Hanoi Reinsurance JSC (HNX:PRE)

Hanoi Reinsurance JSC Income Statement

Financials in millions VND. 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
Premiums & Annuity Revenue	1,102,292	1,128,502	925,549	609,814	507,667
Total Interest & Dividend Income	237,754	223,444	152,614	131,580	132,844
Other Revenue	259,273	279,191	273,879	241,168	265,062
Total Revenue	1,599,319	1,631,138	1,352,042	982,562	905,573
Revenue Growth (YoY)	-1.95%	20.64%	37.60%	8.50%	11.16%
Policy Benefits	533,432	532,683	442,024	267,379	244,280
Policy Acquisition & Underwriting Costs	651,116	671,125	588,279	414,737	381,840
Depreciation & Amortization	1,054	1,147	589.01	1,175	2,093
Selling, General & Administrative	15,864	13,377	11,024	10,096	7,225
Other Operating Expenses	112,136	102,395	93,982	78,869	58,282
Total Operating Expenses	1,338,412	1,345,044	1,153,958	797,236	713,951
Operating Income	260,907	286,094	198,085	185,326	191,622
Interest Expense	-6,509	-9,641	-2,755	-	-
Currency Exchange Gain (Loss)	-145.54	1,523	2,102	4,252	-1,861
Other Non Operating Income (Expenses)	-14,053	-21,576	-7,151	-6,979	-8,900
Pretax Income	240,200	256,399	190,281	182,599	180,861
Income Tax Expense	49,675	54,238	37,620	36,819	34,711
Net Income	190,525	202,162	152,661	145,781	146,150
Preferred Dividends & Other Adjustments	6,668	7,076	6,564	11,662	17,830
Net Income to Common	183,856	195,086	146,096	134,118	128,320
Net Income Growth	-5.76%	32.43%	4.72%	-0.25%	3.91%
Shares Outstanding (Basic)	104	87	73	73	73
Shares Outstanding (Diluted)	104	87	73	73	73
Shares Change (YoY)	19.88%	19.62%	-	-	-
EPS (Basic)	1761.08	2240.18	2006.82	1842.28	1762.64
EPS (Diluted)	1761.08	2240.18	2006.82	1842.28	1762.64
EPS Growth	-21.39%	11.63%	8.93%	4.52%	0.77%
Free Cash Flow	333,860	58,137	54,931	223,918	185,380
Free Cash Flow Per Share	3197.89	667.59	754.54	3075.80	2546.43
Dividend Per Share	-	1600.000	1400.000	-	1400.000
Dividend Growth	-	14.29%	-	-	-12.50%
Operating Margin	16.31%	17.54%	14.65%	18.86%	21.16%
Profit Margin	11.50%	11.96%	10.81%	13.65%	14.17%
Free Cash Flow Margin	20.88%	3.56%	4.06%	22.79%	20.47%
EBITDA	261,684	287,241	198,674	187,737	194,034
EBITDA Margin	16.36%	17.61%	14.69%	19.11%	21.43%
D&A For EBITDA	777.14	1,147	589.01	2,411	2,411
EBIT	260,907	286,094	198,085	185,326	191,622
EBIT Margin	16.31%	17.54%	14.65%	18.86%	21.16%
Effective Tax Rate	20.68%	21.15%	19.77%	20.16%	19.19%
Revenue as Reported	-	-	-	-	772,729

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.