Yongan Futures(SH:600927) Xin Lang Cai Jing·2026-01-14 12:47Core Viewpoint - Yong'an Futures has shown a positive performance with a 1.92% increase in stock price, reaching a market capitalization of 23.915 billion yuan, and a trading volume of 324 million yuan on January 14 [1] Company Overview - Yong'an Futures primarily engages in commodity futures brokerage, financial futures brokerage, asset management, and futures investment consulting, with risk management services provided through its wholly-owned subsidiary, Yong'an Capital [2] - The company is state-owned, with its ultimate control held by the Zhejiang Provincial Finance Department [2] - As of September 30, 2025, Yong'an Futures reported a revenue of 8.355 billion yuan, a year-on-year decrease of 55.26%, while net profit attributable to shareholders was 475 million yuan, reflecting a year-on-year increase of 13.31% [6] Financial Performance - The main revenue sources for Yong'an Futures include risk management services (90.17%), futures brokerage (6.90%), overseas business (2.24%), fund sales (0.52%), and asset management (0.17%) [6] - The company has distributed a total of 1.035 billion yuan in dividends since its A-share listing, with 627 million yuan distributed over the past three years [7] Market Activity - On January 14, the main net inflow of funds into Yong'an Futures was 26.5499 million yuan, accounting for 0.08% of the total, with no significant trend in the main force observed [3][4] - The average trading cost of Yong'an Futures shares is 15.35 yuan, with the stock price approaching a resistance level of 16.55 yuan, indicating potential for upward movement if this level is surpassed [5]