China Reinsurance (Group) (1508) Q1 2025 earnings summary

Executive summary

• Report covers unaudited financial data for the three months ended 31 March 2025, prepared under PRC Accounting Standards for Business Enterprises.

• Disclosure is in compliance with regulatory requirements following the issuance of RMB4.0 billion capital supplementary bonds.

Financial highlights

• Total assets at period end were RMB147.53 billion.

• Total liabilities stood at RMB122.31 billion, with owners' equity at RMB25.21 billion.

• Operating income for the quarter was RMB9.98 billion.

• Net profit for the period reached RMB620.87 million.

• Total comprehensive income was RMB192.17 million, reflecting a significant negative other comprehensive income.

Key financial ratios and metrics

• Net profit margin for the quarter was approximately 6.2%.

• Operating profit for the quarter was RMB770.94 million.

• Paid-in capital amounted to RMB11.48 billion.