Income Statement AIA Group Limited

Stocks

1299

HK0000069689

Life & Health Insurance

Market Closed - Hong Kong S.E. Other stock markets 09:08:37 17/06/2026 BST			5-day change	1st Jan Change
75.05 ^HKD	-0.20%		+6.83%	-6.07%

06-16	AIA, Prudential Deepen Push For High Net Worth Clients With New Roles	MT
06-11	Beijing's investment clampdown clouds outlook for Hong Kong banks, insurers	RE

26d5c81ed6a4d7.TX0ImnHRKmqt7pBfmJBD4QDuVLgZYirfpZOdEvU6-1o.DC1e6Ri2HCbBvKcT8KgtkUWrYdtyIFm80vv1ZqBfjTV6BXrIP4hHEMGjqA

Published financial data: AIA GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	34.44B	33.91B	17.51B	19.31B	21.62B
Total Interest And Dividend Income	8.69B	-715M	-1.76B	-559M	-5.32B
Gain (Loss) on Sale of Investments, Total (Rev)	3.42B	-13.85B	4.23B	4.09B	10.33B
Other Revenues, Total	-191M	378M	-220M	-378M	-413M
Total Revenues	46.36B	19.72B	19.76B	22.47B	26.22B
Policy Benefits	30.06B	9.96B	12.42B	13.54B	14.71B
Policy Acquisition / Underwriting Costs, Total	4.6B	4.02B	-	-	-
Selling General & Admin Expenses, Total	3.03B	3.25B	-	-	-
Other Operating Expenses	657M	602M	1.59B	1.77B	1.77B
Total Operating Expenses	38.34B	17.83B	14.01B	15.32B	16.47B
Operating Income	8.02B	1.89B	5.75B	7.15B	9.74B
Interest Expense, Total	-357M	-394M	-485M	-615M	-710M
Income (Loss) on Equity Invest.	-11M	-32M	-267M	351M	547M
Currency Exchange Gains (Loss)	1.1B	-681M	-141M	946M	-2.03B
Other Non Operating Income (Expenses)	-	-	22M	45M	47M
EBT, Excl. Unusual Items	8.75B	781M	4.88B	7.88B	7.6B
Restructuring Charges	-338M	-360M	-166M	-	-
Total Merger & Related Restructuring Charges	-11M	-	-	-	-
Asset Writedown	65M	70M	-147M	-47M	-127M
EBT, Incl. Unusual Items	8.47B	491M	4.56B	7.83B	7.47B
Income Tax Expense	991M	171M	783M	978M	1.2B
Earnings From Continuing Operations	7.48B	320M	3.78B	6.85B	6.27B
Net Income to Company	7.48B	320M	3.78B	6.85B	6.27B
Minority Interest	-50M	-38M	-17M	-17M	-33M
Net Income - (IS)	7.43B	282M	3.76B	6.84B	6.23B
Net Income to Common Incl Extra Items	7.43B	282M	3.76B	6.84B	6.23B
Net Income to Common Excl. Extra Items	7.43B	282M	3.76B	6.84B	6.23B
Per Share Items
Net EPS - Basic	0.62	0.02	0.33	0.62	0.59
Basic EPS - Continuing Operations	0.62	0.02	0.33	0.62	0.59
Basic Weighted Average Shares Outstanding	12.07B	11.93B	11.52B	11.06B	10.55B
Net EPS - Diluted	0.61	0.02	0.33	0.62	0.59
Diluted EPS - Continuing Operations	0.61	0.02	0.33	0.62	0.59
Diluted Weighted Average Shares Outstanding	12.09B	11.94B	11.53B	11.07B	10.56B
Normalized Basic EPS	0.45	0.04	0.26	0.44	0.45
Normalized Diluted EPS	0.45	0.04	0.26	0.44	0.45
Dividend Per Share	0.19	0.2	0.21	0.23	0.25
Payout Ratio	28.91	801.06	60.92	34.06	38.93
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
EBITDA	8.18B	2.05B	5.92B	7.36B	9.97B
EBITA	8.06B	1.93B	5.8B	7.22B	9.82B
EBIT	8.02B	1.89B	5.75B	7.15B	9.74B
EBITDAR	8.19B	2.05B	-	-	-
Total Revenues (As Reported)	47.52B	19.11B	-	-	-
Effective Tax Rate - (Ratio)	11.7	34.83	17.16	12.49	16.12
Total Current Taxes	981M	777M	657M	396M	684M
