Changjiang Securities Company (000783) Q4 2024 earnings summary

Executive summary

• Achieved total operating revenue of RMB 6,797 million in 2024, down 1.44% year-over-year.

• Net profit attributable to shareholders reached RMB 1,839 million, up 18.81% year-over-year.

• Focused on serving the real economy, wealth management, and major regional strategies.

Financial highlights

• Operating profit increased 21.68% year-over-year to RMB 1,983 million.

• Total profit rose 21.33% year-over-year to RMB 1,959 million.

• Net profit after non-recurring items grew 20.72% year-over-year to RMB 1,814 million.

• Basic EPS was RMB 0.30, up from RMB 0.26 year-over-year.

• Weighted average ROE increased to 5.10% from 4.79% year-over-year.

Key financial ratios and metrics

• Total assets at year-end were RMB 171,789 million, up 0.62% from the start of the year.

• Shareholders' equity attributable to listed company shareholders was RMB 39,204 million, up 13.10%.

• Book value per share (including other equity instruments) was RMB 7.09, up 13.08%.

• Book value per share for ordinary shareholders (excluding other equity instruments) was RMB 6.28, up from RMB 5.65.