Military Insurance Corporation (HOSE:MIG)

Military Insurance Balance Sheet

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Jan 1, 2024
Total Investments	4,263,000	3,872,022
Cash & Equivalents	329,566	181,584
Reinsurance Recoverable	2,727,096	2,177,517
Other Receivables	191,971	285,823
Property, Plant & Equipment	469,443	419,371
Other Intangible Assets	54,761	37,587
Other Current Assets	1,769,016	1,813,002
Other Long-Term Assets	30,094	32,259
Total Assets	9,834,946	8,819,165
Accrued Expenses	179,729	205,085
Insurance & Annuity Liabilities	444,722	526,842
Unearned Premiums	3,259,236	2,943,318
Reinsurance Payable	26,757	29,286
Current Income Taxes Payable	34,600	34,686
Long-Term Deferred Tax Liabilities	58.98	300.06
Other Current Liabilities	2,366,839	1,692,919
Other Long-Term Liabilities	27,974	27,974
Total Liabilities	7,704,687	6,737,906
Common Stock	1,726,725	1,726,725
Retained Earnings	403,535	354,534
Shareholders' Equity	2,130,260	2,081,259
Total Liabilities & Equity	9,834,946	8,819,165
Filing Date Shares Outstanding	172.67	184.11
Total Common Shares Outstanding	172.67	184.11
Net Cash (Debt)	329,566	181,584
Net Cash Growth	81.49%	-
Net Cash Per Share	1790.01	986.26
Book Value Per Share	12336.99	11304.18
Tangible Book Value	2,075,499	2,043,672
Tangible Book Value Per Share	12019.86	11100.03
Buildings	57,040	57,040
Machinery	80,486	34,114
Construction In Progress	385,512	372,908

Updated Jan 17, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.