Shinkong Insurance Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	15,771	13,483	12,546	11,444	7,328	6,190
Investments in Equity & Preferred Securities	957.06	978.25	1,043	1,058	1,001	906.43
Other Investments	299.89	299.75	299.78	-	-	-
Total Investments	27,874	25,008	23,608	21,811	19,513	16,625
Cash & Equivalents	13,164	14,700	11,339	10,765	11,738	10,951
Reinsurance Recoverable	13,399	10,124	7,368	7,531	8,247	7,781
Other Receivables	3,095	2,250	2,193	1,598	1,945	1,857
Property, Plant & Equipment	1,157	1,134	1,126	1,145	1,320	1,095
Other Intangible Assets	51.86	25.97	19.17	22.85	27.46	19.53
Restricted Cash	201	197	209.87	86.87	28.44	25
Other Current Assets	226.4	921.28	950.2	728.83	712.69	767.88
Long-Term Deferred Tax Assets	157.21	183.19	158.12	212.03	262.67	236.47
Other Long-Term Assets	832.83	65.2	56.94	103.32	91.5	113.89
Total Assets	60,158	54,608	47,029	44,005	43,885	39,472
Accounts Payable	943.53	1,200	1,123	-	1,038	818.91
Accrued Expenses	253.56	295.01	258.24	269.34	277.97	272.19
Insurance & Annuity Liabilities	2,307	2,167	2,114	2,142	2,464	2,400
Unpaid Claims	17,058	13,459	10,038	10,840	10,338	9,655
Unearned Premiums	16,262	15,116	13,460	12,537	12,284	11,189
Reinsurance Payable	3,272	2,177	1,700	1,347	1,560	1,328
Current Portion of Leases	11.01	12.14	8.7	15.93	14.63	13.74
Current Income Taxes Payable	225.51	364.3	328.09	168.8	275.16	161.73
Long-Term Leases	17.2	21.01	7.87	17.9	20.29	21.38
Long-Term Deferred Tax Liabilities	37.39	96.66	41.66	36.7	34.39	62.1
Other Current Liabilities	181.95	439.27	373.55	1,541	169.9	155.7
Other Long-Term Liabilities	10.61	5.63	5.5	10.67	33.28	43.68
Total Liabilities	40,580	35,372	29,510	28,975	28,628	26,249
Common Stock	3,160	3,160	3,160	3,160	3,160	3,160
Additional Paid-In Capital	64.84	64.84	64.8	64.8	64.8	64.8
Retained Earnings	15,650	15,235	13,478	11,370	10,337	8,702
Comprehensive Income & Other	703.72	776.51	815.95	435.18	1,696	1,297
Shareholders' Equity	19,579	19,236	17,519	15,030	15,257	13,224
Total Liabilities & Equity	60,158	54,608	47,029	44,005	43,885	39,472
Filing Date Shares Outstanding	315.96	315.96	315.96	315.96	315.96	315.96
Total Common Shares Outstanding	315.96	315.96	315.96	315.96	315.96	315.96
Total Debt	28.21	33.16	16.57	33.84	34.92	35.12
Net Cash (Debt)	13,136	14,666	11,323	10,731	11,703	10,916
Net Cash Growth	6.78%	29.53%	5.51%	-8.30%	7.22%	14.60%
Net Cash Per Share	41.57	46.42	35.84	33.96	37.04	34.55
Book Value Per Share	61.96	60.88	55.45	47.57	48.29	41.85
Tangible Book Value	19,527	19,210	17,500	15,007	15,230	13,204
Tangible Book Value Per Share	61.80	60.80	55.39	47.50	48.20	41.79
Land	743.9	752.9	748.38	748.38	891.01	687.24
Buildings	490.91	498.44	490.22	490.22	525.97	481.56
Machinery	539.61	468.2	492.12	457	440.13	422.41

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.