China Cinda Asset Management Co., Ltd. (HKG: 1359)

China Cinda Asset Management Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	34,841	39,435	37,682	46,759	43,372	42,270
Total Interest Expense	44,383	44,081	40,081	41,957	39,619	44,367
Net Interest Income	-9,542	-4,646	-2,399	4,802	3,754	-2,097
Brokerage Commission	4,783	4,903	5,110	5,291	4,445	3,537
Gain on Sale of Investments (Rev)	6,442	538.65	1,059	994.95	-	-
Other Revenue	20,840	22,518	23,476	49,679	38,998	34,687
Revenue Before Loan Losses	22,524	23,314	27,247	60,768	47,197	36,127
Provision for Loan Losses	-1,507	-2,052	-1,516	8,268	-2,188	-8,017
Revenue	24,031	25,367	28,763	52,500	49,384	44,144
Revenue Growth (YoY)	19.84%	-11.81%	-45.21%	6.31%	11.87%	4.37%
Salaries & Employee Benefits	5,710	5,710	6,122	-	6,159	6,002
Cost of Services Provided	8,194	8,521	13,484	30,305	17,996	13,588
Other Operating Expenses	1,029	500.86	535.93	2,083	961.47	389.87
Total Operating Expenses	17,006	16,668	22,392	32,484	27,110	21,423
Operating Income	7,025	8,698	6,371	20,016	22,274	22,721
Currency Exchange Gains	371.54	369.52	1,998	-485.4	-1,529	839.65
Other Non-Operating Income (Expenses)	-3,765	-3,340	-3,621	-611.66	-3,871	-3,631
EBT Excluding Unusual Items	10,066	12,161	13,731	18,919	17,126	21,850
Impairment of Goodwill	-638	-638	-	-	-103.53	-4.28
Asset Writedown	-381.08	-381.08	-398.08	-77.06	-1,347	-509.19
Legal Settlements	5.24	-	-	-82.28	-	-
Gain (Loss) on Sale of Investments	-3,295	-2,938	-2,828	-1,102	-1,191	-2,709
Other Unusual Items	36.12	-	-	599.53	-	-
Pretax Income	5,822	8,205	10,505	18,389	16,327	19,510
Income Tax Expense	674.04	1,193	3,226	5,388	5,324	5,755
Earnings From Continuing Ops.	5,148	7,012	7,279	13,000	11,003	13,755
Earnings From Discontinued Ops.	-	-	-	-	3,752	1,500
Net Income to Company	5,148	7,012	7,279	13,000	14,755	15,256
Minority Interest in Earnings	-1,239	-1,191	-965.37	-938.75	-1,507	-2,203
Net Income	3,909	5,821	6,313	12,062	13,248	13,053
Preferred Dividends & Other Adjustments	1,557	1,557	1,011	-	1,090	1,121
Net Income to Common	2,352	4,264	5,302	12,062	12,158	11,932
Net Income Growth	-33.44%	-7.80%	-47.66%	-8.95%	1.49%	8.45%
Shares Outstanding (Basic)	42,515	38,165	38,165	41,592	38,165	38,165
Shares Outstanding (Diluted)	42,515	38,165	38,165	41,592	38,165	38,165
Shares Change (YoY)	1.28%	-	-8.24%	8.98%	-	-
EPS (Basic)	0.06	0.11	0.14	0.29	0.32	0.31
EPS (Diluted)	0.05	0.11	0.14	0.29	0.32	0.31
EPS Growth	-53.57%	-20.83%	-52.09%	-8.89%	2.68%	7.96%
Free Cash Flow	32,049	14,696	52,241	48,066	31,852	-29,092
Free Cash Flow Per Share	0.75	0.39	1.37	1.16	0.83	-0.76
Dividend Per Share	0.046	0.046	0.050	0.095	0.104	0.103
Dividend Growth	-7.80%	-7.80%	-47.65%	-8.92%	1.46%	8.00%
Operating Margin	29.23%	34.29%	22.15%	38.13%	45.10%	51.47%
Profit Margin	9.79%	16.81%	18.44%	22.97%	24.62%	27.03%
Free Cash Flow Margin	133.37%	57.93%	181.63%	91.55%	64.50%	-65.90%
Effective Tax Rate	11.58%	14.54%	30.71%	29.30%	32.61%	29.50%
Revenue as Reported	75,736	76,168	80,988	103,173	100,134	96,147

Source: S&P Capital IQ. Capital Markets template. Financial Sources.