Guotai Junan International 2025 Results: Revenue Up 41%, Net Profit Surges 287% as Dividend Doubles

Guotai Junan International reported audited results for the year ended 31 December 2025. Revenue rose 41% year-on-year to HK$6.23 billion, driven by a 75% jump in commission and fee income to HK$1.53 billion and an 87% increase in net trading and investment income to HK$2.31 billion. Interest income edged up 3% to HK$2.39 billion.

Net profit attributable to ordinary equity holders reached HK$1.35 billion, a 287% increase from 2024. Basic and diluted earnings per share climbed to 14.1 HK cents, up from 3.6 HK cents. Return on equity improved to 8.7% from 2.3%.

The Board recommended a final dividend of HK$0.02 per share, bringing full-year dividends to HK$0.07 per share, up 119% from 2024 and representing a 50% payout ratio.

Total assets expanded 18% to HK$153.50 billion, while shareholders’ equity rose 6.3% to HK$15.86 billion. The equity per share increased to HK$1.66.

Segment highlights: • Wealth Management revenue slipped 3% to HK$1.85 billion amid lower interest income despite higher brokerage and product commissions. • Institutional Investor Services revenue declined 3% to HK$1.87 billion, with trading income offsetting softer interest income. • Corporate Finance Services revenue climbed 132% to HK$0.74 billion on stronger IPO and debt underwriting fees. • Investment Management revenue surged 571% to HK$1.77 billion, supported by gains in fixed-income securities and equities.

Operating expenses rose 25% to HK$2.11 billion, mainly from higher staff and other operating costs. Finance costs decreased 2% to HK$2.38 billion.

Post-year-end, the company issued US$400 million floating-rate notes due 2029 under its HK$35 billion medium-term note programme.