Everbright Securities Company (601788) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 10.31% YoY to RMB 9.03bn; attributable net income increased 23.24% to RMB 3.30bn. Q3 revenue fell 2.84% YoY while net income grew 7.65%.

• 9M basic and diluted EPS were RMB 0.65, up 25%; weighted average ROE was 4.85%, up 0.85 percentage points YoY.

Financial highlights

• 9M total profit increased 24.93% YoY to RMB 4.11bn; adjusted attributable net income was RMB 3.14bn, up 23.35%.

• Reported 9M net income included RMB 164.7m of net non-recurring gains, including RMB 185.9m in government support funds.

• Total assets reached RMB 321.96bn at Sep. 30, up 1.21% from year-end; attributable equity rose 5.83% to RMB 76.12bn.

Segment performance

• 9M net brokerage fees rose to RMB 3.38bn from RMB 2.97bn YoY; investment banking fees declined to RMB 364.8m from RMB 487.5m.

• Net interest income reached RMB 1.92bn, compared with RMB 1.73bn a year earlier; asset and fund management fees were RMB 652.0m versus RMB 665.6m.

• Investment income was RMB 1.94bn versus RMB 1.90bn; fair-value gains increased to RMB 462.7m from RMB 119.8m, driven mainly by equity financial assets and derivatives.