Founder Securities (601901) H2 2024 earnings summary

Executive summary

• Achieved operating revenue of RMB 7,718.40 million in 2024, up 8.42% year-over-year.

• Net profit attributable to shareholders reached RMB 2,207.39 million, a 2.55% increase year-over-year.

• Maintained strong asset structure and liquidity, with all risk control indicators compliant with regulatory requirements.

Financial highlights

• Operating profit was RMB 2,245.17 million, up 1.31% year-over-year.

• Total profit was RMB 2,219.10 million, slightly down 0.15% year-over-year.

• Net profit excluding non-recurring items surged 41.58% year-over-year to RMB 2,638.11 million.

• Basic EPS was RMB 0.27, up 3.85% year-over-year.

Key financial ratios and metrics

• Weighted average ROE was 4.72%, down 0.16 percentage points year-over-year.

• Net assets per share rose 6.36% year-over-year to RMB 5.85.