View ValuationWaterdrop 将来の成長Future 基準チェック /26Waterdrop利益と収益がそれぞれ年間15.9%と10.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.2% 15.7%なると予測されています。主要情報15.9%収益成長率15.69%EPS成長率Insurance 収益成長2.0%収益成長率10.7%将来の株主資本利益率15.20%アナリストカバレッジLow最終更新日22 May 2026今後の成長に関する最新情報Breakeven Date Change • Nov 18Forecast breakeven date moved forward to 2022The 5 analysts covering Waterdrop previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of CN¥234.3m in 2022. Earnings growth of 102% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 14Forecast breakeven date pushed back to 2023The 4 analysts covering Waterdrop previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 36% to 2022. The company is expected to make a profit of CN¥157.0m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.お知らせ • Jun 15Waterdrop Inc. Provides Earnings Guidance for the Second Quarter of 2022Waterdrop Inc. expects the net operating revenue growth to continue quarter over quarter in the second quarter of 2022.Breakeven Date Change • Mar 30No longer forecast to breakevenThe 4 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥316.0m in 2024. New consensus forecast suggests the company will make a loss of CN¥41.0m in 2024.Breakeven Date Change • Jan 01Forecast to breakeven in 2024The 5 analysts covering Waterdrop expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥316.0m in 2024. Average annual earnings growth of 68% is required to achieve expected profit on schedule.Breakeven Date Change • Nov 24No longer forecast to breakevenThe 5 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥303.0m in 2023. New consensus forecast suggests the company will make a loss of CN¥95.0m in 2023.すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Chen Lin was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 25Waterdrop Inc. announces Semi-Annual dividend, payable on May 20, 2026Waterdrop Inc. announced Semi-Annual dividend of USD 0.0240 per share payable on May 20, 2026, ex-date on April 24, 2026 and record date on April 24, 2026.お知らせ • Mar 11Waterdrop Inc. to Report Q4, 2025 Results on Mar 25, 2026Waterdrop Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 25, 2026お知らせ • Dec 05Waterdrop Inc. Announces Board Changes, Effective December 2, 2025Waterdrop Inc. announced that Mr. Guang Yang tendered his resignation to the board of directors of the Company as the director and general manager of international business of the Company due to personal reasons, effective December 2, 2025. Ms. Xiaolei Sun, vice president of human resources and organization development of the Company, has been appointed as a new director to the Board, effective December 2, 2025. Mr. Peng Shen, the Company’s founder, chairman and chief executive officer, on behalf of the Board and management, expresses his sincere appreciation for Mr. Yang’s dedicated service and significant contributions to the Company and extends his best wishes to him for the future. The Board also welcomes Ms. Sun as a director and Ms. Li as vice president of finance and is confident that they will add meaningful value in their new capacities.お知らせ • Nov 19Waterdrop Inc. to Report Q3, 2025 Results on Dec 03, 2025Waterdrop Inc. announced that they will report Q3, 2025 results Pre-Market on Dec 03, 2025お知らせ • Sep 04+ 1 more updateWaterdrop Inc. announces Semi-Annual dividend, payable on November 07, 2025Waterdrop Inc. announced Semi-Annual dividend of USD 0.0240 per share payable on November 07, 2025, ex-date on October 10, 2025 and record date on October 10, 2025.お知らせ • Aug 21Waterdrop Inc. to Report Q2, 2025 Results on Sep 04, 2025Waterdrop Inc. announced that they will report Q2, 2025 results Pre-Market on Sep 04, 2025お知らせ • May 22Waterdrop Inc. to Report Q1, 2025 Results on Jun 05, 2025Waterdrop Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 05, 2025お知らせ • Mar 14Waterdrop Inc. announces special dividend, payable on May 02, 2025Waterdrop Inc. announced special dividend of USD 0.0160 per share payable on May 02, 2025, ex-date on April 11, 2025 and record date on April 11, 2025.お知らせ • Mar 12+ 2 more updatesWaterdrop Inc. Approves Cash Dividend for ADS and Ordinary Share, Payable on or Around April 30, 2025 for Ordinary Shares and on or Around May 2, 2025 for Holders of ADSThe Board of Waterdrop Inc. has approved a cash dividend of USD 0.02 per ADS or USD 0.002 per ordinary share, for a total amount of approximately USD 7.3 million, to shareholders of record as of the close of business on April 11, 2025. The payment date is expected to be on or around April 30, 2025 for holders of ordinary shares and on or around May 2, 2025 for holders of ADSs.お知らせ • Feb 26Waterdrop Inc. to Report Q4, 2024 Results on Mar 12, 2025Waterdrop Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 12, 2025お知らせ • Nov 27Waterdrop Inc. to Report Q3, 2024 Results on Dec 11, 2024Waterdrop Inc. announced that they will report Q3, 2024 results Pre-Market on Dec 11, 2024Buy Or Sell Opportunity • Oct 24Now 20% undervaluedOver the last 90 days, the stock has risen 1.5% to €1.01. The fair value is estimated to be €1.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.Upcoming Dividend • Oct 04Upcoming dividend of US$0.016 per shareEligible shareholders must have bought the stock before 11 October 2024. Payment date: 08 November 2024. The average dividend yield among industry peers is 3.9%.Buy Or Sell Opportunity • Oct 03Now 24% undervaluedThe stock has been flat over the last 90 days, currently trading at €1.02. The fair value is estimated to be €1.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 52% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €1.08, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.48 per share.Reported Earnings • Sep 06Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.057 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.057 in 2Q 2023). Revenue: CN¥676.2m (flat on 2Q 2023). Net income: CN¥88.3m (up 307% from 2Q 2023). Profit margin: 13% (up from 3.2% in 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.お知らせ • Sep 04+ 1 more updateWaterdrop Inc. (NYSE:WDH) announces an Equity Buyback for $50 million worth of its shares.Waterdrop Inc. (NYSE:WDH) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its American depository shares. The company expects to fund the repurchase out of its existing cash balance. The program is valid till September 9, 2025.お知らせ • Aug 21Waterdrop Inc. to Report Q2, 2024 Results on Sep 04, 2024Waterdrop Inc. announced that they will report Q2, 2024 results Pre-Market on Sep 04, 2024Buy Or Sell Opportunity • Aug 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €0.90. The fair value is estimated to be €1.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 103% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.06, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Insurance industry in Germany. Total loss to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.09 per share.Reported Earnings • Jun 09First quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.13 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.13 in 1Q 2023). Revenue: CN¥704.7m (up 16% from 1Q 2023). Net income: CN¥80.6m (up 62% from 1Q 2023). Profit margin: 11% (up from 8.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.