Min Xin Holdings Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	-	256.8	156.17	-	-
Investments in Equity & Preferred Securities	6,691	6,349	6,431	6,540	6,768
Other Investments	1,477	1,016	953.36	1,051	1,132
Total Investments	8,669	7,900	8,340	8,506	8,818
Cash & Equivalents	621.4	574.33	415.42	236.26	466.99
Reinsurance Recoverable	12.3	17.76	15.02	11.74	13.46
Other Receivables	28.34	58.51	32.85	34.56	184.43
Deferred Policy Acquisition Cost	-	-	-	-	49.96
Property, Plant & Equipment	26.34	26.62	27.21	28.21	29.01
Restricted Cash	-	-	-	-	111.36
Long-Term Deferred Tax Assets	-	-	-	-	0.02
Other Long-Term Assets	103.61	337.92	354.54	352.07	-
Total Assets	9,461	8,915	9,185	9,169	9,673
Insurance & Annuity Liabilities	170.54	169.09	146.26	103.75	153.41
Unearned Premiums	-	-	-	-	88.33
Reinsurance Payable	3.92	4.79	8.5	8.82	-
Current Portion of Long-Term Debt	-	78	-	-	99.99
Current Portion of Leases	-	1.05	0.28	0.25	0.23
Short-Term Debt	83	559.9	656.99	494.03	497.31
Current Income Taxes Payable	3.53	4.54	4.58	27.7	29.58
Long-Term Debt	781.61	198.6	198.58	198.56	-
Long-Term Leases	3.32	1.11	0.31	0.59	0.83
Long-Term Deferred Tax Liabilities	43.26	42.35	62.85	49.34	63.46
Other Current Liabilities	53.86	37.49	36.93	24.43	25.53
Total Liabilities	1,143	1,097	1,115	907.47	958.67
Common Stock	1,715	1,715	1,715	1,715	1,715
Retained Earnings	4,793	6,363	6,327	6,353	5,969
Comprehensive Income & Other	1,810	-259.78	27.22	192.61	1,030
Shareholders' Equity	8,318	7,818	8,069	8,261	8,715
Total Liabilities & Equity	9,461	8,915	9,185	9,169	9,673
Filing Date Shares Outstanding	596.96	597.26	597.26	597.26	597.26
Total Common Shares Outstanding	596.96	597.26	597.26	597.26	597.26
Total Debt	867.93	838.66	856.16	693.43	598.36
Net Cash (Debt)	-246.53	-264.33	-440.74	-457.17	-131.37
Net Cash Per Share	-0.41	-0.44	-0.74	-0.77	-0.22
Book Value Per Share	13.93	13.09	13.51	13.83	14.59
Tangible Book Value	8,318	7,818	8,069	8,261	8,715
Tangible Book Value Per Share	13.93	13.09	13.51	13.83	14.59
Buildings	-	20.77	20.9	21.02	21.36
Machinery	-	11.96	11.87	10.79	9.5

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.