Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services. It also operates a medical crowdfunding platform. The company was founded in 2016 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2021
Exchange: NYSE
Website: https://www.waterdrop-inc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/16/2022 | $2.00 → $2.10 | Equal-Weight → Overweight | Morgan Stanley |
| 3/25/2022 | $5.00 → $2.00 | Overweight → Equal-Weight | Morgan Stanley |
Morgan Stanley upgraded Waterdrop from Equal-Weight to Overweight and set a new price target of $2.10 from $2.00 previously
Morgan Stanley downgraded Waterdrop from Overweight to Equal-Weight and set a new price target of $2.00 from $5.00 previously
BEIJING, Sept. 4, 2024 /PRNewswire/ -- On September 4, 2024, Waterdrop Inc. (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the second quarter of 2024 ended June 30, 2024. During the quarter, Waterdrop reported net operating revenue of RMB 676 million. Net profit attributable to ordinary shareholders totaled RMB 88.3 million, up 306.9% from the previous year, sustaining profitability for the tenth consecutive quarter. Operating expenses, including sales, administrative, and R&D costs, accounted for 45.1% of revenue, a decrease of 12 percentage points year-on-year. In addition
BEIJING, Sept. 4, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and six months ended June 30, 2024 and a special cash dividend. Financial and Operational Highlights for the Second Quarter of 2024 Substantial growth in profit and positive operating cash flow: In the second quarter of 2024, net profit attributable to our ordinary shareholders reached RMB88.3 million, representing a year-over-year growth of 306.9%. As of June 30, 2024, we continued to generate positive operating cash flow
BEIJING, Aug. 21, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, before U.S. markets open on Wednesday, September 4, 2024. Waterdrop's management team will hold a conference call on September 4, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003
BEIJING, June 5, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three months ended March 31, 2024. Financial and Operational Highlights for the First Quarter of 2024 Consecutive profitability and positive operating cash flow: In the first quarter of 2024, net profit attributable to our ordinary shareholders reached RMB80.6 million, representing a quarter-over-quarter growth of 36.5%. As of March 31, 2024, our cash and cash equivalents and short-term investments balance amounted to RMB3,484.4 m
BEIJING, May 22, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Wednesday, June 5, 2024. Waterdrop's management team will hold a conference call on June 5, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003 Hong Kong T
BEIJING, April 29, 2024 /PRNewswire/ -- On April 25, 2024, Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, released its annual report on Form 20-F for the fiscal year ending December 31, 2023. For 2023, the Company recorded a net operating revenue of RMB 2.63 billion and a net profit of RMB 167 million, respectively. As of December 31, 2023, Waterdrop had combined cash and cash equivalents and short-term investments of RMB 3.393 billion, with an operating cash flow of approximately RMB 407 million. Since the first quarter of 2022, the Company has achieved profitability f
BEIJING, March 27, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three months and full year ended December 31, 2023 and a special cash dividend. In recognition of the invaluable support from shareholders, Waterdrop declared a special cash dividend, the aggregate payment of which amounted to approximately US$15 million. The special cash dividend of US$0.04 per ADS or US$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 3
BEIJING, March 26, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three months and full year ended December 31, 2023 and a special cash dividend. Financial and Operational Highlights for the Fourth Quarter and Fiscal Year 2023 Consecutive profitability and positive operating cash flow: In the fourth quarter of 2023, net profit attributable to our ordinary shareholders reached RMB59.1 million, representing a quarter-over-quarter growth of 60.7%. As of December 31, 2023, our cash and cash equiva
BEIJING, March 13, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before U.S. markets open on Tuesday, March 26, 2024. Waterdrop's management team will hold a conference call on March 26, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 United States Toll Free: 1-
BEIJING, Dec. 7, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the third quarter ended September 30, 2023. Financial and Operational Highlights for the Third Quarter of 2023 High-quality business performance: For the third quarter of 2023, the first-year premiums ("FYP") generated through our insurance business amounted to RMB1,695.4 million (US$232.4 million), representing a decrease of 5.0% year over year. Our net operating revenue was RMB686.5 million (US$94.1 million), representing an increas
