The annual report of the “first brother” of the securities industry was released.
On March 28, Citic Securities Company Limited(600030) disclosed the annual report of 2021. According to the report, 60 Hefei Lifeon Pharmaceutical Co.Ltd(003020) 21 net profit attributable to the parent company increased by 55% year-on-year, and many businesses ranked first in the whole market.
In terms of profit distribution, Citic Securities Company Limited(600030) plans to distribute cash dividends of 5.4 yuan for every 10 shares, totaling 8.003 billion yuan (including tax). In addition, 60 Hefei Lifeon Pharmaceutical Co.Ltd(003020) 21 consolidated statements accrued impairment loss of other assets of 2.605 billion yuan, which had an impact on net profit of more than 10% of the audited net profit of the company in 2021.
In addition, Citic Securities Company Limited(600030) also issued an announcement on replacing self raised funds invested in advance with funds raised through allotment.
2021 net profit attributable to parent company increased by 55% year on year
60 Hefei Lifeon Pharmaceutical Co.Ltd(003020) 21 performance achieved steady growth.
According to the annual report, in 2021, Citic Securities Company Limited(600030) achieved an operating revenue of 76.524 billion yuan, an increase of 40.71% year-on-year. The net profit attributable to the shareholders of the parent company was 23.1 billion yuan, a year-on-year increase of 55.01%. The basic earnings per share is 1.77 yuan / share. The weighted average return on net assets was 12.07%, with a year-on-year increase of 3.64 percentage points. By the end of 2021, Citic Securities Company Limited(600030) assets totaled 1278665 billion yuan, up 21.44% year-on-year.
Source: Citic Securities Company Limited(600030) Annual Report
According to the annual report, Citic Securities Company Limited(600030) many businesses ranked first in the whole market in 2021.
For example, in terms of investment banking business, 194 projects of Citic Securities Company Limited(600030) a shares were mainly underwritten in 2021, with an amount of 331917 billion yuan (cash and assets), a year-on-year increase of 5.84% and a market share of 18.26%, ranking first in the market; In 2021, we will continue to increase the coverage of IPO customers such as the science and innovation board and the gem, complete 68 IPO projects, and issue a total of 85.922 billion yuan, with a market share of 15.83%, ranking first in the market; Completed 126 refinancing lead underwriting projects, with a lead underwriting amount of 245995 billion yuan and a market share of 19.29%, ranking first in the market; 86 cash private placement projects were completed, with a total underwriting amount of 147581 billion yuan and a market share of 20.43%, ranking first in the market.
In terms of asset management business, as of the end of the reporting period, Citic Securities Company Limited(600030) asset management scale totaled 1625735 billion yuan, and the market share of private asset management business (excluding pension business, public offering large collection products and asset securitization products) under the new regulations of asset management was about 15.87%, ranking first in the industry.
It is worth mentioning that in 2021, Citic Securities Company Limited(600030) served 71 enterprises to issue 136.2 billion yuan of green bonds, completed the issuance of the first batch of carbon neutral green bonds, the first batch of Green Village revitalization bonds and other market leading products, and cooperated with banks to launch the first batch of ESG global asset allocation index products, carbon emission right pledge loan business and over-the-counter option trading of carbon neutral index.
“In the complex and changeable market environment, we firmly believe that we should do our own thing well and do the right thing, and make unremitting efforts towards the development vision of ‘becoming China’s leading and world-class China investment bank most trusted by global customers’.” Citic Securities Company Limited(600030) chairman Zhang Youjun said.
intends to distribute a cash dividend of 5.4 yuan for every 10 shares
Citic Securities Company Limited(600030) announced the profit distribution plan.
60 Hefei Lifeon Pharmaceutical Co.Ltd(003020) 21 annual profit distribution adopts the method of cash dividend (i.e. 100% cash dividend) to distribute dividends to A-share shareholders and H-share shareholders registered on the equity registration date (the specific date will be further announced).
According to the plan, Citic Securities Company Limited(600030) plans to distribute 5.40 yuan (including tax) for every 10 shares. Based on the total number of shares issued by the company on the date of the meeting of the board of directors approving the profit distribution plan in 2021, a total cash dividend of 800309528766 yuan (including tax) will be distributed, which is 34.88% of the net profit attributable to the shareholders of the parent company in the consolidated statements in 2021.
It is reported that Citic Securities Company Limited(600030) last year’s profit distribution plan was to distribute 4.00 yuan (including tax) for every 10 shares, with a total cash dividend of 5.171 billion yuan (including tax).
Citic Securities Company Limited(600030) said that the cash dividend was calculated and announced in RMB and paid to A-share shareholders in RMB and H-share shareholders in Hong Kong dollars. The actual distribution amount of Hong Kong dollars shall be calculated according to the average benchmark exchange rate of RMB to Hong Kong dollars published by the people’s Bank of China five working days before the date of the 2021 annual general meeting of shareholders of the company.
latest progress in the use of allotment and fund raising
While disclosing the 2021 annual report, Citic Securities Company Limited(600030) also issued an announcement on replacing self raised funds invested in advance with funds raised through allotment.
According to the announcement, as of January 27, 2022, the actual investment amount of the company’s self raised funds in advance into the investment projects with raised funds was 3.517 billion yuan, of which 1.517 billion yuan was invested to strengthen the construction of information system and 2 billion yuan was invested to increase the investment in subsidiaries.
Citic Securities Company Limited(600030) said that the company used the raised funds to replace the self raised funds in advance, which was in line with the provisions of replacing the raised funds within 6 months after they arrived in the account.
It is reported that the total amount of funds raised from the allotment of Citic Securities Company Limited(600030) A-Shares is 22.396 billion yuan. After deducting the issuance related expenses, the net amount of funds actually raised is 22.318 billion yuan. The payment was received on January 27, 2022. The total amount of funds raised by H-share allotment is HK $6.04 billion (equivalent to about RMB 4.93 billion). After deducting relevant issuance expenses, the net amount of funds raised from H-share allotment is about RMB 4.88 billion.
accrued impairment loss of other assets totaling RMB 2.605 billion
The total impairment loss of the company was RMB 2.6 billion yuan, and the net profit of the company decreased by RMB 2.6 billion yuan in 20205; The impact on net profit exceeds 10% of the audited net profit of the company in 2021.
Source: Citic Securities Company Limited(600030) announcement
Specifically, in 60 Hefei Lifeon Pharmaceutical Co.Ltd(003020) 21, the provision for impairment of long-term equity investment was 57 million yuan, which was not withdrawn in 2020.
The provision for impairment of fixed assets was 80 million yuan in 2021, but not in 2020.
The provision for impairment of intangible assets is 285 million yuan in 2021 and 5700 yuan in 2020.
The provision for impairment of goodwill is 2.069 billion yuan in 2021 and 81 million yuan in 2020.
The provision for inventory falling price is RMB 114 million in 2021 and RMB 322 million in 2020.
