Ping An announces interim dividend hike and strong first-half results

Ping An Insurance (Group) Company of China will distribute an interim cash dividend of RMB0.95 per share (including tax) for 2025, a 2.2% year-on-year increase. The total interim cash dividend is expected to be RMB17.202 bn, based on 18,107,641,995 shares. This distribution follows board approval on August 26, 2025, and aligns with the company's dividend policy and shareholder return plan.

For the first half of 2025, Ping An reported a 3.7% increase in operating profit attributable to shareholders, reaching RMB77.732 bn. Operating revenue grew by 1.0% to RMB500.076 bn. The company also announced a 4.8% increase in net asset value attributable to shareholders (before dividend distribution), reaching RMB943.952 bn. The group's solvency adequacy ratio remained strong at 225.2% (core at 189.8%), well above regulatory requirements.

Key business segments also showed positive trends, with life and health insurance new business value rising 39.8%. Property and casualty insurance recorded a 7.1% increase in premium income and maintained a comprehensive cost ratio of 95.2%. Ping An Bank reported a net profit of RMB24.870 bn, with a non-performing loan ratio of 1.05% and a provision coverage ratio of 238.48%.