Hong Leong Fin S41
SGD 2.39
-0.84% -0.02 Updated 23 Oct 2026, 17:16 SGT
Financials
HONG LEONG FINANCE LIMITED — ANNUAL REPORT 2025
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14 tablesStatements of Financial Position
22 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Equity | |||||
| Number of shares in issueshares | 449,687,308 | 448,568,933 | 449,687,308 | 448,568,933 | PDF p. 53 |
| Share capital$’000 | 894,475 | 891,641 | 894,475 | 891,641 | PDF p. 53 |
| Reserves$’000 | 896,970 | 873,060 | 896,970 | 873,060 | PDF p. 53 |
| Accumulated profits$’000 | 324,525 | 342,834 | 320,599 | 339,018 | PDF p. 53 |
| Equity attributable to owners of the Company$’000 | 2,115,970 | 2,107,535 | 2,112,044 | 2,103,719 | PDF p. 53 |
| Liabilities | |||||
| Deposits and balances of customers$’000 | 12,298,987 | 12,300,265 | 12,303,699 | 12,304,858 | PDF p. 53 |
| Borrowings$’000 | 706 | 1,449 | 706 | 1,449 | PDF p. 53 |
| Trade and other payables$’000 | 331,076 | 201,916 | 329,728 | 200,599 | PDF p. 53 |
| Current tax payable$’000 | 11,546 | 19,134 | 11,536 | 19,120 | PDF p. 53 |
| Deferred tax liabilities$’000 | 4,911 | 3,591 | 4,911 | 3,591 | PDF p. 53 |
| Financial position | |||||
| Total liabilities$’000 | 12,647,226 | 12,526,355 | 12,650,580 | 12,529,617 | PDF p. 53 |
| Total equity and liabilities$’000 | 14,763,196 | 14,633,890 | 14,762,624 | 14,633,336 | PDF p. 53 |
| Assets | |||||
| Cash at banks and in hand$’000 | 514,186 | 772,045 | 513,079 | 770,957 | PDF p. 53 |
| Statutory deposit with the Monetary Authority of Singapore$’000 | 341,649 | 336,926 | 341,649 | 336,926 | PDF p. 53 |
| Singapore Government debt securities and MAS bills$’000 | 1,735,275 | 1,777,106 | 1,735,275 | 1,777,106 | PDF p. 53 |
| Loans, advances and receivables$’000 | 12,098,434 | 11,667,726 | 12,098,434 | 11,667,726 | PDF p. 53 |
| Other receivables, deposits and prepayments$’000 | 13,083 | 16,611 | 13,083 | 16,610 | PDF p. 53 |
| Subsidiaries$’000 | – | – | 535 | 535 | PDF p. 53 |
| Investments (long-term)$’000 | – | – | – | – | PDF p. 53 |
| Property, plant and equipment$’000 | 60,569 | 63,476 | 60,569 | 63,476 | PDF p. 53 |
| Financial position | |||||
| Total assets$’000 | 14,763,196 | 14,633,890 | 14,762,624 | 14,633,336 | PDF p. 53 |
| Off balance sheet | |||||
| Acceptances, guarantees and other obligations on behalf of customers$’000 | 449 | 449 | 449 | 449 | PDF p. 53 |
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Definitions & sources
Original report: PDF p. 53 ↗
Consolidated Statement of Comprehensive Income
20 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Profit and loss account | |||
| Interest on loans$’000 | 311,914 | 447,469 | PDF p. 54 |
| Hiring charges$’000 | 71,835 | 57,347 | PDF p. 54 |
| Other interest income$’000 | 60,958 | 88,478 | PDF p. 54 |
| Interest income/hiring charges$’000 | 444,707 | 593,294 | PDF p. 54 |
| Interest expense$’000 | 276,134 | 368,242 | PDF p. 54 |
| Net interest income/hiring charges$’000 | 168,573 | 225,052 | PDF p. 54 |
| Fee and commission income$’000 | 14,697 | 8,105 | PDF p. 54 |
| Other operating income$’000 | 170 | 126 | PDF p. 54 |
| Income before operating expenses$’000 | 183,440 | 233,283 | PDF p. 54 |
| Staff costs$’000 | 81,859 | 81,461 | PDF p. 54 |
| Depreciation of property, plant and equipment$’000 | 9,293 | 8,495 | PDF p. 54 |
| Other operating expenses$’000 | 21,038 | 18,847 | PDF p. 54 |
| Total operating expenses$’000 | 112,190 | 108,803 | PDF p. 54 |
| Profit from operations before allowances$’000 | 71,250 | 124,480 | PDF p. 54 |
| Reversal or recovery of allowances for doubtful debts and other financial assets$’000 | 4,255 | 284 | PDF p. 54 |
