Hong Kong-listed Nanhua Futures Co., Ltd. released unaudited first-quarter 2026 results prepared under PRC GAAP.

Operating revenue reached RMB 433.13 million, up 60.66 % year on year, driven by a larger client equity base and higher transaction volumes in the futures market. Net profit attributable to shareholders rose to RMB 204.76 million, a 138.82 % increase, lifting basic earnings per share to RMB 0.29. Weighted average return on equity improved 1.54 percentage points to 3.61 %.

Core operations accounted for virtually all earnings; non-recurring items netted only a negative RMB 0.02 million. Investment income contributed strongly, climbing to RMB 107.41 million versus RMB 13.46 million a year earlier, while net interest income advanced to RMB 193.12 million.

The balance sheet expanded, with total assets up 19.32 % from end-2025 to RMB 78.12 billion, largely reflecting higher client margin deposits. Owners’ equity edged up 2.88 % to RMB 5.76 billion. Parent-company net capital declined to RMB 1.75 billion, but key regulatory ratios remained above minimums, including a net-capital-to-risk-capital-provisions ratio of 137 %.

Cash generation strengthened markedly. Operating activities produced a positive net inflow of RMB 5.32 billion, a swing from a RMB 11.76 billion outflow in the prior-year period, mainly due to increased client funds. Net investing cash inflow totaled RMB 0.61 billion, while financing activities added RMB 0.09 billion. Overall cash and cash equivalents rose to RMB 30.63 billion at quarter-end.

The shareholder base remained concentrated: Hengdian Group Holdings Co., Ltd. held 59.23 % of shares, while HKSCC Nominees Limited accounted for 15.00 %.

Management attributes the first-quarter performance to active market conditions and the company’s expanded client franchise, positioning Nanhua Futures for continued growth through 2026. All figures are unaudited and denominated in RMB unless otherwise stated.