Founder Securities (601901) H2 2025 earnings summary

Executive summary

• Achieved record annual revenue of ¥10.50 billion, up 36.08% year-over-year; net profit attributable to shareholders reached ¥3.97 billion, up 79.85% year-over-year.

• Total assets grew to ¥272.57 billion, a 6.63% increase from the previous year; net assets reached ¥51.36 billion.

• Three cash dividends distributed in 2025, totaling ¥1.19 billion, representing 30.07% of net profit.

• Customer assets surpassed ¥1 trillion for the first time, with a 32.63% year-over-year increase.

Financial highlights

• Operating income: ¥10.50 billion (+36.08% YoY); net profit attributable to shareholders: ¥3.97 billion (+79.85% YoY).

• Basic and diluted EPS: ¥0.48 (+77.78% YoY); ROE: 8.01% (+3.29pp YoY).

• Net cash from operating activities: ¥1.07 billion (+223.99% YoY).

• Asset-liability ratio: 73.51%, down 0.83pp YoY.

• Dividend payout ratio: 30.07% of net profit.

Outlook and guidance

• Strategic focus on high-quality, sustainable growth and customer-centric service.

• Plans to further enhance digital transformation, risk management, and product innovation.

• Continued expansion in wealth management, asset management, and investment banking.