Balance Sheet AIA Group Limited

Equities

1299

HK0000069689

Life & Health Insurance

Market Closed - Hong Kong S.E. Other stock markets 08:08:56 21/01/2026 GMT			5-day change	1st Jan Change
82.85 ^HKD	0.00%		-2.18%	+3.69%

01-09	Indonesia drops requirement for policyholders to pay at least 10% of health insurance claims	RE
12-09	Hong Kong Insurers Told to Fast-Track Claims for Tai Po Fire Victims	MT

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Published financial data: AIA GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Premiums and Annuity Revenues	33.33B	34.44B	33.91B	17.51B	19.31B
Total Interest And Dividend Income	9.12B	8.69B	-715M	-1.76B	-559M
Gain (Loss) on Sale of Investments, Total (Rev)	8.01B	3.42B	-13.85B	4.23B	4.09B
Other Revenues, Total	392M	-191M	378M	-220M	-378M
Total Revenues	50.85B	46.36B	19.72B	19.76B	22.47B
Policy Benefits	34.74B	30.06B	9.96B	12.42B	13.54B
Policy Acquisition / Underwriting Costs, Total	4.4B	4.6B	4.02B	-	-
Selling General & Admin Expenses, Total	2.7B	3.03B	3.25B	-	-
Other Operating Expenses	659M	657M	602M	1.59B	1.56B
Total Operating Expenses	42.5B	38.34B	17.83B	14.01B	15.1B
Operating Income	8.36B	8.02B	1.89B	5.75B	7.36B
Interest Expense, Total	-292M	-357M	-394M	-485M	-615M
Income (Loss) on Equity Invest.	-17M	-11M	-32M	-267M	351M
Currency Exchange Gains (Loss)	-200M	1.1B	-681M	-141M	946M
Other Non Operating Income (Expenses)	-	-	-	22M	45M
EBT, Excl. Unusual Items	7.85B	8.75B	781M	4.88B	8.09B
Restructuring Charges	-285M	-338M	-360M	-166M	-211M
Total Merger & Related Restructuring Charges	-	-11M	-	-	-
Asset Writedown	-292M	65M	70M	-147M	-47M
EBT, Incl. Unusual Items	7.27B	8.47B	491M	4.56B	7.83B
Income Tax Expense	1.49B	991M	171M	783M	978M
Earnings From Continuing Operations	5.78B	7.48B	320M	3.78B	6.85B
Net Income to Company	5.78B	7.48B	320M	3.78B	6.85B
Minority Interest	-	-50M	-38M	-17M	-17M
Net Income - (IS)	5.78B	7.43B	282M	3.76B	6.84B
Net Income to Common Incl Extra Items	5.78B	7.43B	282M	3.76B	6.84B
Net Income to Common Excl. Extra Items	5.78B	7.43B	282M	3.76B	6.84B
Per Share Items
Net EPS - Basic	0.48	0.62	0.02	0.33	0.62
Basic EPS - Continuing Operations	0.48	0.62	0.02	0.33	0.62
Basic Weighted Average Shares Outstanding	12.06B	12.07B	11.93B	11.52B	11.06B
Net EPS - Diluted	0.48	0.61	0.02	0.33	0.62
Diluted EPS - Continuing Operations	0.48	0.61	0.02	0.33	0.62
Diluted Weighted Average Shares Outstanding	12.08B	12.09B	11.94B	11.53B	11.07B
Normalized Basic EPS	0.41	0.45	0.04	0.26	0.46
Normalized Diluted EPS	0.41	0.45	0.04	0.26	0.46
Dividend Per Share	0.17	0.19	0.2	0.21	0.23
Payout Ratio	34.56	28.91	801.06	60.92	34.06
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
EBITDA	8.52B	8.18B	2.05B	5.92B	7.58B
EBITA	8.41B	8.06B	1.93B	5.8B	7.43B
EBIT	8.36B	8.02B	1.89B	5.75B	7.36B
EBITDAR	8.53B	8.19B	2.05B	-	-
Total Revenues (As Reported)	50.36B	47.52B	19.11B	-	-
Effective Tax Rate - (Ratio)	20.51	11.7	34.83	17.16	12.49
Total Current Taxes	1.06B	981M	777M	657M	396M
