GF Securities (000776) Q1 2026 earnings summary

Executive summary

• Achieved strong revenue and net profit growth year-over-year in Q1 2026, with significant improvements in core business lines.

• Completed major H-share placement and convertible bond issuance to support international expansion.

Financial highlights

• Operating revenue reached ¥11.68 billion, up 64.3% year-over-year.

• Net profit attributable to shareholders was ¥4.71 billion, up 70.7% year-over-year.

• Basic and diluted EPS were ¥0.58, up from ¥0.33 in Q1 2025.

• Total assets increased 15.04% from year-end 2025 to ¥1.12 trillion.

• Net cash flow from operating activities was ¥18.92 billion, a significant turnaround from negative ¥13.69 billion last year.

Outlook and guidance

• Proceeds from H-share placement and convertible bonds will be used to strengthen international business and liquidity of overseas subsidiaries.

• Capital raised is expected to be deployed by end of 2027, focusing on cross-border and institutional business growth.