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MARKETS / NASDAQ / AIFU
NASDAQ · INSURANCE AGENTS, BROKERS & SERVICE · SMALL CAP

Aifu Inc. AIFU

18 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY 556.6M
▼ 58.2% YoY
CNY -2.3B
▼ 600.1% YoY
CNY -19.6M
▼ 114.6% YoY
In brief

What this company does

AIFU specializes in delivering full-lifecycle insurance solutions and value-added services to individuals and families, with a focus on the mass-affluent and high-net-worth segments. As of March 31, 2026, its offline distribution and service network in mainland China consisted of one insurance sales and service group, five insurance agencies, and two insurance brokerage firms, with 42,170 registered independent sales agents across 313 sales outlets in 23 provinces. Since inception, the company has served approximately 19.8 million individual customers, including about 3.3 million who acquired at least one long-term life insurance policy and over 17.0 million who purchased at least one property and casualty insurance policy. As of December 31, 2025, it operated a single segment, the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and non-life insurance products on behalf of insurance companies. Life and health insurance products accounted for 89.1% of net revenues in 2024 and 92.6% in 2025. Non-life insurance products accounted for 10.9% of net revenues in 2024 and 7.4% in 2025. The company was founded in 1998.

Written from the business description in AIFU Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 28 April 2026. Every sentence was checked against that document before publication.

Growth
CNY 556.6M
Revenue, FY2025 · full 18-year series below
Revenue CNY B Net income CNY B
FY2025 · Revenue 0.6 · Net income -2.3
2.0B4.0B-0.8B-1.6B2008201120142017202020232025
Compound annual growth
−41.5%
−29.8%
−13.8%
−5.2%
−51.0%
−17.6%
+19.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −29.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−411 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -7.1% · Net -411.1%
-200%-400%2008201120142017202020232025
ROE
FY2025 · ROE -150.4%
5%10%15%-50%-100%-150%2008201120142017202020232025

Each CNY of equity lost 150 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow CNY M
FY2025 · FCF -19.6
200M400M2008201120142017202020232025
Net buybacks CNY M Dividends CNY M
FY2022 · Dividends 52.1 · Net buybacks —
200.0M400.0M-250.0M-500.0MDividendsNet buybacks200920112015201820202022

Total assetsCNY 1.5B
EquityCNY 478.5M
CashCNY 31.1M
Gross debtCNY 56.0M
Net debtCNY 24.9M
Current ratio1.18×

Net debt stands at 5% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue CNY B0.61.32.82.83.33.33.73.54.14.12.52.21.81.61.51.21.10.8
Operating income CNY B−0.0−0.40.20.20.30.30.50.40.3−0.00.00.00.00.1−0.70.40.30.2
EBITDA CNY B−0.0−0.40.20.20.30.30.50.40.30.00.00.10.00.1−0.7···
Income tax CNY B0.00.10.10.00.10.10.10.20.20.00.00.00.00.10.10.10.10.1
Net income CNY B−2.30.50.30.10.30.30.20.60.50.20.20.20.10.1−0.60.40.30.2
Free cash flow CNY B−0.00.10.10.10.10.40.20.50.10.10.30.30.10.10.50.30.20.2
EPS, diluted CNY ·0.420.260.090.230.250.170.490.360.130.170.160.100.13−0.300.430.320.21
Dividend / sh CNY ··················
Payout %···52971452265330······1923·
ROE %−150.419.715.25.813.714.38.419.012.65.16.45.3···16.715.1·
Shares out B··1.131.071.071.071.071.121.301.171.161.151.001.001.001.000.91·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 69 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 22 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2008

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