CTBC Financial Holding Co., Ltd. (TPE: 2891)

CTBC 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	2,473,822	2,385,269	2,466,431	2,410,185	2,356,624	1,721,283
Investments in Equity & Preferred Securities	152,812	145,423	128,379	151,221	142,481	28,708
Policy Loans	22,745	22,909	23,453	23,984	23,713	23,981
Other Investments	19,420	46,890	14,037	100,812	7,984	592,430
Total Investments	4,659,210	4,555,135	4,169,833	4,138,641	3,841,920	3,575,952
Cash & Equivalents	132,546	125,943	133,811	409,380	445,738	325,740
Reinsurance Recoverable	5,197	4,909	4,076	3,673	3,062	2,093
Other Receivables	3,180,723	2,924,667	2,776,519	2,149,916	1,972,620	2,008,526
Separate Account Assets	142,881	154,241	153,500	171,347	125,641	91,886
Property, Plant & Equipment	68,149	68,010	66,666	66,732	65,930	67,600
Goodwill	18,015	18,015	18,015	18,015	18,015	18,015
Other Intangible Assets	21,373	20,633	20,673	19,962	5,983	5,790
Restricted Cash	314,706	299,837	249,070	-	-	-
Other Current Assets	121,188	108,203	104,171	76,641	112,818	104,667
Long-Term Deferred Tax Assets	15,288	14,593	15,218	19,281	18,374	12,471
Long-Term Deferred Charges	2,684	2,364	1,773	981.01	570.36	378.82
Other Long-Term Assets	9,043	7,585	7,168	8,958	5,995	6,316
Total Assets	8,691,004	8,304,135	7,720,493	7,083,526	6,616,667	6,219,435
Accounts Payable	7,656	12,118	10,748	8,420	7,334	6,669
Accrued Expenses	53,224	49,538	35,682	34,922	29,479	45,906
Insurance & Annuity Liabilities	1,828,601	1,806,533	1,828,288	1,764,554	1,738,693	1,693,398
Unpaid Claims	3,314	9,023	13,257	6,822	6,186	7,030
Unearned Premiums	-	7,339	6,643	5,596	4,851	4,564
Reinsurance Payable	1,802	1,751	1,485	1,799	1,544	1,137
Current Portion of Long-Term Debt	124,249	60,946	53,394	23,175	13,076	17,294
Current Portion of Leases	3,563	3,062	3,172	2,935	2,875	2,913
Short-Term Debt	269,402	305,625	230,449	140,329	140,974	192,742
Current Income Taxes Payable	6,230	2,892	2,306	11,835	8,416	3,635
Long-Term Debt	160,461	163,356	143,765	179,764	143,148	142,848
Long-Term Leases	13,952	14,670	13,816	13,563	12,567	12,012
Long-Term Deferred Tax Liabilities	17,895	12,738	7,490	6,267	11,556	7,876
Separate Account Liability	144,712	155,064	154,461	172,274	127,526	93,225
Other Current Liabilities	5,212,725	4,938,533	4,526,614	3,969,743	3,684,041	3,332,607
Other Long-Term Liabilities	327,301	289,910	290,253	282,275	273,287	268,956
Total Liabilities	8,180,535	7,838,789	7,327,671	6,630,924	6,211,356	5,838,215
Total Preferred Equity	5,000	5,000	5,000	5,000	5,000	5,000
Common Stock	196,205	196,229	195,841	194,970	194,970	194,970
Additional Paid-In Capital	59,832	59,777	59,459	58,709	58,755	58,689
Retained Earnings	239,367	217,831	183,405	177,591	145,409	124,709
Comprehensive Income & Other	-16,628	-37,087	-74,208	-5,814	1,097	-2,229
Total Common Equity	478,776	436,750	364,496	425,455	400,231	376,139
Minority Interest	26,693	23,596	23,326	22,146	80.17	81.15
Shareholders' Equity	510,469	465,345	392,822	452,601	405,311	381,220
Total Liabilities & Equity	8,691,004	8,304,135	7,720,493	7,083,526	6,616,667	6,219,435
Filing Date Shares Outstanding	19,621	19,622	19,584	19,497	19,497	19,497
Total Common Shares Outstanding	19,621	19,623	19,584	19,497	19,497	19,497
Total Debt	571,627	547,659	444,597	359,765	312,640	367,809
Net Cash (Debt)	-439,081	-421,715	-310,786	49,615	133,098	-42,069
Net Cash Growth	-	-	-	-62.72%	-	-
Net Cash Per Share	-22.45	-21.60	-15.94	2.54	6.83	-2.16
Book Value Per Share	24.40	22.26	18.61	21.82	20.53	19.29
Tangible Book Value	439,388	398,101	325,808	387,478	376,232	352,333
Tangible Book Value Per Share	22.39	20.29	16.64	19.87	19.30	18.07
Land	19,932	19,884	19,491	19,370	18,234	18,303
Buildings	36,372	35,909	35,457	35,151	34,840	34,503
Machinery	13,445	12,804	11,906	11,704	10,996	10,886
Construction In Progress	550.1	551.6	486.99	360.49	359.44	293.74

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