Soochow Securities (601555) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 2.05 billion, down 9.45% year-over-year.

• Net profit attributable to shareholders was RMB 801 million, a decrease of 18.22% year-over-year.

• Cash flow from operating activities increased 50.59% year-over-year to RMB 9.44 billion.

• The company is pursuing a major acquisition of 83.77% of Donghai Securities, pending regulatory approval.

Financial highlights

• Operating income: RMB 2.05 billion, down from RMB 2.26 billion year-over-year.

• Net profit attributable to shareholders: RMB 801 million, down from RMB 980 million year-over-year.

• Basic and diluted EPS: RMB 0.16, down 20% year-over-year.

• Total assets at quarter-end: RMB 241.05 billion, up 11.48% from year-end 2025.

• Shareholders’ equity: RMB 43.75 billion, up 1.10% from year-end 2025.

Outlook and guidance

• The acquisition of Donghai Securities is expected to expand business scale, but its completion and timing remain uncertain due to regulatory approvals.