Cinda Securities Co., Ltd. (SHA: 601059)

Cinda 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	2,161	2,434	2,158	694.62	1,942	1,668
Total Interest Expense	1,054	1,045	866.8	-	775.63	844.61
Net Interest Income	1,107	1,388	1,291	694.62	1,166	823.44
Gain on Sale of Investments (Rev)	343.05	150.03	-414.44	442.52	-149.54	78.84
Other Revenue	1,710	1,924	2,547	2,649	2,155	1,304
Revenue Before Loan Losses	3,160	3,463	3,424	3,786	3,172	2,206
Provision for Loan Losses	21.11	6.85	1.88	-7.29	4.21	-9.67
Revenue	3,139	3,456	3,422	3,794	3,167	2,216
Revenue Growth (YoY)	-11.15%	1.00%	-9.80%	19.77%	42.95%	33.74%
Cost of Services Provided	1,619	1,768	1,950	2,312	2,036	1,573
Other Operating Expenses	14.96	17.83	20.17	21.86	19.44	-6.4
Total Operating Expenses	1,635	1,783	1,970	2,336	2,056	1,569
Operating Income	1,504	1,673	1,452	1,457	1,111	646.66
Currency Exchange Gains	-4.24	-1.44	-6.01	3.38	-18.61	-1.22
Other Non-Operating Income (Expenses)	-11.65	-4.45	-10.62	-0.07	-0.12	-90.48
EBT Excluding Unusual Items	1,488	1,667	1,435	1,460	1,093	554.96
Asset Writedown	-	-	-	-	-	-0.73
Legal Settlements	-	-	-	-	3.5	-
Gain (Loss) on Sale of Investments	24.62	47.74	65.63	-11.92	-142.79	-322.46
Other Unusual Items	31.49	18.91	16.98	9.18	2.96	0.41
Pretax Income	1,545	1,735	1,517	1,457	954.13	230.48
Income Tax Expense	144.28	192	199.03	245.5	98.3	44.25
Earnings From Continuing Ops.	1,401	1,543	1,318	1,212	855.83	186.23
Minority Interest in Earnings	-48.89	-75.71	-90.93	-39.91	-36.14	23.84
Net Income	1,352	1,467	1,227	1,172	819.69	210.07
Net Income to Common	1,352	1,467	1,227	1,172	819.69	210.07
Net Income Growth	-7.01%	19.52%	4.75%	42.95%	290.20%	200.28%
Shares Outstanding (Basic)	3,220	3,189	2,922	2,929	2,802	2,569
Shares Outstanding (Diluted)	3,220	3,189	2,922	2,929	2,802	2,569
Shares Change (YoY)	6.31%	9.12%	-0.24%	4.54%	9.08%	-
EPS (Basic)	0.42	0.46	0.42	0.40	0.29	0.08
EPS (Diluted)	0.42	0.46	0.42	0.40	0.29	0.08
EPS Growth	-12.53%	9.52%	5.00%	37.93%	262.50%	-
Free Cash Flow	4,563	2,329	7,546	-3,839	-88.11	4,071
Free Cash Flow Per Share	1.42	0.73	2.58	-1.31	-0.03	1.58
Dividend Per Share	0.083	0.046	0.044	-	-	-
Dividend Growth	88.64%	4.55%	-	-	-	-
Operating Margin	47.92%	48.42%	42.43%	38.41%	35.09%	29.19%
Profit Margin	43.07%	42.45%	35.87%	30.89%	25.88%	9.48%
Free Cash Flow Margin	145.37%	67.41%	220.52%	-101.20%	-2.78%	183.75%
Effective Tax Rate	9.34%	11.07%	13.12%	16.85%	10.30%	19.20%
Revenue as Reported	3,182	3,483	3,438	3,803	3,162	2,223

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