Founder Securities (601901) Q1 2025 earnings summary

Executive summary

• Net profit attributable to shareholders rose 52.37% year-over-year, driven by increased wealth management and investment/trading business income.

• Operating revenue increased 49.35% compared to the same quarter last year.

• Basic and diluted EPS both rose 50% year-over-year to ¥0.15.

Financial highlights

• Operating revenue: ¥2.96 billion, up 49.35% year-over-year.

• Net profit attributable to shareholders: ¥1.20 billion, up 52.37% year-over-year.

• Net cash flow from operating activities: -¥1.14 billion, a significant improvement from -¥5.82 billion last year.

• Total assets at quarter-end: ¥252.06 billion, down 1.40% from year-end.

• Shareholders’ equity: ¥48.71 billion, up 1.10% from year-end.

Outlook and guidance

• Profit growth attributed to robust performance in wealth management and investment/trading segments.

• Improved market conditions positively impacted brokerage and trading revenues.