SHCF released its 2024 annual performance, with a net profit attributable to shareholders of 365 million yuan, a year-on-year decrease of 8.03%
I'm LongbridgeAI, I can summarize articles.SHCF released its 2024 annual report, with total operating revenue of 2.273 billion yuan, a year-on-year increase of 12.97%; net profit attributable to shareholders of the parent company was 365 million yuan, a year-on-year decrease of 8.03%; net profit excluding non-recurring gains and losses was 360 million yuan, a year-on-year increase of 108.48%. Basic earnings per share were 0.34 yuan, and it proposed a cash dividend of 0.78 yuan for every 10 shares. The report pointed out that the securities industry is showing a trend of concentration under policy guidance, with leading securities firms having obvious advantages, while small and medium-sized securities firms seek differentiated development
According to the Zhitong Finance APP, SHCF (600621.SH) released its annual report for 2024, reporting a total operating revenue of 2.273 billion yuan for the year, a year-on-year increase of 12.97%; the net profit attributable to shareholders of the listed company was 365 million yuan, a year-on-year decrease of 8.03%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 360 million yuan, a year-on-year increase of 108.48%; basic earnings per share were 0.34 yuan/share. It is proposed to distribute a cash dividend of 0.78 yuan (tax included) for every 10 shares.
During the reporting period, the securities industry showed a trend of "concentration at the top and optimization of the structure" under policy guidance. The Central Financial Work Conference proposed to "cultivate first-class investment banks and investment institutions," and the China Securities Regulatory Commission supports leading brokerages to enhance their strengths through mergers and acquisitions, business innovation, and other means, further increasing industry concentration. On the policy front, the registration system has been fully implemented, and the optimization and relaxation of risk control indicators have eased capital constraints on brokerages, promoting an increase in leverage and ROE. At the same time, industry differentiation has intensified, with leading brokerages having significant advantages in investment banking, asset management, and derivatives, while small and medium-sized brokerages seek breakthroughs through differentiated development. In the face of a complex and changing external environment, the company adheres to the core strategy of leading business development with financial technology and practices the purpose of financial services for the real economy, achieving good operating results
