Shenwan Hongyuan Group Co (000166) Q4 2025 earnings summary

Executive summary

• Achieved robust growth in 2025, with significant improvements in revenue and net profit year-over-year, driven by favorable capital market conditions and effective business strategies.

• Maintained a leading position in the securities industry, leveraging a dual-layer structure and diversified financial services.

• Continued to support national strategies and capital market reforms, focusing on high-quality development and risk management.

Financial highlights

• Operating revenue reached RMB 24.26 billion, up 30.29% year-over-year.

• Net profit was RMB 10.53 billion, a 68.42% increase year-over-year.

• Net profit attributable to shareholders rose 82.46% to RMB 9.51 billion.

• Basic and diluted EPS were RMB 0.38, up 80.95% year-over-year.

• Total assets grew 6.3% to RMB 741.55 billion; net assets attributable to shareholders increased 6.5%.

Outlook and guidance

• Plans to maintain stable dividend payouts, with a total cash dividend of RMB 2.75 billion for 2025.

• Remaining undistributed profits will be carried forward to the next year.