Annual Report 2020 Five-Year Financial Summary
CONTENTS Five-Year Financial Summary 2 Results Summary 3 Message from the Chairman and CEO 5 Corporate Milestone 10 Management Discussion and Analysis 12 Directors, Supervisors and Senior Management 39 Corporate Governance Report 46 Report of Directors 59 Report of the Supervisory Committee 78 Environmental, Social and Governance (ESG) Report 80 Independent Auditor’s Report 113 Definitions 215 Glossary 218 Corporate Information 219 02 ZhongAn Online P & C Insurance Co., Ltd. / Annual Report 2020 Five-Year Financial Summary AUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (RMB’000) Y2020 Y2019 Y2018 Y2017 Y2016 Gross written premiums 16,708,504 14,629,589 11,255,718 5,954,475 3,408,048 Net profit/(loss) for the year 254,380 (638,645) (1,796,718) (996,356) 9,372 Net profit/(loss) attributable to owners of the parent 553,786 (454,101) (1,743,895) (997,250) 9,372 Basic earnings/(loss) per share (in RMB) 0.38 (0.31) (1.19) (0.77) 0.01 Total assets 45,673,436 30,907,575 26,341,096 21,149,492 9,332,223 Total liabilities 28,280,101 14,402,044 9,866,423 3,878,796 2,473,251 Total equity 17,393,335 16,505,531 16,474,673 17,270,696 6,858,972 Equity attributable to equity owners of the parent 15,705,350 14,911,655 15,432,039 17,126,913 6,858,972 Combined ratio (%) 102.5% 113.3% 120.9% 133.1% 104.7% Comprehensive solvency margin ratio (%) 560% 502% 600% 1,178% 722% ZhongAn Online P & C Insurance Co., Ltd.
[Show full text]