Shenwan Hongyuan Group Co (000166) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached RMB 7.80 billion, up 74.77% year-over-year; net profit surged 115.86% to RMB 3.99 billion for the quarter.

• For the first nine months, revenue was RMB 19.50 billion, up 55.22% year-over-year; net profit was RMB 8.79 billion, up 86.64%.

• Earnings per share (EPS) for the first nine months was RMB 0.32, up 113.33% year-over-year.

Financial highlights

• Operating cash flow for the first nine months was RMB 3.36 billion, down 94.78% year-over-year.

• Total assets at quarter-end were RMB 721.97 billion, up 3.49% from year-end 2024.

• Shareholders’ equity attributable to listed company shareholders rose 6.12% to RMB 111.19 billion.

• Fee and commission income increased 50.14% year-over-year to RMB 6.23 billion for the first nine months.

• Investment income and fair value gains rose 57.15% to RMB 12.63 billion.

Outlook and guidance

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