China Taiping Insurance Holdings Co Ltd

Common Name

China Taiping

Country

Hong Kong

Sector

Financial Services

Industry

Insurance - Life

Employees

61,826

Ticker

966

Exchange

HONG KONG EXCHANGES AND CLEARING LTD

Website

www.ctih.cntaiping.com

Description

China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China, Hong Kong, Macau, Singapore, ... Show more

Financial Statements of China Taiping

Below are the financial statements of China Taiping, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of HKD	2024	2023
Assets	—	—
Statutory deposits	6.43^a	6.13^a
Fixed assets	68.96^a	66.2^a
Property and equipment	39.87^a	34.79^a
Investment properties	22.83^a	24.69^a
Right-of-use assets	6.26^a	6.73^a
Goodwill	0.35^a	0.35^a
Intangible assets	0.26^a	0.26^a
Interests in associates and joint ventures	28.92^a	27.87^a
Deferred tax assets	8.5^a	11.55^a
Financial investments	—	—
At fair value through profit or loss	449.97^a	460.49^a
At amortised cost	112.16^a	125.32^a
Debt investments at fair value through other comprehensive income	828.79^a	612.96^a
Equity investments at fair value through other comprehensive income	51.4^a	25.13^a
Securities purchased under resale agreements	2.01^a	7.11^a
Amounts due from group companies	1.31^a	1.31^a
Insurance contract assets	0.87^a	1.45^a
Reinsurance contract assets	10.79^a	11.3^a
Finance lease receivables	44.9^a	53.39^a
Other assets	12.44^a	9.52^a
Pledged and restricted bank deposits	1.23^a	2.41^a
Deposits at banks with original maturity more than three months	60.67^a	44.18^a
Cash and cash equivalents	44.39^a	42.55^a
Liabilities	—	—
Insurance contract liabilities	1,413.41^a	1,196.54^a
Reinsurance contract liabilities	0.09^a	0.13^a
Investment contract liabilities	20.38^a	6.03^a
Deferred tax liabilities	1.87^a	1.96^a
Interest-bearing notes	10.81^a	28.61^a
Bank borrowings	69.87^a	71.18^a
Lease liabilities	1.44^a	1.65^a
Securities sold under repurchase agreements	46.68^a	29.32^a
Amounts due to group companies	0.02^a	0.02^a
Other payables and accruals	46.77^a	40.41^a
Current taxation	0.58^a	1.06^a
Net assets	122.41^a	132.6^a
Capital and reserves attributable to owners of the Company	71.08^a	78.99^a
Share capital	40.77^a	40.77^a
Reserves	30.31^a	38.22^a
Perpetual subordinated capital securities	15.99^a	15.99^a
Non-controlling interests	35.34^a	37.62^a
Total equity	122.41^a	132.6^a

Verified Sources Behind China Taiping’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Taiping’s data sources below and access millions more through our Disclosure Search.

a. China Taiping's Annual Report 2024

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China Taiping Insurance Holdings Co Ltd

Financial Statements of China Taiping

Verified Sources Behind China Taiping’s Financial Fundamentals Data

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