Guolian Minsheng Securities (1456) Q3 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2024 earnings summary
10 Dec, 2025Executive summary
Operating income for Q3 2024 rose 31.26% year-over-year to RMB 919 million, driven by increased investment business income.
Net profit attributable to shareholders surged 143.65% year-over-year in Q3 2024, reaching RMB 308 million.
For the first nine months of 2024, operating income fell 20.04% and net profit attributable to shareholders dropped 45.53% year-over-year.
Financial highlights
Q3 2024 basic and diluted EPS were RMB 0.11, up 175% year-over-year; nine-month EPS was RMB 0.14, down 46.15%.
Weighted average return on net assets for Q3 2024 increased by 0.97 percentage points year-over-year to 1.68%.
Total assets at September 30, 2024, were RMB 102.89 billion, up 18.09% from year-end 2023.
Owners’ equity attributable to shareholders rose 3.35% to RMB 18.36 billion.
Outlook and guidance
The company is pursuing a major asset reorganization to acquire 99.26% of Minsheng Securities Co., Ltd. via share issuance, pending regulatory approval.
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