Waterdrop Inc. Q4 2024 Earnings: A Game Changer!

Ladies and gentlemen, buckle up! We've got a winner on our hands with Waterdrop Inc. (NYSE: WDH) and their Q4 2024 earnings report. This company is ON FIRE, and you need to pay attention!



Waterdrop Inc. just announced their unaudited financial results for the fourth quarter and Fiscal Year ended December 31, 2024, and the numbers are staggering. Net operating revenue for the fourth quarter increased by 4.2% year over year to RMB 686.8 million (US$94.1 million). But that's just the beginning! The real star of the show is their net profit attributable to ordinary shareholders, which reached RMB 99.6 million (US$13.6 million), representing a year-over-year growth of 68.7%. This is not just growth; this is EXPLOSIVE growth!

Now, let's talk about their insurance business. The first-year premiums (FYP) generated through their insurance business amounted to RMB 1,897.9 million (US$260.0 million), representing an increase of 24.5% year over year. This is a testament to their strategic initiatives and operational efficiency. They've optimized customer acquisition channels and diversified product offerings, which has yielded robust outcomes. Their targeted acquisition strategies spurred a 14.9% year-over-year surge in new users acquired. This is a company that knows how to innovate and adapt!

But wait, there's more! Waterdrop Inc. has also declared another cash dividend. The cash dividend of US$0.02 per ADS or US$0.002 per ordinary share, to shareholders of record as of the close of business on April 11, 2025. This is a company that values its shareholders and is committed to returning value to them. Since announcing its first share repurchase program in September 2021, as of February 28, 2025, Waterdrop has repurchased approximately 52.1 million American Depositary Shares (ADSs) from the open market with cash for a total consideration of approximately US$103.7 million. This is a company that is serious about maximizing shareholder returns!

Now, let's talk about their AI-driven insurance ecosystem. Waterdrop Inc. recently announced the strategic integration and local deployment of DeepSeek models, which marks a significant step forward in their AI-driven insurance ecosystem. Utilizing advanced AI models, Waterdrop's AI Insurance Expert now supports multi-modal interactions, including voice and text. This system excels in managing complex dialogues and assisting with sales strategies, autonomously handling voice communications and consultations for medical insurance products. This is a company that is at the forefront of technology and innovation!



In conclusion, Waterdrop Inc. is a company that is on the rise. Their Q4 2024 earnings report is a testament to their strategic initiatives, operational efficiency, and commitment to innovation. This is a company that you need to own! So, do yourself a favor and get in on the action. Waterdrop Inc. is the next big thing in tech, and you don't want to miss out!