YOLFTbeta
Huatai Securities Co Ltd

Huatai Securities Co Ltd

601688 · SHG · Financial Services / Capital Markets

17.05CNY-0.06 (-0.35%)

Price History

Full chart

Market Stats

Previous Close17.11
Open17.03
Day Range16.94 – 17.11
52-Week Range17.54 – 25.75
Volume34.44M
Market Cap160.68B
P/E (TTM)8.40
Forward P/E8.37
EPS2.12
Dividend Yield3.09%
Beta0.57
50-Day Avg19.18
200-Day Avg20.25

About

Huatai Securities Co., Ltd., together with its subsidiaries, provides securities and financial services for individual, enterprise, and institutional clients in Mainland China and internationally. It operates through Wealth Management, Institutional Services, Investment Management, International Business, and Other segments. The company offers wealth management services, including securities, futures, and options brokerage, financial products sales, fund investment advisory, and capital-based intermediary services; asset allocation; and margin financing, securities lending, securities-backed lending, and stock pledged repurchase services, as well as trades in stocks, funds, and bonds on behalf of clients. It also provides investment banking services comprising domestic and overseas equity financing, bond financing, and financial advisory; prime brokerage services, such as asset custody and fund services; research and institutional sales; equity securities and fixed income investments and transactions; and over-the-counter financial products and transactions services. In addition, the company provides asset management services, private equity investment, alternative investments, and commodities trading and arbitrage services; overseas business; fintech and digital services; and platforms for investment management and banking, FICC trading, cross-border and structured finance, equity derivatives, equity research and sales, and online securities lending. Huatai Securities Co., Ltd. was founded in 1990 and is based in Nanjing, the People's Republic of China.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Yi Zhou
  • Employees15.51K
  • HeadquartersHuatai Securities Plaza, Nanjing, China, 210019, China
  • Websitehttps://www.htsc.com.cn

Leadership

  • Mr. Yi ZhouCEO & Director · b. 1969
  • Ms. Xiaoning JiaoChief Financial Officer · b. 1970
  • Mr. Zhencong HanChief Information Officer · b. 1968
  • Mr. Kai JiaoGeneral Counsel & Chief Compliance Officer · b. 1975
  • Ms. Yan SunDirector of Human Resources · b. 1973
  • Mr. Chong WangChief Risk Officer · b. 1973
  • Ms. Ying WangExecutive Director · b. 1979
  • Mr. Hui ZhangJoint Company Secretary · b. 1975
  • Mr. Huiqing WangExecutive Chairman · b. 1970
  • Ms. Xiaodi ZhangHead of Accounting Department

Financials

Income Statement

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.63B12.66B5.87B9.23B8.65B6.03B5.88B7.19B12.06B25.83B16.93B20.99B15.85B24.46B32.60B40.90B29.93B34.95B40.28B32.45B
Growth (%)-+381.68%-53.67%+57.30%-6.28%-30.24%-2.48%+22.20%+67.74%+114.20%-34.45%+23.97%-24.49%+54.31%+33.30%+25.46%-26.83%+16.76%+15.25%-19.44%
Cost of Revenue---------9.83B7.62B9.28B7.65B-------
Gross Profit2.63B12.66B5.87B9.23B8.65B6.03B--12.06B25.83B16.93B20.99B15.85B24.46B32.60B40.90B29.93B34.95B40.28B-
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%--100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%-
Operating Expense1.41B4.56B4.34B4.20B3.79B3.18B--6.21B11.56B8.53B10.14B9.37B12.85B23.30B27.26B17.79B20.26B24.71B-
Operating Income1.22B8.10B1.53B5.03B4.86B2.85B2.12B2.93B5.85B14.27B8.41B10.85B6.48B11.61B9.30B13.64B12.14B14.69B15.57B-
Operating Margin46.49%63.95%26.03%54.50%56.18%47.29%35.97%40.70%48.51%55.24%49.65%51.68%40.85%47.46%28.53%33.35%40.57%42.03%38.66%-
EBITDA1.22B8.00B2.38B5.19B4.62B2.66B-38.89M-------------
EBITDA Margin46.49%63.16%40.55%56.28%53.38%44.14%-0.66%-------------
Net Income743.81M5.63B1.25B3.80B3.43B1.78B1.62B2.22B4.49B10.70B6.27B9.28B5.03B9.00B10.82B13.35B11.05B12.75B15.35B16.38B
Net Income Margin28.30%44.44%21.36%41.13%39.60%29.58%27.46%30.87%37.20%41.41%37.03%44.19%31.75%36.80%33.20%32.63%36.93%36.49%38.11%50.49%
R&D--------125.80M288.80M293.48M133.65M71.92M192.09M--1.96B2.28B2.03B-
R&D as % of Total Revenue--------1.04%1.12%1.73%0.64%0.45%0.79%--6.53%6.53%5.03%-
Interest Expense-000411.66M438.21M416.70M1.01B00006.47B6.56B8.36B10.99B11.11B13.66B10.86B9.52B
Interest Expense % of Total Revenue-0.00%0.00%0.00%4.76%7.26%7.08%14.04%0.00%0.00%0.00%0.00%40.80%26.83%25.64%26.87%37.12%39.10%26.95%29.33%

