CSC Financial (6066) H1 2026 earnings summary

Executive summary

• Total revenue and other income for H1 2026 reached RMB23,087 million, up 41.81% year-over-year; net profit attributable to equity holders was RMB7,639 million, up 69.44% year-over-year; basic EPS was RMB0.92, up 76.92% year-over-year.

• All business segments—investment banking, wealth management, trading and institutional client services, and asset management—reported strong growth, with trading and institutional client services revenue up 61.27% year-over-year.

• Maintained leading positions in investment banking, wealth management, trading, and asset management segments.

• The Board proposed an interim cash dividend of RMB2.90 per 10 shares, representing 31.67% of net profit attributable to equity holders.

Financial highlights

• Operating profit for H1 2026 was RMB9,816 million, up 84.44% year-over-year.

• Net cash flow from operating activities was negative RMB22,402 million, compared to positive RMB45,046 million in H1 2025, mainly due to increased financial assets at fair value through profit or loss.

• Total assets as of June 30, 2026, were RMB860,451 million, up 27.13% from December 31, 2025; equity attributable to equity holders was RMB125,742 million, up 5.57%.

• Return on weighted average equity was 8.29%, up 3.18 percentage points year-over-year.

• Basic and diluted EPS was RMB0.92, up 76.92% year-over-year.

Outlook and guidance

• The company will focus on high-quality development, digital transformation, and international expansion, aiming to strengthen its position in investment banking, wealth management, and asset management.

• Plans include deepening business synergy, enhancing technological innovation, and expanding cross-border business, especially in Hong Kong and overseas markets.

• Will continue to expand international business, especially in Hong Kong, and promote product innovation in debt and equity financing.