お知らせ • May 24Waterdrop Inc. to Report Q1, 2024 Results on Jun 05, 2024Waterdrop Inc. announced that they will report Q1, 2024 results Pre-Market on Jun 05, 2024Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €1.28, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Insurance industry in Germany. Total loss to shareholders of 78% over the past three years.Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.24, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 49% over the past year.Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.44 (vs CN¥1.55 in FY 2022)Full year 2023 results: EPS: CN¥0.44 (down from CN¥1.55 in FY 2022). Revenue: CN¥2.63b (down 6.1% from FY 2022). Net income: CN¥167.2m (down 73% from FY 2022). Profit margin: 6.4% (down from 22% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Insurance industry in Germany.お知らせ • Apr 05Waterdrop Inc. Announces Resignation of Zetao Zhu to the Board of Directors as the General Manager of Crowdfunding and Pharmatech BusinessWaterdrop Inc. announced that Mr. Zetao Zhu tendered his resignation to the board of directors of the Company as the general manager of crowdfunding and pharmatech business, effective April 5, 2024, for family reasons without involving any disagreement with the Company with regard to its business, finance, accounting or any other affairs. The Company is grateful to Mr. Zhu for his valuable contributions to the Company and wishes Mr. Zhu all the best in his future endeavors.Reported Earnings • Mar 26Full year 2023 earnings released: EPS: CN¥0.44 (vs CN¥1.55 in FY 2022)Full year 2023 results: EPS: CN¥0.44 (down from CN¥1.55 in FY 2022). Revenue: CN¥2.63b (down 6.1% from FY 2022). Net income: CN¥167.2m (down 73% from FY 2022). Profit margin: 6.4% (down from 22% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany.お知らせ • Mar 26Waterdrop Inc. Approves Special Cash Dividend for the Year 2023, Payable on or around April 30, 2024 for Holders of Ordinary Shares and on or around May 3, 2024 for Holders of ADSsThe board of directors of Waterdrop Inc. has approved a special cash dividend of USD 0.04 per ADS or USD 0.004 per ordinary share for 2023 to shareholders of record as of the close of business on April 19, 2024. The payment date is expected to be on or around April 30, 2024 for holders of ordinary shares and on or around May 3, 2024 for holders of ADSs.お知らせ • Mar 14Waterdrop Inc. to Report Q4, 2023 Results on Mar 26, 2024Waterdrop Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 26, 2024Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €1.21, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 58% over the past year.Reported Earnings • Dec 08Third quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.43 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.099 (down from CN¥0.43 in 3Q 2022). Revenue: CN¥686.5m (down 11% from 3Q 2022). Net income: CN¥36.7m (down 78% from 3Q 2022). Profit margin: 5.4% (down from 22% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Insurance industry in Germany.お知らせ • Nov 23Waterdrop Inc. to Report Q3, 2023 Results on Dec 07, 2023Waterdrop Inc. announced that they will report Q3, 2023 results Pre-Market on Dec 07, 2023お知らせ • Oct 24Waterdrop Announces to Expand Global Reach At Aquatech Amsterdam Exhibition with Showcasing A Variety of Renowned Star ProductsWaterdrop announced to make waves at the prestigious Aquatech Amsterdam Exhibition from November 6th to 9th, 2023. The company's booth can be found at No. 05.206 and its OEM team at No. 05.205. At this grand event, the world's most advanced and innovative water treatment solutions will be converged. Waterdrop's presence at Aquatech Amsterdam will be highlighted by an extensive display of more than 70 exhibits featuring products such as RO machines, single-stage and multi-stage units, countertop and under sink solutions, as well as whole-house outdoor products, including their star products, like Waterdrop Remineralization RO System with UV Sterilizing Light G3P800, Waterdrop Countertop Reverse Osmosis Water Filter System K19, and Waterdrop Reverse Osmosis Hot Cold Water Dispenser A1. In a remarkable evolution from the previous participation, Waterdrop has upgraded its booth design. This innovative approach allows for the retention of both brands' individuality while providing distinct, independent spaces to cater to varied target audiences. This redesign underlines the company's commitment to showcasing its strength as a dual-brand powerhouse and a customizable factory.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.13, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 1.7% over the past year.お知らせ • Sep 08Waterdrop Inc. (NYSE:WDH) announces an Equity Buyback for $50 million worth of its shares.Waterdrop Inc. (NYSE:WDH) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its American depository shares. The company expects to fund the repurchase out of its existing cash balance. The program is valid for 12 months.Reported Earnings • Sep 08Second quarter 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.53 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.057 (down from CN¥0.53 in 2Q 2022). Revenue: CN¥678.7m (down 3.2% from 2Q 2022). Net income: CN¥21.7m (down 90% from 2Q 2022). Profit margin: 3.2% (down from 30% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Insurance industry in Germany.お知らせ • Aug 24Waterdrop Inc. to Report Q2, 2023 Results on Sep 07, 2023Waterdrop Inc. announced that they will report Q2, 2023 results Pre-Market on Sep 07, 2023New Risk • Jul 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €1.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 42% over the past year.お知らせ • Jun 10Waterdrop Inc. (NYSE:WDH) entered into definitive agreement to acquire Shenzhen Cunzhen Qiushi Technology Co., Ltd. for CNY 360 million.Waterdrop Inc. (NYSE:WDH) entered into definitive agreement to acquire Shenzhen Cunzhen Qiushi Technology Co., Ltd. for CNY 360 million on June 9, 2023. Pursuant to the transaction documents, Waterdrop will acquire up to 100% of the equity interest of Cunzhen Qiushi for an aggregate consideration of CNY 360 million (subject to certain price adjustment mechanisms) through multiple closings. Upon completion of the proposed acquisition, Cunzhen Qiushi will become a wholly owned subsidiary of Waterdrop. The transaction is subject to certain closing conditions. Waterdrop will acquire 56% of the equity interest of Cunzhen Qiushi at the first closing, which is expected to take place in June 2023. Waterdrop will acquire 4% of the equity interest of Cunzhen Qiushi at the second closing, which is expected to take place within six months after the first closing. The remaining 40% equity interest of Cunzhen Qiushi will be acquired in three years.Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.27 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.27 in 1Q 2022). Revenue: CN¥606.2m (down 6.6% from 1Q 2022). Net income: CN¥49.7m (down 53% from 1Q 2022). Profit margin: 8.2% (down from 16% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Insurance industry in Germany.お知らせ • May 27Waterdrop Inc. to Report Q1, 2023 Results on Jun 05, 2023Waterdrop Inc. announced that they will report Q1, 2023 results Pre-Market on Jun 05, 2023Reported Earnings • Mar 18Full year 2022 earnings released: EPS: CN¥1.55 (vs CN¥5.77 loss in FY 2021)Full year 2022 results: EPS: CN¥1.55 (up from CN¥5.77 loss in FY 2021). Revenue: CN¥2.80b (down 13% from FY 2021). Net income: CN¥607.7m (up CN¥2.33b from FY 2021). Profit margin: 22% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Insurance industry in Germany.