Total Deferred Taxes	10M	-606M	126M	582M	520M
Normalized Net Income	5.42B	450M	3.03B	4.91B	4.72B
Interest on Long-Term Debt	315M	350M	415M	481M	571M
Supplemental Operating Expense Items
Net Rental Expense, Total	6M	2M	-	-	-
Imputed Operating Lease Interest Expense	1.5M	508K	-	-	-
Imputed Operating Lease Depreciation	4.5M	1.49M	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	80M	66M	-	-	-
Stock-Based Comp., Other (Total)	6M	14M	77M	87M	110M
Total Stock-Based Compensation	86M	80M	77M	87M	110M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	200B	165B	178B	178B	188B
Investment In Equity and Preferred Securities, Total	31.5B	25.47B	20.62B	21.51B	25.27B
Trading Asset Securities, Total	326M	-	210M	386M	-
Real Estate Owned	4.72B	4.6B	4.5B	4.57B	4.51B
Mortgage Loans	569M	-	-	-	-
Policy Loans	3.61B	-	-	-	-
Total Other Investments	43.45B	47.17B	51.16B	73.08B	95.34B
Total investments	284B	242B	254B	278B	313B
Cash And Equivalents	3.91B	8.02B	10.81B	7.29B	8.77B
Reinsurance Recoverable - (IS)	4.99B	5.12B	6.05B	5.73B	7.89B
Other Receivables - (Insurance Template)	5.46B	117M	4.79B	3.79B	4.35B
Deferred Policy Acquisition Costs - (BS)	28.38B	29.74B	-	-	-
Gross Property Plant And Equipment	3.77B	3.86B	5.09B	5.49B	5.78B
Accumulated Depreciation	-1.03B	-1.02B	-1.04B	-1.05B	-1.08B
Net Property Plant And Equipment	2.74B	2.84B	4.06B	4.45B	4.7B
Goodwill	1.85B	1.78B	1.93B	1.92B	2.14B
Other Intangibles, Total	1.06B	1.5B	1.69B	1.55B	1.54B
Restricted Cash	1.08B	-	713M	810M	837M
Other Current Assets, Total	1.14B	4.95B	542M	668M	845M
Deferred Tax Assets Long-Term (Collected)	50M	141M	301M	549M	525M
Deferred Charges Long-Term	229M	205M	-	-	-
Other Long-Term Assets, Total	4.72B	6.32B	1.19B	931M	840M
Total Assets	340B	303B	286B	305B	345B
Liabilities
Accounts Payable, Total	5.62B	-	3.68B	3.76B	5.12B
Insurance And Annuity Liabilities	208B	220B	203B	221B	256B
Unearned Premiums	30.94B	-	-	-	-
Reinsurance Payable - (BS)	1.51B	-	336M	255M	342M
Current Portion of Long-Term Debt	167M	500M	-	-	-
Current Portion of Leases	174M	-	-	132M	139M
Short-Term Borrowings	1.59B	1.75B	3.46B	4.62B	5.91B
Long-Term Debt	9.64B	10.71B	11.91B	13.44B	14.24B
Long-Term Leases	301M	-	365M	209M	287M
Current Income Taxes Payable	389M	464M	387M	220M	404M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	4.23B	-	-	-
Unearned Revenue Non Current	265M	-	195M	162M	138M
Pension & Other Post Retirement Benefits	158M	133M	153M	185M	216M
Deferred Tax Liability Non-Current	5.98B	3.56B	3.2B	4.12B	4.65B
Other Non Current Liabilities	13.72B	23.58B	17.77B	16.14B	13.89B
Total Liabilities	279B	264B	245B	265B	302B
Common Stock, Total	14.16B	14.17B	14.18B	14.18B	14.22B
Retained Earnings	49.98B	44.44B	44.33B	44.69B	46.22B
Comprehensive Income and Other	-3.68B	-20.51B	-17.4B	-18.38B	-17.2B
Total Common Equity	60.47B	38.1B	41.11B	40.49B	43.24B
Minority Interest	467M	454M	483M	323M	363M
Total Equity	60.93B	38.55B	41.59B	40.81B	43.61B
