净利同比增逾四成！广发基金上半年营收39亿同比增22%，净利12亿元同比增43%

Core Viewpoint - The financial performance of GF Fund in the first half of the year shows significant growth, with total revenue and net profit increasing substantially compared to the previous year [1][2]. Financial Performance - GF Fund achieved total revenue of 3.898 billion yuan in the first half of the year, representing a year-on-year growth of 22.17% [1]. - The net profit for the same period reached 1.180 billion yuan, marking a substantial increase of 43.54% year-on-year [1]. - Historical financial data indicates that the total revenue for 2022, 2023, and 2024 was 8.392 billion yuan, 7.643 billion yuan, and 7.260 billion yuan respectively, with net profits of 2.134 billion yuan, 1.950 billion yuan, and 2.000 billion yuan [2]. Product Management Scale - GF Fund manages a total of 428 products with a combined scale of 1.456 trillion yuan [2]. - The breakdown of product types includes: - 131 equity funds with a scale of 166.01 billion yuan - 154 mixed funds with a scale of 175.45 billion yuan - 93 bond funds with a scale of 422.35 billion yuan - 7 money market funds with a scale of 614.87 billion yuan [3]. Research Team - The fund has a team of 93 fund managers with an average tenure of 6.80 years, which is above the industry average of 4.93 years [3]. - In the past year, GF Fund hired 13 new fund managers and had 4 departures, indicating stable team development [3]. - Each fund manager oversees an average of 15.657 billion yuan in assets and manages approximately 4.6 funds [3]. Performance Metrics - The year-to-date return for GF Fund's products is 10.98%, with returns of 9.62% over the last three months, 8.99% over the last six months, and 21.01% over the last year [5]. - Over the past two years and three years, returns were 14.24% and 2.68% respectively, while the five-year return stood at 1.84% [5]. - Since inception, the total return has reached 848.97%, with an annualized return rate of 10.90%, outperforming the total return of the CSI 300 index, which was 345.26% during the same period [5]. New Product Issuance - In 2025, GF Fund launched new products with a net asset value of 14.153 billion yuan, introducing a total of 24 new products [8].