Statement
This rating report is prepared by China Chengxin International Credit Rating Co., Ltd. The rating reflects the company's creditworthiness and its ability to meet financial obligations.
The rating system is based on the comprehensive assessment of the company's financial status, operational capabilities, and market conditions. The rating reflects the company's ability to repay debts and its overall financial health.
Issuer and Rating Results
| Rating Item | Rating Result |
|---|---|
| Tracking Rating Result | 25/D13 |
| Rating Category | A-1 |
Rating Outlook
The rating outlook is stable.
Financial Overview
| Year | Total Assets (Million Yuan) | Total Liabilities (Million Yuan) | Net Income (Million Yuan) |
|---|---|---|---|
| 2023 | 6,821.82 | 1,406.76 | 931.66 |
| 2024 | 7,587.45 | 1,530.85 | 958.60 |
| 2025 | 9,754.84 | 1,624.58 | 1,130.20 |
Industry Comparison (2025 Data)
| Company Name | Total Assets (Million Yuan) | Net Income (Million Yuan) | Average Return on Equity (%) |
|---|---|---|---|
| GF Securities | 9,754.84 | 985.31 | 9.48 |
| Other Company A | 7,534.77 | 895.50 | 9.18 |
| Other Company B | 6,768.16 | 795.99 | 8.38 |
Business Risks
The company faces various business risks, including market competition and regulatory changes. The report highlights the importance of strategic planning to mitigate these risks.
Financial Management Status
The company emphasizes effective financial management practices to ensure sustainable growth. It aims to enhance operational efficiency and maintain a strong financial position.