As of April 27th, a total of 24 securities firms have disclosed their first quarter reports. According to the data, a total of 18 securities firms experienced a year-on-year decrease in net profit attributable to shareholders, with 14 experiencing a “double decline” in revenue and net profit attributable to shareholders. The net profit attributable to shareholders of Industrial Securities, Haitong Securities, Huaxi Securities, and Pacific Securities all decreased by more than 60% year-on-year, while the decline of 10 securities firms including Hualin Securities and Western Securities was between 10% and 50%. Under widespread industry pressure, five securities firms including Zhongyuan Securities, Dongxing Securities, Fangzheng Securities, Shouchuang Securities, and Nanjing Securities recorded a “double increase” in revenue and net profit attributable to shareholders. Among them, Zhongyuan Securities and Dongxing Securities ranked among the top in terms of performance growth. The revenue of Zhongyuan Securities in the first quarter increased by 38.93% year-on-year, and the net profit attributable to the parent company increased by 85.53%; Dongxing Securities saw a year-on-year increase of 112.56% in revenue and a 64.28% increase in net profit attributable to shareholders in the first quarter. The main reason for the performance differentiation of securities firms is their proprietary business.
As of April 27th, a total of 24 securities firms have disclosed their first quarter reports. According to the data, a total of 18 securities firms experienced a year-on-year decrease in net profit attributable to shareholders, with 14 experiencing a “double decline” in revenue and net profit attributable to shareholders. The net profit attributable to shareholders of Industrial Securities, Haitong Securities, Huaxi Securities, and Pacific Securities all decreased by more than 60% year-on-year, while the decline of 10 securities firms including Hualin Securities and Western Securities was between 10% and 50%. Under widespread industry pressure, five securities firms including Zhongyuan Securities, Dongxing Securities, Fangzheng Securities, Shouchuang Securities, and Nanjing Securities recorded a “double increase” in revenue and net profit attributable to shareholders. Among them, Zhongyuan Securities and Dongxing Securities ranked among the top in terms of performance growth. The revenue of Zhongyuan Securities in the first quarter increased by 38.93% year-on-year, and the net profit attributable to the parent company increased by 85.53%; Dongxing Securities saw a year-on-year increase of 112.56% in revenue and a 64.28% increase in net profit attributable to shareholders in the first quarter. The main reason for the performance differentiation of securities firms is their proprietary business.