Core Viewpoint - Yuexiu Capital (000987.SZ) is expected to report a net profit attributable to shareholders ranging from 2.922 billion to 3.094 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 70% to 80% [2] Summary by Category - **Financial Performance** - The projected net profit for the first three quarters of 2025 is between 2.922 billion and 3.094 billion yuan, indicating a significant increase of 70% to 80% compared to the same period last year [2] - **Business Segments** - The investment business has seen an increase in revenue year-on-year, contributing positively to the overall financial performance [2] - The renewable energy segment has experienced growth in power generation, driven by an increase in installed capacity, which has led to improved operational efficiency [2]

越秀资本(000987.SZ)发布2025 年前三季度业绩预告，预计前三季度归属于上市公司股东的净利润29.22 亿元至30.94亿元，同比增长70%至80%。前三季度，公司积极把握资本市场稳健发展机遇，投资业务收 益实现同比提升;同时，新能源业务发电量随装机容量持续增长，经营效益不断提升，公司绿色转型成 效显著。 越秀资本(000987.SZ)发布2025 年前三季度业绩预告，预计前三季度归属... ...

智通财经APP讯，越秀资本(000987.SZ)发布2025 年前三季度业绩预告，预计前三季度归属于上市公司 股东的净利润29.22亿元至30.94亿元，同比增长70%至80%。前三季度，公司积极把握资本市场稳健发 展机遇，投资业务收益实现同比提升;同时，新能源业务发电量随装机容量持续增长，经营效益不断提 升，公司绿色转型成效显著。 ...

Core Viewpoint - Yuexiu Capital (000987) is expected to achieve a significant increase in net profit for the first three quarters of 2025, with projections indicating a year-on-year growth of 70% to 80% [1] Financial Performance - The projected net profit attributable to shareholders for the first three quarters of 2025 is estimated to be between 2.922 billion yuan and 3.094 billion yuan [1] - For the third quarter alone, the expected net profit is forecasted to be between 1.364 billion yuan and 1.536 billion yuan, reflecting a year-on-year growth of 94% to 118% [1] - The company's operational performance is set to reach a new high [1]

（一）2025年前三季度，公司积极把握资本市场稳健发展机遇，投资业务收益实现同比提升；同时，新 能源业务发电量随装机容量持续增长，经营效益不断提升，公司绿色转型成效显著。（二）公司控股子 公司广州资产管理有限公司持有北京控股有限公司4.14%股份，并于2025年9月30日获委任一名董事； 公司控股子公司广州越秀产业投资有限公司持有新天绿色能源股份有限公司4.97%股份，并于2025年7 月25日获委任一名董事。根据《企业会计准则》等相关规定，公司对所持前述股权资产的会计核算方法 由交易性金融资产变更为长期股权投资。公司财务部门根据初始投资成本与可辨认净资产公允价值的差 额，预计分别确认一次性收益约20.22亿元、2.98亿元，将分别增加公司2025年第三季度归母净利润约 10.47亿元、1.34亿元，相关收益为非经常性损益。与此有关的资产评估工作尚在有序推进中，实际财务 影响以公司定期报告披露数据为准。 （三）根据《企业会计准则》和公司会计政策的相关规定，为准确、客观的反映公司2025年9月30日的 财务状况及2025年前三季度的经营成果，公司对债权投资、长期应收款、应收款项及其他等资产进行全 面清查和减值测 ...

