Core Insights - Waterdrop Inc. reported a net operating revenue of RMB 676 million and a net profit of RMB 88.3 million for Q2 2024, marking a 306.9% increase year-on-year and achieving profitability for the tenth consecutive quarter [1] - The company declared a second special cash dividend of approximately US$7.5 million following the completion of its first special cash dividend [1] - Waterdrop has repurchased approximately 49.3 million American Depositary Shares (ADSs) since September 2021 and has approved a new share repurchase program with an aggregate value of up to US$50 million [2] Financial Performance - The insurance-related revenue for Waterdrop amounted to RMB 573.8 million in Q2 2024, with an operating profit of RMB 123 million [3] - First-year premiums (FYPs) generated by the insurance business reached RMB 1,778.6 million [3] - Operating expenses accounted for 45.1% of revenue, a decrease of 12 percentage points year-on-year [1] Technology and Innovation - Waterdrop is committed to investing in technology, piloting the Shuishou large language model ("Waterdrop Guardian") across various insurance service scenarios [4] - The company has established a strategic cooperation with a property & casualty insurer, marking its first customized solution for non-life insurance [4] Healthcare Initiatives - Waterdrop Medical Crowdfunding raised RMB 65.1 billion for 3.25 million patients, with approximately 461 million people participating in donations [5] - Despite an operating loss of RMB 22.9 million, the losses have narrowed compared to previous periods [5] - The healthcare-related business generated revenues of approximately RMB 26.4 million in Q2 2024, and nearly 8,600 patients were enrolled in over 1,050 clinical trial programs through the E-Find Platform [5] Strategic Vision - The CEO emphasized the implementation of a high-quality development strategy, focusing on technological innovation and sustainable growth across all business segments [6] - The company aims to strengthen core operations and explore opportunities to apply AI solutions within the industry [6]

Core Insights - Waterdrop Inc. reported a significant year-over-year net profit growth of 306.9% for Q2 2024, reaching RMB 88.3 million (approximately US$12.1 million) [2][5] - The company announced a special cash dividend of approximately US$7.5 million, following a successful first special cash dividend [2][6] - Despite challenges in the insurance industry, Waterdrop's insurance segment showed an improvement in operating profit margin, increasing to 21.4% from 16.7% year-over-year [2][3] Financial Performance - Net operating revenue for Q2 2024 was RMB 676.2 million (US$93.0 million), a slight decrease of 0.4% year-over-year [3][5] - First-year premiums (FYP) from the insurance business decreased by 19.0% year-over-year to RMB 1,778.6 million (US$244.7 million) [2][3] - Operating costs and expenses decreased by 13.4% year-over-year to RMB 623.8 million (US$85.8 million) [4][5] Operational Highlights - The company has broadened its crowdfunding coverage, with approximately 461 million people donating a total of RMB 65.1 billion to 3.25 million patients [2][3] - Waterdrop's digital clinical trial services have enrolled nearly 8,600 patients into 1,050 clinical trial programs as of June 30, 2024 [2][3] - The company has initiated a strategic cooperation with a property & casualty insurer, marking its first customized solution for non-life insurance [2][3] Shareholder Returns - Waterdrop has actively conducted share repurchases for three consecutive years, with a new repurchase plan approved for up to US$50 million [6][2] - The board approved a special cash dividend of US$0.02 per ADS or US$0.002 per ordinary share, with payment expected around November 2024 [6][2] Segment Performance - The insurance segment generated RMB 573.8 million (US$79.0 million) in income, a decrease of 4.0% year-over-year [3][5] - Crowdfunding service fees increased by 55.2% year-over-year to RMB 69.3 million (US$9.5 million) [3][5] - Healthcare-related income decreased by 17.0% year-over-year to RMB 26.4 million (US$3.6 million) [3][5]

Core Viewpoint - Waterdrop Inc. will report its unaudited financial results for Q2 2024 on September 4, 2024, before U.S. markets open [1] Group 1: Financial Results Announcement - The financial results will cover the period ended June 30, 2024 [1] - A conference call is scheduled for September 4, 2024, at 8:00 AM U.S. Eastern Time to discuss the results [1] Group 2: Conference Call Details - Dial-in numbers for the conference call include U.S. Toll Free: 1-888-317-6003 and Hong Kong Toll Free: 852-58081995 [2] - Participants can choose between Chinese and English interpretation lines, with the English line being listen-only [2] - Telephone replays will be available two hours after the call until September 11, 2024 [3] Group 3: Company Overview - Waterdrop Inc. is a technology platform focused on insurance and healthcare services, founded in 2016 [4] - The company aims to provide insurance and healthcare services to billions through technology [4]

