Industrial Securities Co. (601377) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 2.66 billion, up 13.44% year-over-year, with net profit attributable to shareholders at RMB 785.68 million, a 52.17% increase compared to Q1 2025.

• Strong capital market activity and higher trading volumes drove growth in brokerage and fund management businesses.

Financial highlights

• Operating income rose to RMB 2.66 billion, with total assets at RMB 365.52 billion, up 5.95% from year-end 2025.

• Net cash flow from operating activities was RMB 10.59 billion, reversing a net outflow in the prior year.

• Basic and diluted EPS were RMB 0.0863, up 51.94% year-over-year.

• Return on equity increased by 0.42 percentage points to 1.32%.

Outlook and guidance

• Management expects continued benefit from active capital markets and plans to further leverage opportunities in brokerage and asset management.