Soochow Securities (601555) Q4 2025 earnings summary

Executive summary

• Achieved record revenue of ¥9.03 billion, up 27.70% year-over-year; net profit attributable to shareholders reached ¥3.55 billion, up 50.12% year-over-year.

• Total assets grew to ¥216.22 billion, a 21.61% increase from the previous year; owners’ equity rose 3.55% to ¥43.76 billion.

• Proposed cash dividend of ¥2.20 per 10 shares, with total annual cash dividends of ¥1.78 billion, representing a payout ratio of 50.08%.

• Board and management emphasized high-quality growth, digital transformation, and robust risk management.

Financial highlights

• Operating income: ¥9.03 billion (+27.70% YoY); net profit: ¥3.55 billion (+50.12% YoY).

• Basic and diluted EPS: ¥0.71 (+47.92% YoY); ROE: 8.35% (+2.54pp YoY).

• Net capital: ¥28.81 billion; risk coverage ratio: 273.68%; capital leverage: 22.39%.

• Cash flow from operations: ¥13.99 billion; total assets: ¥216.22 billion; liabilities: ¥172.46 billion.

Outlook and guidance

• 2026 focus on strategic integration with Donghai Securities, international expansion, and AI-driven digital transformation.

• Continued emphasis on differentiated services, industry research, and supporting high-tech and SME clients.

• Plans to enhance risk management, optimize capital structure, and maintain high dividend payout.