2010 The Average Net Profit Of Listed Companies Is More Than 800 Million &Nbsp; The Three Industry Is The Fastest Way To Make Money.

Editor's note: the Securities Daily's Market Research Center and WIND statistics show that as of March 28th, Shanghai and Shenzhen two cities There are 954 families. Listed company The 2010 annual report was published to achieve the ownership of parent company. Shareholder Net profit of 834 billion 396 million yuan, an increase of 36.02% over the same period, the average net profit of each company belonging to the parent company is 875 million yuan. The net profit calculated by the weights of the companies that have published the annual reports in these industries shows that the average net profit of each parent belonging to the financial services industry, mining industry and chemical industry is more than 800 million yuan, far stronger than that of other industries, making it the three most profitable industry last year.

　　 12 financial services companies made a net profit of 314 billion 300 million yuan, with an average of 26 billion 200 million yuan per household.

The Securities Daily's Market Research Center and WIND statistics show that as of March 28th, a total of 12 listed companies in the financial services industry announced the 2010 annual report, which achieved a net profit of 314 billion 343 million yuan to shareholders of the parent company, with an average of 26 billion 195 million yuan per company, far exceeding the average level of other industries, making it the most profitable industry.

Specifically, the net profit attributable to the parent company of the industry company that has been published in the annual report as of 28 may be Bank of construction (134 billion 844 million yuan), Bank of China (104 billion 418 million yuan), China Life Insurance (33 billion 626 million yuan), Minsheng Bank (17 billion 581 million yuan), China Pacific Insurance (8 billion 557 million yuan), Shenzhen Development A (6 billion 284 million yuan), Huaxia Bank (5 billion 990 million yuan), state Yuan Securities (925 million yuan), Southwest Securities (805 million yuan), Xingye securities (787 million yuan), Shanxi Securities (787 million yuan) and Shaanxi state investment A (yuan yuan). Obviously, the performance of big blue chip banks, Bank of China, China Life and Minsheng Bank is significantly better than that of other sectors in the industry. From the year-on-year growth rate, the above 12 companies have Shanxi investment A (86.75%), Huaxia Bank (59.29%) and Minsheng Bank (45.25%) three companies. Last year, the net profit of parent shareholders of the parent company increased by 40% over the same period last year, and the increase was relatively large. The Shenzhen Development A (1.91 yuan), Huaxia Bank (1.2002 yuan), China Life Insurance (1.19 yuan) and China Pacific Insurance (1 yuan) 4 stocks last year's basic earnings per share exceeded 1 yuan. Besides, in addition to Shanxi securities, other companies now have corresponding dividend schemes.

The typical example is the Construction Bank. The company's annual report 2010 revealed that net interest income was 251 billion 500 million yuan, an increase of 18.70% over the previous year, and the group's net interest margin and net interest rate were 2.40% and 2.49%, respectively, representing a 10 basis point increase and 8 base points respectively. Interest income from customer loans and advances was 267 billion 6 million yuan, an increase of 11.23% over the same period last year. The net income of commission and commission was 66 billion 132 million yuan, an increase of 37.61% over the previous year, and the ratio of fee to commission net income to operating income was 20.44%, an increase of 2.45 percentage points over the previous year. By the end of 2010, the group's capital adequacy ratio was 12.68%, and the core capital adequacy ratio was 10.40%, representing an increase of 0.98 percentage points and 1.09 percentage points respectively from the end of last year. In 2011, the company's RMB loan increased by 13%.

Judging from the dynamics of the industry, the central bank recently issued an open market forecast that it will issue 47 billion yuan in March 24th, and the central bank in March. The circulation is slightly reduced by 3 billion yuan compared with the previous week's 50 billion yuan. The central bank is issued on a discount basis, bidding for all open market business level dealers. The payment date and interest date are March 25, 2011, and the expiry date is June 24, 2011.

Huarong Securities said that the people's Bank of China decided to increase the deposit reserve ratio of deposit financial institutions by 0.5 percentage points from March 25, 2011. After this increase, 20% of large financial institutions and 18% of small and medium-sized financial institutions. This raised the reserve rate is the third increase in the central bank this year. It is also the nine time that the reserve requirement ratio has been raised nine times since last January. It is estimated to freeze about 360 billion of bank funds. This year's good fundamentals and undervaluation will support the stock price of banks, but capital and macro factors also restrict the uplink of banks. However, banks are still believed to have a relatively good performance. Large banks will have an increase of about 15%, and small and medium-sized joint-stock banks will have an increase of about 30%. Maintain "optimistic" rating.

From the perspective of the securities industry dynamics, the pace of new establishment and integration of the business department has not slowed down. The examination of the administrative licensing of securities companies released by the SFC Organization Department on schedule has shown that only 54 months from October 2010 to 18 months of this month, 54 securities companies submitted applications for the establishment, acquisition or cancellation of the sales department to the regulatory authorities.

Hongyuan Securities said that regulatory intervention effectively curbed brokerage commission rate decline: through the key area business department research, brokerage commission rate downward trend has slowed down, part of the brokerage commission rate will stop. Investment banking focuses on bonds and mergers and Acquisitions: with the restructuring of the economy and capital market this year, the reorganization of M & A projects and issuance of corporate bonds will become the mainstay of investment banking business. The issuance of asset management business will accelerate: the SFC intends to change the reporting system of the collection financial products of securities companies from the examination and approval system to the filing system, and the information management business will enter a period of accelerated growth. Many of the new businesses that will be launched in the future are mainly capital consumptive businesses. The transformation of brokerage business also requires strong capital backing. Still optimistic about the large scale capital and comprehensive strength of securities companies. First of all, CITIC, Haitong and Everbright also strongly recommend the low value Liaoning Cheng Da.