According to Zhitong Finance App, Fangzheng Securities (601901.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 7.119 billion yuan, a year-on-year decrease of 8.46%; net profit attributable to shareholders of listed companies was 2.152 billion yuan, an increase of 0.21%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,863 billion yuan, a year-on-year decrease of 12.35%; and basic earnings per share were 0.26 yuan/share.

According to the resolution of the board of directors, the company plans to distribute profits in 2023 based on the total share capital registered on the share registration date for implementing equity distribution. The company plans to distribute a cash dividend of 0.23 yuan (tax included) to all shareholders for every 10 shares. No bonus shares will be sent, and the share capital will not be transferred from the Provident Fund.

During the reporting period, the company achieved operating income of 7.119 billion yuan and net profit attributable to shareholders of listed companies of 2.152 billion yuan, an increase for 5 consecutive years, reaching a seven-year high. The company's total assets and net assets continued to grow steadily, and the balance and liability structure was further optimized. As of December 31, 2023, the company's total assets were 222,442 billion yuan, up 22.48% year on year; net assets were 46.01 billion yuan, up 5.05% year on year; and the financial leverage ratio was 3.69 billion yuan.

During the reporting period, the number of the company's customers continued to grow. The number of new customers was nearly 1.24 million, and the total number of customers exceeded 16 million; the company achieved net revenue of 2,174 billion yuan from the securities brokerage business. In the fourth quarter of 2023, the net revenue market share of the company's brokerage securities trading business rebounded to about 2.90%, a record high in the past three years.

During the reporting period, the peak monthly activity of the Xiaofang App, the average number of daily app visits, and the number of daily visits per person increased by 7.6%, 16.2%, and 12.1% year-on-year. The customer NPS (net recommendation value) was 22.39% at the beginning of the year and increased to 40.00% at the end of the reporting period, an increase of 17.61 percentage points. User stickiness and satisfaction all increased significantly. With its advantages such as fluency of use and system stability, the Xiaofang App won the “Most Loved App by Users” in the “Daily Economic News” 2023 Jinding Award.

During the reporting period, the company deeply cultivated the core pool of public equity, strengthened ETF investment and education to help customers buck the trend; carefully selected private equity managers, enriched product strategies, and achieved breakthroughs in quantitative strategies and financial derivatives strategies; provided professional skills training, and held various activities such as asset allocation contests and ETF contests to enhance marketers' ability to allocate assets. The company's financial product holdings stabilized at over 80 billion yuan, with a peak of over 91 billion yuan; by the end of the reporting period, the company's public equity mixed fund size was 22.914 billion yuan, an increase of 2.58% over the previous year.