20240208_招商证券_银行业2023年理财公司盘点：理财真净值时代理财公司百舸争流_27页.pdf
|2024 02 08 2023/2023 2024 30 2023 22.5 83.8%2023 2023 2023 1 1 2023 12+3+N APP 2024 2023 12 137 19.7%2023 26.8 2024 2024 30%40 0.8 7283.9 10.5 7160.9 11.6%1m 6m 12m 8.4-3.0 2.4 8.0 13.2 20.8 1 2023 2024-02-07 2-2024 1 1 2024-02-07 3 1 1 2024-02-07 S1090521010002 S1090523070003-30-20-10010Feb/23 May/23 Sep/23 Jan/24(%)银行 沪深300 2.4 1.1.4 1.2 2023.6 1.3 2023.10.12 2.1.12 2.2.13 2.3.17 2023.20 3.1 2023.20 3.2 2023.21 2023.23 4.1-.23 4.2-.24 2024.24.26 1.5 2.6 3.7 4 7.8 5.8 6 3.9 7.9 8 2023.10 9.10 10.11 11.13 0YBYvMsPoNoPtNtQsPpQpObRcM7NpNnNsQnRlOpPtRfQpNnPaQmMuMwMtQtNuOoMqM 3 12.15 13.15 14.25 15.25 16.26 1.5 2 2023.7 3.11 4.12 5.14 6.16 7 2023 17 8 2024 1.18 9 2023.20 10 2023.21 11 2023.22 12 2023.22 4 2004 2018 4 2023 22.5 83.8%2023 27.6 26.8 1 2 1.1 210 2018 4 2018 10 2018 12 2020 2021 2021 12 2022 8 5 1 iFinD 2018 12 2019 5 2024 1 32 6 12 8 1 5 2023 50 1 2019 5 150 2019 5 160 2019 6 80 2019 7 100 2019 7 120 2019 12 80 2019 9 50 2019 11 55.56 2019 12 50 2020 7 50 2020 8 50 2020 9 30 2021 12 50 2022 1 50 2022 6 50 2022 9 20 2022 8 20 2023 12 20 2019 12 10 0.05.010.015.020.025.030.035.0理财规模2005 2005 2009 2011 2018 4 2018 9 2018 12 2019 2020 7 2021 12 2021 6 2021 8 2021 9 2021 12 2022 8 6 2019 12 15 2020 4 20 2020 8 20 2020 8 20 2020 9 10 2022 3 30 2022 11 50 2020 6 20 2020 9 10 2021 5 10 2022 1 10 2022 6 10 2023 6 10 2020 2023 12 22.5 83.8%2022 3.4 2019 2 1.2 2023 2023 27.6 26.8 0%10%20%30%40%50%60%70%80%90%0510152025理财公司理财规模 理财公司产品规模占比(右轴)7 3 iFinD 1 2 2023 3.7%+3.5%4.1%2.7%2023 2023 2.2%25BP 3.6%+0.6%-11.3%2 2023 2.2%1.9%3.6%3.5%+3.0%-0.1%0.6%-10.1%-11.3%-9.3%iFinD+2023 2021 6 0.05.010.015.020.025.030.035.0银行理财 公募基金 8 2023 2.2%1.9%4 7 iFinD 2023 521 553 569 2021 11 25 1/3/6/12 15 21Q4 5 Wind 3+3 2023 3.7%+3.5%4.1%2.7%1.00%1.50%2.00%2.50%3.00%3.50%大行 股份行 城农商行 货币基金现 金管 理 类理 财 新规-15%-10%-5%0%5%10%15%2021/5/312021/6/302021/7/312021/8/312021/9/302021/10/312021/11/302021/12/312022/1/312022/2/282022/3/312022/4/302022/5/312022/6/302022/7/312022/8/312022/9/302022/10/312022/11/302022/12/312023/1/312023/2/282023/3/312023/4/302023/5/312023/6/302023/7/312023/8/312023/9/302023/10/312023/11/302023/12/31定开债基 半月年 化收益 率纯固收定 开理财 半月年 化收益 率固收+定开理 财半月 年化收 益率 9 6 3 Wind 2023 0.9 0.6 3.2%2023 28 1353 2024 1 15 1353 2023 2023 0.6%2023-10.1%2023 7 2023 2023 6 0.08 33 2023-11.3%-6%-4%-2%0%2%4%6%8%2022/1/152022/2/152022/3/152022/4/152022/5/152022/6/152022/7/152022/8/152022/9/152022/10/152022/11/152022/12/152023/1/152023/2/152023/3/152023/4/152023/5/152023/6/152023/7/152023/8/152023/9/152023/10/152023/11/152023/12/152024/1/15定开债基 