Total Liabilities And Equity	340B	303B	286B	305B	345B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.07B	11.7B	11.32B	10.75B	10.47B
ECS Total Common Shares Outstanding	12.07B	11.7B	11.32B	10.75B	10.47B
Book Value / Share	5.01	3.26	3.63	3.76	4.13
Tangible Book Value	57.55B	34.82B	37.5B	37.01B	39.56B
Tangible Book Value Per Share	4.77	2.98	3.31	3.44	3.78
Total Debt	11.87B	12.95B	15.74B	18.39B	20.58B
Net Debt	7.96B	4.93B	4.92B	11.1B	11.81B
Debt Equivalent Oper. Leases	48M	16M	-	-	-
Minority Interest, Total (Incl. Fin. Div)	467M	454M	483M	323M	363M
Equity Method Investments, Total	679M	2.09B	1.33B	1.71B	2.06B
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	875M	857M	830M	996M	1.04B
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	7.43B	282M	3.76B	6.84B	6.23B
Depreciation, Depletion & Amortization	301M	283M	264M	283M	290M
Amortization of Goodwill and Intangible Assets - (CF)	46M	46M	53M	69M	76M
Total Depreciation, Depletion & Amortization	347M	329M	317M	352M	366M
Amortization of Deferred Charges, Total	93M	121M	152M	190M	204M
Other Operating Activities	-3.96B	9.14B	6.69B	-4.12B	166M
Cash from Operations	3.91B	9.87B	10.92B	3.26B	6.97B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-16M	-271M	-324M	-3M	-121M
Purchase / Sale of Intangible Assets	-640M	-386M	-326M	-237M	-256M
Sale (Purchase) of Real Estate Properties (Collected)	-233M	-150M	-1.42B	-612M	-193M
Investment in Marketable and Equity Securities, Total	-1.89B	-10M	-67M	-93M	-370M
Cash from Investing	-2.78B	-817M	-2.14B	-945M	-940M
Long-Term Debt Issued, Total	4.04B	3.18B	1.15B	3.25B	1.06B
Total Debt Issued	4.04B	3.18B	1.15B	3.25B	1.06B
Long-Term Debt Repaid, Total	-3.13B	-1.7B	-764M	-1.8B	-454M
Total Debt Repaid	-3.13B	-1.7B	-764M	-1.8B	-454M
Issuance of Common Stock	5M	11M	5M	7M	35M
Repurchase of Common Stock	-106M	-3.67B	-3.75B	-4.19B	-2.37B
Common Dividends Paid	-2.15B	-2.26B	-2.29B	-2.33B	-2.43B
Common & Preferred Stock Dividends Paid	-2.15B	-2.26B	-2.29B	-2.33B	-2.43B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-320M	-350M	-411M	-625M	-564M
Cash from Financing	-1.66B	-4.79B	-6.07B	-5.69B	-4.72B
Foreign Exchange Rate Adjustments	-165M	-193M	-29M	-98M	201M
Net Change in Cash	-698M	4.07B	2.68B	-3.47B	1.52B
Supplemental Items
Cash Interest Paid	350M	377M	476M	589M	630M
Cash Income Tax Paid (Refund)	831M	680M	793M	614M	533M
Net Debt Issued / Repaid	907M	1.48B	382M	1.45B	609M
Levered Free Cash Flow	9.54B	-62.18B	3.47B	5.31B	5.07B
Unlevered Free Cash Flow	9.76B	-61.93B	3.78B	5.69B	5.52B
Change In Net Working Capital	-4.86B	63.25B	37M	-832M	995M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.5	0.37	1.29	1.51	1.87
Return on Total Capital	6.79	1.9	6.22	7.67	9.87
Return On Equity %	12	0.64	8.72	16.63	14.85
Return on Common Equity	12.01	0.57	8.78	16.75	14.89
Margin Analysis
Gross Profit Margin %	25.25	29.11	37.12	39.71	43.89
SG&A Margin	6.54	16.48	-	-	-
EBITDA Margin %	17.65	10.4	29.96	32.78	38.04
EBITA Margin %	17.39	9.81	29.36	32.14	37.45
EBIT Margin %	17.29	9.57	29.09	31.83	37.16
