Shinkong Insurance Co., Ltd. (TPE:2850)

Shinkong Insurance Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	13,976	13,483	12,546	11,444	7,328	6,190
Investments in Equity & Preferred Securities	992	978.25	1,043	1,058	1,001	906.43
Other Investments	299.76	299.75	299.78	-	-	-
Total Investments	26,269	25,008	23,608	21,811	19,513	16,625
Cash & Equivalents	13,868	14,700	11,339	10,765	11,738	10,951
Reinsurance Recoverable	12,398	10,124	7,368	7,531	8,247	7,781
Other Receivables	2,285	2,250	2,193	1,598	1,945	1,857
Property, Plant & Equipment	1,124	1,134	1,126	1,145	1,320	1,095
Other Intangible Assets	55.18	25.97	19.17	22.85	27.46	19.53
Restricted Cash	197	197	209.87	86.87	28.44	25
Other Current Assets	920.01	921.28	950.2	728.83	712.69	767.88
Long-Term Deferred Tax Assets	188.28	183.19	158.12	212.03	262.67	236.47
Other Long-Term Assets	47.97	65.2	56.94	103.32	91.5	113.89
Total Assets	57,353	54,608	47,029	44,005	43,885	39,472
Accounts Payable	-	1,200	1,123	-	1,038	818.91
Accrued Expenses	315.99	295.01	258.24	269.34	277.97	272.19
Insurance & Annuity Liabilities	2,075	2,167	2,114	2,142	2,464	2,400
Unpaid Claims	15,764	13,459	10,038	10,840	10,338	9,655
Unearned Premiums	15,698	15,116	13,460	12,537	12,284	11,189
Reinsurance Payable	1,798	2,177	1,700	1,347	1,560	1,328
Current Portion of Leases	11.96	12.14	8.7	15.93	14.63	13.74
Current Income Taxes Payable	519.24	364.3	328.09	168.8	275.16	161.73
Long-Term Leases	21.42	21.01	7.87	17.9	20.29	21.38
Long-Term Deferred Tax Liabilities	108.34	96.66	41.66	36.7	34.39	62.1
Other Current Liabilities	1,444	439.27	373.55	1,541	169.9	155.7
Other Long-Term Liabilities	8.29	5.63	5.5	10.67	33.28	43.68
Total Liabilities	37,763	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	15,947	15,235	13,478	11,370	10,337	8,702
Comprehensive Income & Other	417.92	776.51	815.95	435.18	1,696	1,297
Shareholders' Equity	19,589	19,236	17,519	15,030	15,257	13,224
Total Liabilities & Equity	57,353	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	33.38	33.16	16.57	33.84	34.92	35.12
Net Cash (Debt)	13,835	14,666	11,323	10,731	11,703	10,916
Net Cash Growth	2.68%	29.53%	5.51%	-8.30%	7.22%	14.60%
Net Cash Per Share	43.79	46.42	35.84	33.96	37.04	34.55
Book Value Per Share	62.00	60.88	55.45	47.57	48.29	41.85
Tangible Book Value	19,534	19,210	17,500	15,007	15,230	13,204
Tangible Book Value Per Share	61.82	60.80	55.39	47.50	48.20	41.79
Land	752.9	752.9	748.38	748.38	891.01	687.24
Buildings	498.44	498.44	490.22	490.22	525.97	481.56
Machinery	463.97	468.2	492.12	457	440.13	422.41

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.