Xin Lang Cai Jing·2025-10-30 12:46Core Viewpoint - CITIC Securities reported a significant increase in net profit and revenue for the third quarter and the first three quarters of 2025, driven by higher investment income and commission revenue [2][3]. Financial Performance - In Q3 2025, CITIC Securities achieved an operating revenue of 6.549 billion yuan, a year-on-year increase of 55.29% [2][4]. - The net profit attributable to shareholders reached 2.580 billion yuan, marking a year-on-year increase of 79.21% [2][4]. - For the first three quarters of 2025, the total operating revenue was 17.289 billion yuan, up 31.25% year-on-year, while net profit was 7.089 billion yuan, an increase of 64.95% [2][4]. Earnings Per Share - Basic earnings per share for Q3 2025 were 0.30 yuan, doubling from 0.15 yuan in the same period last year, representing a 100% increase [2][4]. - For the first three quarters of 2025, basic earnings per share were 0.82 yuan, an increase of 82.22% compared to the previous year [2][4]. Asset Growth - As of the end of Q3 2025, CITIC Securities' total assets amounted to 662.757 billion yuan, reflecting a 17.01% increase from the end of 2024 [2]. Revenue Sources - Investment income for the first three quarters of 2025 was 7.459 billion yuan, a substantial increase of 113.61% year-on-year, attributed to gains from the disposal of trading financial assets [3]. - Commission and fee income reached 9.088 billion yuan, up 40.08% year-on-year, driven by growth in brokerage services [3]. Shareholder Structure - As of the end of Q3 2025, major shareholders included Beijing Financial Holdings Group (35.81%), Central Huijin Investment (30.76%), and Hong Kong Central Clearing (10.52%) [5][6].