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China Reinsurance (Group) (HKSE:01508) Liabilities-to-Assets : 0.78 (As of Dec. 2023)


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What is China Reinsurance (Group) Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. China Reinsurance (Group)'s Total Liabilities for the quarter that ended in Dec. 2023 was HK$391,079 Mil. China Reinsurance (Group)'s Total Assets for the quarter that ended in Dec. 2023 was HK$502,840 Mil. Therefore, China Reinsurance (Group)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.78.


China Reinsurance (Group) Liabilities-to-Assets Historical Data

The historical data trend for China Reinsurance (Group)'s Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Reinsurance (Group) Liabilities-to-Assets Chart

China Reinsurance (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.77 0.76 0.77 0.78

China Reinsurance (Group) Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.81 0.77 0.78 0.78

Competitive Comparison of China Reinsurance (Group)'s Liabilities-to-Assets

For the Insurance - Reinsurance subindustry, China Reinsurance (Group)'s Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Reinsurance (Group)'s Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Reinsurance (Group)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Reinsurance (Group)'s Liabilities-to-Assets falls into.



China Reinsurance (Group) Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

China Reinsurance (Group)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=391079.186/502840.328
=0.78

China Reinsurance (Group)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=391079.186/502840.328
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Reinsurance (Group)  (HKSE:01508) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


China Reinsurance (Group) Liabilities-to-Assets Related Terms

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China Reinsurance (Group) (HKSE:01508) Business Description

Traded in Other Exchanges
Address
No 11, Jinrong Avenue, Xicheng District, Beijing, CHN, 100033
China Reinsurance (Group) Corp is a Chinese company that is engaged in the reinsurance business. It provides various products and services including reinsurance, direct insurance, asset management, insurance brokerage, and insurance media service. The company offers a variety of reinsurance products for various property and casualty insurance, such as motor, property, agricultural, liability insurance, life, health, accident insurance, and asset management services. It operates through the following business segments: Property and casualty reinsurance, Life and health reinsurance, Primary property and casualty insurance, Asset Management, and Others.
Executives
Citigroup Inc. 2502 Approved lending agent
Wellington Management Group Llp 2102 Investment manager

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