China Development Bank Financial Leasing Co., Ltd. (HKG:1606)

HKG:1606 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	10,846	10,644	10,289	9,813	9,200
Total Interest Expense	12,978	10,362	8,207	8,088	6,981
Net Interest Income	-2,132	281.81	2,082	1,726	2,219
Gain (Loss) on Sale of Investments	205.03	155.51	32.49	87.28	41.19
Other Revenue	18,460	15,830	13,900	12,592	9,234
Revenue Before Loan Losses	16,532	16,267	16,015	14,405	11,494
Provision for Loan Losses	-355.34	738.81	909.41	2,228	642.39
Revenue	16,888	15,529	15,105	12,177	10,852
Revenue Growth (YoY)	8.75%	2.80%	24.04%	12.21%	5.93%
Salaries & Employee Benefits	514.69	502.42	546.79	494.79	430.45
Cost of Services Provided	55.07	102.44	70.46	108.88	105.76
Other Operating Expenses	1,881	1,806	1,554	1,054	497.2
Total Operating Expenses	9,553	8,500	7,541	5,992	5,157
Operating Income	7,334	7,029	7,565	6,185	5,695
Currency Exchange Gain (Loss)	-1,471	-358.31	127.52	72.49	-161.96
EBT Excluding Unusual Items	5,863	6,636	7,375	6,019	5,461
Pretax Income	6,003	5,419	4,958	5,536	4,584
Income Tax Expense	1,500	1,269	1,607	1,613	1,315
Net Income	4,503	4,150	3,351	3,922	3,268
Net Income to Common	4,503	4,150	3,351	3,922	3,268
Net Income Growth	8.50%	23.84%	-14.56%	20.01%	11.24%
Shares Outstanding (Basic)	12,642	12,642	12,642	12,642	12,642
Shares Outstanding (Diluted)	12,642	12,642	12,642	12,642	12,642
EPS (Basic)	0.36	0.33	0.27	0.31	0.26
EPS (Diluted)	0.36	0.33	0.27	0.31	0.26
EPS Growth	8.50%	23.84%	-14.49%	19.91%	12.40%
Free Cash Flow	-22,540	46,669	3,057	-842.62	10,876
Free Cash Flow Per Share	-1.78	3.69	0.24	-0.07	0.86
Dividend Per Share	0.089	0.098	0.080	0.093	0.078
Dividend Growth	-9.58%	23.84%	-14.56%	20.00%	-25.84%
Operating Margin	43.43%	45.27%	50.08%	50.79%	52.48%
Profit Margin	26.66%	26.73%	22.18%	32.21%	30.12%
Free Cash Flow Margin	-133.47%	300.53%	20.24%	-6.92%	100.22%
Effective Tax Rate	24.98%	23.41%	32.41%	29.14%	28.69%
Revenue as Reported	28,563	26,655	25,053	23,316	19,329

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