Shaheen Insurance Company Limited (PSX:SHNI)

Shaheen Insurance Company Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	172.4	224.34	283.74	-	-	87.18
Investments in Equity & Preferred Securities	-	0.71	0.32	114.74	164.04	66.78
Other Investments	25.77	35.55	33.68	30.1	27.19	-
Total Investments	489.26	580.38	875.55	312.17	358.48	309.21
Cash & Equivalents	738.13	251.46	281.49	722.76	477.82	396.63
Reinsurance Recoverable	766.99	459.26	397.81	228.73	146.98	72.45
Other Receivables	76.96	125.93	74.77	49.16	38.03	91.21
Property, Plant & Equipment	131.54	148.59	115.79	76.26	55.78	39.93
Other Intangible Assets	0.55	0.61	0.5	-	-	-
Other Current Assets	450.18	907.14	100.16	57.19	28.13	30.51
Long-Term Deferred Tax Assets	11.1	9.2	-	-	-	-
Long-Term Deferred Charges	88.07	69.34	93.44	42.57	29.15	15.51
Other Long-Term Assets	97.04	364.44	244.56	131.79	103.07	138.36
Total Assets	2,850	2,916	2,184	1,621	1,237	1,094

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	216.25	201	178.88	154.98	109.57	102.08
Insurance & Annuity Liabilities	20.12	0.34	0.34	0.34	0.34	0.34
Unpaid Claims	268.89	253.24	196.68	207.56	128.96	85.85
Unearned Premiums	324.21	440.31	478.59	263.29	160.17	99.52
Reinsurance Payable	108.18	102.71	55.43	32.3	54.77	64.97
Current Portion of Leases	15.37	20.33	7.14	6.83	6.83	6.81
Current Income Taxes Payable	25.72	13.18	29.29	22.94	-	0.12
Long-Term Leases	25.55	29.25	9.25	12.58	12.48	19.65
Long-Term Deferred Tax Liabilities	-	0.39	-	-	-	-
Other Current Liabilities	9.36	8.53	6.88	5.43	6.9	6.2
Other Long-Term Liabilities	485.12	666.15	195.57	57.76	17.88	17.33
Total Liabilities	1,597	1,769	1,176	776.02	505.51	406.52

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,048	806.25	645	600	600	600
Retained Earnings	205.14	340.72	349.64	244.37	128.06	74.69
Comprehensive Income & Other	-	0.15	13.06	0.24	3.86	12.6
Shareholders' Equity	1,253	1,147	1,008	844.61	731.93	687.29
Total Liabilities & Equity	2,850	2,916	2,184	1,621	1,237	1,094

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	104.81	104.81	104.81	104.81	104.81	104.81
Total Common Shares Outstanding	104.81	104.81	104.81	104.81	104.81	104.81
Total Debt	40.92	49.57	16.39	19.42	19.32	26.46
Net Cash (Debt)	697.21	201.89	265.1	703.34	458.5	370.17
Net Cash Growth	202.76%	-23.85%	-62.31%	53.40%	23.86%	-1.04%
Net Cash Per Share	6.65	1.93	2.53	6.71	4.37	3.53
Book Value Per Share	11.96	10.94	9.61	8.06	6.98	6.56
Tangible Book Value	1,253	1,147	1,007	844.61	731.93	687.29
Tangible Book Value Per Share	11.95	10.94	9.61	8.06	6.98	6.56
Machinery	-	209.95	188	142.2	106.77	86.37
Construction In Progress	-	1.55	1.37	0.16	6.53	2.2
Leasehold Improvements	-	2.54	2.66	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 5, 2026

Data Sources Report a data error