China Net Receivables vs Net Invested Capital Analysis

601628 Stock

41.62 0.69 1.63%

China Life financial indicator trend analysis is way more than just evaluating China Life Insurance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Life Insurance is a good investment. Please check the relationship between China Life Net Receivables and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Net Invested Capital

Net Receivables vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Life Insurance Net Receivables account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between China Life's Net Receivables and Net Invested Capital is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of China Life Insurance, assuming nothing else is changed. The correlation between historical values of China Life's Net Receivables and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of China Life Insurance are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Receivables i.e., China Life's Net Receivables and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from China Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Life Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 29, 2024, Selling General Administrative is expected to decline to about 37.5 B. The current year's Tax Provision is expected to grow to about (10.2 B)

	2023	2024 (projected)
Gross Profit	123.1B	82.9B
Total Revenue	829.3B	702.3B

Gross Profit Total Revenue

China Life fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Other Current Assets	Total Current Assets	Intangible Assets	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.97	1.0	0.99	0.91	0.46	0.84	0.97	0.66	0.91	0.88	0.57	1.0	-0.84	0.99	-0.49	0.87	0.91	0.98	0.78	0.89	-0.94	0.63	0.85	-0.36	0.81
Total Stockholder Equity	0.97		0.96	0.99	0.96	0.64	0.75	0.96	0.78	0.94	0.81	0.55	0.96	-0.92	0.95	-0.45	0.81	0.96	0.98	0.73	0.8	-0.88	0.47	0.78	-0.3	0.77
Other Liab	1.0	0.96		0.98	0.9	0.46	0.79	0.98	0.64	0.9	0.86	0.6	1.0	-0.82	0.99	-0.48	0.89	0.88	0.98	0.78	0.9	-0.95	0.62	0.85	-0.3	0.82
Net Tangible Assets	0.99	0.99	0.98		0.93	0.58	0.78	0.96	0.75	0.93	0.82	0.56	0.98	-0.89	0.98	-0.47	0.84	0.94	0.98	0.75	0.84	-0.89	0.56	0.79	-0.3	0.78
Retained Earnings	0.91	0.96	0.9	0.93		0.66	0.67	0.91	0.7	0.91	0.73	0.5	0.9	-0.89	0.87	-0.38	0.78	0.91	0.93	0.66	0.69	-0.83	0.34	0.74	-0.18	0.7
Accounts Payable	0.46	0.64	0.46	0.58	0.66		0.09	0.5	0.78	0.64	0.13	0.07	0.44	-0.78	0.4	0.1	0.38	0.74	0.55	0.22	0.16	-0.25	-0.18	0.17	0.21	0.16
Cash	0.84	0.75	0.79	0.78	0.67	0.09		0.74	0.44	0.71	0.96	0.36	0.84	-0.67	0.85	-0.47	0.66	0.72	0.76	0.65	0.82	-0.83	0.77	0.74	-0.74	0.7
Other Assets	0.97	0.96	0.98	0.96	0.91	0.5	0.74		0.64	0.91	0.84	0.57	0.97	-0.79	0.95	-0.49	0.92	0.87	0.99	0.84	0.89	-0.95	0.47	0.89	-0.29	0.84
Long Term Debt	0.66	0.78	0.64	0.75	0.7	0.78	0.44	0.64		0.63	0.45	0.47	0.65	-0.81	0.65	-0.41	0.4	0.8	0.67	0.51	0.46	-0.44	0.21	0.42	-0.23	0.55
Net Receivables	0.91	0.94	0.9	0.93	0.91	0.64	0.71	0.91	0.63		0.77	0.31	0.91	-0.91	0.88	-0.19	0.84	0.95	0.95	0.61	0.73	-0.86	0.37	0.72	-0.29	0.61
Short Term Investments	0.88	0.81	0.86	0.82	0.73	0.13	0.96	0.84	0.45	0.77		0.49	0.89	-0.64	0.88	-0.52	0.79	0.72	0.84	0.76	0.89	-0.93	0.69	0.85	-0.7	0.84
Other Stockholder Equity	0.57	0.55	0.6	0.56	0.5	0.07	0.36	0.57	0.47	0.31	0.49		0.57	-0.28	0.61	-0.79	0.38	0.32	0.5	0.53	0.56	-0.58	0.42	0.58	-0.16	0.83
Total Liab	1.0	0.96	1.0	0.98	0.9	0.44	0.84	0.97	0.65	0.91	0.89	0.57		-0.83	0.99	-0.49	0.87	0.9	0.98	0.78	0.9	-0.95	0.64	0.85	-0.36	0.81
Deferred Long Term Liab	-0.84	-0.92	-0.82	-0.89	-0.89	-0.78	-0.67	-0.79	-0.81	-0.91	-0.64	-0.28	-0.83		-0.82	0.16	-0.64	-0.99	-0.85	-0.48	-0.58	0.68	-0.38	-0.53	0.25	-0.48
Long Term Investments	0.99	0.95	0.99	0.98	0.87	0.4	0.85	0.95	0.65	0.88	0.88	0.61	0.99	-0.82		-0.53	0.83	0.88	0.95	0.77	0.9	-0.93	0.69	0.84	-0.38	0.82
Short Long Term Debt	-0.49	-0.45	-0.48	-0.47	-0.38	0.1	-0.47	-0.49	-0.41	-0.19	-0.52	-0.79	-0.49	0.16	-0.53		-0.25	-0.23	-0.41	-0.62	-0.52	0.48	-0.41	-0.58	0.38	-0.81
Short Term Debt	0.87	0.81	0.89	0.84	0.78	0.38	0.66	0.92	0.4	0.84	0.79	0.38	0.87	-0.64	0.83	-0.25		0.74	0.91	0.79	0.86	-0.91	0.47	0.82	-0.19	0.71
Common Stock	0.91	0.96	0.88	0.94	0.91	0.74	0.72	0.87	0.8	0.95	0.72	0.32	0.9	-0.99	0.88	-0.23	0.74		0.92	0.6	0.69	-0.77	0.41	0.64	-0.29	0.58
Property Plant Equipment	0.98	0.98	0.98	0.98	0.93	0.55	0.76	0.99	0.67	0.95	0.84	0.5	0.98	-0.85	0.95	-0.41	0.91	0.92		0.8	0.87	-0.94	0.48	0.85	-0.3	0.78
Other Current Liab	0.78	0.73	0.78	0.75	0.66	0.22	0.65	0.84	0.51	0.61	0.76	0.53	0.78	-0.48	0.77	-0.62	0.79	0.6	0.8		0.91	-0.79	0.39	0.93	-0.37	0.83
Total Current Liabilities	0.89	0.8	0.9	0.84	0.69	0.16	0.82	0.89	0.46	0.73	0.89	0.56	0.9	-0.58	0.9	-0.52	0.86	0.69	0.87	0.91		-0.92	0.65	0.95	-0.47	0.84
Other Current Assets	-0.94	-0.88	-0.95	-0.89	-0.83	-0.25	-0.83	-0.95	-0.44	-0.86	-0.93	-0.58	-0.95	0.68	-0.93	0.48	-0.91	-0.77	-0.94	-0.79	-0.92		-0.6	-0.91	0.43	-0.85
Total Current Assets	0.63	0.47	0.62	0.56	0.34	-0.18	0.77	0.47	0.21	0.37	0.69	0.42	0.64	-0.38	0.69	-0.41	0.47	0.41	0.48	0.39	0.65	-0.6		0.44	-0.43	0.5
Intangible Assets	0.85	0.78	0.85	0.79	0.74	0.17	0.74	0.89	0.42	0.72	0.85	0.58	0.85	-0.53	0.84	-0.58	0.82	0.64	0.85	0.93	0.95	-0.91	0.44		-0.45	0.87
Common Stock Shares Outstanding	-0.36	-0.3	-0.3	-0.3	-0.18	0.21	-0.74	-0.29	-0.23	-0.29	-0.7	-0.16	-0.36	0.25	-0.38	0.38	-0.19	-0.29	-0.3	-0.37	-0.47	0.43	-0.43	-0.45		-0.47
Net Invested Capital	0.81	0.77	0.82	0.78	0.7	0.16	0.7	0.84	0.55	0.61	0.84	0.83	0.81	-0.48	0.82	-0.81	0.71	0.58	0.78	0.83	0.84	-0.85	0.5	0.87	-0.47