| Profit before income tax$’000 | 75,505 | 124,764 | PDF p. 54 |
| Income tax expense$’000 | 12,789 | 20,681 | PDF p. 54 |
| Profit for the year/Comprehensive income attributable to owners of the Company$’000 | 62,716 | 104,083 | PDF p. 54 |
| Earnings per share (cents) | |||
| Basiccents per share | 13.97 | 23.20 | PDF p. 54 |
| Dilutedcents per share | 13.95 | 23.19 | PDF p. 54 |
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Definitions & sources
Original report: PDF p. 54 ↗
Group Statement of Changes in Equity — 2024 movements
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024GroupShare capital | 2024GroupStatutory reserve | 2024GroupCapital reserve | 2024GroupShare option reserve | 2024GroupRegulatory loss allowance reserve | 2024GroupAccumulated profits | 2024GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group equity movements; columns are Share capital, Statutory reserve, Capital reserve, Share option reserve, Regulatory loss allowance reserve, Accumulated profits, Total equity | ||||||||
| At 1 January 2024$’000 | 891,578 | 822,015 | 2,307 | 2,090 | 15,135 | 327,155 | 2,060,280 | PDF p. 54 |
| Group equity movements | ||||||||
| Issue of shares under share option scheme$’000 | 59 | 59 | PDF p. 54 | |||||
| Value of employee services received for issue of share options$’000 | 305 | 305 | PDF p. 54 | |||||
| Value of employee services transferred for share options exercised or lapsed$’000 | 4 | (451) | 447 | – | PDF p. 54 | |||
| Final dividend of 9 cents per share (tax exempt one-tier) paid in respect of year 2023$’000 | (40,371) | (40,371) | PDF p. 54 | |||||
| Interim dividend of 3.75 cents per share (tax exempt one-tier) paid in respect of year 2024$’000 | (16,821) | (16,821) | PDF p. 54 | |||||
| Adjustment under MAS 811$’000 | 5,638 | (5,638) | – | PDF p. 54 | ||||
| Comprehensive income for the year$’000 | 104,083 | 104,083 | PDF p. 54 | |||||
| Transfer to Statutory reserve$’000 | 26,021 | (26,021) | – | PDF p. 54 | ||||
| Group equity movements; closing balance | ||||||||
| At 31 December 2024$’000 | 891,641 | 848,036 | 2,307 | 1,944 | 20,773 | 342,834 | 2,107,535 | PDF p. 54 |
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Definitions & sources
Original report: PDF p. 54 ↗
Group Statement of Changes in Equity — 2025 movements
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupShare capital | 2025GroupStatutory reserve | 2025GroupCapital reserve | 2025GroupShare option reserve | 2025GroupRegulatory loss allowance reserve | 2025GroupAccumulated profits | 2025GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group equity movements; opening balance | ||||||||
| At 1 January 2025$’000 | 891,641 | 848,036 | 2,307 | 1,944 | 20,773 | 342,834 | 2,107,535 | PDF p. 54 |
| Group equity movements | ||||||||
| Issue of shares under share option scheme$’000 | 2,671 | 2,671 | PDF p. 54 | |||||
| Value of employee services received for issue of share options$’000 | 262 | 262 | PDF p. 54 | |||||
| Value of employee services transferred for share options exercised or lapsed$’000 | 163 | (329) | 166 | – | PDF p. 54 | |||
| Final dividend of 10 cents per share (tax exempt one-tier) paid in respect of year 2024$’000 | (44,865) | (44,865) | PDF p. 54 | |||||
| Interim dividend of 2.75 cents per share (tax exempt one-tier) paid in respect of year 2025$’000 | (12,349) | (12,349) | PDF p. 54 | |||||
| Adjustment under MAS 811$’000 | 8,297 | (8,297) | – | PDF p. 54 | ||||
| Comprehensive income for the year$’000 | 62,716 | 62,716 | PDF p. 54 | |||||
