FRA:D7C Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Interest Income on Loans	311,999	317,692	313,609	306,165	298,006	288,152
Interest Paid on Deposits	167,728	174,153	162,962	158,269	147,491	141,227
Net Interest Income	144,271	143,539	150,647	147,896	150,515	146,925
Net Interest Income Growth (YoY)	-2.87%	-4.72%	1.86%	-1.74%	2.44%	30.12%
Income From Trading Activities	7,419	7,138	4,881	5,168	3,354	5,229
Gain (Loss) on Sale of Investments	28,589	21,103	17,771	14,874	11,935	8,629
Other Non-Interest Income	31,164	33,790	37,810	36,616	29,595	27,098
Total Non-Interest Income	67,172	62,031	60,462	56,658	44,884	40,956
Non-Interest Income Growth (YoY)	15.16%	2.60%	6.71%	26.23%	9.59%	-22.51%
Revenues Before Loan Losses	211,443	205,570	211,109	204,554	195,399	187,881
Provision for Loan Losses	60,942	61,926	71,359	77,005	82,477	76,679
Revenue	150,501	143,644	139,750	127,549	112,922	111,202
Revenue Growth (YoY)	3.93%	2.79%	9.57%	12.95%	1.55%	3.08%
Salaries and Employee Benefits	38,083	38,083	38,082	34,403	29,679	29,636
Occupancy Expenses	7,768	7,768	7,282	7,065	7,079	6,914
Amortization of Goodwill & Intangibles	1,953	1,953	1,552	1,155	1,006	1,049
Selling, General & Administrative	19,225	19,225	17,800	17,398	14,467	14,715
Other Non-Interest Expense	5,643	2,185	2,122	2,203	2,024	1,854
Total Non-Interest Expense	72,234	68,756	66,260	62,055	54,996	54,642
EBT Excluding Unusual Items	78,267	74,888	73,490	65,494	57,926	56,560
Asset Writedown	-18	-1	-74	23	-69	-15
Pretax Income	78,249	74,887	73,416	65,517	57,857	56,545
Income Tax Expense	9,918	6,825	10,466	9,140	8,325	7,551
Earnings From Continuing Operations	68,331	68,062	62,950	56,377	49,532	48,994
Minority Interest in Earnings	-922	-1,046	-847	-736	-552	-979
Net Income	67,409	67,016	62,103	55,641	48,980	48,015
Preferred Dividends & Other Adjustments	4,788	4,788	4,788	3,010	3,010	1,330
Net Income to Common	62,621	62,228	57,315	52,631	45,970	46,685
Net Income Growth	1.47%	7.91%	11.61%	13.60%	2.01%	7.87%
Basic Shares Outstanding	51,340	48,954	48,935	48,935	48,935	48,935
Diluted Shares Outstanding	53,465	54,586	54,071	53,705	53,453	52,455
Shares Change (YoY)	-1.52%	0.95%	0.68%	0.47%	1.90%	6.89%
EPS (Basic)	1.22	1.27	1.17	1.08	0.94	0.95
EPS (Diluted)	1.17	1.14	1.06	0.98	0.86	0.89
EPS Growth	3.16%	7.55%	8.16%	13.95%	-3.37%	1.14%
Dividend Per Share	0.510	0.325	0.329	0.302	0.254	0.239
Dividend Growth	54.88%	-1.26%	8.94%	18.90%	6.28%	3.91%
Effective Tax Rate	12.68%	9.11%	14.26%	13.95%	14.39%	13.35%

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