Changjiang Securities Company (000783) Q4 2025 earnings summary

Executive summary

• Achieved record revenue and net profit in 2025, with revenue up 59.86% and net profit up 101.44% year-over-year.

• Strategic transformation advanced, focusing on technology, green, inclusive, pension, and digital finance.

• Maintained robust governance, risk management, and compliance, with no major penalties or unresolved lawsuits.

• Completed major shareholder change, with Changjiang Industrial Group becoming the largest shareholder.

Financial highlights

• Operating revenue: ¥10.55 billion, up 59.86% year-over-year.

• Net profit attributable to shareholders: ¥3.70 billion, up 101.44% year-over-year.

• Basic and diluted EPS: ¥0.63, up 110% year-over-year.

• Total assets: ¥206.22 billion, up 20.05% from previous year-end.

• Net assets attributable to shareholders: ¥41.91 billion, up 6.93% year-over-year.

• Cash dividend: ¥3.00 per 10 shares, total payout ¥1.66 billion.

Outlook and guidance

• 2026 focus on strengthening wealth management, investment banking, asset management, and research-driven business.

• Plans to deepen regional and industry focus, enhance digital and AI capabilities, and maintain high compliance standards.

• Anticipates continued industry growth driven by policy support for direct financing and capital market reforms.