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

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Others	3.48B	3.96B	4.42B	8.07B	-272.05M
Others Growth	-12.19%	-10.34%	-45.18%	-	-
Wealth Management	14.87B	11.94B	15.72B	15.63B	20.72B
Wealth Management Growth	24.57%	-24.04%	0.59%	-24.58%	27.44%
International Business	6.63B	10.15B	7.93B	6.63B	7.32B
International Business Growth	-34.68%	28.10%	19.49%	-9.33%	49.38%
Institutional Services	6.79B	4.96B	6.79B	4.89B	9.53B
Institutional Services Growth	36.97%	-26.97%	38.79%	-48.65%	23.83%
Inter-Segment Elimination	-177.36M	-58.79M	-1.17B	-4.03B	-262.70M
Investment Management	3.78B	1.22B	2.89B	842.00M	3.84B
Investment Management Growth	211.07%	-57.86%	242.72%	-78.07%	4.68%
Total	35.38B	32.17B	36.58B	32.03B	40.87B
Total Growth	9.98%	-12.04%	14.19%	-21.62%	27.25%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Mainland China	29.89B	22.40B	28.65B	25.40B	44.03B
Mainland China Growth	33.42%	-21.81%	12.81%	-42.32%	25.87%
Overseas	5.92B	11.12B	7.93B	6.63B	7.89B
Overseas Growth	-46.75%	40.24%	19.49%	-15.97%	42.22%
Total	35.81B	33.52B	36.58B	32.03B	51.93B
Total Growth	6.83%	-8.36%	14.19%	-38.31%	28.10%

Source: S&P Global Market Intelligence.