Everbright Securities Company (601788) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 2.50 billion, up 13.64% year-over-year.

• Net profit attributable to shareholders was RMB 819 million, a 20.05% increase year-over-year.

• Basic and diluted EPS both rose to RMB 0.16, up 23.08% from the prior year.

Financial highlights

• Operating cash flow dropped sharply by 81.94% to RMB 800 million, mainly due to increased net outflows in repo business.

• Total assets at quarter-end were RMB 289.78 billion, down 1.09% from year-end 2024.

• Net assets attributable to shareholders increased 0.77% to RMB 68.92 billion.

• Non-recurring gains totaled RMB 132 million, mainly from government subsidies and asset disposals.

Outlook and guidance

• No explicit forward-looking statements or guidance provided for the remainder of 2025.