On a TTM basis through 2026Q1, pre-tax profit is currently about 7,257.3bn, equivalent to a pre-tax margin of 60.6%, showing a relatively clean and sufficiently thick earnings base, while margin has narrowed by 1.7pp, pointing to greater pressure on earnings quality. The revenue mix is now leaning more toward lending at 37.7% but narrowing by 0.4pp, while trading is at 32.7%; brokerage and services are still 29.6% but have narrowed by 0.3pp, so diversification needs closer monitoring. On the balance sheet, Equity / Assets is 51.3% while Leverage is about 0.95x, indicating a still relatively balanced capital posture, with buffers thickening and leverage easing further.