Xin Lang Zheng Quan·2025-09-01 14:07Core Insights - China Galaxy Securities reported a net profit of 6.488 billion yuan for the first half of 2025, reflecting a year-on-year increase of 47.86%, despite a decline in revenue ranking from third to fifth in the industry [1][2][3]. Financial Performance - The company achieved operating revenue of 13.746 billion yuan, a year-on-year growth of 37.71%, although the revenue decreased by 3.339 billion yuan compared to the previous year [2][4]. - The total profit amounted to 7.635 billion yuan, marking a significant increase of 68.09% year-on-year [2]. - The net profit attributable to shareholders increased by 21 million yuan, indicating progress in revenue structure optimization and profit margin enhancement [2][7]. Industry Ranking - Despite the revenue ranking drop, China Galaxy's net profit ranking improved from fifth to fourth in the industry, showcasing its resilience and competitive strength [1][3][7]. - The average net profit growth rate in the industry was 127%, indicating that while China Galaxy's growth was below average, it still managed to improve its position [2][7]. Strategic Shift - Under the leadership of General Manager Xue Jun, China Galaxy is shifting focus from scale expansion to enhancing quality and efficiency, which is reflected in its improved profitability [3].