CITIC Securities Company Limited (HKG:6030)

CITIC Securities Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	64,214	52,427	40,523	52,993	43,258	40,411
Total Interest Expense	18,955	18,858	17,580	15,218	15,237	12,941
Net Interest Income	45,259	33,570	22,943	37,775	28,020	27,470
Brokerage Commission	-	-	-	-	40,931	-
Trading & Principal Transactions	-	-	-	-	603.15	-
Gain on Sale of Investments (Rev)	-14,818	-6,023	3,574	-13,660	-	-6,391
Other Revenue	34,436	32,519	32,628	39,765	-	33,462
Revenue Before Loan Losses	64,876	60,065	59,145	63,880	69,554	54,542
Provision for Loan Losses	-	-	-	-	-	710.87
Revenue	64,876	60,065	59,145	63,880	69,554	53,831
Revenue Growth (YoY)	14.08%	1.56%	-7.41%	-8.16%	29.21%	26.98%
Salaries & Employee Benefits	-	-	-	-	20,762	-
Cost of Services Provided	31,677	30,217	29,001	28,847	7,110	20,466
Other Operating Expenses	6,791	6,159	5,318	7,827	7,148	6,524
Total Operating Expenses	38,845	36,410	34,267	36,585	35,641	27,426
Operating Income	26,030	23,655	24,878	27,295	33,913	26,405
Currency Exchange Gains	2,633	3,428	534.7	883.52	-138.2	-329.37
Other Non-Operating Income (Expenses)	-518.24	-443.64	610.08	822.25	-307.79	-199.9
EBT Excluding Unusual Items	28,145	26,639	26,023	29,001	34,357	25,876
Impairment of Goodwill	-	-	-	-319.13	-2,069	-81.49
Asset Writedown	-6.91	-20.98	-0.12	-2.93	-364.79	-91.98
Gain (Loss) on Sale of Investments	1,592	1,592	-297.55	-213.56	-29.21	-5,434
Other Unusual Items	141.64	-2.57	459.96	484.66	-	202.63
Pretax Income	30,085	28,418	26,185	28,950	31,894	20,470
Income Tax Expense	5,895	5,829	5,646	6,781	7,889	4,954
Earnings From Continuing Ops.	24,189	22,589	20,539	22,169	24,005	15,517
Minority Interest in Earnings	-898.89	-885.76	-818.8	-851.36	-905.46	-614.22
Net Income	23,290	21,704	19,721	21,317	23,100	14,902
Preferred Dividends & Other Adjustments	805.58	805.58	525.16	497.21	157.64	-
Net Income to Common	22,485	20,898	19,195	20,820	22,942	14,902
Net Income Growth	20.91%	10.06%	-7.49%	-7.71%	55.01%	17.82%
Shares Outstanding (Basic)	14,843	14,821	14,821	14,713	13,602	12,860
Shares Outstanding (Diluted)	14,843	14,821	14,821	14,713	13,602	12,860
Shares Change (YoY)	-0.60%	-	0.73%	8.17%	5.77%	6.13%
EPS (Basic)	1.51	1.41	1.30	1.42	1.69	1.16
EPS (Diluted)	1.51	1.41	1.30	1.42	1.69	1.16
EPS Growth	20.72%	8.87%	-8.47%	-16.10%	45.55%	14.73%
Free Cash Flow	47,435	171,270	-42,417	77,219	4,797	101,216
Free Cash Flow Per Share	3.20	11.56	-2.86	5.25	0.35	7.87
Dividend Per Share	0.520	0.520	0.475	0.490	0.540	0.400
Dividend Growth	9.47%	9.47%	-3.06%	-9.26%	35.00%	-20.00%
Operating Margin	40.12%	39.38%	42.06%	42.73%	48.76%	49.05%
Profit Margin	34.66%	34.79%	32.45%	32.59%	32.98%	27.68%
Free Cash Flow Margin	73.12%	285.14%	-71.72%	120.88%	6.90%	188.03%
Effective Tax Rate	19.60%	20.51%	21.56%	23.42%	24.73%	24.20%
Revenue as Reported	63,789	63,789	60,068	65,109	97,324	54,383

Updated Jan 17, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.