Shenwan Hongyuan (H.K.) Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	212.55	251.59	298.07	213.24	334.27
Total Interest Expense	66.64	36.74	127.98	108.12	94.79
Net Interest Income	145.92	214.84	170.09	105.12	239.48
Brokerage Commission	190.07	130.96	135.79	157.3	251.41
Asset Management Fee	12.02	11.26	18.38	18.68	28.81
Underwriting & Investment Banking Fee	124.46	90.04	70.7	59.53	128.97
Gain on Sale of Investments (Rev)	93.55	-434.19	-303.44	-618.27	-410.54
Other Revenue	34.52	254.57	347.44	614.55	408.07
Revenue Before Loan Losses	600.52	267.48	438.96	336.91	646.19
Provision for Loan Losses	-	0	-	-	-
Revenue	600.52	267.47	438.96	336.91	646.19
Revenue Growth (YoY)	124.52%	-39.07%	30.29%	-47.86%	-10.15%
Salaries & Employee Benefits	251.12	233.1	248.93	297.99	265.89
Cost of Services Provided	67.63	32.78	31.29	57.78	155.1
Other Operating Expenses	98.83	94.79	106.44	110.54	104.69
Total Operating Expenses	465.33	408.14	544.48	983.73	579.94
Operating Income	135.19	-140.67	-105.52	-646.82	66.26
Currency Exchange Gains	6.16	2.02	7.41	-141.05	1.25
Other Non-Operating Income (Expenses)	-2.13	0.69	3.36	-3.86	-
EBT Excluding Unusual Items	139.22	-137.96	-94.75	-791.73	67.51
Gain (Loss) on Sale of Investments	-	4.39	-29.78	-81.77	-185.68
Other Unusual Items	-	-	-	2.4	-
Pretax Income	139.22	-133.57	-124.53	-871.11	-118.17
Income Tax Expense	18.28	27.16	67.93	8.82	-22.42
Earnings From Continuing Ops.	120.94	-160.73	-192.45	-879.92	-95.75
Net Income	120.94	-160.73	-192.45	-879.92	-95.75
Net Income to Common	120.94	-160.73	-192.45	-879.92	-95.75
Shares Outstanding (Basic)	1,561	1,561	1,561	1,561	1,561
Shares Outstanding (Diluted)	1,561	1,561	1,561	1,561	1,561
EPS (Basic)	0.08	-0.10	-0.12	-0.56	-0.06
EPS (Diluted)	0.08	-0.10	-0.12	-0.56	-0.06
Free Cash Flow	-	-572.64	2,792	1,863	961.84
Free Cash Flow Per Share	-	-0.37	1.79	1.19	0.62
Operating Margin	22.51%	-52.59%	-24.04%	-191.99%	10.25%
Profit Margin	20.14%	-60.09%	-43.84%	-261.17%	-14.82%
Free Cash Flow Margin	-	-214.09%	636.09%	552.83%	148.85%
Effective Tax Rate	13.13%	-	-	-	-

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