SinoPac Financial Holdings Company Limited (TPE: 2890)

SinoPac Financial Holdings Company 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
Cash & Equivalents	44,890	30,644	66,232	48,521	30,813	23,445
Investment Securities	818,140	768,473	637,748	621,398	578,455	479,618
Trading Asset Securities	157,327	146,933	90,076	88,016	88,823	39,338
Total Investments	975,467	915,406	727,824	709,414	667,278	518,956
Gross Loans	1,598,389	1,621,882	1,593,238	1,412,047	1,283,850	1,162,335
Allowance for Loan Losses	-	-20,526	-18,563	-16,617	-16,166	-15,382
Other Adjustments to Gross Loans	-	-281.76	-379.95	-437.35	-486.59	-444.26
Net Loans	1,598,389	1,601,074	1,574,295	1,394,993	1,267,197	1,146,509
Property, Plant & Equipment	17,526	16,969	16,934	17,077	16,645	16,101
Goodwill	-	1,088	1,088	1,088	1,088	1,088
Other Intangible Assets	2,405	1,355	1,222	1,124	1,099	1,099
Investments in Real Estate	2,138	2,267	2,391	2,423	2,452	2,494
Accrued Interest Receivable	-	10,351	7,995	4,721	4,576	4,768
Other Receivables	366,850	10,947	6,807	12,582	6,556	7,315
Restricted Cash	-	79,451	88,852	75,619	64,135	50,697
Other Current Assets	-	68,294	67,647	74,415	39,345	28,540
Long-Term Deferred Tax Assets	2,572	2,405	2,014	2,275	2,279	2,126
Other Real Estate Owned & Foreclosed	-	-	-	37.35	37.64	37.12
Other Long-Term Assets	98,278	31,102	25,462	38,385	39,846	29,945
Total Assets	3,108,515	2,771,353	2,588,763	2,382,675	2,143,349	1,833,121
Accounts Payable	-	5,134	3,266	4,695	3,164	4,165
Accrued Expenses	-	6,793	5,469	5,692	4,811	4,295
Interest Bearing Deposits	2,322,976	1,568,888	1,530,610	1,343,548	1,223,843	1,109,200
Non-Interest Bearing Deposits	-	459,302	479,236	499,663	437,337	284,013
Total Deposits	2,322,976	2,028,190	2,009,846	1,843,212	1,661,180	1,393,213
Short-Term Borrowings	196,554	289,047	196,316	172,874	152,072	136,449
Current Portion of Long-Term Debt	7,643	7,887	3,865	5,367	11,406	8,814
Current Income Taxes Payable	2,888	1,973	1,479	2,409	1,476	1,106
Accrued Interest Payable	-	7,577	4,510	1,673	2,062	3,173
Other Current Liabilities	-	54,030	53,487	64,262	33,986	22,947
Long-Term Debt	160,484	89,695	88,103	67,735	56,947	44,760
Long-Term Leases	3,561	3,244	3,133	3,130	2,825	2,663
Long-Term Unearned Revenue	-	89.82	106.49	114.58	104.92	322.47
Pension & Post-Retirement Benefits	-	2,688	2,299	3,084	3,147	2,957
Long-Term Deferred Tax Liabilities	1,672	1,627	1,669	978.24	1,445	1,543
Other Long-Term Liabilities	209,017	85,044	61,198	44,646	52,854	58,346
Total Liabilities	2,904,795	2,583,017	2,434,745	2,219,871	1,987,479	1,684,755
Common Stock	126,859	123,764	113,838	112,711	112,711	112,711
Additional Paid-In Capital	6,129	6,129	2,229	2,229	2,229	2,229
Retained Earnings	74,308	63,600	52,153	45,907	36,565	32,270
Comprehensive Income & Other	-3,576	-5,158	-14,200	1,958	4,366	1,153
Total Common Equity	203,720	188,336	154,019	162,804	155,870	148,362
Minority Interest	-	-	-	-	-	3.38
Shareholders' Equity	203,720	188,336	154,019	162,804	155,870	148,366
Total Liabilities & Equity	3,108,515	2,771,353	2,588,763	2,382,675	2,143,349	1,833,121
Total Debt	368,242	389,871	291,417	249,105	223,250	192,686
Net Cash (Debt)	-36,641	-4,666	37,395	77,876	96,569	18,961
Net Cash Growth	-	-	-51.98%	-19.36%	409.31%	-42.15%
Net Cash Per Share	-2.89	-0.37	3.14	6.54	8.11	1.59
Filing Date Shares Outstanding	12,622	12,686	11,902	11,902	11,902	11,902
Total Common Shares Outstanding	12,622	12,686	11,902	11,902	11,902	11,902
Book Value Per Share	16.14	14.85	12.94	13.68	13.10	12.47
Tangible Book Value	201,315	185,893	151,709	160,591	153,682	146,175
Tangible Book Value Per Share	15.95	14.65	12.75	13.49	12.91	12.28

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