| Transfer to Statutory reserve$’000 | 15,680 | (15,680) | – | PDF p. 54 | ||||
| Group equity movements; closing balance | ||||||||
| At 31 December 2025$’000 | 894,475 | 863,716 | 2,307 | 1,877 | 29,070 | 324,525 | 2,115,970 | PDF p. 54 |
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Definitions & sources
Original report: PDF p. 54 ↗
Company Statement of Changes in Equity — 2024 movements
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024CompanyShare capital | 2024CompanyStatutory reserve | 2024CompanyCapital reserve | 2024CompanyShare option reserve | 2024CompanyRegulatory loss allowance reserve | 2024CompanyAccumulated profits | 2024CompanyTotal equity | Source |
|---|---|---|---|---|---|---|---|---|
| Company equity movements; columns are Share capital, Statutory reserve, Capital reserve, Share option reserve, Regulatory loss allowance reserve, Accumulated profits, Total equity | ||||||||
| At 1 January 2024$’000 | 891,578 | 822,015 | 2,307 | 2,090 | 15,135 | 323,492 | 2,056,617 | PDF p. 55 |
| Company equity movements | ||||||||
| Issue of shares under share option scheme$’000 | 59 | 59 | PDF p. 55 | |||||
| Value of employee services received for issue of share options$’000 | 305 | 305 | PDF p. 55 | |||||
| Value of employee services transferred for share options exercised or lapsed$’000 | 4 | (451) | 447 | – | PDF p. 55 | |||
| Final dividend of 9 cents per share (tax exempt one-tier) paid in respect of year 2023$’000 | (40,371) | (40,371) | PDF p. 55 | |||||
| Interim dividend of 3.75 cents per share (tax exempt one-tier) paid in respect of year 2024$’000 | (16,821) | (16,821) | PDF p. 55 | |||||
| Adjustment under MAS 811$’000 | 5,638 | (5,638) | – | PDF p. 55 | ||||
| Comprehensive income for the year$’000 | 103,930 | 103,930 | PDF p. 55 | |||||
| Transfer to Statutory reserve$’000 | 26,021 | (26,021) | – | PDF p. 55 | ||||
| Company equity movements; closing balance | ||||||||
| At 31 December 2024$’000 | 891,641 | 848,036 | 2,307 | 1,944 | 20,773 | 339,018 | 2,103,719 | PDF p. 55 |
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Definitions & sources
Original report: PDF p. 55 ↗
Company Statement of Changes in Equity — 2025 movements
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025CompanyShare capital | 2025CompanyStatutory reserve | 2025CompanyCapital reserve | 2025CompanyShare option reserve | 2025CompanyRegulatory loss allowance reserve | 2025CompanyAccumulated profits | 2025CompanyTotal equity | Source |
|---|---|---|---|---|---|---|---|---|
| Company equity movements; opening balance | ||||||||
| At 1 January 2025$’000 | 891,641 | 848,036 | 2,307 | 1,944 | 20,773 | 339,018 | 2,103,719 | PDF p. 55 |
| Company equity movements | ||||||||
| Issue of shares under share option scheme$’000 | 2,671 | 2,671 | PDF p. 55 | |||||
| Value of employee services received for issue of share options$’000 | 262 | 262 | PDF p. 55 | |||||
| Value of employee services transferred for share options exercised or lapsed$’000 | 163 | (329) | 166 | – | PDF p. 55 | |||
| Final dividend of 10 cents per share (tax exempt one-tier) paid in respect of year 2024$’000 | (44,865) | (44,865) | PDF p. 55 | |||||
| Interim dividend of 2.75 cents per share (tax exempt one-tier) paid in respect of year 2025$’000 | (12,349) | (12,349) | PDF p. 55 | |||||
| Adjustment under MAS 811$’000 | 8,297 | (8,297) | – | PDF p. 55 | ||||
| Comprehensive income for the year$’000 | 62,606 | 62,606 | PDF p. 55 | |||||
| Transfer to Statutory reserve$’000 | 15,680 | (15,680) | – | PDF p. 55 | ||||
| Company equity movements; closing balance | ||||||||
