v3.25.1
Consolidated Statements of Income and Comprehensive Income
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Net revenues:        
Total net revenues ¥ 1,808,832 $ 247,809 ¥ 3,198,389 ¥ 2,781,614
Operating costs and expenses:        
Total operating costs (1,112,866) (152,462) (2,145,416) (1,795,603)
Selling expenses (208,583) (28,576) (250,223) (272,706)
General and administrative expenses (519,105) (71,117) (606,925) (544,630)
Impairment loss (404,121) (55,364)
Total operating costs and expenses (2,244,675) (307,519) (3,002,564) (2,612,939)
Income (Loss) from operations (435,843) (59,710) 195,825 168,675
Other income, net:        
Gains (Losses) from fair value change (78,499) (10,754) 102,867
Investment income related to the realized gain on available-for-sale investments 42,288 5,793 49,106 17,809
Gains (Losses) from the disposal of subsidiaries 897,306 122,930 (2,904)
Interest income, net 12,423 1,702 5,690 13,674
Others, net (24,434) (3,346) (766) (3,823)
Income before income taxes, share of income and impairment of affiliates, net 413,241 56,615 349,818 196,335
Income tax expense (98,715) (13,524) (59,402) (41,016)
Share of income of affiliates, net of impairment (5,052) (692) (1,317) (69,596)
Net income 309,474 42,399 289,099 85,723
Less: net (loss) income attributable to the noncontrolling interests (145,486) (19,931) 8,622 (14,549)
Foreign currency translation adjustments 1,688 231 2,249 3,728
Unrealized net (loss) gains on available-for-sale investments (11,418) (1,564) 2,458 (1,919)
Share of other comprehensive gain of affiliates 4,688
Net income attributable to the Company’s shareholders ¥ 454,960 $ 62,330 ¥ 280,477 ¥ 100,272
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 0.43 $ 0.06 ¥ 0.26 ¥ 0.09
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 0.42 $ 0.06 ¥ 0.26 ¥ 0.09
Basic (in Shares) [1] 1,066,694,178 1,066,694,178 1,074,372,067 1,074,196,310
Diluted (in Shares) 1,070,548,464 1,070,548,464 1,076,740,198 1,074,457,821
Net income ¥ 309,474 $ 42,399 ¥ 289,099 ¥ 85,723
Less: net (loss) income attributable to the noncontrolling interests (145,486) (19,931) 8,622 (14,549)
Foreign currency translation adjustments 1,688 231 2,249 3,728
Unrealized net (loss) gains on available-for-sale investments (11,418) (1,564) 2,458 (1,919)
Share of other comprehensive gain of affiliates 4,688
Total comprehensive income 299,744 41,066 293,806 92,220
Less: Comprehensive (loss) income attributable to the noncontrolling interests (145,486) (19,931) 8,622 (14,549)
Comprehensive income attributable to the Company’s shareholders 445,230 60,997 285,184 106,769
Agency        
Net revenues:        
Total net revenues 1,331,778 182,453 2,760,448 2,376,851
Operating costs and expenses:        
Total operating costs (799,781) (109,569) (1,868,672) (1,527,572)
Agency | Life insurance business        
Net revenues:        
Total net revenues 1,186,462 162,545 2,593,803 2,237,312
Operating costs and expenses:        
Total operating costs (693,065) (94,950) (1,749,475) (1,436,606)
Agency | Non-Life insurance business        
Net revenues:        
Total net revenues 145,316 19,908 166,645 139,539
Operating costs and expenses:        
Total operating costs (106,716) (14,619) (119,197) (90,966)
Claims adjusting        
Net revenues:        
Total net revenues 477,054 65,356 437,941 404,763
Operating costs and expenses:        
Total operating costs ¥ (313,085) $ (42,893) ¥ (276,744) ¥ (268,031)
[1] The weighted average number of ordinary shares outstanding excludes the number of ordinary shares issued in business combinations occurred in 2023 through an exchange of equity interests that are treated in the same manner as contingently issuable shares because the holders must return all or part if all necessary conditions have not been satisfied by the end of the period.