Orient Securities Company (600958) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 44.54% YoY to RMB 2.610bn; attributable net income declined 47.78% to RMB 860.2m, while 9M attributable net income rose 5.25% to RMB 5.379bn.

• 9M revenue was RMB 12.171bn, down 4.23% YoY; total assets reached RMB 525.124bn at Sep. 30, up 7.86% from year-end 2025.

Financial highlights

• 9M total profit was RMB 6.421bn, down 0.97% YoY; attributable net income excluding non-recurring items was RMB 5.279bn, up 5.14%.

• Q3 total profit fell 60.24% YoY; basic EPS was RMB 0.10, down 47.37%; 9M basic EPS was RMB 0.63, up 6.78%.

• 9M non-recurring items added RMB 99.3m net, including RMB 140.9m in government support; Q3 non-recurring items reduced profit by RMB 945.5k.

Outlook and guidance

• The proposed acquisition of Shanghai Securities had passed the Shanghai Stock Exchange merger and reorganization review committee on Oct. 29; implementation remains subject to China Securities Regulatory Commission and other approvals.