2023-04-27 16:00Financial Performance - CITIC Securities reported a revenue of ¥15,348,206,851.13 for Q1 2023, a 0.87% increase compared to ¥15,216,257,790.55 in the same period last year[4]. - The net profit attributable to shareholders was ¥5,417,237,420.11, reflecting a 3.60% increase from ¥5,229,072,056.83 year-on-year[4]. - Total operating revenue for Q1 2023 was CNY 15,348,206,851.13, a slight increase of 0.87% compared to CNY 15,216,257,790.55 in Q1 2022[22]. - Net profit for Q1 2023 was CNY 5,630,244,490.29, an increase of 3.9% from CNY 5,418,975,392.49 in Q1 2022[22]. - The total comprehensive income attributable to shareholders of the parent company for Q1 2023 was ¥5,465,490,776.70, up from ¥5,069,461,850.02 in Q1 2022, indicating a growth of about 7.8%[23]. Cash Flow - The net cash flow from operating activities showed a significant decline, reporting -¥2,205,056,765.29 compared to ¥77,422,190,258.81 in the previous year, a decrease of 102.85%[4]. - The net cash flow from operating activities for Q1 2023 was -9.57 billion RMB, a significant decrease compared to 38.67 billion RMB in Q1 2022[30]. - The total cash inflow from financing activities in Q1 2023 was ¥77,528,903,734.48, compared to ¥46,931,745,654.25 in Q1 2022, representing an increase of approximately 65.2%[25]. - The total cash inflow from operating activities was 88.85 billion RMB, up from 67.96 billion RMB in the same period last year[30]. - The cash received from interest, fees, and commissions in Q1 2023 was ¥16,517,781,053.40, slightly down from ¥16,832,436,271.29 in Q1 2022[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,440,177,203,374.77, marking a 10.05% increase from ¥1,308,289,281,705.92 at the end of the previous year[4]. - Total assets as of March 31, 2023, reached CNY 1,440,177,203,374.77, up from CNY 1,308,603,359,471.01 at the end of 2022, reflecting a growth of 10.0%[21]. - Total liabilities increased to CNY 1,176,978,879,008.94 from CNY 1,050,231,321,008.45, representing a rise of 12.0%[21]. - The company's equity totaled CNY 216,609,460,525.17 as of March 31, 2023, up from CNY 211,824,954,348.29 at the end of 2022[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 576,296[7]. - The top shareholder, Hong Kong Central Clearing Limited, held 2,618,879,546 shares, representing 17.67% of the total shares[7]. - The largest shareholder, CITIC Limited, holds 2,733,961,712 shares, accounting for 18.45% of the total shares[8]. - As of March 31, 2023, the total number of shareholders reached 576,296, with 576,136 holding A-shares and 160 holding H-shares[8]. Regulatory and Compliance - The company faced an administrative penalty of RMB 13.76 million from the People's Bank of China for violations of anti-money laundering laws[18]. - The company has made significant adjustments to its asset management processes in response to regulatory feedback[18]. - The company has made efforts to enhance its anti-money laundering risk management mechanisms following regulatory inspections[18]. Investment and Income - Investment income increased by 89.58% due to higher gains from the disposal of financial assets[6]. - Investment income for Q1 2023 was CNY 3,593,883,742.67, compared to CNY 103,277,981.52 in Q1 2022[28]. - The company recorded a credit impairment loss of CNY 259,078,303.03 in Q1 2023, compared to a gain of CNY 318,821,155.00 in Q1 2022[28]. Operational Changes - The company completed the relocation of 12 securities business departments during the reporting period[12]. - The company has completed the relocation of 2 subsidiaries and established 1 new securities business department during the reporting period[13]. - The company has 46 subsidiaries and 4 futures business departments under its futures subsidiary as of the end of the reporting period[13].