Hua Xia Bank Co. (600015) Q3 2025 earnings summary

Executive summary

• Net profit attributable to shareholders for Q3 2025 was RMB 6,512 million, up 7.62% year-over-year; for the first nine months, it was RMB 17,982 million, down 2.86% year-over-year.

• Operating income for Q3 2025 was RMB 19,359 million, down 15.02% year-over-year; for the first nine months, RMB 64,881 million, down 8.79% year-over-year.

• Total assets at September 30, 2025 reached RMB 4,586,358 million, up 4.80% from year-end 2024.

Financial highlights

• Basic EPS for Q3 2025 was RMB 0.38, unchanged year-over-year; for the first nine months, RMB 1.04, also unchanged.

• Net interest margin for the first nine months was 1.62%, up 0.01 percentage points year-over-year.

• Cost-to-income ratio for the first nine months was 29.95%, down 0.21 percentage points year-over-year.

• Operating cash flow for the first nine months was RMB 88,871 million, a significant improvement from negative RMB 7,451 million in the prior year.

Outlook and guidance

• Management emphasized a focus on high-quality development, structural adjustment, and efficiency improvement.