Guolian Minsheng Securities reports triple-digit revenue and profit growth in H1 2025

Guolian Minsheng Securities Company Limited reported a substantial performance uplift in the first half of 2025. Total revenue, net investment gains, and other income surged by 188.54% year-on-year to RMB5,309,801 thousand, while profit attributable to shareholders of the company increased by 1,185.19% to RMB1,127,232 thousand. Basic earnings per share rose from RMB0.03 to RMB0.20, and weighted average returns on net assets increased by 2.04 percentage points to 2.52%.

The company’s total assets grew by 90.72% to RMB185,396,985 thousand by June 30, 2025, with equity attributable to shareholders increasing by 174.90% to RMB51,087,714 thousand compared to the end of 2024. The gearing ratio improved, decreasing by 11.26 percentage points to 65.81%. The acquisition of Minsheng Securities Co., Ltd. significantly contributed to this growth, with 99.26% of Minsheng Securities acquired, leading to goodwill of RMB12,929,343 thousand.

Brokerage and wealth management revenue increased by 238.07%, investment banking by 223.02%, and proprietary trading by 515.02%. The company's margin financing and securities lending balance reached RMB17,207 million, with its market share rising to 9.299‰. Guolian Fund's total asset management size reached RMB196,916 million.