Dhipaya Group Holdings PCL (BKK: TIPH)

TIPH Balance Sheet

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	5,605	5,063	3,468	4,130	3,956	5,381
Investments in Equity & Preferred Securities	8,564	7,960	9,041	8,219	7,137	3,099
Other Investments	1,724	2,288	2,677	2,522	1,729	5,303
Total Investments	16,044	15,463	15,335	15,021	12,976	13,941
Cash & Equivalents	1,568	2,608	3,111	2,475	3,773	1,828
Reinsurance Recoverable	21,652	24,644	24,788	22,771	18,695	15,575
Other Receivables	6,476	7,422	6,209	4,552	3,649	4,104
Property, Plant & Equipment	1,435	1,472	1,458	1,471	1,527	1,494
Goodwill	248.46	248.46	248.46	-	-	-
Other Intangible Assets	95.06	79.58	64.75	49.87	59.89	61.44
Other Current Assets	1,982	3,075	2,155	1,510	1,678	2,407
Long-Term Deferred Tax Assets	1,415	1,477	1,107	1,028	1,121	857.6
Other Long-Term Assets	1,153	771.04	1,359	761.6	994.19	630.31
Total Assets	52,068	57,260	55,835	49,639	44,472	40,900
Accrued Expenses	923.8	1,295	1,270	1,325	799.42	679.21
Unpaid Claims	7,490	8,949	10,084	8,716	7,962	5,520
Unearned Premiums	21,893	26,283	24,029	20,940	19,408	19,422
Reinsurance Payable	9,578	9,149	8,401	7,127	5,750	5,237
Current Portion of Leases	-	34.01	33.14	26.77	31.83	11.93
Short-Term Debt	-	-	772	-	-	-
Current Income Taxes Payable	-	-	59.61	-	137.61	144.47
Long-Term Debt	998.7	998.2	-	-	-	-
Long-Term Leases	-	66.86	43.44	57.76	65.37	6.17
Other Current Liabilities	-	-	29.93	80.73	-	-
Other Long-Term Liabilities	1,309	988.3	1,277	1,179	1,385	1,106
Total Liabilities	42,733	48,266	46,484	39,964	36,029	32,543
Common Stock	594.29	594.29	594.29	594.29	0.01	600
Additional Paid-In Capital	895.39	895.39	895.39	895.39	-	904
Retained Earnings	10,690	10,619	9,598	9,502	8,760	7,773
Comprehensive Income & Other	-3,015	-3,271	-1,878	-1,409	-397.73	-919.4
Total Common Equity	9,165	8,838	9,210	9,583	8,363	8,358
Minority Interest	169.79	155.97	140.47	92.34	80.46	-
Shareholders' Equity	9,335	8,994	9,351	9,675	8,443	8,358
Total Liabilities & Equity	52,068	57,260	55,835	49,639	44,472	40,900
Filing Date Shares Outstanding	594.29	594.29	594.29	594.29	600	600
Total Common Shares Outstanding	594.29	594.29	594.29	594.29	600	600
Total Debt	998.7	1,099	848.59	84.53	97.2	18.1
Net Cash (Debt)	569.4	1,509	2,262	2,391	3,675	1,810
Net Cash Growth	-28.84%	-33.32%	-5.37%	-34.96%	103.04%	-22.16%
Net Cash Per Share	0.96	2.54	3.81	4.02	6.18	3.02
Book Value Per Share	15.42	14.87	15.50	16.12	13.94	13.93
Tangible Book Value	8,822	8,510	8,897	9,533	8,303	8,296
Tangible Book Value Per Share	14.84	14.32	14.97	16.04	13.84	13.83
Land	486.55	486.55	488.78	473.83	473.83	461.7
Buildings	1,364	1,357	1,281	1,216	1,181	1,161
Machinery	894.92	885.22	857.8	781.76	774.53	742.15
Construction In Progress	0.16	0.16	24.98	41.39	2.07	17.95

Source: S&P Capital IQ. Insurance template. Financial Sources.