Balance Sheet Sealand Securities Co., Ltd.

Stocks

000750

CNE0000008K4

Investment Banking & Brokerage Services

End-of-day quote Shenzhen S.E. Other stock markets 11/06/2026			5-day change	1st Jan Change
3.440 ^CNY	-3.10%		-6.27%	-18.87%

06-08	Sealand Securities Co., Ltd. Proposes Cash Dividend for 2025	CI
05-21	Zhejiang Ruijiu Equity Investment Co., Ltd. acquired an additional 5% stake in Shenzhen Chipscreen Biosciences Co., Ltd. from Shenzhen Haiyuemen Biotechnology Development Co., Ltd., and Shenzhen Haide Xincheng Enterprise Management Partnership Enterprise (Limited Partnership) for approximately CNY 570 million.	CI

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Published financial data: SEALAND SECURITIES CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	2.7B	2.03B	2.18B	2.02B	1.89B
Interest Expense, Total	1.2B	1.05B	1.05B	664M	478M
Net Interest Income	1.5B	988M	1.13B	1.35B	1.41B
Gain (Loss) on Sale of Investments, Total (Rev)	357M	-323M	-51.61M	105M	-102M
Other Revenues, Total	3.29B	2.92B	3.08B	2.73B	2.14B
Revenues Before Provison For Loan Losses	5.15B	3.59B	4.16B	4.19B	3.45B
Provision For Loan Losses	1.34M	-8.1M	429K	22.08M	9.53M
Total Revenues	5.15B	3.59B	4.16B	4.17B	3.44B
Cost of Services Provided, Total	2.58B	2.18B	2.3B	2.31B	2.32B
Provision for Bad Debts	7.51M	-1.18M	-237K	1.12M	-2.74M
Other Operating Expenses	982M	927M	1.31B	1.04B	48.89M
Total Operating Expenses	3.57B	3.1B	3.61B	3.36B	2.36B
Operating Income	1.58B	491M	550M	812M	1.07B
Currency Exchange Gains (Loss)	-1.44M	1.05M	192K	255K	-345K
Other Non Operating Income (Expenses)	6.8M	7.36M	7.59M	5.17M	3.95M
EBT, Excl. Unusual Items	1.59B	499M	557M	817M	1.08B
Gain (Loss) on Sale of Investments	-413M	-9.35M	16.65M	-114M	129M
Gain (Loss) on Sale of Assets	-2.01M	-874K	-1.6M	-482K	-296K
Asset Writedown	-90.16K	-	-278K	-56.47K	334K
Legal Settlements	-30.25M	-61.74M	-74.58M	-75.43M	-116M
Other Unusual Items	4.65M	20.14M	17.91M	21.68M	1.75M
EBT, Incl. Unusual Items	1.15B	447M	515M	649M	1.09B
Income Tax Expense	241M	70.54M	95.24M	138M	243M
Earnings From Continuing Operations	907M	377M	420M	511M	850M
Net Income to Company	907M	377M	420M	511M	850M
Minority Interest	-142M	-128M	-93.24M	-82.94M	-80.53M
Net Income - (IS)	765M	249M	327M	428M	769M
Net Income to Common Incl Extra Items	765M	249M	327M	428M	769M
Net Income to Common Excl. Extra Items	765M	249M	327M	428M	769M
Per Share Items
Net EPS - Basic	0.14	0.05	0.06	0.07	0.12
Basic EPS - Continuing Operations	0.14	0.05	0.06	0.07	0.12
Basic Weighted Average Shares Outstanding	5.44B	5.44B	5.6B	6.39B	6.39B
Net EPS - Diluted	0.14	0.05	0.06	0.07	0.12
Diluted EPS - Continuing Operations	0.14	0.05	0.06	0.07	0.12
Diluted Weighted Average Shares Outstanding	5.44B	5.44B	5.6B	6.39B	6.39B
Normalized Basic EPS	0.16	0.03	0.05	0.07	0.09
Normalized Diluted EPS	0.16	0.03	0.05	0.07	0.09
Dividend Per Share	0.04	0.04	0.04	0.04	0.04
Payout Ratio	157.56	263	236.12	139.82	73.51
Supplemental Items
Total Revenues (As Reported)	-	-	4.19B	4.22B	-
Effective Tax Rate - (Ratio)	20.96	15.77	18.48	21.19	22.23
