独家揭秘信托2012财报：兴业拼爹278%爆发增长

Exclusive revelation trust 2012 earnings: industrial spell dad outbreak of 278% growth

The China banking regulatory commission not silver director LiJianHua end has said "to the end of November last year, business management trust assets of 6.98 trillion yuan, immediately to 7 trillion times."

4.81 trillion to over 7 trillion, 2012 trust asset management scale growth again, draws the whole finance raised eyebrows.

In the trust assets management scale rising behind, all the trust company also earn basin full pot overflow. According to the financial weekly reporter master 10 trust company without the audit of financial statements to see, most of the trust company net profit growth rate in more than 40%, the trust is more growth of 278% envy others evil spirit.

In 2012 the trust company without audit financial statements show that net profit growth rate in more than 40% of the trust (278%), love to build trust (100%), the letter trust (66.76%), shaanxi international trust &investment (58%), it melt in trust (46.53%), citic trust (42%), warburg trust (40%). In addition, foreign trade trust and the great trust also increased by 36% and 22.3% respectively. But it does not increase net profit "chengxin fallen, from 1.44 billion last year dropped to 1.4 billion.

"In 2012 net profit in 1 billion above, eight home always have." A trust company deputy chief said. In 2011, there are five trust company net profit over 1 billion, including citic, honesty, China resources, peace, harmony. In 2012, foreign trade trust also with 1.068 billion net profit to join "net profit 1 billion corps. "In 2011 net profit in the 7.8 billion 2012 super billion should be no problem."

The trust explosive growth, net profit growth of 2785

In this 10 trust company's income statement, the most conspicuous is the trust and citic trust, a relative quantity lead, an absolute number lead.

The trust in 2012 net profit of $772 million, compared with 2011 in 204 million yuan, up 278%. Is not only in 2012, in 2011 the same trust net profit growth in 2011, the total assets of the trust is initial 282.09% growth rate; Management of the trust assets scale is initial 379% growth rate; The report period realized total revenue of 490 million yuan, net profit of 204 million yuan, a year-on-year increase of 168.91%.

According to the trust of explosive growth, trust circles evaluation way, "in the last year and projectile trust industry growth of the environment, the trust back bank advantage to obtain the very good play."

The trust in January 2011, the industrial bank co., LTD., holding, it completely changed the trust development mode and speed, especially in trust business, although not know by the end of 2012 the trust assets management scale, but from the commission income is obvious. In 2012, the trust fee and commission income reached 1.101 billion, compared to 2011 in 442 million, an increase of 149%, and in 2010 the data is only 108 million, more than the trust December 2012 144 million less.

The so-called good tree is a good shelter, the same as a bank letter of the department of building trust growth also super average, last year net profit growth rate has reached 66.76%, net profit for 548 million.

"Good in the industry under the condition of the advantage of the trust bank is very obvious, such as when the bank credit crunch, to put a lot of bank deposit to off-balance sheet transfer, and for the bank's trust company speaking, inherit bank platform resources advantage, can be a powerful complement bank loans, the business income natural growth faster." A Beijing trust the personage inside course of study thinks.

Besides the project resource advantages, in the customer resources, the bank system trust also has a certain advantage, when compared to the other bank and trust company, more willing to sell their trust products, even there are also transfer part of high risk high net worth clients situation.

"The eldest brother" citic continue to lead, 2.7 billion net profit scale has over 600 billion

Compared with the bank system trust, as the industry lead the eldest brother "citic trust, although not the fastest growth, its scale but continue to lead.

In 2012, a net profit of citic trust has reached 2.739 billion, is currently the only to see a net profit of over 2 billion trust company. At the same time, its 2012 operating income of 4.388 billion, the inherent with total assets of more than $11.8 billion, will other trust far behind.

Citic trust's official website release data referred to as "by the end of 2012 and the end of the month, citic trust management asset scale has reached 590 billion yuan". "Citic trust now the trust assets scale more than 600 billion do not have a problem for certain." More than people trust industry speculation.

At present, citic trust in the industry with the most complete trust product range, enterprise annuity, private equity funds, asset securitization, equity trust, qualified domestic institutional investors assets (QDII), industrial investment fund, the bad assets fluidization, industrial and commercial enterprises, trust and investment, etc., has been introduced in rural areas, the development of the western region, environment protection, the people's livelihood project, the public trust and works of art, and other areas of trust products. The management of asset scale already four years to keep more than 20% of the growth, and five consecutive years ranked first industry.

