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Guotai Haitong Securities Co., Ltd. Class A

Guotai Haitong Securities Co., Ltd. Class A

1.70
EUR
+0.02
(+1.19%)
37.06BMarket Cap
Oct 30Next Earn
Guotai Haitong Securities Co., Ltd. Class A
FRA:153A
(Frankfurt Stock Exchange)

Recent

price

1.70

P/E

ratio

- -

div

yld

16.32%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.39
1.18
1
1.1
2.19
3.95
2.36
2
1.76
2.32
2.82
3.47
2.82
2.79
2.66
2.9
- -
Revenue per Share
0.64
0.43
0.32
0.35
0.83
1.65
0.9
0.83
0.52
0.67
0.9
1.23
0.93
0.73
1.04
1.3
- -
Basic EPS, GAAP
-1.46
-4.59
-0.85
-1.57
5.92
2.9
-5.46
-5.43
5.66
2.69
1.73
0.78
3.97
0.47
4.38
3.71
- -
Free Cash Flow per Basic Share
0.08
0.08
0.03
0.11
0.27
0.45
0.82
0.67
0.65
0.49
0.68
0.82
0.96
0.88
0.94
0.87
2.15
Dividend per Share
4.13
4.36
3.88
4.17
5.15
9.34
9.79
10.44
10.48
11.43
11.42
12.24
13.23
14
14.33
14
15.8
Book Value per Share
3.97
4.2
3.76
4.04
4.81
9.07
9.52
10.19
10.23
11.19
11.17
12.12
12.76
13.53
13.85
13.7
15.51
Tangible Book Value per Share
6,293
6,293
7,753
8,201
8,152
9,512
10,890
11,919
12,831
12,849
12,410
12,183
12,327
12,807
12,545
21,399
7,271
Basic Weighted Avg Shares
8,741
7,431
7,788
8,994
17,881
37,579
25,722
23,789
22,591
29,767
35,023
42,250
34,720
35,763
33,376
62,043
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
160
173
193
180
229
310
347
379
472
1,155
1,195
1,134
1,208
1,402
1,476
2,825
- -
Depreciation Expense
4,031
2,709
2,490
2,879
6,758
15,700
9,841
9,882
6,708
8,637
11,122
15,013
11,509
9,374
13,024
27,809
- -
Net Income, GAAP
21.89
23.83
23.48
22.87
24.32
24.29
23.15
23.27
23.72
20.91
21.08
19.93
17.8
18.62
18.69
24.34
- -
Effective Tax Rate (%)
46.12
36.45
31.97
32.01
37.79
41.78
38.26
41.54
29.69
29.02
31.76
35.54
33.15
26.21
39.02
44.82
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
3,162
10,682
28,345
64,560
78,425
100,427
123,887
96,311
110,653
165,950
191,178
166,792
179,183
198,283
509,824
541,381
LT Debt
26,747
28,225
32,553
35,002
47,299
101,637
110,752
133,433
133,593
146,094
146,238
150,637
163,845
173,378
177,474
346,203
388,030
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
15.83
9.03
6.48
5.12
7.24
10.08
4.26
3.96
2.61
3.38
3.69
4.5
3.39
2.59
3.43
4.29
- -
Return on Capital (%)
16.4
10.14
8.42
8.75
17.76
22.86
10.08
8.91
5.5
6.68
8.16
10.64
7.58
5.77
7.71
11.1
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23,604
23,604
23,604
Market Capitalization
343,396
263,470
287,240

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
894,130
977,179
1,048,254
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.41%
23.01%
95.07%
Free Cash Flow
51.61%
225.19%
44.68%
Net Income, GAAP
13.41%
29.11%
113.52%
Sales/Revenue/Turnover
9.04%
17.01%
85.89%
Total Cash Common Dividend
20.76%
19.2%
58.36%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,944
8,995
11,851
14,308
33,376
2025
10,109
11,845
- -
17,073
62,043
2026
15,990
29,175
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
2.39
0.38
3.17
1.04
2025
0.87
2.31
- -
3.08
1.3
2026
0.27
7.1
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
4.52
0.23
1.9
0.94
2025
0.2
0.18
- -
2.02
0.87
2026
0.11
4.69
- -
- -
- -
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Business
Guotai Haitong Securities Co., Ltd. (formerly Guotai Junan Securities Co., Ltd.) provides comprehensive financial services to individual and institutional clients in Mainland China, Hong Kong and internationally; operates through wealth management, investment banking, institutional and trading, investment management, and international business segments; offers securities brokerage, financial products, investment consultation, digital finance, equity and bond issuance, consignment sales, enterprise reconstruction, mergers and acquisitions, corporate governance and strategic development consultation, asset securitization, equity incentive schemes, market value management, prime brokerage, asset custody, fund services, equities and derivatives trading, fixed income, currencies, commodities, securities margin trading, securities pledge, lending, asset management, fund management, real estate investment trusts, private equity, alternative investments, futures brokerage, risk management, cross-border finance, wealth management, enterprise financing; founded in 1992 through the merger of Guotai Securities and Junan Securities, headquartered in Shanghai, China, with operations spanning domestic branches and overseas presence including Hong Kong; completed its acquisition of Haitong Securities Co., Ltd. in early 2025 via absorption and share exchange valued at approximately CNY 100 billion, creating China's largest brokerage firm following regulatory approvals including from Shanghai SASAC and anti-trust filings, alongside a planned ancillary fundraising of up to CNY 10 billion through A-share issuance to its controlling shareholder Shanghai State Assets Management Ltd.