PRE

HNXFinancials

Tổng Joint Stock Company Tái Insurance Hà Nội (Hanoi Re)

Original Name: Tổng Công ty Cổ phần Tái bảo hiểm Hà Nội (Hanoi Re)

Reference Price27.100 ₫

Interactive Stock Chart

Exchange Ticker: HNX:PRE

Listing Information

Exchange MarketHNX

Live SectorInsurance

First Trading Date24/12/2020

First Close Price₫19,900

Capital Structure

Charter Capital-

Listed Shares104,400,000

Outstanding Shares104,400,000

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2024	Deloitte Vietnam Co., Ltd.
2023	Deloitte Vietnam Co., Ltd.
2022	Deloitte Vietnam Co., Ltd.
2021	Deloitte Vietnam Co., Ltd.
2020	Deloitte Vietnam Co., Ltd.
2019	Deloitte Vietnam Co., Ltd.

IPO & Listing Consultant

Securities FPT JSCListing Ticker Symbol: FTS

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development:

In July 2011, PVI Reinsurance Corporation - a subsidiary of PVI Holdings, under the Vietnam National Oil and Gas Group was established with the mission of becoming a professional reinsurer with an international brand.
In October 2013, the increase in charter capital to 668 billion VND through equitization was an important milestone in business operations, turning the Company into PVI Reinsurance Joint Stock Corporation, contributing to increasing the Company's retention level and reinsurance capacity.
In May 2016, the General Meeting of Shareholders approved a plan to increase charter capital to continue improving the Company's operating capacity. In 2018, after completing the capital increase, the Company received an adjustment license from the Ministry of Finance, operating with an actual contributed charter capital of 728 billion VND.
In 2019, the Company was approved by the State Securities Commission to become a public company on November 26, 2019 and registered to list on the Hanoi Stock Exchange, contributing to a more transparent image in the eyes of the public,
On September 30, 2020, the Company's shares were approved to be listed on the Hanoi Stock Exchange with the stock code PRE. Then, on December 24, 2020, PRE shares were officially traded on HNX with a reference level of 20,000 VND.
July 20, 2021 marks 10 years since the Company was established and put into operation. Through the Timeline of Establishment & Development, the Company has grown to become an active Reinsurance company in Vietnam and many countries around the world.
In September 2022, the Company received an Adjustment License issued by the Ministry of Finance allowing the Company to expand its activities: Insurance auxiliary services (including: insurance consulting, insurance risk assessment, insurance calculation, insurance loss assessment, support for insurance compensation settlement). Therefore, the company continues to provide more services to the Non-Life Insurance market in Vietnam.
In 2023, the Company was officially licensed by the Ministry of Finance to adjust No. 86/GPDDC4/KDBH on July 20, 2023, recording an increase in charter capital to 1,044 billion VND.
From August 3, 2023, PVI Reinsurance Joint Stock Company (PVI Re) was officially licensed by the Ministry of Finance No. 86/GPDDC5/KDBH to change the company name to Hanoi Reinsurance Joint Stock Corporation (Hanoi Re).

Core Business Sectors: Reinsurance

Permitted business operations:

Business of accepting and ceding reinsurance of non-life insurance operations:

Property insurance and damage insurance;
Insurance of goods transported by road, sea, river, rail and air;
Motor vehicle insurance;
Fire and explosion insurance;
Hull insurance and shipowner's civil liability;
General liability insurance;
Credit insurance and financial risks;
Business loss insurance;
Agricultural insurance;
Other non-life insurance operations are regulated by the Government

Business of accepting and ceding reinsurance of health insurance operations;

Insurance auxiliary services (including: insurance consulting, insurance risk assessment, insurance calculation, insurance loss assessment, support for insurance compensation settlement).

Financial investment according to the provisions of law

Address: Floor 25, PVI Building, Lot VP2, Yen Hoa Housing and Public Works Area, Pham Van Bach, Yen Hoa Ward, Cau Giay District, Hanoi.

