Asia Financial 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	1,607	1,475	1,170	1,061	997.54
Investments in Equity & Preferred Securities	8,012	6,882	6,360	6,829	6,783
Other Investments	-	1,344	1,755	1,072	230.95
Total Investments	13,318	12,633	11,556	11,001	9,954
Cash & Equivalents	2,884	1,179	1,131	1,657	2,643
Reinsurance Recoverable	1,873	1,225	1,256	1,000	1,707
Other Receivables	240.82	658.23	455.02	466.32	524.62
Property, Plant & Equipment	184.18	182.89	185.59	187.25	188.7
Other Current Assets	349.72	344.35	341.44	295.81	295.81
Other Long-Term Assets	414.53	111.54	110.61	126.95	126.67
Total Assets	19,264	16,334	15,035	14,735	15,439
Accrued Expenses	4.22	311.37	493.18	309.78	328.16
Insurance & Annuity Liabilities	4,622	3,891	3,492	3,220	285.82
Unpaid Claims	-	-	-	-	2,953
Unearned Premiums	-	-	-	-	1,169
Current Portion of Leases	-	-	-	3.62	1.84
Current Income Taxes Payable	158.55	242.85	54.73	33.75	33.28
Long-Term Leases	-	2.77	3.78	2.25	2.51
Long-Term Deferred Tax Liabilities	351.65	207.5	243.31	269.8	241.74
Other Current Liabilities	0.04	0.04	0.04	-	-
Other Long-Term Liabilities	460.96	-	-	-	-
Total Liabilities	5,598	4,656	4,287	3,839	5,015
Common Stock	924.14	924.75	929.3	936.59	939.97
Additional Paid-In Capital	-	560.53	560.53	560.53	560.53
Retained Earnings	147.86	6,698	6,166	5,920	5,553
Treasury Stock	-	-0.39	-0.8	-0.41	-2.5
Comprehensive Income & Other	12,594	3,495	3,094	3,479	3,372
Total Common Equity	13,666	11,678	10,749	10,895	10,424
Shareholders' Equity	13,666	11,678	10,749	10,895	10,424
Total Liabilities & Equity	19,264	16,334	15,035	14,735	15,439
Filing Date Shares Outstanding	924.14	924.65	929.06	935.98	939.27
Total Common Shares Outstanding	924.14	924.65	929.06	936.47	939.27
Total Debt	-	2.77	3.78	5.87	4.34
Net Cash (Debt)	2,884	1,176	1,127	1,651	2,638
Net Cash Growth	145.22%	4.37%	-31.76%	-37.42%	-1.91%
Net Cash Per Share	3.12	1.27	1.21	1.76	2.80
Book Value Per Share	14.79	12.63	11.57	11.63	11.10
Tangible Book Value	13,666	11,678	10,749	10,895	10,424
Tangible Book Value Per Share	14.79	12.63	11.57	11.63	11.10
Land	-	260.93	260.93	260.93	260.93
Machinery	-	127.55	116.05	103.12	95.57

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