CITIC Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Revenue	595,627	565,542	546,435	490,626	475,752	413,945
Other Revenue	380,051	379,628	396,203	392,057	369,151	323,334
Revenue	975,678	945,170	942,638	882,683	844,903	737,279
Revenue Growth	5.07%	0.27%	6.79%	4.47%	14.60%	21.41%
Cost of Revenue	519,873	500,328	495,059	383,311	364,937	328,927
Gross Profit	455,805	444,842	447,579	499,372	479,966	325,983
Selling, General & Admin	-	-	-	-	-	10.59
Other Operating Expenses	141,383	137,406	136,292	126,426	113,471	84,161
Operating Expenses	157,669	148,091	139,793	192,041	192,476	85,891
Operating Income	298,136	296,751	307,786	307,331	287,490	240,092
Interest Expense	-155,615	-169,125	-194,609	-202,249	-181,062	-162,104
Interest & Investment Income	1,669	1,989	2,235	1,832	1,407	1,659
Earnings From Equity Investments	11,847	10,520	6,630	9,403	11,166	14,308
Currency Exchange Gain (Loss)	95	95	-1,033	535	444	636.26
Other Non Operating Income (Expenses)	2,671	4,032	8,486	4,758	4,885	2,676
EBT Excluding Unusual Items	158,803	144,262	129,495	121,610	124,330	97,267
Impairment of Goodwill	-	-	-17	-26	-4,363	-
Gain (Loss) on Sale of Investments	1,945	1,945	-302	2,314	-2,790	1,630
Gain (Loss) on Sale of Assets	68	68	3,793	74	10,977	1,135
Asset Writedown	-3,446	-1,667	-312	-685	-862	-1,342
Pretax Income	157,370	144,608	132,657	123,287	127,292	98,690
Income Tax Expense	30,601	28,795	24,902	18,013	21,469	16,997
Earnings From Continuing Operations	126,769	115,813	107,755	105,274	105,823	81,694
Net Income to Company	126,769	115,813	107,755	105,274	105,823	81,694
Minority Interest in Earnings	-65,511	-57,083	-49,553	-47,680	-40,892	-24,486
Net Income	61,258	58,730	58,202	57,594	64,931	57,208
Net Income to Common	61,258	58,730	58,202	57,594	64,931	57,208
Net Income Growth	6.86%	0.91%	1.06%	-11.30%	13.50%	19.98%
Shares Outstanding (Basic)	29,090	29,090	29,090	29,090	29,090	29,090
Shares Outstanding (Diluted)	29,090	29,090	29,090	29,090	29,090	29,090
Shares Change	-	-	-	-	-	-
EPS (Basic)	2.11	2.02	2.00	1.98	2.23	1.97
EPS (Diluted)	2.10	2.01	1.97	1.98	2.23	1.96
EPS Growth	8.31%	2.18%	-0.49%	-11.29%	13.48%	19.78%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	-	375,511	-94,366	-47,102	145,926	-53,107
Free Cash Flow Per Share	-	12.91	-3.24	-1.62	5.02	-1.83
Dividend Per Share	0.595	0.585	0.550	0.515	0.587	0.494
Dividend Growth	6.25%	6.36%	6.80%	-12.23%	18.85%	20.14%
Gross Margin	46.72%	47.06%	47.48%	56.57%	56.81%	44.21%
Operating Margin	30.56%	31.40%	32.65%	34.82%	34.03%	32.56%
Profit Margin	6.28%	6.21%	6.17%	6.53%	7.69%	7.76%
Free Cash Flow Margin	-	39.73%	-10.01%	-5.34%	17.27%	-7.20%
EBITDA	325,111	323,469	335,346	330,390	307,730	251,279
EBITDA Margin	33.32%	34.22%	35.58%	37.43%	36.42%	34.08%
D&A For EBITDA	26,975	26,718	27,560	23,059	20,240	11,186
EBIT	298,136	296,751	307,786	307,331	287,490	240,092
EBIT Margin	30.56%	31.40%	32.65%	34.82%	34.03%	32.56%
Effective Tax Rate	19.45%	19.91%	18.77%	14.61%	16.87%	17.22%