Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 6030)
PRELIMINARY FINANCIAL DATA
FOR THE FIRST HALF OF 2020
This announcement is made pursuant to the Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Listing Rules.
The principal financial data and indicators of CITIC Securities Company Limited (the "Company") for the first half of 2020 as set out in this announcement are preliminary data prepared in accordance with the PRC GAAP, and have not been audited by the reporting accountants. The final figures will be formally disclosed in the 2020 interim report of the Company. Investors are advised to exercise caution when dealing in the shares of the Company.
- PRINCIPAL FINANCIAL DATA AND INDICATORS FOR THE FIRST HALF OF 2020 (CONSOLIDATED, UNAUDITED)
Unit: In RMB millions
For the six | For the six | ||
months ended | months ended | ||
Item | 30 June 2020 | 30 June 2019 | Change (%) |
Operating revenue | 26,743 | 21,791 | 22.72 |
Operating profit | 11,877 | 8,930 | 33.00 |
Profit before income tax | 11,874 | 8,932 | 32.94 |
Net profit attributable to owners | |||
of the parent | 8,926 | 6,446 | 38.47 |
Net profit attributable to owners | |||
of the parent excluding | |||
extraordinary gains and losses | 8,855 | 6,410 | 38.14 |
Basic earnings per share | |||
(in RMB Yuan/share) | 0.70 | 0.53 | 32.08 |
Return on weighted average | Increased by 0.96 | ||
equity (%) | 5.07 | 4.11 | percentage point |
1
As at | As at | ||
Item | 30 June 2020 | 30 June 2019 | Change (%) |
Total assets | 975,081 | 791,722 | 23.16 |
Equity attributable to owners | |||
of the parent | 176,044 | 161,625 | 8.92 |
Total issued share capital | 12,927 | 12,117 | 6.68 |
Net assets per share attributable | |||
to owners of the parent | |||
(in RMB Yuan/share) | 13.62 | 13.34 | 2.10 |
- EXPLANATION ON THE OPERATING RESULTS AND FINANCIAL POSITION
In the first half of 2020, all the principal businesses of the Company realized an increase, and the asset quality and operating results of the Company maintained benign. In the first half of 2020, the Group realized an operating revenue of RMB26,743 million, representing a year- on-year increase of 22.72%, and a net profit attributable to owners of the parent of RMB8,926 million, representing a year-on-year increase of 38.47%.
III.PRINCIPAL FINANCIAL DATA OF CHINA AMC
China Asset Management Company Limited (a subsidiary of the Company, the "China AMC") is held as to 13.9% by Mackenzie Financial Corporation. IGM Financial Inc., the parent company of Mackenzie Financial Corporation, will publish its 2020 second quarterly results recently, which contains the principal financial data of China AMC. In accordance to the principle of fairness with regard to information disclosure, the Company hereby discloses the principal financial data of China AMC for the first half of 2020 as follow: As of 30 June 2020, China AMC's total assets amounted to RMB11,932 million and its total liabilities amounted to RMB2,703 million. For the six months ended 30 June 2020, China AMC realized an operating revenue of RMB2,383 million and a net profit of RMB748 million, with a total comprehensive income of RMB765 million. As of 30 June 2020, the asset under management of China AMC (at parent level) is RMB1,247,829 million.
IV.RISK WARNING
The principal financial data of the Company for the first half of 2020 as set out in this announcement is preliminary data, which may be different from the data to be disclosed in the 2020 interim report of the Company, but it is expected that the above-mentioned difference would not exceed 10%. Investors are advised to exercise caution when dealing in the shares of the Company.
2
V. DOCUMENTS AVAILABLE FOR INSPECTION
The balance sheet and income statement signed by the legal representative of the Company, Mr. ZHANG Youjun, the Chief Financial Officer of the Company, Mr. LI Jiong, and the head of the accounting department of the Company, Mr. SHI Benliang, and chopped with the official chop of the Company, are available for inspection.
By order of the board of directors
CITIC Securities Company Limited
ZHANG Youjun
Chairman
Beijing, the PRC
29 July 2020
As at the date of this announcement, the executive directors of the Company are Mr. ZHANG Youjun and Mr. YANG Minghui; the non-executive director is Mr. WANG Shuhui; and the independent non-executive directors are Mr. LIU Ke, Mr. HE Jia and Mr. ZHOU Zhonghui.
3
Attachments
- Original document
- Permalink
Disclaimer
CITIC Securities Co. Ltd. published this content on 29 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2020 14:25:13 UTC