| At 31 December 2025$’000 | 894,475 | 863,716 | 2,307 | 1,877 | 29,070 | 320,599 | 2,112,044 | PDF p. 55 |
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Original report: PDF p. 55 ↗
Consolidated Statement of Cash Flows
31 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Operating activities | |||
| Profit for the year$’000 | 62,716 | 104,083 | PDF p. 55 |
| Operating activities; Adjustments for | |||
| Impact of accrual of interest income$’000 | 2,654 | 1,871 | PDF p. 55 |
| Impact of accrual of interest expense$’000 | (27,401) | (15,978) | PDF p. 55 |
| (Reversal)/allowances for impairment loss on loans, advances and receivables$’000 | (4,121) | 258 | PDF p. 55 |
| Interest expense on lease liabilities$’000 | 1,273 | 1,254 | PDF p. 55 |
| Interest expense on borrowings$’000 | 23 | 102 | PDF p. 55 |
| Depreciation of property, plant and equipment$’000 | 9,293 | 8,495 | PDF p. 55 |
| Value of employee services received for issue of share options$’000 | 262 | 305 | PDF p. 55 |
| Loss on disposal of property, plant and equipment$’000 | 5 | – | PDF p. 55 |
| Income tax expense$’000 | 12,789 | 20,681 | PDF p. 55 |
| Operating activities | |||
| Subtotal$’000 | 57,493 | 121,071 | PDF p. 55 |
| Operating activities; Changes in working capital | |||
| Changes in working capital: Loans, advances and receivables$’000 | (426,587) | (8,569) | PDF p. 55 |
| Other receivables, deposits and prepayments$’000 | 874 | 9,576 | PDF p. 55 |
| Singapore Government debt securities, MAS Bills and MAS Floating Rate Note (“FRN”)$’000 | 41,831 | (67,094) | PDF p. 55 |
| Deposits and balances of customers$’000 | (1,278) | (347,669) | PDF p. 55 |
| Trade and other payables$’000 | 160,116 | 2,964 | PDF p. 55 |
| Operating activities | |||
| Cash used in operations$’000 | (167,551) | (289,721) | PDF p. 55 |
| Income taxes paid$’000 | (19,057) | (17,552) | PDF p. 55 |
| Cash flows used in operating activities$’000 | (186,608) | (307,273) | PDF p. 55 |
| Investing activities | |||
| Purchase of property, plant and equipment$’000 | (3,795) | (1,868) | PDF p. 55 |
| Cash flows used in investing activities$’000 | (3,795) | (1,868) | PDF p. 55 |
| Financing activities | |||
| Payment for lease liabilities$’000 | (6,151) | (6,061) | PDF p. 55 |
| Proceeds from exercise of share options$’000 | 2,671 | 59 | PDF p. 55 |
| Proceeds from borrowings$’000 | – | 10,564 | PDF p. 55 |
| Repayment of borrowings$’000 | (743) | (27,037) | PDF p. 55 |
| Interest paid$’000 | (1,296) | (1,356) | PDF p. 55 |
| Dividends paid$’000 | (57,214) | (57,192) | PDF p. 55 |
| Cash flows used in financing activities$’000 | (62,733) | (81,023) | PDF p. 55 |
| Cash and cash equivalents | |||
| Net decrease in cash and cash equivalents$’000 | (253,136) | (390,164) | PDF p. 55 |
| Cash and cash equivalents at beginning of year$’000 | 1,108,971 | 1,499,135 | PDF p. 55 |
| Cash and cash equivalents at end of year$’000 | 855,835 | 1,108,971 | PDF p. 55 |
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Definitions & sources
Original report: PDF p. 55 ↗
Five-Year Financial Summary
14 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2023Group | 2022Group | 2021Group | Source |
|---|---|---|---|---|---|---|
| Capital employed | ||||||
| Total assets$million | 14,763 | 14,634 | 14,957 | 14,276 | 12,952 | PDF p. 7 |
| Net equity$million | 2,116 | 2,108 | 2,060 | 2,041 | 1,963 | PDF p. 7 |
| Net assets per share$ per share | 4.71 | 4.70 | 4.59 | 4.55 | 4.38 | PDF p. 7 |
| Share capital | ||||||
| Number of shares in issuemillion shares | 449.7 | 448.6 | 448.5 | 448.1 | 447.8 | PDF p. 7 |
| Loans and deposits | ||||||
