Financial Performance - The company achieved a net profit of CNY 1.51 billion in the first half of 2025, an increase of CNY 418 million year-on-year [1] - The net profit attributable to shareholders reached CNY 15.58 billion, a year-on-year growth of 53.40% [7] - The company plans to distribute a mid-term cash dividend of CNY 450 million (including tax) for the first time [3][8] Investment Strategy - The company has invested over CNY 150 billion in the new energy sector over the past three years, focusing on solar and wind energy [4] - In the first half of 2025, the company’s renewable energy stations generated a total of 7.81 billion kWh, resulting in electricity revenue of CNY 2.423 billion, a year-on-year increase of 122.69% [5] - The company is developing a diversified product matrix for renewable energy funds and enhancing its green asset management platform [6] Market Positioning - The company aims to become a leading and respected multi-financial investment holding group in China, focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance [4][9] - The company has maintained a consistent dividend policy since its listing in 2000, with cumulative cash dividends amounting to CNY 6.786 billion [10] Risk Management - The company is actively managing its market value and has incorporated market value management into the performance assessment of its management team [3][11] - The company reported a 28.69% decrease in net cash flow from operating activities, primarily due to reduced net borrowing from financial institutions [5] Future Outlook - The company is focused on enhancing its core competitiveness and sustainable development while maintaining stable profit distribution policies [4][10] - The management is optimistic about future growth, leveraging the current bull market in the Chinese capital market to improve the company's image [3][7]

Market Overview - The diversified financial sector experienced a decline of 4.03% on September 3, with Zhongyou Capital leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Individual Stock Performance - Zhongyou Capital (000617) closed at 10.89, down 7.40% with a trading volume of 3.8771 million shares and a transaction value of 4.308 billion [1] - Lakala (300773) closed at 25.42, down 5.71% with a trading volume of 426,100 shares and a transaction value of 1.114 billion [1] - ST Nengmao (6650009) closed at 8.58, down 4.98% with a trading volume of 52,000 shares and a transaction value of 45.5848 million [1] - Huajin Capital (000532) closed at 14.70, down 4.73% with a trading volume of 115,200 shares and a transaction value of 173 million [1] - New Power Financial (600318) closed at 10.22, down 4.66% with a trading volume of 418,200 shares and a transaction value of 434 million [1] Capital Flow Analysis - The diversified financial sector saw a net outflow of 1.32 billion from institutional investors, while retail investors had a net inflow of 1.265 billion [1] - The table of capital flow indicates varying levels of net inflow and outflow among individual stocks, with some stocks like ST Xiongmao and ST Rindong experiencing significant outflows from institutional investors [2]

Core Viewpoint - The company, Yuexiu Capital, is currently undergoing significant changes in its investment strategies and financial performance, particularly in its futures business and investments in real estate and automotive sectors [2][3]. Group 1: Stock Performance - As of September 2, 2025, Yuexiu Capital's stock closed at 7.77 yuan, down 2.14%, with a turnover rate of 1.3%, trading volume of 650,900 shares, and a transaction value of 504 million yuan [1]. Group 2: Corporate Actions and Responses - The board of directors approved a plan for its subsidiary, Guangzhou Asset, to purchase Hong Kong-listed shares of Yuexiu Property, which is still within the authorization period, and the execution will depend on market conditions [2]. - The futures business revenue significantly declined from 3.6 billion yuan in the previous year to 1.56 billion yuan this year, attributed to new accounting rules affecting revenue recognition [2]. - The company has not disclosed its investment involvement in Yushutech and is adhering to legal and disclosure requirements regarding its investments [2]. Group 3: Capital Flow - On September 2, 2025, the net outflow of main funds was 80.54 million yuan, accounting for 15.97% of the total transaction value, while retail investors saw a net inflow of 21.31 million yuan, representing 4.22% of the total [3].

Core Viewpoint - Yuexiu Capital (000987.SZ) reported a decline in total revenue for the first half of 2025, while net profit showed significant growth, indicating a mixed performance in financial results [1] Financial Performance - The company achieved total operating revenue of 5.537 billion yuan, a year-on-year decrease of 17.94% [1] - Net profit attributable to shareholders reached 1.558 billion yuan, reflecting a year-on-year increase of 53.40% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.551 billion yuan, marking a year-on-year growth of 78.96% [1] - Basic earnings per share were reported at 0.3093 yuan [1] Dividend Distribution - The company proposed a cash dividend of 0.90 yuan (including tax) for every 10 shares to all shareholders [1]

Group 1 - The core viewpoint of the article highlights that Yuexiu Capital has achieved significant growth in its operating performance during the first half of 2025, with a net profit attributable to shareholders of 1.558 billion yuan, representing a year-on-year increase of 53.40% [1] - The company reported a record high net profit after deducting non-recurring items, amounting to 1.551 billion yuan [1] - The board of directors proposed the company's first-ever interim dividend since its listing, planning to distribute a cash dividend of 0.90 yuan per 10 shares (tax included), with an expected total payout of 450 million yuan [1] Group 2 - Yuexiu Capital has consistently returned value to its shareholders, having distributed a total of 6.786 billion yuan in cash dividends since its listing in 2000, and has introduced annual dividend plans for 25 consecutive years [1] - The introduction of an interim dividend reflects the company's commitment to rewarding shareholder trust and sharing the benefits of its growth [1]

