China Galaxy Securities 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	28,649	25,038	22,106	19,880	11,535
Total Interest Expense	9,071	10,207	10,286	9,127	-
Net Interest Income	19,578	14,831	11,821	10,753	11,535
Brokerage Commission	-	-	7,582	8,514	-
Gain on Sale of Investments (Rev)	-	-	-	-	1,099
Other Revenue	8,630	7,915	15,195	15,310	23,259
Revenue Before Loan Losses	28,208	22,746	34,598	34,577	35,892
Provision for Loan Losses	-	-	-	-	1.69
Revenue	28,208	22,746	34,598	34,577	35,890
Revenue Growth (YoY)	24.01%	-34.26%	0.06%	-3.66%	52.01%
Salaries & Employee Benefits	-	-	7,145	7,130	-
Cost of Services Provided	12,796	11,414	15,848	16,162	9,857
Other Operating Expenses	271.61	378.46	2,349	2,174	13,202
Total Operating Expenses	13,142	11,904	26,446	26,525	23,023
Operating Income	15,065	10,841	8,152	8,052	12,868
Currency Exchange Gains	30.45	-62.91	-3.37	-13.76	26.95
Other Non-Operating Income (Expenses)	-776.84	-169.18	-14.42	-271.52	-181.54
EBT Excluding Unusual Items	14,319	10,609	8,132	7,767	12,713
Merger & Restructuring Charges	-	-	-0.02	-0.04	-
Asset Writedown	-	-	0.91	-0.9	-
Legal Settlements	-3.69	12.58	-	-	-
Gain (Loss) on Sale of Investments	95.81	-127.5	35.65	259.8	206.96
Other Unusual Items	-9.56	20.59	-49.62	-52.08	-130.7
Pretax Income	14,413	10,519	8,134	7,971	12,791
Income Tax Expense	1,893	487.71	249.64	202.39	2,274
Earnings From Continuing Ops.	12,520	10,031	7,884	7,768	10,517
Minority Interest in Earnings	-0.02	-0.08	-5.24	-0.93	-86.72
Net Income	12,520	10,031	7,879	7,768	10,430
Preferred Dividends & Other Adjustments	1,226	1,216	919.04	683.5	564.24
Net Income to Common	11,294	8,815	6,960	7,084	9,866
Net Income Growth	24.81%	27.32%	1.43%	-25.53%	43.99%
Shares Outstanding (Basic)	10,934	10,934	10,347	10,137	10,137
Shares Outstanding (Diluted)	10,934	10,934	10,934	10,746	10,137
Shares Change (YoY)	-	-	1.75%	6.01%	-
EPS (Basic)	1.03	0.81	0.67	0.70	0.97
EPS (Diluted)	1.03	0.81	0.65	0.67	0.97
EPS Growth	27.76%	24.30%	-3.55%	-30.67%	36.62%
Free Cash Flow	24,092	34,026	-30,888	27,668	56,486
Free Cash Flow Per Share	2.20	3.11	-2.83	2.58	5.57
Dividend Per Share	0.350	0.280	0.220	0.230	0.310
Dividend Growth	25.00%	27.27%	-4.35%	-25.81%	40.91%
Operating Margin	53.41%	47.66%	23.56%	23.29%	35.85%
Profit Margin	40.04%	38.76%	20.12%	20.49%	27.49%
Free Cash Flow Margin	85.41%	149.59%	-89.28%	80.02%	157.38%
Effective Tax Rate	13.14%	4.64%	3.07%	2.54%	17.78%
Revenue as Reported	28,302	22,762	44,962	43,781	35,984

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