Huatai Securities Co Ltd Npv · SSE:508059
Huatai Securities Co Ltd Npv — Huatai Securities — H1 2021 Earnings Presentation
25 slides from Huatai Securities Co Ltd Npv's earnings presentation, August 2021
Slide 1: 2021 Interim Results Presentation
2021 Interim Results Presentation August 2021 (A joint stock company incorporated in the PRC with limited liability under the Chinese corporate name 华泰证券股份有限公司 and carrying on business in Hong Kong as HTSC)
Slide 2: Agenda
Agenda 2 1 Company 概要 overview 2 2 Financial overview 2 3 Business overview 2 4 Development strategy 1
Slide 3: Agenda
Agenda Company overview Financial overview Business overview Development strategy 2
Slide 4: Market Environment
Market Environment Amidst accelerated economic recovery and further liberation of Chinese capital market in 1H2021, A-share market has experienced fluctuations and witnessed increasing MFSL activities and expanding mutual fund scale. The steady implementation of registration-based reform propelled d
Slide 5: Performance Overview
Performance Overview Significant improvement in profitability, expansion of total assets, and optimization of revenue structure Total assets and net assets Net profit (RMBbn) (RMBmm) 790 7,770 717 6,405 132 136 2020 1H21 1H20 1H21 总资产 净资产 ROAA and ROAE1 1H21 revenue breakdown ROAA ROAE International
Slide 6: Business Highlights
Business Highlights Strengthening leadership Pursuing breakthrough Brokerage trading volume of stocks and funds Number of clients >18.92mm, total client assets >RMB18tn >RMB5.2tn Ranked #1 by ZhangLe Fortune Path in Average monthly scale of private asset under terms of MAU among PRC securities firms
Slide 7: Agenda
Agenda Overview Company overview Financial overview Business overview Development strategy 6
Slide 8: Profitability Continues to Improve
Profitability Continues to Improve Total revenue Cost-to-income ratio (RMBmm) 24,616 18,972 69.1% 65.7% 1H20 1H21 1H20 1H21 Earnings per share Operating profit and net profit (RMB) (RMBmm) 0.86 8,453 0.71 7,770 6,405 5,858 1H20 1H21 1H20 1H21 Operating profit Net profit Source: Company data, financi
Slide 9: Robust Growth across Business Lines
Robust Growth across Business Lines Wealth management revenue Institutional services revenue (RMBmm) (RMBmm) 11,401 6,506 4,520 8,265 1H20 1H21 1H20 1H21 Investment management revenue International business revenue (RMBmm) (RMBmm) 3,541 2,666 2,717 2,504 1H20 1H21 1H20 1H21 Source: Company data, fin
Slide 10: Steady Assets Growth and Continuous Optimization of Assets Structure
Steady Assets Growth and Continuous Optimization of Assets Structure Significant growth in margin accounts receivable while Asset size continues to grow stock pledged repurchase balance remained low (RMBmm) (RMBmm) 134,111 790,111 108,227 716,751 26.4% Margin accounts 208,899 128,178 95.6% receivabl
Slide 11: Increased Financial Leverage and Strong Liquidity
Increased Financial Leverage and Strong Liquidity Increase in customer funds and interest-bearing liabilities Strong liquidity (RMBmm) 2.9% 136,192 184% 132,312 142% 132% Net assets 100% 2020 1H21 Current ratio Liquidity coverage Net stable ratio funding ratio 653,919 Optimizing structure of interes
Slide 12: Agenda
Agenda Company overview Financial overview Business overview Development strategy 11
Slide 13: Operation-focused Structure of Wealth Management Services to Promote Quality-driven Development
Operation-focused Structure of Wealth Management Services to Promote Quality-driven Development ZhangLe Fortune Path ZhangLe Global Mobile A wealth management platform connecting Digital-enabled global markets for global Chinese 8,458k Intelligent operation 102k 675k Monthly active Ranked No.1 among
Slide 14: Wealth Management Services (cont'd)
Operation-focused Structure of Wealth Management Services to Promote Quality-driven Development (cont’d) Driven by professional, intelligent and integrated financial service capabilities, brokerage trading volume of stocks and funds maintained No.1 in the industry with significant expansion in custo
Slide 15: Best-in-class Investment Banking Service Ecosystem
Best-in-class Investment Banking Service Ecosystem Continued to provide customers with integrated and professional onshore and offshore services, enhance footprint in the industry and precisely capture customer needs by relying on in-depth understanding of the industry and insightful research of mar
Slide 16: Best-in-class Investment Banking Service Ecosystem (cont'd)
Best-in-class Investment Banking Service Ecosystem (cont’d) Committed to providing professional services with an international perspective for Chinese companies seeking to list and finance overseas. Aimed to lead benchmark transactions in the refinancing market, help companies expand business levera
Slide 17: Platform-based Systematic Capabilities for Institutional Services
Platform-based Systematic Capabilities for Institutional Services Intelligent operation empowered by digital platforms including INCOS. Scale of fund custody and administration continued to improve and sub- position transactions for mutual funds steadily increased, with accelerated development of re
Slide 18: Digital-enabled Operation and Ecosystem in Investment Management Business
Digital-enabled Operation and Ecosystem in Investment Management Business As business reform in accordance with the new asset management rules continued evolving in 1H21, Investment Management business, relying on full business chain advantages, actively cultivated sustainable and high-quality busin
Slide 19: Rising Competitiveness and Influence in International Business
Rising Competitiveness and Influence in International Business Huatai International, as Group’s international platform based in HK and radiating globally, is fully integrated into the Group’s business network. Committed to its securities core business, Huatai Financial maintained high-speed growth b
Slide 20: Rising Competitiveness and Influence in International Business (cont'd)
Rising Competitiveness and Influence in International Business (cont’d) AssetMark continued to deepen its partnership with investment advisors and empower clients with cutting-edge technology, driving assets and client base to grow continuously. Huatai Securities (USA) further optimized its system a
Slide 21: Digital Transformation Focused on Core Financial Services Capabilities
Digital Transformation Focused on Core Financial Services Capabilities Returning to financial services origin enabled by technology and based on financial use cases and business insights, Huatai further promoted business development and digital and intelligent operations to rapidly expand investment
Slide 22: Integrated Cross-border Risk Management System
Integrated Cross-border Risk Management System to Ensure The Risks are Measurable, Controllable and Affordable Adhere to the risk management concept of full staff, coverage and penetration, committed to building a technology-empowered onshore and offshore integrated risk management system to improve
Slide 23: Agenda
Agenda Company overview Financial overview Business overview Development strategy 22
Slide 24: Development Strategy for 2021
Development Strategy for 2021 Further promote the technology-empowered “two-pronged” development strategy of wealth management and institutional services Further breakthrough in wealth management business Further upgrade in institutional service business Fully transform to customer operation and ass
Slide 25: Disclaimer
Disclaimer This document is not for public dissemination and is for the exclusive use and information only of the persons to whom it is addressed and their advisers in connection with HTSC (a joint stock company incorporated in the People’s Republic of China with limited liability under the Chinese