Income From Continuing Operations Margin %	16.13	1.62	19.14	30.5	23.91
Net Income Margin %	16.02	1.43	19.05	30.43	23.78
Net Avail. For Common Margin %	16.02	1.43	19.05	30.43	23.78
Normalized Net Income Margin	11.69	2.28	15.34	21.84	17.99
Levered Free Cash Flow Margin	20.57	-315.27	17.58	23.63	19.35
Unlevered Free Cash Flow Margin	21.05	-314.03	19.11	25.34	21.05
Asset Turnover
Asset Turnover	0.14	0.06	0.07	0.08	0.08
Fixed Assets Turnover	16.96	7.06	5.73	5.28	5.73
Receivables Turnover (Average Receivables)	23.89	-	6.58	15.44	17.74
Short Term Liquidity
Current Ratio	0.22	2.62	3.07	2.14	1.96
Quick Ratio	0.09	1.17	1.86	1.11	0.98
Operating Cash Flow to Current Liabilities	0.05	1.42	1.45	0.37	0.6
Days Sales Outstanding (Average Receivables)	15.28	-	55.48	23.7	20.58
Average Days Payable Outstanding	394.07	-	-	100.44	110.11
Long Term Solvency
Total Debt/Equity	19.49	33.6	37.83	45.07	47.2
Total Debt / Total Capital	16.31	25.15	27.45	31.07	32.06
LT Debt/Equity	16.32	27.77	29.51	33.44	33.32
Long-Term Debt / Total Capital	13.66	20.79	21.41	23.05	22.64
Total Liabilities / Total Assets	82.07	87.28	85.47	86.64	87.38
EBIT / Interest Expense	22.46	4.79	11.85	11.63	13.72
EBITDA / Interest Expense	23.43	5.63	12.51	12.2	14.24
(EBITDA - Capex) / Interest Expense	23.43	5.63	12.51	12.2	14.24
Total Debt / EBITDA	1.42	5.84	2.59	2.45	2.04
Net Debt / EBITDA	0.95	2.23	0.81	1.48	1.17
Total Debt / (EBITDA - Capex)	1.42	5.84	2.59	2.45	2.04
Net Debt / (EBITDA - Capex)	0.95	2.23	0.81	1.48	1.17
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.84	-57.46	11.22	13.72	16.68
Gross Profit, 1 Yr. Growth %	-0.04	-50.95	6.12	21.65	28.97
EBITDA, 1 Yr. Growth %	-3.99	-74.92	7.15	28	35.43
EBITA, 1 Yr. Growth %	-4.08	-75.98	7.01	28.13	35.97
EBIT, 1 Yr. Growth %	-4.06	-76.42	6.94	28.11	36.22
Earnings From Cont. Operations, 1 Yr. Growth %	29.38	-95.72	12.36	81.25	-8.55
Net Income, 1 Yr. Growth %	28.52	-96.2	13	81.62	-8.81
Normalized Net Income, 1 Yr. Growth %	10.51	-91.68	12.9	67.62	-3.89
Diluted EPS Before Extra, 1 Yr. Growth %	28.45	-96.16	17.02	89.1	-4.42
Net Property, Plant and Equip., 1 Yr. Growth %	0.81	3.64	42.69	9.59	5.69
Accounts Receivable, 1 Yr. Growth %	-17.9	-	35.05	-33.29	-10.91
Total Assets, 1 Yr. Growth %	4.22	-10.84	5.86	6.68	13.09
Common Equity, 1 Yr. Growth %	-4.32	-37	-7.97	-1.51	6.8
Tangible Book Value, 1 Yr. Growth %	-4.97	-39.5	-9.42	-1.29	6.9
Cash From Operations, 1 Yr. Growth %	65.85	152.42	10.66	-70.12	113.61
Levered Free Cash Flow, 1 Yr. Growth %	-37.81	-752.44	-105.54	57.6	-4.44
Unlevered Free Cash Flow, 1 Yr. Growth %	-37.11	-734.99	-106.04	55.06	-3.1
Dividend Per Share, 1 Yr. Growth %	7.29	5.27	4.8	9.37	9.8
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.67	-37.72	-34.72	12.46	15.19
Gross Profit, 2 Yr. CAGR %	0.74	-29.98	-20.84	13.62	25.26
EBITDA, 2 Yr. CAGR %	-2.71	-50.96	-14.9	15.46	31.66
EBITA, 2 Yr. CAGR %	-2.71	-52.03	-15.12	15.41	31.99
EBIT, 2 Yr. CAGR %	-2.69	-52.47	-15.27	15.34	32.1
