China Galaxy Securities 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	34,692	25,559	22,106	19,880	11,535	15,795
Total Interest Expense	9,089	10,207	10,286	9,127	-	6,626
Net Interest Income	25,603	15,351	11,821	10,753	11,535	9,169
Brokerage Commission	8,445	8,445	7,582	8,514	-	-
Gain on Sale of Investments (Rev)	-6,132	-	-	-	1,099	-102.39
Other Revenue	15,545	12,763	15,195	15,310	23,259	14,586
Revenue Before Loan Losses	43,461	36,559	34,598	34,577	35,892	23,652
Provision for Loan Losses	-	-	-	-	1.69	41.34
Revenue	43,461	36,559	34,598	34,577	35,890	23,611
Revenue Growth (YoY)	74.28%	5.67%	0.06%	-3.66%	52.01%	35.61%
Salaries & Employee Benefits	7,869	7,869	7,145	7,130	-	-
Cost of Services Provided	15,088	13,866	15,848	16,162	9,857	7,816
Other Operating Expenses	2,563	2,640	2,349	2,174	13,202	6,158
Total Operating Expenses	26,731	25,649	26,446	26,525	23,023	13,988
Operating Income	16,730	10,911	8,152	8,052	12,868	9,623
Currency Exchange Gains	1.85	-62.91	-3.37	-13.76	26.95	-7.52
Other Non-Operating Income (Expenses)	-104.02	-59.14	-14.42	-271.52	-181.54	-38.4
EBT Excluding Unusual Items	16,624	10,785	8,132	7,767	12,713	9,577
Merger & Restructuring Charges	-0.07	-0.07	-0.02	-0.04	-	-
Asset Writedown	-13.86	-	0.91	-0.9	-	-
Gain (Loss) on Sale of Investments	-127.5	-127.5	35.65	259.8	206.96	-424.9
Other Unusual Items	-129.52	-142.62	-49.62	-52.08	-130.7	-0.11
Pretax Income	16,372	10,519	8,134	7,971	12,791	9,157
Income Tax Expense	2,336	487.71	249.64	202.39	2,274	1,845
Earnings From Continuing Ops.	14,035	10,031	7,884	7,768	10,517	7,312
Minority Interest in Earnings	0.13	-0.08	-5.24	-0.93	-86.72	-68.47
Net Income	14,035	10,031	7,879	7,768	10,430	7,244
Preferred Dividends & Other Adjustments	1,216	1,216	919.04	683.5	564.24	24.99
Net Income to Common	12,820	8,815	6,960	7,084	9,866	7,219
Net Income Growth	70.35%	27.32%	1.43%	-25.53%	43.99%	38.54%
Shares Outstanding (Basic)	10,380	10,934	10,347	10,137	10,137	10,137
Shares Outstanding (Diluted)	10,380	10,934	10,934	10,746	10,137	10,137
Shares Change (YoY)	-11.60%	-	1.75%	6.01%	-	-
EPS (Basic)	1.24	0.81	0.67	0.70	0.97	0.71
EPS (Diluted)	1.24	0.81	0.65	0.67	0.97	0.71
EPS Growth	95.53%	24.30%	-3.55%	-30.67%	36.62%	37.66%
Free Cash Flow	-32,166	-7,238	-30,888	27,668	56,486	37,281
Free Cash Flow Per Share	-3.10	-0.66	-2.83	2.58	5.57	3.68
Dividend Per Share	0.321	0.280	0.220	0.230	0.310	0.220
Dividend Growth	5.59%	27.27%	-4.35%	-25.81%	40.91%	37.50%
Operating Margin	38.50%	29.84%	23.56%	23.29%	35.85%	40.76%
Profit Margin	29.50%	24.11%	20.12%	20.49%	27.49%	30.57%
Free Cash Flow Margin	-74.01%	-19.80%	-89.28%	80.02%	157.38%	157.90%
Effective Tax Rate	14.27%	4.64%	3.07%	2.54%	17.78%	20.14%
Revenue as Reported	53,752	46,758	44,962	43,781	35,984	23,749

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