CITIC Securities Company Limited (SHA: 600030)

CITIC Securities Company 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	38,364	40,523	52,993	43,258	40,411	32,005
Total Interest Expense	18,314	17,580	15,218	15,237	12,941	11,212
Net Interest Income	20,050	22,943	37,775	28,020	27,470	20,792
Brokerage Commission	-	-	-	40,931	-	-
Trading & Principal Transactions	-	-	-	603.15	-	-
Gain on Sale of Investments (Rev)	9,651	3,574	-13,660	-	-6,391	-2,055
Other Revenue	31,643	32,628	39,765	-	33,462	24,017
Revenue Before Loan Losses	61,343	59,145	63,880	69,554	54,542	42,754
Provision for Loan Losses	-	-	-	-	710.87	359.73
Revenue	61,343	59,145	63,880	69,554	53,831	42,394
Revenue Growth (YoY)	2.36%	-7.41%	-8.16%	29.21%	26.98%	16.91%
Salaries & Employee Benefits	-	-	-	20,762	-	-
Cost of Services Provided	28,026	29,001	28,847	7,110	20,466	17,631
Other Operating Expenses	6,959	5,318	7,827	7,148	6,524	5,976
Total Operating Expenses	34,420	34,267	36,585	35,641	27,426	24,124
Operating Income	26,924	24,878	27,295	33,913	26,405	18,271
Currency Exchange Gains	-1,214	534.7	883.52	-138.2	-329.37	236.84
Other Non-Operating Income (Expenses)	290.42	610.08	822.25	-307.79	-199.9	-
EBT Excluding Unusual Items	26,000	26,023	29,001	34,357	25,876	18,507
Impairment of Goodwill	-	-	-319.13	-2,069	-81.49	-528.48
Asset Writedown	19.06	-0.12	-2.93	-364.79	-91.98	-101.86
Gain (Loss) on Sale of Investments	-297.55	-297.55	-213.56	-29.21	-5,434	-1,015
Other Unusual Items	568.68	459.96	484.66	-	202.63	133.63
Pretax Income	26,286	26,185	28,950	31,894	20,470	16,995
Income Tax Expense	5,364	5,646	6,781	7,889	4,954	4,346
Earnings From Continuing Ops.	20,922	20,539	22,169	24,005	15,517	12,648
Minority Interest in Earnings	-816.46	-818.8	-851.36	-905.46	-614.22	-
Net Income	20,105	19,721	21,317	23,100	14,902	12,648
Preferred Dividends & Other Adjustments	525.16	525.16	497.21	157.64	-	-
Net Income to Common	19,580	19,195	20,820	22,942	14,902	12,648
Net Income Growth	-5.00%	-7.49%	-7.72%	55.01%	17.82%	34.70%
Shares Outstanding (Basic)	14,901	14,821	14,713	13,602	12,860	12,117
Shares Outstanding (Diluted)	14,901	14,821	14,713	13,602	12,860	12,117
Shares Change (YoY)	63.45%	0.73%	8.17%	5.77%	6.13%	-
EPS (Basic)	1.31	1.30	1.42	1.69	1.16	1.04
EPS (Diluted)	1.31	1.30	1.42	1.69	1.16	1.01
EPS Growth	-42.03%	-8.47%	-16.10%	45.55%	14.73%	31.17%
Free Cash Flow	125,748	-42,417	77,219	4,797	101,216	21,548
Free Cash Flow Per Share	8.44	-2.86	5.25	0.35	7.87	1.78
Dividend Per Share	0.715	0.475	0.490	0.540	0.400	0.500
Dividend Growth	45.92%	-3.06%	-9.26%	35.00%	-20.00%	42.86%
Operating Margin	43.89%	42.06%	42.73%	48.76%	49.05%	43.10%
Profit Margin	31.92%	32.46%	32.59%	32.98%	27.68%	29.84%
Free Cash Flow Margin	204.99%	-71.72%	120.88%	6.90%	188.03%	50.83%
Effective Tax Rate	20.41%	21.56%	23.42%	24.73%	24.20%	25.57%
Revenue as Reported	60,403	60,068	65,109	97,324	54,383	43,140

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