Name | Value |
---|---|
Revenues | 603.4M |
Cost of Revenue | 383.4M |
Gross Profit | 220.0M |
Operating Expense | 203.7M |
Operating I/L | 16.2M |
Other Income/Expense | -26.3M |
Interest Income | 0.0M |
Pretax | -9.5M |
Income Tax Expense | 5.0M |
Net Income/Loss | -27.2M |
Fanhua Inc. and its subsidiary distribute insurance products in China through two segments: Insurance Agency and Claims Adjusting. The Insurance Agency segment offers a range of property and casualty insurance products, including individual accident, travel, homeowner, and life insurance products. The Claims Adjusting segment provides various services such as pre-underwriting survey, claims adjusting, and consulting. The company also operates online platforms for insurance sales, service, and claims aggregation. It generates revenue through the sale of insurance products, as well as service fees for claims adjusting and consulting services.