お知らせ • Jan 05Waterdrop and Jemincare Collaborates on the "Digital Service Platform for CKD Patients"Waterdrop and Jemincare reached a cooperation, according to which both sides will jointly launch the ‘Digital Service Platform for CKD Patients’. Featuring both online and offline service modules ranging from follow-up visits and consultation with doctors to interpretation of data reports and popularization of disease knowledge, the platform is expected to offer patients efficient, convenient, and integrated chronic disease management services, and enhance their experience even without visiting hospitals. Jemincare is committed to delivering CKD patients with a better experience in drug use, diagnosis, and treatment by offering services outside hospitals throughout the course of the disease. Boasting a series of proven tools devised to improve patient management services, Waterdrop Patient Platform, built on a patient-centric approach, can provide patients with services in the whole disease course outside hospitals. The bilateral cooperation is of positive significance in helping CKD patients solve problems associated with diagnosis, drug use, and daily care during the long cycle of treatment. As of September 2022, the platform had served 3 million patients with severe diseases and set up nearly 1,600 communities that covered patients of 12 common serious diseases and rare diseases.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ning Zhu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 07Third quarter 2022 earnings released: CN¥1.21 loss per share (vs CN¥1.21 loss in 3Q 2021)Third quarter 2022 results: CN¥1.21 loss per share (in line with 3Q 2021). Revenue: CN¥779.3m (flat on 3Q 2021). Net loss: CN¥477.0m (flat on 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Insurance industry in Germany.お知らせ • Dec 02Waterdrop Inc. to Report Q3, 2022 Results on Dec 06, 2022Waterdrop Inc. announced that they will report Q3, 2022 results Pre-Market on Dec 06, 2022Breakeven Date Change • Nov 18Forecast breakeven date moved forward to 2022The 5 analysts covering Waterdrop previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of CN¥234.3m in 2022. Earnings growth of 102% is required to achieve expected profit on schedule.Board Change • Nov 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ning Zhu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 20Waterdrop Inc. Launches Waterdrop Family Insurance Needs Diagnosis SystemWaterdrop Inc. launched Waterdrop Family Insurance Needs Diagnosis (WFind), a system designed to help insurance brokers identify customer insurance needs based on information about their family members, income & expenses, and insurance demands. WFind involves the following six steps: Analyze details of family income and expenses; Identify family insurance needs; Recognize the insufficient coverage of family insurance; Design insurance solutions for customer; Compare insurance products from diverse perspectives; Help customers find the insurance solutions that suit them best. WFind is different from the traditional product-oriented sales model in the following five aspects: More comprehensive services targeted at families; More objective analysis based on demand; Risk-oriented diagnosis from more perspectives; More scientific solutions rooted in financial data; Better-designed product mixes built on the system. With the WFind system, brokers in the Waterdrop can help customers analyze insurance mixes and insufficient insurance coverage, assess customers' cash deposits, investments, financial leverages and risk tolerance, and give them advice on risk rating, purchase orders, insurance amounts, insurance products, modes of payment, architecture design and supporting services. Through systematic, scientific and data-based analysis of insufficient family insurance coverage, they can tailor family insurance solutions for customers. Meanwhile, Waterdrop also launches an insurance product comparison instrument. Covering nearly 2,000 products available in the market, it enables analysis of insurance application rules and product comparison in every dimension to help brokers present solutions professionally, clearly and completely for customers to make well-informed decisions.Breakeven Date Change • Sep 14Forecast breakeven date pushed back to 2023The 4 analysts covering Waterdrop previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 36% to 2022. The company is expected to make a profit of CN¥157.0m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.Reported Earnings • Sep 10Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CN¥701.4m (down 25% from 2Q 2021). Net income: CN¥206.9m (up CN¥904.7m from 2Q 2021). Profit margin: 30% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Insurance industry in Germany.お知らせ • Sep 10Waterdrop Inc. (NYSE:WDH) announces an Equity Buyback for $80 million worth of its shares.Waterdrop Inc. (NYSE:WDH) announces a share repurchase program. Under the program, the company will repurchase up to $80 million worth of its American depository shares. The company expects to fund the repurchase out of its existing cash balance. The program is valid for 12 months.お知らせ • Sep 08Waterdrop Inc. Announces the Appointment of Wenjie Guan as A Director, Effective September 7, 2022Waterdrop Inc. announced the appointment of Ms. Wenjie Guan as a new director to its board of directors, effective September 7, 2022. After the change, the Board will consist of nine members, three of whom are independent directors. Ms. Wenjie Guan currently serves as Head of Principal Investments and Acquisitions North Asia at Swiss Re, one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. Prior to joining Swiss Re in May 2016, Ms. Guan had eight years of experience in investment banking and served at Macquarie, UBS and Jefferies. Ms. Guan received a master’s degree in Engineering with first class honors from the University of Oxford and is a CFA charterholder.お知らせ • Sep 03Waterdrop Inc. to Report Q2, 2022 Results on Sep 09, 2022Waterdrop Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Sep 09, 2022お知らせ • Aug 20Nina Zhou to Step Down as Director of Waterdrop Inc., Effective August 19, 2022Waterdrop Inc. announced that Ms. Nina Zhou, a Swiss Re designated director on the board of Waterdrop Inc., will step down due to her resignation from Swiss Re, effective on August 19, 2022. Ms. Zhou’s resignation does not involve any disagreement with the company with regard to its business, finance, accounting or any other affairs. Following Ms. Zhou’s departure, the remaining 8 directors, including 3 independent directors, will continue their services to the board of directors of the Company. The Company is in the process of appointing a new director to fill the vacancy. Swiss Re will recommend a candidate for the board’s consideration and approval.