Profit "troika"
Yongan futures's 20 17 annual report shows that the company operated well last year, achieving an operating income of 9.684 billion yuan, a year-on-year increase of 42.34%; The net profit attributable to the owners of the parent company was 888 million yuan, a year-on-year increase of 45.85%; The weighted average return on equity (based on the net profit attributable to shareholders of listed companies) was 65,438+06.965,438+0%, up by 3.05 percentage points over the previous year, and the company's profitability continued to improve.
According to the interim data, in 20 17 years, China's futures companies realized a total fee income of14595438+0 million yuan and a net profit of/943/kloc-0 million yuan, up by 5.03% and 20.65% respectively. According to this data, yongan futures's net profit contribution accounts for more than 10% in the industry.
Judging from the composition of yongan futures's profits last year, the income related to customers' rights and interests (fees and interest), investment income and business income of risk management subsidiaries became the "troika" of the company's profits.
Among them, the net fee and commission income was 593 million yuan, a year-on-year increase of1.3%; The net interest income was 524 million yuan, a year-on-year increase of 5.62%. The sum of the two incomes is11.1.70 billion yuan, accounting for 1 1.54% of the total operating income. If the business impact of the risk management subsidiary is excluded, the income related to the customer's rights and interests will account for more than 50% of the income, which is still the most important source of income for the company.
20 17, the futures industry as a whole is relatively depressed. According to the statistics of the interim association, the cumulative turnover of China futures market was 20 187.9 trillion yuan, down 3.95% year-on-year; The cumulative turnover in the futures market was 3.076 billion lots, down 25.66% year-on-year. Under the background that the trading volume in the futures market is obviously declining and the existing customers' rights and interests are basically stable, the increase in the net fee and commission income of futures companies is mainly due to the substantial increase in the income of futures exchanges. In addition, the increase in domestic interest rates last year led to an increase in net interest income of futures companies and a slight increase in income related to customers' equity.
Most domestic first-line futures companies are brokerage companies. According to the 20 17 annual report of relevant brokers, the net profit of CITIC Futures, Guotai Junan Futures, haitong futures, galaxy futures and Huatai Futures all exceeded 200 million yuan last year, among which the net profit of CITIC Futures was 4 1 10,000 yuan, which was second only to Yongan Futures in the industry. Compared with 20 16, yongan futures's leading edge is further widened compared with other first-line enterprises.