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.

Metric
Company Name	Haitong Securities Co., Ltd.
Symbol	600.84K
MSH ID	COM:HTSEC
Market	STOCKS
Sector	Financial Services
Industry	Financial - Capital Markets
Country	CN
Stage
Employee Count	13.64K
Website	htsec.com
LinkedIn
Founders

Metric
Market Cap	12.74B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	3.09B
Revenue (LTM)
Revenue (NTM)
Gross Profit	3.09B
EBITDA	613.59M
Operating Income	398.60M
Net Income	139.31M
EPS	0.01
Diluted EPS	0.01
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.43
Operating Profit Margin	0.50
EBITDA Margin	0.20
Net Profit Margin	0.13
Return on Equity	0.02
Return on Assets	0.01
Return on Capital Employed	0.02

6008

COM:HTSEC

Haitong Securities

Last Close

11.32

25/11 07:00

Market Cap

92.30B

Beta: -

Volume Today

81.87M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	28.72
P/B Ratio	0.66
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	8.36
EV Multiple	2.51

Metric
Days Sales Outstanding	1.21K
Days Payables Outstanding
Days Inventory Outstanding	5.48K
Operating Cycle	7.19K
Cash Conversion Cycle	6.93K
Asset Turnover	0.04

Metric
Operating Cash Flow	421.77M
Free Cash Flow	311.02M
Cash Flow to Debt	0.08
Operating Cash Flow/Sales	1.94
Free Cash Flow Yield	-0.19

Metric
Cash & Equivalents	34.63B
Accounts Receivable
Inventory
Goodwill	479.18M
Debt to Capitalization	0.73
Debt to Assets	0.41
Current Ratio	26.57
Quick Ratio	26.57

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue	0.35