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ZhongAn Online P&C Insurance Co., Ltd.

Business Summary

ZhongAn Online P&C Insurance Co. Ltd. engages in the provision of insurance services. It operates through the following segments: Insurance, Technology, Banking, and Others. The Insurance segment includes a range of online property and casualty insurance business. The Technology segment provides information technology (IT) related business and international IT consulting to its customers. The Banking segment offers banking services to its customers. The Others segment consists of entities which provides online life insurance business, insurance brokerage, and medical services. The company was founded on October 9, 2013 and is headquartered in Shanghai, China.

Financial Highlights

Dec 2022 HKDUSD
Gross Profit----
Operating income-1,121.05M-143.16M
Income before tax-2,325.91M-297.03M
Net income-1,576.97M-201.38M
Diluted EPS-1.07-0.13
Dividends Per Share00
Total Assets61,390.89M7,865.63M
Total liabilities42,274.36M5,416.35M
Total equity17,081.16M2,188.50M
Operating cash flow855.40M109.24M
Currency in HKDCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 11,501.32M 16,877.42M 20,669.87M 26,136.58M 29,252.44M
Gross Profit -- -- -- -- --
Operating income -2,001.97M -379.86M 542.52M 1,434.46M -1,121.05M
Income before tax -2,152.14M -642.80M 202.53M 1,044.61M -2,325.91M
Net income -2,065.56M -514.91M 622.28M 1,403.57M -1,576.97M
EBITDA -- -- -- -- --
Diluted EPS -1.40 -0.35 0.42 0.95 -1.07
Dividends Per Share 0 0 0 0 0
Total Assets 30,226.28M 34,853.29M 54,635.95M 63,495.43M 61,390.89M
Total liabilities 11,439.27M 16,390.27M 34,013.71M 40,094.12M 42,274.36M
Total equity 17,598.03M 16,680.10M 18,620.89M 20,487.74M 17,081.16M
Operating cash flow -868.28M 753.36M 7,142.75M 1,914.14M 855.40M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 1,467.46M 2,154.05M 2,665.01M 3,362.55M 3,735.71M
Gross Profit -- -- -- -- --
Operating income -255.43M -48.48M 69.94M 184.54M -143.16M
Income before tax -274.59M -82.04M 26.11M 134.39M -297.03M
Net income -263.54M -65.71M 80.23M 180.57M -201.38M
EBITDA -- -- -- -- --
Diluted EPS -0.17 -0.04 0.05 0.12 -0.13
Dividends Per Share 0 0 0 0 0
Total Assets 3,860.63M 4,473.07M 7,046.29M 8,144.30M 7,865.63M
Total liabilities 1,461.07M 2,103.52M 4,386.68M 5,142.71M 5,416.35M
Total equity 2,247.70M 2,140.72M 2,401.50M 2,627.88M 2,188.50M
Operating cash flow -110.78M 96.15M 920.93M 246.26M 109.24M

Valuation Measures

Dec 2022
Operating margin-3.83%
Profit margin-5.39%

Key executives

  • CEO, General Manager & Executive Director: Xing Jiang
  • Director, Chief Financial & Investment Officer: Gao Feng Li
  • Financial Director: Rui Sun
  • Co-Secretary & Chief Legal Officer: Yong Bo Zhang
  • Chief Actuary: Hai Lin


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Contact Details

  • Website:
  • Address: 4-5/F, Associate Mission Building, No.169 Yuanmingyuan Road, Shanghai, 200436, China
  • Phone: +86.400.9999595

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    Last Updated on 5 Jun, 2023

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