The Pacific Securities Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	702.32	533.18	566.4	714.4	886.61	1,061
Total Interest Expense	27.04	26.88	42.84	82.64	200.97	450.41
Net Interest Income	675.28	506.3	523.56	631.76	685.64	610.67
Gain on Sale of Investments (Rev)	49.24	93.61	242.5	-105.38	139.03	-281.15
Other Revenue	764.85	716.05	603.4	640.22	802.84	838.91
Revenue Before Loan Losses	1,489	1,316	1,370	1,167	1,628	1,168
Provision for Loan Losses	0.11	0.11	0.17	-0.13	0.87	0.07
Revenue	1,489	1,316	1,369	1,167	1,627	1,168
Revenue Growth (YoY)	24.12%	-3.91%	17.37%	-28.27%	39.22%	-33.88%
Cost of Services Provided	1,006	999.93	979.18	1,015	1,136	1,077
Other Operating Expenses	9.92	8.58	6.34	9.37	12.56	14.13
Total Operating Expenses	1,007	985.17	990.23	1,219	1,397	1,996
Operating Income	482.54	330.69	379.13	-52.34	229.57	-827.79
Currency Exchange Gains	0.21	0.25	0.25	1.26	-0.33	-0.96
Other Non-Operating Income (Expenses)	-3.26	-	-	-	-	-
EBT Excluding Unusual Items	479.49	330.94	379.38	-51.08	229.24	-828.74
Asset Writedown	-1.06	-0.98	-	-	-	-
Legal Settlements	-	-	-	-	-16.32	-
Gain (Loss) on Sale of Investments	-1.17	-1.17	-45.93	-451.55	-23.79	138.71
Other Unusual Items	-14.82	-16.51	-6.86	-11.1	1.62	-381.03
Pretax Income	460.95	311.9	325.93	-515.03	190.39	-1,071
Income Tax Expense	131.64	91.87	74.84	-51.74	56.59	-315.57
Earnings From Continuing Ops.	329.31	220.03	251.09	-463.28	133.81	-755.76
Minority Interest in Earnings	0.11	0.02	-0.54	4.17	-12.49	-4.79
Net Income	329.42	220.05	250.55	-459.12	121.31	-760.55
Net Income to Common	329.42	220.05	250.55	-459.12	121.31	-760.55
Net Income Growth	142.52%	-12.17%	-	-	-	-
Shares Outstanding (Basic)	6,884	6,877	6,772	6,852	6,740	6,791
Shares Outstanding (Diluted)	6,884	6,877	6,772	6,852	6,740	6,791
Shares Change (YoY)	1.32%	1.55%	-1.18%	1.67%	-0.75%	-0.25%
EPS (Basic)	0.05	0.03	0.04	-0.07	0.02	-0.11
EPS (Diluted)	0.05	0.03	0.04	-0.07	0.02	-0.11
EPS Growth	139.36%	-13.51%	-	-	-	-
Free Cash Flow	1,147	2,107	353.87	27.28	2,160	4,019
Free Cash Flow Per Share	0.17	0.31	0.05	0.00	0.32	0.59
Operating Margin	32.40%	25.13%	27.69%	-4.49%	14.11%	-70.85%
Profit Margin	22.12%	16.72%	18.30%	-39.35%	7.46%	-65.09%
Free Cash Flow Margin	77.03%	160.11%	25.84%	2.34%	132.79%	343.97%
Effective Tax Rate	28.56%	29.45%	22.96%	-	29.72%	-
Revenue as Reported	1,491	1,319	1,371	1,172	1,630	1,172

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.