お知らせ • Jul 22Waterdrop Inc. Launches Industry's First Customized Critical Illness Insurance Product with Waiver on Health DeclarationsWaterdrop Inc. announced that it has partnered with China United Property Insurance Company Limited and Yong An Insurance to launch "Waterdrop Blue Ocean", a series of customized and cost-effective critical illness products with a waiver on health declarations, further expanding its user group beyond healthy customers to cover customers with pre-existing medical conditions. In October 2021, China Banking and Insurance Regulatory Commission ("CBIRC") unveiled a directive guidance on further enriching health insurance product supply, in which the regulator encourages insurance companies to appropriately relax the threshold requirements for insurance applicants, and provide reasonable coverage for the elderly with pre-existing conditions and chronic diseases. Currently, typical health insurance products in China mainly target healthy customers while products available for customers with pre-existing conditions only cover certain categories of illnesses, or partially lower their thresholds on insurance purchase. Although people with pre-existing conditions have a stronger needs of insurance protections, their growing demand has been notably unattended.Reported Earnings • Jun 17First quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥4.03 loss in 1Q 2021)First quarter 2022 results: EPS: CN¥0.27 (up from CN¥4.03 loss in 1Q 2021). Revenue: CN¥648.7m (down 27% from 1Q 2021). Net income: CN¥105.0m (up CN¥585.4m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 7.1%, compared to a 22% growth forecast for the industry in Germany.お知らせ • Jun 15Waterdrop Inc. Provides Earnings Guidance for the Second Quarter of 2022Waterdrop Inc. expects the net operating revenue growth to continue quarter over quarter in the second quarter of 2022.お知らせ • Jun 09Waterdrop Inc. to Report Q1, 2022 Results on Jun 15, 2022Waterdrop Inc. announced that they will report Q1, 2022 results at 9:30 AM, US Eastern Standard Time on Jun 15, 2022お知らせ • May 03Waterdrop Inc. Announces the Appointment of Mr. Ning Zhuas A New Independent Director to Its Board of Directors and the Resignation of Mr. Peng Shenas A Member of the Audit Committee of the Board, Both Effective May 2, 2022Waterdrop Inc. announced the appointment of Mr. Ning Zhuas a new independent director to its board of directors and the resignation of Mr. Peng Shenas a member of the audit committee of the Board, both effective May 2, 2022. Mr. Zhu will also serve as a member of the audit committee of the Board. After the change, the Board will consist of nine members, three of whom are independent directors, and the audit committee will consist solely of independent directors. Mr. Ning Zhu has been a professor of finance and the deputy dean of Shanghai Advanced Institute of Finance of Shanghai Jiaotong University since July 2010. Prior to that, Mr. Zhu was a tenured professor of finance at University of California (Davis) from 2003 to June 2010. Mr. Zhu is also an independent non-executive director of each of China Huarong Asset Management Co. Ltd. and CHINA BOHAI BANK CO., LTD., and an independent director of each of Molecular Data Inc., Jinke Property Group Co. Ltd. and China CITIC Bank International Limited. Mr. Zhu received his bachelor's degree in international finance from Peking University in 1997, master's degree in management from Cornell University in 1999, and doctorate degree in finance from Yale University in 2003.Reported Earnings • May 01Full year 2021 earnings released: CN¥5.77 loss per share (vs CN¥9.43 loss in FY 2020)Full year 2021 results: CN¥5.77 loss per share. Revenue: CN¥3.21b (up 5.9% from FY 2020). Net loss: CN¥1.73b (loss widened 56% from FY 2020). Over the next year, revenue is forecast to grow 5.9%, compared to a 20% growth forecast for the insurance industry in Germany.Board Change • Apr 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Heping Feng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Mar 30No longer forecast to breakevenThe 4 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥316.0m in 2024. New consensus forecast suggests the company will make a loss of CN¥41.0m in 2024.Breakeven Date Change • Jan 01Forecast to breakeven in 2024The 5 analysts covering Waterdrop expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥316.0m in 2024. Average annual earnings growth of 68% is required to achieve expected profit on schedule.Reported Earnings • Dec 01Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: CN¥1.21 loss per share (up from CN¥1.88 loss in 3Q 2020). Revenue: CN¥779.3m (down 9.7% from 3Q 2020). Net loss: CN¥477.0m (loss widened 117% from 3Q 2020). Revenue missed analyst estimates by 35%. Over the next year, revenue is forecast to grow 51%, compared to a 13% growth forecast for the industry in Germany.Breakeven Date Change • Nov 24No longer forecast to breakevenThe 5 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥303.0m in 2023. New consensus forecast suggests the company will make a loss of CN¥95.0m in 2023.お知らせ • Sep 09+ 1 more updateWaterdrop Inc. Provides Sales Guidance for the Third Quarter of 2021Waterdrop Inc. expects to materially reduce sales for the third quarter of 2021.Reported Earnings • Jun 21First quarter 2021 earnings released: CN¥4.03 loss per share (vs CN¥1.88 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥883.4m (up 64% from 1Q 2020). Net loss: CN¥480.4m (loss widened 113% from 1Q 2020).お知らせ • Jun 17Waterdrop Inc. Provides Waterdrop Insurance Marketplace Premium Guidance for the Second Quarter of 2021Waterdrop Inc. expects the FYP generated through Waterdrop Insurance Marketplace to grow more than 50% year-over-year for the second quarter of 2021. This forecast is based on the current market conditions and reflects the Company's preliminary view and estimates, which are all subject to changes.業績と収益の成長予測DB:717 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20285,388943N/A537112/31/20274,930732N/A956312/31/20264,037538430533212/31/20253,978569214244N/A9/30/20253,253506N/AN/AN/A6/30/20252,983447N/AN/AN/A3/31/20252,821395N/AN/AN/A12/31/20242,772368219437N/A9/30/20242,744327N/AN/AN/A6/30/20242,727265N/AN/AN/A3/31/20242,729198N/AN/AN/A12/31/20232,631167393407N/A9/30/20232,651234N/AN/AN/A6/30/20232,737367N/AN/AN/A3/31/20232,759552N/AN/AN/A12/31/20222,802608754766N/A9/30/20222,726410N/AN/AN/A6/30/20222,733-236N/AN/AN/A3/31/20222,971-1,141N/AN/AN/A12/31/20213,206-1,726-1,133-1,097N/A9/30/20213,432-2,150N/AN/AN/A6/30/20213,516-1,892N/AN/AN/A3/31/20213,258-1,414N/AN/AN/A12/31/20203,028-1,108-804-777N/A9/30/20202,735-839-540-530N/A12/31/20191,511-458-546-533N/A12/31/2018238-231N/A-211N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 717の予測収益成長率 (年間15.9% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 717の収益 ( 15.9% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: 717の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 717の収益 ( 10.7% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 717の収益 ( 10.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 717の 自己資本利益率 は、3年後には低くなると予測されています ( 15.2 %)。成長企業の発掘7D1Y7D1Y7D1YInsurance 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 05:18終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Waterdrop Inc. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Edwin LiuCLSAMuyang ZhaoGuotai Haitong/Guotai Junan International Holdings LimitedCheng Ru LiGuoyuan Securities (HK) Ltd6 その他のアナリストを表示
Breakeven Date Change • Nov 18Forecast breakeven date moved forward to 2022The 5 analysts covering Waterdrop previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of CN¥234.3m in 2022. Earnings growth of 102% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 14Forecast breakeven date pushed back to 2023The 4 analysts covering Waterdrop previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 36% to 2022. The company is expected to make a profit of CN¥157.0m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.
