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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	473.34	224.34	283.74	-	-	87.18
Investments in Equity & Preferred Securities	344.34	0.71	0.32	114.74	164.04	66.78
Other Investments	50.81	35.55	33.68	30.1	27.19	-
Total Investments	1,046	580.38	875.55	312.17	358.48	309.21
Cash & Equivalents	289.48	251.46	281.49	722.76	477.82	396.63
Reinsurance Recoverable	23.29	459.26	397.81	228.73	146.98	72.45
Other Receivables	665.85	125.93	74.77	49.16	38.03	91.21
Property, Plant & Equipment	117.74	148.59	115.79	76.26	55.78	39.93
Other Intangible Assets	0.53	0.61	0.5	-	-	-
Other Current Assets	365.19	907.14	100.16	57.19	28.13	30.51
Long-Term Deferred Tax Assets	11.01	9.2	-	-	-	-
Long-Term Deferred Charges	68.04	69.34	93.44	42.57	29.15	15.51
Other Long-Term Assets	618.35	364.44	244.56	131.79	103.07	138.36
Total Assets	3,205	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	-	201	178.88	154.98	109.57	102.08
Insurance & Annuity Liabilities	0.34	0.34	0.34	0.34	0.34	0.34
Unpaid Claims	170.06	253.24	196.68	207.56	128.96	85.85
Unearned Premiums	483.95	440.31	478.59	263.29	160.17	99.52
Reinsurance Payable	188.03	102.71	55.43	32.3	54.77	64.97
Current Portion of Leases	-	20.33	7.14	6.83	6.83	6.81
Current Income Taxes Payable	7.63	13.18	29.29	22.94	-	0.12
Long-Term Leases	32.81	29.25	9.25	12.58	12.48	19.65
Long-Term Deferred Tax Liabilities	-	0.39	-	-	-	-
Other Current Liabilities	3.18	8.53	6.88	5.43	6.9	6.2
Other Long-Term Liabilities	1,039	666.15	195.57	57.76	17.88	17.33
Total Liabilities	1,925	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	Sep 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	211.75	340.72	349.64	244.37	128.06	74.69
Comprehensive Income & Other	20	0.15	13.06	0.24	3.86	12.6
Shareholders' Equity	1,280	1,147	1,008	844.61	731.93	687.29
Total Liabilities & Equity	3,205	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	106.44	104.81	104.81	104.81	104.81	104.81
Total Common Shares Outstanding	106.44	104.81	104.81	104.81	104.81	104.81
Total Debt	32.81	49.57	16.39	19.42	19.32	26.46
Net Cash (Debt)	256.67	201.89	265.1	703.34	458.5	370.17
Net Cash Growth	-62.38%	-23.85%	-62.31%	53.40%	23.86%	-1.04%
Net Cash Per Share	2.46	1.93	2.53	6.71	4.37	3.53
Book Value Per Share	12.02	10.94	9.61	8.06	6.98	6.56
Tangible Book Value	1,279	1,147	1,007	844.61	731.93	687.29
Tangible Book Value Per Share	12.02	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: Sep 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:

Nov 2, 2026

Data Sources Report a data error