NCI (01336) announced its financial results for the first three quarters of 2025, with operating revenue reaching RMB137.25 billion, a year-on-year increase of 28.3%. Net profit attributable to shareholders of the parent company rose 58.9% YoY to RMB32.86 billion, while basic weighted average earnings per share stood at RMB10.53.
During the reporting period, the company achieved original insurance premium income of RMB172.71 billion, up 18.6% YoY. First-year premiums for long-term insurance products totaled RMB54.57 billion, surging 59.8% YoY, with first-year regular premium payments growing 41.0% to RMB34.9 billion. Single-premium first-year long-term insurance sales jumped 109.2% to RMB19.67 billion, while renewal premiums increased 5.9% to RMB114.62 billion, maintaining their stabilizing role.
The company's surrender rate for the period was 1.2%, down 0.1 percentage point from the same period last year. Both 13-month and 25-month persistency ratios for individual life insurance business showed year-on-year improvement. Growth in first-year regular premiums and enhanced business quality contributed to a 50.8% YoY surge in new business value.