Yunfeng Financial Group Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	-	-	-	63,263	46,872	42,113
Investments in Equity & Preferred Securities	419.78	4,157	3,518	3,528	148.82	108.1
Policy Loans	-	-	-	-	3.58	2.8
Other Investments	84,575	74,721	70,862	768.68	333.49	236.73
Total Investments	84,995	78,878	74,379	67,560	68,382	63,077
Cash & Equivalents	5,981	4,351	3,947	2,524	4,015	4,057
Reinsurance Recoverable	7,667	6,791	6,518	6,432	6,854	3,804
Other Receivables	1,672	1,370	926.05	974.99	723.47	715.69
Deferred Policy Acquisition Cost	-	-	-	-	3,506	1,931
Property, Plant & Equipment	583.78	608.62	632.46	674.27	711.79	600.45
Goodwill	-	1,826	1,826	1,826	1,826	1,826
Other Intangible Assets	1,921	94.61	98.18	83.65	84.64	83.52
Restricted Cash	346.25	315.19	321.82	533.34	789.63	747.99
Other Current Assets	676.63	699.67	479.48	224.98	1,498	1,654
Long-Term Deferred Tax Assets	125.5	95.94	70.91	42.25	0.04	0.15
Other Long-Term Assets	1,043	1,013	950.8	893.91	10,085	9,056
Total Assets	105,012	96,042	90,149	81,769	98,474	87,553
Accrued Expenses	32.87	14.25	28.68	41.08	411.79	355.87
Insurance & Annuity Liabilities	77,250	69,848	63,797	55,252	62,130	54,272
Unpaid Claims	-	-	-	-	229.85	184.16
Unearned Premiums	-	-	-	-	2,665	1,837
Reinsurance Payable	-	-	-	-	488.43	321.99
Current Portion of Long-Term Debt	-	-	1,399	-	-	1,554
Current Portion of Leases	-	92.53	117.58	107.28	127.65	133.61
Current Income Taxes Payable	80.61	33.07	67.55	5.64	11.63	13.89
Long-Term Debt	3,025	3,036	1,743	3,139	3,216	2,029
Long-Term Leases	161.21	81.58	94.66	125.78	151.96	152.81
Long-Term Deferred Tax Liabilities	255.78	299.89	276.08	349	1,177	1,220
Other Current Liabilities	1,123	1,150	683.57	726.97	982.06	1,021
Other Long-Term Liabilities	6,705	5,599	5,350	5,594	6,962	5,151
Total Liabilities	88,842	80,347	73,744	65,508	78,584	68,211
Common Stock	11,873	11,873	11,873	11,873	11,873	11,873
Retained Earnings	1,948	1,807	1,234	2,185	995.92	482.51
Comprehensive Income & Other	-3,038	-3,249	-2,103	-3,051	855.26	1,025
Total Common Equity	10,784	10,431	11,003	11,007	13,724	13,381
Minority Interest	5,386	5,263	5,402	5,254	6,167	5,961
Shareholders' Equity	16,169	15,694	16,405	16,262	19,891	19,342
Total Liabilities & Equity	105,012	96,042	90,149	81,769	98,474	87,553
Filing Date Shares Outstanding	3,868	3,868	3,868	3,868	3,868	3,868
Total Common Shares Outstanding	3,868	3,868	3,868	3,868	3,868	3,868
Total Debt	3,187	3,210	3,355	3,372	3,495	3,869
Net Cash (Debt)	2,794	1,141	592.46	-848.42	519.47	187.94
Net Cash Growth	112.81%	92.53%	-	-	176.40%	-
Net Cash Per Share	0.73	0.30	0.15	-0.22	0.13	0.06
Book Value Per Share	2.79	2.70	2.84	2.85	3.55	3.46
Tangible Book Value	8,862	8,510	9,080	9,098	11,814	11,471
Tangible Book Value Per Share	2.29	2.20	2.35	2.35	3.05	2.97
Machinery	-	578.01	535.3	506.37	448.28	359.33
Leasehold Improvements	-	107.45	80.39	81.03	85.28	55.93

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.