China Galaxy Securities Co., Ltd. (HKG: 6881)

China Galaxy 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	21,252	22,106	19,880	11,535	15,795	14,424
Total Interest Expense	10,454	10,286	9,127	-	6,626	6,036
Net Interest Income	10,798	11,821	10,753	11,535	9,169	8,388
Brokerage Commission	7,582	7,582	8,514	-	-	6,172
Gain on Sale of Investments (Rev)	3,237	-	-	1,099	-102.39	-
Other Revenue	14,639	15,195	15,310	23,259	14,586	2,847
Revenue Before Loan Losses	36,256	34,598	34,577	35,892	23,652	17,407
Provision for Loan Losses	-	-	-	1.69	41.34	-3.94
Revenue	36,256	34,598	34,577	35,890	23,611	17,411
Revenue Growth (YoY)	10.41%	0.06%	-3.66%	52.01%	35.61%	76.06%
Salaries & Employee Benefits	7,145	7,145	7,130	-	-	4,912
Cost of Services Provided	16,392	15,848	16,162	9,857	7,816	3,189
Other Operating Expenses	2,842	2,349	2,174	13,202	6,158	1,381
Total Operating Expenses	27,467	26,446	26,525	23,023	13,988	10,208
Operating Income	8,789	8,152	8,052	12,868	9,623	7,203
Currency Exchange Gains	-57.98	-3.37	-13.76	26.95	-7.52	21.59
Other Non-Operating Income (Expenses)	67.93	-14.42	-271.52	-181.54	-38.4	-67.51
EBT Excluding Unusual Items	8,797	8,132	7,767	12,713	9,577	7,168
Merger & Restructuring Charges	-0.02	-0.02	-0.04	-	-	-2.58
Asset Writedown	11.73	0.91	-0.9	-	-	-
Gain (Loss) on Sale of Investments	35.65	35.65	259.8	206.96	-424.9	-333.28
Other Unusual Items	-38.01	-49.62	-52.08	-130.7	-0.11	-
Pretax Income	8,809	8,134	7,971	12,791	9,157	6,830
Income Tax Expense	564.11	249.64	202.39	2,274	1,845	1,580
Earnings From Continuing Ops.	8,245	7,884	7,768	10,517	7,312	5,250
Minority Interest in Earnings	-5.42	-5.24	-0.93	-86.72	-68.47	-21.72
Net Income	8,239	7,879	7,768	10,430	7,244	5,228
Preferred Dividends & Other Adjustments	919.04	919.04	683.5	564.24	24.99	-
Net Income to Common	7,320	6,960	7,084	9,866	7,219	5,228
Net Income Growth	3.89%	1.43%	-25.53%	43.99%	38.54%	81.09%
Shares Outstanding (Basic)	11,589	10,347	10,137	10,137	10,137	10,137
Shares Outstanding (Diluted)	11,742	10,934	10,746	10,137	10,137	10,137
Shares Change (YoY)	8.63%	1.75%	6.01%	-	-0.00%	-
EPS (Basic)	0.63	0.67	0.70	0.97	0.71	0.52
EPS (Diluted)	0.63	0.65	0.67	0.97	0.71	0.52
EPS Growth	-7.60%	-3.55%	-30.67%	36.62%	37.66%	81.09%
Free Cash Flow	55,415	-30,888	27,668	56,486	37,281	25,251
Free Cash Flow Per Share	4.72	-2.82	2.57	5.57	3.68	2.49
Dividend Per Share	0.304	0.220	0.230	0.310	0.220	0.160
Dividend Growth	32.17%	-4.35%	-25.81%	40.91%	37.50%	77.78%
Operating Margin	24.24%	23.56%	23.29%	35.85%	40.76%	41.37%
Profit Margin	20.19%	20.12%	20.49%	27.49%	30.57%	30.03%
Free Cash Flow Margin	152.85%	-89.28%	80.02%	157.38%	157.90%	145.03%
Effective Tax Rate	6.40%	3.07%	2.54%	17.78%	20.14%	23.13%
Revenue as Reported	46,565	44,962	43,781	35,984	23,749	23,493

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