CITIC Securities 2025 Annual Report Shines: Revenue of 74.854 billion, Net Profit Attributable to Parent of 30.076 billion, Business Flourishing on All Fronts

CITIC Securities’ latest disclosed financial report for the year 2025 shows that the company achieved an operating income of 74.854 billion yuan, an increase of 28.79% compared to the previous year; the net profit attributable to the parent company’s shareholders reached 30.076 billion yuan, with a year-on-year growth of 38.58%. This report marks a return to rapid growth for this leading brokerage firm, with the management attributing the growth to an optimized capital market environment and synergetic development across multiple business lines.

In terms of revenue composition, the securities investment business topped the list with an income of 27.605 billion yuan, a year-on-year increase of 14.83%. The brokerage business and asset management business contributed 20.787 billion yuan and 14.294 billion yuan respectively, with growth rates of 25.55% and 24.59%. The performance of the securities underwriting business was particularly impressive, with an income of 6.055 billion yuan, a year-on-year increase of 50.12%, while other business income surged by 203.38% to 6.113 billion yuan, forming a new growth pole.

In the investment banking sector, CITIC Securities continues to maintain its industry-leading position. Domestic equity financing and merger and acquisition restructuring businesses firmly occupy the market’s top position, and the debt financing business has seen its bond underwriting scale exceed 2 trillion yuan for two consecutive years, setting a new industry record. Throughout the year, 72 A-share lead underwriting projects were completed, with an underwriting amount of 270.646 billion yuan, capturing a market share of 24.36%. In the overseas market, 91 equity financing projects were completed, with an underwriting scale of 7.911 billion US dollars, including 51 IPO and refinancing projects in the Hong Kong market, with an equity financing underwriting scale of 7.549 billion US dollars.

The profit distribution plan continues its prudent style, with the company proposing to distribute a cash dividend of 4.10 yuan (including tax) for every 10 shares to all shareholders, expecting a total cash distribution of 6.076 billion yuan (including tax). This dividend ratio maintains continuity in shareholder returns while reserving ample space for the company’s continued development.