Total Current Taxes	331M	147M	77.89M	76.73M	377M
Total Deferred Taxes	-90.82M	-76.67M	17.35M	60.78M	-135M
Normalized Net Income	850M	184M	255M	428M	593M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	6.52B	11.46B	9.29B	6.48B	4.68B
Cash & Securities Segregated	13.53B	12.71B	10.01B	14.71B	21.69B
Securities Purchased Under Agreements To Resell	3.65B	3.23B	3.13B	1.93B	1.27B
Accounts Receivable, Total	9.39B	7.39B	8.09B	9.94B	12.41B
Other Receivables	154M	199M	157M	191M	247M
Gross Property Plant And Equipment	1.97B	2.03B	1.65B	1.62B	1.63B
Accumulated Depreciation	-415M	-498M	-541M	-621M	-650M
Net Property Plant And Equipment	1.56B	1.53B	1.11B	1B	977M
Goodwill	22.08M	22.08M	22.08M	22.08M	22.08M
Other Intangibles, Total	153M	187M	210M	187M	166M
Investment In Debt and Equity Securities	2.39B	942M	1.23B	2.14B	3.05B
Trading Asset Securities, Total	12.72B	11.03B	10.01B	11.26B	11.91B
Other Current Assets, Total	13.97B	19.47B	17.1B	9.49B	9.9B
Deferred Tax Assets Long-Term (Collected)	569M	647M	612M	525M	677M
Deferred Charges Long-Term	26.84M	23.52M	26.92M	23.02M	17.27M
Other Long-Term Assets, Total	11.22B	5.01B	8.73B	1.69B	1.87B
Total Assets	75.87B	73.84B	69.74B	59.59B	68.89B
Liabilities
Accrued Expenses, Total	19.11B	17.82B	15.64B	19.94B	27.74B
Short-Term Borrowings	5.04B	287M	526M	386M	2.91B
Current Portion of Long-Term Debt	20.83B	13.42B	15.38B	10.19B	6.77B
Current Portion of Leases	63.87M	72.33M	70.43M	51.62M	49.3M
Long-Term Debt	7.31B	18.45B	13.74B	4.68B	6.33B
Long-Term Leases	103M	116M	88.03M	75.5M	95.72M
Current Income Taxes Payable	20.18M	18.25M	4.22M	33.41M	58.45M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	3.36B	3.19B	528M	313M	355M
Unearned Revenue Non Current	11.12M	9.88M	18.67M	17.41M	28.14M
Pension & Other Post Retirement Benefits	4.8M	8.59M	7.2M	8.32M	6.9M
Deferred Tax Liability Non-Current	75.6M	71.57M	65.07M	44.37M	44.97M
Other Non Current Liabilities	723M	1.04B	954M	918M	1.06B
Total Liabilities	56.65B	54.5B	47.02B	36.66B	45.45B
Common Stock, Total	5.44B	5.44B	6.39B	6.39B	6.39B
Additional Paid In Capital	8.99B	8.99B	11.23B	11.23B	11.23B
Retained Earnings	4.11B	4.17B	4.31B	4.44B	4.94B
Comprehensive Income and Other	18.01M	1.36M	36.42M	53.84M	1.44M
Total Common Equity	18.57B	18.61B	21.96B	22.11B	22.56B
Minority Interest	653M	729M	762M	820M	880M
Total Equity	19.22B	19.34B	22.72B	22.93B	23.44B
Total Liabilities And Equity	75.87B	73.84B	69.74B	59.59B	68.89B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.44B	5.44B	6.39B	6.39B	6.39B
ECS Total Common Shares Outstanding	5.44B	5.44B	6.39B	6.39B	6.39B
Book Value / Share	3.41	3.42	3.44	3.46	3.53
Tangible Book Value	18.39B	18.4B	21.72B	21.9B	22.37B
Tangible Book Value Per Share	3.38	3.38	3.4	3.43	3.5
Total Debt	33.34B	32.35B	29.8B	15.39B	16.16B
Net Debt	-3.07B	-6.07B	-2.63B	-18.99B	-23.38B
Equity Method Investments, Total	393M	349M	562M	614M	803M
Full Time Employees	3.9K	4.09K	3.69K	3.39K	3.36K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	765M	249M	327M	428M	769M
Depreciation, Depletion & Amortization	148M	153M	159M	160M	142M