BEIJING, Jan. 22, 2024 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ:QSG) ("QuantaSing" or the "Company"), today announced the appointment of a new independent director and a change to the audit committee of the Company's board of directors (the "Audit Committee"). Mr. Chenyang Wei was appointed as an independent director of the Company and as a member of the Audit Committee, effective on January 22, 2024. Mr. Chenyang Wei has served as the Associate Dean of Institute for Fintech Research, Tsinghua University and Director of China Insurance and Pension Research Center, the National Institute of Financial Research, Tsinghua University PBC School of Finance since April 2019. From De
BEIJING, March 17, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced the appointment of Mr. Wei Ran as a new director to its board of directors (the "Board") and the resignation of Mr. Yao Hu from the Board, effective March 17, 2023. After the change, the Board will consist of nine members, three of whom are independent directors. Mr. Hu's resignation does not involve any disagreement with the Company with regard to its business, finance, accounting or any other affairs. Concurrently with the Board change, the Company brings in new memb
BEIJING, Sept. 7, 2022 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced the appointment of Ms. Wenjie Guan as a new director to its board of directors (the "Board"), 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
BEIJING, May 2, 2022 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced the appointment of Mr. Ning Zhu as a new independent director to its board of directors (the "Board") and the resignation of Mr. Peng Shen as 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 b
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
20-F - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
6-K - Waterdrop Inc. (0001823986) (Filer)
BEIJING, Sept. 4, 2024 /PRNewswire/ -- On September 4, 2024, Waterdrop Inc. (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the second quarter of 2024 ended June 30, 2024. During the quarter, Waterdrop reported net operating revenue of RMB 676 million. Net profit attributable to ordinary shareholders totaled RMB 88.3 million, up 306.9% from the previous year, sustaining profitability for the tenth consecutive quarter. Operating expenses, including sales, administrative, and R&D costs, accounted for 45.1% of revenue, a decrease of 12 percentage points year-on-year. In addition
BEIJING, Sept. 4, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and six months ended June 30, 2024 and a special cash dividend. Financial and Operational Highlights for the Second Quarter of 2024 Substantial growth in profit and positive operating cash flow: In the second quarter of 2024, net profit attributable to our ordinary shareholders reached RMB88.3 million, representing a year-over-year growth of 306.9%. As of June 30, 2024, we continued to generate positive operating cash flow
BEIJING, Aug. 21, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, before U.S. markets open on Wednesday, September 4, 2024. Waterdrop's management team will hold a conference call on September 4, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003
BEIJING, June 6, 2024 /PRNewswire/ -- On June 5, Waterdrop Inc. (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the first quarter of 2024 ended March 31, 2024. During the quarter, Waterdrop reported net operating revenue of RMB 704.7 million, a year-over-year increase of 16.3%. Net profit attributable to ordinary shareholders totaled RMB 80.6 million, up 62.2% from the previous year, sustaining profitability for the ninth consecutive quarter. Operating expenses, including sales and marketing expenses, general and administrative expenses, and R&D expenses, accounted for 46.4% o
BEIJING, June 5, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three months ended March 31, 2024. Financial and Operational Highlights for the First Quarter of 2024 Consecutive profitability and positive operating cash flow: In the first quarter of 2024, net profit attributable to our ordinary shareholders reached RMB80.6 million, representing a quarter-over-quarter growth of 36.5%. As of March 31, 2024, our cash and cash equivalents and short-term investments balance amounted to RMB3,484.4 m
BEIJING, May 22, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Wednesday, June 5, 2024. Waterdrop's management team will hold a conference call on June 5, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003 Hong Kong T
BEIJING, April 29, 2024 /PRNewswire/ -- On April 25, 2024, Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, released its annual report on Form 20-F for the fiscal year ending December 31, 2023. For 2023, the Company recorded a net operating revenue of RMB 2.63 billion and a net profit of RMB 167 million, respectively. As of December 31, 2023, Waterdrop had combined cash and cash equivalents and short-term investments of RMB 3.393 billion, with an operating cash flow of approximately RMB 407 million. Since the first quarter of 2022, the Company has achieved profitability f
BEIJING, April 25, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 25, 2024. The annual report can be accessed on the Company's investor relations website at https://ir.waterdrop-inc.com as well as the SEC's website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareh
BEIJING, March 27, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three months and full year ended December 31, 2023 and a special cash dividend. In recognition of the invaluable support from shareholders, Waterdrop declared a special cash dividend, the aggregate payment of which amounted to approximately US$15 million. The special cash dividend of US$0.04 per ADS or US$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 3
BEIJING, March 26, 2024 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three months and full year ended December 31, 2023 and a special cash dividend. Financial and Operational Highlights for the Fourth Quarter and Fiscal Year 2023 Consecutive profitability and positive operating cash flow: In the fourth quarter of 2023, net profit attributable to our ordinary shareholders reached RMB59.1 million, representing a quarter-over-quarter growth of 60.7%. As of December 31, 2023, our cash and cash equiva
Key Takeaways: Fanhua’s board has doubled the size of a previous share repurchase program, while its top executives have also pledged to buy more of the company’s plunging shares The moves come as a plan to expand into new businesses with a Singaporean investor appears to have stalled By Warren Yang A decline in a company’s stock can have business implications beyond simply eroding shareholder value. One such case is online insurance broker Fanhua Inc. (NASDAQ:FANH), whose recently freefalling stock and market value seem to be throwing a spanner into a major tie-up with a Singaporean investor. That said, it’s no wonder the company is doubling down on efforts to stop the recent hemorrh
Waterdrop (NYSE:WDH) reported quarterly Adjusted EPADS of $0.04 per share. This is a 20 percent increase over earnings of $0.03 per share from the same period last year. The company reported $97.60 million in sales this quarter. This is a 10.58 percent increase over sales of $88.26 million the same period last year.
Waterdrop (NYSE:WDH) reported $97.60 million in sales this quarter. This is a 10.58 percent increase over sales of $88.26 million the same period last year.
Key Takeaways: Insurance broker Zhongmiao, backed by appliance giant Haier Group, has filed to list in Hong Kong The company has a small revenue base but boasts strong profits by focusing on lucrative corporate insurance and using a light cost structure By Warren Yang Investors understandably don’t often get too excited about insurance brokers that typically lack glamorous growth stories like those for high-flying tech companies. But anyone seeking a highly profitable business may want to give Zhongmiao Innovation Technology (Qingdao) Co. Ltd. a serious look. At first glance, one of the most eye-catching things about Zhongmiao is its majority ownership by Haier Group, one of China’s
U.S. stock futures were higher this morning, with the Dow futures gaining by more than 100 points on Wednesday. Shares of GameStop Corp. (NYSE:GME) fell sharply in today’s pre-market trading as the company posted weaker-than-expected results for its fourth quarter on Tuesday. GameStop reported fourth-quarter net sales of $1.794 billion, down from $2.226 billion year-over-year. The net sales total missed a Street consensus estimate of $2.05 billion, according to data from Benzinga Pro. The company reported earnings per share of 22 cents for the fourth quarter, missing a Street estimate of 29 cents per share. GameStop shares dipped 14.9% to $13.19 in pre-market trading. Here are some big
Special Cash Dividend The board of directors has approved a special cash dividend of US$0.04 per ADS or US$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.
Waterdrop (NYSE:WDH) reported quarterly adjsuted earnings of $0.03 per share which beat the analyst consensus estimate of $0.01 by 200 percent. This is a 50 percent decrease over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $92.87 million which missed the analyst consensus estimate of $94.55 million by 1.78 percent. This is a 5.73 percent decrease over sales of $98.51 million the same period last year.
Companies Reporting Before The Bell • bluebird bio (NASDAQ:BLUE) is likely to report quarterly loss at $0.66 per share on revenue of $16.68 million. • AIM ImmunoTech (AMEX:AIM) is estimated to report earnings for its fourth quarter. • Elbit Systems (NASDAQ:ESLT) is projected to report quarterly earnings at $1.38 per share on revenue of $1.52 billion. • GDS Holdings (NASDAQ:GDS) is likely to report quarterly loss at $0.33 per share on revenue of $357.63 million. • Bragg Gaming Group (NASDAQ:BRAG) is estimated to report quarterly loss at $0.01 per share on revenue of $37.82 million. • BioLine Rx (NASDAQ:BLRX) is expected to report earnings for its fourth quarter. • Zhihu (NYSE:ZH) is li
Waterdrop (NYSE:WDH) is set to give its latest quarterly earnings report on Tuesday, 2024-03-26. Here's what investors need to know before the announcement. Analysts estimate that Waterdrop will report an earnings per share (EPS) of $0.01. Waterdrop bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.02, which was followed by a 2.35% drop in the share price th
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