Haitong Securities Co., Ltd. operates as a securities company primarily in Mainland China, Hong Kong, and Europe. It operates through Wealth Management, Investment Banking, Asset Management, Trading and Institution, Finance Lease, and Others segments. The Wealth Management segment offers securities and futures brokering and dealing, investment consulting, and wealth management services, as well as financial services, such as margin financing, securities lending, stock pledge, etc. The Investment Banking segment provides sponsoring and underwriting services in equity and debt capital markets; financial consulting services, which include merger and assets restructuring services; and services related to the national equities exchange and quotations. The Asset Management segment offers investment management services on investment products comprising asset, fund, and private equity management to individual, corporate, and institutional clients. The Trading and Institution segment provides stock sales and trading, prime brokerage, and stock lending and research services in financial markets; market-making services for fixed income, currency and commodity products, futures and options, and derivatives on various exchanges; and investment funds and private equity projects. The Finance Lease segment offers financial solutions that include finance and operating lease, factoring, entrustment loans, and related consulting services. The Others segment provides warehouse receipts pledge, pricing, and market-making services, as well as services related to risk management. The company also offers fund trading, distribution, and management services; financial and commodity futures contracts broking and dealing services; investment advisory and management services; banking services; and real estate development, property management, and catering management services. Haitong Securities Co., Ltd. was founded in 1988 and is based in Shanghai, the People's Republic of China.

Haitong Securities Co., Ltd.

Haitong Securities is a Chinese financial services company that provides securities brokerage, investment banking, asset management, and other financial services.

Haitong Securities

Founded in 1988, with registered capital of RMB13.0642bn, Haitong Securities Co., Ltd. has always persevered with the business philosophy of “pragmatism, pioneering, prudence and excellence” and the idea of risk control of “being prudent and even conservative”. During the past more than three decades, it has tided over multiple market and business cycles, regulatory reforms and industrial transformations. 

At the end of 2023, Haitong Securities had total assets of RMB754.587bn, net assets attributable to parent company of RMB163.244bn. It has basically built itself into a financial service enterprise covering securities and futures brokerage, investment banking, proprietary trading, asset management, private equity investment, alternative investment, financial leasing and overseas investment banking. In terms of overseas, it has branches and subsidiaries across 15 countries on 5 continents including the global financial centers of New York, London, Singapore, Hong Kong, Shanghai and Tokyo, and it has 341 securities and futures branches in China, and over 24mn clients at home and abroad.

Given the unprecedented changes unseen for a century, Haitong Securities will take advantage of its development in the past more than three decades, with the vision of building a domestic first-class and internationally influential modern financial service enterprise, actively involve itself into the high-quality development of the national economy and the construction of Shanghai international financial center, accurately identify changes, scientifically deal with changes and actively seek changes to provide positive contribution for the healthy development of the real economy.

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue						23.74B -	34.30B 44.50%	37.68B 9.85%			22.38B -
cost of revenue							4.66B -	5.72B 22.77%
gross profit						23.74B -	29.65B 24.88%	31.96B 7.82%			22.38B -
selling and marketing expenses
general and administrative expenses						9.38B -	11.09B 18.24%	11.95B 7.68%			11.10B -
selling general and administrative expenses						9.38B -	11.09B 18.24%	11.95B 7.68%			11.10B -
research and development expenses
other expenses	115.07M -	206.41M 79.38%	171.85M 16.74%	517.70M 201.25%	602.31M 16.34%	5.63B 833.92%	7.12B 26.55%	5.81B 18.32%	6.75B 16.03%	6.36B 5.72%	115.32M 98.19%
cost and expenses						15.01B -	18.21B 21.36%	17.76B 2.48%			18.01B -
operating expenses	5.13B -	7.34B 42.94%	16.04B 118.65%	15.94B 0.62%	14.25B 10.63%	15.01B 5.33%	18.21B 21.36%	17.76B 2.48%	20.90B 17.68%	16.31B 21.98%	18.01B 10.43%
interest expense						13.13B -	14.04B 6.92%	13.02B 7.25%			15.95B -
ebitda						20.63B -	13.89B 32.67%	15.83B 13.99%			4.44B -
operating income	5.34B -					20.14B -	12.85B 36.17%	14.60B 13.54%			2.89B -
depreciation and amortization						493.05M -	1.03B 109.90%	1.24B 19.60%			1.56B -
total other income expenses net							1.02B -	1.16B 14.19%			-1.32B -
income before tax						7.57B -	13.87B 83.24%	15.76B 13.59%			1.57B -
income tax expense						1.80B -	3.33B 85.11%	3.72B 11.67%			1.88B -
net income	4.04B -	7.71B 91.09%	15.84B 105.42%	8.04B 49.22%	8.62B 7.15%	5.21B 39.54%	9.52B 82.75%	10.88B 14.20%	12.83B 17.94%	5.20B 59.49%	1.01B 80.59%
weighted average shs out	9.61B -	9.64B 0.32%	10.70B 11.04%	11.49B 7.37%	11.49B 0.01%	11.50B 0.09%	11.50B 0%	12.08B 5.06%	13.09B 8.31%	13.09B 0.02%	12.61B 3.71%
weighted average shs out dil	9.61B -	9.64B 0.32%	10.70B 11.04%	11.49B 7.37%	11.65B 1.36%	11.58B 0.57%	11.50B 0.68%	12.08B 5.06%	13.09B 8.31%	13.09B 0.02%	12.61B 3.71%
eps	0.42 -	0.80 90.48%	1.48 85.00%	0.70 52.70%	0.75 7.14%	0.45 40%	0.83 84.44%	0.90 8.43%	0.98 8.89%	0.40 59.18%	0.08 80%
epsdiluted	0.42 -	0.80 90.48%	1.48 85.00%	0.70 52.70%	0.74 5.71%	0.45 39.19%	0.83 84.44%	0.90 8.43%	0.98 8.89%	0.40 59.18%	0.08 80%

6008

COM:HTSEC

Haitong Securities

Last Close

11.32

25/11 07:00

Market Cap

92.30B

Beta: -

Volume Today

81.87M

Avg: -

Preview