Sunshine Insurance Group Company Limited (HKG:6963)

HKG:6963 Balance Sheet

Financials in millions CNY. 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	311,971	260,618	205,363	199,739	160,453
Investments in Equity & Preferred Securities	58,479	42,307	102,859	103,841	82,659
Policy Loans	-	-	-	10,464	-
Other Investments	17,628	22,610	39,722	41,004	29,776
Total Investments	525,657	460,210	380,838	367,209	306,318
Cash & Equivalents	6,706	13,660	28,980	6,679	10,988
Reinsurance Recoverable	5,259	5,150	4,276	5,913	4,917
Other Receivables	815	3,118	7,121	22,274	20,593
Separate Account Assets	-	-	-	322	321
Property, Plant & Equipment	21,352	22,290	21,989	21,604	22,690
Other Intangible Assets	-	181	107	52	37
Restricted Cash	6,506	906	1,498	2,230	1,552
Other Current Assets	-	247	395	466	3,072
Long-Term Deferred Tax Assets	776	1,260	2,548	864	169
Other Long-Term Assets	14,719	6,664	5,817	14,010	35,837
Total Assets	581,790	513,686	453,569	441,623	406,494
Accrued Expenses	-	2,494	2,672	5,119	5,651
Insurance & Annuity Liabilities	457,316	385,377	347,093	207,650	243,477
Unpaid Claims	-	-	-	13,809	11,122
Unearned Premiums	663	569	2,375	28,783	26,609
Reinsurance Payable	23	24	37	2,084	2,072
Short-Term Debt	22,939	29,662	17,480	17,056	36,975
Current Income Taxes Payable	982	637	1,036	181	340
Long-Term Debt	19,507	21,844	12,125	12,923	16,509
Long-Term Leases	594	650	782	922	987
Long-Term Deferred Tax Liabilities	1,492	101	61	192	781
Other Current Liabilities	12,785	693	578	661	3,856
Other Long-Term Liabilities	2,076	7,001	8,405	92,418	537
Total Liabilities	518,377	451,897	394,216	382,407	349,547
Common Stock	11,502	11,502	11,502	10,351	10,351
Additional Paid-In Capital	-	-	-	-	21,710
Retained Earnings	36,013	31,837	24,418	23,496	18,852
Comprehensive Income & Other	14,567	17,107	22,155	24,161	4,883
Total Common Equity	62,082	60,446	58,075	58,008	55,796
Minority Interest	1,331	1,343	1,278	1,208	1,151
Shareholders' Equity	63,413	61,789	59,353	59,216	56,947
Total Liabilities & Equity	581,790	513,686	453,569	441,623	406,494
Filing Date Shares Outstanding	11,502	11,502	11,502	10,351	10,351
Total Common Shares Outstanding	11,502	11,502	11,502	10,351	10,351
Total Debt	43,040	52,156	30,387	30,901	54,471
Net Cash (Debt)	-36,334	-38,496	-1,407	-24,222	-43,483
Net Cash Per Share	-3.16	-3.35	-0.14	-2.34	-4.20
Book Value Per Share	5.40	5.26	5.05	5.60	5.39
Tangible Book Value	62,082	60,265	57,968	57,956	55,759
Tangible Book Value Per Share	5.40	5.24	5.04	5.60	5.39
Land	-	17,493	16,406	14,894	12,241
Machinery	-	1,962	2,120	2,111	2,099
Construction In Progress	-	4,078	3,751	4,077	7,262

Updated Sep 25, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.