Waterdrop Balance Sheet

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
Debt Securities	530.67	1,613	2,997	2,130	1,969
Other Investments	2,284	1,114	211.76	11.97	11.81
Total Investments	2,815	2,727	3,208	2,142	1,981
Cash & Equivalents	483	986.32	396.91	1,574	817.72
Other Receivables	2,363	1,490	1,400	1,230	1,238
Net Property, Plant & Equipment	279.65	286.9	93.73	49.84	103.84
Other Intangible Assets	177.14	153.01	177.41	56.61	56.75
Goodwill	80.75	80.75	80.75	3.42	3.42
Other Assets	902.4	730.26	791.16	866	1,049
Total Assets	7,101	6,454	6,149	5,922	5,251
Accounts Payable	694.12	547.96	601.46	528.21	705.48
Accrued Expenses	1,140	704.04	597.68	584.12	498.75
Total Debt	47	198.37	137.56	-	-
Long-Term Leases	23.53	45.54	60.2	14.06	58.59
Other Liabilities	43.8	84.19	73.31	29.7	14.35
Total Liabilities	1,949	1,580	1,470	1,156	1,277
Common Stock	0.14	0.14	0.14	0.14	0.13
Treasury Stock	-0.02	-0.02	-0.01	-0	-
Additional Paid-in Capital	6,734	6,832	7,003	7,385	7,329
Accumulated Other Comprehensive Income	43.62	159.55	144.11	108.25	-21.49
Retained Earnings	-1,626	-2,194	-2,562	-2,727	-3,335
Total Common Shareholders' Equity	5,152	4,797	4,586	4,766	3,973
Minority Interest	-	76.13	92.76	-	-
Shareholders' Equity	5,152	4,874	4,678	4,766	3,973
Total Liabilities & Equity	7,101	6,454	6,149	5,922	5,251
Total Debt	23.53	45.54	60.2	14.06	58.59
Net Cash (Debt)	-23.53	-45.54	-60.2	-14.06	-58.59
Net Cash Per Share	-0.06	-0.12	-0.15	-0.04	-0.20
Book Value	5,152	4,797	4,586	4,766	3,973
Book Value Per Share	13.87	12.90	11.82	11.85	13.29
Tangible Book Value	4,894	4,564	4,328	4,706	3,913
Tangible Book Value Per Share	13.18	12.27	11.15	11.70	13.09

Updated Mar 26, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q