China’s Financial Sector Reports May 13 Revenue of 834 Billion Yuan, Net Profit Reaches 12.48 Billion Yuan

Chinas

On May 13, 2025, the total transaction volume reached ¥8340.72 million, with a net asset value of ¥12.48 billion.

As of May 13, 2025, the total transaction volume was ¥8340.72 million, while the net asset value stood at ¥12.48 billion. The financial data shows that on the same day, the transaction volume was ¥8340.72 million, and the net asset value was ¥6297.26 million, resulting in an increase of ¥2043.46 million.

On May 13, the net asset value recorded was ¥12.50 billion. Regarding the net asset value, it was ¥8340.72 million at the time of reporting. The current net asset value is ¥12.48 billion, with a market fluctuation of 3.99%, indicating a decline of approximately 30% over the past year.

In terms of profits, on May 13, the net profit was ¥1.57 million, with no losses recorded. According to the calculations, the losses were at ¥0.00 million, while the total profits amounted to ¥13.84 million, and the remaining profit was ¥198.60 million, which represents a 50% increase compared to the previous year.

The latest data indicates that the total assets of the company are limited to the vicinity of the east coast of the Southern Province, specifically at the location of the company established on December 26, 1997, and was listed on June 10, 2020. The company engages in the production and sales of various products and systems, including power generation, renewable energy development, and other related services.

As of May 10, the total assets reached ¥4.59 million, reflecting an increase of 1.48% compared to the previous period. The average daily transaction volume was 47,519 units, which is a decrease of 1.46% compared to the previous period. From January to March 2025, the total revenue was ¥143.35 billion, reflecting a decrease of 21.48% compared to the previous year.

For the same period, the net profit was reported as ¥-13.20 billion, a significant decrease of 355.88%. On the asset side, the total accounted assets reached ¥34.87 billion, with a cumulative total of ¥29.08 billion over the last three years.

As for the capital market, on March 31, 2025, the company had a significant liquidity flow, with the Central Hong Kong Investment Company reporting an asset volume of ¥1.64 billion, reflecting an increase of ¥3202.64 million compared to the previous period.

The ETF market also saw activity, with the 50-component ETF (588000) reporting an asset volume of ¥6163.28 million, which is a decrease of ¥978.82 million compared to the previous period. Additionally, the ETF (588080) reported an asset volume of ¥4383.81 million, which is a decrease of ¥176.52 million compared to the previous period.

For further details and analysis, the New Wave Finance App provides comprehensive financial insights and updates.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinas-financial-sector-reports-may-13-revenue-of-834-billion-yuan-net-profit-reaches-12-48-billion-yuan/

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