お知らせ • Jun 15Waterdrop Inc. Provides Earnings Guidance for the Second Quarter of 2022Waterdrop Inc. expects the net operating revenue growth to continue quarter over quarter in the second quarter of 2022.
Breakeven Date Change • Mar 30No longer forecast to breakevenThe 4 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥316.0m in 2024. New consensus forecast suggests the company will make a loss of CN¥41.0m in 2024.
Breakeven Date Change • Jan 01Forecast to breakeven in 2024The 5 analysts covering Waterdrop expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥316.0m in 2024. Average annual earnings growth of 68% is required to achieve expected profit on schedule.
Breakeven Date Change • Nov 24No longer forecast to breakevenThe 5 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥303.0m in 2023. New consensus forecast suggests the company will make a loss of CN¥95.0m in 2023.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Chen Lin was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 25Waterdrop Inc. announces Semi-Annual dividend, payable on May 20, 2026Waterdrop Inc. announced Semi-Annual dividend of USD 0.0240 per share payable on May 20, 2026, ex-date on April 24, 2026 and record date on April 24, 2026.
お知らせ • Mar 11Waterdrop Inc. to Report Q4, 2025 Results on Mar 25, 2026Waterdrop Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 25, 2026
お知らせ • Dec 05Waterdrop Inc. Announces Board Changes, Effective December 2, 2025Waterdrop Inc. announced that Mr. Guang Yang tendered his resignation to the board of directors of the Company as the director and general manager of international business of the Company due to personal reasons, effective December 2, 2025. Ms. Xiaolei Sun, vice president of human resources and organization development of the Company, has been appointed as a new director to the Board, effective December 2, 2025. Mr. Peng Shen, the Company’s founder, chairman and chief executive officer, on behalf of the Board and management, expresses his sincere appreciation for Mr. Yang’s dedicated service and significant contributions to the Company and extends his best wishes to him for the future. The Board also welcomes Ms. Sun as a director and Ms. Li as vice president of finance and is confident that they will add meaningful value in their new capacities.
お知らせ • Nov 19Waterdrop Inc. to Report Q3, 2025 Results on Dec 03, 2025Waterdrop Inc. announced that they will report Q3, 2025 results Pre-Market on Dec 03, 2025
お知らせ • Sep 04+ 1 more updateWaterdrop Inc. announces Semi-Annual dividend, payable on November 07, 2025Waterdrop Inc. announced Semi-Annual dividend of USD 0.0240 per share payable on November 07, 2025, ex-date on October 10, 2025 and record date on October 10, 2025.
お知らせ • Aug 21Waterdrop Inc. to Report Q2, 2025 Results on Sep 04, 2025Waterdrop Inc. announced that they will report Q2, 2025 results Pre-Market on Sep 04, 2025
お知らせ • May 22Waterdrop Inc. to Report Q1, 2025 Results on Jun 05, 2025Waterdrop Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 05, 2025
お知らせ • Mar 14Waterdrop Inc. announces special dividend, payable on May 02, 2025Waterdrop Inc. announced special dividend of USD 0.0160 per share payable on May 02, 2025, ex-date on April 11, 2025 and record date on April 11, 2025.
お知らせ • Mar 12+ 2 more updatesWaterdrop Inc. Approves Cash Dividend for ADS and Ordinary Share, Payable on or Around April 30, 2025 for Ordinary Shares and on or Around May 2, 2025 for Holders of ADSThe Board of Waterdrop Inc. has approved a cash dividend of USD 0.02 per ADS or USD 0.002 per ordinary share, for a total amount of approximately USD 7.3 million, to shareholders of record as of the close of business on April 11, 2025. The payment date is expected to be on or around April 30, 2025 for holders of ordinary shares and on or around May 2, 2025 for holders of ADSs.
お知らせ • Feb 26Waterdrop Inc. to Report Q4, 2024 Results on Mar 12, 2025Waterdrop Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 12, 2025
お知らせ • Nov 27Waterdrop Inc. to Report Q3, 2024 Results on Dec 11, 2024Waterdrop Inc. announced that they will report Q3, 2024 results Pre-Market on Dec 11, 2024
Buy Or Sell Opportunity • Oct 24Now 20% undervaluedOver the last 90 days, the stock has risen 1.5% to €1.01. The fair value is estimated to be €1.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
Upcoming Dividend • Oct 04Upcoming dividend of US$0.016 per shareEligible shareholders must have bought the stock before 11 October 2024. Payment date: 08 November 2024. The average dividend yield among industry peers is 3.9%.
Buy Or Sell Opportunity • Oct 03Now 24% undervaluedThe stock has been flat over the last 90 days, currently trading at €1.02. The fair value is estimated to be €1.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 52% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €1.08, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.48 per share.
