Zhongtai Securities Co., Ltd. (SHA: 600918)

Zhongtai 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	6,250	6,330	6,648	7,501	6,508	6,421
Total Interest Expense	3,103	3,191	3,342	3,310	2,765	3,190
Net Interest Income	3,147	3,139	3,307	4,191	3,743	3,231
Gain on Sale of Investments (Rev)	447.68	1,443	-1,372	826.4	428.39	749.29
Other Revenue	7,245	8,025	7,292	7,985	6,094	5,672
Revenue Before Loan Losses	10,838	12,607	9,227	13,003	10,266	9,653
Provision for Loan Losses	72.02	72.02	53.62	38.37	-10.61	100.88
Revenue	10,766	12,534	9,173	12,965	10,277	9,552
Revenue Growth (YoY)	-2.20%	36.64%	-29.24%	26.15%	7.59%	40.27%
Cost of Services Provided	8,123	8,027	6,092	6,484	5,702	5,025
Other Operating Expenses	1,588	1,575	1,907	1,608	932.2	1,561
Total Operating Expenses	9,731	9,656	8,050	8,123	6,615	6,684
Operating Income	1,035	2,879	1,123	4,842	3,661	2,868
Currency Exchange Gains	-18.19	-7.08	-28.15	20.88	0.04	-13.53
Other Non-Operating Income (Expenses)	-77.12	0.42	-0.29	-0.5	-	-
EBT Excluding Unusual Items	939.33	2,872	1,095	4,862	3,661	2,855
Asset Writedown	-8.58	-8.58	-44.73	83.54	-123.62	-28.87
Gain (Loss) on Sale of Investments	-405.87	-405.87	-379.71	-776.85	-306.44	-40.12
Other Unusual Items	84.69	84.69	106.11	89.8	37.01	49.25
Pretax Income	624.27	2,557	781.93	4,299	3,275	2,833
Income Tax Expense	-16.63	495.67	78.53	999.24	693.97	539.39
Earnings From Continuing Ops.	640.9	2,061	703.4	3,299	2,581	2,294
Minority Interest in Earnings	-231.72	-261.38	-113.2	-99.36	-56.01	-44.53
Net Income	409.18	1,800	590.21	3,200	2,525	2,249
Net Income to Common	409.18	1,800	590.21	3,200	2,525	2,249
Net Income Growth	-73.69%	204.94%	-81.56%	26.72%	12.26%	122.91%
Shares Outstanding (Basic)	8,321	7,499	7,378	6,957	7,015	7,498
Shares Outstanding (Diluted)	8,321	7,499	7,378	6,957	7,015	7,498
Shares Change (YoY)	11.18%	1.65%	6.05%	-0.83%	-6.45%	19.56%
EPS (Basic)	0.05	0.24	0.08	0.46	0.36	0.30
EPS (Diluted)	0.05	0.24	0.08	0.46	0.36	0.30
EPS Growth	-76.34%	200.00%	-82.61%	27.78%	20.00%	86.45%
Free Cash Flow	25,680	-1,663	14,819	-225.2	1,939	10,990
Free Cash Flow Per Share	3.09	-0.22	2.01	-0.03	0.28	1.47
Dividend Per Share	0.040	0.030	0.026	0.063	0.109	-
Dividend Growth	53.85%	15.38%	-58.73%	-42.20%	-	-
Operating Margin	9.61%	22.97%	12.25%	37.35%	35.63%	30.03%
Profit Margin	3.80%	14.36%	6.43%	24.68%	24.57%	23.55%
Free Cash Flow Margin	238.53%	-13.27%	161.55%	-1.74%	18.86%	115.06%
Effective Tax Rate	-	19.39%	10.04%	23.25%	21.19%	19.04%
Revenue as Reported	10,910	12,762	9,325	13,150	10,352	9,709

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