Total Deferred Taxes	432M	10M	-606M	126M	582M
Normalized Net Income	4.9B	5.42B	450M	3.03B	5.04B
Interest on Long-Term Debt	264M	315M	350M	415M	481M
Supplemental Operating Expense Items
Net Rental Expense, Total	7M	6M	2M	-	-
Imputed Operating Lease Interest Expense	1.69M	1.5M	508K	-	-
Imputed Operating Lease Depreciation	5.31M	4.5M	1.49M	-	-
Stock-Based Comp., SG&A Exp. (Total)	72M	80M	66M	-	-
Stock-Based Comp., Other (Total)	8M	6M	14M	77M	87M
Total Stock-Based Compensation	80M	86M	80M	77M	87M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Investment In Debt Securities	202B	200B	165B	178B	178B
Investment In Equity and Preferred Securities, Total	59.79B	31.5B	25.47B	20.62B	21.51B
Trading Asset Securities, Total	561M	326M	-	210M	386M
Real Estate Owned	4.64B	4.72B	4.6B	4.5B	4.57B
Mortgage Loans	639M	569M	-	-	-
Policy Loans	3.53B	3.61B	-	-	-
Total Other Investments	2.95B	43.45B	47.17B	51.16B	73.08B
Total investments	274B	284B	242B	254B	278B
Cash And Equivalents	4.4B	3.91B	8.02B	10.81B	7.29B
Reinsurance Recoverable - (IS)	4.56B	4.99B	5.12B	6.05B	5.73B
Other Receivables - (Insurance Template)	6.12B	5.46B	117M	4.79B	3.79B
Deferred Policy Acquisition Costs - (BS)	27.55B	28.38B	29.74B	-	-
Gross Property Plant And Equipment	3.62B	3.77B	3.86B	5.09B	5.49B
Accumulated Depreciation	-900M	-1.03B	-1.02B	-1.04B	-1.05B
Net Property Plant And Equipment	2.72B	2.74B	2.84B	4.06B	4.45B
Goodwill	1.66B	1.85B	1.78B	1.93B	1.92B
Other Intangibles, Total	979M	1.06B	1.5B	1.69B	1.55B
Restricted Cash	1.22B	1.08B	-	713M	810M
Other Current Assets, Total	508M	1.14B	4.95B	542M	668M
Deferred Tax Assets Long-Term (Collected)	23M	50M	141M	301M	549M
Deferred Charges Long-Term	261M	229M	205M	-	-
Other Long-Term Assets, Total	2.13B	4.72B	6.32B	1.19B	931M
Total Assets	326B	340B	303B	286B	305B
Liabilities
Accounts Payable, Total	4.85B	5.62B	-	3.68B	3.76B
Insurance And Annuity Liabilities	196B	208B	220B	203B	221B
Unearned Premiums	26.72B	30.94B	-	-	-
Reinsurance Payable - (BS)	1.42B	1.51B	-	336M	255M
Current Portion of Long-Term Debt	1B	167M	500M	-	-
Current Portion of Leases	177M	174M	-	-	132M
Short-Term Borrowings	1.66B	1.59B	1.75B	3.46B	4.62B
Long-Term Debt	7.86B	9.64B	10.71B	11.91B	13.44B
Long-Term Leases	325M	301M	-	365M	209M
Current Income Taxes Payable	346M	389M	464M	387M	220M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	4.23B	-	-
Unearned Revenue Non Current	312M	265M	-	195M	162M
Pension & Other Post Retirement Benefits	195M	158M	133M	153M	185M
Deferred Tax Liability Non-Current	6.9B	5.98B	3.56B	3.2B	4.12B
Other Non Current Liabilities	14.32B	13.72B	23.58B	17.77B	16.14B
Total Liabilities	262B	279B	264B	245B	265B
Common Stock, Total	14.16B	14.16B	14.17B	14.18B	14.18B
Retained Earnings	44.7B	49.98B	44.44B	44.33B	44.69B
Comprehensive Income and Other	4.34B	-3.68B	-20.51B	-17.4B	-18.38B
Total Common Equity	63.2B	60.47B	38.1B	41.11B	40.49B
Minority Interest	468M	467M	454M	483M	323M
Total Equity	63.67B	60.93B	38.55B	41.59B	40.81B
