Hanoi Reinsurance JSC (HNX:PRE)

Hanoi Reinsurance JSC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	1,421,070	1,102,292	1,128,502	925,549	609,814
Total Interest & Dividend Income	261,936	237,754	223,444	152,614	131,580
Other Revenue	287,690	259,273	279,191	273,879	241,168
Total Revenue	1,970,696	1,599,319	1,631,138	1,352,042	982,562
Revenue Growth (YoY)	23.22%	-1.95%	20.64%	37.60%	8.50%
Policy Benefits	733,170	532,772	532,683	442,024	267,379
Policy Acquisition & Underwriting Costs	749,048	651,116	671,125	588,279	414,737
Depreciation & Amortization	-	-	1,147	589.01	1,175
Selling, General & Administrative	15,753	17,896	13,377	11,024	10,096
Other Operating Expenses	108,859	116,427	102,395	93,982	78,869
Total Operating Expenses	1,629,516	1,345,776	1,345,044	1,153,958	797,236
Operating Income	341,181	253,543	286,094	198,085	185,326
Interest Expense	-10,366	-6,509	-9,641	-2,755	-
Currency Exchange Gain (Loss)	-3,658	-145.54	1,523	2,102	4,252
Other Non Operating Income (Expenses)	-25,723	-4,994	-21,576	-7,151	-6,979
Pretax Income	301,434	241,894	256,399	190,281	182,599
Income Tax Expense	61,824	50,105	54,238	37,620	36,819
Net Income	239,610	191,790	202,162	152,661	145,781
Preferred Dividends & Other Adjustments	8,386	6,668	7,076	6,564	11,662
Net Income to Common	231,224	185,121	195,086	146,096	134,118
Net Income Growth	24.93%	-5.13%	32.43%	4.72%	-0.25%
Shares Outstanding (Basic)	104	104	87	73	73
Shares Outstanding (Diluted)	104	104	87	73	73
Shares Change (YoY)	-	19.88%	19.62%	-	-
EPS (Basic)	2214.78	1773.19	2240.18	2006.82	1842.28
EPS (Diluted)	2214.78	1773.19	2240.18	2006.82	1842.28
EPS Growth	24.90%	-20.85%	11.63%	8.93%	4.52%
Free Cash Flow	480,460	333,860	58,137	54,931	223,918
Free Cash Flow Per Share	4602.10	3197.89	667.59	754.54	3075.80
Dividend Per Share	-	1600.000	1600.000	1400.000	-
Dividend Growth	-	-	14.29%	-	-
Operating Margin	17.31%	15.85%	17.54%	14.65%	18.86%
Profit Margin	11.73%	11.58%	11.96%	10.81%	13.65%
Free Cash Flow Margin	24.38%	20.88%	3.56%	4.06%	22.79%
EBITDA	341,934	254,320	287,241	198,674	187,737
EBITDA Margin	17.35%	15.90%	17.61%	14.69%	19.11%
D&A For EBITDA	753.22	777.14	1,147	589.01	2,411
EBIT	341,181	253,543	286,094	198,085	185,326
EBIT Margin	17.31%	15.85%	17.54%	14.65%	18.86%
Effective Tax Rate	20.51%	20.71%	21.15%	19.77%	20.16%

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