Min Xin Holdings 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	440.19	256.8	156.17	-	-	-
Investments in Equity & Preferred Securities	7,295	6,349	6,431	6,540	6,768	6,106
Other Investments	434.8	1,016	953.36	1,051	1,132	361
Total Investments	8,532	7,900	8,340	8,506	8,818	7,010
Cash & Equivalents	639.03	574.33	415.42	236.26	466.99	875.53
Reinsurance Recoverable	15.13	17.76	15.02	11.74	13.46	8.56
Other Receivables	29.08	58.51	32.85	34.56	184.43	128.08
Deferred Policy Acquisition Cost	-	-	-	-	49.96	40.44
Property, Plant & Equipment	25.35	26.62	27.21	28.21	29.01	25.61
Other Intangible Assets	-	-	-	-	-	0.27
Restricted Cash	-	-	-	-	111.36	-
Long-Term Deferred Tax Assets	-	-	-	-	0.02	0.17
Other Long-Term Assets	103.74	337.92	354.54	352.07	-	316.8
Total Assets	9,344	8,915	9,185	9,169	9,673	8,406
Insurance & Annuity Liabilities	8.22	169.09	146.26	103.75	153.41	93.26
Unearned Premiums	-	-	-	-	88.33	67.1
Reinsurance Payable	3.1	4.79	8.5	8.82	-	-
Current Portion of Long-Term Debt	-	78	-	-	99.99	249.94
Current Portion of Leases	0.99	1.05	0.28	0.25	0.23	0.07
Short-Term Debt	847.63	559.9	656.99	494.03	497.31	171.6
Current Income Taxes Payable	5.5	4.54	4.58	27.7	29.58	28.34
Long-Term Debt	-	198.6	198.58	198.56	-	99.99
Long-Term Leases	0.68	1.11	0.31	0.59	0.83	-
Long-Term Deferred Tax Liabilities	43.13	42.35	62.85	49.34	63.46	61.04
Other Current Liabilities	48.42	37.49	36.93	24.43	25.53	36.45
Total Liabilities	1,127	1,097	1,115	907.47	958.67	807.77
Common Stock	1,715	1,715	1,715	1,715	1,715	1,715
Retained Earnings	6,427	6,363	6,327	6,353	5,969	5,533
Comprehensive Income & Other	74.58	-259.78	27.22	192.61	1,030	349.68
Shareholders' Equity	8,217	7,818	8,069	8,261	8,715	7,598
Total Liabilities & Equity	9,344	8,915	9,185	9,169	9,673	8,406
Filing Date Shares Outstanding	597.26	597.26	597.26	597.26	597.26	597.26
Total Common Shares Outstanding	597.26	597.26	597.26	597.26	597.26	597.26
Total Debt	849.3	838.66	856.16	693.43	598.36	521.59
Net Cash (Debt)	-210.27	-264.33	-440.74	-457.17	-131.37	353.94
Net Cash Growth	-	-	-	-	-	-8.43%
Net Cash Per Share	-0.35	-0.44	-0.74	-0.77	-0.22	0.59
Book Value Per Share	13.76	13.09	13.51	13.83	14.59	12.72
Tangible Book Value	8,217	7,818	8,069	8,261	8,715	7,598
Tangible Book Value Per Share	13.76	13.09	13.51	13.83	14.59	12.72
Buildings	20.88	20.77	20.9	21.02	21.36	18.52
Machinery	11.51	11.96	11.87	10.79	9.5	9.43

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