Cinda Securities(SH:601059) Xin Lang Cai Jing·2025-11-01 00:09Core Viewpoint - Xinda Securities, established in 2007 and listed on the Shanghai Stock Exchange in 2023, is a comprehensive securities firm with strong competitiveness in investment banking and wealth management [1] Group 1: Business Performance - For Q3 2025, Xinda Securities reported revenue of 3.019 billion yuan, ranking 29th out of 45 in the industry, significantly lower than the top firms, CITIC Securities at 55.815 billion yuan and Guotai Junan at 45.892 billion yuan [2] - The net profit for the same period was 1.381 billion yuan, ranking 26th in the industry, again trailing behind CITIC Securities at 23.916 billion yuan and Guotai Junan at 23.059 billion yuan, but above the industry average of 388.1 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Xinda Securities had a debt-to-asset ratio of 73.12%, higher than the previous year's 66.84% and above the industry average of 68.82% [3] - The gross profit margin for Q3 2025 was 46.97%, an increase from 39.35% in the previous year and above the industry average of 42.78% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.86% to 80,200, while the average number of circulating A-shares held per account increased by 4.02% to 8,628.07 [5] - The top circulating shareholders included various ETFs, with notable increases in holdings for Guotai Zhongzheng All Index Securities Company ETF and Huabao Zhongzheng All Index Securities Company ETF [5]