The performance data disclosure of the trust industry in 2021 is coming to an end.
As of the afternoon of January 17, 55 of the 68 trust companies had disclosed their financial statements in the interbank market on time, and the overall disclosure progress had slowed down compared with last year. However, it should be noted that the financial data disclosed in the inter-bank market have not been audited and may be slightly different from the annual report data. In addition, the financial report only discloses two statements of assets and liabilities and profit. Therefore, the detailed description of the data, the scale of trust assets and innovative business need to be disclosed in the annual report.
According to the latest data obtained by the 21st Century Business Herald reporter from people in the trust industry, in addition to the fact that CITIC Trust, which has always ranked among the top 10 in previous years, has not disclosed its financial reports, at present, the top 10 trust companies in terms of net profit are Ping An Trust, Huaneng trust, Chongqing Trust, China Resources trust, Minmetals trust, CCB trust, Jiangsu trust, AVIC trust Foreign trade trust, Shanghai Lujiazui Finance & Trade Zone Development Co.Ltd(600663) trust. among them, Ping An Trust and Chongqing Trust are consolidated statements.
The net profits of the top 10 are RMB 4.819 billion, RMB 3.788 billion, RMB 3.382 billion, RMB 3.316 billion, RMB 2.361 billion, RMB 2.206 billion, RMB 2.038 billion, RMB 1.679 billion, RMB 1.640 billion and RMB 1.586 billion respectively.
In 2021, the most profitable TOP10 achieved a total net profit of 26.815 billion yuan, while in 2020, the audited TOP10 reported a total net profit of 25.081 billion yuan (all based on the parent company’s caliber), which was basically the same.
Compared with the net profit ranking in 2020, most of the positions have changed. Among them, two trust companies are new, namely, foreign trade trust rose from 13th to 9th, and Shanghai Lujiazui Finance & Trade Zone Development Co.Ltd(600663) trust rose from 12th to 10th. Correspondingly, Everbright trust fell out of the top 10, from the original 5th to 11th. CITIC Trust, which has been in the top 10 for many years, has not disclosed its financial results.
is not only the most profitable TOP10 in the industry, but also the industry as a whole in recent years.
According to the data of the trust industry association, 62 trust companies achieved an average net profit of 792 million yuan in 2020, a year-on-year decrease of 9.17% compared with 2019. From 2017 to 2020, the total profit of the trust industry has shown negative growth for three consecutive years, and the profit margin has decreased from the high point of 89.21% in 2017 to 47.49% in 2020. To some extent, it reflects the transformation of profit model, the change of cost and expense structure, and the direct impact of industry risk exposure on profits in the accelerated transformation of the industry.
