Ping An earnings increased in the first nine months of 2026, with operating profit attributable to parent-company shareholders rising 8.3% from a year earlier to RMB125,905 million.
Ping An earnings and shareholder equity
The Chinese insurance and financial services group reported basic operating earnings per share of RMB7.23 for the period ended September 30, up 9.2% year over year. Operating profit refers to operating profit after tax attributable to shareholders of the parent company.
Equity attributable to parent-company shareholders stood at RMB1,044,366 million at September 30, an increase of 4.4% from the beginning of the year. Ping An announced the results on October 28.
Insurance and banking results
Life and health insurance operating profit rose 5.7% year over year to RMB87,238 million. At Ping An P&C, premium income increased 3.5% to RMB265,215 million, including a 21.2% rise in premiums from new energy vehicle insurance.
The property and casualty business reported a combined ratio of 95.6%, an improvement of 1.4 percentage points. The ratio measures claims and expenses relative to premiums; a figure below 100% generally indicates an underwriting profit.
Ping An Bank reported revenue of RMB103,100 million, up 2.4%, and net profit of RMB39,186 million, up 2.2%. Its non-performing loan ratio was 1.05% at September 30.
Customer services and AI
Ping An said its Express Service enabled AI-assisted inquiries, consultation and processing in 90% of its business scenarios as of September 30. The service combines multiple service scenarios and apps with more than 300 digital service items.
The group also reported nearly 256 million retail customers at September 30, up 1.9% from the start of the year. Its insurance funds investment portfolio grew 5.2% over the same period to RMB6.83 trillion.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
Comments
Be respectful. No spam, impersonation or private credentials. Ordinary posts and comments appear immediately; suspicious links are held for review.
Please wait…