Reported Earnings • Sep 06Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.057 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.057 in 2Q 2023). Revenue: CN¥676.2m (flat on 2Q 2023). Net income: CN¥88.3m (up 307% from 2Q 2023). Profit margin: 13% (up from 3.2% in 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
お知らせ • Sep 04+ 1 more updateWaterdrop Inc. (NYSE:WDH) announces an Equity Buyback for $50 million worth of its shares.Waterdrop Inc. (NYSE:WDH) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its American depository shares. The company expects to fund the repurchase out of its existing cash balance. The program is valid till September 9, 2025.
お知らせ • Aug 21Waterdrop Inc. to Report Q2, 2024 Results on Sep 04, 2024Waterdrop Inc. announced that they will report Q2, 2024 results Pre-Market on Sep 04, 2024
Buy Or Sell Opportunity • Aug 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €0.90. The fair value is estimated to be €1.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 103% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.06, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Insurance industry in Germany. Total loss to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.09 per share.
Reported Earnings • Jun 09First quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.13 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.13 in 1Q 2023). Revenue: CN¥704.7m (up 16% from 1Q 2023). Net income: CN¥80.6m (up 62% from 1Q 2023). Profit margin: 11% (up from 8.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
お知らせ • May 24Waterdrop Inc. to Report Q1, 2024 Results on Jun 05, 2024Waterdrop Inc. announced that they will report Q1, 2024 results Pre-Market on Jun 05, 2024
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €1.28, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Insurance industry in Germany. Total loss to shareholders of 78% over the past three years.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.24, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 49% over the past year.
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.44 (vs CN¥1.55 in FY 2022)Full year 2023 results: EPS: CN¥0.44 (down from CN¥1.55 in FY 2022). Revenue: CN¥2.63b (down 6.1% from FY 2022). Net income: CN¥167.2m (down 73% from FY 2022). Profit margin: 6.4% (down from 22% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Insurance industry in Germany.
お知らせ • Apr 05Waterdrop Inc. Announces Resignation of Zetao Zhu to the Board of Directors as the General Manager of Crowdfunding and Pharmatech BusinessWaterdrop Inc. announced that Mr. Zetao Zhu tendered his resignation to the board of directors of the Company as the general manager of crowdfunding and pharmatech business, effective April 5, 2024, for family reasons without involving any disagreement with the Company with regard to its business, finance, accounting or any other affairs. The Company is grateful to Mr. Zhu for his valuable contributions to the Company and wishes Mr. Zhu all the best in his future endeavors.
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: CN¥0.44 (vs CN¥1.55 in FY 2022)Full year 2023 results: EPS: CN¥0.44 (down from CN¥1.55 in FY 2022). Revenue: CN¥2.63b (down 6.1% from FY 2022). Net income: CN¥167.2m (down 73% from FY 2022). Profit margin: 6.4% (down from 22% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany.
お知らせ • Mar 26Waterdrop Inc. Approves Special Cash Dividend for the Year 2023, Payable on or around April 30, 2024 for Holders of Ordinary Shares and on or around May 3, 2024 for Holders of ADSsThe board of directors of Waterdrop Inc. has approved a special cash dividend of USD 0.04 per ADS or USD 0.004 per ordinary share for 2023 to shareholders of record as of the close of business on April 19, 2024. The payment date is expected to be on or around April 30, 2024 for holders of ordinary shares and on or around May 3, 2024 for holders of ADSs.
お知らせ • Mar 14Waterdrop Inc. to Report Q4, 2023 Results on Mar 26, 2024Waterdrop Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 26, 2024
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €1.21, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 58% over the past year.
Reported Earnings • Dec 08Third quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.43 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.099 (down from CN¥0.43 in 3Q 2022). Revenue: CN¥686.5m (down 11% from 3Q 2022). Net income: CN¥36.7m (down 78% from 3Q 2022). Profit margin: 5.4% (down from 22% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Insurance industry in Germany.
お知らせ • Nov 23Waterdrop Inc. to Report Q3, 2023 Results on Dec 07, 2023Waterdrop Inc. announced that they will report Q3, 2023 results Pre-Market on Dec 07, 2023
お知らせ • Oct 24Waterdrop Announces to Expand Global Reach At Aquatech Amsterdam Exhibition with Showcasing A Variety of Renowned Star ProductsWaterdrop announced to make waves at the prestigious Aquatech Amsterdam Exhibition from November 6th to 9th, 2023. The company's booth can be found at No. 05.206 and its OEM team at No. 05.205. At this grand event, the world's most advanced and innovative water treatment solutions will be converged. Waterdrop's presence at Aquatech Amsterdam will be highlighted by an extensive display of more than 70 exhibits featuring products such as RO machines, single-stage and multi-stage units, countertop and under sink solutions, as well as whole-house outdoor products, including their star products, like Waterdrop Remineralization RO System with UV Sterilizing Light G3P800, Waterdrop Countertop Reverse Osmosis Water Filter System K19, and Waterdrop Reverse Osmosis Hot Cold Water Dispenser A1. In a remarkable evolution from the previous participation, Waterdrop has upgraded its booth design. This innovative approach allows for the retention of both brands' individuality while providing distinct, independent spaces to cater to varied target audiences. This redesign underlines the company's commitment to showcasing its strength as a dual-brand powerhouse and a customizable factory.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.13, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 1.7% over the past year.
お知らせ • Sep 08Waterdrop Inc. (NYSE:WDH) announces an Equity Buyback for $50 million worth of its shares.Waterdrop Inc. (NYSE:WDH) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its American depository shares. The company expects to fund the repurchase out of its existing cash balance. The program is valid for 12 months.
Reported Earnings • Sep 08Second quarter 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.53 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.057 (down from CN¥0.53 in 2Q 2022). Revenue: CN¥678.7m (down 3.2% from 2Q 2022). Net income: CN¥21.7m (down 90% from 2Q 2022). Profit margin: 3.2% (down from 30% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Insurance industry in Germany.
お知らせ • Aug 24Waterdrop Inc. to Report Q2, 2023 Results on Sep 07, 2023Waterdrop Inc. announced that they will report Q2, 2023 results Pre-Market on Sep 07, 2023
New Risk • Jul 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €1.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 42% over the past year.
