PVI Holdings 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
Investments in Debt Securities	2,494,229	2,462,180	3,153,238	1,326,434	1,700,370	968,003
Investments in Equity & Preferred Securities	13,403	13,272	7,402	24,251	27,876	29,430
Other Investments	14,810,634	12,655,897	11,091,167	9,983,735	7,456,419	8,784,936
Total Investments	19,549,767	17,549,350	15,251,435	12,865,872	11,636,362	11,748,895
Cash & Equivalents	933,825	1,012,811	388,793	877,163	1,423,600	1,015,036
Reinsurance Recoverable	20,187,443	23,084,478	13,623,302	10,683,265	10,782,380	9,570,637
Other Receivables	1,218,411	1,123,690	1,253,497	1,335,579	1,065,799	915,216
Property, Plant & Equipment	322,643	326,294	271,598	284,792	273,720	287,622
Other Intangible Assets	48,583	49,549	58,300	69,315	85,856	43,628
Other Current Assets	1,624,228	1,244,738	823,361	694,536	717,929	567,538
Long-Term Deferred Tax Assets	26,707	10,975	18,748	16,086	13,801	42,931
Other Long-Term Assets	129,187	110,252	105,989	116,070	124,146	90,600
Total Assets	44,040,794	44,512,137	31,795,023	26,942,679	26,123,593	24,282,101
Accounts Payable	1,655,211	927,412	120,043	31,290	586,937	509,075
Accrued Expenses	770,370	787,039	487,117	638,711	452,127	573,660
Insurance & Annuity Liabilities	982,486	1,329,879	1,381,488	909,193	1,063,749	952,749
Unpaid Claims	16,749,333	18,126,642	9,579,220	8,142,854	8,313,790	7,643,687
Unearned Premiums	9,893,675	10,908,937	8,655,590	6,244,504	5,327,067	4,568,621
Reinsurance Payable	3,318,537	3,178,483	2,949,884	2,671,372	2,285,908	1,730,742
Short-Term Debt	1,445,362	539,405	200,000	-	28,998	224,192
Current Income Taxes Payable	17,060	67,254	69,226	90,229	71,848	52,183
Other Current Liabilities	102,870	76,741	120,690	76,991	100,851	158,056
Other Long-Term Liabilities	36,059	36,437	37,308	38,158	33,292	29,172
Total Liabilities	34,970,964	35,978,229	23,600,567	18,843,303	18,264,565	16,442,138
Common Stock	2,342,419	2,342,419	2,342,419	2,342,419	2,342,419	2,342,419
Additional Paid-In Capital	3,716,659	3,716,659	3,716,659	3,716,659	3,716,659	3,716,659
Retained Earnings	2,167,206	1,675,154	1,378,716	1,352,844	1,223,544	1,242,873
Comprehensive Income & Other	476,370	449,749	397,073	357,168	320,408	286,840
Total Common Equity	8,702,654	8,183,980	7,834,867	7,769,090	7,603,029	7,588,791
Minority Interest	367,177	349,928	359,589	330,287	256,000	251,173
Shareholders' Equity	9,069,831	8,533,908	8,194,456	8,099,376	7,859,028	7,839,963
Total Liabilities & Equity	44,040,794	44,512,137	31,795,023	26,942,679	26,123,593	24,282,101
Filing Date Shares Outstanding	234.24	234.24	234.24	234.24	234.24	234.24
Total Common Shares Outstanding	234.24	234.24	234.24	234.24	234.24	234.24
Total Debt	1,445,362	539,405	200,000	-	28,998	224,192
Net Cash (Debt)	-511,537	473,407	188,793	877,163	1,394,602	790,843
Net Cash Growth	-	150.75%	-78.48%	-37.10%	76.34%	-30.85%
Net Cash Per Share	-2183.80	2021.02	805.97	3744.69	5953.68	3505.44
Book Value Per Share	37152.43	34938.16	33447.77	33166.96	32458.03	32397.24
Tangible Book Value	8,654,071	8,134,431	7,776,567	7,699,774	7,517,173	7,545,163
Tangible Book Value Per Share	36945.02	34726.63	33198.88	32871.04	32091.50	32210.99
Buildings	397,413	394,116	290,804	290,804	291,236	291,193
Machinery	329,614	329,209	328,733	338,564	297,865	285,418
Construction In Progress	203.39	481.28	203.39	-	-	381.13

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