Home » The net profit of 41 listed securities firms increased by 23% in the first three quarters, and their self-operated and brokerage revenues exceeded 100 billion. Which securities firms have more distinctive features? “2021 Brokers Golden Tripod Award” will be grandly announced | Daily Business News

The net profit of 41 listed securities firms increased by 23% in the first three quarters, and their self-operated and brokerage revenues exceeded 100 billion. Which securities firms have more distinctive features? “2021 Brokers Golden Tripod Award” will be grandly announced | Daily Business News

by admin

The three quarterly reports of 41 listed securities companies were successfully disclosed. According to the statistics of the “Daily Economic News”, the combined revenue and net profit of 41 listed securities companies in the first three quarters of this year both increased by 23%. Among them, 15 brokerages had revenues of more than 10 billion yuan, and 17 had revenues of more than 20% year-on-year; 11 brokerages had net profits of more than 5 billion yuan, and 18 had net profits of more than 20% year-on-year, especially Centaline Securities and Pacific Securities. Net profit has doubled.

The reporter noticed that with the active trading in the first three quarters, 41 brokerage business revenues increased significantly, with a year-on-year increase of nearly 20%, of which Zheshang Securities, Soochow Securities and Orient Securities increased by more than 40%. In addition, the increase in income from asset management and credit business is also remarkable. So, in many businesses, which brokerage firms will perform better in which areas? The answer will be announced at the “2021 Brokerage Golden Tripod Award” held in Shenzhen on November 8, 2021.

“2021 Brokerage Golden Tripod Award” will be held on November 8

The third quarterly reports of listed securities firms have been disclosed, industry data has performed well, and the effectiveness of wealth management transformation has gradually increased. But among the 140 brokerage firms in the industry, which ones are better in which areas? Perhaps the “2021 Brokers Golden Tripod Award” can give the answer.

It is reported that the “Golden Tripod Award” is an annual large-scale financial industry event hosted by the “Daily Economic News”. It has been successfully held for ten times so far, and has received the attention and recognition of major financial institutions in the industry. Beginning in 2017, the scope of selection for securities firms, private equity funds and other fields has been added. In the past 11 years, the “Golden Tripod Award” has become one of the most authoritative and recognized awards in the financial industry, and it has also become an important window for the public to understand the business, brand, and product teams of financial institutions.

See also  Huawei responds to rumors related to Chen Chunhua: Huawei doesn't know her, and she can't understand Huawei - Huawei Huawei - cnBeta.COM

The reporter learned that the “2021 Brokers Golden Tripod Award” will be held in Shenzhen on November 8, 2021. At that time, the five major categories of securities companies’ awards will be announced, namely wealth management, institutional business, investment banking, and social responsibility. Category, brokerage asset management category.

The above five categories of awards include several sub-field awards. For example, the awards under the wealth management category are the most popular APP in 2021, the outstanding operation team of brokerage APP in 2021, the gold investment consultant team in 2021, and the most in 2021. Wealth management comprehensive strength securities firm and 2021 financial technology innovation award.

For another example, under the institutional business category, there are the most promising research institutes in 2021 and the most influential custodian brokerage firms in 2021; the investment banking category includes the best A-share stock underwriters in 2021, the best A-share bond underwriters in 2021, The best sponsor for serving the new economy in 2021, the new investment bank in 2021, the best service provider for small, medium and micro enterprises in 2021, the 2021 science and technology innovation board classic case, and the 2021 growth enterprise board registration system classic case.

15 brokerages have revenues over 10 billion

Next, let’s take stock of the performance of 41 listed securities firms. According to Wind data, in the first three quarters of 2021, 41 listed securities companies achieved a total revenue of 469.847 billion yuan and a net profit of 148.441 billion yuan, a year-on-year increase of 22.55% and 22.85% respectively.

In terms of revenue, 15 of the 41 securities firms had revenue of more than 10 billion yuan in the first three quarters, of which CITIC Securities, Haitong Securities and Guotai Junan ranked in the top three, with revenues of 57.812 billion yuan, 34.839 billion yuan and 31.907 billion yuan respectively. In addition, seven companies including Huatai Securities, GF Securities, Galaxy Securities, and Shenwan Hongyuan also had revenues of more than 20 billion yuan.

