Guotai Haitong Securities Books RMB1.63 Billion in Asset Impairments for Late 2025

The latest update is out from Guotai Junan Securities Co., Ltd. Class H ( (HK:2611) ).

Guotai Haitong Securities Co., Ltd. has recognized significant asset impairment provisions for the period from October to December 2025 under China Accounting Standards for Business Enterprises, mainly relating to expected credit losses on long-term receivables, finance lease receivables and other credit-related assets, as well as smaller provisions on other assets, partly arising from leasing业务 acquired through its merger with Haitong Securities. The total impairment charges of RMB1.63 billion exceed 10% of the company’s 2024 audited net profit attributable to equity holders and are expected to reduce total profit by the same amount and cut net profit attributable to shareholders by RMB1.19 billion, highlighting a meaningful hit to short-term earnings even as the group emphasizes that its leasing segment continues to show stable development and controllable asset quality under its current risk-control-focused business model.

The most recent analyst rating on (HK:2611) stock is a Buy with a HK$18.00 price target. To see the full list of analyst forecasts on Guotai Junan Securities Co., Ltd. Class H stock, see the HK:2611 Stock Forecast page.

More about Guotai Junan Securities Co., Ltd. Class H

Guotai Haitong Securities Co., Ltd. is a PRC-incorporated securities firm listed in Hong Kong, operating through a group structure that includes businesses such as long-term and finance lease receivables, margin financing, financial assets under resale agreements and other debt investments, with a focus on risk control and maintaining stable asset quality and profitability in its leasing operations.

Average Trading Volume: 13,406,518

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$372.7B

See more data about 2611 stock on TipRanks’ Stock Analysis page.