CSC Financial (6066) H2 2025 earnings summary

Executive summary

• Achieved record financial performance in 2025, with net profit attributable to equity holders reaching RMB9,439 million, up 30.68% year-over-year, and total revenue and other income of RMB34,985 million, up 16.07% year-over-year.

• Total assets increased 19.49% to RMB676,816 million; equity attributable to equity holders rose 11.87% to RMB119,102 million.

• All business segments—investment banking, wealth management, trading and institutional client services, and asset management—delivered double-digit revenue growth.

• Maintained strong compliance, risk management, and corporate governance, with no material contingencies or major litigation.

Financial highlights

• Net profit attributable to equity holders: RMB9,439 million (+30.68% YoY).

• Total revenue and other income: RMB34,985 million (+16.07% YoY).

• Basic and diluted EPS: RMB1.09 (+37.97% YoY).

• Return on weighted average equity: 10.53% (+2.29 percentage points YoY).

• Gearing ratio: 76.21% (+0.72 percentage points YoY).

• Net cash flow from operating activities: RMB42,720 million (+3,911.27% YoY).

• Total assets: RMB676,816 million (+19.49% YoY); total liabilities: RMB557,665 million (+21.26% YoY).

Outlook and guidance

• 2026 marks the start of the "15th Five-Year Plan" with a focus on building a first-class investment bank, deepening digital transformation, and expanding international business.

• Plans to accelerate client-driven development, enhance internationalization, and strengthen risk and compliance management.

• Continued emphasis on high-quality growth, innovation, and serving national strategies.