However, the gain is as high as 4.388 billion operating income at the same time, citic trust business cost also many. According to the above material shows that its 2012 business spending up to 725 million, including business and management fee is 669 million.

"Trust companies' business and management fee" in the accounts for sale on a commission basis is cost." Shanghai is a senior trust circles to tell a reporter, "citic trust mainly depends on bank channels and the third party agencies sell its products, this is also the trust company widely used traditional mode. Sell goods on a commission basis cost account for it cost big head."

As we have learned, citic trust already from the end of 2012 start business transformation, in the headquarters of the market management department under the wealth management center, make marketing team, responsible for the entire company's products unified sales, and strengthen and brokers, insurance agencies.

At the same time, in the growth and the biggest asset management scale back, citic trust also encountered a series of problems, such as citic trust issue of the "three gorges all-pass loan trust plans of assembled funds" is facing cash problems, and citic trust recently held a press conference in Beijing, said "the three gorges full communication plan does not exist" rigid cash ", the company will not be for the three gorges project all pass out capital contribution. Be like again citic - ShuSi bell specific assets usufruct investment trust plans set its collateral flow pat.

Foreign trade trust rise of the net profit of over 1 billion, chengxin Joe show signs of active contraction

With the Beijing foreign trade trust and feel that the holder is net profit 1 billion club members, but "fate" is different.

Foreign trade trust in 2011 because of the trust assets scale more than 300 billion let many people "accident". In 2012, foreign trade trust maintained rapid growth, its net profit for the first time in 1 billion, became the new join the net profit of over 1 billion trust company. According to the 2012 without audit of the income statement, 2012 foreign trade trust business income for 1.65 billion, up 35%, thus promote its net profit rose by 36% to 1.068 billion, which represent the trust business income fee and commission income amounted to 1.162 billion, an increase of 47%.

"In 2011 net profit in the 7.8 billion 2012 super billion should be no problem."

According to this statement, in 2012, in addition to foreign trade trust, jiangsu trust, chongqing trust and Shanghai trust net profit may be more than 1 billion, this three trust company in 2011 net profit is respectively 864 million, 781 million and 714 million.

Trust industry net profit collective jumps, but "chengxin appear small amplitude decline, unavoidable appear" independence ". 2012 years sincere trust without audit report shows, chengxin Joe has net profit from 2011 in 1.44 billion, has been reduced to 1.4 billion it melt in trust more than; Operating income from 2.413 billion down to 2.163 billion, operating income fell 10.32%.

The business income from view, chengxin holder 2012 fee and commission income rose by only 1.4%, for 1.444 billion yuan, and interest income and investment income have dropped significantly, especially in investment income, down significantly, dropped to 119 million from 433 million. It can be seen that the proportion of income absolute trust business and not too big, and the growth in investment and business but there was lower income. From the 2011 annual report can see, feel that the holder of a long-term equity investment enterprise mainly for capital securities, fine fruit funds.

Without a doubt, in June of last year financial weekly "mineral trust" number one properly "exclusive survey: chengxin holder 3 billion red alert" reported "chengxin 3 billion mineral trust plan into a cash crisis, to ensure the business after bring blow.

"After a period of time we all can't promote ensure product, this matter too much influence, many customers some fear. Especially in the" rigid "cash" culture ", a hear so the scale of the products out of the risk, and everyone's reaction or compare the fierce." Shanghai a third party finance company's customer manager told reporters.

In addition to the "chengxin according to the personage inside course of study," in the second half of honesty in active business contraction trend. A problem later, internal a more strict risk side, after the development of the business also careful many."

And a close to peace trust people to tell a reporter, "because of the trust industry appeared frequently in the second half of the risk, and peace trust also in active contraction business. As far as I know peace trust business last year the growth below the industry average, risk high local platform class project, real estate project basic don't touch." But, at present peace trust accurate financial data has not been announced, temporary can't from the data to represent.

It melt in trust on behalf of the savage growth, deal with worker firewood to over 1 billion

In these trust company without the audit of the balance sheet, it melt in trust because of its high income, high cost of striking features.

When it comes to blend in the model, the financial circle widely circulated a evaluation is "harmony is the way the wild". The wild has many meanings, including "high pay cut, by sea tactical expand scale" approach.

"The harmony of team scale is a name, it melt in team in Shanghai than in Shanghai zhongtai trust. A the personage inside course of study says.

According to the 2011 annual report showed that 51 home can statistical trust company, the largest number of worker is it melt in trust, the company employees 1151 people, The second is peace trust, in 2011 the company the number of employees for 740 people; The company the number of employees occupy the third is citic trust, in 2011 the number of employees for 368 people.

