2025-10-30 11:35Financial Performance - Total revenue for Q3 2025 reached ¥9,004,162,355.11, a 55.94% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥4,480,495,200.25, reflecting a 73.94% year-over-year growth[4] - The total profit for the period was ¥5,619,017,956.67, marking a significant increase of 96.52% from the previous year[4] - Basic earnings per share rose to ¥0.38, a 90.00% increase compared to the same quarter last year[4] - Total operating revenue for the first three quarters of 2025 reached ¥22.75 billion, a 44.3% increase from ¥15.76 billion in the same period of 2024[26] - Net profit for the first three quarters of 2025 was ¥10.97 billion, up 57.5% from ¥6.96 billion in the first three quarters of 2024[27] - The company reported a significant increase in investment income, totaling ¥11.15 billion, compared to ¥1.48 billion in the same period last year, marking a growth of 651.5%[26] - Net profit for the first three quarters of 2025 was CNY 9.92 billion, a 54.5% increase from CNY 6.42 billion in 2024[34] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥861,092,526,709.18, representing a 16.76% increase from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to RMB 861,092,526,709.18, an increase from RMB 737,470,691,457.89 as of December 31, 2024[23] - Total liabilities increased to RMB 792,174,186,709.18 from RMB 670,000,000,000.00 in the previous period[23] - The company's total assets as of September 30, 2025, amounted to CNY 730,648,365,129.09, an increase from CNY 645,705,764,711.05 at the end of 2024[31] - The company's total liabilities rose to CNY 584,469,422,772.00 as of September 30, 2025, up from CNY 510,205,709,946.22 at the end of 2024[32] Cash Flow - The company reported a net cash flow from operating activities of ¥33,090,979,606.89, down 43.00% compared to the previous year[4] - Operating cash flow for the first three quarters of 2025 was CNY 33,090,979,606.89, a decrease of 43% compared to CNY 58,056,098,739.59 in the same period of 2024[29] - Cash flow from operating activities generated a net inflow of CNY 8.92 billion, down 81.7% from CNY 48.68 billion in the previous year[36] - Cash flow from financing activities resulted in a net inflow of CNY 15.65 billion, reversing a net outflow of CNY 20.37 billion in the previous year[37] Income and Expenses - The company reported a significant increase in tax expenses, with income tax expenses rising by 422.40% to CNY 2,286,082,368.18, attributed to higher taxable income[15] - The company’s total operating expenses were ¥9.46 billion, an increase from ¥8.36 billion, which is a rise of 13.1% year-over-year[26] - Total operating expenses were CNY 7.10 billion, up 17.4% from CNY 6.04 billion in 2024[33] Shareholder Information - Total number of common shareholders at the end of the reporting period was 125,066, with 124,499 A-share common shareholders and 567 H-share registered shareholders[20] - The largest shareholder, China Galaxy Financial Holdings Co., Ltd., holds 5,186,538,364 shares, representing 47.43% of total shares[20] - The number of shares held by the top 10 shareholders accounted for a significant portion of the total shares, with the top shareholder alone holding 47.43%[20] Investment and Commission Income - Net commission income increased by 63.14% year-on-year to CNY 7,255,493,995.09, driven by growth in brokerage and investment banking services[15] - Net interest income for the current period reached CNY 1,267,133,775.08, a 61.05% increase due to reduced financing interest expenses[16] - Net interest income increased to ¥3.21 billion, compared to ¥2.63 billion in the previous year, reflecting a growth of 21.9%[26] - Net commission and fee income surged to CNY 6.29 billion, a 78.5% increase from CNY 3.53 billion in the previous year[33] Other Comprehensive Income - Other comprehensive income showed a negative change of -138.12%, with a net amount of CNY -1,090,047,143.06, impacted by fair value changes of equity investments[15] - Other comprehensive income after tax for the first three quarters of 2025 was a loss of ¥1.09 billion, compared to a gain of ¥2.86 billion in the same period last year[27]