--- title: "Insight into the Third Quarter Reports of Listed Securities Firms: Dual Drivers of Brokerage and Investment Business, the \"Elephant\" Steadily Moves, while the \"Dark Horse\" Speeds Ahead" description: "The third quarterly report of A-share listed securities firms in 2025 shows that 42 securities firms achieved operating income of 418.95 billion yuan, a year-on-year increase of 16.96%; net profit was" type: "news" locale: "en" url: "https://longbridge.com/en/news/263594336.md" published_at: "2025-10-30T19:50:22.000Z" --- # Insight into the Third Quarter Reports of Listed Securities Firms: Dual Drivers of Brokerage and Investment Business, the "Elephant" Steadily Moves, while the "Dark Horse" Speeds Ahead > The third quarterly report of A-share listed securities firms in 2025 shows that 42 securities firms achieved operating income of 418.95 billion yuan, a year-on-year increase of 16.96%; net profit was 171.038 billion yuan, a year-on-year increase of 62.06%. Leading securities firms have an advantage in scale, while small and medium-sized securities firms perform outstandingly in growth rate. Market trading is active, and industry insiders expect that the business of securities companies will further improve. Although the sector's valuation remains low, it still presents strategic allocation opportunities The disclosure of the third quarterly reports of A-share listed securities firms for 2025 has successfully concluded. A total of 42 listed securities firms achieved operating revenue of 418.95 billion yuan, a year-on-year increase of 16.96%; the net profit attributable to shareholders of the listed companies reached 171.038 billion yuan, a year-on-year increase of 62.06%. Throughout the first three quarters, the securities industry exhibited a distinct characteristic of "scale and growth rate competing on separate tracks": leading securities firms are the "kings of scale," while small and medium-sized firms have boldly claimed the "crown of growth rate." Behind the "shining" performance of listed securities firms is the rise in market trading activity. Looking ahead, industry insiders believe that various businesses of securities companies will reach a new level, and with profitability steadily improving while the sector's valuation remains relatively low, the securities sector still presents strategic allocation opportunities ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Himalaya Food International Announces Strategic U.S. Expansion Through Official Product Registration With US Foods | Himalaya Food International Ltd :HIMALAYA FOOD INTERNATIONAL - ANNOUNCES STRATEGIC U.S. EXPANSION THROUGH OFFICIAL PRODU | [Link](https://longbridge.com/en/news/276220273.md) | | Even Elephants Have Enemies: 8 Animals That Can Take Them Down | The article discusses the surprising fact that elephants, despite being the largest land animals, can have predators. It | [Link](https://longbridge.com/en/news/276250634.md) | | Shopify Brief: Truist Says "Oppty Emerges W/Market Dislocation; Fundamental Growth Drivers Well Intact"; Upgrades SHOP to Buy and US$150 PT | Shopify Brief: Truist Says "Oppty Emerges W/Market Dislocation; Fundamental Growth Drivers Well Intact"; Upgrades SHOP t | [Link](https://longbridge.com/en/news/276130456.md) | | Steak 'n Shake credits Bitcoin strategy as driver of sales growth | Steak 'n Shake's Bitcoin experiment has evolved into a sales driver and a balance sheet strategy. | [Link](https://longbridge.com/en/news/276114408.md) | | Raymond James Sticks to Its Buy Rating for Polaris Infrastructure (PIF) | Raymond James analyst maintained a Buy rating on Polaris Infrastructure today and set a price target of C$18.25.Presiden | [Link](https://longbridge.com/en/news/276490656.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.