Yuanbao (YB) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, June 11, 2026 astatine 9:02 AM CDT 22 min read

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DATE

Wednesday, June 10, 2026 astatine 8 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Rui Fang

• Chief Financial Officer — Huirui Wan

• Director — Stella Liu

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Full Conference Call Transcript

Rui Fang[Non-English content]: Hello, everyone. Thank you for joining america contiguous for our archetypal 4th 2026 net league call. Please enactment that each figures volition beryllium successful RMB unless different noted. In the archetypal 4th of 2026, we extended the coagulated maturation trajectory we established past twelvemonth portion maintaining a steadfast equilibrium betwixt concern enlargement and profitability quality. We generated full first-quarter revenues of RMB 1.32 billion, representing a year-over-year summation of 35.6%. Net income reached RMB 388 million, up 31.4% year-over-year, with nett income borderline astatine 29.5%. This show underscores our broad spot successful collaborating with insurers to thrust merchandise innovation, personalized recommendations, refined operations, assertion service, and precocious AI integration.

As of the extremity of the archetypal quarter, our currency reserves totaled RMB 4.74 billion, providing a beardown fiscal instauration for continued concern successful technology, deeper exertion of AI and large data, and capturing structural opportunities wrong the industry.Meanwhile, we proceed to fortify our information and modeling capabilities. As of 4th end, our exemplary matrix comprised much than 5,000 models susceptible of analyzing implicit 5,800 labels, playing a captious relation successful end-to-end work optimization crossed request identification, merchandise recommendations, and claims service.

In addition, supported by our robust currency presumption and sustained robust operating currency flow, we are pleased to denote that our committee of directors has approved an yearly currency dividend of US$1.26 per ADS, unneurotic with a $15 cardinal stock repurchase program. We judge these actions underscore the spot of our fiscal instauration and bespeak our ongoing committedness to enhancing shareholder returns arsenic we steadily turn the semipermanent worth of our company.The security manufacture is entering a caller signifier of high-quality improvement characterized by structural optimization, value-driven ratio enhancement, and ecosystem integration. At the aforesaid time, the request broadside is undergoing a cardinal shift. Consumers' consciousness of hazard extortion continues to strengthen, and security purchasing behaviour is becoming progressively proactive.

Meanwhile, the accelerated improvement of China's multi-tier healthcare extortion strategy is expanding the relation of commercialized wellness security crossed healthcare services, innovative cause outgo solutions, and household hazard management. The wide manufacture situation continues to improve, expanding the industry's semipermanent maturation imaginable and creating much favorable outer conditions for the commercialized wellness security market, connected which Yuanbao is focused. The proviso broadside of the manufacture is besides keeping gait with marketplace dynamics, accelerating iteration and upgrades to amended conscionable evolving user demand.