近3 月年化 收益率 纯固收定 开理财 近3 月年化 收益率固收+定开理 财近3 月年 化收益 率 持有期固 收理财 近3 月年化 收益率0.0%0.2%0.4%0.6%0.8%1.0%1.2%1.4%1.6%1.8%2.0%2023 年年初至今平均收益率 10 8 2023 2024 1 15 33 27 1 82%1.3 2023 2022 1 30BP 2 3 2022 2023 2023 20%4%8 10 7.78%11 11 2023 12 4.4%9=1/-15%-10%-5%0%5%10%年初至今平均收益率0%5%10%15%20%25%理财公司公募理财产品破净率 11 2022 2021 2022 2023 12 4.4%29.6%1.5%10=1/2023 2023 56.6%-7.1pct 26.7%+9.2pct 6.2%-0.3pct 2.9%-0.2pct2.1%-0.6pct 2022 7 2022 9.2 2022 3 2014 2015 2016 2017 2018 2019 2020 2021 2022 23H1 2023 29.8%29.5%46.9%45.2%49.0%59.7%64.3%68.4%63.7%58.3%56.6%:25.5%25.4%35.1%34.1%40.7%51.7%47.8%48.1%45.7%43.9%42.1%4.3%4.1%8.7%8.1%8.3%8.1%7.7%5.8%4.7%3.9%3.2%3.1%3.0%13.9%13.3%10.6%11.3%20.9%15.7%17.5%16.2%23.2%17.5%15.0%8.4%6.5%6.7%6.2%6.2%7.8%7.0%9.5%9.9%7.6%4.8%3.3%3.1%3.3%2.9%10.0%9.3%6.6%6.6%6.6%3.9%5.7%4.0%4.7%26.6%22.4%16.6%13.9%5.8%9.1%11.4%17.5%23.7%26.7%1.3%0.8%3.0%3.4%2.8%4.0%2.7%3.2%2.1%1.2%2.9%2.1%8.7%1.6%0.6%0.8%0.9%0.8%0%10%20%30%40%50%60%固收产品破净率 混合产品破净率 12 2023 2.1 2023 2023 2023 2023 2023 2023 4 2022 1H23 2023 2.5 2.4 2.4-0.1 2.1 2.1 2.2 0.2 1.5 1.5 1.7 0.2 1.8 1.5 1.6-0.2 1.8 1.4 1.6-0.2 1.7 1.5 1.5-0.1 1.9 1.5 1.5-0.4 1.1 1.2 1.3 0.1 1.1 1.2 1.2 0.1 0.9 0.9 1.0 0.1 0.8 0.7 1.0 0.1 0.9 0.8 0.9 0.0 0.8 0.7 0.7 0.0 0.5 0.5 0.6 0.1 13 2022 1H23 2023 0.4 0.5 0.5 0.2 0.4 0.3 0.4 0.0 0.4 0.3 0.4 0.0 0.3 0.4 0.4 0.0 0.4 0.3 0.3-0.1 0.3 0.3 0.3 0.0 0.2 0.2 0.2 0.0 0.2 0.2 0.2 0.0 0.2 0.2 0.2 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22.2 20.7 22.4 0.1 2023 2.2 QDII 11 PR1 PR2 PR3 14+6+2 5 PR1 PR2 PR3+-6+N 6-N ESG+-”-+-ESG 6+2-/+-/-/-ETF ESG-T+0-99”-FOF-FOF-15-+-2022 500+8 64 600 2023 11.3 40.1%8.54 31.9%2022 12 2023 17.3%2023 13 050000100000150000200000250000现金管理类 最短持有期 每日 7 天(含)以内7 天-1 个月(含)1-3 个月(含)3-6 个月(含)6-12 个月(含)0%10%20%30%40%1 年期以上占比 1 年期以上占比（剔除现金类产品）16 2023 6 6 23H1 2022 14,129 60 831 15,021 16,308 62 1,253 17,623 14,240 1 500 14,741 18,454 13 643 19,110 12,578-1,628 14,207 15,804-1,953 17,757 14,500 80 530 15,109 15,663 92 751 16,506 11,246-376 11,622 10,314-540 10,854 6,593 9 451 7,053 7,190 1 600 7,791 73,286 150 4,317 77,752 83,732 169 5,741 89,642 11,110 5 647 11,762 10,760 5 544 11,309 23,547 57 805 24,589 23,957 58 1,057 25,215 20,298 31 360 20,725 19,968 23 637 20,629 15,064 17 197 15,278 14,576 17 279 14,871 8,628 1 123 8,752 8,641 1 99 8,742 4,660 5 53 4,718 4,939 6 189 5,134 1,561-26 1,587 1,626 31 1,657 7,040 11 7 7,058 8,366 9 18 8,393 7,516 8,840 525-4 528 216 3 219 237 237 92,670 128 2,221 102,750 93,050 119 2,856 105,008 3,329 21 6 3,355 3,545 