Total Liabilities And Equity	326B	340B	303B	286B	305B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.07B	12.07B	11.7B	11.32B	10.75B
ECS Total Common Shares Outstanding	12.07B	12.07B	11.7B	11.32B	10.75B
Book Value / Share	5.24	5.01	3.26	3.63	3.76
Tangible Book Value	60.57B	57.55B	34.82B	37.5B	37.01B
Tangible Book Value Per Share	5.02	4.77	2.98	3.31	3.44
Total Debt	11.03B	11.87B	12.95B	15.74B	18.39B
Net Debt	6.63B	7.96B	4.93B	4.92B	11.1B
Debt Equivalent Oper. Leases	56M	48M	16M	-	-
Minority Interest, Total (Incl. Fin. Div)	468M	467M	454M	483M	323M
Equity Method Investments, Total	606M	679M	2.09B	1.33B	1.71B
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	869M	875M	857M	830M	996M
Full Time Employees	23K	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	5.78B	7.43B	282M	3.76B	6.84B
Depreciation, Depletion & Amortization	297M	301M	283M	264M	283M
Amortization of Goodwill and Intangible Assets - (CF)	50M	46M	46M	53M	69M
Total Depreciation, Depletion & Amortization	347M	347M	329M	317M	352M
Amortization of Deferred Charges, Total	92M	93M	121M	152M	190M
Other Operating Activities	-3.86B	-3.96B	9.14B	6.69B	-4.12B
Cash from Operations	2.36B	3.91B	9.87B	10.92B	3.26B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-839M	-16M	-271M	-324M	-3M
Divestitures	-	-	-	-	-
Purchase / Sale of Intangible Assets	-254M	-640M	-386M	-326M	-237M
Sale (Purchase) of Real Estate Properties (Collected)	-120M	-233M	-150M	-1.42B	-612M
Investment in Marketable and Equity Securities, Total	-6M	-1.89B	-10M	-67M	-93M
Cash from Investing	-1.22B	-2.78B	-817M	-2.14B	-945M
Long-Term Debt Issued, Total	3.73B	4.04B	3.18B	1.15B	3.25B
Total Debt Issued	3.73B	4.04B	3.18B	1.15B	3.25B
Long-Term Debt Repaid, Total	-1.11B	-3.13B	-1.7B	-764M	-1.8B
Total Debt Repaid	-1.11B	-3.13B	-1.7B	-764M	-1.8B
Issuance of Common Stock	26M	5M	11M	5M	7M
Repurchase of Common Stock	-16M	-106M	-3.67B	-3.75B	-4.19B
Common Dividends Paid	-2B	-2.15B	-2.26B	-2.29B	-2.33B
Common & Preferred Stock Dividends Paid	-2B	-2.15B	-2.26B	-2.29B	-2.33B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-233M	-320M	-350M	-411M	-625M
Cash from Financing	392M	-1.66B	-4.79B	-6.07B	-5.69B
Foreign Exchange Rate Adjustments	110M	-165M	-193M	-29M	-98M
Net Change in Cash	1.64B	-698M	4.07B	2.68B	-3.47B
Supplemental Items
Cash Interest Paid	264M	350M	377M	476M	589M
Cash Income Tax Paid (Refund)	1.03B	831M	680M	793M	614M
Net Debt Issued / Repaid	2.61B	907M	1.48B	382M	1.45B
Levered Free Cash Flow	15.34B	9.54B	-62.18B	3.47B	5.44B
Unlevered Free Cash Flow	15.52B	9.76B	-61.93B	3.78B	5.83B
Change In Net Working Capital	-10.03B	-4.86B	63.25B	37M	-832M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.71	1.5	0.37	1.29	1.56
Return on Total Capital	7.55	6.79	1.9	6.22	7.9
Return On Equity %	9.71	12	0.64	8.72	16.63
Return on Common Equity	9.78	12.01	0.57	8.78	16.75
Margin Analysis
Gross Profit Margin %	23.03	25.25	29.11	37.12	39.71
SG&A Margin	5.3	6.54	16.48	-	-
