Guoyuan Securities Company (000728) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was ¥1.33 billion, down 12.59% year-over-year, with net profit attributable to shareholders at ¥542 million, down 15.38% year-over-year.

• Declines were mainly due to reduced securities investment trading performance compared to the same period last year.

• Cash flow from operating activities improved significantly to ¥4.81 billion, compared to a net outflow last year.

Financial highlights

• Operating income: ¥1.33 billion, down 12.59% year-over-year.

• Net profit attributable to shareholders: ¥542 million, down 15.38% year-over-year.

• Basic and diluted EPS: ¥0.12, down 20% year-over-year.

• Total assets at period end: ¥206 billion, up 11.38% from year-end 2025.

• Owner's equity attributable to shareholders: ¥38.88 billion, up 1.95% from year-end 2025.

Outlook and guidance

• Management notes that the decrease in revenue and profit was primarily due to lower securities investment trading results.

• Cash flow improvement attributed to increased net inflows from bond repo and securities agency trading.