China Taiping Insurance Holdings Company Limited (HKG:0966)

HKG:0966 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	940,947	738,287	637,978	690,821	582,058
Investments in Equity & Preferred Securities	80,315	53,010	60,017	168,142	160,858
Policy Loans	-	-	-	87,247	74,049
Other Investments	62,672	51,284	80,884	121,625	102,931
Total Investments	1,556,737	1,327,755	1,151,736	1,172,836	997,254
Cash & Equivalents	44,389	42,554	42,472	39,946	31,306
Reinsurance Recoverable	10,794	11,295	10,718	13,333	14,340
Other Receivables	48,385	57,140	49,577	85,390	73,786
Separate Account Assets	-	-	-	1,603	1,444
Property, Plant & Equipment	46,135	41,517	41,232	41,156	31,296
Goodwill	352.59	353.66	719.25	723.95	722.37
Other Intangible Assets	261.41	261.41	261.41	261.41	261.41
Restricted Cash	6,431	6,127	6,113	5,544	6,318
Other Current Assets	6,793	5,454	5,326	8,206	8,878
Long-Term Deferred Tax Assets	8,495	11,550	7,850	5,503	2,240
Other Long-Term Assets	5,571	5,492	5,585	4,139	1,162
Total Assets	1,734,342	1,509,497	1,321,590	1,378,642	1,169,008
Accrued Expenses	-	-	-	8,650	7,804
Insurance & Annuity Liabilities	1,394,886	1,196,541	1,041,941	901,151	719,760
Unpaid Claims	18,525	-	-	30,678	25,467
Unearned Premiums	-	-	-	76,988	70,589
Reinsurance Payable	93.08	133.74	508.01	-	-
Current Portion of Long-Term Debt	57,280	50,547	30,639	58,058	31,979
Current Portion of Leases	706.84	565.32	830.96	966.74	1,006
Short-Term Debt	46,705	29,333	27,194	19,393	38,616
Current Income Taxes Payable	577.96	1,059	1,370	1,472	1,307
Long-Term Debt	23,406	49,237	57,444	34,885	27,015
Long-Term Leases	731.06	1,081	962.16	1,264	1,271
Long-Term Deferred Tax Liabilities	1,871	1,964	1,951	1,818	5,533
Separate Account Liability	-	-	-	1,603	1,444
Other Current Liabilities	17,359	40,410	43,516	43,183	44,839
Other Long-Term Liabilities	49,794	6,031	5,437	85,076	75,766
Total Liabilities	1,611,935	1,376,902	1,211,793	1,265,186	1,052,395
Common Stock	40,771	40,771	40,771	40,771	40,771
Retained Earnings	90,836	84,340	80,539	56,479	50,403
Comprehensive Income & Other	-44,536	-30,132	-37,373	-9,184	-527.34
Total Common Equity	87,071	94,980	83,937	88,067	90,647
Minority Interest	35,337	37,616	25,860	25,389	25,966
Shareholders' Equity	122,407	132,596	109,797	113,456	116,613
Total Liabilities & Equity	1,734,342	1,509,497	1,321,590	1,378,642	1,169,008
Filing Date Shares Outstanding	3,594	3,594	3,594	3,594	3,594
Total Common Shares Outstanding	3,594	3,594	3,594	3,594	3,594
Total Debt	128,829	130,763	117,070	114,566	99,886
Net Cash (Debt)	-84,440	-88,209	-74,598	-74,620	-68,580
Net Cash Per Share	-23.49	-24.54	-20.76	-20.76	-19.08
Book Value Per Share	19.78	21.98	23.35	24.50	25.22
Tangible Book Value	86,457	94,365	82,957	87,081	89,664
Tangible Book Value Per Share	19.61	21.81	23.08	24.23	24.95
Land	24,660	23,300	22,207	23,210	14,856
Machinery	10,059	9,594	9,012	8,823	7,640
Construction In Progress	1,786	2,158	2,190	1,161	900.88

Updated Sep 23, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.