FCSC(SZ:002797) Nan Fang Du Shi Bao·2025-05-09 14:11Core Viewpoint - The compensation management and performance fluctuations of the senior management at First Capital Securities have drawn market attention, particularly in light of their recent financial performance and the compensation structure in comparison to industry peers [2][3]. Group 1: Compensation Management - First Capital Securities has established a robust assessment and incentive system for senior management that aligns with industry culture and sustainable development goals [2]. - The total compensation for senior management in 2024 amounted to 17.1871 million yuan, reflecting a year-on-year decline of 11.55% [2]. - The compensation for the chairman of the supervisory board, vice chairman, senior management, and employee representative supervisors for 2024 is still under confirmation, indicating that the reported figures may not fully represent the total compensation for the year [2]. Group 2: Financial Performance - In the 2024 financial report, First Capital Securities achieved total operating revenue of 3.532 billion yuan, a year-on-year increase of 41.91%, and a net profit attributable to shareholders of 904 million yuan, up 173.28% [3]. - The net profit growth rate positions First Capital Securities among the top five in the industry, suggesting that the significant increase in net profit may provide more room for higher compensation [3]. - However, the company experienced a decline in performance in the first quarter of 2025, with revenue of 661 million yuan, down 1.87% year-on-year, and a net profit of 118 million yuan, down 17.59% year-on-year [3].