Shenwan Hongyuan Group Co.,Ltd.’s Net Profit Rose 17.5% in First Half 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 4.3 billion yuan in the first half of 2023, up 17.5% year-on-year.

Meanwhile, the company posted 12.2 billion yuan in revenue, down 4.5% year-on-year.

At the end of the reporting period, it had 638.8 billion yuan in total assets and 515.9 billion yuan in total liabilities, with a liability-to-asset ratio of 80.8%.