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Ping An Bank Co (SZSE:000001) Liabilities-to-Assets : 0.92 (As of Mar. 2024)


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What is Ping An Bank Co 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. Ping An Bank Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥5,243,822 Mil. Ping An Bank Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,729,398 Mil. Therefore, Ping An Bank Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.92.


Ping An Bank Co Liabilities-to-Assets Historical Data

The historical data trend for Ping An Bank Co'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.

* Premium members only.

Ping An Bank Co Liabilities-to-Assets Chart

Ping An Bank Co 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 0.92 0.92 0.92 0.92 0.92

Ping An Bank Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.92 0.92 0.92 0.92 0.92

Competitive Comparison of Ping An Bank Co's Liabilities-to-Assets

For the Banks - Regional subindustry, Ping An Bank Co'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.


Ping An Bank Co's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ping An Bank Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ping An Bank Co's Liabilities-to-Assets falls into.



Ping An Bank Co 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.

Ping An Bank Co'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
=5114788/5587116
=0.92

Ping An Bank Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=5243822/5729398
=0.92

* 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.


Ping An Bank Co  (SZSE:000001) 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.


Ping An Bank Co Liabilities-to-Assets Related Terms

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Ping An Bank Co (SZSE:000001) Business Description

Traded in Other Exchanges
N/A
Address
5047 East Shennan Road, Board Office of Ping On Bank, Guangdong, Shenzhen, CHN, 518001
Ping An Bank is a leading nationwide joint-stock commercial bank with headquarters in Shenzhen. Its parent, Ping An Group, the second-largest insurance company in China, owns about a 58% stake in Ping An Bank. The bank was formerly known as Shenzhen Development Bank and was merged with Ping An Bank in mid-2012. The bank offers a full range of commercial banking services, operating 91 branches and 1,058 outlets in China.
Executives
Xiang You Zhi Directors, executives
Xie Yong Lin Director
Yang Zhi Qun Directors, executives
Ju Wei Ping Executives
Qiu Wei Supervisors
Hu Yue Fei Directors, executives
Sun Yong Zhen Supervisors
Wang Song Qi Independent director
Gan Yu Supervisors
Che Guo Bao Supervisors
Wu Peng Executives
Zhou Jian Guo Supervisors
Sun Xian Lang Executives
Wang Li Ping Director
Ye Shu Hong Supervisors

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