Amortization of Goodwill and Intangible Assets - (CF)	50K	50K	50K	16.67K	-
Total Depreciation, Depletion & Amortization	148M	153M	159M	160M	142M
Amortization of Deferred Charges, Total	72.58M	73.9M	85.94M	87.76M	84.82M
(Gain) Loss On Sale of Asset - (CF)	-245K	-13.56K	-89.37K	-490K	-102K
(Gain) Loss on Sale of Investments - (CF)	-314M	92.83M	-253M	-130M	-250M
Total Asset Writedown	39.66M	-58.55M	53.03M	1.49M	-81.92M
Provision for Credit Losses	1.34M	-8.1M	429K	22.08M	9.53M
Provision and Write-off of Bad Debts	7.51M	-1.18M	-237K	1.12M	-2.74M
Change in Trading Asset Securities	-665M	-3.5B	3.5B	5.71B	-859M
Change in Accounts Receivable	-2.17B	1.96B	-325M	119M	-2.59B
Change in Accounts Payable	2.39B	-2.02B	-3.7B	-9.08B	6.87B
Change In Deferred Taxes	-90.82M	-76.67M	17.35M	60.78M	-135M
Other Operating Activities	870M	608M	572M	369M	303M
Cash from Operations	1.06B	-2.53B	436M	-2.24B	4.27B
Capital Expenditure	-247M	-187M	-180M	-101M	-92.64M
Sale of Property, Plant, and Equipment	231K	137K	797K	92.57K	48.38K
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	4.76B	7.64B	-3.47B	6.09B	-1.13B
Other Investing Activities, Total	271M	364M	223M	135M	209M
Cash from Investing	4.78B	7.82B	-3.42B	6.12B	-1.02B
Long-Term Debt Issued, Total	7.6B	5.94B	5.33B	915M	9.77B
Total Debt Issued	7.6B	5.94B	5.33B	915M	9.77B
Long-Term Debt Repaid, Total	-7.41B	-6.02B	-9.03B	-2.14B	-7.83B
Total Debt Repaid	-7.41B	-6.02B	-9.03B	-2.14B	-7.83B
Issuance of Common Stock	-	-	3.18B	-	-
Common Dividends Paid	-1.2B	-656M	-772M	-599M	-565M
Common & Preferred Stock Dividends Paid	-1.2B	-656M	-772M	-599M	-565M
Other Financing Activities, Total	-45.35M	-53.25M	-61.92M	-25.14M	-25.22M
Cash from Financing	-1.06B	-789M	-1.35B	-1.85B	1.35B
Foreign Exchange Rate Adjustments	-1.47M	1.06M	192K	255K	-345K
Net Change in Cash	4.78B	4.51B	-4.33B	2.03B	4.6B
Supplemental Items
Cash Interest Paid	839M	717M	757M	829M	751M
Cash Income Tax Paid (Refund)	564M	322M	291M	211M	541M
Net Debt Issued / Repaid	193M	-80.58M	-3.69B	-1.23B	1.94B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.22	0.5	0.59	0.79	1.32
Return On Equity %	4.74	1.95	2	2.24	3.67
Return on Common Equity	4.13	1.34	1.61	1.94	3.44
Margin Analysis
Gross Profit Margin %	50.76	40.38	45.61	45.3	33.87
SG&A Margin	0.79	0.98	0.97	0.77	1.29
Income From Continuing Operations Margin %	17.62	10.48	10.09	12.27	24.72
Net Income Margin %	14.85	6.93	7.85	10.28	22.37
Net Avail. For Common Margin %	14.85	6.93	7.85	10.28	22.37
Normalized Net Income Margin	16.51	5.13	6.13	10.26	17.25
Asset Turnover
Asset Turnover	0.07	0.05	0.06	0.06	0.05
Short Term Liquidity
Current Ratio	1.24	1.88	1.8	1.75	1.64
Quick Ratio	0.95	1.32	1.27	1.44	1.38
Operating Cash Flow to Current Liabilities	0.02	-0.07	0.01	-0.07	0.11
Long Term Solvency
Total Debt/Equity	173.5	167.29	131.18	67.11	68.95
Total Debt / Total Capital	63.44	62.59	56.74	40.16	40.81
LT Debt/Equity	38.55	96.02	60.85	20.74	27.43
Long-Term Debt / Total Capital	14.1	35.92	26.32	12.41	16.24
Total Liabilities / Total Assets	74.67	73.81	67.42	61.52	65.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	15.64	-30.18	15.8	0.11	8.39
