Shinkong Insurance Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Premiums & Annuity Revenue	19,809	19,154	18,668	17,951	16,841
Total Interest & Dividend Income	804.61	667.36	613.89	448	389.43
Gain (Loss) on Sale of Investments	593.66	191.66	229.81	-382.53	949.64
Other Revenue	548.49	482.6	371.92	321.18	396.35
Total Revenue	21,756	20,495	19,883	18,338	18,576
Revenue Growth (YoY)	6.15%	3.08%	8.43%	-1.28%	10.98%
Policy Benefits	9,689	9,934	9,803	9,624	9,099
Policy Acquisition & Underwriting Costs	2,922	2,914	2,836	2,991	2,912
Selling, General & Administrative	3,479	3,872	3,676	3,747	3,640
Provision for Bad Debts	-62.57	38.05	23.34	17.6	20.34
Other Operating Expenses	739.95	94.72	84.45	90.91	129.16
Total Operating Expenses	16,768	16,853	16,423	16,470	15,800
Operating Income	4,987	3,642	3,460	1,869	2,776
Interest Expense	-0.91	-	-	-	-
Currency Exchange Gain (Loss)	-297.08	322.02	5.42	552.7	-138.1
Other Non Operating Income (Expenses)	7.36	42.61	58.07	52.47	16.71
EBT Excluding Unusual Items	4,697	4,007	3,524	2,474	2,655
Gain (Loss) on Sale of Assets	16.33	-	-	-	-
Other Unusual Items	-0.16	1.64	-1.01	0.12	0.46
Pretax Income	4,713	4,009	3,523	2,474	2,655
Income Tax Expense	834.08	699.34	608.51	470.25	400.99
Net Income	3,879	3,309	2,914	2,004	2,254
Net Income to Common	3,879	3,309	2,914	2,004	2,254
Net Income Growth	17.21%	13.56%	45.45%	-11.11%	38.30%
Shares Outstanding (Basic)	316	316	316	316	316
Shares Outstanding (Diluted)	316	316	316	316	316
EPS (Basic)	12.28	10.47	9.22	6.34	7.13
EPS (Diluted)	12.28	10.47	9.22	6.34	7.13
EPS Growth	17.21%	13.56%	45.45%	-11.11%	38.30%
Free Cash Flow	23.16	4,942	1,519	105.84	1,640
Free Cash Flow Per Share	0.07	15.64	4.81	0.34	5.19
Dividend Per Share	-	7.150	4.990	2.540	3.200
Dividend Growth	-	43.29%	96.46%	-20.63%	64.10%
Operating Margin	22.92%	17.77%	17.40%	10.19%	14.94%
Profit Margin	17.83%	16.15%	14.66%	10.93%	12.13%
Free Cash Flow Margin	0.11%	24.11%	7.64%	0.58%	8.83%
EBITDA	5,072	3,713	3,526	1,935	2,840
EBITDA Margin	23.31%	18.12%	17.74%	10.55%	15.29%
D&A For EBITDA	84.32	70.59	66.19	66.12	64.13
EBIT	4,987	3,642	3,460	1,869	2,776
EBIT Margin	22.92%	17.77%	17.40%	10.19%	14.94%
Effective Tax Rate	17.70%	17.45%	17.27%	19.01%	15.10%
Revenue as Reported	21,562	20,854	19,939	18,931	18,464

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.