CITIC Securities Company Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	52,989	60,508	52,650	40,523	52,993	43,258
Total Interest Expense	18,530	18,605	18,858	17,580	15,218	15,237
Net Interest Income	34,459	41,903	33,793	22,943	37,775	28,020
Brokerage Commission	-	-	-	-	-	40,931
Trading & Principal Transactions	-	-	-	-	-	603.15
Gain on Sale of Investments (Rev)	10,429	-1,158	-6,156	3,574	-13,660	-
Other Revenue	38,490	35,471	26,758	32,628	39,765	-
Revenue Before Loan Losses	83,378	76,215	54,395	59,145	63,880	69,554
Provision for Loan Losses	833.81	833.81	443.64	-	-	-
Revenue	82,544	75,382	53,951	59,145	63,880	69,554
Revenue Growth (YoY)	43.72%	39.72%	-8.78%	-7.41%	-8.16%	29.21%
Salaries & Employee Benefits	-	-	-	-	-	20,762
Cost of Services Provided	34,804	33,114	30,084	29,001	28,847	7,110
Other Operating Expenses	759.7	737.81	621.09	5,318	7,827	7,148
Total Operating Expenses	35,660	33,854	30,740	34,267	36,585	35,641
Operating Income	46,883	41,528	23,211	24,878	27,295	33,913
Currency Exchange Gains	-2,036	-1,569	3,428	534.7	883.52	-138.2
Other Non-Operating Income (Expenses)	-53.24	-	-	610.08	822.25	-307.79
EBT Excluding Unusual Items	44,795	39,959	26,639	26,023	29,001	34,357
Impairment of Goodwill	-	-	-	-	-319.13	-2,069
Asset Writedown	-0.04	-	-20.98	-0.12	-2.93	-364.79
Gain (Loss) on Sale of Investments	-1.33	-1.33	1,592	-297.55	-213.56	-29.21
Other Unusual Items	-125.64	-137.74	-2.57	459.96	484.66	-
Pretax Income	44,669	39,823	28,418	26,185	28,950	31,894
Income Tax Expense	10,028	8,816	5,829	5,646	6,781	7,889
Earnings From Continuing Ops.	34,641	31,007	22,589	20,539	22,169	24,005
Minority Interest in Earnings	-956.62	-930.58	-885.76	-818.8	-851.36	-905.46
Net Income	33,684	30,076	21,704	19,721	21,317	23,100
Preferred Dividends & Other Adjustments	1,039	1,039	805.58	525.16	497.21	157.64
Net Income to Common	32,645	29,037	20,898	19,195	20,820	22,942
Net Income Growth	44.24%	38.58%	10.06%	-7.49%	-7.71%	55.01%
Shares Outstanding (Basic)	14,791	14,821	14,821	14,821	14,713	13,602
Shares Outstanding (Diluted)	14,791	14,821	14,821	14,821	14,713	13,602
Shares Change (YoY)	0.01%	-	-	0.73%	8.17%	5.77%
EPS (Basic)	2.21	1.96	1.41	1.30	1.42	1.69
EPS (Diluted)	2.21	1.96	1.41	1.30	1.42	1.69
EPS Growth	44.77%	38.95%	8.87%	-8.47%	-16.10%	45.55%
Free Cash Flow	201,069	72,610	171,270	-42,417	77,219	4,797
Free Cash Flow Per Share	13.59	4.90	11.56	-2.86	5.25	0.35
Dividend Per Share	0.700	0.700	0.520	0.475	0.490	0.540
Dividend Growth	34.62%	34.62%	9.47%	-3.06%	-9.26%	35.00%
Operating Margin	56.80%	55.09%	43.02%	42.06%	42.73%	48.76%
Profit Margin	39.55%	38.52%	38.73%	32.45%	32.59%	32.98%
Free Cash Flow Margin	243.59%	96.32%	317.45%	-71.72%	120.88%	6.90%
Effective Tax Rate	22.45%	22.14%	20.51%	21.56%	23.42%	24.73%
Revenue as Reported	74,854	74,854	58,119	60,068	65,109	97,324

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