- Ping An Health (PIAHY, Financial) reported a 25.8% year-on-year revenue growth in Q1 2025, reaching RMB1.06 billion.
- The company's adjusted net profit stood at RMB57.9 million.
- B-end paying users increased by over 45%, with revenue from integrated finance and corporate health management up by 43%.
In the first quarter of 2025, Ping An Healthcare and Technology Company Limited, known as Ping An Health (PIAHY), achieved notable financial growth. The company reported a year-on-year revenue increase of 25.8%, reaching RMB1.06 billion, reflecting strong performance and robust market demand.
The company’s profitability also accelerated with an adjusted net profit of RMB57.9 million. This growth was driven by the company's strategic focus on integrating finance with health and senior care services, which resulted in a 43% increase in revenue from its F-end (integrated finance) and B-end (corporate clients) segments.
Notably, the B-end segment saw a remarkable growth in paying users, surpassing a 45% increase. The company’s AI-powered diagnostic system, which achieved a 99% triage accuracy, played a significant role in enhancing service delivery. Additionally, the efficiency of their family doctor services improved by 62%, supported by the deployment of AI technologies such as the DeepSeek large language model and Ping An Medical Master®.
During this period, Ping An Health expanded its corporate client base to over 2,100 enterprises and increased home-based senior care service users by 15% from the end of 2024. The company's comprehensive approach to integrating health care and insurance continues to unleash potential, contributing to its sustained growth trajectory.
