Guotai Haitong has taken the lead in disclosing its 2026 half-year performance forecast, estimating net profit attributable to parent company shareholders for the first half at 20.003 billion yuan to 20.511 billion yuan, a year-on-year increase of 27% to 30%. Net profit after deducting non-recurring items is projected at 19.249 billion yuan to 19.757 billion yuan, surging 164% to 171% year-on-year, setting a new record high for the company's half-year performance. For the second quarter alone, net profit attributable to parent is expected to be 13.615 billion yuan to 14.123 billion yuan, skyrocketing 290% to 304% year-on-year, and up 113% to 121% from the first quarter's 6.388 billion yuan. Deducted net profit is forecast at 13.538 billion yuan to 14.046 billion yuan, up 240% to 252% year-on-year, and a sharp increase of 137% to 146% quarter-on-quarter. The second quarter's deducted net profit already accounts for over 70% of the total first-half deducted profit. The strong performance is mainly driven by the release of post-merger synergies, with significant year-on-year growth in revenue from wealth management, investment banking, institutional and trading services, and investment management. Notably, the investment banking division led the industry with 13 IPO sponsorship mandates.
Guotai Junan Securities Co LtdGuotai Haitong (Guotai Junan) disclosed a record half-year net profit forecast, with net profit up 27-30% YoY and deducted net profit surging 164-171% YoY.
China International Capital Corp Ltd