Jefferies Financial (JEF): A Beacon of Growth Amidst Market Uncertainty – 2024 Revenue Surges 46.25%!

Performance of the Quarterly Report

Jef Financial (JEF) had a total operating revenue of RMB1,593,019,000 as of February 28, 2025. Due to the lack of data from the previous fiscal year, it is not possible to directly calculate the year-on-year change rate. However, from the financial data in 2024, Jef Financial had a total operating revenue of USD3.395 billion, up 46.25% year-on-year. This growth trend may reflect Jef Financial's business expansion and good market performance in the past year, although the specific growth in 2025 is still unclear.

Key Data in the Quarterly Report

1. Jef Financial's total operating revenue in 2024 was USD3.395 billion, up 46.25% year-on-year.

2. From the beginning of 2024 to May, the operating income was USD1.738 billion, up 35.43% year-on-year.

3. The overall market environment in 2025 may affect revenue growth, including interest rate changes and market fluctuations.

4. It is not possible to confirm whether there will be new business expansions or acquisitions in 2025.

5. In the context of overall low growth and low interest rates in the financial industry, Jef Financial's performance is worth noting.

Peer Comparison

1. Industry-wide analysis: The change in total operating revenue in the financial industry is usually closely related to the economic cycle. During the recovery period, the demand for financial services increases, and operating income usually rises; during the recession period, income may decrease. In 2025, the outlook for the non-bank financial industry is optimistic, and both the securities industry and the insurance industry are expected to achieve revenue growth.

2. Peer evaluation analysis: Jef Financial's operating income as of May 31, 2024 was USD3.395 billion, while the specific data of other large investment banks (such as Goldman and Morgan Stanley) during the same period was not disclosed in detail, but the market generally believes that Jef Financial performed well in revenue growth.

Summary

Jef Financial's total operating revenue in 2024 performed strongly, with a significant increase, reflecting its good market performance and potential business expansion. Although the specific data in 2025 has not been confirmed, the overall market environment and industry trends still need to be followed to judge the potential for future revenue growth.

Opportunities

1. Jef Financial's strong performance in 2024 may continue to attract investor attention.

2. The overall positive industry trend, especially in an active capital market, may drive the company's revenue growth.

3. If there are new business expansions or acquisitions in the future, they may bring new sources of revenue.

Risks

1. Uncertainty in the future market environment, especially interest rate fluctuations, may affect revenue growth.

2. Increased competition within the industry may affect Jef Financial's market share and revenue.

3. Changes in the economic cycle may lead to a decrease in overall financial service demand, affecting the company's operating income.