Record Annual Revenue Growth
Waterdrop's annual revenue reached $2.77 billion, up by 5.4% year-over-year, with a solid Q4 performance of $687 million in total revenue.
Consistent Profitability
The company achieved a net profit attributable to ordinary shareholders of over $99.6 million in Q4 and has remained profitable for twelve consecutive quarters.
Cash Dividend Announcement
Waterdrop announced a cash dividend of $0.20 per ordinary share and $0.02 per ADS, reflecting the company's stable operations and significant profit increase.
AI and Insurtech Advancements
The company deployed AI tools and large language models in 2024, significantly enhancing online sales, broker support, and operational efficiencies.
Insurance Business Growth
The insurance business achieved FYP of about RMB1.9 billion, representing 24.5% year-over-year growth in Q4, driven by breakthroughs in customer acquisition channels.
Recognition and Compliance Achievements
Waterdrop Medical Crowdfunding was officially recognized as a pioneer in China's medical profiling sector, following new legislation and security designation.