PING AN announced its financial results for the first quarter of 2026. The company recorded operating revenue of 238.477 billion yuan, a decrease of 7.07% compared to the same period last year. Net profit attributable to shareholders of the parent company was 25.022 billion yuan, down 7.38% year-on-year. Basic earnings per share were 1.43 yuan. The group maintained overall stable operations.
In the first quarter of 2026, the group achieved an operating profit attributable to shareholders of the parent company of 40.780 billion yuan, representing a year-on-year increase of 7.6%. As of March 31, 2026, the equity attributable to shareholders of the parent company stood at 1,018.310 billion yuan, an increase of 1.8% from the beginning of the year.
The life insurance and health insurance business sustained its growth momentum, with enhanced comprehensive channel strength demonstrating multi-dimensional high-quality development. For the first quarter of 2026, the operating profit from the life and health insurance segment was 29.696 billion yuan, up 6.4% year-on-year. The new business value reached 15.574 billion yuan, an increase of 20.8% compared to the prior year period. The contribution of channels such as bancassurance, community financial services, and others to the new business value of PING AN Life increased by 6.8 percentage points year-on-year.
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