FCSC(002797) 南方都市报·2025-04-25 14:44Core Viewpoint - The company reported significant growth in its 2024 annual results, with total operating revenue increasing by 41.91% and net profit attributable to shareholders rising by 173.28% compared to the previous year [2][4]. Financial Performance - Total operating revenue for 2024 reached 35.32 billion yuan, up from 24.89 billion yuan in 2023 [3]. - Net profit attributable to shareholders was 9.04 billion yuan, compared to 3.31 billion yuan in 2023 [3]. - The net profit excluding non-recurring gains and losses was 8.96 billion yuan, reflecting a 177.83% increase year-on-year [3]. - Basic earnings per share increased to 0.22 yuan from 0.08 yuan, marking a 175% rise [3]. Revenue Breakdown - The highest revenue segment was asset management and fund management, generating 11.45 billion yuan, a 7.65% increase [5]. - Self-operated investment and trading business revenue was 6.44 billion yuan, while fixed income and investment banking revenues were 6.45 billion yuan and 2.25 billion yuan, respectively [5]. - Fixed income business revenue grew by 47.33%, and investment banking revenue surged by 92.56% [5]. Quarterly Performance - Quarterly revenues for 2024 were 6.73 billion yuan, 8.51 billion yuan, 8.77 billion yuan, and 11.31 billion yuan, with net profits of 1.43 billion yuan, 2.57 billion yuan, 2.41 billion yuan, and 2.63 billion yuan respectively [4][5]. - The fourth quarter showed the highest revenue and net profit, although the profit margin decreased compared to earlier quarters [5]. Recent Developments - In the first quarter of 2025, the company reported a revenue decline of 1.87% to 6.61 billion yuan and a net profit drop of 17.59% to 1.18 billion yuan [6]. - The company received a warning letter from the Shenzhen Securities Regulatory Bureau due to issues in its private asset management business, which has since been rectified [6].