TF Securities(SH:601162) Xin Lang Zheng Quan·2026-01-06 01:26Core Viewpoint - Tianfeng Securities has shown a mixed performance in financing and margin trading activities, with a notable increase in revenue and net profit year-on-year, indicating potential growth opportunities in the securities industry [1][2]. Financing Summary - On January 5, Tianfeng Securities recorded a financing buy amount of 67.01 million yuan and a financing repayment of 65.20 million yuan, resulting in a net financing buy of 1.81 million yuan [1]. - The total financing and margin trading balance reached 2.098 billion yuan, with the financing balance accounting for 5.78% of the circulating market value, which is below the 30% percentile level over the past year, indicating a low position [1]. - The company repaid 68,800 shares in margin trading and sold 176,800 shares on the same day, with a selling amount of 744,300 yuan, while the margin trading balance was 5.87 million yuan, also below the 10% percentile level over the past year [1]. Company Profile - Tianfeng Securities, established on March 29, 2000, and listed on October 19, 2018, is located in Wuhan, Hubei Province, and its main business includes securities brokerage, investment consulting, financial advisory related to securities transactions, and margin trading [2]. - The revenue composition of Tianfeng Securities includes 55.47% from securities brokerage, 40.06% from proprietary trading, 34.81% from investment banking, and 14.23% from asset management [2]. - As of September 30, 2025, the company reported a total revenue of 2.112 billion yuan, a year-on-year increase of 57.53%, and a net profit attributable to shareholders of 153 million yuan, reflecting a significant growth of 128.55% year-on-year [2]. Dividend and Shareholding Summary - Since its A-share listing, Tianfeng Securities has distributed a total of 171 million yuan in dividends, with no dividends paid in the last three years [3]. - As of September 30, 2025, the top ten circulating shareholders include the Guotai CSI All-Index Securities Company ETF, which holds 183 million shares, an increase of 7.44 million shares from the previous period [3]. - Other notable shareholders include the Huabao CSI All-Index Securities Company ETF and the Southern CSI 500 ETF, with respective holdings of 119 million shares and 103 million shares, showing changes in their shareholdings compared to the previous period [3].