Everbright Securities Company (601788) investor relations material

Executive summary

• Revenue for Q3 2025 reached RMB 3.06 billion, up 37.89% year-over-year, with net profit attributable to shareholders at RMB 995 million, up 65.88% year-over-year.

• Nine-month revenue totaled RMB 8.19 billion, a 27.83% increase year-over-year, and net profit attributable to shareholders was RMB 2.68 billion, up 34.55% year-over-year.

• Growth was driven by higher fee and commission income, increased interest income, and investment returns.

Financial highlights

• Q3 2025 total profit was RMB 1.25 billion, up 71.89% year-over-year; nine-month total profit was RMB 3.29 billion, up 43.09%.

• Basic and diluted EPS for Q3 was RMB 0.20, up 81.82% year-over-year; nine-month EPS was RMB 0.52, up 40.54%.

• Net cash from operating activities for the nine months was RMB 10.26 billion, down 70.72% year-over-year.

• Total assets at quarter-end were RMB 305.44 billion, up 4.26% from year-end 2024.

• Shareholders’ equity was RMB 67.30 billion, down 1.59% from year-end 2024.

Outlook and guidance

• Management attributes profit growth to increased brokerage commissions, interest income, and investment returns, with expectations for continued positive momentum.