方正证券(601901) - 2018 Q1 - 季度业绩

Financial Performance - In Q1 2018, the company's operating revenue was RMB 129,462.37 million, a decrease of 2.26% compared to RMB 132,451.34 million in Q1 2017[4] - The net profit attributable to shareholders was RMB 31,653.43 million, down 21.81% from RMB 40,482.91 million in the same period last year[4] - The basic earnings per share decreased to RMB 0.04, reflecting a decline of 20.00% from RMB 0.05 in Q1 2017[4] - The company's weighted average return on equity decreased to 0.84%, down 0.29 percentage points from 1.13% in the previous year[4] Assets and Equity - The total assets as of March 31, 2018, were RMB 15,004,344.59 million, representing a 1.15% increase from RMB 14,833,626.15 million at the end of 2017[4] - The total equity attributable to shareholders increased to RMB 3,778,622.27 million, a rise of 0.96% from RMB 3,742,871.89 million at the end of 2017[4] Investment and Risk Factors - The company attributed the decline in revenue and net profit to increased investments in investment banking and institutional businesses, as well as reduced earnings from subsidiaries[5] - The company maintains a strong liquidity position and a sound asset structure, with risk control indicators meeting regulatory requirements[5] - The company emphasizes the importance of investor awareness regarding potential investment risks due to the preliminary nature of the financial data[6] Preliminary Data - The preliminary financial data for Q1 2018 is subject to change and may differ from the final report[6]