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Haitong International Securities Group Limited (0665.HK)
Key financial summary
Financials in HKD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | HKD m | 5,247 | 4,171 | 5,279 | 5,906 | 3,373 | -3,431 | -2,343 |
| Operating profit | HKD m | -6,066 | -4,891 | |||||
| Net profit | HKD m | 3,029 | 1,023 | 1,551 | 1,933 | 301 | -6,541 | -5,640 |
| EPS reported | HKD | -1.00 | -0.87 | |||||
| Operating cashflow per share | HKD | -0.61 | -0.61 | |||||
| Capex per share | HKD | 0.02 | 0.02 | |||||
| FCF per share | HKD | -0.63 | -0.63 | |||||
| Free cash flow | HKD m | -4,128 | 4,351 | |||||
| Net debt | HKD m | 41,913 | 35,130 | |||||
| Book value equity | HKD m | 20,689 | 22,738 | |||||
| Book value per share | HKD | 3.14 | 3.36 | |||||
| Number of shares | m | 6,579.81 | 6,761.42 | |||||
| DPS (TTM paid) | HKD | 0.00 | 0.00 |
Financial summary
Financials in HKD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.27 | 0.56 | |||||
| P/S LTM | x | -1.65 | -5.47 | |||||
| P/FCF LTM | x | -1.37 | 2.95 | |||||
| EV/EBITDA LTM | x | -10.11 | -111.58 | |||||
| EV/Sales LTM | x | -13.87 | -20.47 | |||||
| Earnings Yield LTM | % | -115.44% | -66.07% | |||||
| FCF Yield | % | -72.86% | 33.92% | |||||
| Quality | ||||||||
| ROE | % | -31.61% | -27.13% | |||||
| ROIC | % | -12.84% | -12.84% | |||||
| Operating margin | % | 176.82% | 176.82% | |||||
| Gross margin | % | 92.32% | 92.32% | |||||
| FCF/Sales | % | 120.33% | 120.33% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | - | - | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.31% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | -0.27% | 0.00% | |||||
| FCF/Debt | x | -0.09 | 0.10 | |||||
| Net Debt/EBITDA | x | -8.91 | -8.91 | |||||
| EBIT/Net interest | x | -4.50 | -4.50 | |||||
| Net debt/market cap | % | 739.74% | 273.90% | |||||
| Net debt/Equity | x | 2.03 | 1.54 | |||||
| Gross debt/equity | x | 2.27 | 1.97 | |||||
Company overview
Haitong International Securities Group Limited functions as a global financial services provider, offering a comprehensive suite of products and solutions to corporate entities, institutional clients, and high-net-worth individuals worldwide. The company operates through five distinct divisions: Wealth Management, Corporate Finance, Asset Management, Global Markets, and Investment. The Wealth Management segment delivers bespoke financial services and investment strategies primarily to affluent clients, encompassing a wide array of financial instruments such as securities, futures, options, OTC products, and funds, alongside discretionary account management, securities custody, and margin financing. Corporate Finance is dedicated to supporting capital-raising efforts through sponsoring and underwriting services in equity and debt capital markets, as well as providing advisory and financing solutions for key corporate actions like mergers and acquisitions. The Asset Management division provides extensive investment management services, including public, private, and mandatory provident funds, for individual, corporate, and institutional clients. The Global Markets segment focuses on the trading and sales of equity and fixed income products, offering brokerage, risk management solutions, and research advisory, while also engaging in the creation and trading of equity derivative products. Finally, the Investment segment strategically allocates capital into various investment funds, both listed and unlisted debt and equities, and private equity ventures. Founded in 1973 and based in Central, Hong Kong, the company was formerly known as Taifook Securities Group Limited, changing its name to Haitong International Securities Group Limited in November 2010. It operates as a subsidiary under Haitong International Holdings Limited.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Haitong International Securities Group Limited (0665.HK)
Haitong International Securities Group Limited functions as a global financial services provider, offering a comprehensive suite of products and solutions to corporate entities, institutional clients, and high-net-worth individuals worldwide. The company operates through five distinct divisions: Wealth Management, Corporate Finance, Asset Management, Global Markets, and Investment. The Wealth Management segment delivers bespoke financial services and investment strategies primarily to affluent clients, encompassing a wide array of financial instruments such as securities, futures, options, OTC products, and funds, alongside discretionary account management, securities custody, and margin financing. Corporate Finance is dedicated to supporting capital-raising efforts through sponsoring and underwriting services in equity and debt capital markets, as well as providing advisory and financing solutions for key corporate actions like mergers and acquisitions. The Asset Management division provides extensive investment management services, including public, private, and mandatory provident funds, for individual, corporate, and institutional clients. The Global Markets segment focuses on the trading and sales of equity and fixed income products, offering brokerage, risk management solutions, and research advisory, while also engaging in the creation and trading of equity derivative products. Finally, the Investment segment strategically allocates capital into various investment funds, both listed and unlisted debt and equities, and private equity ventures. Founded in 1973 and based in Central, Hong Kong, the company was formerly known as Taifook Securities Group Limited, changing its name to Haitong International Securities Group Limited in November 2010. It operates as a subsidiary under Haitong International Holdings Limited.
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