Shin Kong Financial Holding Co., Ltd. (TPE:2888)

TPE:2888 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	2,677,082	2,546,038	2,562,903	2,188,931	1,876,216
Investments in Equity & Preferred Securities	2,882	124,370	146,350	165,406	172,314
Policy Loans	-	105,346	106,523	110,076	107,853
Other Investments	329,185	211,971	201,020	318,027	321,740
Total Investments	3,655,477	3,586,280	3,585,326	3,481,159	3,223,561
Cash & Equivalents	122,723	122,247	116,630	105,662	141,384
Reinsurance Recoverable	-	980.85	843.26	590.59	632.44
Other Receivables	1,142,543	930,367	856,936	843,046	748,399
Separate Account Assets	-	51,870	38,541	41,682	41,926
Property, Plant & Equipment	40,501	44,027	44,685	44,998	37,753
Goodwill	-	2,335	2,335	2,335	2,335
Other Intangible Assets	4,002	1,523	1,212	1,089	761.94
Restricted Cash	-	46,228	44,585	47,939	37,260
Other Current Assets	6,789	64,003	37,455	25,532	72,327
Long-Term Deferred Tax Assets	57,015	44,114	38,641	35,046	27,048
Long-Term Deferred Charges	-	594.78	593.87	539.51	713.44
Other Long-Term Assets	115,812	58,924	82,915	55,645	23,022
Total Assets	5,144,863	4,953,494	4,850,699	4,685,263	4,357,124
Accrued Expenses	-	10,069	8,187	10,340	9,384
Insurance & Annuity Liabilities	-	3,274,289	3,279,979	3,123,775	2,981,045
Unpaid Claims	-	4,043	3,574	3,306	4,062
Unearned Premiums	-	10,964	9,961	9,662	9,433
Current Portion of Long-Term Debt	-	2,500	5,751	8,506	1,500
Short-Term Debt	69,067	64,546	30,624	54,527	48,257
Current Income Taxes Payable	486.97	640.87	1,115	2,119	1,532
Long-Term Debt	94,695	77,645	61,335	56,695	67,671
Long-Term Leases	10,497	10,650	11,605	7,535	6,820
Long-Term Deferred Tax Liabilities	27,565	16,696	10,821	10,947	10,383
Separate Account Liability	-	51,870	38,541	41,682	41,926
Other Current Liabilities	49,867	190,763	244,573	212,134	173,107
Other Long-Term Liabilities	4,608,750	992,157	931,953	879,575	759,644
Total Liabilities	4,860,929	4,707,414	4,638,570	4,421,881	4,115,545
Total Preferred Equity	2,970	2,970	2,970	2,970	2,970
Common Stock	177,125	154,876	154,876	140,418	130,204
Additional Paid-In Capital	15,768	18,624	18,277	19,136	20,503
Retained Earnings	112,305	88,801	93,494	98,336	81,023
Treasury Stock	-307.6	-	-	-	-115.05
Comprehensive Income & Other	-24,357	-19,624	-57,896	2,110	6,596
Total Common Equity	280,533	242,677	208,751	260,000	238,211
Minority Interest	430.72	432.98	408.64	412.41	398.07
Shareholders' Equity	283,934	246,080	212,130	263,382	241,579
Total Liabilities & Equity	5,144,863	4,953,494	4,850,699	4,685,263	4,357,124
Filing Date Shares Outstanding	17,633	15,488	15,488	14,042	13,010
Total Common Shares Outstanding	17,633	15,488	15,488	14,042	13,010
Total Debt	174,259	155,342	109,315	127,262	124,248
Net Cash (Debt)	-51,535	-33,095	7,315	-21,600	17,136
Net Cash Growth	-	-	-	-	-81.61%
Net Cash Per Share	-3.08	-2.14	0.48	-1.53	1.27
Book Value Per Share	15.91	15.67	13.48	18.52	18.31
Tangible Book Value	276,531	238,819	205,204	256,576	235,114
Tangible Book Value Per Share	15.68	15.42	13.25	18.27	18.07
Land	-	26,135	26,274	26,736	19,519
Buildings	-	17,511	17,469	17,302	17,708
Machinery	-	6,219	5,960	6,614	6,957
Construction In Progress	-	503.32	490.53	311.74	221.93

Source: S&P Capital IQ. Insurance template. Financial Sources.