Gross Profit, 1 Yr. Growth %	11.79	-44.46	31.05	-0.57	30.49
Earnings From Cont. Operations, 1 Yr. Growth %	12.05	-58.46	11.52	21.68	66.19
Net Income, 1 Yr. Growth %	5.41	-67.4	31.18	31.02	79.57
Normalized Net Income, 1 Yr. Growth %	-6.54	-78.31	38.31	67.66	38.64
Diluted EPS Before Extra, 1 Yr. Growth %	7.69	-67.3	27.5	14.92	78.89
Common Equity, 1 Yr. Growth %	0.46	0.23	18	0.69	2.03
Total Assets, 1 Yr. Growth %	4.57	-2.67	-5.56	-14.55	15.6
Tangible Book Value, 1 Yr. Growth %	0.37	0.04	18.08	0.81	2.14
Cash From Operations, 1 Yr. Growth %	-137.01	-339.12	-117.26	-614.42	-290.21
Capital Expenditures, 1 Yr. Growth %	-83.01	-24.31	-3.68	-44.07	-8.07
Dividend Per Share, 1 Yr. Growth %	-70.83	0	14.29	-10	16.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	20.62	-10.14	-10.08	7.67	-9.12
Gross Profit, 2 Yr. CAGR %	20.24	-21.2	-14.76	14.15	-21.69
Earnings From Cont. Operations, 2 Yr. CAGR %	29.14	-31.78	-31.94	16.49	42.21
Net Income, 2 Yr. CAGR %	25.21	-41.38	-34.61	31.1	53.38
Normalized Net Income, 2 Yr. CAGR %	14.83	-54.97	-45.22	52.28	52.46
Diluted EPS Before Extra, 2 Yr. CAGR %	15.08	-40.66	-35.43	21.05	43.38
Common Equity, 2 Yr. CAGR %	15.12	0.34	8.75	9	1.36
Total Assets, 2 Yr. CAGR %	6.97	0.88	-4.13	-10.17	-0.61
Tangible Book Value, 2 Yr. CAGR %	15.2	0.2	8.69	9.1	1.47
Cash From Operations, 2 Yr. CAGR %	-47.4	-5.92	-35.75	-5.76	212.81
Capital Expenditures, 2 Yr. CAGR %	52.48	-64.14	-14.62	-26.6	-28.3
Dividend Per Share, 2 Yr. CAGR %	0	-45.99	6.9	1.42	2.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	35.16	0.53	-2.22	-6.8	-1.48
Gross Profit, 3 Yr. CAGR %	59.63	-7.05	-6.7	-10.27	-7.02
Earnings From Cont. Operations, 3 Yr. CAGR %	100.9	-11.52	-19.63	-17.39	31.14
Net Income, 3 Yr. CAGR %	118.65	-20.05	-23.33	-17.56	45.59
Normalized Net Income, 3 Yr. CAGR %	86.4	-34.11	-34.55	-20.47	47.59
Diluted EPS Before Extra, 3 Yr. CAGR %	100.57	-24.34	-23.43	-21.75	37.88
Common Equity, 3 Yr. CAGR %	11	9.92	5.91	6	6.63
Total Assets, 3 Yr. CAGR %	6.3	3.65	-1.31	-7.73	-2.29
Tangible Book Value, 3 Yr. CAGR %	11.04	9.91	5.84	5.99	6.73
Cash From Operations, 3 Yr. CAGR %	-10.95	-12.87	-46.54	28.54	19.1
Capital Expenditures, 3 Yr. CAGR %	32.86	20.73	-50.15	-25.85	-20.88
Dividend Per Share, 3 Yr. CAGR %	20.51	0	-30.66	0.94	6.27
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.03	6.73	14.83	3.32	-5.04
Gross Profit, 5 Yr. CAGR %	8.18	10.34	24.2	0.88	-13.01
Earnings From Cont. Operations, 5 Yr. CAGR %	-3.17	-2.65	30.3	-1.23	0.97
Net Income, 5 Yr. CAGR %	-5.52	-7.88	34.92	-2.56	1.18
Normalized Net Income, 5 Yr. CAGR %	0.06	-9.5	14.21	-7.88	-8.21
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.22	-12.48	27.46	-8.7	-1.59
Common Equity, 5 Yr. CAGR %	6.18	6.23	10.1	9.55	4.07
Total Assets, 5 Yr. CAGR %	2.23	2.27	2	-2.11	-1.03
Tangible Book Value, 5 Yr. CAGR %	6.14	6.18	10.09	9.59	4.07
Cash From Operations, 5 Yr. CAGR %	-27.49	-14.71	-21.85	-10.09	8.38
Capital Expenditures, 5 Yr. CAGR %	14.58	9.98	11.32	-1.06	-42.35
Dividend Per Share, 5 Yr. CAGR %	-18.94	-10.22	14.87	0.56	-18.94