| Loans net of allowances$million | 12,098 | 11,668 | 11,659 | 11,651 | 10,695 | PDF p. 7 |
| Deposits$million | 12,299 | 12,300 | 12,648 | 12,030 | 10,807 | PDF p. 7 |
| Profit and retained earnings | ||||||
| Profit before tax$million | 75.5 | 124.8 | 112.0 | 157.1 | 101.9 | PDF p. 7 |
| Profit after tax$million | 62.7 | 104.1 | 93.4 | 130.9 | 84.8 | PDF p. 7 |
| Interim/final dividend(s) declared in the year$million | 57.2 | 57.2 | 75.1 | 53.8 | 41.4 | PDF p. 7 |
| Earnings retained for the year$million | 5.5 | 46.9 | 18.3 | 77.1 | 43.4 | PDF p. 7 |
| Earnings per share and dividends | ||||||
| Earnings per sharecents | 14.0 | 23.2 | 20.8 | 29.2 | 18.9 | PDF p. 7 |
| Dividend – tax exempt one-tier*cents | 8.90 | 13.75 | 12.5 | 17.0 | 12.0 | PDF p. 7 |
| Times covered*times | 1.6 | 1.7 | 1.7 | 1.7 | 1.6 | PDF p. 7 |
| Employees | ||||||
| Number of Employeesemployees | 636 | 632 | 619 | 606 | 608 | PDF p. 7 |
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Definitions & sources
Original report: PDF p. 7 ↗
Dividend per share and times covered are based on interim/final dividends declared/proposed in respect of each financial year. Dividends in the accounting figures are accounted for in the year declared regardless of the financial year to which they relate.
Selected Profit and Loss Items
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Variance 2025 versus 2024 | Source |
|---|---|---|---|---|
| Selected Profit and Loss Items | ||||
| Net interest income/hiring charges$ million (first two columns); variance (%) | 168.5 | 225.1 | (25.1) | PDF p. 43 |
| Fee and commission income$ million (first two columns); variance (%) | 14.7 | 8.1 | 81.3 | PDF p. 43 |
| Other operating income$ million (first two columns); variance (%) | 0.2 | 0.1 | 34.9 | PDF p. 43 |
| Income before operating expenses$ million (first two columns); variance (%) | 183.4 | 233.3 | (21.4) | PDF p. 43 |
| Less: Operating expenses$ million (first two columns); variance (%) | 112.2 | 108.8 | 3.1 | PDF p. 43 |
| Profit from operations before allowances$ million (first two columns); variance (%) | 71.2 | 124.5 | (42.8) | PDF p. 43 |
| Add: Reversal or recovery of allowances for doubtful debts and other financial assets$ million (first two columns); variance (%) | 4.3 | 0.3 | >100 | PDF p. 43 |
| Profit before tax$ million (first two columns); variance (%) | 75.5 | 124.8 | (39.5) | PDF p. 43 |
| Profit after tax attributable to owners$ million (first two columns); variance (%) | 62.7 | 104.1 | (39.7) | PDF p. 43 |
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Definitions & sources
Original report: PDF p. 43 ↗
Variance is calculated based on actual figures before rounding; rounded displayed figures may not reproduce the printed variance.
Selected Balance Sheet Items
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Variance 2025 versus 2024 | Source |
|---|---|---|---|---|
| Selected Balance Sheet Items | ||||
| Loans, advances and receivables (net of allowances)$ million (first two columns); variance (%) | 12,098 | 11,668 | 3.7 | PDF p. 43 |
| Deposits and balances of customers$ million (first two columns); variance (%) | 12,299 | 12,300 | (0.01) | PDF p. 43 |
| Total assets$ million (first two columns); variance (%) | 14,763 | 14,634 | 0.9 | PDF p. 43 |
| Total liabilities$ million (first two columns); variance (%) | 12,647 | 12,526 | 1.0 | PDF p. 43 |
| Total equity$ million (first two columns); variance (%) | 2,116 | 2,108 | 0.4 | PDF p. 43 |
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Definitions & sources
Original report: PDF p. 43 ↗
Variance is calculated based on actual figures before rounding.
