Ping An Insurance (Group) Company of China, Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Ping An Insurance (Group) Company of China, Ltd.'s balance sheet done over the years? Its assets were worth $11,583,417,000,000 last year, which is more than in the previous period. 89% of Ping An Insurance (Group) Company of China, Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $10,354,453,000,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2014 | 4005911000000 | 3.65T | 91.17% |
|---|---|---|---|
| 2015 | 4765159000000 | 4.35T | 91.32% |
| 2016 | 5576903000000 | 5.09T | 91.28% |
| 2017 | 6493075000000 | 5.90T | 90.95% |
| 2018 | 7142960000000 | 6.45T | 90.43% |
| 2019 | 8222929000000 | 7.37T | 89.63% |
| 2020 | 9527870000000 | 8.53T | 89.63% |
| 2021 | 10142026000000 | 9.06T | 89.37% |
| 2022 | 11137168000000 | 9.96T | 89.45% |
| 2023 | 11583417000000 | 10.35T | 89.39% |
PNGAY Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 797.91B | 746.51B | 630.51B | 597.29B | 529.47B | 548.49B | 628.81B | 667.13B | 551.69B | 488.54B |
Short term investments | 0 | 256.25B | 205.22B | 310.70B | 280.67B | 0 | 775.09B | 537.24B | 516.36B | 351.43B |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 1.55T | 1.39T | 1.20T | 1.27T | 1.15T | 2.84T | 2.68T | 2.49T | 2.06T | 1.88T |
Total current assets | 2.35T | 746.51B | 630.51B | 597.29B | 529.47B | 3.39T | 4.09T | 3.69T | 3.13T | 2.72T |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 60.19B | 62.52B | 60.00B | 58.02B | 59.20B | 45.37B | 43.03B | 36.14B | 32.29B | 26.40B |
Goodwill | 44.11B | 44.06B | 23.17B | 23.03B | 20.92B | 20.52B | 20.50B | 20.63B | 12.46B | 12.03B |
Intangible assets | 32.61B | 33.45B | 29.63B | 27.49B | 27.78B | 29.38B | 33.42B | 36.55B | 29.77B | 30.79B |
Long term investments | 6.25T | 5.66T | 5.20T | 4.95T | 4.20T | 3.61T | 2.26T | 1.75T | 1.54T | 1.20T |
Other non-current assets | 11.00T | -5.90T | -5.38T | -5.12T | -4.36T | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 17.49T | 5.90T | 5.38T | 5.12T | 4.36T | 3.75T | 2.39T | 1.88T | 1.63T | 1.28T |
Total assets | 11.58T | 11.13T | 10.14T | 9.52T | 8.22T | 7.14T | 6.49T | 5.57T | 4.76T | 4.00T |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 7.11B | 8.29B | 50.62B | 52.89B | 50.34B | 39.99B | 35.38B | 28.84B | 20.56B | 15.62B |
Short term debt | 93.32B | 121.94B | 116.10B | 134.75B | 112.28B | 93.62B | 90.31B | 56.90B | 0 | 20.90B |
Total current liabilities | 0 | 232.03B | 220.04B | 220.98B | 189.85B | 155.89B | 150.37B | 117.33B | 88.83B | 60.10B |
| Non-current liabilities: | ||||||||||
Long term debt | 1.39T | 1.35T | 1.47T | 1.28T | 1.07T | 879.30B | 719.12B | 492.80B | 332.91B | 142.62B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 8.95T | -1.18T | -1.52T | -1.35T | -1.13T | 0 | -719.12B | 0 | -332.91B | -142.62B |
Total non-current liabilities | 10.35T | 232.03B | 1.52T | 1.35T | 1.13T | 945.00B | 804.5B | 562.90B | 379.85B | 178.26B |
Total liabilities | 10.35T | 9.96T | 9.06T | 8.53T | 7.37T | 6.45T | 5.90T | 5.09T | 4.35T | 3.65T |