EBITDA Margin %	16.76	17.65	10.4	29.96	33.72
EBITA Margin %	16.53	17.39	9.81	29.36	33.08
EBIT Margin %	16.43	17.29	9.57	29.09	32.77
Income From Continuing Operations Margin %	11.36	16.13	1.62	19.14	30.5
Net Income Margin %	11.36	16.02	1.43	19.05	30.43
Net Avail. For Common Margin %	11.36	16.02	1.43	19.05	30.43
Normalized Net Income Margin	9.64	11.69	2.28	15.34	22.43
Levered Free Cash Flow Margin	30.16	20.57	-315.27	17.58	24.22
Unlevered Free Cash Flow Margin	30.52	21.05	-314.03	19.11	25.93
Asset Turnover
Asset Turnover	0.17	0.14	0.06	0.07	0.08
Fixed Assets Turnover	18.2	16.96	7.06	5.73	5.28
Receivables Turnover (Average Receivables)	24.66	23.89	-	6.58	8.21
Short Term Liquidity
Current Ratio	0.23	0.22	2.62	3.07	2.14
Quick Ratio	0.11	0.09	1.17	1.86	1.11
Operating Cash Flow to Current Liabilities	0.04	0.05	1.42	1.45	0.37
Days Sales Outstanding (Average Receivables)	14.84	15.28	-	55.48	44.6
Average Days Payable Outstanding	308.11	394.07	-	-	100.44
Long Term Solvency
Total Debt/Equity	17.33	19.49	33.6	37.83	45.07
Total Debt / Total Capital	14.77	16.31	25.15	27.45	31.07
LT Debt/Equity	12.86	16.32	27.77	29.51	33.44
Long-Term Debt / Total Capital	10.96	13.66	20.79	21.41	23.05
Total Liabilities / Total Assets	80.48	82.07	87.28	85.47	86.64
EBIT / Interest Expense	28.62	22.46	4.79	11.85	11.97
EBITDA / Interest Expense	29.8	23.43	5.63	12.51	12.54
(EBITDA - Capex) / Interest Expense	29.8	23.43	5.63	12.51	12.54
Total Debt / EBITDA	1.27	1.42	5.84	2.59	2.38
Net Debt / EBITDA	0.76	0.95	2.23	0.81	1.44
Total Debt / (EBITDA - Capex)	1.27	1.42	5.84	2.59	2.38
Net Debt / (EBITDA - Capex)	0.76	0.95	2.23	0.81	1.44
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.06	-8.84	-57.46	11.22	13.72
Gross Profit, 1 Yr. Growth %	1.53	-0.04	-50.95	6.12	21.65
EBITDA, 1 Yr. Growth %	-1.41	-3.99	-74.92	7.15	27.98
EBITA, 1 Yr. Growth %	-1.33	-4.08	-75.98	7.01	28.1
EBIT, 1 Yr. Growth %	-1.31	-4.06	-76.42	6.94	28.08
Earnings From Cont. Operations, 1 Yr. Growth %	-3.97	29.38	-95.72	12.36	81.25
Net Income, 1 Yr. Growth %	-3.35	28.52	-96.2	13	81.62
Normalized Net Income, 1 Yr. Growth %	7.38	10.51	-91.68	12.9	66.23
Diluted EPS Before Extra, 1 Yr. Growth %	-3.41	28.45	-96.16	17.02	89.1
Net Property, Plant and Equip., 1 Yr. Growth %	-4.99	0.81	3.64	42.69	9.59
Accounts Receivable, 1 Yr. Growth %	35.92	-17.9	-	35.05	-33.84
Total Assets, 1 Yr. Growth %	14.78	4.22	-10.84	5.86	6.68
Common Equity, 1 Yr. Growth %	15.02	-4.32	-37	-7.97	-1.51
Tangible Book Value, 1 Yr. Growth %	15.52	-4.97	-39.5	-9.42	-1.29
Cash From Operations, 1 Yr. Growth %	-29.37	65.85	152.42	10.66	-70.12
Levered Free Cash Flow, 1 Yr. Growth %	-51.44	-37.81	-752.44	-105.54	56.69
Unlevered Free Cash Flow, 1 Yr. Growth %	-51.14	-37.11	-734.99	-106.04	54.29
Dividend Per Share, 1 Yr. Growth %	7.37	7.29	5.27	4.8	9.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.09	-1.67	-37.72	-34.72	12.46
Gross Profit, 2 Yr. CAGR %	34.19	0.74	-29.98	-20.84	13.62
EBITDA, 2 Yr. CAGR %	47.27	-2.71	-50.96	-14.9	17.1