Phone: 024 3734 2828 - Fax: 024 3734 2626

Disclosure Officer:

Email: [email protected]/

Website: http://www.hanoire.com/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫1,462	₫1,936	₫1,825	₫2,295
Price-to-Earnings (P/E)	18.53x	13.99x	14.85x	11.81x
Book Value Per Share (BVPS)	₫8,848	₫15,264	₫15,421	₫15,965
Price-to-Book (P/B)	3.06x	1.78x	1.76x	1.70x
Return on Equity (ROE)	16.53%	12.69%	11.83%	14.38%
Return on Assets (ROA)	2.57%	3.44%	2.84%	3.21%
Net Profit Margin	12.73%	14.36%	13.99%	14.02%
Debt-to-Equity Ratio	5.43	2.69	3.16	3.48
Current Ratio	1.02	1.05	1.12	1.01

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuần HĐKD BH (10=03+04)Total net revenue from insurance business

+42.5% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpProfit after tax

+57.0% YoY

TỔNG CỘNG TÀI SẢN (270=100+200)TOTAL ASSETS

+25.6% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu phí bảo hiểm (01= (01.1+01.2-01.3)1. Insurance premium (01=01.1+01.2-01.3)	2,775,761,357,000	2,431,835,154,000	2,411,269,384,000	2,053,277,130,000
- Thu phí bảo hiểm gốc1. Gross written premium	-	-	-	-
- Thu phí nhận tái bảo hiểm2. Reinsurance premium assumed	3,107,031,846,000	2,483,361,110,000	2,457,312,990,000	2,444,143,777,000
- Tăng (giảm) dự phòng phí bảo hiểm gốc và nhận tái bảo hiểm- Increase/(Decrese) in gross unearned premium reserve	331,270,489,000	51,525,955,000	46,043,606,000	390,866,648,000
2. Phí nhượng tái bảo hiểm2. Reinsurance premium ceded	1,354,691,191,000	1,329,542,904,000	1,282,766,939,000	1,127,727,932,000
- Phí nhượng tái bảo hiểm - Reinsurance premium ceded	1,494,285,562,000	1,248,145,108,000	1,397,650,635,000	1,251,570,578,000
- Tăng (giảm) dự phòng phí nhượng tái bảo hiểm-Increase/(Decrease) in ceded unearned premium reserve	139,594,371,000	-81,397,796,000	114,883,696,000	123,842,646,000
Các khoản giảm trừ3. Deductions	-	-	-	-
- Giảm phí Bảo hiểm - Premium deduction	-	-	-	-
- Hoàn phí Bảo hiểm - Premium returns	-	-	-	-
- Các khoản giảm trừ khác - Others	-	-	-	-
Tăng (giảm) dự phòng phí, dự phòng toán học4. Increase (Decrease) in unearned premium reserve and technical reserve	-	-	-	-
3. Doanh thu phí bảo hiểm thuần (03=01-02)3. Net insurance premium (03=01-02)	1,421,070,166,000	1,102,292,250,000	1,128,502,445,000	925,549,197,000
4. Hoa hồng nhượng tái bảo hiểm và doanh thu khác HĐKDBH (04=04.1+04.2)4. Commission on reinsurance ceded and other insurance income (04=04.1+04.2)	287,690,447,000	259,273,322,000	279,191,423,000	273,878,981,000
- Thu hoa hồng nhượng tái Bảo hiểm5. Commissions on reinsurance ceded	251,526,903,000	226,896,165,000	245,054,647,000	246,078,951,000
- Thu khác hoạt động kinh doanh Bảo hiểm6. Other income	36,163,544,000	32,377,157,000	34,136,775,000	27,800,030,000
+ Thu khác nhận tái Bảo hiểm - Income on reinsurance assumed	-	-	-	-
+ Thu khác nhượng tái bảo hiểm - Income on reinsurance ceded	-	-	-	-
+ Thu khác (giám định, đại lý,…) - Income from other activities	36,163,544,000	32,377,157,000	34,136,775,000	27,800,030,000
5. Doanh thu thuần HĐKD BH (10=03+04)7. Total net revenue from insurance business	1,708,760,613,000	1,361,565,572,000	1,407,693,868,000	1,199,428,179,000
5.1. Doanh thuần BH và CCDV7.1.Revenue	-	-	-	-
6. Chi bồi thường11. Claim expenses on retained risks	1,135,391,018,000	833,493,928,000	890,048,684,000	937,436,987,000
