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 announced its annual results for 2025. In 2025, China Taiping’s profit attributable to shareholders amounted to HKD 27.059 billion, a year-on-year increase of 220.9%, primarily due to the performance of the insurance services and net investment results both rising compared to last year, as well as benefiting from the one-time impact of the new corporate income tax policy in China’s insurance industry.

In 2025, the profit from life insurance business was HKD 34.586 billion, a year-on-year increase of 229.2%, mainly due to the performance of insurance services and net investment results both rising compared to last year, as well as benefiting from the one-time impact of the new corporate income tax policy in China’s insurance industry; the profit from domestic property insurance business was HKD 966 million, a year-on-year increase of 20.1%, and the profit from reinsurance business was HKD 1.284 billion, a year-on-year increase of 34.1%. The profit from asset management business was HKD 1.450 billion, a year-on-year increase of 168.8%. The performance of insurance services was HKD 24 billion, a year-on-year increase of 9.0%.

As of the end of 2025, total assets reached 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% from the end of last year. Total equity was HKD 164.8 billion, an increase of 34.6% from the end of last year. The equity attributable to ordinary shareholders was HKD 95.155 billion, an increase of 33.9% from the end of last year, primarily due to the comprehensive income attributable to shareholders of HKD 25.707 billion for the year. The total embedded value per share attributable to shareholders was HKD 58.30, an increase of 20.0% from HKD 48.57 at the end of last year, of which the embedded value of Taiping Life increased by 18.3% year-on-year, and the RMB-calibrated value increased by 15.4% year-on-year.

Investment scale steadily grew, and total investment income remained robust. As of the end of December 2025, the group’s investment assets reached HKD 1,743.1 billion, an increase of 11.6% from the end of last year, achieving total investment income of HKD 66.826 billion, a year-on-year increase of 0.4%. The foundation for net investment income was solidified, with dividend income improving year-on-year. In 2025, the group achieved net investment income of HKD 52.972 billion, a year-on-year increase of 5.2%. Among them, dividend income was HKD 6.945 billion, a year-on-year increase of 29.4%, primarily influenced by an increase in high-dividend strategy stocks.

(China Taiping)

(Editor: Qian Xiaorui)

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