Balance Sheet

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets27.71B77.87B51.92B98.80B113.46B85.74B79.27B98.25B272.23B452.61B401.45B381.48B368.67B562.18B716.75B806.65B846.57B905.51B814.27B1.08T
Total Liabilities23.90B67.71B41.98B84.67B80.22B52.13B44.63B61.92B230.28B371.09B315.79B292.89B263.92B436.53B584.44B654.62B678.72B723.29B622.38B870.35B
Total Equity3.54B9.20B9.07B13.92B32.88B33.23B34.18B35.70B41.30B80.78B84.36B87.34B103.39B122.54B129.07B148.42B165.09B179.11B191.67B206.94B
Cash23.96B69.35B44.69B87.23B87.73B54.14B42.92B31.75B87.34B109.51B92.12B83.87B144.20B221.23B308.61B334.03B337.71B345.52B387.54B513.18B
Total Debt--2.00B2.02B--600.00M19.07B47.77B77.60B84.58B110.88B94.54B129.94B158.84B211.40B201.39B238.42B73.67B-
Net Debt-23.96B-69.35B-42.69B-85.22B-87.73B-54.14B-42.32B-12.69B-39.57B-31.91B-7.55B27.01B-49.65B-91.29B-149.77B-122.63B-136.32B-107.10B-313.86B-

Cash Flow

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.03B39.13B-23.24B41.45B-13.32B-31.58B-9.48B-19.38B30.40B14.82B-15.36B-35.99B21.99B20.44B26.06B-44.64B67.16B-31.46B68.17B-12.60B
Investing Cash Flow3.72B4.79B-752.12M-317.44M-862.73M-974.37M-1.58B1.91B2.32B-21.12B-4.46B-12.27B-10.49B-3.94B-13.45B-262.04M-16.71B-6.26B20.50B-
Financing Cash Flow-972.98M-230.64M741.28M84.81M13.63B-840.76M-817.76M17.08B26.46B53.83B-5.01B19.09B-8.71B35.67B26.85B44.21B-26.70B17.96B-59.67B-
Capital Expenditure31.60M491.80M760.57M325.33M512.74M524.61M1.45B536.12M657.77M837.20M600.37M377.63M954.65M1.08B1.01B2.95B1.43B1.68B1.81B1.22B
Free Cash Flow15.00B38.64B-24.00B41.12B-13.84B-32.10B-10.93B-19.91B29.75B13.98B-15.96B-36.37B21.04B19.36B25.06B-47.60B65.73B-33.13B66.36B-13.82B
Dividends Paid26.50M223.64M254.94M12.80M-840.00M840.00M1.00B1.78B5.12B7.62B7.24B7.14B6.11B2.70B3.61B10.40B15.06B12.83B10.87B
FCF to OCF99.79%98.74%103.27%99.22%103.85%101.66%115.30%102.77%97.84%94.35%103.91%101.05%95.66%94.69%96.14%106.62%97.87%105.33%97.35%109.70%
Dividend Paid to FCF0.18%0.58%-1.06%0.03%--2.62%-7.68%-5.05%5.98%36.59%-47.75%-19.92%33.96%31.58%10.78%-7.59%15.82%-45.45%19.34%-78.63%

