Capital Securities Co.LTD(SH:601136) 智通财经网·2025-10-16 13:37Core Viewpoint - Shouchuang Securities Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with several major securities firms acting as joint sponsors [1]. Company Overview - Shouchuang Securities is recognized for its leading value creation capabilities and outstanding asset management, focusing on differentiated financial services [3]. - The company operates a one-stop financial service platform based in Beijing, serving a diverse and steadily growing client base [3]. - According to Frost & Sullivan, from 2022 to 2024, Shouchuang Securities ranks fifth and tenth among 42 A-share listed securities companies in China for revenue and net profit compound annual growth rates, respectively [3]. - In 2024, the company is projected to rank first in average total asset return on equity and seventh in weighted average net asset return among the aforementioned A-share listed companies [3]. Business Segments - The company engages in four main business categories: - Asset Management: Includes asset management services, private equity fund operations, and public fund operations through joint ventures [4]. - Investment: Comprises fixed income trading, equity securities investment, New Third Board market making, and alternative investments [4]. - Investment Banking: Encompasses bond underwriting, stock sponsorship and underwriting, and financial advisory services [4]. - Wealth Management: Covers securities brokerage, investment consulting, financial product sales, credit services, research services, and futures business [4]. Financial Performance - For the six months ending June 30, 2022, 2023, 2024, and 2025, the company reported total revenues of approximately RMB 2.519 billion, RMB 2.970 billion, RMB 3.588 billion, and RMB 1.845 billion, respectively [5]. - Corresponding net profits for the same periods were approximately RMB 555 million, RMB 701 million, RMB 985 million, and RMB 490 million [5]. - The company has maintained robust profit growth and a scientific capital operation strategy, consistently implementing high cash dividend ratios to ensure long-term stable returns for shareholders [4].