ZhongAn Online P C
6060.HK
HKD15.10 0.33%
Exchange: HKSE | Sector: Financial Services | Industry: Insurance Property Casualty
Q1 2025
Published: Mar 31, 2025

Earnings Highlights

  • Revenue of $7.89B down 0.9% year-over-year
  • EPS of $0.23 increased by 1% from previous year
  • Gross margin of 100.0%
  • Net income of 333.78M
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6060.HK
Company 6060.HK

Executive Summary

ZhongAn Online P&C Insurance posted QQ1 2025 revenue of 7.887 billion CNY, with gross profitability essentially matching revenue (gross margin reported at 100%). Core operating profitability remained strong, as operating income reached 6.733 billion CNY and the operating income margin stood at approximately 85.38% of revenue. However, a substantial negative contribution from total other income and expenses net (-6.364 billion CNY) materially dampened pretax earnings, producing a pretax income of 370.1 million CNY and a net income of 333.8 million CNY for the quarter. The result is a striking example of earnings volatility driven by non-operating items rather than core underwriting performance.

Key Performance Indicators

Revenue
Decreasing
7.89B
QoQ: -11.46% | YoY: -0.87%
Gross Profit
Decreasing
7.89B
1.00% margin
QoQ: -11.46% | YoY: -0.87%
Operating Income
Decreasing
6.73B
QoQ: -13.43% | YoY: -4.02%
Net Income
Increasing
333.78M
QoQ: 21.82% | YoY: 1 103.54%
EPS
Increasing
0.23
QoQ: 21.05% | YoY: 1 116.93%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 15,772.98 0.46 +77.1% View
Q1 2025 7,886.49 0.23 -0.9% View
Q4 2024 8,907.55 0.19 +16.7% View
Q3 2024 8,907.55 0.19 +16.7% View