Min Xin Holdings Limited (FRA:MXD)

Min Xin Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	185.93	187.38	191.13	195	156.16	126.9
Total Interest & Dividend Income	-7.23	-4.15	-5.3	4.54	-	-
Gain (Loss) on Sale of Investments	5.12	8.96	0.69	17.74	15	-25.92
Non-Insurance Activities Revenue	47.36	39.22	23.52	13.12	61.53	63.51
Other Revenue	32.63	36.91	34.24	32.93	0.16	0.22
Total Revenue	263.82	268.33	244.27	263.32	232.85	164.7
Revenue Growth (YoY)	5.07%	9.85%	-7.23%	13.09%	41.38%	10.88%
Policy Benefits	46.17	55.84	69.59	80.76	48.41	35.33
Policy Acquisition & Underwriting Costs	94.06	94.06	91.31	93.25	83.77	66.83
Selling, General & Administrative	61.83	53.73	56.57	47.05	54.9	54.63
Non-Insurance Activities Expense	-1.29	1.81	-2.85	-6.29	-5.75	-9.4
Other Operating Expenses	-1.41	-1.41	2.1	0.84	-0	-2.44
Reinsurance Income or Expense	-17.46	-17.46	-16.61	-	-	-
Total Operating Expenses	216.81	221.49	233.33	215.6	181.33	144.96
Operating Income	47	46.84	10.94	47.72	51.51	19.74
Interest Expense	-41.74	-44.17	-41.37	-21.56	-11.63	-14.33
Earnings From Equity Investments	123.26	130.8	67.49	476.27	461.23	446.93
Currency Exchange Gain (Loss)	5.9	-31.83	-6.28	-27.69	3.64	6.14
EBT Excluding Unusual Items	134.42	101.65	30.79	474.74	504.75	458.49
Gain (Loss) on Sale of Assets	0.01	-0.03	-0.01	0	-	-
Asset Writedown	-7.05	-6.75	-1.01	-2.28	5.22	13.7
Pretax Income	127.38	94.87	29.76	472.46	509.97	472.19
Income Tax Expense	8.1	7.17	-9.65	15.49	14.04	36.13
Net Income	119.27	87.7	39.41	456.97	495.93	436.06
Net Income to Common	119.27	87.7	39.41	456.97	495.93	436.06
Net Income Growth	-	122.53%	-91.38%	-7.86%	13.73%	-23.70%
Shares Outstanding (Basic)	597	597	597	597	597	597
Shares Outstanding (Diluted)	597	597	597	597	597	597
EPS (Basic)	0.20	0.15	0.07	0.77	0.83	0.73
EPS (Diluted)	0.20	0.15	0.07	0.77	0.83	0.73
EPS Growth	-	122.53%	-91.38%	-7.86%	13.73%	-23.70%
Free Cash Flow	51.59	-26	-17.25	41.97	27.39	11.38
Free Cash Flow Per Share	0.09	-0.04	-0.03	0.07	0.05	0.02
Dividend Per Share	-	-	0.090	0.120	0.120	0.100
Dividend Growth	-	-	-25.00%	-	20.00%	-
Operating Margin	17.82%	17.46%	4.48%	18.12%	22.12%	11.99%
Profit Margin	45.21%	32.68%	16.13%	173.54%	212.99%	264.76%
Free Cash Flow Margin	19.55%	-9.69%	-7.06%	15.94%	11.76%	6.91%
EBITDA	49.03	49	12.56	49.17	52.77	21.01
EBITDA Margin	18.58%	18.26%	5.14%	18.67%	22.66%	12.76%
D&A For EBITDA	2.02	2.16	1.62	1.45	1.26	1.27
EBIT	47	46.84	10.94	47.72	51.51	19.74
EBIT Margin	17.82%	17.46%	4.48%	18.12%	22.12%	11.99%
Effective Tax Rate	6.36%	7.56%	-	3.28%	2.75%	7.65%

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