49 5 3,599 3,244 5 62 3,438 3,741 5 65 3,864 1,807 6 7 1,820 2,096 6 13 2,115 3,451 5 39 3,494 3,379 4 43 3,426 4,306 1 159 4,465 3,440 1 148 3,589 2,223 0 3 2,226 2,007 0 1 2,008 1,237 7 1,244 1,378 13 1,391 3,125 27 3,152 3,944 35 3,979 2,563 2 54 2,619 2,952 86 3,038 25,285 40 363 25,814 26,481 66 408 27,010 299 13 312 498 12 510 94 23 2 118 42 24 2 67 119 3 122 179 2 181 1 3 3 2 2 513 25 17 556 719 25 16 759 2022 151 4 53 23H1 185 36 126 17 7 2023 1 1-12 1 13.7%17.7%39.7%28.4%18.3%30.9%32.0%18.8%10.8%25.0%39.0%24.0%31.0%16.0%24.4%28.6%34.4%8.1%21.8%35.6%19.6%23.5%12.9%43.9%23.6%18.2%14.9%42.9%14.8%17.1%15.7%52.4%26.8%20.1%25.6%26.1%29.1%17.4%31.2%22.0%22.7%22.7%21.5%33.1%19.9%15.0%25.3%39.8%12.9%22.6%33.5%31.0%21.1%21.1%25.5%32.4%12.7%52.1%15.0%20.2%10.9%39.4%31.3%18.3%13.8%21.9%58.3%6.0%30.5%13.9%44.6%11.0%30.0%30.4%27.8%11.9%37.6%30.6%27.7%4.1%48.9%16.6%34.6%0.0%2.3%10.8%38.7%48.2%34.7%13.2%13.0%39.1%52.0%29.8%18.2%0.0%9.9%35.3%47.8%7.0%17.0%31.7%34.2%17.1%25.2%6.3%68.5%0.0%0.0%2.1%24.8%73.1%0.0%18.6%80.4%0.9%0.0%100.0%0.0%0.0%24.1%75.9%0.0%0.0%21.4%21.6%27.7%29.0%2024 1 APP 2.3 2024 1 18 2024 1 500 12+3+N APP 29 8 2024 1 497 202 141 129 121 107 98 69 54 40 19 35 29 29 28 27 25 25 22 19 18 18 16 15 9 20 8 5 4 3 2 1 1 2023 1 1 2023 1 1 2023 3.1 2023 2023+2023+9 2023+3.1%3.6%2.1%3.2%3.7%2.9%0.1%3.1%3.6%3.5%-1.7%3.1%21 3.2%3.5%0.1%3.1%3.4%2.9%2.5%2.9%A 3.5%2.6%2.0%2.7%B 3.6%3.7%1.8%2.6%C 3.5%3.6%0.1%2.4%D 4.0%2.0%1.3%2.0%E 3.4%1.9%0.2%1.5%3.5%2.9%0.8%2.6%2023+80 2023 10 2023 63.4%62.6%55.4%A 50.7%B 50.6%C 41.8%D 40.4%E 37.2%F 25.6%G 11.2%46.5%80 2023 N 1/N 3.2 2023 2023 1+2023 22+11 2023+4.1%5.3%4.5%4.7%4.3%4.5%3.7%4.2%4.8%4.2%4.4%4.4%2.5%4.1%4.8%2.1%1.1%4.0%4.7%3.6%-0.4%3.8%4.5%3.9%-3.3%3.6%4.1%3.2%0.4%3.0%A 3.1%2.6%1.6%2.8%B 3.0%2.9%1.4%2.7%C 3.3%3.0%1.6%2.6%D 2.2%2.8%1.0%2.6%E 3.1%3.1%-0.7%2.5%F 4.4%3.0%0.5%2.5%G 3.2%2.6%-1.6%2.3%H 4.6%3.1%-2.3%1.9%I 4.0%1.9%0.8%1.9%J 0.3%1.7%1.3%K 1.1%-5.1%L-10.6%3.9%3.3%0.7%3.1%2023+80 2023 12 2023 100.0%100.0%100.0%99.2%92.4%90.8%89.0%A 83.6%B 79.6%23 C 75.7%D 69.6%G 55.3%F 55.1%E 47.1%H 45.4%I 45.2%J 42.3%K 37.1%L 30.0%62.4%80 2023 N 1/N 2023 2023 4.1-50-2020 7 2023 1.66 2023+ESG 2023 29%37%39%24 28%12+3+N APP 200 4.2-20 2020 8-2023 5200 2023 23%2023 80 69.6%2023 4.4%2024 1 121 2024 1 2 3 4 5 6 7 25 14 2013-2016 6.5 23.1 5.5 2016 59.8 38.6%2023 12 137 19.7%15 iFinD 2024 2022 11 10 31.5 2023 6 25.34 6 2023 26.8 27.65 2024 2024 30 0.020.040.060.080.0100.0120.0140.0160.0银行理财 个人存款 26 16 E e E e-5.00 10.00 15.00 20.00 25.00 30.00 35.00理财规模 27 6-12 A 300 500 20%5-20%5%5%
