Caitong Securities Co Ltd operates within the Security brokers and dealers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Caitong Securities Co Ltd with three other
companies in this sector in CHINA :
East Money Information Co Limited
(2019
sales of 4.23 billion Chinese Renmimbi [US$592.90 million]
of which 65%
was Security Service),
Guoyuan Securities Co Limited
(4.81 billion Chinese Renmimbi [US$673.67 million]
of which 19%
was Brokerage), and
Huaxi Securities Co Ltd
(4.91 billion Chinese Renmimbi [US$687.30 million]
of which 29%
was Self-support Investment Advisory).
Sales Analysis.
During the year ended December of 2019, sales at
Caitong Securities Co Ltd were 4.57 billion Chinese Renmimbi (US$640.26 million).
This
is
an
increase of 11.6%
versus 2018, when the company's sales were 4.09 billion Chinese Renmimbi.
Despite this increase, sales are still
slightly
below the level achieved in 2017, when Caitong Securities Co Ltd
reported sales of 4.58 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Caitong Securities Co Ltd had sales
of 4.79 billion Chinese Renmimbi.
Sales of Investment Banking saw an increase
that was more than double the company's growth rate: sales were up
105.3% in 2019, from
184.00 million Chinese Renmimbi to 377.67 million Chinese Renmimbi.
Caitong Securities Co Ltd also saw significant increases in sales in
Entrusted Asset Management Business (up 56.3% to 1.24 billion Chinese Renmimbi)
and
Securities Brokerage Income (up 16.2% to 1.10 billion Chinese Renmimbi)
.
Not all segments of Caitong Securities Co Ltd experienced an increase in sales in 2019:
sales of Securities Credit Business fell 24.0% to 177.00 million Chinese Renmimbi.
Caitong Securities Co Ltd also experienced decreases in sales in
Overseas Business (down 12.5% to 105.46 million Chinese Renmimbi)
.