HKG:1339 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	580,634	570,717	537,709	503,900	468,802	529,891
Total Interest & Dividend Income	5,967	69	1,533	17,086	10,713	38,708
Gain (Loss) on Sale of Investments	33,808	33,781	25,166	-13,565	-5,185	11,501
Other Revenue	-9,127	18,837	17,122	17,906	18,493	14,448
Total Revenue	611,282	623,404	581,530	525,327	492,823	594,548
Revenue Growth	-2.70%	7.20%	10.70%	6.59%	-17.11%	2.13%
Policy Benefits	544,491	533,543	500,301	479,397	439,680	423,403
Policy Acquisition & Underwriting Costs	-	-	-	-	-	50,939
Selling, General & Administrative	11,587	11,833	9,131	9,224	7,752	90,360
Provision for Bad Debts	241	47	-65	-6	-	-
Other Operating Expenses	531	-338	-397	-438	-434	1,566
Total Operating Expenses	556,894	545,129	509,031	488,252	447,079	566,926
Operating Income	54,388	78,275	72,499	37,075	45,744	27,622
Interest Expense	-1,366	-1,260	-1,471	-1,463	-2,206	-5,460
Earnings From Equity Investments	-	-	-	-	-	13,571
Currency Exchange Gain (Loss)	-769	-308	64	228	1,002	-331
Other Non Operating Income (Expenses)	-61	-132	-69	-60	-205	-
EBT Excluding Unusual Items	52,192	76,575	71,023	35,780	44,335	35,402
Gain (Loss) on Sale of Assets	165	110	174	209	321	330
Asset Writedown	-2,149	-880	-472	-463	-182	-143
Other Unusual Items	-2,533	-1,853	-1,493	-1,969	-1,757	-
Pretax Income	47,675	73,952	69,232	33,557	42,717	35,589
Income Tax Expense	5,787	11,501	12,451	2,746	7,270	5,219
Earnings From Continuing Ops.	41,888	62,451	56,781	30,811	35,447	30,370
Minority Interest in Earnings	-10,686	-16,244	-14,630	-8,489	-10,065	-8,894
Net Income	31,202	46,207	42,151	22,322	25,382	21,476
Net Income to Common	31,202	46,207	42,151	22,322	25,382	21,476
Net Income Growth	-40.73%	9.62%	88.83%	-12.06%	18.19%	7.19%
Shares Outstanding (Basic)	44,238	44,224	44,224	44,224	44,224	44,224
Shares Outstanding (Diluted)	44,389	44,224	44,224	44,224	44,224	44,224
Shares Change	-0.11%	-	-	-	-	-
EPS (Basic)	0.71	1.04	0.95	0.50	0.57	0.49
EPS (Diluted)	0.66	1.00	0.91	0.48	0.56	0.49
EPS Growth	-42.75%	9.17%	91.67%	-14.14%	14.33%	7.92%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	116,504	113,905	83,593	66,976	64,545	69,076
Free Cash Flow Per Share	2.63	2.58	1.89	1.51	1.46	1.56
Dividend Per Share	0.145	0.220	0.180	0.156	0.166	0.164
Dividend Growth	-24.48%	22.22%	15.38%	-6.02%	1.22%	5.13%
Operating Margin	8.90%	12.56%	12.47%	7.06%	9.28%	4.65%
Profit Margin	5.10%	7.41%	7.25%	4.25%	5.15%	3.61%
Free Cash Flow Margin	19.06%	18.27%	14.37%	12.75%	13.10%	11.62%
EBITDA	57,242	80,997	75,045	39,635	48,370	30,144
EBITDA Margin	9.36%	12.99%	12.90%	7.54%	9.81%	5.07%
D&A For EBITDA	2,854	2,722	2,546	2,560	2,626	2,522
EBIT	54,388	78,275	72,499	37,075	45,744	27,622
EBIT Margin	8.90%	12.56%	12.47%	7.06%	9.28%	4.65%
Effective Tax Rate	12.14%	15.55%	17.98%	8.18%	17.02%	14.67%
Revenue as Reported	669,254	669,254	622,220	553,467	528,527	594,606