HKG:1601 Income Statement

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

Millions CNY. 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	666.76	729.86	691.93	613.4	541.37
Total Interest Expense	239.54	286.06	292.82	272.49	246.55
Net Interest Income	427.22	443.8	399.11	340.9	294.82
Other Revenue	62.04	12.36	10.43	9.92	8.93
Revenue Before Loan Losses	617.92	595.53	551.2	480.57	419.33
Provision for Loan Losses	70.14	79.02	78.25	49.58	53
Revenue	547.78	516.51	472.95	430.99	366.33
Revenue Growth (YoY)	6.05%	9.21%	9.74%	17.65%	15.87%
Salaries & Employee Benefits	89.4	99.42	94.3	111.71	71.07
Cost of Services Provided	52.22	36.89	50.66	31.17	27.7
Other Operating Expenses	-1.84	7.82	-12.6	-17.33	6.02
Total Operating Expenses	196.81	164.7	148.46	145.13	123.92
Operating Income	350.98	351.81	324.49	285.86	242.41
Earnings From Equity Investments	11.72	10.39	21.91	15.14	19.39
Currency Exchange Gain (Loss)	-0.06	-0.68	-0.19	0.11	-0.18
Pretax Income	362.65	361.52	346.21	301.1	261.63
Income Tax Expense	90.65	90.48	86.33	75	65.71
Net Income	271.99	271.04	259.88	226.1	195.92
Net Income to Common	271.99	271.04	259.88	226.1	195.92
Net Income Growth	0.35%	4.30%	14.94%	15.41%	21.34%
Shares Outstanding (Basic)	1,478	1,333	1,333	1,333	1,333
Shares Outstanding (Diluted)	1,478	1,333	1,333	1,333	1,333
Shares Change (YoY)	10.88%	-	-	-	1.39%
EPS (Basic)	0.18	0.20	0.19	0.17	0.15
EPS (Diluted)	0.18	0.20	0.19	0.17	0.15
EPS Growth	-9.50%	4.29%	14.94%	15.41%	19.68%
Free Cash Flow	421.93	77.7	-667.35	-680.03	-682
Free Cash Flow Per Share	0.28	0.06	-0.50	-0.51	-0.51
Dividend Per Share	0.059	0.071	0.068	0.060	0.045
Dividend Growth	-16.90%	4.41%	13.33%	33.33%	3.45%
Operating Margin	64.07%	68.11%	68.61%	66.33%	66.17%
Profit Margin	49.65%	52.48%	54.95%	52.46%	53.48%
Free Cash Flow Margin	77.03%	15.04%	-141.10%	-157.78%	-186.17%
Effective Tax Rate	25.00%	25.03%	24.94%	24.91%	25.12%

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