EBITA, 2 Yr. CAGR %	48.29	-2.71	-52.03	-15.12	17.08
EBIT, 2 Yr. CAGR %	48.57	-2.69	-52.47	-15.27	17.03
Earnings From Cont. Operations, 2 Yr. CAGR %	39.31	11.46	-76.47	-28.89	42.71
Net Income, 2 Yr. CAGR %	40.69	11.45	-77.91	-28.81	43.26
Normalized Net Income, 2 Yr. CAGR %	49.11	8.94	-69.7	-25.17	36.99
Diluted EPS Before Extra, 2 Yr. CAGR %	40.54	11.38	-77.79	-27.11	48.76
Net Property, Plant and Equip., 2 Yr. CAGR %	48.58	-2.13	2.22	21.61	25.05
Accounts Receivable, 2 Yr. CAGR %	22.75	5.63	-	29.99	-5.48
Total Assets, 2 Yr. CAGR %	19.13	9.37	-3.6	-8.22	6.27
Common Equity, 2 Yr. CAGR %	27.29	4.9	-22.36	-17.54	-4.8
Tangible Book Value, 2 Yr. CAGR %	27.88	4.77	-24.18	-19.28	-5.44
Cash From Operations, 2 Yr. CAGR %	12.43	8.23	104.6	67.13	-42.49
Levered Free Cash Flow, 2 Yr. CAGR %	-	-45.05	101.36	-39.64	-70.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-44.56	99.77	-37.78	-69.46
Dividend Per Share, 2 Yr. CAGR %	13.96	7.33	6.28	5.03	7.06
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	11.97	-25.63	-27.03	-21.45
Gross Profit, 3 Yr. CAGR %	-	21.64	-20.75	-14.44	-8.65
EBITDA, 3 Yr. CAGR %	-	27.7	-38.11	-11.45	-2.5
EBITA, 3 Yr. CAGR %	-	28.25	-39	-11.63	-2.64
EBIT, 3 Yr. CAGR %	-	28.42	-39.36	-11.72	-2.76
Earnings From Cont. Operations, 3 Yr. CAGR %	-	35.92	-62.4	-13.19	-2.86
Net Income, 3 Yr. CAGR %	-	36.51	-63.87	-13.32	-2.73
Normalized Net Income, 3 Yr. CAGR %	-	34.94	-53.81	-14.82	-2.36
Diluted EPS Before Extra, 3 Yr. CAGR %	-	36.39	-63.75	-11.96	0.16
Net Property, Plant and Equip., 3 Yr. CAGR %	-	30.56	-0.24	14.24	17.46
Accounts Receivable, 3 Yr. CAGR %	-	7.35	-	11.53	3.79
Total Assets, 3 Yr. CAGR %	-	13.93	2.17	-4.25	-3.5
Common Equity, 3 Yr. CAGR %	-	15.73	-11.49	-13.35	-12.51
Tangible Book Value, 3 Yr. CAGR %	-	15.83	-12.75	-14.77	-13.68
Cash From Operations, 3 Yr. CAGR %	-	27.98	43.53	66.7	-5.84
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	25.34	-39.05	-17.04
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	24.94	-37.57	-15.78
Dividend Per Share, 3 Yr. CAGR %	-	11.69	6.64	5.78	6.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-9.76	-14.07
Gross Profit, 5 Yr. CAGR %	-	-	-	2.43	-5.01
EBITDA, 5 Yr. CAGR %	-	-	-	8.53	-2.61
EBITA, 5 Yr. CAGR %	-	-	-	8.7	-2.7
EBIT, 5 Yr. CAGR %	-	-	-	8.71	-2.76
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	4.89	2.63
Net Income, 5 Yr. CAGR %	-	-	-	5.21	2.72
Normalized Net Income, 5 Yr. CAGR %	-	-	-	6.56	1.98
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	6.15	4.51
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	26.9	9.19
Accounts Receivable, 5 Yr. CAGR %	-	-	-	15.89	4.52
Total Assets, 5 Yr. CAGR %	-	-	-	4.5	1.46
Common Equity, 5 Yr. CAGR %	-	-	-	1.06	-5.92
Tangible Book Value, 5 Yr. CAGR %	-	-	-	0.25	-6.73
Cash From Operations, 5 Yr. CAGR %	-	-	-	42.4	-0.45
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-29.65
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-28.76
Dividend Per Share, 5 Yr. CAGR %	-	-	-	8.98	6.81