China Taiping Insurance Holdings Company Limited (HKG: 0966)

China Taiping Insurance Holdings Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	862,075	738,287	637,978	690,821	582,058	451,832
Investments in Equity & Preferred Securities	74,469	53,010	60,017	168,142	160,858	97,738
Policy Loans	-	-	-	87,247	74,049	60,035
Other Investments	57,504	51,284	80,884	121,625	102,931	102,044
Total Investments	1,461,879	1,327,755	1,151,736	1,172,836	997,254	760,230
Cash & Equivalents	46,898	42,554	42,472	39,946	31,306	27,818
Reinsurance Recoverable	10,692	11,295	10,718	13,333	14,340	12,335
Other Receivables	55,587	57,140	49,577	85,390	73,786	71,536
Separate Account Assets	-	-	-	1,603	1,444	1,084
Property, Plant & Equipment	40,717	41,517	41,232	41,156	31,296	27,917
Goodwill	353.3	353.66	719.25	723.95	722.37	719.11
Other Intangible Assets	261.41	261.41	261.41	261.41	261.41	261.98
Restricted Cash	5,883	6,127	6,113	5,544	6,318	5,352
Other Current Assets	5,457	5,454	5,326	8,206	8,878	7,570
Long-Term Deferred Tax Assets	6,561	11,550	7,850	5,503	2,240	1,642
Other Long-Term Assets	6,065	5,492	5,585	4,139	1,162	2,956
Total Assets	1,640,355	1,509,497	1,321,590	1,378,642	1,169,008	919,420
Accrued Expenses	-	-	-	8,650	7,804	6,319
Insurance & Annuity Liabilities	1,284,798	1,196,541	1,041,941	901,151	719,760	547,656
Unpaid Claims	40,235	-	-	30,678	25,467	22,068
Unearned Premiums	-	-	-	76,988	70,589	55,217
Reinsurance Payable	141.27	133.74	508.01	-	-	-
Current Portion of Long-Term Debt	52,016	50,547	30,639	58,058	31,979	33,020
Current Portion of Leases	-	565.32	830.96	966.74	1,006	984.88
Short-Term Debt	40,574	29,333	27,194	19,393	38,616	34,413
Current Income Taxes Payable	803.13	1,059	1,370	1,472	1,307	1,029
Long-Term Debt	29,710	49,237	57,444	34,885	27,015	27,400
Long-Term Leases	1,674	1,081	962.16	1,264	1,271	1,463
Long-Term Deferred Tax Liabilities	1,950	1,964	1,951	1,818	5,533	3,680
Separate Account Liability	-	-	-	1,603	1,444	1,084
Other Current Liabilities	38,531	40,410	43,516	43,183	44,839	35,765
Other Long-Term Liabilities	17,601	6,031	5,437	85,076	75,766	55,263
Total Liabilities	1,508,033	1,376,902	1,211,793	1,265,186	1,052,395	825,363
Common Stock	40,771	40,771	40,771	40,771	40,771	40,771
Retained Earnings	88,809	84,340	80,539	56,479	50,403	46,240
Comprehensive Income & Other	-34,935	-30,132	-37,373	-9,184	-527.34	-10,703
Total Common Equity	94,645	94,980	83,937	88,067	90,647	76,308
Minority Interest	37,677	37,616	25,860	25,389	25,966	17,749
Shareholders' Equity	132,322	132,596	109,797	113,456	116,613	94,057
Total Liabilities & Equity	1,640,355	1,509,497	1,321,590	1,378,642	1,169,008	919,420
Filing Date Shares Outstanding	3,594	3,594	3,594	3,594	3,594	3,594
Total Common Shares Outstanding	3,594	3,594	3,594	3,594	3,594	3,594
Total Debt	123,974	130,763	117,070	114,566	99,886	97,281
Net Cash (Debt)	-77,076	-88,209	-74,598	-74,620	-68,580	-69,463
Net Cash Per Share	-21.45	-24.54	-20.76	-20.76	-19.08	-19.33
Book Value Per Share	21.88	21.98	23.35	24.50	25.22	21.23
Tangible Book Value	94,030	94,365	82,957	87,081	89,664	75,327
Tangible Book Value Per Share	21.71	21.81	23.08	24.23	24.95	20.96
Land	-	23,300	22,207	23,210	14,856	13,414
Machinery	-	9,594	9,012	8,823	7,640	6,010
Construction In Progress	-	2,158	2,190	1,161	900.88	174.29

Source: S&P Capital IQ. Insurance template. Financial Sources.