Huatai Securities Co., Ltd. (HKG: 6886)

Huatai Securities Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	29,940	27,896	24,204	26,012	21,123	18,532
Total Interest Expense	13,663	13,663	11,111	10,990	8,359	6,561
Net Interest Income	16,277	14,233	13,092	15,022	12,765	11,971
Brokerage Commission	-	-	-	22,325	18,458	-
Gain on Sale of Investments (Rev)	3,223	974.51	-3,214	-	-	2,057
Other Revenue	22,204	19,739	19,665	3,555	1,370	10,439
Revenue Before Loan Losses	41,704	34,946	29,544	40,903	32,592	24,467
Provision for Loan Losses	0.48	0.48	-386.41	-0.27	-9.75	9.47
Revenue	41,703	34,946	29,930	40,903	32,602	24,458
Revenue Growth (YoY)	24.95%	16.76%	-26.83%	25.46%	33.30%	54.31%
Salaries & Employee Benefits	-	-	-	11,357	10,404	-
Cost of Services Provided	15,973	17,079	16,849	6,361	5,363	11,367
Other Operating Expenses	9,605	5,222	3,526	7,304	4,125	1,171
Total Operating Expenses	25,510	22,363	20,340	26,911	22,625	12,732
Operating Income	16,193	12,582	9,590	13,992	9,977	11,726
Currency Exchange Gains	-1,093	1,323	2,199	-282.02	-821.22	147.88
Other Non-Operating Income (Expenses)	222.9	-	-	28.75	209.92	223.59
EBT Excluding Unusual Items	15,323	13,905	11,789	16,369	13,569	12,097
Legal Settlements	-570.04	-570.04	-	-	-	-
Gain (Loss) on Sale of Investments	473.68	473.68	63.98	-96.71	-66.44	-516.05
Other Unusual Items	356.61	393.81	372.53	-	-	4.49
Pretax Income	15,587	14,205	12,228	16,273	13,504	11,586
Income Tax Expense	-398.67	1,168	861.42	2,672	2,634	2,529
Earnings From Continuing Ops.	15,986	13,036	11,367	13,601	10,870	9,057
Minority Interest in Earnings	-299.25	-285.63	-312.63	-254.79	-47.95	-55.57
Net Income	15,686	12,751	11,054	13,346	10,822	9,002
Preferred Dividends & Other Adjustments	583.5	583.5	433.88	96.52	-	-
Net Income to Common	15,103	12,167	10,620	13,250	10,822	9,002
Net Income Growth	22.38%	15.35%	-17.17%	23.32%	20.23%	78.86%
Shares Outstanding (Basic)	9,009	8,996	8,986	8,986	9,027	8,686
Shares Outstanding (Diluted)	9,009	9,007	8,986	8,986	9,027	8,686
Shares Change (YoY)	-0.45%	0.23%	-0.00%	-0.46%	3.92%	14.01%
EPS (Basic)	1.68	1.35	1.18	1.47	1.20	1.04
EPS (Diluted)	1.66	1.33	1.16	1.46	1.19	1.03
EPS Growth	23.29%	15.04%	-20.72%	22.58%	15.36%	56.33%
Free Cash Flow	81,332	-33,135	65,733	-68,290	-14,876	19,356
Free Cash Flow Per Share	9.03	-3.68	7.32	-7.60	-1.65	2.23
Dividend Per Share	0.580	0.430	0.450	0.450	0.400	0.300
Dividend Growth	28.89%	-4.44%	0%	12.50%	33.33%	-50.00%
Operating Margin	38.83%	36.01%	32.04%	34.21%	30.60%	47.94%
Profit Margin	36.22%	34.82%	35.48%	32.39%	33.20%	36.80%
Free Cash Flow Margin	195.03%	-94.82%	219.62%	-166.96%	-45.63%	79.14%
Effective Tax Rate	-	8.23%	7.04%	16.42%	19.50%	21.83%
Revenue as Reported	40,772	36,578	32,032	51,926	40,534	24,863

Source: S&P Capital IQ. Capital Markets template. Financial Sources.