Key Ratios and Per-Share Data
14 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Key Financial Ratios | |||
| Net interest margin (%)% | 1.2 | 1.6 | PDF p. 43 |
| Net interest income/total income (%)% | 91.9 | 96.5 | PDF p. 43 |
| Non-interest income/total income (%)% | 8.1 | 3.5 | PDF p. 43 |
| Cost/income ratio (%)% | 61.2 | 46.6 | PDF p. 43 |
| Loans/deposits ratio (%)% | 98 | 95 | PDF p. 43 |
| Non-performing loans ratio (%) | |||
| - Secured by collateral% | 0.4 | 0.4 | PDF p. 43 |
| - Unsecured and fully provided for~% | – | – | PDF p. 43 |
| Key Financial Ratios | |||
| Return on equity (%)% | 3.0 | 5.0 | PDF p. 43 |
| Return on assets (%)% | 0.4 | 0.7 | PDF p. 43 |
| Capital adequacy ratio (%)% | 16.1 | 16.3 | PDF p. 43 |
| Earnings per share (cents) | |||
| - per basic sharecents | 14.0 | 23.2 | PDF p. 43 |
| - per diluted sharecents | 14.0 | 23.2 | PDF p. 43 |
| Net assets per share ($) | |||
| - per basic share$ | 4.71 | 4.70 | PDF p. 43 |
| - per diluted share$ | 4.57 | 4.56 | PDF p. 43 |
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Definitions & sources
Original report: PDF p. 43 ↗
The ~ marker means ratio less than 0.1%; the original dash is retained and is not replaced by zero.
Dividend per share (tax exempt)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Dividend per share (tax exempt) | |||
| - interimcents | 2.75 | 3.75 | PDF p. 44 |
| - finalcents | 6.15 | 10.00 | PDF p. 44 |
| Totalcents | 8.90 | 13.75 | PDF p. 44 |
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Definitions & sources
Original report: PDF p. 44 ↗
The 2025 final dividend of 6.15 cents was proposed and subject to shareholder approval at the forthcoming Annual General Meeting; the interim 2.75 cents was paid on 5 September 2025.
Financial Highlights infographic
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Financial Highlights infographic | |||
| Total assets$million | 14,763 | 14,634 | PDF p. 7 |
| Loans net of allowances$million | 12,098 | 11,668 | PDF p. 7 |
| Deposits$million | 12,299 | 12,300 | PDF p. 7 |
| Profit before tax$million | 75.5 | 124.8 | PDF p. 7 |
| Profit after tax$million | 62.7 | 104.1 | PDF p. 7 |
| Earnings per sharecents | 14.0 | 23.2 | PDF p. 7 |
| Interim/final dividend(s) declared in the year$million | 57.2 | 57.2 | PDF p. 7 |
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Definitions & sources
Original report: PDF p. 7 ↗
This chart reports interim/final dividends declared in the year; it is not the total dividend attributed to that financial year.
Average balance, interest and average rate
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group — Average Balance | 2025Group — Interest | 2025Group — Average Rate | 2024Group — Average Balance | 2024Group — Interest | 2024Group — Average Rate | Source |
|---|---|---|---|---|---|---|---|
| Interest-bearing Assets | |||||||
| Loans, advances and receivablesAverage balance and interest: SGD millions; average rate: % | 11,667 | 383.8 | 3.3 | 11,526 | 504.8 | 4.4 | PDF p. 44 |
| Singapore Government debt securities, MAS Bills and MAS Floating Rate NoteAverage balance and interest: SGD millions; average rate: % | 1,655 | 42.2 | 2.5 | 1,770 | 59.8 | 3.4 | PDF p. 44 |
| Other assetsAverage balance and interest: SGD millions; average rate: % | 848 | 18.7 | 2.2 | 837 | 28.7 | 3.4 | PDF p. 44 |
| TotalAverage balance and interest: SGD millions; average rate: % | 14,170 | 444.7 | 3.1 | 14,133 | 593.3 | 4.2 | PDF p. 44 |
| Interest-bearing Liabilities | |||||||
| Deposits and balances of customersAverage balance and interest: SGD millions; average rate: % | 12,253 | 274.9 | 2.2 | 12,205 | 366.9 | 3.0 | PDF p. 44 |
| Borrowings from MAS SGD Facility for ESG (secured)Average balance and interest: SGD millions; average rate: % | – | – | – | 7 | 0.1 | 0.9 | PDF p. 44 |
| Borrowings from Enterprise Singapore (unsecured)Average balance and interest: SGD millions; average rate: % | 1 | 0.0 ~ | 2.2 | 2 | 0.0 ~ | 2.2 | PDF p. 44 |
| TotalAverage balance and interest: SGD millions; average rate: % | 12,254 | 274.9 | 2.2 | 12,214 | 367.0 | 3.0 | PDF p. 44 |
| Net interest income/margin | |||||||
| Net interest income/margin as a percentage of interest-bearing assetsAverage balance and interest: SGD millions; average rate: % | – | 169.8 # | 1.2 | – | 226.3 # | 1.6 | PDF p. 44 |
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Definitions & sources
Original report: PDF p. 44 ↗
~ Amount less than SGD 0.1 million; the printed 0.0 is rounded and must not be interpreted as exact zero.
