HKG:0966 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	1,120,687	940,947	738,287	637,978	690,821
Investments in Equity & Preferred Securities	90,313	80,315	53,010	60,017	168,142
Policy Loans	-	-	-	-	87,247
Other Investments	76,558	62,672	51,284	80,884	121,625
Total Investments	1,787,775	1,556,737	1,327,755	1,151,736	1,172,836
Cash & Equivalents	54,360	44,389	42,554	42,472	39,946
Reinsurance Recoverable	13,515	10,794	11,295	10,718	13,333
Other Receivables	45,098	48,388	57,140	49,577	85,390
Separate Account Assets	-	-	-	-	1,603
Property, Plant & Equipment	44,829	46,135	41,517	41,232	41,156
Goodwill	353.82	352.59	353.66	719.25	723.95
Other Intangible Assets	264.13	261.41	261.41	261.41	261.41
Restricted Cash	6,528	6,431	6,127	6,113	5,544
Other Current Assets	14,947	6,793	5,454	5,326	8,206
Long-Term Deferred Tax Assets	14,513	8,495	11,550	7,850	5,503
Other Long-Term Assets	4,403	5,567	5,492	5,585	4,139
Total Assets	1,986,587	1,734,342	1,509,497	1,321,590	1,378,642
Accrued Expenses	-	-	-	-	8,650
Insurance & Annuity Liabilities	1,532,467	1,394,886	1,178,676	1,041,941	901,151
Unpaid Claims	23,122	18,525	17,865	-	30,678
Unearned Premiums	-	-	-	-	76,988
Reinsurance Payable	169.07	93.08	133.74	508.01	-
Current Portion of Long-Term Debt	46,461	57,280	51,240	30,639	58,058
Current Portion of Leases	618.06	706.84	771.97	830.96	966.74
Short-Term Debt	106,749	46,705	29,333	27,194	19,393
Current Income Taxes Payable	640.86	577.96	1,059	1,370	1,472
Long-Term Debt	31,234	23,406	48,544	57,444	34,885
Long-Term Leases	624.89	731.06	874.71	962.16	1,264
Long-Term Deferred Tax Liabilities	1,836	1,871	1,964	1,951	1,818
Separate Account Liability	-	-	-	-	1,603
Other Current Liabilities	23,483	17,359	2,598	43,516	43,183
Other Long-Term Liabilities	54,387	49,794	43,842	5,437	85,076
Total Liabilities	1,821,794	1,611,935	1,376,902	1,211,793	1,265,186
Common Stock	40,771	40,771	40,771	40,771	40,771
Retained Earnings	115,894	90,836	84,340	80,539	56,479
Comprehensive Income & Other	-45,523	-44,536	-30,132	-37,373	-9,184
Total Common Equity	111,142	87,071	94,980	83,937	88,067
Minority Interest	53,651	35,337	37,616	25,860	25,389
Shareholders' Equity	164,793	122,407	132,596	109,797	113,456
Total Liabilities & Equity	1,986,587	1,734,342	1,509,497	1,321,590	1,378,642
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	185,688	128,829	130,763	117,070	114,566
Net Cash (Debt)	-131,328	-84,440	-88,209	-74,598	-74,620
Net Cash Per Share	-36.54	-23.49	-24.54	-20.76	-20.76
Book Value Per Share	26.48	19.78	21.98	23.35	24.50
Tangible Book Value	110,524	86,457	94,365	82,957	87,081
Tangible Book Value Per Share	26.30	19.61	21.81	23.08	24.23
Land	25,014	24,660	23,300	22,207	23,210
Machinery	10,927	10,059	9,594	9,012	8,823
Construction In Progress	637.71	1,786	2,158	2,190	1,161

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.