- Tổng chi bồi thườngTotal claim expenses	1,135,391,018,000	833,493,928,000	890,048,684,000	937,436,987,000
+ Chi bồi thường bảo hiểm gốc, trả tiền bảo hiểm8. Claim and maturity payment expenses	1,135,391,018,000	833,493,928,000	890,048,684,000	937,436,987,000
+ Chi bồi thường nhận tái bảo hiểm, trả tiền bảo hiểm9. Claim expenses for reinsurance assumed	-	-	-	-
- Các khoản giảm trừ10. Deductions	-	-	-	-
+ Thu đòi người thứ ba bồi hoàn - Subrogation recoveries	-	-	-	-
+ Thu hàng đã xử lý bồi thường 100% - Salvages	-	-	-	-
7. Thu bồi thường nhượng tái bảo hiểm - Recoveries from reinsurance ceded	718,053,438,000	526,928,175,000	464,017,013,000	560,436,292,000
Tăng (giảm) dự phòng toán học (dành riêng BVH)Increase(Decrease) in mathematical reserve	-	-	-	-
8. Tăng (giảm) dự phòng bồi thường bảo hiểm gốc và nhận tái bảo hiểm8. Increase(Decrease) in claim reserves for direct insurance and reinsurance assumed	-80,540,419,000	624,224,855,000	-202,173,142,000	-141,662,263,000
9. Tăng (giảm) dự phòng bồi thường nhượng tái bảo hiểm9. Increase(Decrease) in claim reserves related to reinsurance ceded	-347,990,276,000	349,414,923,000	-277,034,502,000	-170,907,894,000
9.1. Tăng (giảm) dự phòng bồi thường13. Increase in claim reserve	267,449,857,000	274,809,932,000	74,861,360,000	29,245,631,000
10. Tổng chi bồi thường bảo hiểm (15=11-12+13-14)Total claim insurance expenses	684,787,438,000	581,375,685,000	500,893,031,000	406,246,326,000
11. Tăng (giảm) dự phòng dao động lớn14. Provision for catastrophe reserve	48,382,389,000	-47,943,520,000	31,789,871,000	35,777,196,000
Chi bồi thường từ dự phòng dao động lớn12. Claim expenses using catastrophe reserve	-	-	-	-
12. Chi khác hoạt động kinh doanh bảo hiểm15. Other insurance operating expenses	854,375,807,000	758,317,035,000	771,406,267,000	676,303,071,000
- Chi hoa hồng bảo hiểm + Commission	749,048,232,000	651,116,051,000	671,124,646,000	588,278,958,000
- Chi phí khác hoạt động kinh doanh bảo hiểmOther insurance operating expenses	105,327,576,000	107,200,984,000	100,281,620,000	88,024,114,000
+ Chi khác hoạt động kinh doanh bảo hiểm gốc - Other underwriting expenses	105,327,576,000	107,200,984,000	100,281,620,000	88,024,114,000
• Chi giám định tổn thất + Damage assessment expenses	-	-	-	-
• Chi đòi người thứ 3 + Subrogation recovery expenses	-	-	-	-
• Chi xử lý hàng bồi thường 100% + Salvage expenses	-	-	-	-
• Chi đánh giá rủi ro của đối tượng bảo hiểm + Loss adjusting fee, risk assessment	-	-	-	-
• Chi đề phòng hạn chế rủi ro, tổn thất + Risk minimization expenses	-	-	-	-
• Chi khác + Others	105,327,576,000	107,200,984,000	100,281,620,000	88,024,114,000
+ Chi khác hoạt động kinh doanh nhận tái bảo hiểm - Other reinsurance assumed expenses	-	-	-	-
• Chi hoa hồng nhận tái bảo hiểm + Commission	-	-	-	-
• Chi đánh giá rủi ro của đối tượng bảo hiểm + Loss adjusting fee, risk assessment	-	-	-	-
• Chi khác + Others	-	-	-	-
+ Chi hoạt động nhượng tái bảo hiểm - Other reinsurance ceded expenses	-	-	-	-
+ Chi phí trực tiếp kinh doanh hoạt động khác - Other direct operating expenses	-	-	-	-
13. Tổng chi phí hoạt động kinh doanh bảo hiểm16. Total direct insurance operating expenses	1,587,545,634,000	1,291,749,200,000	1,304,089,168,000	1,118,326,594,000
13.1. Giá vốn cung cấp hàng hóa, dịch vụ khác13.1. Cost of providing other goods and services	-	-	-	-