# Net interest is before deducting interest expense on lease liabilities of SGD 1.3 million (2024: SGD 1.2 million).
Debt
Borrowings
Liquidity risk contractual maturity – Group, 31 December
| Item / unit | 2025Group Carrying amount $'000 | 2025Group Gross nominal outflow $'000 | 2025Group Up to 1 month $'000 | 2025Group Over 1 month to 3 months $'000 | 2025Group Over 3 months to 1 year $'000 | 2025Group Over 1 year to 5 years $'000 | 2025Group More than 5 years $'000 | 2024Group Carrying amount $'000 | 2024Group Gross nominal outflow $'000 | 2024Group Up to 1 month $'000 | 2024Group Over 1 month to 3 months $'000 | 2024Group Over 3 months to 1 year $'000 | 2024Group Over 1 year to 5 years $'000 | 2024Group More than 5 years $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-derivative financial liabilities | |||||||||||||||
| Borrowings from Enterprise Singapore$'000 | 706 | (731) | (127) | (92) | (355) | (157) | – | 1,449 | (1,475) | (130) | (127) | (566) | (652) | – | PDF p. 77 |
| Lease liabilities$'000 | 40,340 | (43,960) | (642) | (1,267) | (5,553) | (28,121) | (8,377) | 43,897 | (48,636) | (617) | (1,235) | (5,390) | (27,095) | (14,299) | PDF p. 77 |
Notes
Company figures for the same items are identical to Group on the facing half of the page.
Borrowing notes 4 tables
Borrowings
| Item / unit | 2025$'000 | 2024$'000 | Source |
|---|---|---|---|
| Borrowings from Enterprise Singapore (unsecured, non-current) | |||
| Due after 12 months$'000 | 152 | 641 | PDF p. 66 |
| Borrowings from Enterprise Singapore (unsecured, current) | |||
| Due within 12 months$'000 | 554 | 808 | PDF p. 66 |
| Borrowings from Enterprise Singapore | |||
| Total borrowings$'000 | 706 | 1,449 | PDF p. 66 |
Notes
Borrowings from Enterprise Singapore represents unsecured advances from Enterprise Singapore under the Local Enterprise Finance Scheme (“LEFS”) and Extended Local Enterprise Finance Scheme (“ELEFS”) to finance LEFS and ELEFS borrowers. The interest rates and repayment periods vary in accordance with the type, purpose and security of the facilities granted under these schemes. Credit risks are shared with Enterprise Singapore.
Borrowings from MAS SGD Facility for ESG loans are secured by assignment of eligible loan agreements as collaterals under Enterrpise Singapore’s Enhanced Enterprise Financing Scheme.
Borrowings from MAS SGD Term Facility are secured by debt securities as collaterals.
There are no bank borrowings, borrowings from MAS SGD Facility for ESG loans and borrowings from MAS SGD Term Facility as at 31 December 2025 (31 December 2024: $Nil).
No specific interest rate figures or currency denomination are printed; borrowings are presumably SGD but this is not stated for Enterprise Singapore advances.
Trade and other payables – Lease liabilities
| Item / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Due after 12 months | |||||
| Lease liabilities$'000 | 33,975 | 37,906 | 33,975 | 37,906 | PDF p. 67 |
| Due within 12 months | |||||
| Lease liabilities$'000 | 6,365 | 5,991 | 6,365 | 5,991 | PDF p. 67 |
Notes
Lease liabilities are presented within trade and other payables.
