Nanjing Securities (601990) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 723.10 million, down 4.45% year-over-year.

• Net profit attributable to shareholders reached RMB 292.93 million, up 5.93% year-over-year.

• Total assets at quarter-end were RMB 95.24 billion, a 4.40% increase from year-end 2025.

• Cash flow from operating activities improved significantly, with net outflow narrowing compared to Q1 2025.

Financial highlights

• Operating income: RMB 723.10 million, down from RMB 756.77 million in Q1 2025.

• Net profit: RMB 294.85 million, up from RMB 277.41 million year-over-year.

• Basic and diluted EPS: RMB 0.07, down from RMB 0.08 in Q1 2025.

• Net cash flow from operating activities: -RMB 520.20 million, a significant improvement from -RMB 2.99 billion in Q1 2025.

• Net assets attributable to shareholders: RMB 23.61 billion, up 2.50% from year-end 2025.

Outlook and guidance

• Risk control indicators and net capital remain compliant with regulatory requirements.

• Management expects continued compliance and stable capital adequacy.