HKG:2628 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	214,326	208,386	203,090	207,719	178,459	569,671
Total Interest & Dividend Income	142,327	62,187	-30,022	42,994	54,205	231,470
Gain (Loss) on Sale of Investments	-124,369	63,173	118,449	-50,267	-8,751	-26,420
Other Revenue	20,797	18,132	22,924	18,929	12,693	19,973
Total Revenue	253,081	351,878	314,441	219,375	236,606	794,694
Revenue Growth	-31.90%	11.91%	43.34%	-7.28%	-70.23%	2.03%
Policy Benefits	153,083	143,488	175,095	145,915	125,340	603,685
Policy Acquisition & Underwriting Costs	1,700	1,787	1,798	1,731	1,499	65,744
Selling, General & Administrative	8,376	8,107	7,378	6,307	6,375	42,120
Other Operating Expenses	9,218	8,761	8,740	14,199	11,653	31,744
Total Operating Expenses	172,184	162,143	193,011	166,645	144,867	744,669
Operating Income	80,897	189,735	121,430	52,730	91,739	50,025
Interest Expense	-4,247	-4,158	-4,200	-	-	-
Currency Exchange Gain (Loss)	-333	-340	-25	-381	-69	645
Other Non Operating Income (Expenses)	222	-17	-82	-	-336	87
EBT Excluding Unusual Items	76,539	185,220	117,123	52,349	91,334	50,757
Gain (Loss) on Sale of Assets	73	57	91	73	122	69
Asset Writedown	-4,690	-3,275	-1,611	-71	-21,396	-88
Other Unusual Items	-575	-373	-390	-363	-	-398
Pretax Income	71,347	181,629	115,213	51,988	70,060	50,340
Income Tax Expense	-6,754	25,077	6,273	-719	1,948	-1,917
Earnings From Continuing Ops.	78,101	156,552	108,940	52,707	68,112	52,257
Minority Interest in Earnings	-2,397	-2,474	-2,005	-1,523	-1,432	-1,491
Net Income	75,704	154,078	106,935	51,184	66,680	50,766
Net Income to Common	75,704	154,078	106,935	51,184	66,680	50,766
Net Income Growth	-55.53%	44.09%	108.92%	-23.24%	31.35%	1.42%
Shares Outstanding (Basic)	28,303	28,265	28,265	28,265	28,254	28,265
Shares Outstanding (Diluted)	28,303	28,265	28,265	28,265	28,254	28,265
Shares Change	0.13%	-	-	0.04%	-0.04%	-
EPS (Basic)	2.67	5.45	3.78	1.81	2.36	1.80
EPS (Diluted)	2.67	5.45	3.78	1.81	2.36	1.80
EPS Growth	-55.55%	44.18%	108.84%	-23.30%	31.40%	1.47%

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	449,351	456,869	374,816	380,195	342,208	280,863
Free Cash Flow Per Share	15.88	16.16	13.26	13.45	12.11	9.94
Dividend Per Share	0.618	0.856	0.650	0.430	0.490	0.650
Dividend Growth	-10.17%	31.69%	51.16%	-12.25%	-24.62%	1.56%
Operating Margin	31.96%	53.92%	38.62%	24.04%	38.77%	6.30%
Profit Margin	29.91%	43.79%	34.01%	23.33%	28.18%	6.39%
Free Cash Flow Margin	177.55%	129.84%	119.20%	173.31%	144.63%	35.34%
EBITDA	84,248	193,805	126,459	57,746	95,528	53,553
EBITDA Margin	33.29%	55.08%	40.22%	26.32%	40.37%	6.74%
D&A For EBITDA	3,351	4,070	5,029	5,016	3,789	3,528
EBIT	80,897	189,735	121,430	52,730	91,739	50,025
EBIT Margin	31.96%	53.92%	38.62%	24.04%	38.77%	6.30%
Effective Tax Rate	-	13.81%	5.45%	-	2.78%	-