New China Life Insurance Co Ltd (601336) — Working Capital to Net Assets Ratio
New China Life Insurance Co Ltd (601336) has a Working Capital to Net Assets ratio of -227.8% as of December 2024. Working capital of CN¥-219.28 Billion (current assets of CN¥8.84 Billion minus current liabilities of CN¥228.12 Billion) is measured against net assets of CN¥96.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See New China Life Insurance Co Ltd (601336) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
New China Life Insurance Co Ltd Working Capital to Net Assets (2008–2024)
This chart shows how New China Life Insurance Co Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of December 2024, the ratio stands at -227.8%, reflecting working capital of CN¥-219.28 Billion against net assets of CN¥96.27 Billion CNY. For the complete balance sheet picture, see New China Life Insurance Co Ltd asset portfolio.
Annual Working Capital to Net Assets for New China Life Insurance Co Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for New China Life Insurance Co Ltd from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check 601336 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -227.8% | CN¥-219.28 Billion | CN¥96.27 Billion | CN¥8.84 Billion | CN¥228.12 Billion | ▼ -97.6 pp |
| 2023 | -130.1% | CN¥-136.75 Billion | CN¥105.09 Billion | CN¥21.79 Billion | CN¥158.54 Billion | ▼ -506.4 pp |
| 2022 | 376.2% | CN¥387.18 Billion | CN¥102.91 Billion | CN¥393.24 Billion | CN¥6.06 Billion | ▲ +67.3 pp |
| 2021 | 308.9% | CN¥335.24 Billion | CN¥108.51 Billion | CN¥418.90 Billion | CN¥83.67 Billion | ▼ -116.9 pp |
| 2020 | 425.8% | CN¥432.96 Billion | CN¥101.68 Billion | CN¥439.70 Billion | CN¥6.74 Billion | ▼ -39.7 pp |
| 2019 | 465.5% | CN¥393.14 Billion | CN¥84.46 Billion | CN¥399.06 Billion | CN¥5.92 Billion | ▲ +1.9 pp |
| 2018 | 463.6% | CN¥304.11 Billion | CN¥65.60 Billion | CN¥309.89 Billion | CN¥5.78 Billion | ▼ -47.6 pp |
| 2017 | 511.3% | CN¥325.79 Billion | CN¥63.72 Billion | CN¥329.20 Billion | CN¥3.41 Billion | ▲ +13.5 pp |
| 2016 | 497.7% | CN¥294.27 Billion | CN¥59.12 Billion | CN¥297.44 Billion | CN¥3.17 Billion | ▲ +101.9 pp |
| 2015 | 395.8% | CN¥228.94 Billion | CN¥57.84 Billion | CN¥230.66 Billion | CN¥1.72 Billion | ▲ +9.6 pp |
| 2014 | 386.3% | CN¥186.81 Billion | CN¥48.36 Billion | CN¥188.17 Billion | CN¥1.37 Billion | ▲ +21.8 pp |
| 2013 | 364.5% | CN¥143.31 Billion | CN¥39.32 Billion | CN¥144.33 Billion | CN¥1.01 Billion | ▲ +62.6 pp |
| 2012 | 301.9% | CN¥108.32 Billion | CN¥35.88 Billion | CN¥109.14 Billion | CN¥822.00 Million | ▲ +29.4 pp |
| 2011 | 272.5% | CN¥85.33 Billion | CN¥31.31 Billion | CN¥85.86 Billion | CN¥530.00 Million | ▼ -1264.6 pp |
| 2010 | 1537.1% | CN¥101.03 Billion | CN¥6.57 Billion | CN¥101.43 Billion | CN¥397.00 Million | ▲ +85.1 pp |
| 2009 | 1452.0% | CN¥61.61 Billion | CN¥4.24 Billion | CN¥61.95 Billion | CN¥341.00 Million | ▼ -1609.4 pp |
| 2008 | 3061.5% | CN¥42.49 Billion | CN¥1.39 Billion | CN¥42.73 Billion | CN¥242.00 Million | — |