"In addition, the harmony in the treatment for employees in loop indeed is good." The above the personage inside course of study added.

Due to the 2012 years melt business spending for 1.571 billion, and citic trust only for 752 million, other trust management assets ranked in the top ten of the company, its business spending mostly in between 200 million and 400 million. The cost of the melt is obviously higher than the industry average. In addition, according to its balance sheet data without audit, as of December 31, 2012, the melt trust a deal with worker firewood as high as 1.005 billion.

This leads to trust it melt in 2012 operating income is 3.714 billion, and citic trust has little difference from 4.388 billion. But its net profit is only 1.524 billion, and citic trust 2.739 billion net profit is far.

It is worth noting that single from operating income constitute perspective, three main revenue source (fee and commission income, interest net income and investment income), the harmony of the trust commission and commission income of $3.533 billion, higher than the citic trust 3.229 billion, 2012 years in accordance with the relevant calculation melting trust trust return rate can reach 1.25%.

However, the harmony of interest net income 1.0606 million, investment income for 52.69 million; And the amount of net interest in 771 million, investment income for 338 million, citic trust source of income appear more multiple.

Last year, citic trust inherent assets loans of the amount of $2.4 billion, but it melt in trust almost does not involve this piece of business. At the same time, citic trust of a long-term equity investment is 1.6 billion, but only 49.35 million, it melt in the asset scale the top ten trust company also row to the bottom.

Two trust company in 2011 annual report showed that citic trust inherent long-term equity investment in the first five name: taikang life insurance co., LTD. (8.8%), citic prudential fund management co., LTD. (49%), citic splendid management capital co., LTD. (40%), tianjin letter tang currency brokerage co., LTD. (48%), xinhua net co., LTD. (1%).

It melt in the trust and investment for long-term equity investment, the enterprise only: jianghai securities brokerage co., LTD. (holds 2.1%), shenzhen share melt equity investment fund management co., LTD. (the 49%), Shanghai melt brought equity investment fund management enterprise limited partnership (the 28.57%).

7 trillion era of trust industry, 2013 no continuous "nouveau riche"

Two consecutive years of rapid growth, let the trust industry become the financial industry, the China banking regulatory commission the silver star director LiJianHua end has said "to 2012 by the end of November, trust industry management trust assets of 6.98 trillion yuan, immediately to 7 trillion times." Many people think that the scale of trust industry by the end of 2012 is expected to exceed insurance, will be the second big financial industry.

In the 2013 years of business, can maintain rapid growth last year the forehead? Become a hot topic in the recent financial limits. Many people for 2013 years the potential risk trust industry concerned, there are a lot of the personage inside course of study to assert, like 2012 such unprecedented growth already is unlikely.

A well-known trust company vice-president told reporters. "A little note by the end of 2012, the node values and not its 2012 peak, as far as I know, trust industry scale more than 7 trillion then cut back, to the end of December 2012, have no 7 trillion."

January issue of trust product has presented the obvious signs, according to usufructuary trust studio statistics, "last week (January 14 to 1 month and day) were established and set of trust products, established scale of about 8.625 billion yuan, set trust products after the end of last year and early this year after the establishment of the peak last week, the establishment of the trust product set quantity and scale are declined." Real estate trust is unprecedented just eight product was established.

"Brokers bring competition not ignored, some before and we cooperate customers this year has transferred to the securities trader there cooperation." The trust company deputy chief said.

According to the trust of the personage inside course of study, from this year the supervisor of a series of measures to see, for the trust is not very good. Especially allow fund companies, securities companies and insurance asset management companies to set up subsidiaries to carry out special asset management business, a relax that these institutions have a trust company have exclusive privilege.

The New Deal implementation, the effect soon appear, channel business influence bear the brunt of. As is known to all trust from the rapid growth of such cooperation in business, the trust company for bank loans provide a table channel. Now brokers also come to a slice of this action, by the end of 2011, the securities industry management funds principal amount is 281.868 billion yuan only, just a year the number will increase to 1 trillion.

In addition to other organizations to participate in the competition, the risk problem in 2013 is particularly prominent. In 2012, the risk of trust has gradually exposed, real estate trust advance liquidation, loan business difficulties appeared the credit crisis, collateral flow pat and a series of events will trust risk back to the top.

Especially in the recent citic trust has three gorges full communication plan may break "rigid cash" rules, will break the trust absolutely safe "myth". This a series of problems in 2013 not terminated, but will continue to continue, which makes trust company in the business process, have to do more in-depth thinking.