Cinda Securities 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	3,853	2,566	2,434	2,158	694.62
Total Interest Expense	1,323	1,050	1,045	866.8	-
Net Interest Income	2,530	1,516	1,388	1,291	694.62
Gain on Sale of Investments (Rev)	-341.98	135.88	150.03	-414.44	442.52
Other Revenue	1,824	1,623	1,924	2,547	2,649
Revenue Before Loan Losses	4,012	3,275	3,463	3,424	3,786
Provision for Loan Losses	52.61	22.58	6.85	1.88	-7.29
Revenue	3,960	3,252	3,456	3,422	3,794
Revenue Growth (YoY)	21.75%	-5.89%	1.00%	-9.80%	19.77%
Cost of Services Provided	1,716	1,682	1,768	1,950	2,312
Other Operating Expenses	23.3	12.83	17.83	20.17	21.86
Total Operating Expenses	1,828	1,705	1,783	1,970	2,336
Operating Income	2,132	1,547	1,673	1,452	1,457
Currency Exchange Gains	13.52	-7.91	-1.44	-6.01	3.38
Other Non-Operating Income (Expenses)	0.25	-3.45	-4.45	-10.62	-0.07
EBT Excluding Unusual Items	2,146	1,536	1,667	1,435	1,460
Gain (Loss) on Sale of Investments	3.63	-17.62	47.74	65.63	-11.92
Other Unusual Items	-52.96	18.55	18.91	16.98	9.18
Pretax Income	2,095	1,536	1,735	1,517	1,457
Income Tax Expense	143.5	121.48	192	199.03	245.5
Earnings From Continuing Ops.	1,951	1,415	1,543	1,318	1,212
Minority Interest in Earnings	-57.64	-49.8	-75.71	-90.93	-39.91
Net Income	1,894	1,365	1,467	1,227	1,172
Net Income to Common	1,894	1,365	1,467	1,227	1,172
Net Income Growth	38.74%	-6.95%	19.52%	4.75%	42.95%
Shares Outstanding (Basic)	3,507	3,329	3,189	2,922	2,929
Shares Outstanding (Diluted)	3,507	3,329	3,189	2,922	2,929
Shares Change (YoY)	5.34%	4.39%	9.13%	-0.24%	4.54%
EPS (Basic)	0.54	0.41	0.46	0.42	0.40
EPS (Diluted)	0.54	0.41	0.46	0.42	0.40
EPS Growth	31.71%	-10.87%	9.52%	5.00%	37.93%
Free Cash Flow	1,893	10,198	2,329	7,546	-3,839
Free Cash Flow Per Share	0.54	3.06	0.73	2.58	-1.31
Dividend Per Share	0.087	0.064	0.046	0.044	-
Dividend Growth	35.94%	39.13%	4.54%	-	-
Operating Margin	53.84%	47.57%	48.42%	42.43%	38.41%
Profit Margin	47.82%	41.97%	42.45%	35.87%	30.89%
Free Cash Flow Margin	47.81%	313.58%	67.41%	220.52%	-101.20%
Effective Tax Rate	6.85%	7.91%	11.07%	13.12%	16.85%
Revenue as Reported	4,044	3,292	3,483	3,438	3,803

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