Earnings

Report DateMar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Aug 8, 2014Oct 29, 2014Mar 8, 2015Apr 23, 2015Aug 22, 2015Oct 30, 2015Mar 30, 2016Apr 28, 2016Aug 20, 2016Oct 29, 2016Mar 31, 2017Apr 26, 2017Aug 11, 2017Oct 30, 2017Feb 13, 2018Apr 26, 2018Aug 30, 2018Oct 30, 2018Mar 29, 2019Apr 29, 2019Aug 29, 2019Oct 29, 2019Mar 31, 2020Apr 29, 2020Aug 26, 2020Oct 30, 2020Mar 23, 2021Apr 29, 2021Aug 27, 2021Oct 29, 2021Mar 27, 2022Apr 13, 2022Aug 30, 2022Oct 28, 2022Mar 30, 2023Apr 28, 2023Aug 14, 2023Oct 30, 2023Mar 28, 2024Apr 29, 2024Aug 30, 2024Oct 30, 2024Mar 28, 2025Apr 29, 2025Aug 29, 2025Oct 30, 2025Mar 30, 2026Apr 29, 2026Aug 28, 2026
EPS Estimate------------------0.120.32-0.550.360.300.290.240.260.220.250.230.240.270.280.270.180.120.310.260.280.240.310.300.330.400.400.370.390.370.290.320.330.340.440.390.430.430.480.370.360.520.440.440.430.430.480.56
EPS Actual0.150.110.170.180.120.080.030.080.090.100.050.050.110.120.100.060.140.120.210.330.360.770.230.270.170.220.270.200.190.230.240.640.260.170.170.130.340.150.250.280.320.380.270.220.370.490.340.250.240.340.250.340.340.350.280.410.220.290.110.370.380.390.550.380.510.68
Surprise------------------75.00%3.13%-40.00%-36.11%-10.00%-41.38%-8.33%3.85%-9.09%-24.00%0.00%0.00%137.04%-7.14%-37.04%-5.56%8.33%9.68%-42.31%-10.71%16.67%3.23%26.67%-18.18%-45.00%-7.50%32.43%-12.82%-32.43%-17.24%6.25%-24.24%0.00%-22.73%-10.26%-34.88%-4.65%-54.17%-21.62%-69.44%-28.85%-13.64%-11.36%27.91%-11.63%6.25%21.43%
Timing-----------------After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap160.68B
Enterprise Value110.29B
Trailing P/E8.40
Forward P/E8.37
Price / Sales3.64
Price / Book0.77
EPS2.12
Book Value20.70
Revenue (TTM)44.13B
Gross Profit (TTM)28.41B
Profit Margin46.51%
Operating Margin69.64%
Return on Equity9.86%
Return on Assets1.82%
Shares Outstanding7.31B
Shares Float6.24B
Beta0.57
Dividend Yield3.09%
Dividend Rate0.55
Payout Ratio24.53%

Dividends

20231×
0.45Aug 11, 2023
20221×
0.45Aug 5, 2022
20211×
0.40Aug 6, 2021
20201×
0.30Jul 16, 2020
20191×
0.30Aug 16, 2019
20181×
0.30Nov 15, 2018
20171×
0.50Aug 8, 2017
20161×
0.50Aug 5, 2016
20151×
0.50Apr 30, 2015
20141×
0.15Jun 25, 2014
20131×
0.15Jun 13, 2013
20121×
0.15Jun 21, 2012
20111×
0.15Jun 21, 2011