Ranking of top ten securities firms changed: Galaxy Securities was out of the game, CICC took the rocket

Beijing, China Economic Network, August 3 (reporter Guan Jing) The China Securities Association (hereinafter referred to as the "China Securities Association") disclosed the operating data of securities companies in the first half of 2018 on August 1. The operating revenue of 131 securities companies in the first half of this year was 126.572 billion yuan, and the net profit was 32.861 billion yuan, down 11.92% and 40.53% respectively compared with the same period last year.

According to the unaudited financial statements of securities companies disclosed by the China Securities Association, 106 securities companies made profits in the first half of this year, and the remaining 25 suffered losses, accounting for about 20% of the total.

In terms of business, in the first half of the year, the net income from agency trading of securities (including seat leasing) in the securities industry was 36.376 billion yuan, the net income from securities underwriting and recommendation business was 11.686 billion yuan, the net income from financial advisory business was 4.516 billion yuan, the net income from investment advisory business was 1.454 billion yuan, the net income from asset management business was 13.888 billion yuan, and the income from securities investment (including changes in fair value) was 29.55 billion yuan Net interest income was 11.292 billion yuan.

According to Securities Dealers China, the top ten securities companies in terms of operating revenue in the first half of the year were, citic securities 、 Guotai Jun'an 、 Huatai Securities 、 Haitong Securities 、 gf securities 、 Shen Wanhongyuan 、 CSC 、 Guosen Securities 、 China Merchants Securities CICC. The total operating revenue of these ten securities companies is 55.372 billion yuan, accounting for 43.75% of the total industry revenue.

In the first half of 2018, the operating revenue of securities dealers ranked top 20 (unit: 100 million yuan)

ranking	corporate name	January June 2018	2017	2016
one	citic securities	ninety-six point four zero	four hundred and thirty-two point nine two	three hundred and eighty point zero two
two	Guotai Jun'an	eighty-five point nine four	two hundred and thirty-eight point zero four	two hundred and fifty-seven point six five
three	Huatai Securities	fifty-five point one eight	two hundred and eleven point zero nine	one hundred and sixty-nine point one seven
four	Haitong Securities	fifty-three point seven one	two hundred and eighty-two point two two	two hundred and eighty point one two
five	gf securities	fifty-one point five seven	two hundred and fifteen point seven six	two hundred and seven point one two
six	Shen Wanhongyuan	forty-eight point eight eight	one hundred and twenty-six point six nine	one hundred and forty-eight point one five
seven	CSC	forty-eight point eight seven	one hundred and thirteen point zero three	one hundred and thirty-two point five nine
eight	Guosen Securities	forty point five zero	one hundred and nineteen point two four	one hundred and twenty-seven point four nine
nine	China Merchants Securities	thirty-seven point two five	one hundred and thirty-three point five three	one hundred and sixteen point nine five
ten	CICC	thirty-five point four two	one hundred and twelve point zero nine	seventy-three point two two
eleven	Galaxy Securities	thirty-five point one three	one hundred and thirteen point four four	one hundred and thirty-two point four zero
twelve	Ping An Securities	twenty-seven point eight three	eighty-three point eight two	seventy-three point five six
thirteen	industrial securities	twenty-three point six zero	eighty-eight point one nine	seventy-five point eight nine
fourteen	Everbright Securities	twenty-three point five two	ninety-eight point three eight	seventy-four point eight six
fifteen	Essence Securities	twenty-two point six five	seventy-five point six seven	seventy-six point seven four
sixteen	Zhongtai Securities	twenty-one point eight nine	eighty point nine five	eighty-three point three seven
seventeen	Changjiang Securities	seventeen point one five	fifty-six point four zero	fifty-eight point five seven
eighteen	CIC Securities	fifteen point eight nine	thirty-six point one zero	forty-three point seven seven
nineteen	Dongzheng Asset Management	fifteen point eight three	twenty-one	ten point two seven
twenty	Guojin Securities	fifteen point zero seven	forty-three point nine one	forty-six point seven one

The top ten securities firms ranked by net profit are CITIC Securities, Guotai Jun'an, Huatai Securities, Haitong Securities, GF Securities, Shenwan Hongyuan, CITIC Construction Investment, China Merchants Securities, CICC and Guoxin Securities. In the first half of this year, the above securities companies achieved a total net profit of 23.733 billion yuan, accounting for 72.22% of the industry's net profit.

In the first half of 2018, the net profit of securities dealers ranked top 20 (unit: 100 million yuan)

ranking	corporate name	January June 2018	2017	2016
one	citic securities	thirty-nine point three five	ninety point six nine	eighty point zero eight
two	Guotai Jun'an	thirty-five point two three	eighty-seven point two eight	one hundred and one point five two
three	Huatai Securities	thirty-two point two seven	eighty-two point six five	sixty-two point five two
four	Haitong Securities	thirty point seven one	sixty-six point three eight	sixty point seven nine
five	gf securities	twenty-one point nine five	seventy-one point seven one	seventy-one point nine four
six	Shen Wanhongyuan	twenty point five nine	forty point eight five	fifty-five point seven four
seven	CSC	sixteen point seven eight	thirty-seven point five seven	fifty-one point one zero
eight	China Merchants Securities	fourteen point one five	fifty point two four	fifty-two point three zero
nine	CICC	thirteen point seven eight	thirteen point nine seven	ten point two eight
ten	Guosen Securities	twelve point five zero	forty-three point six seven	fifty-three point three one
eleven	Galaxy Securities	ten point nine one	thirty-six point one nine	forty-seven point one two
twelve	industrial securities	ten point six eight	twenty-one point four three	eighteen point eight eight
thirteen	Ping An Securities	nine point one five	twenty-two point three four	twenty point three two
fourteen	Essence Securities	seven point one two	twenty-two point one six	twenty-five point four six
fifteen	Everbright Securities	six point three seven	twenty-eight point nine five	thirty-one point four four
sixteen	Dongzheng Asset Management	six point one seven	six point zero one	three point nine zero
seventeen	Huatai Asset Management	five point eight six	eleven point four four	ten point three two
eighteen	Caitong Securities	five point two zero	fifteen point five zero	fifteen point four seven
nineteen	West China Securities	five point two zero	nine point three five	ten point two nine
twenty	Dongxing Securities	five point two zero	twelve point one seven	thirteen point four zero

According to the ranking of net profit, Galaxy Securities was squeezed out of the top ten securities companies, and its operating income and net profit in the first half of the year ranked the eleventh in the industry. In 2017, Galaxy Securities achieved an operating income of 11.344 billion yuan and a net profit of 3.619 billion yuan, ranking ninth and tenth respectively.

CICC successfully counterattacked the top position. Its operating revenue and net profit in the first half of the year ranked 10th and 9th respectively in the industry. Last year, CICC ranked 11th and 20th.

As of August 1, 12 listed securities companies have released interim performance reports. Except that CITIC Securities confirmed that its net profit in the first half of this year had increased year-on-year, First Entrepreneurship 、 Shanxi Securities 、 Guoyuan Securities 、 Changjiang Securities 、 Zheshang Securities 、 Caitong Securities 、 West China Securities , Guosen Securities Galaxy China , Haitong Securities and Guotai Jun'an, 11 securities companies, are expected to decline in net profits in the first half of the year year on year.

Among them, Guohai Securities It is estimated that the net profit in the first half of this year will decline by 69% - 75% year on year, Changjiang Securities and First Venture will decline by more than 60% year on year, while Guoyuan Securities and Shanxi Securities will also decline by more than 50% year on year.

Editor in charge: Zhang Haiying

Article keywords: CICC Galaxy Securities broker

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