Haitong Securities Past Earnings Performance
Past criteria checks 0/6
Haitong Securities's earnings have been declining at an average annual rate of -6.4%, while the Capital Markets industry saw earnings growing at 10.9% annually. Revenues have been declining at an average rate of 0.7% per year.
Key information
-6.4%
Earnings growth rate
-9.3%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -0.7% |
| Return on equity | -0.2% |
| Net Margin | 5.0% |
| Next Earnings Update | 26 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Haitong Securities makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 20,323 | 1,008 | 446 | 0 |
| 30 Sep 23 | 27,684 | 4,832 | 6,288 | 0 |
| 30 Jun 23 | 29,585 | 5,617 | 6,340 | 0 |
| 31 Mar 23 | 29,588 | 7,479 | 6,288 | 0 |
| 31 Dec 22 | 23,585 | 6,545 | 397 | 0 |
| 30 Sep 22 | 27,542 | 7,076 | 9,341 | 0 |
| 30 Jun 22 | 31,313 | 9,414 | 9,331 | 0 |
| 31 Mar 22 | 35,086 | 10,709 | 9,341 | 0 |
| 31 Dec 21 | 41,937 | 12,827 | 9,341 | 0 |
| 30 Sep 21 | 45,495 | 14,200 | 7,888 | 0 |
| 30 Jun 21 | 43,883 | 13,562 | 7,902 | 0 |
| 31 Mar 21 | 41,475 | 12,210 | 7,888 | 0 |
| 31 Dec 20 | 36,830 | 10,875 | 7,888 | 0 |
| 30 Sep 20 | 32,909 | 10,640 | 261 | 0 |
| 30 Jun 20 | 30,669 | 9,480 | 391 | 0 |
| 31 Mar 20 | 28,308 | 8,036 | 261 | 0 |
| 31 Dec 19 | 32,492 | 9,523 | 261 | 0 |
| 30 Sep 19 | 31,058 | 9,009 | -6,246 | 0 |
| 30 Jun 19 | 28,669 | 7,707 | -3,997 | 0 |
| 31 Mar 19 | 26,487 | 7,249 | 73 | 0 |
| 31 Dec 18 | 22,234 | 5,211 | 73 | 0 |
| 30 Sep 18 | 22,851 | 6,061 | 78 | 0 |
| 30 Jun 18 | 24,767 | 7,626 | -143 | 0 |
| 31 Mar 18 | 26,619 | 8,110 | -1,510 | 0 |
| 31 Dec 17 | 27,560 | 8,618 | 759 | 0 |
| 30 Sep 17 | 26,530 | 7,824 | 640 | 0 |
| 30 Jun 17 | 27,839 | 7,803 | 1,021 | 0 |
| 31 Mar 17 | 28,164 | 8,529 | 819 | 0 |
| 31 Dec 16 | 27,009 | 8,043 | 448 | 0 |
| 30 Sep 16 | 30,524 | 11,138 | -437 | 0 |
| 30 Jun 16 | 27,654 | 9,948 | -627 | 0 |
| 31 Mar 16 | 34,489 | 13,491 | 599 | 0 |
| 31 Dec 15 | 37,133 | 15,839 | 363 | 0 |
| 30 Sep 15 | 33,042 | 13,826 | 3,937 | 0 |
| 30 Jun 15 | 32,642 | 14,988 | 3,137 | 0 |
| 31 Mar 15 | 22,625 | 10,602 | 748 | 0 |
| 31 Dec 14 | 17,658 | 7,711 | 316 | 0 |
| 30 Sep 14 | 13,411 | 5,293 | 1,154 | 0 |
| 30 Jun 14 | 11,513 | 4,241 | 914 | 0 |
| 31 Mar 14 | 10,631 | 3,809 | 561 | 0 |
| 31 Dec 13 | 10,507 | 4,035 | 265 | 0 |
| 30 Sep 13 | 10,570 | 4,289 | 435 | 0 |
| 30 Jun 13 | 9,770 | 3,684 | 2,061 | 0 |
Quality Earnings: 600837 has a large one-off gain of CN¥551.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 600837's current net profit margins (5%) are lower than last year (27.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600837's earnings have declined by 6.4% per year over the past 5 years.
Accelerating Growth: 600837's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600837 had negative earnings growth (-84.6%) over the past year, making it difficult to compare to the Capital Markets industry average (0.4%).
Return on Equity
High ROE: 600837's Return on Equity (-0.2%) is considered low.