China Pacific Insurance Company (601601) Q1 2025 earnings summary

Executive summary

• Insurance service revenue reached RMB 69.55 billion, up 3.9% year-over-year for Q1 2025.

• Net profit attributable to shareholders was RMB 9.63 billion, down 18.1% compared to Q1 2024.

• Total assets increased to RMB 2,917.1 billion as of March 31, 2025, a 2.9% rise from year-end 2024.

Financial highlights

• Operating income for Q1 2025 was RMB 93.72 billion, a decrease of 1.8% year-over-year.

• Net cash flow from operating activities was RMB 64.56 billion, up 29.4% year-over-year.

• Basic and diluted EPS were both RMB 1.00, down 18.1% year-over-year.

• Shareholders’ equity stood at RMB 263.61 billion, down 9.5% from year-end 2024.

Outlook and guidance

• The company continues to focus on high-quality development, customer-centric transformation, and optimizing product and service offerings.

• Asset management strategy emphasizes disciplined, flexible allocation and long-term fixed income investments.