Southwest Securities Co Ltd operates within the Security brokers and dealers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Southwest Securities Co Ltd with three other
companies in this sector in CHINA :
Huaan Securities Co Ltd
(2019
sales of 3.72 billion Chinese Renmimbi [US$574.43 million]
of which 22%
was Securities Proprietary Business),
Western Securities Co Limited
(4.30 billion Chinese Renmimbi [US$664.07 million]
of which 35%
was Self-employed business), and
East Money Information Co Limited
(4.23 billion Chinese Renmimbi [US$652.95 million]
of which 65%
was Security Service).
Sales Analysis.
During the year ended December of 2019, sales at
Southwest Securities Co Ltd were 3.91 billion Chinese Renmimbi (US$602.64 million).
This
is
a
decrease of 11.4%
versus 2018, when the company's sales were 4.41 billion Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Southwest Securities Co Ltd had sales
of 4.31 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 61.9% decline
in Other Operation, from 231.69 million Chinese Renmimbi to 88.23 million Chinese Renmimbi.
There were also decreases in sales in
Investment Banking (down 38.3% to 277.82 million Chinese Renmimbi)
and
Asset Management (down 51.2% to 63.29 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Self-Support Operation (up 87.8% to 1.57 billion Chinese Renmimbi)
and
Brokerages (up 35.9% to 1.49 billion Chinese Renmimbi)
.