Sealand Securities Co.Ltd(000750)
2021 annual risk control index report
In 2021, Sealand Securities Co.Ltd(000750) (hereinafter referred to as the company) strictly implemented the management measures for risk control indicators of securities companies, the code for comprehensive risk management of securities companies and other regulations and self-discipline rules, dynamically monitored the risk control indicators such as net capital, carefully carried out sensitivity analysis and stress test, and ensured that the risk control indicators such as net capital continued to meet the specified standards.
1、 Specific conditions and compliance of risk control indicators during the reporting period
(I) specific conditions of the company’s risk control indicators
Unit: Yuan
Project early warning supervision (audited) (audited) standard from December 31, 2021 to December 31, 2020
Core net capital 13457268522931412407700930
Subsidiary net capital 5999283160883982025964
Net capital 14057196839011496389726894
Net assets 175373825301784155773848
Various venture capital reserves 535337966717668115727271
Sum of
Total assets on and off the balance sheet 62764922087555932282757276
Risk coverage rate 262.59% 223.97% ≥ 120% ≥ 100%
Capital leverage ratio 21.44%, 23.81% ≥ 9.6% ≥ 8%
Liquidity coverage 152.59%, 156.35% ≥ 120% ≥ 100%
Net stable capital ratio 149.14% ≥ 120% ≥ 100%
Net capital / net assets 80.16%, 83.87% ≥ 24% ≥ 20%
Net capital / liabilities 37.88%, 40.69% ≥ 9.6% ≥ 8%
Net assets / liabilities 47.25%, 48.52% ≥ 12% ≥ 10%
Proprietary equity securities and 13.12%, 13.30% ≤ 80% ≤ 100% of their derivatives / net capital
Self operated non equity securities 196.89% 217.73% ≤ 400% ≤ 500% and its derivatives / net capital
(II) compliance of the company’s risk control indicators
During the reporting period, the company’s net capital and other major risk control indicators continued to meet the regulatory standards, and there was no case of touching the regulatory standards.
2、 Dynamic monitoring of risk control indicators
According to the requirements of the measures for the management of risk control indicators of securities companies and the guidelines for the dynamic monitoring system of risk control indicators of securities companies, during the reporting period, the company used the dynamic monitoring system of risk control indicators to realize the real-time measurement, dynamic monitoring and timely early warning of risk control indicators, carried out sensitivity analysis and stress test in accordance with the regulations, and took effective preventive measures in time according to the monitoring situation and stress test results, Ensure that all risk control indicators such as net capital continue to meet the specified standards. 3、 Establishment of net capital replenishment mechanism
The company has established a net capital replenishment mechanism. Before the company’s net capital and other risk control indicators reach the early warning standard or, the company will take one or more of the following measures to ensure that the net capital and other risk control indicators continue to meet the requirements:
(I) supplement the net capital by placing shares to the original shareholders, issuing additional shares to non-specific objects, non-public offering of shares, etc;
(II) supplement the net capital by issuing subordinated bonds of securities companies;
(III) adjust the asset structure by transferring long-term equity investment and disposing of tangible or intangible assets to reduce the risk of asset items and increase the net capital; (IV) increase net capital by improving operating efficiency, improving profitability and enhancing endogenous capital supplement ability.
Sealand Securities Co.Ltd(000750) March 16, 2002
