Below are the financial statements of GF Securities, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CNY | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
---|---|---|
Non-current assets | — | — |
Property and equipment | 3,271.41a | 3,230.38a |
Right-of-use assets | 1,999.13a | 2,024.85a |
Investment properties | 242.98a | 199.16a |
Goodwill | 2.4a | 2.35a |
Other intangible assets | 515.11a | 520.02a |
Investments in associates | 8,912a | 7,249.31a |
Investments in joint ventures | 2,097.75a | 1,981.9a |
Debt instruments at amortised cost | 5.09a | 101.48a |
Equity instruments at fair value through other comprehensive income | 22,317.78a | 5,696.95a |
Advances to customers | 20.24a | 0a |
Other accounts receivable, other receivables and prepayments | 12a | 0a |
Financial assets held under resale agreements | 0a | 19.85a |
Financial assets at fair value through profit or loss | 8,844.55a | 10,066.05a |
Deferred tax assets | 1,855.66a | 2,562.5a |
Total non-current assets | 50,096.1a | 33,654.79a |
Current assets | — | — |
Debt instruments at amortised cost | 30.55a | 28.23a |
Debt instruments at fair value through other comprehensive income | 104,334.36a | 139,295.12a |
Advances to customers | 108,919.69a | 91,107.9a |
Accounts receivable | 8,604.4a | 11,045.44a |
Other accounts receivable, other receivables and prepayments | 983.83a | 1,567.49a |
Financial leasing receivables | 14.09a | 39.31a |
Amounts due from joint ventures and associates | 74.69a | 127.51a |
Financial assets held under resale agreements | 20,565.24a | 19,701.05a |
Financial assets at fair value through profit or loss | 233,976.85a | 206,002.36a |
Derivative financial assets | 3,879.45a | 5,034.08a |
Deposits with exchanges and non-bank financial institutions | 22,681.99a | 21,252.8a |
Clearing settlement funds | 35,188.24a | 34,510.39a |
Bank balances | 169,395.63a | 118,815.21a |
Total current assets | 708,649.01a | 648,526.89a |
Total assets | 758,745.11a | 682,181.68a |
Current liabilities | — | — |
Borrowings | 4,324.3a | 6,838.05a |
Short-term financing payables | 71,983.52a | 45,363.29a |
Financial liabilities at fair value through profit or loss | 7,661.12a | 15,768.78a |
Due to banks and other financial institutions | 14,605.86a | 22,653a |
Accounts payable to brokerage clients | 175,339.66a | 132,010.53a |
Accrued staff costs | 4,596.51a | 4,285.09a |
Other accounts payable, other payables and accruals | 36,675.42a | 43,252.31a |
Contract liabilities | 123.28a | 115.86a |
Amounts due to joint ventures and associates | 10.19a | 12.45a |
Provisions | 33.52a | 446.85a |
Current tax liabilities | 279.44a | 258.82a |
Other liabilities | 571.21a | 599.97a |
Derivative financial liabilities | 6,757.75a | 4,700.93a |
Financial assets sold under repurchase agreements | 171,313.95a | 153,748.8a |
Bonds payable | 32,688.79a | 39,872.69a |
Lease liabilities | 311.31a | 307.7a |
Total current liabilities | 527,275.82a | 470,235.11a |
Net current assets | 181,373.18a | 178,291.78a |
Total assets less current liabilities | 231,469.29a | 211,946.57a |
Non-current liabilities | — | — |
Financial liabilities at fair value through profit or loss | 544.42a | 502.39a |
Accrued staff costs | 5,809.28a | 5,211.21a |
Deferred tax liabilities | 149.42a | 449.05a |
Bonds payable | 70,602.19a | 63,707.81a |
Lease liabilities | 688.24a | 662.48a |
Other liabilities | 590.36a | 737.92a |
Total non-current liabilities | 78,383.9a | 71,270.86a |
Net assets | 153,085.38a | 140,675.71a |
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