Reported Q: Q4 2025 Rev YoY: +117.7% EPS YoY: +31.6% Move: -0.31%
ZhongAn Online P C
1ZO.VI
โ‚ฌ2.57 -0.31%
Exchange VIE Sector Financial Services Industry Insurance Property Casualty
Q4 2025
Published: Dec 31, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for 1ZO.VI

Reported

Report Date

Dec 31, 2025

Quarter Q4 2025

Revenue

19.39B

YoY: +117.7%

EPS

0.25

YoY: +31.6%

Market Move

-0.31%

Previous quarter: Q2 2025

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Earnings Highlights

  • Revenue of $19.39B up 117.7% year-over-year
  • EPS of $0.25 increased by 31.6% from previous year
  • Gross margin of 100.0%
  • Net income of 426.80M
  • "" -
1ZO.VI
Company 1ZO.VI

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Executive Summary

ZhongAn Online P&C Insurance delivered a notable revenue rebound in Q4 2025, with quarterly revenue of 19.39 billion CNY, up meaningfully from the prior-year period. The companyโ€™s top-line growth contributed to an improved quarterly net income of 426.8 million CNY and earnings per share of 0.25, supported by a favorable, though unusual, gross profit balance. However, the quarter was characterized by a substantial charge category labeled other expenses totaling 18.64 billion CNY, which dwarfs operating costs and presents a key question for profitability sustainability and earnings quality. The combination of strong revenue momentum and persistent margin headwinds suggests that ZhongAn remains in an expansion phase, leveraging its insurtech platform to capture scale while grappling with non-operating or non-recurring cost pressures that weigh on profitability.

From a cash-flow perspective, ZhongAn generated 1.71 billion CNY of operating cash flow and 1.59 billion CNY of free cash flow in the quarter, underscoring meaningful cash generation even as leverage remains a consideration. The balance sheet shows robust equity (2.546 trillion CNY) and a cash cushion of about 3.38 billion CNY at quarter-end, offset by total debt of approximately 8.55 billion CNY and net debt of about 5.17 billion CNY. The company issued a sizable amount of common stock (approximately 3.49 billion CNY) during the period, signaling capital-raising activity to support growth and liquidity needs. Looking ahead, management commentary is not included in the provided data; consequently, the forward-looking view relies on quantitative trends, industry context, and typical insurtech growth dynamics in China.

Key Performance Indicators

Revenue
Increasing
19.39B
QoQ: 22.94% | YoY: 117.70%
Gross Profit
Increasing
19.39B
1.00% margin
QoQ: 22.94% | YoY: 117.70%
Operating Income
Decreasing
753.22M
QoQ: -94.41% | YoY: -90.32%
Net Income
Increasing
426.80M
QoQ: -36.07% | YoY: 55.77%
EPS
Increasing
0.25
QoQ: -45.65% | YoY: 31.58%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2025 19,391.45 0.25 +117.7% View
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