Shenwan Hongyuan Group Co (000166) Q3 2024 earnings summary

Executive summary

• Revenue for the first nine months of 2024 reached RMB 17.46 billion, up 7.21% year-over-year, with Q3 revenue surging 62.74% compared to the same quarter last year.

• Net profit attributable to shareholders for the first nine months was RMB 4.71 billion, down 6.04% year-over-year, while Q3 net profit rose 148.49% year-over-year.

• Basic and diluted EPS for the first nine months were RMB 0.15, down 11.76% year-over-year.

Financial highlights

• Operating cash flow for the first nine months was RMB 64.49 billion, up 28.56% year-over-year.

• Total assets as of September 30, 2024, stood at RMB 672.17 billion, up 5.78% from the end of 2023.

• Owner's equity attributable to shareholders was RMB 103.09 billion, up 2.94% from year-end 2023.

• Investment income for the first nine months was RMB 2.02 billion, down 63.30% year-over-year.

• Fair value gains increased 217.09% year-over-year to RMB 6.07 billion.

Outlook and guidance

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