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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: 18.96 CNY -0.05% Market Closed
Market Cap: ¥171.1B

EV/EBIT

21.1
Current
2%
More Expensive
vs 3-y average of 20.7

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
21.1
=
Enterprise Value
¥394B
/
EBIT
¥19B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
21.1
=
Enterprise Value
¥394B
/
EBIT
¥19B

Valuation Scenarios

Huatai Securities Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (20.7), the stock would be worth ¥18.64 (2% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-3%
Maximum Upside
+40%
Average Upside
18%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 21.1 ¥18.96
0%
3-Year Average 20.7 ¥18.64
-2%
5-Year Average 20.4 ¥18.34
-3%
Industry Average 29.5 ¥26.56
+40%
Country Average 28.9 ¥26.02
+37%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥394B
/
Jan 2026
¥19B
=
21.1
Current
¥394B
/
Dec 2026
¥21.3B
=
18.5
Forward
¥394B
/
Dec 2027
¥23.3B
=
16.9
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
39th
Based on 5 337 companies
39th percentile
21.1
Low
0 — 16.6
Typical Range
16.6 — 52.9
High
52.9 —
Distribution Statistics
China
Min 0
30th Percentile 16.6
Median 28.9
70th Percentile 52.9
Max 49 021

Huatai Securities Co Ltd
Glance View

Market Cap
171.1B 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
38.29 CNY
Undervaluation 50%
Intrinsic Value
Price ¥18.96
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