お知らせ • Jun 10Waterdrop Inc. (NYSE:WDH) entered into definitive agreement to acquire Shenzhen Cunzhen Qiushi Technology Co., Ltd. for CNY 360 million.Waterdrop Inc. (NYSE:WDH) entered into definitive agreement to acquire Shenzhen Cunzhen Qiushi Technology Co., Ltd. for CNY 360 million on June 9, 2023. Pursuant to the transaction documents, Waterdrop will acquire up to 100% of the equity interest of Cunzhen Qiushi for an aggregate consideration of CNY 360 million (subject to certain price adjustment mechanisms) through multiple closings. Upon completion of the proposed acquisition, Cunzhen Qiushi will become a wholly owned subsidiary of Waterdrop. The transaction is subject to certain closing conditions. Waterdrop will acquire 56% of the equity interest of Cunzhen Qiushi at the first closing, which is expected to take place in June 2023. Waterdrop will acquire 4% of the equity interest of Cunzhen Qiushi at the second closing, which is expected to take place within six months after the first closing. The remaining 40% equity interest of Cunzhen Qiushi will be acquired in three years.
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.27 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.27 in 1Q 2022). Revenue: CN¥606.2m (down 6.6% from 1Q 2022). Net income: CN¥49.7m (down 53% from 1Q 2022). Profit margin: 8.2% (down from 16% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Insurance industry in Germany.
お知らせ • May 27Waterdrop Inc. to Report Q1, 2023 Results on Jun 05, 2023Waterdrop Inc. announced that they will report Q1, 2023 results Pre-Market on Jun 05, 2023
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: CN¥1.55 (vs CN¥5.77 loss in FY 2021)Full year 2022 results: EPS: CN¥1.55 (up from CN¥5.77 loss in FY 2021). Revenue: CN¥2.80b (down 13% from FY 2021). Net income: CN¥607.7m (up CN¥2.33b from FY 2021). Profit margin: 22% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Insurance industry in Germany.
お知らせ • Jan 05Waterdrop and Jemincare Collaborates on the "Digital Service Platform for CKD Patients"Waterdrop and Jemincare reached a cooperation, according to which both sides will jointly launch the ‘Digital Service Platform for CKD Patients’. Featuring both online and offline service modules ranging from follow-up visits and consultation with doctors to interpretation of data reports and popularization of disease knowledge, the platform is expected to offer patients efficient, convenient, and integrated chronic disease management services, and enhance their experience even without visiting hospitals. Jemincare is committed to delivering CKD patients with a better experience in drug use, diagnosis, and treatment by offering services outside hospitals throughout the course of the disease. Boasting a series of proven tools devised to improve patient management services, Waterdrop Patient Platform, built on a patient-centric approach, can provide patients with services in the whole disease course outside hospitals. The bilateral cooperation is of positive significance in helping CKD patients solve problems associated with diagnosis, drug use, and daily care during the long cycle of treatment. As of September 2022, the platform had served 3 million patients with severe diseases and set up nearly 1,600 communities that covered patients of 12 common serious diseases and rare diseases.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ning Zhu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 07Third quarter 2022 earnings released: CN¥1.21 loss per share (vs CN¥1.21 loss in 3Q 2021)Third quarter 2022 results: CN¥1.21 loss per share (in line with 3Q 2021). Revenue: CN¥779.3m (flat on 3Q 2021). Net loss: CN¥477.0m (flat on 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Insurance industry in Germany.
お知らせ • Dec 02Waterdrop Inc. to Report Q3, 2022 Results on Dec 06, 2022Waterdrop Inc. announced that they will report Q3, 2022 results Pre-Market on Dec 06, 2022
Breakeven Date Change • Nov 18Forecast breakeven date moved forward to 2022The 5 analysts covering Waterdrop previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of CN¥234.3m in 2022. Earnings growth of 102% is required to achieve expected profit on schedule.
Board Change • Nov 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ning Zhu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 20Waterdrop Inc. Launches Waterdrop Family Insurance Needs Diagnosis SystemWaterdrop Inc. launched Waterdrop Family Insurance Needs Diagnosis (WFind), a system designed to help insurance brokers identify customer insurance needs based on information about their family members, income & expenses, and insurance demands. WFind involves the following six steps: Analyze details of family income and expenses; Identify family insurance needs; Recognize the insufficient coverage of family insurance; Design insurance solutions for customer; Compare insurance products from diverse perspectives; Help customers find the insurance solutions that suit them best. WFind is different from the traditional product-oriented sales model in the following five aspects: More comprehensive services targeted at families; More objective analysis based on demand; Risk-oriented diagnosis from more perspectives; More scientific solutions rooted in financial data; Better-designed product mixes built on the system. With the WFind system, brokers in the Waterdrop can help customers analyze insurance mixes and insufficient insurance coverage, assess customers' cash deposits, investments, financial leverages and risk tolerance, and give them advice on risk rating, purchase orders, insurance amounts, insurance products, modes of payment, architecture design and supporting services. Through systematic, scientific and data-based analysis of insufficient family insurance coverage, they can tailor family insurance solutions for customers. Meanwhile, Waterdrop also launches an insurance product comparison instrument. Covering nearly 2,000 products available in the market, it enables analysis of insurance application rules and product comparison in every dimension to help brokers present solutions professionally, clearly and completely for customers to make well-informed decisions.
Breakeven Date Change • Sep 14Forecast breakeven date pushed back to 2023The 4 analysts covering Waterdrop previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 36% to 2022. The company is expected to make a profit of CN¥157.0m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.
Reported Earnings • Sep 10Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CN¥701.4m (down 25% from 2Q 2021). Net income: CN¥206.9m (up CN¥904.7m from 2Q 2021). Profit margin: 30% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Insurance industry in Germany.
お知らせ • Sep 10Waterdrop Inc. (NYSE:WDH) announces an Equity Buyback for $80 million worth of its shares.Waterdrop Inc. (NYSE:WDH) announces a share repurchase program. Under the program, the company will repurchase up to $80 million worth of its American depository shares. The company expects to fund the repurchase out of its existing cash balance. The program is valid for 12 months.
お知らせ • Sep 08Waterdrop Inc. Announces the Appointment of Wenjie Guan as A Director, Effective September 7, 2022Waterdrop Inc. announced the appointment of Ms. Wenjie Guan as a new director to its board of directors, effective September 7, 2022. After the change, the Board will consist of nine members, three of whom are independent directors. Ms. Wenjie Guan currently serves as Head of Principal Investments and Acquisitions North Asia at Swiss Re, one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. Prior to joining Swiss Re in May 2016, Ms. Guan had eight years of experience in investment banking and served at Macquarie, UBS and Jefferies. Ms. Guan received a master’s degree in Engineering with first class honors from the University of Oxford and is a CFA charterholder.