Core Viewpoint - The company, Yuexiu Capital, expects a significant increase in net profit for the first three quarters of 2025, driven by improved investment business performance and growth in renewable energy generation [1][2]. Group 1: Financial Performance - The net profit attributable to shareholders is projected to be between 292.21 million and 309.40 million yuan, representing a year-on-year growth of 70% to 80% [1]. - The net profit after deducting non-recurring gains and losses is expected to be between 140.62 million and 157.81 million yuan, reflecting a year-on-year increase of 18% to 32% [1]. Group 2: Business Developments - The company has actively seized opportunities in the capital market, leading to improved investment business returns [2]. - The renewable energy business has seen a continuous increase in power generation alongside growing installed capacity, contributing to enhanced operational efficiency [2]. Group 3: Equity Investments - The company's subsidiary, Guangzhou Asset Management Co., holds a 4.14% stake in Beijing Holdings Limited and has appointed a director as of September 30, 2025 [2]. - Another subsidiary, Guangzhou Yuexiu Industrial Investment Co., holds a 4.97% stake in New天绿色能源股份有限公司 and appointed a director on July 25, 2025 [2]. - The accounting treatment for these equity investments has changed from trading financial assets to long-term equity investments, leading to expected one-time gains of approximately 2.02 billion yuan and 298 million yuan, which will increase net profit by about 1.05 billion yuan and 134 million yuan, respectively [2]. Group 4: Asset Management - The company is conducting a comprehensive review and impairment testing of various assets, including debt investments and receivables, with expected impairment provisions of 1.4 billion to 1.6 billion yuan [3]. - This impairment is anticipated to reduce net profit by approximately 720 million to 820 million yuan for the first three quarters of 2025 [3].

Core Insights - The company, Yuexiu Capital, forecasts a net profit attributable to shareholders of 2.922 billion to 3.094 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 70% to 80% [1] Group 1 - The company is actively seizing opportunities in the stable development of the capital market, leading to an increase in investment business revenue [1] - The company's renewable energy business has seen a continuous increase in power generation alongside growing installed capacity, resulting in improved operational efficiency [1]

证券代码：000987 证券简称：越秀资本 公告编号：2025-058 广州越秀资本控股集团股份有限公司 三、风险提示 以上数据是公司财务部门根据《企业会计准则》及北京控股、 新天绿色能源经营业绩情况进行的初步估计，相关资产评估工作 尚在有序推进中，实际财务影响以公司定期报告披露数据为准。 请投资者注意投资风险。 一、参股相关公司的背景介绍 2024 年以来，为加强业务协同，并获取稳定的投资收益， 经公司总经理办公会审议决策，同意公司控股子公司广州资产管 理有限公司（以下简称"广州资产"）通过二级市场增持北京控 股港股股票（股票简称"北京控股"，股票代码：0392.HK），同意 公司控股子公司广州越秀产业投资有限公司（以下简称"越秀产 业投资"）通过二级市场增持新天绿色能源港股股票（股票简称 "新天绿色能源"，股票代码：0956.HK）。 截至目前，广州资产累计增持北京控股港股股票 5,207.35 万 股，占北京控股总股本的 4.14%；北京控股于 2025 年 9 月 30 日 披露《委任非执行董事》公告，广州资产董事长苏俊杰先生获委 任为北京控股董事。越秀产业投资累计增持新天绿色能源港股股 票 20,8 ...

Core Viewpoint - Yuexiu Capital (SZ 000987) is expected to report a net profit attributable to shareholders of approximately 2.922 billion to 3.094 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 70% to 80% [1] Financial Performance - The basic earnings per share are projected to be between 0.5808 yuan and 0.6152 yuan [1] - The significant increase in profit is attributed to the company's proactive engagement in the stable development opportunities of the capital market, leading to improved investment business returns [1] - The growth in the company's renewable energy business, driven by an increase in installed capacity and operational efficiency, has also contributed to the positive financial outlook [1] Revenue Composition - For the first half of 2025, the revenue composition of Yuexiu Capital is as follows: - Renewable energy business: 43.76% - Futures brokerage business: 27.38% - Financial leasing business: 23.45% - Non-performing asset management business: 4.68% - Investment management business: 1.55% [1] Market Capitalization - As of the report date, Yuexiu Capital has a market capitalization of 39.8 billion yuan [1]

越秀资本公告，预计2025年前三季度净利润为29.22亿元到30.94亿元，同比增长70%-80%。预计第三季 度净利润为13.64亿元到15.36亿元，同比增长94%-118%。前三季度扣除非经常性损益后的净利润预计为 14.06亿元到15.78亿元，同比增长18%-32%。 ...