BOC International (601696) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 921.29 million, up 22.57% year-over-year, with net profit attributable to shareholders at RMB 361.56 million, a 28.94% increase year-over-year.

• Strong growth in brokerage commission income and significant improvement in operating cash flow, which turned positive to RMB 15.33 billion from a negative outflow last year.

Financial highlights

• Operating income rose 22.57% year-over-year to RMB 921.29 million.

• Net profit attributable to shareholders increased 28.94% year-over-year to RMB 361.56 million.

• Basic and diluted EPS both at RMB 0.13, up 30% year-over-year.

• Total assets at quarter-end were RMB 116.23 billion, up from RMB 92.92 billion at the end of last year.

• Net cash flow from operating activities was RMB 15.33 billion, a significant turnaround from a negative RMB 2.57 billion last year.

Outlook and guidance

• Growth in brokerage business expected to continue supporting profitability.