Core Viewpoint - The company reported significant growth in its operating performance for the first half of 2025, driven by its renewable energy business and strategic investments [1] Financial Performance - Total operating revenue reached 5.537 billion yuan, with a notable contribution from the renewable energy sector [1] - The net profit attributable to shareholders was 1.558 billion yuan, reflecting a year-on-year increase of 53.40% [1] - The net profit after deducting non-recurring items was 1.551 billion yuan, marking a historical high for the same period [1] - Return on equity (ROE) improved to 5.05%, an increase of 1.55 percentage points year-on-year [1] - As of the end of the reporting period, total assets amounted to 212.243 billion yuan, with net assets attributable to shareholders at 31.9 billion yuan [1] - The debt-to-asset ratio stood at 77.68%, indicating a stable financial condition [1] Strategic Focus - The company capitalized on the stable development opportunities in the capital market, achieving good returns from its investment business [1] - It continued to focus on its core responsibilities, aligning with the strategic framework of enhancing financial services and supporting new productive forces [1] - The dual-platform business model of "development and operation + investment management" in the renewable energy sector has matured, becoming a new engine for performance growth [1]

Core Insights - Yuexiu Capital reported a total revenue of 5.537 billion yuan for the first half of 2025, with significant support from its new energy business [1] - The company achieved a net profit attributable to shareholders of 1.558 billion yuan, marking a year-on-year increase of 53.40% [1] - The return on equity (ROE) improved to 5.05%, up by 1.55 percentage points compared to the previous year [1] Financial Performance - Yuexiu Capital's total assets reached 212.243 billion yuan, with a net asset value of 31.9 billion yuan and a debt-to-asset ratio of 77.68% [1] - Yuexiu Leasing, a subsidiary, generated a revenue of 3.498 billion yuan, reflecting a year-on-year growth of 29.29%, and a net profit of 1.033 billion yuan, up by 25.75% [2] - Yuexiu New Energy, another subsidiary, reported a revenue of 2.199 billion yuan, with a remarkable growth of 122.37%, and a net profit of 516 million yuan, increasing by 133.80% [2] Business Segments - Guangzhou Asset Management, focusing on non-performing asset management, achieved a revenue of 259 million yuan and turned a profit with a net income of 17 million yuan [3] - Yuexiu Industry Investment Fund and Yuexiu Industry Investment reported a combined revenue of 435 million yuan and a net profit of 151 million yuan, showing increases of 5.25 million yuan and 4.18 million yuan respectively [4] - Guangzhou Futures, engaged in futures business, recorded a revenue of 1.516 billion yuan and a net profit of 26.77 million yuan, with significant growth in brokerage and asset management services [5]

智通财经APP讯，越秀资本(000987.SZ)发布2025年半年度报告，报告期内，公司实现营业收入55.37亿 元，同比下降17.94%。实现归属于上市公司股东的净利润15.58亿元，同比增长53.40%。实现归属于上 市公司股东的扣除非经常性损益的净利润15.51亿元，同比增长78.96%。基本每股收益0.3093元。 ...

证券代码：000987 证券简称：越秀资本 公告编号：2025-054 二、问题征集方式 为充分尊重投资者，广泛听取投资者咨询、意见和建议，提 升交流有效性，公司将就本次业绩说明会向投资者征集问题。投 广州越秀资本控股集团股份有限公司（以下简称"公司"）于 2025 年 8 月 30 日在巨潮资讯网（www.cninfo.com.cn）披露公司 《2025 年半年度报告》及其摘要。为便于广大投资者进一步了 解公司《2025 年半年度报告》内容及 2025 年上半年经营管理情 况，公司拟举办 2025 年半年度网上业绩说明会。具体安排如下： 一、业绩说明会相关安排 （一）召开时间：2025 年 9 月 4 日（星期四）15:00 至 16:30。 （二）召开方式：网络远程。投资者可登陆"全景网"资本市 场路演互动平台（http://rs.p5w.net）参与本次业绩说明会。 （三）公司出席人员：董事长王恕慧先生，副董事长、总经 理兼董事会秘书吴勇高先生，独立董事刘中华先生、冯科先生， 财务负责人（代）潘永兴先生。 广州越秀资本控股集团股份有限公司 关于举办 2025 年半年度网上业绩说明会的公告 本公司及董事会 ...

广州越秀资本控股集团股份有限公司 GUANGZHOU YUEXIU CAPITAL HOLDINGS GROUP CO., LTD. 2025 年半年度财务报告 股票简称：越秀资本/股票代码：000987 2025 年 8 月 广州越秀资本控股集团股份有限公司 2025 年半年度财务报告 财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 1、合并资产负债表 编制单位：广州越秀资本控股集团股份有限公司 单位：元 | 项目 | 2025 年 6 月 30 日 | 2024 年 12 月 31 日 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 17,704,318,238.94 | 18,688,802,763.52 | | 结算备付金 | 952,077.79 | 1,449,402.86 | | 拆出资金 | | | | 交易性金融资产 | 48,885,211,953.97 | 56,603,178,877.73 | | 衍生金融资产 | | | | 应收票据 | | | | 应收账款 | 1,040,118,93 ...