Here is the translation of the previous response regarding the outlook and EPS forecast for East Money (300059.SZ):
Key Changes This Quarter
- Increased Market Activity: Benefiting from the warming sentiment in the A-share market, the scale of brokerage and margin financing businesses expanded significantly, leading to strong growth in both trading commissions and interest income.
- Institutional Business Expansion: The company continued to strengthen its customer acquisition capabilities through its digital wealth management platform. Particularly in the fund distribution segment, it solidified its market share by aligning with the trend of returning market capital.
- Adaptation to Macro Environment: Despite macroeconomic pressures stemming from geopolitical risks and oil price fluctuations, East Money has demonstrated strong resilience thanks to its asset-light and traffic-driven business model.
Outlook for Next Quarter
- Policy Tailwinds: The market widely expects the regulatory framework for China’s capital markets to continue improving. Under a moderately loose monetary policy stance, sufficient liquidity is expected to help maintain active trading, which will continue to provide significant support for East Money’s core revenue.
- “Slow Bull” Trend: Market analysts generally believe the A-share market is in a “slow bull” phase. While uncertainties from external factors remain, investor risk appetite is expected to stay high, supporting steady performance growth for the company in subsequent quarters.
- Strategic Focus: It is anticipated that the company will continue to deepen its digital transformation, optimize user experience, and focus on potential profit improvements driven by new growth industries.
One-Year EPS Forecast
Based on consensus institutional forecasts as of early June 2026:
- 2026 Annual EPS Forecast: Approximately 0.93 CNY.
- Earnings Growth Expectation: Compared to the previous year, net profit and EPS for the full year of 2026 are expected to maintain a growth rate of approximately 21% to 22%.
The above figures are based on average institutional forecasts; actual performance may be affected by changes in market trading volume, adjustments to capital market regulations, and macroeconomic fluctuations.
Sources:
East Money (300059) Earnings Forecast – 10jqka
26 “Chiefs” Take the Pulse of 2026: Confidence in China’s Economy, Strategically Bullish on A-shares
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