Ge Long Hui·2025-10-28 11:01Core Insights - China Ping An reported a significant growth in operating profit and strong performance in life insurance new business value for the first three quarters of 2025, with operating profit reaching CNY 116.26 billion, a year-on-year increase of 7.2% [1][2] - The net profit attributable to shareholders for the first three quarters was CNY 132.86 billion, reflecting an 11.5% year-on-year growth, with a notable 45.4% increase in the third quarter alone [1][2] Financial Performance - As of September 30, 2025, the group's net assets attributable to shareholders stood at CNY 986.41 billion, showing a 6.2% growth after dividends, indicating resilience in the balance sheet and sustainable profitability [2] - The total revenue for the first three quarters was CNY 832.94 billion, marking a 7.4% year-on-year increase [2] Life Insurance Business - The new business value for life and health insurance surged by 46.2% in the first three quarters, with agents' average new business value increasing by 29.9% and the bank insurance channel's new business value skyrocketing by 170.9% [2] Investment Performance - The investment performance of insurance funds significantly improved, achieving a non-annualized comprehensive investment return rate of 5.4% for the first three quarters, up by 1.0 percentage points year-on-year [2]