Some counterattacks, some of the revenue and net profit of the trusted trust industry in the first half of the year

[Dahe Daily · Dahecai Cube] (Reporter Chen Yujing) In the first half of 2022, the trust industry contracted significantly.

According to statistics from the Yunnan Trust Research and Development Department, in the first half of 2022, 56 trust companies with a year -on -year data declined in operating performance. The total operating income was 57.544 billion yuan, a year -on -year decrease of 14.34%. Reduced 21.71%, and the industry's performance was severe.

"In terms of trust business, it is mainly affected by the continuous pressure of regulatory regulation and the weakest demand for corporate financing. The scale of financing and transaction management trust business has been continuously reduced, resulting in narrowing the trust business income; in the inherent business, it is mainly affected by the external environment of the volatility of the capital market. The gains and losses of the fair value of the industry have greatly impaired, resulting in a significant decline in inherent business income, "said Wang Hejun, general manager of Yunnan Trust Research and Development Department.

Trust business income and inherent business income both decline

Affected by the contraction of scale pressure and the shrinkage of corporate financing demand, in the first half of 2022, the trust industry revenue declined significantly.

The financial data of 56 trust companies show that in the first half of 2022, the overall operating performance of the trust industry declined, with total operating income of 57.544 billion yuan, a year -on -year decrease of 14.34%. Among them, the total income of the trust business was 37.358 billion yuan, a decrease of 13.86%year -on -year, and the total business revenue was 20187 billion yuan, a year -on -year decrease of 15.21%.

In terms of trust business, it is mainly affected by the continuous regulatory pressure drop and the weakest demand for corporate financing, and the scale of financing and transaction management trust business has continued to reduce the scale of the trust business, resulting in narrowing the trust business income.

According to statistics from the trust industry association, the balance of financing trust assets in the first quarter fell to 3.38 trillion yuan, which was a decrease of 5.49%compared with the end of the previous year, and the proportion fell to 16.79%, a decrease of 0.64 percentage points from the end of the previous year; The balance of the assets of the transaction management category fell to 8.22 trillion yuan, compression of 2.25 trillion yuan from the end of the previous year, a decrease of 2.92%, accounting for 40.77%, a decrease of 0.43 percentage points from the end of the previous year.

In April 2022, the China Banking Regulatory Commission issued the "Notice on Adjusting the Trust Business Classification Limited Matters (Draft for Opinions)", which divided the trust business into three categories, namely asset management trusts, asset service trusts and public welfare/charity trusts to further further Risk control of trust business, guide the trust industry to get rid of the traditional path dependence, return to the origin, and promote the trust industry to improve the active management capabilities.

People in the industry believe that this document shows that future financing trusts, especially non -standard financing space, will continue to be compressed. At the same time, the asset management and wealth management business will become the key development direction of the future trust business. At present, the pattern of differentiated competition has not yet formed, and it is urgent to further improve the technical structure, investment and research capabilities, and talent quality. In addition, public welfare charity trusts to create a stable cash flow business model to serve society is yet to be tapped, which all put forward higher requirements for the trust company's product design capabilities and resource allocation capabilities during the transformation and development process.

Wang Hejun, general manager of the Yunnan Trust Research and Development Department, believes that there are two main reasons for the decline in trust business income in the first half of the year. One is that the regulatory department clearly requires compression of financing business and passive channel business with shadow banking characteristics to promote the return of trust companies to return to its origin. Essence Second, affected by the changes in the real estate market and the downlink of macroeconomics such as the epidemic, the balance of the trust assets invested to the real estate in the first quarter was 1.57 trillion yuan, a decrease of 10.85%from the end of the previous year. Decreased by 4.23%compared to the end of the previous year.

Power Property Rights Trust

The British Trust advances into the top ten of the trust business income

From the perspective of changes in trust business income rankings, the top ten changes are not much. However, in the context of the overall decline in operating income, the business income of head trust companies has also declined to varying degrees.

However, there are still companies that have achieved adversity growth. Among the top 10 companies in the trust business, CCB Trust, British Trust and Foreign Trade Trust have maintained positive growth. Among them, the British University Trust has increased significantly, a year -on -year increase of 19.92%. The main reason is that the scale of the property rights trusts of these companies is large, and the scale of asset securitization, family trust, and bankruptcy reorganization trust business ranks among the forefront of the industry. Such businesses are also supervised in recent years. The main direction advocated by the department.

Regarding the decline of inherent business, the industry believes that in the first half of 2022, the main reason for the sharp decline in the inherent business income of the trust industry was that the capital market fluctuated in the first half of the year, the investment income was not good, the fair value changes and the profit and loss of the gains and losses of great impairment of the benefits and losses of the changes in the changes in the changes in the changes in the gains and losses of the changes in the changes in the gains and losses of the changes in fair value. Essence The profit or loss of the average fair value of the industry was -063 million yuan, a year-on-year decrease of 77 million yuan.

According to data released by Yunnan Trust, from a structural point of view, the head concentration effect of the trust industry is still continuing, and the inherent business income is mainly contributed by head enterprises. In the first half of 2022, CR3, CR5, and CR10, which had inherent business revenue, increased a large extent. Among them, the inherent business income of the first three trust companies (Ping An, Chongqing, China Resources) accounted for more than half, and the total contribution of the inherent business income was 10.575 billion yuan. Essence This shows that the differentiation of the trust industry has become more significant, showing the characteristics of "strong strong" in the inherent business.

Net profit overall decline

Raise the tail

According to the data provided by Yunnan Trust, in the first half of 2022, the total net profit of the industry was 26.983 billion yuan, a year -on -year decrease of 21.71%, and the industry's performance was severe.From the perspective of the changes in net profit, the trend of "the head is declining, the tail is promoted".Specifically, among the top 10 companies in the first half of 2022, only Ping An Trust, China Resources Trust and Jiangsu Trust have maintained a net profit. The remaining head trust companies have declined to varying degrees.The decline in net profit is more than 50%.

It is worth noting that Huaxin Trust has a clear counterattack.In the first half of 2022, net profit jumped from the 20th place in the first half of 2021 to 9th place in the industry, and its inherent business contributed a greater contribution to its net profit.In the first half of 2022, Huaxin Trust had an inherent business income of 506 million yuan, an increase of 35.69%year -on -year.

Among the 10 companies after the net profit ranking, except for the National Federation Credit, the growth of net profit has been achieved.

Responsible editor: Wang Shidan | Audit: Li Zhen | Director: Wan Junwei

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