GF Securities Income Statement

Financials in millions CNY. Fiscal year is October - September.

Millions CNY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Interest and Dividend Income	-	20,381	-	17,278	13,459
Total Interest Expense	-	10,226	-	10,411	8,754
Net Interest Income	-	10,155	-	6,868	4,705
Brokerage Commission	220.6	15,002	166.21	14,814	16,670
Other Revenue	-	828.46	-	400.66	1,124
Revenue Before Loan Losses	220.6	25,986	166.21	22,083	22,499
Provision for Loan Losses	-	-32.35	-	-41.15	-188.92
Revenue	220.6	26,018	166.21	22,124	22,688
Revenue Growth (YoY)	-99.15%	15553.99%	-99.25%	-2.49%	-30.64%
Salaries & Employee Benefits	-	9,580	-	8,773	8,880
Cost of Services Provided	-	614.15	-	549.46	534.7
Other Operating Expenses	140.39	3,772	107.86	3,708	3,172
Total Operating Expenses	140.39	15,013	107.86	14,025	13,458
Operating Income	80.21	11,005	58.35	8,099	9,230
EBT Excluding Unusual Items	80.21	11,791	58.35	8,814	10,170
Asset Writedown	-	-4.57	-	-3.63	-12.02
Gain (Loss) on Sale of Investments	-	57.13	-	-71.66	234.22
Pretax Income	80.21	11,852	58.35	8,744	10,388
Income Tax Expense	10.73	1,307	7.6	881.52	1,490
Earnings From Continuing Ops.	69.47	10,545	50.75	7,863	8,898
Minority Interest in Earnings	-	-907.84	-	-885.12	-968.72
Net Income	69.47	9,637	50.75	6,978	7,929
Preferred Dividends & Other Adjustments	-	907.78	-	685.88	198.58
Net Income to Common	69.47	8,729	50.75	6,292	7,731
Net Income Growth	-99.28%	18888.74%	-99.27%	-12.00%	-26.95%
Shares Outstanding (Basic)	101	7,606	98	7,606	7,612
Shares Outstanding (Diluted)	101	7,606	98	7,606	7,612
Shares Change (YoY)	-98.68%	7693.15%	-98.72%	-0.08%	-0.12%
EPS (Basic)	0.69	1.15	0.52	0.83	1.02
EPS (Diluted)	0.69	1.15	0.52	0.83	1.02
EPS Growth	-39.88%	120.71%	-37.14%	-18.54%	-28.48%
Free Cash Flow	-	-31,202	-	-3,294	39,446
Free Cash Flow Per Share	-	-4.10	-	-0.43	5.18
Dividend Per Share	-	0.500	-	0.300	0.350
Dividend Growth	-	-	-	-14.29%	-30.00%
Operating Margin	36.36%	42.30%	35.11%	36.61%	40.68%
Profit Margin	31.49%	33.55%	30.53%	28.44%	34.07%
Free Cash Flow Margin	-	-119.92%	-	-14.89%	173.86%
Effective Tax Rate	13.38%	11.03%	13.03%	10.08%	14.34%
Revenue as Reported	-	37,346	-	33,298	33,256

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