Surpassing 30 billion! CITIC Securities' net profit last year increased by 38%, with a proposed dividend of 4.1 yuan per 10 shares.

CITIC Securities’ full-year net profit exceeds 30 billion yuan for the first time in history.

On the evening of March 26, CITIC Securities Co., Ltd. (hereinafter referred to as “CITIC Securities,” 600030.SH, 06030.HK) released the “2025 Annual Report,” which shows that during the reporting period, the company achieved an operating revenue of 74.854 billion yuan, a year-on-year increase of 28.79%; net profit attributable to shareholders of the parent company (hereinafter referred to as “net profit”) was 30.076 billion yuan, a year-on-year increase of 38.58%.

As of the end of 2025, CITIC Securities’ total assets were 208 billion yuan, an increase of 21.70% from the beginning of the year; shareholders’ equity attributable to the parent company was 3.199 trillion yuan, up 9.15% from the start of the year.

It is worth noting that in 2025, CITIC Securities’ dividend payout reached the highest level in the company’s history.

The 2025 annual report states that the company’s board of directors approved the profit distribution plan for the reporting period: a cash dividend of RMB 4.10 (tax included) per 10 shares. Additionally, the company paid a mid-year cash dividend of RMB 2.90 per 10 shares in February 2026. The total proposed cash dividend for the reporting period is RMB 7.00 per 10 shares (tax included).

According to the profit distribution plan approved by CITIC Securities’ board of directors for 2025, the company’s total cash dividends for the year amounted to RMB 10.374 billion (tax included), nearly 35% higher than the total dividends in 2024, setting a new record for the highest dividend payout since CITIC Securities was established.

Since its listing on the A-share market in 2003, CITIC Securities has continuously paid cash dividends for 24 years, with a total dividend distribution exceeding 93 billion yuan.

Quarterly, CITIC Securities’ highest revenue was in the third quarter of 2025, with a single-quarter revenue exceeding 20 billion yuan, reaching 23.019 billion yuan.

In the first two quarters of 2025, CITIC Securities’ operating revenues were 16.432 billion yuan and 16.695 billion yuan, respectively; in the fourth quarter, revenue was 18.708 billion yuan.

In terms of net profit, the highest was in the third quarter of last year, exceeding 9 billion yuan, reaching 9.621 billion yuan. The net profits for the first, second, and fourth quarters of 2024 were 6.608 billion yuan, 7.156 billion yuan, and 6.692 billion yuan, respectively.

Focusing on main business segments, the 2025 annual report shows that last year, securities investment business ranked first in revenue, totaling 27.605 billion yuan.

In 2025, CITIC Securities’ brokerage revenue also exceeded 20 billion yuan, reaching 20.787 billion yuan. Asset management revenue surpassed 10 billion yuan, amounting to 14.294 billion yuan.

In terms of growth, excluding other businesses, CITIC Securities’ securities underwriting business saw the highest increase in revenue in 2025, exceeding 50%, with a growth rate of 50.12%.

Last year, the revenue growth rates for CITIC Securities’ brokerage and asset management businesses both exceeded 20%, at 25.55% and 24.59%, respectively.

Additionally, the 2025 annual report shows that the company’s chairman’s compensation remained stable at around 2.3 million yuan during the reporting period.

Specifically, in 2025, Zhang Youjun, the executive director and chairman of CITIC Securities, received a pre-tax payable salary of 2.3034 million yuan from the company during the reporting period. In 2024, Zhang Youjun received a pre-tax payable salary of 2.3033 million yuan during the reporting period.

According to the 2023 annual report, Zhang Youjun, then chairman of the company, received a total pre-tax compensation of 5.0472 million yuan during the reporting period.

As of the close on March 27, according to Dazhihui VIP, CITIC Securities’ A-shares closed at 24.13 yuan, down 2.15%; Hong Kong stocks closed at HKD 23.78, down 3.65%.

(Source: The Paper)