SHA:601336 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	48,377	45,894	45,597	56,878	161,314
Total Interest & Dividend Income	-32,042	-15,890	15,089	5,237	57,288
Gain (Loss) on Sale of Investments	55,313	33,600	-18,925	1,468	-45
Other Revenue	2,996	1,495	319	1,137	1,570
Total Revenue	74,644	65,099	42,080	64,720	220,127
Revenue Growth (YoY)	14.66%	54.70%	-34.98%	-70.60%	8.02%
Policy Benefits	30,243	29,992	31,571	33,083	173,464
Policy Acquisition & Underwriting Costs	-	-	-	-	14,592
Selling, General & Administrative	2,773	3,062	2,370	-	12,472
Other Operating Expenses	749	712	620	3,861	3,042
Total Operating Expenses	33,765	33,766	34,561	36,944	203,570
Operating Income	40,879	31,333	7,519	27,776	16,557
Interest Expense	-3,510	-3,166	-2,086	-1,173	-800
Earnings From Equity Investments	-	-	-	-18	-
Currency Exchange Gain (Loss)	-162	80	113	-4,506	-116
Other Non Operating Income (Expenses)	-86	-30	-2	-	-
EBT Excluding Unusual Items	37,121	28,217	5,544	22,079	15,641
Gain (Loss) on Sale of Assets	-	-3	-1	-	-5
Asset Writedown	-	-	-	-	-3
Other Unusual Items	3,404	-73	-28	-	37
Pretax Income	40,525	28,141	5,515	22,079	15,670
Income Tax Expense	4,236	1,908	-3,201	575	719
Earnings From Continuing Ops.	36,289	26,233	8,716	21,504	14,951
Minority Interest in Earnings	-5	-4	-4	-4	-4
Net Income	36,284	26,229	8,712	21,500	14,947
Net Income to Common	36,284	26,229	8,712	21,500	14,947
Net Income Growth	38.34%	201.07%	-59.48%	43.84%	4.57%
Shares Outstanding (Basic)	3,120	3,120	3,120	3,120	3,120
Shares Outstanding (Diluted)	3,120	3,120	3,120	3,120	3,120
EPS (Basic)	11.63	8.41	2.79	6.89	4.79
EPS (Diluted)	11.63	8.41	2.79	6.89	4.79
EPS Growth	38.34%	201.32%	-59.51%	43.84%	4.58%
Free Cash Flow	109,434	95,190	89,458	86,727	70,595
Free Cash Flow Per Share	35.08	30.51	28.67	27.80	22.63
Dividend Per Share	2.730	2.530	0.850	1.080	1.440
Dividend Growth	7.90%	197.65%	-21.30%	-25.00%	3.60%
Operating Margin	54.77%	48.13%	17.87%	42.92%	7.52%
Profit Margin	48.61%	40.29%	20.70%	33.22%	6.79%
Free Cash Flow Margin	146.61%	146.22%	212.59%	134.00%	32.07%
EBITDA	41,943	32,337	8,537	28,886	17,382
EBITDA Margin	56.19%	49.67%	20.29%	44.63%	7.90%
D&A For EBITDA	1,064	1,004	1,018	1,110	825
EBIT	40,879	31,333	7,519	27,776	16,557
EBIT Margin	54.77%	48.13%	17.87%	42.92%	7.52%
Effective Tax Rate	10.45%	6.78%	-	2.60%	4.59%
Revenue as Reported	-	-	-	108,164	222,380

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.