Guotai Junan Securities Co., Ltd. (HKG: 2611)

Guotai Junan Securities 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	24,490	26,491	22,853	27,372	23,295	19,941
Total Interest Expense	12,559	12,833	10,822	10,162	8,805	7,403
Net Interest Income	11,931	13,658	12,031	17,210	14,490	12,538
Gain on Sale of Investments (Rev)	3,240	-1,350	512.65	358.57	433.29	1,700
Other Revenue	22,393	22,871	22,066	24,697	19,586	15,113
Revenue Before Loan Losses	37,564	35,179	34,609	42,265	34,510	29,352
Provision for Loan Losses	-40.73	50.07	-412.6	500.42	620.38	763.73
Revenue	37,605	35,129	35,022	41,764	33,890	28,588
Revenue Growth (YoY)	8.83%	0.30%	-16.14%	23.24%	18.55%	31.24%
Cost of Services Provided	15,660	15,723	13,640	14,340	13,376	11,594
Other Operating Expenses	10,169	7,894	7,943	8,856	5,561	4,790
Total Operating Expenses	25,893	23,681	21,741	23,519	19,008	16,562
Operating Income	11,712	11,448	13,281	18,246	14,882	12,026
Currency Exchange Gains	-124.25	-51.24	118.03	-71.62	61.56	-65.19
Other Non-Operating Income (Expenses)	-17.23	27.35	-30.49	16.83	-	-14.29
EBT Excluding Unusual Items	11,570	11,424	13,369	18,191	14,944	11,947
Asset Writedown	-12.32	-32.4	-24.26	-0.72	-0.06	-20.9
Legal Settlements	8.49	8.49	-111.71	-143.56	-6.5	3.44
Gain (Loss) on Sale of Investments	-148.25	-148.25	209.61	482.55	-621.33	-1,108
Other Unusual Items	1,567	897.39	698.5	554.6	535.5	618.99
Pretax Income	12,985	12,148	14,140	19,112	14,872	11,445
Income Tax Expense	2,237	2,262	2,517	3,810	3,135	2,393
Earnings From Continuing Ops.	10,747	9,885	11,623	15,303	11,737	9,051
Minority Interest in Earnings	-477.82	-511.27	-114.02	-289.06	-614.97	-414.32
Net Income	10,270	9,374	11,509	15,013	11,122	8,637
Preferred Dividends & Other Adjustments	712.05	712.05	528	402.5	456.58	647.53
Net Income to Common	9,558	8,662	10,981	14,611	10,666	7,990
Net Income Growth	-12.30%	-18.55%	-23.34%	34.99%	28.77%	28.76%
Shares Outstanding (Basic)	8,864	8,844	8,819	8,819	8,865	8,843
Shares Outstanding (Diluted)	8,988	9,047	9,226	9,210	9,233	9,200
Shares Change (YoY)	57.15%	-1.94%	0.18%	-0.26%	0.36%	5.58%
EPS (Basic)	1.08	0.98	1.25	1.66	1.20	0.90
EPS (Diluted)	1.08	0.97	1.23	1.62	1.19	0.90
EPS Growth	-46.53%	-20.86%	-24.17%	36.39%	31.86%	28.63%
Free Cash Flow	65,409	6,038	48,948	9,512	21,434	34,613
Free Cash Flow Per Share	7.28	0.67	5.31	1.03	2.32	3.76
Dividend Per Share	0.550	0.400	0.530	0.680	0.560	0.390
Dividend Growth	3.77%	-24.53%	-22.06%	21.43%	43.59%	41.82%
Operating Margin	31.14%	32.59%	37.92%	43.69%	43.91%	42.07%
Profit Margin	25.42%	24.66%	31.35%	34.98%	31.47%	27.95%
Free Cash Flow Margin	173.94%	17.19%	139.76%	22.78%	63.25%	121.08%
Effective Tax Rate	17.23%	18.62%	17.80%	19.93%	21.08%	20.91%
Revenue as Reported	38,113	36,141	35,471	42,817	35,200	29,949

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