China Merchants Securities reports Q1 2025 results

China Merchants Securities (SSE:600999) today released its first-quarter report for 2025, showcasing a CNY2,307.63 million net profit attributable to shareholders, up from CNY2,157.22 million in the same period last year. Operating revenue also saw a rise, reaching CNY4,712.95 million, a 9.64% increase from CNY4,298.67 million in Q1 2024. The company's basic and diluted earnings per share both increased by 8.70% to CNY0.25. However, net cash flow from operating activities significantly declined, reporting a deficit of CNY37,212.17 million compared to positive cash flow of CNY6,641.51 million in the prior year, largely due to trading financial assets. The securities firm reported total assets of CNY661,287.76 million and shareholders' equity of CNY131,581.24 million.