Ping An Health (01833) 2024 Annual Results: First Annual Profit Medical Insurance Synergistic Scale Effect Highlights

Zhitong Finance App learned that on March 12, 2025, Ping An Healthcare Technology Co., Ltd. (01833) (hereinafter referred to as “Ping An Health” or the “Company”) announced its 2024 annual results announcement.

During the reporting period, the company recorded revenue of 4.81 billion yuan and adjusted net profit of 158 million yuan. Among them, comprehensive financial client (F side) and enterprise side (B side) business revenue increased 17.2% year over year. The F-side business grew steadily, with revenue exceeding 2.4 billion yuan, an increase of 9.6% over the previous year. B-side business revenue increased 32.7% year over year, and recorded revenue of more than 1.4 billion dollars.

Under Ping An Group's “Comprehensive Finance+Medical Care” strategy, Ping An Health is deeply integrated with the Group's comprehensive financial business through models such as “insurance+medical care” and “insurance+pension”, and gradually formed the three major models of “insurance+medical care membership”, “medical claims collaboration”, and “healthcare rights services” to achieve steady growth in the F-end business. At the same time, the corporate health management business is developing strongly. In 2024, it continued to improve in terms of product design, customer development, and user management. By the end of the reporting period, the total number of enterprise customers served reached 2,049, an increase of 35.9% over the same period last year.