中信证券总资产规模首破两万亿元
Di Yi Cai Jing Zi Xun·2025-10-24 16:13

Core Insights - The article highlights the significant performance improvement of six brokerage firms in the first three quarters of 2025, with a particular focus on CITIC Securities, which has become the first brokerage in China to surpass a total asset scale of 2 trillion yuan [2][3]. Group 1: CITIC Securities Performance - As of September 30, 2025, CITIC Securities reported total assets of 2.03 trillion yuan, marking a significant milestone as the first brokerage to enter the "2 trillion club" [2]. - The company's net profit attributable to shareholders reached 231.59 billion yuan, a year-on-year increase of 37.86%, with a return on equity (ROE) of 8.15%, up by 1.85 percentage points [5]. - CITIC Securities' operating income for the first three quarters was 558.15 billion yuan, reflecting a year-on-year growth of 32.7% [5]. Group 2: Revenue Breakdown - The revenue from brokerage services was 109.39 billion yuan, up 52.9% year-on-year; investment banking services generated 36.89 billion yuan, a 30.88% increase; asset management services brought in 87.03 billion yuan, growing by 16.37%; and proprietary trading income surged to 316.03 billion yuan, a remarkable increase of 169.40% [2]. - In Q3 2025 alone, CITIC Securities achieved operating income of 227.75 billion yuan, a year-on-year increase of 55.71%, and a net profit of 94.4 billion yuan, up 51.54% year-on-year and 31.59% quarter-on-quarter [2]. Group 3: Other Brokerages Performance - Other brokerages also reported strong performance, with Dongfang Caifu achieving a net profit of 90.97 billion yuan, a 50.57% increase year-on-year [6]. - Dongwu Securities projected a net profit between 27.48 billion yuan and 30.23 billion yuan, reflecting a year-on-year growth of 50% to 65% [7]. - Jianghai Securities reported a net profit of 4.88 billion yuan, a significant year-on-year increase of 140.39% [7].