Ping An Good Doctor lifts profit 63.5% on health growth

Ping An Healthcare and Technology Company, also known as Ping An Good Doctor, reported a 63.5% year-on-year increase in profit attributable to owners of the parent to $32.5m (RMB219.3m) for the six months ended 30 June 2026, as its corporate health management business continued to grow.

Adjusted net profit rose 37.7% to $33.6m (RMB226.8m), whilst total revenue reached $368.0m (RMB2.48b) during the period.

Revenue from its commercial insurance enablement business stood at $234.4m (RMB1.58b). 

Its corporate health management business recorded revenue of $105.9m (RMB713.8m), up 65.1% year on year and accounting for 28.7% of total revenue, an increase of 11.5 percentage points from a year earlier.

The company said it would continue to develop its managed care model by integrating medical services with Ping An Group’s insurance and financial services capabilities.

Its corporate health business served more than 7,700 paying corporate clients over the past 12 months, up more than 73% year on year.

More than 500 sites have been established under its “Ping An Circle” network, providing services including health consultations, medical check-up report interpretation, chronic disease management and medication guidance.

Ping An Good Doctor also expanded its home-based senior care services to 140 cities nationwide. More than 310,000 customers were eligible for the services at the end of the period, whilst the average first-year premium per new life policy amongst Ping An Home customers increased 9.7 times.

The company continued to expand its medical network, with 3,216 Ping An Selected Hospitals, including 1,732 tertiary Grade A hospitals, and a doctor network of about 50,000 in-house and contracted external doctors. More than 3,700 of these were contracted expert doctors.

Its AI Doctor service was used by more than 9.7 million users during the period and had been rolled out across all applications in Ping An Group’s app network, covering 100% of its retail customers.

AI-related business contributed about 4.6% of Ping An Good Doctor’s gross profit during the period.

The company said it would continue to develop its Ping An Medical Master large medical model and five specialised models covering key medical fields.