In terms of net profit, 11 of the 41 brokerages had net profits of more than 5 billion yuan in the first three quarters. Among them, the net profits of CITIC Securities, Haitong Securities, Guotai Junan and Huatai Securities exceeded 10 billion yuan, reaching 17.645 billion yuan and 11.826 billion yuan respectively. Yuan, 11.635 billion yuan and 11.049 billion yuan. In addition, the net profit of GF Securities and China Merchants Securities also exceeded 8 billion yuan. At the same time, there are 14 brokerages whose net profit is still less than 1 billion yuan.

See also  Tax reform: in the draft there is an understanding only for a reduction in income tax

According to the statistics of the “Daily Economic News”, the top 10 securities firms in revenue totaled 293.408 billion yuan, accounting for 62.45% of 41 securities firms; the top 10 securities firms in net profit totaled 66.94%.

From the perspective of revenue changes, 36 brokerages saw a year-on-year increase in revenue in the first three quarters, 17 of which increased revenue by more than 20% year-on-year, while Zheshang Securities, Hongta Securities, Pacific Securities, Centaline Securities and Guolian Securities increased their revenues by more than 50%, an increase of 70.32%, 62.74%, 59.92%, 57.30% and 50.44% respectively. In addition, there were five brokerage firms whose revenue fell year-on-year.

Similarly, in terms of changes in net profit, 31 brokerages saw a year-on-year increase in net profit in the first three quarters, of which 18 had a year-on-year increase in net profit by more than 20%. In particular, Centaline Securities and Pacific Securities showed the ultra-high performance flexibility of small and medium-sized securities firms, and their net profits soared by 472.61% and 243.21% year-on-year respectively. In addition, Zheshang Securities, CICC and Caida Securities have also increased their net profits by more than 50%. However, there are also 10 brokerages whose net profits have fallen.

13 brokerage business income increased by more than 20%

From a business perspective, in the first three quarters, 41 securities firms’ self-operated business income reached 124.379 billion yuan, a year-on-year increase of 9.98%; brokerage business income reached 104.27 billion yuan, a year-on-year increase of 19.25%; credit, investment banking, and asset management income were 463.33 billion yuan. Billion yuan, 40.812 billion yuan and 34.979 billion yuan, up 15.12%, 0.61% and 24.58% year-on-year respectively.

Of course, among the above-mentioned businesses, the net fee income from the brokerage business attracts the most attention, which is closely related to the current wealth management of the brokerage gold track. In the first three quarters, under the condition of active market trading, the brokerage business income of brokerage firms also achieved a growth of nearly 20%.

See also  In the ninth anniversary of interconnection, the total transaction volume of northbound traffic reached 112 trillion yuan.

Specifically, 17 of the 41 securities firms had brokerage business revenues of more than 2 billion yuan, with CITIC Securities topping the list with 10.879 billion yuan. In addition, Guotai Junan, Galaxy Securities, GF Securities, China Merchants Securities, Huatai Securities, and Guosen Securities’ brokerage business income exceeded 5 billion yuan in the first three quarters.

From the perspective of changes in brokerage business income, there are 13 brokerage firms that have increased by more than 20% year-on-year in their brokerage business income in the first three quarters, and Zheshang Securities, Soochow Securities and Orient Securities have increased by more than 40%. In addition, the brokerage business income of Industrial Securities and CICC increased by more than 30% year-on-year, and 8 companies including China Securities, Hualin Securities, and West China Securities increased by more than 20%.

The reporter noticed that the brokerage business income of Tianfeng Securities in the first three quarters reached 742 million yuan, a year-on-year increase of 25%. Relevant persons in Tianfeng Securities said that in the first half of the year, the transformation of the company’s wealth management achieved initial results, and the competitiveness of its agency sales and investment advisory businesses continued to increase. Under the general trend of common prosperity, with the completion of the company’s product system, the company insists on focusing on the interests of customers, and realizes the preservation and appreciation of customers’ assets through professional research and development capabilities.

Finally, from the perspective of brokerage business income as a percentage of total operating income, a total of 27 companies accounted for more than 20%. Among them, Founder Securities ranked first, accounting for 55.25%. Changjiang Securities, Hualin Securities, and West China Securities accounted for more than 40%; Huaan Securities, Zhongtai Securities, Bank of China Securities and Guosen Securities accounted for more than 30%.

Cover image source: Photograph.com-500608299

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy