China Asset Management has disclosed its 2025 performance results, revealing a net profit of 2.396 billion yuan. The company's operating revenue reached 9.626 billion yuan, an increase of 19.86% compared to the previous year. As of December 31, 2025, the firm's total assets stood at 222.46 billion yuan, with total liabilities of 71.51 billion yuan. The parent company's assets under management amounted to 3,014.484 billion yuan.

Data on asset scale shows that China Asset Management's total public fund management scale reached 2,279.78 billion yuan by the end of 2025, marking a 27.5% growth. Its non-monetary fund management scale grew by 26.65% to 1,568.361 billion yuan, while ETF scale surged 45.36% to 957.3 billion yuan.

A comparison of operational performance and management scale data indicates that while the company's total public fund assets and non-monetary assets grew by approximately 27%, and ETF assets jumped 45%, revenue increased by less than 20% and net profit rose by only 11%.

This suggests diminishing marginal returns from scale expansion, as revenue and profit growth have not kept pace with the increase in assets under management. The faster growth in ETF scale, influenced by factors such as fee reductions, has contributed to the slower growth in revenue and net profit relative to overall asset expansion.