Reconciliation of lease liabilities
| Item / unit | 2025$'000 | 2024$'000 | Source |
|---|---|---|---|
| Lease Liabilities | |||
| Balance as at 31 December$'000 | 40,340 | 43,897 | PDF p. 67 |
Repricing analysis – Group financial liabilities, 31 December
| Item / unit | 2025Group Carrying amount $'000 | 2025Group Up to 1 year $'000 | 2025Group Over 1 to 5 years $'000 | 2025Group After 5 years $'000 | 2025Group Non-interest bearing $'000 | 2024Group Carrying amount $'000 | 2024Group Up to 1 year $'000 | 2024Group Over 1 to 5 years $'000 | 2024Group After 5 years $'000 | 2024Group Non-interest bearing $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities | |||||||||||
| Borrowings from Enterprise Singapore$'000 | 706 | 554 | 152 | – | – | 1,449 | 808 | 641 | – | – | PDF p. 78 |
| Lease liabilities$'000 | 40,340 | – | – | – | 40,340 | 43,897 | – | – | – | 43,897 | PDF p. 78 |
Notes
Note reference column prints 7 and 8 respectively.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company has a formalised dividend policy which aims to pay dividends twice a year, at rates which balance returns to shareholders with prudent capital and financial management. | Company | PDF p. 23 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| - interim | 2.75 cents per share | FY2025 interim dividend, tax exempt one-tier | PDF p. 44 |
| - final | 6.15 cents per share | FY2025 proposed final dividend, tax exempt one-tier | PDF p. 44 |
| Total | 8.90 cents per share | FY2025 total dividend, tax exempt one-tier | PDF p. 44 |
| - interim | 3.75 cents per share | FY2024 interim dividend, tax exempt one-tier (comparative) | PDF p. 44 |
| - final | 10.00 cents per share | FY2024 final dividend, tax exempt one-tier (comparative) | PDF p. 44 |
| Total | 13.75 cents per share | FY2024 total dividend, tax exempt one-tier (comparative) | PDF p. 44 |
| Interim dividend payment date | 5 September 2025 | FY2025 interim dividend | PDF p. 44 |
| Final Dividend payment date | 21 May 2026 | FY2025 proposed final dividend, if approved | PDF p. 87 |
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| dividend payout ratio | 63.8% | FY2025 | PDF p. 44 |
| dividend payout ratio | 59.3% | FY2024 (comparative) | PDF p. 44 |
Extracted from HONG LEONG FINANCE LIMITED — ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
REIT, bank & sector ratios
Key metrics
Bank metrics
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Net interest margin (%) | 1.2% | Group, year ended 31 December 2025; comparative 2024: 1.6 | PDF p. 43 |
| Loans/deposits ratio (%) | 98% | Group, 2025; comparative 2024: 95 | PDF p. 43 |
| - Secured by collateral | 0.4% | Group, 2025; comparative 2024: 0.4 | PDF p. 43 |
| - Unsecured and fully provided for~ | –% | Group, 2025; comparative 2024: – | PDF p. 43 |
| Capital adequacy ratio (%) | 16.1% | Group, as at 31 December 2025; comparative 2024: 16.3 · As at 2025-12-31 | PDF p. 43 |
Extracted from HONG LEONG FINANCE LIMITED — ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Engagement partner | Tan Chun Wei (Chen Junwei) | Group and Company, year ended 31 December 2025 | PDF p. 53 |
| Opinion | true and fair view | Group and Company, year ended 31 December 2025 | PDF p. 51 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment of loans, advances and receivables | The determination of expected credit losses (ECL) is inherently subjective and requires significant judgment, given the elevated estimation uncertainty caused by current macroeconomic and geopolitical conditions. | Group, year ended 31 December 2025 | PDF p. 51 |
Extracted from HONG LEONG FINANCE LIMITED — ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow HONG LEONG FINANCE LIMITED — ANNUAL REPORT 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Historical comparison figures shown are those in the FY2025 report; standalone original historical reports still require backfill.
No separate Company profit or loss or cash-flow statement is presented; Company financial position and equity statements are preserved.
An original dash is not zero. Blank equity components are original blank cells with source-region absence proof.
Top20 shareholders are not inferred to be registered shareholders.
Primary financial statements are in SGD thousands except explicitly printed shares, cents, SGD per share, millions, ratios and percentages. Equity component columns retain actual Group/Company and year.
Printed dash is not assigned zero. Original blank equity slots and unlabeled cash-flow subtotal are preserved. Rounded source variances may not equal calculations on rounded displayed amounts.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.