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Huatai Securities Co Ltd
SSE:601688

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Huatai Securities Co Ltd
SSE:601688
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Price: 22.13 CNY -1.16% Market Closed
Market Cap: ¥199.8B

Operating Margin

49.8%
Current
Improving
by 11.9%
vs 3-y average of 37.9%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
49.8%
=
Operating Income
¥18.5B
/
Revenue
¥37.2B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
49.8%
=
Operating Income
¥18.5B
/
Revenue
¥37.2B

Peer Comparison

Country Company Market Cap Operating
Margin
CN
Huatai Securities Co Ltd
SSE:601688
199.8B CNY
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CN
CITIC Securities Co Ltd
SSE:600030
415B CNY
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US
Morgan Stanley
NYSE:MS
287.3B USD
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US
Goldman Sachs Group Inc
NYSE:GS
279B USD
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US
Charles Schwab Corp
NYSE:SCHW
187.6B USD
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EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD
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US
Interactive Brokers Group Inc
NASDAQ:IBKR
126.2B USD
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US
Robinhood Markets Inc
NASDAQ:HOOD
74B USD
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CN
Guotai Junan Securities Co Ltd
SSE:601211
352.1B CNY
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US
Raymond James Financial Inc
NYSE:RJF
33.6B USD
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US
LPL Financial Holdings Inc
NASDAQ:LPLA
30.9B USD
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Market Distribution

Higher than 96% of companies in China
Percentile
96th
Based on 8 544 companies
96th percentile
49.8%
Low
-409 046.1% — -1.4%
Typical Range
-1.4% — 10.3%
High
10.3% — 876.4%
Distribution Statistics
China
Min -409 046.1%
30th Percentile -1.4%
Median 4.2%
70th Percentile 10.3%
Max 876.4%

Huatai Securities Co Ltd
Glance View

Market Cap
199.8B CNY
Industry
Financial Services

Huatai Securities Co Ltd. is a pivotal player in China's financial services sector, weaving its narrative amidst the country's economic evolution. Established in the wake of China's market reforms, the company carved a niche by providing comprehensive securities services, including brokerage, wealth management, and trading, which form the backbone of its revenue streams. As the financial landscape in China broadened, Huatai seized the opportunity to build a robust client base, catering to retail investors, institutions, and high-net-worth individuals. This diverse customer focus enabled the firm to offer tailored financial solutions, leveraging its deep market insight and extensive network to facilitate transactions not only in equities but also in debt securities and other financial instruments. At the heart of Huatai's operations is its commitment to technological innovation and digital transformation, which further sharpens its competitive edge. The company's strategic investments in fintech and digital platforms have not only enhanced the efficiency of its service delivery but also magnified its reach to tech-savvy, younger investors. Through its proprietary trading platforms and mobile applications, Huatai capitalizes on the burgeoning demand for seamless and sophisticated online trading experiences. This digital-first approach not only streamlines its operations but also underpins its ability to generate commissions and fees, a primary revenue driver. Meanwhile, its asset management and investment banking segments contribute significantly to its financial health, showcasing Huatai's adeptness in navigating the complexities of capital markets and corporate finance, positioning itself as a trusted partner in China's economic journey.

Intrinsic Value
36.45 CNY
Undervaluation 39%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
49.8%
=
Operating Income
¥18.5B
/
Revenue
¥37.2B
What is Huatai Securities Co Ltd's current Operating Margin?

The current Operating Margin for Huatai Securities Co Ltd is 49.8%, which is above its 3-year median of 37.9%.

How has Operating Margin changed over time?

Over the last 3 years, Huatai Securities Co Ltd’s Operating Margin has increased from 33.6% to 49.8%. During this period, it reached a low of 24% on Dec 31, 2024 and a high of 49.8% on Sep 30, 2025.

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