お知らせ • Sep 03Waterdrop Inc. to Report Q2, 2022 Results on Sep 09, 2022Waterdrop Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Sep 09, 2022
お知らせ • Aug 20Nina Zhou to Step Down as Director of Waterdrop Inc., Effective August 19, 2022Waterdrop Inc. announced that Ms. Nina Zhou, a Swiss Re designated director on the board of Waterdrop Inc., will step down due to her resignation from Swiss Re, effective on August 19, 2022. Ms. Zhou’s resignation does not involve any disagreement with the company with regard to its business, finance, accounting or any other affairs. Following Ms. Zhou’s departure, the remaining 8 directors, including 3 independent directors, will continue their services to the board of directors of the Company. The Company is in the process of appointing a new director to fill the vacancy. Swiss Re will recommend a candidate for the board’s consideration and approval.
お知らせ • Jul 22Waterdrop Inc. Launches Industry's First Customized Critical Illness Insurance Product with Waiver on Health DeclarationsWaterdrop Inc. announced that it has partnered with China United Property Insurance Company Limited and Yong An Insurance to launch "Waterdrop Blue Ocean", a series of customized and cost-effective critical illness products with a waiver on health declarations, further expanding its user group beyond healthy customers to cover customers with pre-existing medical conditions. In October 2021, China Banking and Insurance Regulatory Commission ("CBIRC") unveiled a directive guidance on further enriching health insurance product supply, in which the regulator encourages insurance companies to appropriately relax the threshold requirements for insurance applicants, and provide reasonable coverage for the elderly with pre-existing conditions and chronic diseases. Currently, typical health insurance products in China mainly target healthy customers while products available for customers with pre-existing conditions only cover certain categories of illnesses, or partially lower their thresholds on insurance purchase. Although people with pre-existing conditions have a stronger needs of insurance protections, their growing demand has been notably unattended.
Reported Earnings • Jun 17First quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥4.03 loss in 1Q 2021)First quarter 2022 results: EPS: CN¥0.27 (up from CN¥4.03 loss in 1Q 2021). Revenue: CN¥648.7m (down 27% from 1Q 2021). Net income: CN¥105.0m (up CN¥585.4m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 7.1%, compared to a 22% growth forecast for the industry in Germany.
お知らせ • Jun 15Waterdrop Inc. Provides Earnings Guidance for the Second Quarter of 2022Waterdrop Inc. expects the net operating revenue growth to continue quarter over quarter in the second quarter of 2022.
お知らせ • Jun 09Waterdrop Inc. to Report Q1, 2022 Results on Jun 15, 2022Waterdrop Inc. announced that they will report Q1, 2022 results at 9:30 AM, US Eastern Standard Time on Jun 15, 2022
お知らせ • May 03Waterdrop Inc. Announces the Appointment of Mr. Ning Zhuas A New Independent Director to Its Board of Directors and the Resignation of Mr. Peng Shenas A Member of the Audit Committee of the Board, Both Effective May 2, 2022Waterdrop Inc. announced the appointment of Mr. Ning Zhuas a new independent director to its board of directors and the resignation of Mr. Peng Shenas a member of the audit committee of the Board, both effective May 2, 2022. Mr. Zhu will also serve as a member of the audit committee of the Board. After the change, the Board will consist of nine members, three of whom are independent directors, and the audit committee will consist solely of independent directors. Mr. Ning Zhu has been a professor of finance and the deputy dean of Shanghai Advanced Institute of Finance of Shanghai Jiaotong University since July 2010. Prior to that, Mr. Zhu was a tenured professor of finance at University of California (Davis) from 2003 to June 2010. Mr. Zhu is also an independent non-executive director of each of China Huarong Asset Management Co. Ltd. and CHINA BOHAI BANK CO., LTD., and an independent director of each of Molecular Data Inc., Jinke Property Group Co. Ltd. and China CITIC Bank International Limited. Mr. Zhu received his bachelor's degree in international finance from Peking University in 1997, master's degree in management from Cornell University in 1999, and doctorate degree in finance from Yale University in 2003.
Reported Earnings • May 01Full year 2021 earnings released: CN¥5.77 loss per share (vs CN¥9.43 loss in FY 2020)Full year 2021 results: CN¥5.77 loss per share. Revenue: CN¥3.21b (up 5.9% from FY 2020). Net loss: CN¥1.73b (loss widened 56% from FY 2020). Over the next year, revenue is forecast to grow 5.9%, compared to a 20% growth forecast for the insurance industry in Germany.
Board Change • Apr 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Heping Feng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Mar 30No longer forecast to breakevenThe 4 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥316.0m in 2024. New consensus forecast suggests the company will make a loss of CN¥41.0m in 2024.
Breakeven Date Change • Jan 01Forecast to breakeven in 2024The 5 analysts covering Waterdrop expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥316.0m in 2024. Average annual earnings growth of 68% is required to achieve expected profit on schedule.
Reported Earnings • Dec 01Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: CN¥1.21 loss per share (up from CN¥1.88 loss in 3Q 2020). Revenue: CN¥779.3m (down 9.7% from 3Q 2020). Net loss: CN¥477.0m (loss widened 117% from 3Q 2020). Revenue missed analyst estimates by 35%. Over the next year, revenue is forecast to grow 51%, compared to a 13% growth forecast for the industry in Germany.
Breakeven Date Change • Nov 24No longer forecast to breakevenThe 5 analysts covering Waterdrop no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥303.0m in 2023. New consensus forecast suggests the company will make a loss of CN¥95.0m in 2023.
お知らせ • Sep 09+ 1 more updateWaterdrop Inc. Provides Sales Guidance for the Third Quarter of 2021Waterdrop Inc. expects to materially reduce sales for the third quarter of 2021.
Reported Earnings • Jun 21First quarter 2021 earnings released: CN¥4.03 loss per share (vs CN¥1.88 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥883.4m (up 64% from 1Q 2020). Net loss: CN¥480.4m (loss widened 113% from 1Q 2020).
お知らせ • Jun 17Waterdrop Inc. Provides Waterdrop Insurance Marketplace Premium Guidance for the Second Quarter of 2021Waterdrop Inc. expects the FYP generated through Waterdrop Insurance Marketplace to grow more than 50% year-over-year for the second quarter of 2021. This forecast is based on the current market conditions and reflects the Company's preliminary view and estimates, which are all subject to changes.