14. Lợi nhuận gộp hoạt động kinh doanh bảo hiểm17. Gross insurance operating profit	121,214,979,000	69,816,372,000	103,604,700,000	81,101,585,000
14.1. Lợi nhuận gộp cung cấp hàng hóa, dịch vụ khác14.1. Gross profit of providing other goods and services	-	-	-	-
14.2. Lợi nhuận thuần hoạt động kinh doanh bảo hiểm20. Profit from insurance operating	-	-	-	-
15. Doanh thu kinh doanh bất động sản đầu tư15. Revenue from properties investment	-	-	-	-
16. Giá vốn bất động sản đầu tư16. Cost of properties investment	-	-	-	-
17. Lợi nhuận từ hoạt động đầu tư bất động sản (22=20-21)17. Profit from properties investment (22=20-21)	-	-	-	-
18. Doanh thu hoạt động tài chính21. Revenue from financial activities	295,806,380,000	274,712,941,000	253,416,943,000	183,581,688,000
19. Chi hoạt động tài chính22. Expenses on financial activities	73,072,720,000	57,096,202,000	58,947,832,000	38,771,123,000
- Dự phòng toán học trích lãi từ đầu tư - Mathematical reserve for investment profit sharing	-	-	-	-
- Dự phòng chia lãi - Dividend reserve	-	-	-	-
- Chi khác hoạt động tài chính - Others	73,072,720,000	57,096,202,000	58,947,832,000	38,771,123,000
20. Lợi nhuận gộp hoạt động tài chính23. Profit form financial activities	222,733,660,000	217,616,739,000	194,469,112,000	144,810,565,000
Chi phí bán hàng18. Selling expenses	-	-	-	-
21. Chi phí quản lý doanh nghiệp19. Administrative expenses	41,969,929,000	46,662,734,000	40,954,851,000	35,631,294,000
22. Lợi nhuận thuần từ hoạt động kinh doanh22. Operating profit	301,978,710,000	240,770,376,000	257,118,961,000	190,280,856,000
23. Thu nhập khác24. Other incomes	-	-	-	-
24. Chi phí khác25. Other expenses	544,421,000	570,529,000	719,666,000	-
25. Lợi nhuận khác26. Other profits	-544,421,000	-570,529,000	-719,666,000	-
Phần lợi nhuận/lỗ từ công ty liên kết liên doanh27. Share of profitin associates and joint ventures	-	-	-	-
26. Tổng lợi nhuận kế toán trước thuế27. Total profit	301,434,288,000	240,199,847,000	256,399,295,000	190,280,856,000
Các khoản điều chỉnh tăng (+) hoặc giảm (-) lợi nhuận để xác định lợi nhuận chịu thuế TNDN28. Increasing or decreasing adjustments to define taxable profit	-	-	-	-
Tổng lợi nhuận trước thuế thu nhập doanh nghiệp29. Total profit before tax	301,434,288,000	240,199,847,000	256,399,295,000	190,280,856,000
Dự phòng đảm bảo cân đối30. Equalization reserve	-	-	-	-
Lợi nhuận chịu thuế thu nhập doanh nghiệp31. Taxable profit	301,434,288,000	240,199,847,000	256,399,295,000	190,280,856,000
27. Chi phí thuế thu nhập hiện hành32. Current corporate income tax expenses	61,824,391,000	49,675,162,000	54,237,612,000	37,620,185,000
28. Chi phí thuế thu nhập hoãn lại33. Deferred income tax expenses (*)	-	-	-	-
29. Lợi nhuận sau thuế thu nhập doanh nghiệp34. Profit after tax	239,609,897,000	190,524,685,000	202,161,683,000	152,660,671,000
30. Lợi ích của cổ đông thiểu số35. Minority interest	-	-	-	-
31. Lợi nhuận sau thuế của cổ đông của Công ty mẹ36. Profit after tax for shareholders of the parent company	239,609,897,000	190,524,685,000	202,161,683,000	152,660,671,000
32. Lãi cơ bản trên cổ phiếu. (VNÐ)37.1 Earning per share (VND)	2,215	1,761	2,240	2,007

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

PRE

Tổng Joint Stock Company Tái Insurance Hà Nội (Hanoi Re)

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

PRE — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality