Hengtai Securities Co., Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'25

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Net Sales

3,763.08

2,921.98

2,691.00

3,138.07

4,550.21

4,089.97

4,287.66

Other Operating Income

0.00

Total Operating income

3,763.08

2,921.98

2,691.00

3,138.07

4,550.21

4,089.97

4,287.66

Raw Material Cost

412.46

291.28

269.45

337.58

450.40

401.29

364.60

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,382.15

1,079.47

1,144.83

1,247.10

1,424.49

1,344.39

1,236.79

Power Cost

0.00

Manufacturing Expenses

309.80

344.97

387.74

449.35

555.80

353.87

367.48

Selling and Distribution Expenses

397.77

346.88

363.23

1,371.69

1,107.83

521.68

546.04

Other Expenses

59.04

20.81

-0.16

133.52

15.12

33.19

15.45

Total Expenditure (Excl Depreciation)

3,092.58

2,270.75

2,163.70

4,740.89

3,689.78

2,953.13

2,669.36

Operating Profit (PBDIT) excl Other Income

670.5

651.2

527.3

-1602.8

860.4000000000001

1136.8000000000002

1618.3000000000002

Other Income

4.78

10.60

16.31

11.37

30.82

24.09

18.56

Operating Profit (PBDIT)

868.66

875.18

789.06

-1,341.64

1,144.64

1,378.06

1,828.44

Interest

309.80

344.97

387.74

449.35

555.80

353.87

367.48

Exceptional Items

-132.42

-160.23

-137.46

-294.70

118.12

-134.50

-166.89

Gross Profit (PBDT)

3,157.24

2,417.36

2,176.10

2,550.67

3,846.42

3,471.55

3,731.47

Depreciation

193.38

213.34

245.45

249.81

253.39

217.12

191.59

Profit Before Tax

233.05

156.64

18.41

-2,335.50

453.57

672.57

1,102.49

Tax

49.84

77.48

4.97

-589.30

108.11

130.55

240.51

Provisions and contingencies

0.00

Profit After Tax

352.41

191.13

70.88

-1,495.89

336.55

532.73

839.71

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

352.41

191.13

70.88

-1,495.89

336.55

532.73

839.71

Share in Profit of Associates

0.00

Minority Interest

-169.20

-111.97

-57.44

-250.31

8.90

9.29

25.30

Other related items

0.00

Consolidated Net Profit

183.21

79.16

13.44

-1,746.20

345.46

542.02

865.00

Equity Capital

0.00

Face Value

1.11

1.06

1.1

1.12

1.22

1.19

1.12

Reserves

9,575.86

8,828.21

8,866.85

8,978.69

11,399.54

10,707.79

9,703.76

Earnings per share (EPS)

0.14

0.07

0.03

-0.57

0.13

0.18

0.28

Diluted Earnings per share

0.14

0.07

0.03

-0.57

0.13

0.18

0.28

Operating Profit Margin (Excl OI)

17.82%

22.29%

19.59%

-51.08%

18.91%

27.8%

37.74%

Gross Profit Margin

11.33%

12.66%

9.81%

-66.46%

15.54%

21.75%

30.18%

PAT Margin

9.36%

6.54%

2.63%

-47.67%

7.4%

13.03%

19.58%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2025 is 28.79% vs 8.58% in Dec 2024

Consolidate Net Profit

YoY Growth in year ended Dec 2025 is 131.31% vs 491.04% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2025 is -0.08% vs 11.89% in Dec 2024

Interest

YoY Growth in year ended Dec 2025 is -10.20% vs -11.01% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2025 has fallen from Dec 2024

Compare Annual Results Of Hengtai Securities Co., Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

3,763.08

70.11

3,692.97

5,267.39%

Other Operating Income

0.00

Total Operating income

3,763.08

70.11

3,692.97

5,267.39%

Raw Material Cost

412.46

0.00

412.46

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,382.15

26.53

1,355.62

5,109.76%

Power Cost

0.00

Manufacturing Expenses

309.80

5.96

303.84

5,097.99%

Selling and Distribution Expenses

397.77

73.68

324.09

439.86%

Other Expenses

59.04

0.01

59.03

590,300.00%

Total Expenditure (Excl Depreciation)

3,092.58

106.23

2,986.35

2,811.21%

Operating Profit (PBDIT) excl Other Income

670.49

-36.12

706.61

1,956.28%

Other Income

4.78

0.00

4.78

Operating Profit (PBDIT)

868.66

-30.11

898.77

2,984.96%

Interest

309.80

5.96

303.84

5,097.99%

Exceptional Items

-132.42

-1.40

-131.02

-9,358.57%

Gross Profit (PBDT)

3,157.24

64.09

3,093.15

4,826.26%

Depreciation

193.38

6.02

187.36

3,112.29%

Profit Before Tax

233.05

-43.48

276.53

635.99%

Tax

49.84

0.00

49.84

Provisions and contingencies

0.00

Profit After Tax

352.41

-51.83

404.24

779.93%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

352.41

-51.83

404.24

779.93%

Share in Profit of Associates

0.00

Minority Interest

-169.20

-0.21

-168.99

-80,471.43%

Other related items

0.00

Consolidated Net Profit

183.21

-52.03

235.24

452.12%

Equity Capital

0.00

Face Value

1.11

0.01

0.00

Reserves

9,575.86

-184.26

9,760.12

5,296.93%

Earnings per share (EPS)

0.14

-0.05

0.19

380.00%

Diluted Earnings per share

0.14

-0.05

0.19

380.00%

Operating Profit Margin (Excl OI)

17.82%

-51.53%

0.00

69.35%

Gross Profit Margin

11.33%

-53.44%

0.00

64.77%

PAT Margin

9.36%

-73.92%

0.00

83.28%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 376.31 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 28.79% vs 8.58% in Dec 2024

Annual - Consolidate Net Profit

Consolidate Net Profit 18.32 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 131.31% vs 491.04% in Dec 2024

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 86.39 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is -0.08% vs 11.89% in Dec 2024

Annual - Interest

Interest 30.98 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is -10.20% vs -11.01% in Dec 2024

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 17.82%

in Dec 2025

Figures in %

YoY Growth in year ended Dec 2025 has fallen from Dec 2024