Hanoi Reinsurance JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Investments	4,282,194	3,970,615	3,172,822	2,793,641	2,103,018	1,963,544
Total Investments	4,282,194	3,970,615	3,172,822	2,793,641	2,103,018	1,963,544
Cash & Equivalents	88,636	37,455	8,679	21,145	13,013	37,996
Reinsurance Recoverable	2,224,510	2,226,002	2,434,398	2,166,381	2,328,532	2,375,597
Other Receivables	884,114	777,089	669,539	551,010	493,970	417,008
Property, Plant & Equipment	1,430	1,583	2,132	2,598	3,398	353.43
Other Intangible Assets	135.52	171.75	368.46	764.14	845.95	325.64
Restricted Cash	-	-	-	-	588,487	-
Other Current Assets	447,979	412,891	377,128	309,226	371,883	203,296
Other Long-Term Assets	35,304	35,718	37,242	38,765	38,433	30,048
Total Assets	7,964,303	7,461,525	6,702,307	5,883,530	5,941,579	5,028,168
Accounts Payable	74,167	39,945	40,418	41,516	29,553	35,726
Accrued Expenses	20,667	50,871	14,969	33,443	23,999	30,406
Insurance & Annuity Liabilities	243,102	230,399	205,622	248,533	214,736	177,032
Unpaid Claims	2,864,262	2,808,577	2,962,618	2,231,116	2,429,115	2,694,518
Unearned Premiums	1,681,651	1,615,926	1,284,655	1,233,129	1,187,086	796,219
Reinsurance Payable	793,018	635,638	453,793	360,242	393,700	284,044
Short-Term Debt	342,466	242,004	-	-	-	-
Current Income Taxes Payable	20,160	19,354	17,489	22,048	15,137	13,776
Other Current Liabilities	13,652	5,360	9,056	5,236	596,576	5,115
Total Liabilities	6,216,850	5,794,806	5,091,050	4,289,947	5,017,846	4,133,326
Common Stock	1,044,000	1,044,000	1,044,000	1,044,000	728,000	728,000
Additional Paid-In Capital	329,328	329,328	329,328	329,328	-	-
Retained Earnings	374,125	293,391	237,929	220,255	195,734	166,842
Shareholders' Equity	1,747,453	1,666,719	1,611,257	1,593,583	923,734	894,842
Total Liabilities & Equity	7,964,303	7,461,525	6,702,307	5,883,530	5,941,579	5,028,168
Filing Date Shares Outstanding	104.4	104.4	104.4	104.4	72.8	53.84
Total Common Shares Outstanding	104.4	104.4	104.4	104.4	72.8	53.84
Total Debt	342,466	242,004	-	-	-	-
Net Cash (Debt)	-253,829	-204,549	8,679	21,145	13,013	37,996
Net Cash Growth	-	-	-58.96%	62.50%	-65.75%	-30.52%
Net Cash Per Share	-2431.32	-1959.28	83.13	242.81	178.74	521.92
Book Value Per Share	16738.06	15964.74	15433.50	15264.21	12688.65	16620.44
Tangible Book Value	1,747,318	1,666,547	1,610,889	1,592,819	922,888	894,517
Tangible Book Value Per Share	16736.76	15963.10	15429.97	15256.89	12677.03	16614.39
Machinery	10,264	10,264	10,060	9,749	9,749	6,300

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.