Business Segments Western Securities Co.,Ltd.

Stocks

002673

CNE100001D96

Diversified Investment Services

End-of-day quote Shenzhen S.E. Other stock markets 10/07/2026			5-day change	1st Jan Change
6.510 ^CNY	-0.91%		-2.84%	-17.49%

18/06	Western Securities to Redeem 500-Million-Yuan Corporate Bonds	MT
17/06	Western Securities to Pay First Year Interest of 1 Billion Yuan Bond	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (CNY)

Fiscal Period: December	2021	2022	2023	2024	2025
Principal Investment Business	172.88Cr	59Cr	179.44Cr	204.79Cr	226.97Cr
Total Assets	5.22TCr	6.43TCr	6.53TCr	5.18TCr	6.39TCr
CAPEX	-22.56T	-22.56T	-66.23T	-74.88L	-22.45L
EBT	151.13Cr	51Cr	166.54Cr	178.93Cr	200.78Cr
D&A	88.45L	1.31Cr	1.52Cr	1.76Cr	1.84Cr
Operating Income	151.77Cr	51Cr	166.54Cr	178.9Cr	201.01Cr
Wealth Management Business	115.39Cr	96Cr	90Cr	112.62Cr	150.45Cr
Total Assets	3.11TCr	3.05TCr	2.73TCr	3.76TCr	5.89TCr
CAPEX	-1.12Cr	-84.75L	-86.29L	-49.21L	-61.87L
EBT	38Cr	24Cr	19Cr	34Cr	58Cr
D&A	7.85Cr	9.16Cr	8.88Cr	9.02Cr	8.95Cr
Operating Income	38Cr	24Cr	19Cr	34Cr	58Cr
Headquarters and Others	245.35Cr	237.13Cr	276Cr	217.65Cr	84Cr
Total Assets	4.6TCr	5.14TCr	5.21TCr	5.34TCr	5.77TCr
CAPEX	-6.47Cr	-6.62Cr	-9.69Cr	-6.31Cr	-2.82Cr
EBT	-68Cr	-73Cr	-89Cr	-91Cr	-76Cr
D&A	9.98Cr	9.77Cr	8.65Cr	9.9Cr	13Cr
Operating Income	-68Cr	-72Cr	-89Cr	-91Cr	-80Cr
Asset Management	51Cr	61Cr	64Cr	76Cr	66Cr
Total Assets	341.52Cr	250.78Cr	289.77Cr	445.98Cr	195.52Cr
CAPEX	-1.84Cr	-1.84Cr	-2.24Cr	-1.51Cr	-1.66Cr
EBT	7.66Cr	13Cr	13Cr	24Cr	11Cr
D&A	2.5Cr	3.34Cr	3.56Cr	3.8Cr	3.86Cr
Operating Income	7.64Cr	13Cr	13Cr	24Cr	11Cr
Credit Business	51Cr	49Cr	51Cr	50Cr	59Cr
Total Assets	894.3Cr	835.61Cr	912.87Cr	1.1TCr	1.56TCr
CAPEX	-	-	-	-9L	-1.2Cr
EBT	55Cr	44Cr	47Cr	47Cr	54Cr
D&A	20.65L	17.16L	11.15L	9L	14.58L
Operating Income	55Cr	44Cr	47Cr	47Cr	54Cr
Investment Banking	46Cr	33Cr	35Cr	27Cr	40Cr
Total Assets	28Cr	18Cr	5.68Cr	7.66Cr	2.62Cr
CAPEX	24.57L	-	-	-31.83L	-4L
EBT	9.83Cr	2.72Cr	1.35Cr	-3.03Cr	5.87Cr
D&A	73.83L	1.94Cr	1.87Cr	1.65Cr	1.23Cr
Operating Income	9.83Cr	2.72Cr	2.71Cr	-3.03Cr	9.25Cr
Dealing Division	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Offset	-7.04Cr	-4.44Cr	-5.83Cr	-17Cr	-28Cr
Total Assets	-5.68TCr	-6.16TCr	-6.06TCr	-6.24TCr	-7.65TCr
EBT	-5.45Cr	-3.51Cr	-5.1Cr	-16Cr	-27Cr
Operating Income	-5.45Cr	-3.51Cr	-5.1Cr	-16Cr	-27Cr

Geographical Revenue Distribution History

Geographical breakdown of sales (CNY)

Fiscal Period: December	2021	2022	2023	2024	2025
China	673.87Cr	528.39Cr	686.74Cr	668.82Cr	595.22Cr
Total Assets	8.51TCr	9.57TCr	9.62TCr	9.6TCr	12TCr
Interest Expense	-82Cr	-121.82Cr	-128.82Cr	-113.3Cr	-100.21Cr
Income Tax Expense	45Cr	13Cr	33Cr	31Cr	45Cr
D&A	15Cr	18Cr	17Cr	18Cr	20Cr
CAPEX	-20Cr	-20Cr	-23Cr	-19Cr	-15Cr
Net Income	141Cr	43Cr	116.57Cr	140.33Cr	175.37Cr
EBT	187.59Cr	59Cr	153.17Cr	174.23Cr	226.64Cr
Operating Income	187.94Cr	59Cr	154.47Cr	174.13Cr	226.9Cr