---
title: "Huatai Securities Co., Ltd. (601688.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/601688.SH.md"
symbol: "601688.SH"
name: "Huatai Securities Co., Ltd."
industry: "Investment Banking and Brokerage"
datetime: "2026-05-19T23:07:44.713Z"
locales:
  - [en](https://longbridge.com/en/quote/601688.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601688.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601688.SH.md)
---

# Huatai Securities Co., Ltd. (601688.SH)

## Company Overview

Huatai Securities Co., Ltd., together with its subsidiaries, provides securities and financial services for individual, enterprise, and institutional clients in Mainland China and internationally. It operates through Wealth Management, Institutional Services, Investment Management, International Business, and Other segments. The company offers wealth management services, including securities, futures, and options brokerage, financial products sales, fund investment advisory, and capital-based intermediary services; asset allocation; and margin financing, securities lending, securities-backed lending, and stock pledged repurchase services, as well as trades in stocks, funds, and bonds on behalf of clients. It also provides investment banking services comprising domestic and overseas equity financing, bond financing, and financial advisory; prime brokerage services, such as asset custody and fund services; research and institutional sales; equity securities and fixed income investments and transactions; and over-the-counter financial products and transactions services.

| Item | Detail |
|------|--------|
| Industry | Investment Banking and Brokerage |
| Exchange | CN Market |
| Website | [www.htsc.com.cn](https://www.htsc.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:10.000Z

**Overall: C (0.51)**

**Industry**: Investment Banking and Brokerage

| Metric | Value |
|--------|-------|
| Industry Ranking | 4 / 54 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 16.99% |  |
| Net Profit YoY | 4.75% |  |
| P/B Ratio | 0.93 |  |
| Dividend Ratio | 2.83% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 165665140678.88 |  |
| Revenue | 39457887570.11 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.24% | B |
| Profit Margin | 44.41% | A |
| Gross Margin | 60.34% | A |
| Revenue YoY | 16.99% | B |
| Net Profit YoY | 4.75% | C |
| Total Assets YoY | 48.85% | A |
| Net Assets YoY | 8.27% | B |
| Cash Flow Margin | 203.79% | B |
| OCF YoY | 16.99% | B |
| Turnover | 0.04 | E |
| Gearing Ratio | 82.74% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Huatai Securities Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "16.99%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "4.75%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.93",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.83%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "165665140678.88",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "39457887570.11",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.24%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "44.41%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "60.34%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "16.99%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "4.75%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "48.85%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "8.27%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "203.79%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "16.99%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.04",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "82.74%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 9.62 | 1/54 | 12.87 | 11.17 | 9.85 |
| PB | 0.95 | 11/54 | 1.19 | 1.10 | 0.97 |
| PS (TTM) | 4.34 | 11/54 | 4.61 | 4.35 | 3.90 |
| Dividend Yield | 2.78% | 5/54 | 2.93% | 2.55% | 2.24% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | CITIC Securities Co., Ltd. (600030.SH) | A | A | E | E | A | C |
| 02 | Guotai Haitong (601211.SH) | B | A | E | E | A | C |
| 03 | CSC (601066.SH) | B | A | E | E | A | C |
| 04 | HTSC (601688.SH) | B | B | E | E | B | C |
| 05 | CICC (601995.SH) | B | A | E | E | A | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-05T16:00:00.000Z

Total Analysts: **13**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 8 | 62% |
| Overweight | 4 | 31% |
| Hold | 1 | 8% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 18.70 |
| Highest Target | 33.80 |
| Lowest Target | 22.50 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/601688.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/601688.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/601688.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/601688.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**