Stock Track | NCI Soars 5% as Q1-Q3 Net Profit Surges 58.9%, Boosted by Strong Investment Returns

Stock Track11-06

NCI (01336) shares are soaring 5% in intraday trading, following the release of its impressive Q1-Q3 2025 financial results. The company reported a substantial 58.9% year-over-year increase in net profit attributable to shareholders, reaching RMB32.86 billion. This robust performance was underpinned by a 28.3% growth in revenue, which totaled RMB137.25 billion for the period.

The insurer's operational highlights were equally impressive. Gross written premiums rose 18.6% to RMB172.71 billion, with first-year long-term premiums surging 59.8% to RMB54.57 billion. Notably, single-premium long-term policies saw a remarkable 109.2% increase, while renewal premiums maintained a stable contribution with a 5.9% growth to RMB114.62 billion.

According to Guosen Securities, NCI's exceptional performance was primarily driven by strong investment returns amid the Q1-Q3 capital market recovery. The company's strategic pivot to dividend insurance products since Q2, in response to regulatory rate cuts, has also contributed to its success. With New Business Value (NBV) soaring 50.8%, NCI has laid a solid foundation for future profit growth, further bolstering investor confidence and driving the stock's upward momentum.

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