Dongxing Securities (601198) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥4.71 billion in 2025, up 10.25% year-over-year; net profit attributable to shareholders rose 36.10% to ¥2.10 billion.

• Total assets reached ¥114.20 billion, up 8.52% from 2024; shareholders’ equity increased 17.24% to ¥33.24 billion.

• Board proposes a cash dividend of ¥0.09 per share, with total cash dividends for the year at ¥536.59 million, representing 25.53% of net profit.

• Audit opinion is standard unqualified; no material misstatements or regulatory violations reported.

Financial highlights

• Operating income: ¥4.71 billion, up 10.25% year-over-year.

• Net profit attributable to shareholders: ¥2.10 billion, up 36.10% year-over-year.

• Basic and diluted EPS: ¥0.647, up 35.36% year-over-year.

• ROE: 7.13%, up 1.56 percentage points year-over-year.

• Net capital at year-end: ¥28.66 billion, up 20% from prior year.

Outlook and guidance

• 2026 strategy focuses on integrating with national economic priorities, strengthening risk management, and deepening digital transformation.

• Plans to expand investment banking in strategic industries, enhance wealth management, and grow cross-border asset management.

• Emphasis on compliance, risk control, and maintaining high-quality growth.