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China Life Account Relationship Matchups

China Life fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7T	4.3T	4.9T	5.3T	5.9T	3.9T
Total Stockholder Equity	403.8B	450.1B	478.6B	436.2B	460.1B	389.4B
Other Liab	2.4T	2.8T	3.2T	3.8T	4.4T	2.5T
Net Tangible Assets	310.3B	395.7B	441.7B	470.6B	541.1B	356.5B
Retained Earnings	283.5B	312.9B	345.5B	359.3B	201.3B	263.6B
Accounts Payable	276.7B	302.2B	208.8B	60.8B	67.3B	64.0B
Cash	53.3B	56.6B	60.4B	127.6B	149.6B	157.0B
Other Assets	646.2B	695.2B	696.3B	648.3B	745.5B	493.1B
Long Term Debt	55.0B	54.5B	53.7B	12.8B	47.7B	42.7B
Net Receivables	23.9B	26.8B	27.0B	27.5B	29.5B	25.6B
Short Term Investments	1.1T	1.2T	1.4T	1.7T	2.3T	2.4T
Other Stockholder Equity	37.0B	54.9B	105.3B	48.6B	55.9B	39.8B
Total Liab	3.3T	3.8T	4.4T	4.8T	5.4T	3.5T
Deferred Long Term Liab	931M	1.1B	1.1B	822M	739.8M	867.6M
Long Term Investments	2.4T	2.8T	3.4T	3.8T	4.5T	2.7T
Short Long Term Debt	15.5B	1.1B	1.6B	1.5B	1.3B	1.3B
Property Plant Equipment	54.2B	54.8B	57.4B	55.9B	64.3B	45.4B
Other Current Liab	75.1B	68.9B	62.8B	63.9B	73.5B	64.1B
Total Current Liabilities	522.3B	497.1B	516.5B	532.0B	611.8B	522.6B
Other Current Assets	72.6B	69.7B	69.6B	53.2B	47.8B	61.2B
Total Current Assets	275.8B	304.6B	379.8B	480.2B	552.3B	376.7B
Intangible Assets	7.8B	8.1B	8.0B	8.1B	8.4B	8.1B
Net Invested Capital	458.8B	504.6B	532.3B	448.9B	507.8B	492.0B

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Balance Sheet is a snapshot of the financial position of China Life Insurance at a specified time, usually calculated after every quarter, six months, or one year. China Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.

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China Net Receivables vs Net Invested Capital Analysis

Net Receivables vs Net Invested Capital

Net Receivables vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Net Receivables

Net Invested Capital

China Life fundamental ratios Correlations

China Life Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Life fundamental ratios Accounts

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Other Information on Investing in China Stock

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Other Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Other Liab
Net Tangible Assets	+ 0.99	Total Assets
Long Term Investments	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Common Stock	- 0.99	Deferred Long Term Liab
Other Current Assets	- 0.95	Total Liab
Other Current Assets	- 0.95	Other Assets
Other Current Assets	- 0.95	Other Liab
Other Current Assets	- 0.94	Property Plant Equipment
Other Current Assets	- 0.94	Total Assets