HKG:3908 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	22,528	21,981	24,489	18,761	21,980
Total Interest Expense	9,689	10,103	10,740	9,177	8,267
Net Interest Income	12,839	11,878	13,749	9,585	13,713
Brokerage Commission	-	-	-	18,063	19,481
Gain on Sale of Investments (Rev)	399.47	-3,159	-4,493	-	-
Other Revenue	15,244	10,913	12,161	-	-
Revenue	28,483	19,631	21,417	27,648	33,194
Revenue Growth (YoY)	45.09%	-8.33%	-22.54%	-16.71%	19.82%
Salaries & Employee Benefits	-	-	-	11,927	13,327
Cost of Services Provided	16,420	14,302	15,823	3,223	3,794
Other Operating Expenses	134.96	82.67	88.48	2,206	1,815
Total Operating Expenses	16,837	14,447	15,921	18,940	19,943
Operating Income	11,646	5,185	5,495	8,708	13,252
Currency Exchange Gains	-78.44	1,600	1,361	391.54	-653.76
Other Non-Operating Income (Expenses)	-	-	-70.65	-	-
EBT Excluding Unusual Items	11,567	6,785	6,785	9,096	12,746
Asset Writedown	-	-21.98	-	-	-
Legal Settlements	-13.78	15.6	-180.24	-	-
Gain (Loss) on Sale of Investments	-38.73	-11.98	5.06	-40.11	232.39
Other Unusual Items	201.1	43.03	210.01	-	-
Pretax Income	11,713	6,805	6,823	9,056	12,978
Income Tax Expense	1,912	1,131	659.35	1,461	2,168
Earnings From Continuing Ops.	9,800	5,674	6,164	7,595	10,810
Minority Interest in Earnings	-9.85	20.04	-7.51	2.63	-32.21
Net Income	9,791	5,694	6,156	7,598	10,778
Preferred Dividends & Other Adjustments	737	696.43	660.6	552.46	354.35
Net Income to Common	9,054	4,998	5,496	7,045	10,423
Net Income Growth	71.93%	-7.50%	-18.97%	-29.51%	49.54%
Shares Outstanding (Basic)	4,827	4,827	4,827	4,827	4,827
Shares Outstanding (Diluted)	4,827	4,827	4,827	4,827	4,827
Shares Change (YoY)	-	-	-	-	8.60%
EPS (Basic)	1.88	1.04	1.14	1.46	2.16
EPS (Diluted)	1.88	1.04	1.14	1.46	2.16
EPS Growth	81.15%	-9.05%	-21.99%	-32.41%	35.09%
Free Cash Flow	70,311	40,932	-12,044	56,375	808.99
Free Cash Flow Per Share	14.56	8.48	-2.50	11.68	0.17
Dividend Per Share	0.320	0.180	0.180	0.180	0.300
Dividend Growth	77.78%	-	-	-40.00%	66.67%
Operating Margin	40.89%	26.41%	25.66%	31.50%	39.92%
Profit Margin	31.79%	25.46%	25.66%	25.48%	31.40%
Free Cash Flow Margin	246.85%	208.50%	-56.24%	203.90%	2.44%
Effective Tax Rate	16.33%	16.61%	9.66%	16.13%	16.71%
Revenue as Reported	28,481	21,333	22,990	37,398	40,964

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.