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

Shin Kong Financial Holding Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	2,808,160	2,546,038	2,562,903	2,188,931	1,876,216	1,793,502
Investments in Equity & Preferred Securities	117,298	124,370	146,350	165,406	172,314	422.99
Policy Loans	103,678	105,346	106,523	110,076	107,853	113,739
Other Investments	12,068	211,971	201,020	318,027	321,740	17,221
Total Investments	3,681,860	3,586,280	3,585,326	3,481,159	3,223,561	2,904,479
Cash & Equivalents	108,946	122,247	116,630	105,662	141,384	212,766
Reinsurance Recoverable	1,371	980.85	843.26	590.59	632.44	866.53
Other Receivables	1,007,048	930,367	856,936	843,046	748,399	699,441
Separate Account Assets	57,289	51,870	38,541	41,682	41,926	41,834
Property, Plant & Equipment	40,475	44,027	44,685	44,998	37,753	37,201
Goodwill	2,335	2,335	2,335	2,335	2,335	2,335
Other Intangible Assets	1,565	1,523	1,212	1,089	761.94	411.65
Restricted Cash	53,114	46,228	44,585	47,939	37,260	40,934
Other Current Assets	30,265	64,003	37,455	25,532	72,327	57,506
Long-Term Deferred Tax Assets	51,567	44,114	38,641	35,046	27,048	17,219
Long-Term Deferred Charges	604.82	594.78	593.87	539.51	713.44	669.83
Other Long-Term Assets	60,582	58,924	82,915	55,645	23,022	14,152
Total Assets	5,097,020	4,953,494	4,850,699	4,685,263	4,357,124	4,029,814
Accrued Expenses	11,955	10,069	8,187	10,340	9,384	8,875
Insurance & Annuity Liabilities	3,291,580	3,274,289	3,279,979	3,123,775	2,981,045	2,754,150
Unpaid Claims	4,151	4,043	3,574	3,306	4,062	3,849
Unearned Premiums	11,933	10,964	9,961	9,662	9,433	9,076
Current Portion of Long-Term Debt	5,500	2,500	5,751	8,506	1,500	3,000
Short-Term Debt	81,937	64,546	30,624	54,527	48,257	50,592
Current Income Taxes Payable	582.43	640.87	1,115	2,119	1,532	142.76
Long-Term Debt	84,041	77,645	61,335	56,695	67,671	58,951
Long-Term Leases	11,245	10,650	11,605	7,535	6,820	7,037
Long-Term Deferred Tax Liabilities	22,763	16,696	10,821	10,947	10,383	11,201
Separate Account Liability	57,289	51,870	38,541	41,682	41,926	41,834
Other Current Liabilities	210,644	190,763	244,573	212,134	173,107	141,056
Other Long-Term Liabilities	1,015,288	992,157	931,953	879,575	759,644	701,471
Total Liabilities	4,809,481	4,707,414	4,638,570	4,421,881	4,115,545	3,791,891
Total Preferred Equity	2,970	2,970	2,970	2,970	2,970	750
Common Stock	171,576	154,876	154,876	140,418	130,204	126,004
Additional Paid-In Capital	15,878	18,624	18,277	19,136	20,503	13,655
Retained Earnings	110,788	88,801	93,494	98,336	81,023	85,388
Treasury Stock	-	-	-	-	-115.05	-401.85
Comprehensive Income & Other	-14,099	-19,624	-57,896	2,110	6,596	12,126
Total Common Equity	284,143	242,677	208,751	260,000	238,211	236,771
Minority Interest	426.6	432.98	408.64	412.41	398.07	401.75
Shareholders' Equity	287,540	246,080	212,130	263,382	241,579	237,923
Total Liabilities & Equity	5,097,020	4,953,494	4,850,699	4,685,263	4,357,124	4,029,814
Filing Date Shares Outstanding	17,158	15,488	15,488	14,042	13,010	12,566
Total Common Shares Outstanding	17,158	15,488	15,488	14,042	13,010	12,566
Total Debt	182,723	155,342	109,315	127,262	124,248	119,580
Net Cash (Debt)	-73,777	-33,095	7,315	-21,600	17,136	93,186
Net Cash Growth	-	-	-	-	-81.61%	-
Net Cash Per Share	-4.57	-2.14	0.48	-1.53	1.27	7.19
Book Value Per Share	16.56	15.67	13.48	18.52	18.31	18.84
Tangible Book Value	280,243	238,819	205,204	256,576	235,114	234,024
Tangible Book Value Per Share	16.33	15.42	13.25	18.27	18.07	18.62
Land	24,919	26,135	26,274	26,736	19,519	19,372
Buildings	15,046	17,511	17,469	17,302	17,708	16,510
Machinery	6,314	6,219	5,960	6,614	6,957	6,484
Construction In Progress	579.51	503.32	490.53	311.74	221.93	480.69

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