Key Points Industry or Company - The content of the call pertains to the company's Q1 2024 business and financial progress. [1] Core Views and Arguments - The company is providing an update on its Q1 2024 business and financial performance. - The presentation aims to discuss the key developments and achievements during the quarter. [1] Other Important Content - The call is expected to cover various aspects of the company's operations, including revenue growth, cost management, and market trends. - The company may also discuss its strategic priorities and future outlook for the year. [1]

大家好啊非常非常荣幸今天有机会能跟大家就这个水利公司然后包括水利公司在24年一季度的业务上和财务上的进展跟大家做一个交流我先开始我的演示 先跟大家简要介绍一下公司的情况可能有部分的投资者朋友以前也了解过我这边就相对简要的介绍公司是2016年成立的然后公司的创始人沈鹏他也是美团外卖的早期员工所以16年出来创业的时候当时就已经获得了在一级市场的各个机构里面也都受到了很多关注我们从16年到现在有几个主要的发展脉络 一个是在16年的7月份是我们第一个推出的业务是水滴筹水滴筹经过两年时间的发展在17年底的时候17年18年的时候就已经成为了行业内从整个的行业份额来看最大的医疗筹款的平台2017年的5月我们基于说对水滴筹的考虑它更多是对需要医疗救助的患者的事后的一个 这个补救了那当然觉得可能商业的保险或健康险其实是更多是事前的一个保障那17年的5月份我们也推出了水滴宝同时公司也有了这个保险经济的牌照那水滴宝到发展到2020年的时候我们已经是三年时间的发展已经是整个互联网保险行业内最大的第三方独立的保险经济平台那这个也是当前的这个主要的收入和利润贡献的来源的业务板块 然后我们是在2021年的5月份在纽交所挂牌IPO的上市之后 ...

Summary of the Conference Call Company Overview - The conference call pertains to **Xue Li Company** and its performance in the **first quarter of 2024** [1] Core Points and Arguments - The company reported its **first quarter earnings**, highlighting key financial metrics and performance indicators [1] - There was a focus on **revenue growth**, with specific figures provided to illustrate the company's financial health [1] - The management discussed **strategic initiatives** undertaken during the quarter to enhance operational efficiency and market presence [1] - **Market trends** affecting the industry were analyzed, with insights into how these trends impact the company's future outlook [1] Additional Important Content - The call included a segment on **risk factors** that could potentially affect the company's performance moving forward, emphasizing the need for vigilance in a changing market environment [1] - There were mentions of **investor sentiment** and how it aligns with the company's strategic goals, indicating a proactive approach to stakeholder engagement [1] - The management provided guidance for the upcoming quarters, outlining expectations for revenue and profit margins based on current market conditions [1]

BEIJING, June 6, 2024 /PRNewswire/ -- On June 5, Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the first quarter of 2024 ended March 31, 2024. During the quarter, Waterdrop reported net operating revenue of RMB 704.7 million, a year-over-year increase of 16.3%. Net profit attributable to ordinary shareholders totaled RMB 80.6 million, up 62.2% from the previous year, sustain ...

提醒一下投资人和分析师晚上好欢迎参加雪梨公司2024年第一季度业绩发布电话会温馨提示 当前会议正处于录制状态中 以下是本次会议的前瞻性陈述 Potential risks and uncertainties include but are not limited to those outlined in our public filings with the FEC.The company does not undertake any obligation to update any forward-looking statements,except as required under applicable law.Also, this call includes discussion of certain non-GAAP measures.Please refer to our earnings release for reconciliation between non-GAAP and GAAP. 今天与会的公司管理层有公司联合创始人董事财务副总裁兼国际化事业部总经理杨光公司总是保险科技事业群总经理燃 ...

At this time, all participants are in a listen-only mode. After the management's prepared remarks, there will be a question and answer session. As a reminder, today's conference call is being recorded. I would now like to turn the meeting over to Ms. Jasmine Li. Please proceed, Ms. Li. Thank you, Betsy. Good evening, investors and analysts. Welcome to the first quarter of 2024 of Shili Group's sales announcement conference. Please note that the discussion today will concern forward-looking statements made u ...

Waterdrop Inc. (NYSE:WDH) Q1 2024 Earnings Conference Call June 5, 2024 8:00 AM ET Company Participants Guang Yang - Director, VP of Finance and GM of International Business Wei Ran - Director and GM of Insurance Technology Business Jasmine Li - Board Secretary, Head of IR and Corporate Strategy Xiaoying Xu - Head of Finance Unidentified Company Representative Good morning, everyone. This is Tracy Li from Waterdrop Investor Relations. It's my pleasure to welcome everyone to Waterdrop’s First Quarter 2004 Ea ...