2023-03-30 16:00Financial Performance - The company's operating revenue for 2022 was ¥25,948,187,501.48, a decrease of 39.94% compared to ¥43,205,467,448.92 in 2021[47]. - The net profit attributable to shareholders for 2022 was ¥6,545,346,964.83, down 48.97% from ¥12,826,517,065.48 in the previous year[47]. - The net cash flow from operating activities was ¥8,819,102,866.06, reflecting a significant decline of 87.57% compared to ¥70,969,577,098.37 in 2021[47]. - The basic earnings per share for 2022 was ¥0.50, a decrease of 48.98% from ¥0.98 in 2021[48]. - The weighted average return on equity for 2022 was 3.99%, down 4.10 percentage points from 8.09% in 2021[48]. - The net profit for 2022 was ¥5.20 billion, a decrease of 62.20% compared to ¥13.75 billion in 2021[59]. - The total comprehensive income for 2022 was ¥5.06 billion, down 62.25% from ¥13.40 billion in 2021[59]. - The company reported a 76.67% decline in investment income, dropping to ¥2.81 billion from ¥12.04 billion in the previous year[59]. - The company's total revenue for the period was CNY 25.95 billion, a decrease of 39.94% compared to CNY 43.21 billion in the same period last year[106]. - Net commission and fee income decreased by 22.73% to CNY 11.59 billion, primarily due to a decline in asset management and brokerage business[106]. Assets and Liabilities - The company's total assets reached RMB 753.608 billion by the end of 2022, an increase of 1.17% compared to the previous year[10]. - The total liabilities at the end of 2022 were ¥575,985,519,512.43, which is a 1.55% increase from ¥567,170,363,313.90 at the end of 2021[47]. - The net capital increased to CNY 93,818,677,554.29, up from CNY 85,222,467,669.07, reflecting a growth of approximately 10.5%[24]. - The total liabilities increased by 11.15% for bonds payable, reaching ¥181.83 billion from ¥163.59 billion in 2021[58]. - The company's cash and cash equivalents decreased by 1.80% to ¥158.58 billion from ¥161.48 billion in 2021[56]. Shareholder Returns - The company distributed a cash dividend of RMB 2.10 per 10 shares, totaling RMB 2.743482 billion, which accounts for 41.91% of the net profit attributable to shareholders for 2022[6]. - The company distributed cash dividends of RMB 1.00 per 10 shares and issued 3 bonus shares per 10 shares in May 2008, resulting in a total share capital of 8,227,821,180 shares[36]. Business Operations and Strategy - The company has successfully positioned itself in key sectors such as integrated circuits and biomedicine, completing several benchmark projects[10]. - The company aims to advance its digital transformation with the goal of building a "Digital Haitong 2.0" platform[12]. - The company is entering a new development stage as it celebrates its 35th anniversary, emphasizing its commitment to high-quality development[14]. - Haitong Securities aims to leverage historical opportunities in the capital market and deepen reforms to contribute to China's modernization[14]. - The company is committed to ensuring the implementation of the spirit of the 20th National Congress of the Communist Party of China[14]. Risk Management and Compliance - The company emphasizes compliance and risk management as essential for long-term sustainable development[11]. - The company has established a comprehensive risk management system in place, effectively managing various types of risks including market and credit risks[102]. - The risk management framework includes a three-tier risk control indicator system to monitor market, credit, and liquidity risks effectively[139]. - The company has implemented a "risk-based" approach to manage money laundering and terrorist financing risks, establishing a comprehensive management system for anti-money laundering[146]. - The company maintains its cash and cash equivalents primarily in state-owned commercial banks or reputable joint-stock commercial banks, minimizing credit risk exposure[148]. Customer Base and Market Presence - The company provided a total financing amount of nearly RMB 4.4 trillion to the real economy, serving over 21 million customers[10]. - The company’s wealth management customer base exceeded 21 million, with a total asset under custody of over CNY 5.2 trillion by the end of 2022[65]. - The company is a member of major exchanges, including the Shanghai Stock Exchange and Hong Kong Stock Exchange, which supports its market presence[32]. ESG and Social Responsibility - The company has been recognized for its ESG efforts, receiving an upgraded MSCI ESG rating to A and various awards for best practices in ESG[13]. - The company has invested over RMB 14 million in poverty alleviation efforts by the end of 2022[13]. - The company launched new products linked to carbon neutrality themes, promoting ESG investment principles[89]. - The company’s green bond issuance included 39 issues, raising 84.3 billion yuan, showcasing its commitment to ESG principles[76]. Digital Transformation and Innovation - The company’s digital financial platform "e Haitong" had over 43 million installations and an average monthly active user count exceeding 5.3 million by the end of 2022[67]. - The company has filed for 15 national patents and 68 software copyrights, showcasing its commitment to technological innovation[133]. - The company has established a technology product system with 21 trademarks under the "e Haitong" brand, enhancing its digital transformation efforts[133]. Governance and Management - The company has established a structured governance framework with clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[39]. - The company has established a complete financial management system, ensuring independent financial decision-making without interference from shareholders[182]. - The company’s governance structure includes a dedicated asset-liability allocation committee led by the chairman[187].