Half-year brokerage performance seating has been set

Zhang Xiaobei newspaper reporter Shanghai reported

Half-year brokerage performance seating has been set.

With the release of 19 listed brokerages operating data in June is completed, the performance of high-reported start frequently.

Data show that in June 19 listed securities companies achieved a total turnover of 8.407 billion yuan, an increase of 110.20%. Net profit of 3.468 billion yuan, an increase of 274.85%.

In the meantime, all brokerages net profit in June all achieved positive year-on-year growth. Among them, the Yangtze River Securities (000783.SZ) rose the first place, Industrial Securities (601377.SH), Southwest Securities (600369.SH) followed.

In fact, the brokerage performance in the first half of this year generally improved.

In the first half of this year, 19 listed securities companies achieved a cumulative net profit of 32.349 billion yuan, an increase of 29.68% over the same period of last year. Among them, the cumulative net profit rose 15 brokers, down only 4.

The top 5 biggest brokers were Pacific (601099.SH), Shanxi Securities (002500.SZ), Guotai Securities (600109.SH), Southwest Securities and CITIC Securities (600030.SH) respectively.

Times reported the top three seats have also been identified.

CITIC Securities in the operating income and profit rankings ranked first in the first half operating income of 4.63 billion yuan, net profit of 2.953 billion yuan; followed by Haitong Securities (600837.SH), operating income of 4.61 billion Yuan, net profit 2.205 billion yuan. GF Securities (000776.SZ) ranked fourth with 4.144 billion yuan of operating income and 1.455 billion yuan of net profit.

However, when the performance of general rise, there are brokerage performance is unsatisfactory.

Due to the 8.16 incident, Everbright Securities (601788.SH) first half net profit of only 298 million yuan, among the 19 listed brokers ranked only 15th.

Hongyuan Securities (000562.SZ) has become the only one with both operating income and net profit decreased over the same period. In the first half of the year, Hongyuan Securities achieved operating income of 2.147 billion yuan and net profit of 734 million yuan, down by 11.59% and 12.15% respectively.

In addition to listing brokerage, the performance of other unlisted brokerage also showed growth.

China Securities Industry Association data show that in the first half of 2014, 117 securities companies achieved operating income of 93 billion yuan, an increase of 18.47%, net profit rose 32%.

It is noteworthy that, in the first half of this year, brokerage business income showed a downward trend, with financial integration as the most important growth point. The growth of investment banks and self-support businesses also supported the higher growth rate of brokerage business.

Among which, the interest of margin financing and securities investment, investment income and investment banking income were the major sources of revenue growth, up 144.3%, 28.9% and 58.9% respectively over the same period of the previous year. For the first time, margin financing and securities lending became the third largest contributor to revenue, With the restart of IPO, the contribution ratio of investment banks gradually returned to normal levels.

Brokerage analysts believe that the next three to five years, the overall improvement in the market environment based on the foundation, the brokerage stocks is expected to enter the overall ascent to a new cycle.

At the same time, a growing number of brokerage mergers and acquisitions are changing the industry pattern.

Recently, Founder Securities and National Securities, Guotai Junan and Shanghai Securities M & A programs have been approved. Hongyuan Securities also officially confirmed the merger with Shenyin Wanguo.

Insiders said that there are currently a lot of brokerage firms intent M & A, along with brokers M & A increases, the existing brokerage pattern will be completely broken.