Shenwan Hongyuan Group Co.,Ltd.’s Net Profit Rose 95.2% in First Quarter of 2023

Shenwan Hongyuan Group Co.,Ltd. (申万宏源集团股份有限公司) (000166.SZ) reported a net profit of 2.2 billion yuan in the first quarter of 2023, up 95.2% year-on-year.

Meanwhile, the company posted 5.8 billion yuan in revenue, up 19.4% year-on-year.

At the end of the reporting period, it had 632.7 billion yuan in total assets and 513.4 billion yuan in total liabilities, with a liability-to-asset ratio of 81.2%.