China Taiping: Shareholders' profit attributable to owners in 2025 is HKD 27.059 billion, a year-on-year increase of 220.9%

On March 25, China Taiping released its annual performance for 2025. In 2025, the profit attributable to shareholders of China Taiping was HKD 27.059 billion, an increase of 220.9% year-on-year, mainly due to the rise in performance from the insurance services sector and net investment performance compared to last year, as well as benefiting from a one-time impact of the new corporate income tax policy in the Chinese insurance industry.

In 2025, the profit from the life insurance business was HKD 34.586 billion, an increase of 229.2% year-on-year, mainly due to the rise in performance from the insurance services sector and net investment performance compared to last year, as well as benefiting from a one-time impact of the new corporate income tax policy in the Chinese insurance industry; the profit from domestic property insurance business was HKD 966 million, an increase of 20.1%, and the profit from reinsurance business was HKD 1.284 billion, an increase of 34.1%. The profit from asset management business was HKD 1.450 billion, an increase of 168.8%. The performance from insurance services was HKD 24.000 billion, an increase of 9.0%.

As of the end of 2025, total assets were HKD 1,986.6 billion, an increase of 14.5% compared to the end of last year, with contract service margins of HKD 216.7 billion, an increase of 4.3% compared to the end of last year. Total equity was HKD 164.8 billion, an increase of 34.6% compared to the end of last year. The equity attributable to ordinary shareholders was HKD 95.155 billion, an increase of 33.9% compared to the end of last year, mainly due to the comprehensive income attributable to shareholders for the year being HKD 25.707 billion. The total embedded value per share attributable to shareholders was HKD 58.30, an increase of 20.0% compared to HKD 48.57 at the end of last year, with the embedded value of Taiping Life increasing by 18.3% year-on-year and 15.4% year-on-year in RMB terms.

The investment scale steadily grew, maintaining robust total investment returns. As of the end of December 2025, the group’s investment assets were HKD 1,743.1 billion, an increase of 11.6% compared to the end of last year, achieving total investment returns of HKD 66.826 billion, an increase of 0.4% year-on-year. The foundation for net investment income was solidified, with dividend income increasing year-on-year. In 2025, the group achieved net investment income of HKD 52.972 billion, an increase of 5.2% year-on-year. Among them, dividend income was HKD 6.945 billion, an increase of 29.4% year-on-year, mainly influenced by the increase in high-dividend strategy stocks.

(China Taiping)

(Editor: Qian Xiaorui)

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