Asia Financial 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	1,549	1,475	1,170	1,061	997.54	923.74
Investments in Equity & Preferred Securities	6,652	6,882	6,360	6,829	6,783	7,794
Other Investments	-	1,344	1,755	1,072	230.95	102.76
Total Investments	11,438	12,633	11,556	11,001	9,954	10,420
Cash & Equivalents	2,667	1,179	1,131	1,657	2,643	2,697
Reinsurance Recoverable	1,432	1,225	1,256	1,000	1,707	1,673
Other Receivables	259.8	658.23	455.02	466.32	524.62	499.05
Property, Plant & Equipment	185.01	182.89	185.59	187.25	188.7	194.23
Other Current Assets	494.14	344.35	341.44	295.81	295.81	313.36
Other Long-Term Assets	255.41	111.54	110.61	126.95	126.67	119.03
Total Assets	16,732	16,334	15,035	14,735	15,439	15,916
Accrued Expenses	4.22	311.37	493.18	309.78	328.16	301.02
Insurance & Annuity Liabilities	4,227	3,891	3,492	3,220	285.82	242.45
Unpaid Claims	-	-	-	-	2,953	2,811
Unearned Premiums	-	-	-	-	1,169	1,051
Current Portion of Leases	-	-	-	3.62	1.84	1.25
Short-Term Debt	-	-	-	-	-	4.22
Current Income Taxes Payable	274.24	242.85	54.73	33.75	33.28	69.64
Long-Term Leases	-	2.77	3.78	2.25	2.51	2.29
Long-Term Deferred Tax Liabilities	218.09	207.5	243.31	269.8	241.74	373.82
Other Current Liabilities	0.04	0.04	0.04	-	-	-
Total Liabilities	4,990	4,656	4,287	3,839	5,015	4,857
Common Stock	924.37	924.75	929.3	936.59	939.97	946.62
Additional Paid-In Capital	-	560.53	560.53	560.53	560.53	560.53
Retained Earnings	60.07	6,698	6,166	5,920	5,553	4,761
Treasury Stock	-	-0.39	-0.8	-0.41	-2.5	-1.72
Comprehensive Income & Other	10,757	3,495	3,094	3,479	3,372	4,738
Total Common Equity	11,742	11,678	10,749	10,895	10,424	11,004
Minority Interest	-	-	-	-	-	54.88
Shareholders' Equity	11,742	11,678	10,749	10,895	10,424	11,059
Total Liabilities & Equity	16,732	16,334	15,035	14,735	15,439	15,916
Filing Date Shares Outstanding	924.14	924.65	929.06	935.98	939.27	942.42
Total Common Shares Outstanding	924.14	924.65	929.06	936.47	939.27	946.15
Total Debt	-	2.77	3.78	5.87	4.34	7.76
Net Cash (Debt)	2,667	1,176	1,127	1,651	2,638	2,690
Net Cash Growth	170.72%	4.37%	-31.76%	-37.42%	-1.91%	-16.46%
Net Cash Per Share	2.88	1.27	1.21	1.76	2.80	2.82
Book Value Per Share	12.71	12.63	11.57	11.63	11.10	11.63
Tangible Book Value	11,742	11,678	10,749	10,895	10,424	11,004
Tangible Book Value Per Share	12.71	12.63	11.57	11.63	11.10	11.63
Land	-	260.93	260.93	260.93	260.93	260.93
Machinery	-	127.55	116.05	103.12	95.57	91.39

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