Earnings From Cont. Operations, 2 Yr. CAGR %	11.46	-76.47	-28.89	42.71	28.74
Net Income, 2 Yr. CAGR %	11.45	-77.91	-28.81	43.26	28.69
Normalized Net Income, 2 Yr. CAGR %	8.94	-69.7	-25.17	35.19	26.92
Diluted EPS Before Extra, 2 Yr. CAGR %	11.38	-77.79	-27.11	48.76	34.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.13	2.22	21.61	25.05	7.62
Accounts Receivable, 2 Yr. CAGR %	5.63	-	29.99	-30.92	-22.9
Total Assets, 2 Yr. CAGR %	9.37	-3.6	-8.22	6.27	9.84
Common Equity, 2 Yr. CAGR %	4.9	-22.36	-17.54	-4.8	2.56
Tangible Book Value, 2 Yr. CAGR %	4.77	-24.18	-19.28	-5.44	2.72
Cash From Operations, 2 Yr. CAGR %	8.23	104.6	67.13	-42.49	-20.1
Levered Free Cash Flow, 2 Yr. CAGR %	-45.05	101.36	-39.64	-70.91	22.72
Unlevered Free Cash Flow, 2 Yr. CAGR %	-44.56	99.77	-37.78	-69.81	22.58
Dividend Per Share, 2 Yr. CAGR %	7.33	6.28	5.03	7.06	9.59
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.97	-25.63	-27.03	-21.45	13.85
Gross Profit, 3 Yr. CAGR %	21.64	-20.75	-14.44	-8.65	18.52
EBITDA, 3 Yr. CAGR %	27.7	-38.11	-11.45	-3.41	21.77
EBITA, 3 Yr. CAGR %	28.25	-39	-11.63	-3.57	21.89
EBIT, 3 Yr. CAGR %	28.42	-39.36	-11.72	-3.69	21.92
Earnings From Cont. Operations, 3 Yr. CAGR %	35.92	-62.4	-13.19	-2.86	23.03
Net Income, 3 Yr. CAGR %	36.51	-63.87	-13.32	-2.73	23.23
Normalized Net Income, 3 Yr. CAGR %	34.94	-53.81	-14.82	-3.22	20.66
Diluted EPS Before Extra, 3 Yr. CAGR %	36.39	-63.75	-11.96	0.16	28.36
Net Property, Plant and Equip., 3 Yr. CAGR %	30.56	-0.24	14.24	17.46	18.23
Accounts Receivable, 3 Yr. CAGR %	7.35	-	11.53	-15.8	-24.81
Total Assets, 3 Yr. CAGR %	13.93	2.17	-4.25	-3.5	8.5
Common Equity, 3 Yr. CAGR %	15.73	-11.49	-13.35	-12.51	-1.08
Tangible Book Value, 3 Yr. CAGR %	15.83	-12.75	-14.77	-13.68	-1.5
Cash From Operations, 3 Yr. CAGR %	27.98	43.53	66.7	-5.84	-10.94
Levered Free Cash Flow, 3 Yr. CAGR %	-	25.34	-39.05	-17.72	-56.75
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	24.94	-37.57	-16.42	-55.47
Dividend Per Share, 3 Yr. CAGR %	11.69	6.64	5.78	6.46	7.97
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-9.76	-14.07	-12.41
Gross Profit, 5 Yr. CAGR %	-	-	2.43	-5.01	-0.35
EBITDA, 5 Yr. CAGR %	-	-	8.53	-3.16	3.19
EBITA, 5 Yr. CAGR %	-	-	8.7	-3.25	3.15
EBIT, 5 Yr. CAGR %	-	-	8.71	-3.32	3.11
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	4.89	2.63	1.63
Net Income, 5 Yr. CAGR %	-	-	5.21	2.72	1.53
Normalized Net Income, 5 Yr. CAGR %	-	-	6.56	1.44	-0.78
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	6.15	4.51	4.29
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	26.9	9.19	11.54
Accounts Receivable, 5 Yr. CAGR %	-	-	15.89	-7.8	-15.27
Total Assets, 5 Yr. CAGR %	-	-	4.5	1.46	1.16
Common Equity, 5 Yr. CAGR %	-	-	1.06	-5.92	-7.31
Tangible Book Value, 5 Yr. CAGR %	-	-	0.25	-6.73	-8.16
Cash From Operations, 5 Yr. CAGR %	-	-	42.4	-0.45	24.22
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-30	-19.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-29.09	-18.68
Dividend Per Share, 5 Yr. CAGR %	-	-	8.98	6.81	7.29