SCS(SH:601555)2016-04-19 16:00Financial Performance - The company's operating revenue for 2015 reached ¥6,830,161,925.32, representing a 110.74% increase compared to ¥3,240,982,527.87 in 2014[45] - Net profit attributable to shareholders of the parent company was ¥2,708,494,901.88, a 142.82% increase from ¥1,115,452,050.88 in the previous year[46] - The basic earnings per share for 2015 was ¥1.00, up 104.08% from ¥0.49 in 2014[47] - Total assets at the end of 2015 amounted to ¥80,589,136,533.56, a 40.25% increase from ¥57,461,111,012.63 at the end of 2014[46] - Total liabilities increased by 47.68% to ¥63,836,767,667.55 in 2015 from ¥43,227,729,598.61 in 2014[46] - The company's net cash flow from operating activities was negative at -¥1,806,012,545.99, a decline of 279.44% compared to ¥1,006,467,334.46 in 2014[46] - The weighted average return on equity increased to 17.69% in 2015, up from 10.60% in 2014, an increase of 7.09 percentage points[47] - The total profit reached 3.657 billion RMB, up 152.44% compared to the previous year[81] - Net profit for the year was 2.733 billion RMB, reflecting a growth of 143.05% year-on-year[81] Capital Structure and Dividends - The company distributed a cash dividend of 0.3 CNY per share, totaling 900 million CNY, which accounts for 57.24% of the profit available for distribution to shareholders[3] - For the 2015 fiscal year, the company plans to distribute a cash dividend of CNY 3 per 10 shares, amounting to CNY 900,000,000, which represents 57.24% of the profit available for distribution to shareholders[166] - The company has maintained a registered capital of 2.7 billion CNY since the previous year, indicating stability in its capital structure[12] - The registered capital of the subsidiary Dongwu Innovation Capital Management Co., Ltd. was increased from RMB 1 billion to RMB 2 billion[177] Business Operations and Expansion - The company operates in various sectors including securities brokerage, investment consulting, and asset management, indicating a diversified business model[12] - The company has expanded its operations to Singapore, indicating a strategy for international market expansion[36] - The company has established a total of 16 branches as of the end of the reporting period[38] - The company has 101 securities business departments, including 33 Class A, 14 Class B, and 54 Class C departments[40] - The company has established a subsidiary in Singapore and is preparing to set up a subsidiary in Hong Kong, advancing its internationalization strategy[105] Risk Management and Compliance - The company faces significant risks related to market fluctuations, regulatory changes, and economic conditions, which could impact its operational performance[6] - The company emphasizes the importance of compliance and risk management in its operations, highlighting its commitment to regulatory standards[6] - The company maintained compliance with regulatory requirements for all risk control indicators as of the reporting period end[50] - The company has established a dynamic monitoring and replenishment mechanism for risk control indicators, ensuring effective operation[157] - The company is committed to risk control while promoting business innovation, with a goal of achieving breakthroughs in private banking (PB) services in 2016[137] Investment Activities - The company has a diverse range of investment activities, including project investment and equity investment[35] - The investment income for 2015 was ¥2,383,976,752.02, representing a 78.97% increase from ¥1,332,045,196.37 in 2014[61] - The net income from commission and fees was ¥3,821,609,158.46, up 127.70% from ¥1,678,372,503.40 in 2014[61] - The asset management business saw a significant increase, with an average entrusted asset management scale of 172 billion RMB, up 100% year-on-year, and a total entrusted management scale of 204.996 billion RMB, growing by 64.81%[99][100] Regulatory Approvals and New Services - The company has received multiple regulatory approvals for various financial services, enhancing its operational capabilities in the securities market[14] - The company was approved to conduct internet securities business trials, reflecting its commitment to digital transformation[20] - The company has been authorized to participate in stock options trading, expanding its financial product offerings[20] - The company received approval from the China Securities Regulatory Commission to manage insurance funds, allowing it to expand its service offerings[19] Financial Instruments and Bond Issuance - The company successfully issued 10 billion RMB in subordinated bonds and 2.5 billion RMB in corporate bonds, raising a total of 10.75 billion RMB in mid-to-short term funds[71] - The company issued a total of RMB 100 billion in subordinated bonds, with the first phase completed on March 23, 2015, amounting to RMB 30 billion at an interest rate of 5.90%[199] - The company completed a public bond issuance on November 10, 2015, totaling RMB 25 billion with a coupon rate of 4.15%[200] - The issuance of bonds is part of the company's strategy to enhance liquidity and support future growth initiatives[200] Corporate Governance and Social Responsibility - The company has not been subject to any administrative penalties or public reprimands by regulatory authorities during the reporting period[172] - The company has actively fulfilled its social responsibilities, with no major environmental or social safety issues reported during the period[189] - The company has committed to not engaging in any competitive activities within China that could harm the interests of its shareholders[167] - The company has undergone changes in its supervisory and management personnel, with new appointments made in January 2016 to strengthen its governance structure[184]