CITIC Securities Company 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	-	52,427	40,523	52,993	43,258
Total Interest Expense	-	18,858	17,580	15,218	15,237
Net Interest Income	-	33,570	22,943	37,775	28,020
Brokerage Commission	-	-	-	-	40,931
Trading & Principal Transactions	-	-	-	-	603.15
Gain on Sale of Investments (Rev)	-	-6,023	3,574	-13,660	-
Other Revenue	74,830	32,519	32,628	39,765	-
Revenue Before Loan Losses	74,830	60,065	59,145	63,880	69,554
Revenue	74,830	60,065	59,145	63,880	69,554
Revenue Growth (YoY)	24.58%	1.56%	-7.41%	-8.16%	29.21%
Salaries & Employee Benefits	-	-	-	-	20,762
Cost of Services Provided	34,690	30,217	29,001	28,847	7,110
Other Operating Expenses	-	6,159	5,318	7,827	7,148
Total Operating Expenses	34,690	36,410	34,267	36,585	35,641
Operating Income	40,140	23,655	24,878	27,295	33,913
Currency Exchange Gains	-	3,428	534.7	883.52	-138.2
Other Non-Operating Income (Expenses)	-352	-443.64	610.08	822.25	-307.79
EBT Excluding Unusual Items	39,788	26,639	26,023	29,001	34,357
Impairment of Goodwill	-	-	-	-319.13	-2,069
Asset Writedown	-	-20.98	-0.12	-2.93	-364.79
Gain (Loss) on Sale of Investments	-	1,592	-297.55	-213.56	-29.21
Other Unusual Items	-	-2.57	459.96	484.66	-
Pretax Income	39,788	28,418	26,185	28,950	31,894
Income Tax Expense	9,737	5,829	5,646	6,781	7,889
Earnings From Continuing Ops.	30,051	22,589	20,539	22,169	24,005
Minority Interest in Earnings	-	-885.76	-818.8	-851.36	-905.46
Net Income	30,051	21,704	19,721	21,317	23,100
Preferred Dividends & Other Adjustments	-	805.58	525.16	497.21	157.64
Net Income to Common	30,051	20,898	19,195	20,820	22,942
Net Income Growth	38.46%	10.06%	-7.49%	-7.71%	55.01%
Shares Outstanding (Basic)	15,332	14,821	14,821	14,713	13,602
Shares Outstanding (Diluted)	15,332	14,821	14,821	14,713	13,602
Shares Change (YoY)	3.45%	-	0.73%	8.17%	5.77%
EPS (Basic)	1.96	1.41	1.30	1.42	1.69
EPS (Diluted)	1.96	1.41	1.30	1.42	1.69
EPS Growth	39.01%	8.87%	-8.47%	-16.10%	45.55%
Free Cash Flow	-	171,270	-42,417	77,219	4,797
Free Cash Flow Per Share	-	11.56	-2.86	5.25	0.35
Dividend Per Share	-	0.520	0.475	0.490	0.540
Dividend Growth	-	9.47%	-3.06%	-9.26%	35.00%
Operating Margin	53.64%	39.38%	42.06%	42.73%	48.76%
Profit Margin	40.16%	34.79%	32.45%	32.59%	32.98%
Free Cash Flow Margin	-	285.14%	-71.72%	120.88%	6.90%
Effective Tax Rate	24.47%	20.51%	21.56%	23.42%	24.73%
Revenue as Reported	-	63,789	60,068	65,109	97,324

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