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	1,708,761	1,102,292	1,128,502	925,549	609,814
Total Interest & Dividend Income	295,806	237,754	223,444	152,614	131,580
Other Revenue	-	259,273	279,191	273,879	241,168
Total Revenue	2,004,566	1,599,319	1,631,138	1,352,042	982,562
Revenue Growth (YoY)	25.34%	-1.95%	20.64%	37.60%	8.50%
Policy Benefits	1,590,388	533,432	532,683	442,024	267,379
Policy Acquisition & Underwriting Costs	-	651,116	671,125	588,279	414,737
Depreciation & Amortization	-	1,054	1,147	589.01	1,175
Selling, General & Administrative	41,458	15,864	13,377	11,024	10,096
Other Operating Expenses	544.42	112,136	102,395	93,982	78,869
Total Operating Expenses	1,632,391	1,338,412	1,345,044	1,153,958	797,236
Operating Income	372,176	260,907	286,094	198,085	185,326
Interest Expense	-74,529	-6,509	-9,641	-2,755	-
Currency Exchange Gain (Loss)	-	-145.54	1,523	2,102	4,252
Other Non Operating Income (Expenses)	-	-14,053	-21,576	-7,151	-6,979
Pretax Income	297,647	240,200	256,399	190,281	182,599
Income Tax Expense	61,409	49,675	54,238	37,620	36,819
Net Income	236,238	190,525	202,162	152,661	145,781
Preferred Dividends & Other Adjustments	8,268	6,668	7,076	6,564	11,662
Net Income to Common	227,969	183,856	195,086	146,096	134,118
Net Income Growth	23.99%	-5.76%	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)	2183.61	1761.08	2240.18	2006.82	1842.28
EPS (Diluted)	2183.61	1761.08	2240.18	2006.82	1842.28
EPS Growth	23.99%	-21.39%	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	18.57%	16.31%	17.54%	14.65%	18.86%
Profit Margin	11.37%	11.50%	11.96%	10.81%	13.65%
Free Cash Flow Margin	23.97%	20.88%	3.56%	4.06%	22.79%
EBITDA	372,929	261,684	287,241	198,674	187,737
EBITDA Margin	18.60%	16.36%	17.61%	14.69%	19.11%
D&A For EBITDA	753.22	777.14	1,147	589.01	2,411
EBIT	372,176	260,907	286,094	198,085	185,326
EBIT Margin	18.57%	16.31%	17.54%	14.65%	18.86%
Effective Tax Rate	20.63%	20.68%	21.15%	19.77%	20.16%

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