PNGAY 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	559,745	559,304	550,830	536,210	525,903	739,933
Total Interest & Dividend Income	15,916	57,496	44,184	87,382	107,162	200,459
Gain (Loss) on Sale of Investments	48,422	48,422	63,171	-60,312	-57,069	-11,605
Non-Insurance Activities Revenue	213,030	221,939	243,747	273,358	274,766	264,963
Other Revenue	66,934	68,541	61,712	70,238	33,881	79,266
Total Revenue	904,047	955,702	963,644	906,876	884,643	1,273,016
Revenue Growth	-18.15%	-0.82%	6.26%	2.51%	-30.51%	-3.55%
Policy Benefits	453,995	458,334	452,703	443,909	426,535	618,662
Policy Acquisition & Underwriting Costs	-	-	-	-	-	80,711
Selling, General & Administrative	82,264	82,452	80,473	80,212	76,401	174,783
Provision for Bad Debts	14,242	1,003	462	152	-23	242
Non-Insurance Activities Expense	79,444	89,745	111,889	117,378	107,616	102,011
Other Operating Expenses	42,210	43,718	47,586	41,328	32,948	41,450
Total Operating Expenses	737,517	740,614	764,396	754,920	722,315	1,104,333
Operating Income	166,530	215,088	199,248	151,956	162,328	168,683
Interest Expense	-28,123	-29,087	-26,376	-31,496	-22,698	-28,082
Currency Exchange Gain (Loss)	-382	618	380	120	3,144	1,267
Other Non Operating Income (Expenses)	-2,351	-1,029	-2,757	-463	-439	-2,288
EBT Excluding Unusual Items	135,674	185,590	170,495	120,117	142,335	139,580
Pretax Income	135,674	185,590	170,495	120,117	142,335	139,580
Income Tax Expense	13,873	27,289	23,762	10,843	7,518	17,778
Earnings From Continuing Ops.	121,801	158,301	146,733	109,274	134,817	121,802
Minority Interest in Earnings	-23,234	-23,523	-20,126	-23,609	-23,809	-20,184
Net Income	98,567	134,778	126,607	85,665	111,008	101,618
Net Income to Common	98,567	134,778	126,607	85,665	111,008	101,618
Net Income Growth	-29.74%	6.45%	47.79%	-22.83%	9.24%	-28.99%
Shares Outstanding (Basic)	17,436	17,556	17,693	17,717	17,454	17,607
Shares Outstanding (Diluted)	19,477	18,107	18,107	18,074	17,710	17,771
Shares Change	6.52%	-	0.18%	2.05%	-0.34%	-0.14%
EPS (Basic)	5.65	7.68	7.16	4.84	6.36	5.77
EPS (Diluted)	5.06	7.44	6.99	4.74	6.27	5.72
EPS Growth	-34.06%	6.44%	47.47%	-24.40%	9.62%	-28.86%

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	876,576	650,277	375,796	352,593	467,905	77,930
Free Cash Flow Per Share	45.01	35.91	20.75	19.51	26.42	4.38
Dividend Per Share	2.730	2.700	2.550	2.430	2.420	2.380
Dividend Growth	6.23%	5.88%	4.94%	0.41%	1.68%	8.18%
Operating Margin	18.42%	22.51%	20.68%	16.76%	18.35%	13.25%
Profit Margin	10.90%	14.10%	13.14%	9.45%	12.55%	7.98%
Free Cash Flow Margin	96.96%	68.04%	39.00%	38.88%	52.89%	6.12%
EBITDA	177,578	226,279	210,630	165,496	174,534	178,062
EBITDA Margin	19.64%	23.68%	21.86%	18.25%	19.73%	13.99%
D&A For EBITDA	11,048	11,191	11,382	13,540	12,206	9,379
EBIT	166,530	215,088	199,248	151,956	162,328	168,683
EBIT Margin	18.42%	22.51%	20.68%	16.76%	18.35%	13.25%
Effective Tax Rate	10.22%	14.70%	13.94%	9.03%	5.28%	12.74%
Revenue as Reported	1,140,324	1,140,324	1,141,346	1,031,863	985,186	1,287,675