Shenwan Hongyuan Group Co.,Ltd.’s Net Profit Dropped 39.2% in First Three Quarters of 2022

Shenwan Hongyuan Group Co.,Ltd. (申万宏源集团股份有限公司) (000166.SZ) reported a net profit of 4.5 billion yuan in the first three quarters of 2022, down 39.2% year-on-year.

Meanwhile, the company posted 18.1 billion yuan in revenue, down 27.5% year-on-year.

At the end of the reporting period, it had 617.2 billion yuan in total assets and 498.5 billion yuan in total liabilities, with a liability-to-asset ratio of 80.8%.