CITIC Securities reports strong half-year profit growth, proposes dividend

CITIC Securities reported a substantial increase in its financial performance for the first half of 2025, with total revenue and other income rising by 16.28% to 46,552 million yuan. Net profit attributable to owners of the parent grew by 29.79% to 13,719 million yuan. Basic and diluted earnings per share also increased to 0.89 yuan. The company proposed a cash dividend of 2.90 yuan per 10 shares, representing 32.53% of the unaudited net profit attributable to ordinary shareholders for the period.

The Group's total assets as of June 30, 2025, reached 1,807,731 million yuan, a 5.67% increase from the previous year-end. Total liabilities also rose by 6.01% to 1,496,806 million yuan, while equity attributable to owners of the parent increased by 4.20% to 305,433 million yuan. The gearing ratio, excluding customer brokerage deposits and funds payable to securities issuers, slightly decreased to 77.37%.

Key business segments saw varied growth, with brokerage revenue up 20.11% to 14,202 million yuan and asset management revenue increasing by 20.41% to 6,141 million yuan. Investment banking revenue also grew by 17.92% to 2,132 million yuan. The company continued to lead in domestic equity and debt financing, securing a 19.19% market share in A-share lead underwriting.