Huatai Securities Co Ltd

Chart & Performance

D1W1MN

P/E

8.03

P/S

3.01

EPS

1.51

Div Yield, %

3.73%

Shrs. gr., 5y

3.39%

Rev. gr., 5y

17.54%

Revenues

33.99b

+10.32%

Net income

12.75b

+15.35%

CFO

-31.46b

Dividend

Sep 12, 20240.16417 HKD/sh

Earnings

Mar 26, 2025

Profile

Huatai Securities Co., Ltd., a security company, provides financial services in Mainland China and internationally. The company buys and sells stocks, funds, bonds, futures, and options on behalf of clients; and provides various financial products and asset allocation, margin financing, securities lending, securities-backed lending, and margin securities lending services. It also offers institutional investment banking services, such as equity and bond underwriting, financial consultancy, and over-the-counter business services for enterprises, institutions, and governments; cross-border proprietary and credit derivative products and services; custodian and fund services, including settlement, liquidation, reporting, and valuation services, as well as margin trading and other value-added services to various asset management institutions; and professional research and consulting services. In addition, the company provides private equity fund and asset management services for securities and futures companies, funds, etc. Huatai Securities Co., Ltd. was founded in 1990 and is headquartered in Nanjing, the People's Republic of China.

URL

https://www.htsc.com.cn/

IPO date

Feb 26, 2010

Employees

16,644

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	33,991,276 10.32%	30,811,407 -12.65%	35,275,166 29.50%
Cost of revenue	28,097,322	28,376,267	27,552,072
Unusual Expense (Income)
NOPBT	5,893,954	2,435,140	7,723,094
NOPBT Margin	17.34%	7.90%	21.89%
Operating Taxes	1,168,404	862,708	2,671,669
Tax Rate	19.82%	35.43%	34.59%
NOPAT	4,725,550	1,572,432	5,051,425
Net income	12,750,632 15.35%	11,053,986 -17.17%	13,346,107 23.32%
Dividends	(15,060,654)	(4,063,640)	(3,612,549)
Dividend yield	11.99%	3.55%	2.26%
Proceeds from repurchase of equity	(7,637)		364,977
BB yield	0.01%		-0.23%
Debt
Debt current		237,822,729	246,959,977
Long-term debt	890,270	202,404,223	212,269,473
Deferred revenue		218,943	265,637
Other long-term liabilities		(98,515,735)	(2,884,798)
Net debt	(861,269,045)	(343,359,805)	(307,223,783)
Cash flow
Cash from operating activities	(31,458,328)	67,164,729
CAPEX	(1,676,304)
Cash from investing activities	(6,264,467)
Cash from financing activities	17,961,792		44,205,373
FCF	134,416,959	13,744,080	(148,722,950)
Balance
Cash	345,521,300	337,712,748	334,028,378
Long term investments	516,638,015	445,874,008	432,424,854
Excess cash	860,459,751	782,046,186	764,689,474
Stockholders' equity	54,614,459	117,243,563	72,514,483
Invested Capital	850,893,930	858,645,226	872,804,432
ROIC	0.55%	0.18%	0.70%
ROCE	0.65%	0.25%	0.81%
EV
Common stock shares outstanding	9,006,563	8,985,546	8,985,942
Price	13.95 9.50%	12.74 -28.27%	17.76 -1.39%
Market cap	125,641,560 9.75%	114,475,860 -28.27%	159,590,333 -1.84%
EV	(732,518,420)	(188,193,351)	(144,020,477)
EBITDA	7,739,988	3,860,674	9,066,880
EV/EBITDA
Interest	13,662,909	11,111,339	10,990,375
Interest/NOPBT	231.81%	456.29%	142.31%