Hello everyone,This is the third season of my trust evaluation.,You can flip through the relevant collections in the past (some articles may be sensitive and forced to be deleted.,There are product inquiries and other private messages)
Last year, BOCOM International Trust Evaluation - Bank Trust Deeply Relying on Shareholders We talked about the middle and upper reaches of the trust's data, but there are still some projects that have problems, how to see this year
Bank of Communications Trust
"BOCOM International Trust Co., Ltd." (hereinafter referred to as the "Company") was established in June 1981, formerly known as Hubei International Trust and Investment Company, with a registered capital of 100 million yuan. At present, the company is headquartered in Jianshe Avenue, Jianghan District, Wuhan City, and the selected information disclosure newspapers: Financial Times, Shanghai Securities News, Securities Times
In December 2001, in accordance with the relevant requirements of the People's Bank of China on the reorganization and re-registration of trust and investment companies, the company was restructured and renamed Hubei International Trust and Investment Co., Ltd
It was re-registered with the approval of the People's Bank of China in January 2003.
In May 2007, with the approval of the China Banking Regulatory Commission, the company introduced Bank of Communications Co., Ltd. (hereinafter referred to as "Bank of Communications") to implement strategic restructuring. After the completion of the reorganization, the company was renamed as "Bank of Communications International Trust Co., Ltd.", with a registered capital of 1.2 billion yuan
In December 2011, with the approval of the Hubei Supervision Bureau of the former China Banking Regulatory Commission, the registered capital of the company was increased to 2 billion yuan.
increased to 3.176 billion yuan in March 2013,
In November 2013, it increased to RMB3,765 million, with the proportion of shareholders' capital contribution unchanged.
In October 2014, 15% of the equity interest in the Company held by the Hubei Provincial Department of Finance was transferred to Hubei Communications Investment Group Co., Ltd.
In April 2017, the company increased its capital by 2 billion yuan, and the registered capital reached 5.765 billion yuan, and the proportion of shareholders' capital contribution remained unchanged.
Information disclosure newspapers designated by the company: Financial Times, Shanghai Securities News, China Securities Journal
Company registered address: 16-17 floor, Block B, Ruitong Plaza, No. 847 Jianshe Avenue, Jianghan District, Wuhan City, Hubei Province
The major shareholder is the Bank of Communications, which is controlled by a central enterprise, holding 85% of the shares, so the Bank of Communications Trust is also a trust company controlled by the capital of the central enterprise bank, and the natural advantage of the bank trust company is the business resources of the parent company, so the bank central enterprise trust is generally stronger than other trust companies.
The second shareholder is Hubei Communications Investment Group Co., Ltd., holding 15% of the shares
Therefore, from the perspective of shareholder background, the trust company is a bank-based trust company, and it is a trust financial institution under the five major banks.
Company employees: The total number of employees is 245, the average age is 38.41 years, and the distribution ratio of education is:
Ph.D. 0.4%; Master's 64.5%; Undergraduate 34.3%; Specialist 0.4%; Others 0.4%
Regulatory indicators: net capital of 13.232 billion yuan, risk capital of 4.644 billion yuan, the ratio of net capital to the sum of risk capital of various businesses is 284.93%, which meets the regulatory requirements of no less than 100%;
The ratio of net capital to net assets is 84.32%, which meets the regulatory requirement of not less than 40%.
At the end of 2023, all indicators of net capital supervision were fully met
Enterprises check the situation of foreign investment in China
Proprietary Asset Utilization and Distribution Table
Utilization and distribution of trust assets:
Benefits:
Case analysis in enterprise investigation:
17.50% of the cases were as defendants, 70.00% as plaintiffs, and 12.50% as other parties
52.50% of the cases were civil cases
22.50% of the cases were caused by disputes over financial loan contracts
30.00% of the cases were located in Hubei
36.25 per cent of the cases were in the first enforcement stage
In the past five years, 2020 accounted for the highest proportion of cases, reaching 33.33%
Loan customers: Many are real estate companies
Public information inquiries about the trust company's breach of contract did not get any effective information
However, the litigation records of Qichacha include: Shimao, Shanghai Sanlin Zhongfang, and Yunnan Fubon Real Estate
During the reporting year, the total income from trust business was 982.6352 million yuan, including 955.5597 million yuan from trust fees and 27.0755 million yuan from other businesses.
It is worth mentioning that the procedure and commission income account for 60%+ of the income, which is relatively traditional
According to the 2023 annual report disclosed on the official website, the parent company achieved a net profit of RMB 650.4017 million during the reporting period, an undistributed profit of 6019.5665 million yuan at the beginning of the period, a surplus reserve of 65.0402 million yuan, a dividend of 43.809 million yuan distributed to shareholders, and a cumulative undistributed profit of 6561.119 million yuan at the end of the period. The consolidated statement for the reporting period achieved a net profit of RMB770,799,700, of which the net profit attributable to the owners of the parent company was RMB770,799,700, and the cumulative undistributed profit at the end of the period was RMB7,014,002,800.
Ranked 11th in terms of management scale, up 10% year-on-year
Net profit was 17, down 18% year-on-year
Ranked 11th in standardized products, a year-on-year increase of 55%
Through the recent annual report, we can find that the risk control of BOCOM Trust and CCB Trust follows the banking system, which is very good, although there are some default records, but they are both large projects and real estate. I admire this kind of company
2024 0626