Sunshine Insurance Group Company Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Investments in Debt Securities	327,558	260,618	226,832	199,739	160,453	106,056
Investments in Equity & Preferred Securities	9,957	42,307	108,765	103,841	82,659	80,805
Policy Loans	-	-	11,077	10,464	-	-
Other Investments	13,062	22,717	18,233	41,004	29,776	18,388
Total Investments	486,237	451,009	385,362	367,209	306,318	237,596
Cash & Equivalents	12,262	13,553	28,979	6,679	10,988	6,803
Reinsurance Recoverable	-	4,794	7,179	5,913	4,917	4,543
Other Receivables	5,826	1,111	22,378	22,274	20,593	20,733
Separate Account Assets	-	-	297	322	321	392
Property, Plant & Equipment	22,039	22,290	21,989	21,604	22,690	21,221
Other Intangible Assets	-	-	107	52	37	29
Restricted Cash	6,456	5,882	1,498	2,230	1,552	1,460
Other Current Assets	-	-	468	466	3,072	958
Long-Term Deferred Tax Assets	936	1,260	2,501	864	169	483
Other Long-Term Assets	14,930	13,787	14,599	14,010	35,837	38,340
Total Assets	548,686	513,686	485,357	441,623	406,494	332,558
Accrued Expenses	-	-	5,122	5,119	5,651	5,415
Insurance & Annuity Liabilities	424,517	385,377	238,546	207,650	243,477	196,758
Unpaid Claims	-	-	14,259	13,809	11,122	9,857
Unearned Premiums	459	569	27,991	28,783	26,609	26,439
Reinsurance Payable	26	24	3,314	2,084	2,072	2,011
Short-Term Debt	22,424	29,662	17,419	17,056	36,975	17,562
Current Income Taxes Payable	737	637	209	181	340	413
Long-Term Debt	19,594	19,414	12,125	12,923	16,509	16,945
Long-Term Leases	569	650	782	922	987	983
Long-Term Deferred Tax Liabilities	1,800	101	61	192	781	560
Other Current Liabilities	14,132	11,683	578	661	3,856	3,373
Other Long-Term Liabilities	2,889	3,780	102,338	92,418	537	381
Total Liabilities	487,147	451,897	423,338	382,407	349,547	281,415
Common Stock	11,502	11,502	11,502	10,351	10,351	10,351
Additional Paid-In Capital	-	-	-	-	21,710	21,595
Retained Earnings	33,096	31,837	26,820	23,496	18,852	14,164
Comprensive Income & Other	15,635	17,107	22,419	24,161	4,883	3,859
Total Common Equity	60,233	60,446	60,741	58,008	55,796	49,969
Minority Interest	1,306	1,343	1,278	1,208	1,151	1,174
Shareholders' Equity	61,539	61,789	62,019	59,216	56,947	51,143
Total Liabilities & Equity	548,686	513,686	485,357	441,623	406,494	332,558
Filing Date Shares Outstanding	11,502	11,502	11,502	10,351	10,351	10,351
Total Common Shares Outstanding	11,502	11,502	11,502	10,351	10,351	10,351
Total Debt	42,587	49,726	30,326	30,901	54,471	35,490
Net Cash (Debt)	-30,325	-36,173	-1,347	-24,222	-43,483	-28,687
Net Cash Per Share	-2.64	-3.14	-0.13	-2.34	-4.20	-2.77
Book Value Per Share	5.24	5.26	5.28	5.60	5.39	4.83
Tangible Book Value	60,233	60,446	60,634	57,956	55,759	49,940
Tangible Book Value Per Share	5.24	5.26	5.27	5.60	5.39	4.82
Land	-	-	16,406	14,894	12,241	10,595
Machinery	-	-	2,120	2,111	2,099	2,046
Construction In Progress	-	-	3,751	4,077	7,262	7,084

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