Guosen Securities (002736) Q4 2024 earnings summary

Executive summary

• Focused on core business and functional positioning, maintaining industry-leading market position.

• Achieved steady development across major business lines, with balanced growth in wealth management, investment banking, investment & trading, and asset management.

• Enhanced service quality for national strategies and the real economy.

Financial highlights

• Operating revenue reached ¥20.17 billion, up 16.46% year-over-year.

• Net profit attributable to shareholders was ¥8.22 billion, a 27.84% increase year-over-year.

• Operating profit rose 32.53% to ¥9.07 billion compared to the previous year.

• Basic EPS was ¥0.72, up 33.33% from ¥0.54 last year.

• Total assets grew 8.33% to ¥501.51 billion as of December 31, 2024.

Key financial ratios and metrics

• Weighted average ROE increased by 1.66 percentage points to 8.23%.

• Net assets per share rose 10.27% to ¥9.23.