Huatai Securities Co., Ltd. (SHA: 601688)

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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	25,888	27,896	24,204	26,012	21,123	18,532
Total Interest Expense	13,189	13,663	11,111	10,990	8,359	6,561
Net Interest Income	12,698	14,233	13,092	15,022	12,765	11,971
Brokerage Commission	-1,351	-	-	22,325	18,458	-
Gain on Sale of Investments (Rev)	974.51	974.51	-3,214	-	-	2,057
Other Revenue	23,493	19,739	19,665	3,555	1,370	10,439
Revenue Before Loan Losses	35,815	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	35,814	34,946	29,930	40,903	32,602	24,458
Revenue Growth (YoY)	12.24%	16.76%	-26.83%	25.46%	33.30%	54.31%
Salaries & Employee Benefits	-1,068	-	-	11,357	10,404	-
Cost of Services Provided	16,798	17,079	16,849	6,361	5,363	11,367
Other Operating Expenses	8,560	5,222	3,526	7,304	4,125	1,171
Total Operating Expenses	23,908	22,363	20,340	26,911	22,625	12,732
Operating Income	11,906	12,582	9,590	13,992	9,977	11,726
Currency Exchange Gains	-71.57	1,323	2,199	-282.02	-821.22	147.88
Other Non-Operating Income (Expenses)	-45.29	-	-	28.75	209.92	223.59
EBT Excluding Unusual Items	11,167	13,905	11,789	16,369	13,569	12,097
Legal Settlements	141.73	-570.04	-	-	-	-
Gain (Loss) on Sale of Investments	76.34	473.68	63.98	-96.71	-66.44	-516.05
Other Unusual Items	393.81	393.81	372.53	-	-	4.49
Pretax Income	11,783	14,205	12,228	16,273	13,504	11,586
Income Tax Expense	-62.71	1,168	861.42	2,672	2,634	2,529
Earnings From Continuing Ops.	11,846	13,036	11,367	13,601	10,870	9,057
Minority Interest in Earnings	-340.38	-285.63	-312.63	-254.79	-47.95	-55.57
Net Income	11,506	12,751	11,054	13,346	10,822	9,002
Preferred Dividends & Other Adjustments	663.66	583.5	433.88	96.52	-	-
Net Income to Common	10,842	12,167	10,620	13,250	10,822	9,002
Net Income Growth	-5.95%	15.35%	-17.17%	23.32%	20.23%	78.86%
Shares Outstanding (Basic)	9,003	8,996	8,986	8,986	9,027	8,686
Shares Outstanding (Diluted)	9,013	9,007	8,986	8,986	9,027	8,686
Shares Change (YoY)	0.27%	0.23%	-0.00%	-0.46%	3.92%	14.01%
EPS (Basic)	1.20	1.35	1.18	1.47	1.20	1.04
EPS (Diluted)	1.20	1.33	1.16	1.46	1.19	1.03
EPS Growth	-5.95%	15.04%	-20.72%	22.58%	15.36%	56.33%
Free Cash Flow	17,841	-33,135	65,733	-68,290	-14,876	19,356
Free Cash Flow Per Share	1.98	-3.68	7.32	-7.60	-1.65	2.23
Dividend Per Share	0.430	0.430	0.450	0.450	0.400	0.300
Dividend Growth	-4.44%	-4.44%	0%	12.50%	33.33%	-50.00%
Operating Margin	33.24%	36.01%	32.04%	34.21%	30.60%	47.94%
Profit Margin	30.27%	34.82%	35.48%	32.39%	33.20%	36.80%
Free Cash Flow Margin	49.81%	-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	35,503	36,578	32,032	51,926	40,534	24,863

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