Nan Fang Du Shi Bao·2026-03-28 05:55Core Viewpoint - In 2025, the company achieved steady growth in operating performance, with total revenue of 24.97 billion yuan, a year-on-year increase of 19.53%, and a net profit attributable to shareholders of 12.35 billion yuan, up 18.91% [2][4] Financial Performance - The company's profitability improved, with a weighted average return on equity of 9.94%, an increase of 1.12 percentage points year-on-year, and basic earnings per share of 1.35 yuan, up 19.47% [3] - In Q3 2025, the company reached its peak performance with revenue of 7.72 billion yuan and net profit of 3.69 billion yuan, reflecting a quarter-on-quarter growth of 32.99% and 27.98% respectively [3] - As of the end of 2025, total assets amounted to 753.48 billion yuan, a 4.48% increase from the previous year, while total liabilities rose by 4.15% to 615.43 billion yuan [3][4] Dividend Distribution - The company plans to distribute a cash dividend of 4.49 yuan per 10 shares, totaling 39.05 billion yuan, which represents 31.62% of the net profit attributable to shareholders [4] Business Segment Performance - Wealth management and institutional business became the main revenue pillars, generating 13.83 billion yuan, accounting for 55.36% of total revenue, with a year-on-year growth of 35.10% [5] - The investment banking segment achieved revenue of 1.03 billion yuan, a 20.27% increase, ranking fourth in A-share IPO underwriting [6] - The investment and trading business generated 6.94 billion yuan, reflecting a 9.56% growth [7] External Challenges - Despite overall high growth, some financial indicators faced pressure due to external market conditions, with exchange gains dropping by 73.39% to 32.35 million yuan [8] - The net cash flow from operating activities turned negative at -31.37 billion yuan, a significant decline of 157.32% compared to the previous year [8]