In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
Ping An Insurance (Group) Company of China, Ltd. Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318) was around ¥- which consisted of ¥950,371,000,000 of Cash, no Inventory and ¥246,182,000,000 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.
All amounts in CNY
The latest balance sheet of Ping An Insurance (Group) Company of China, Ltd. also showed ¥54,804,000,000 of Property Plant Equipment and ¥43,539,000,000 of Good will. Also there were ¥31,387,000,000 of Intangible assets and ¥119,770,000,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were ¥12,957,827,000,000.
Ping An Insurance (Group) Company of China, Ltd. Balance Sheet Statement - Liabilities
2318's latest annual results shows the balance sheet has ¥6,871,000,000 of Accounts Payable. Also there were ¥1,395,581,000,000 of Short/Long term debt, ¥1,291,118,000,000 of Long term debt, no Other Current liabilities and no Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.
As per the 31 Dec 2024's annual report of Ping An Insurance (Group) Company of China, Ltd., the total liabilities were ¥11,653,115,000,000.
2318 Balance Sheet Statement - Stock Holder Equity
Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.
The latest Balance sheet of Ping An Insurance (Group) Company of China, Ltd. showed the total stock holder equity was ¥928,600,000,000 which consisted of ¥18,210,000,000 of Common stocks, ¥693,470,000,000 of Retained earnings and no Other stock holder equity.
2318 Balance Sheet Statement History
Following table shows the history of balance sheet for Ping An Insurance (Group) Company of China, Ltd. (2318).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 950,371,000,000 | 797,919,000,000 | 747,658,000,000 | 630,510,000,000 |
| Net Receivables | 246,182,000,000 | 216,310,000,000 | 222,976,000,000 | 350,291,000,000 |
| Inventory | - | - | - | - |
| Total Current Assets | - | - | - | - |
| Property Plant Equipment | 54,804,000,000 | 57,206,000,000 | 62,521,000,000 | 60,008,000,000 |
| Good Will | 43,539,000,000 | 44,116,000,000 | 44,060,000,000 | 23,175,000,000 |
| Intangible Assets | 31,387,000,000 | 32,613,000,000 | 33,459,000,000 | 29,638,000,000 |
| Other Assets | 119,770,000,000 | 156,133,000,000 | 178,343,000,000 | 151,239,000,000 |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 12,957,827,000,000 | 11,583,417,000,000 | 11,009,940,000,000 | 10,142,026,000,000 |
| Accounts Payable | 6,871,000,000 | 8,858,000,000 | 10,349,000,000 | 103,944,000,000 |
| Short/Long Term Debt | 1,395,581,000,000 | 1,488,109,000,000 | 1,482,107,000,000 | 1,588,675,000,000 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | 1,291,118,000,000 | 1,384,553,000,000 | 1,347,149,000,000 | 1,458,365,000,000 |
| Other Liabilities | 775,245,000,000 | 523,632,000,000 | 601,031,000,000 | 452,276,000,000 |
| Total Current Liabilities | - | - | - | - |
| Total Liabilities | 11,653,115,000,000 | 10,354,453,000,000 | 9,823,944,000,000 | 9,064,303,000,000 |
| Common Stock | 18,210,000,000 | 18,210,000,000 | 18,280,000,000 | 18,280,000,000 |
| Retained Earnings | 693,470,000,000 | 621,723,000,000 | 592,856,000,000 | 569,507,000,000 |
| Treasury Stock | 5,001,000,000 | 5,001,000,000 | 10,996,000,000 | 9,895,000,000 |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 928,600,000,000 | 899,011,000,000 | 869,191,000,000 | 812,405,000,000 |
| Net Tangible Assets | 853,674,000,000 | 822,282,000,000 | 791,672,000,000 | 759,592,000,000 |
Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318) Balance Sheet Statement FAQ
1. How much Cash Ping An Insurance (Group) Company of China, Ltd. has on their balance sheet?
As of 31 Dec 2024, Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318) has ¥950,371,000,000 of Cash.
2. What's the long term debt of Ping An Insurance (Group) Company of China, Ltd.?
As per the latest Balance sheet of Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318), it has ¥1,291,118,000,000 of Long term debt.
3. How much share holder equity does Ping An Insurance (Group) Company of China, Ltd. has?
The Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318)'s balance sheet shows that it has ¥928,600,000,000 of Total stock holder equity.