Our reporter Xing Meng

　　On August 23, the Securities Association of China released the operating data of securities companies for the first half of 2022.

The unaudited financial statements of securities companies show that in the first half of 2022, 140 securities companies achieved operating income of 205.919 billion yuan, a year-on-year decrease of 11.40%; net profit of 81.195 billion yuan, a year-on-year decrease of 10.06%, of which 115 securities companies achieved profits, accounting for 82.14% of the total.

　　The reporter noticed that the main reason for the decrease in the operating income of securities companies in the first half of this year was the sharp drop in securities investment income.

Relevant financial reports show that the securities investment income (including fair value changes) of securities companies in the first half of 2022 was 42.979 billion yuan, a decrease of 26.809 billion yuan compared with the same period last year, a year-on-year decrease of 38.41%.

　　"The decrease in securities investment income is mainly due to the relatively large fluctuations in the securities proprietary business due to the market correction in the second quarter, and the market has gradually stabilized since July." Chen Li, chief economist and director of the research institute of Chuancai Securities Daily reporter analysis said.

　　In the first half of the year, the income from other main businesses of securities companies was not significantly different from that in the same period of last year. The net income of agency trading of securities (including seat leasing of trading units) was 58.307 billion yuan, the net income of securities underwriting and sponsoring business was 26.771 billion yuan, and the net income of financial advisory business was 58.307 billion yuan. 3.137 billion yuan, net income from investment consulting business 2.818 billion yuan, net income from asset management business 13.319 billion yuan, and net interest income 29.659 billion yuan.

　　It is worth noting that the total assets of securities companies exceeded 11 trillion yuan.

According to statistics, as of June 30, 2022, 140 securities companies had total assets of 11.20 trillion yuan and net assets of 2.68 trillion yuan, an increase of 5.76% and 4.28% respectively compared with the end of the previous year.

The net capital is 2.06 trillion yuan, the balance of customer transaction settlement funds (including credit transaction funds) is 2.13 trillion yuan, and the total net value of entrusted assets is 10.99 trillion yuan.

　　Since last year, the total assets of securities companies have grown rapidly and their capital strength has been continuously enhanced.

Relevant data show that the total assets of securities companies will exceed 9 trillion yuan and 10 trillion yuan at the end of the first quarter of 2021 and the end of 2021, respectively.

As of the end of 2021, the total assets of the securities industry were 10.59 trillion yuan, and the net assets were 2.57 trillion yuan, an increase of 19.07% and 11.34% respectively over the end of the previous year.

　　"Overall, the financial market is highly active, which supports the securities intermediary business, and the head effect is obvious." Chen Li said that the total assets of securities companies exceeded 11 trillion yuan, which also reflects the positive trend of the financial market. It has laid the foundation for empowering the development of the real economy in the future.

(Securities Daily)