FRA:34V Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	5,700	1,222	1,330	1,209	1,158	891.16
Total Interest Expense	1,630	1,321	1,249	1,088	941.88	585.53
Net Interest Income	4,071	-99.95	81.45	120.68	215.75	305.62
Brokerage Commission	2,004	2,004	1,805	1,560	1,676	1,107
Gain on Sale of Investments (Rev)	-922.17	976.21	1,243	1,159	1,394	678.86
Revenue Before Loan Losses	6,875	2,880	3,130	2,839	3,286	2,092
Provision for Loan Losses	-1.89	-1.89	-3.22	2.38	5.26	1.57
Revenue	6,877	2,882	3,133	2,837	3,281	2,090
Revenue Growth (YoY)	153.31%	-8.02%	10.45%	-13.52%	56.94%	19.09%
Salaries & Employee Benefits	1,422	1,422	1,377	1,105	1,255	700.44
Cost of Services Provided	2,464	222.87	253.99	265.33	333.01	234.35
Other Operating Expenses	629.13	591.73	501.1	361.5	355.15	213.3
Total Operating Expenses	4,791	2,542	2,403	1,924	2,117	1,310
Operating Income	2,086	339.68	730.07	912.69	1,163	780.62
Currency Exchange Gains	-2.58	-1.65	0.64	1.55	-0.98	3.85
Other Non-Operating Income (Expenses)	15.25	22.69	103.84	50.12	0.42	6.44
EBT Excluding Unusual Items	2,100	362.31	813.51	958.25	1,165	791.6
Gain (Loss) on Sale of Investments	10.5	10.5	11.9	7.19	8.33	-3.68
Pretax Income	2,135	372.81	825.42	965.43	1,173	787.92
Income Tax Expense	351.22	-33.43	150.87	198.15	284.73	200.05
Earnings From Continuing Ops.	1,783	406.23	674.55	767.29	888.64	587.87
Minority Interest in Earnings	-19.19	-8.82	-3.23	-	-	-
Net Income	1,764	397.42	671.32	767.29	888.64	587.87
Net Income to Common	1,764	397.42	671.32	767.29	888.64	587.87
Net Income Growth	418.32%	-40.80%	-12.51%	-13.66%	51.16%	12.76%
Shares Outstanding (Basic)	4,976	2,832	2,832	2,832	2,492	2,101
Shares Outstanding (Diluted)	4,976	2,832	2,832	2,832	2,492	2,101
Shares Change (YoY)	74.23%	-	-	13.66%	18.61%	10.42%
EPS (Basic)	0.35	0.14	0.24	0.27	0.36	0.28
EPS (Diluted)	0.35	0.14	0.24	0.27	0.36	0.28
EPS Growth	197.33%	-40.95%	-12.20%	-24.30%	27.45%	3.65%
Free Cash Flow	-6,936	8,023	581.25	1,842	-6,961	-5,457
Free Cash Flow Per Share	-1.39	2.83	0.20	0.65	-2.79	-2.60
Dividend Per Share	0.056	0.056	0.142	-	0.100	0.120
Dividend Growth	-60.56%	-60.56%	-	-	-16.67%	-
Operating Margin	30.34%	11.79%	23.30%	32.17%	35.46%	37.34%
Profit Margin	25.66%	13.79%	21.42%	27.05%	27.09%	28.12%
Free Cash Flow Margin	-100.87%	278.37%	18.55%	64.94%	-212.20%	-261.07%
Effective Tax Rate	16.45%	-	18.28%	20.52%	24.27%	25.39%
Revenue as Reported	8,248	4,215	4,386	3,930	4,231	2,682

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.