Guotai Haitong Securities Co., Ltd. (SHA:601211)

Guotai Haitong Securities Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	49,465	28,106	26,491	22,853	27,372	23,295
Total Interest Expense	18,449	12,707	12,833	10,822	10,162	8,805
Net Interest Income	31,017	15,399	13,658	12,031	17,210	14,490
Gain on Sale of Investments (Rev)	376.4	2,033	-1,350	512.65	358.57	433.29
Other Revenue	34,428	24,966	22,871	22,066	24,697	19,586
Revenue Before Loan Losses	65,821	42,398	35,179	34,609	42,265	34,510
Provision for Loan Losses	2,305	45.94	50.07	-412.6	500.42	620.38
Revenue	63,516	42,352	35,129	35,022	41,764	33,890
Revenue Growth (YoY)	102.49%	20.56%	0.30%	-16.14%	23.24%	18.55%
Cost of Services Provided	26,405	16,462	15,723	13,640	14,340	13,376
Other Operating Expenses	11,040	9,936	7,894	7,943	8,856	5,561
Total Operating Expenses	37,463	26,416	23,681	21,741	23,519	19,008
Operating Income	26,054	15,935	11,448	13,281	18,246	14,882
Currency Exchange Gains	-181.56	172.14	-51.24	118.03	-71.62	61.56
Other Non-Operating Income (Expenses)	-5.67	5.4	-36.86	-30.49	16.83	-
EBT Excluding Unusual Items	25,866	16,113	11,360	13,369	18,191	14,944
Asset Writedown	-103.49	-41.6	-32.4	-24.26	-0.72	-0.06
Legal Settlements	47.28	47.28	8.49	-111.71	-143.56	-6.5
Gain (Loss) on Sale of Investments	-186.56	-186.56	-148.25	209.61	482.55	-621.33
Other Unusual Items	9,362	736.86	961.6	698.5	554.6	535.5
Pretax Income	35,016	16,662	12,148	14,140	19,112	14,872
Income Tax Expense	8,322	3,113	2,262	2,517	3,810	3,135
Earnings From Continuing Ops.	26,694	13,549	9,885	11,623	15,303	11,737
Minority Interest in Earnings	-1,119	-524.68	-511.27	-114.02	-289.06	-614.97
Net Income	25,575	13,024	9,374	11,509	15,013	11,122
Preferred Dividends & Other Adjustments	719.07	719.07	712.05	528	402.5	456.58
Net Income to Common	24,856	12,305	8,662	10,981	14,611	10,666
Net Income Growth	149.04%	38.94%	-18.55%	-23.34%	34.99%	28.77%
Shares Outstanding (Basic)	13,293	8,868	8,844	8,819	8,819	8,865
Shares Outstanding (Diluted)	13,307	8,882	9,047	9,226	9,210	9,233
Shares Change (YoY)	49.03%	-1.83%	-1.94%	0.18%	-0.26%	0.36%
EPS (Basic)	1.87	1.39	0.98	1.25	1.66	1.20
EPS (Diluted)	1.87	1.39	0.97	1.23	1.62	1.19
EPS Growth	73.72%	42.77%	-20.86%	-24.17%	36.39%	31.86%
Free Cash Flow	51,372	54,945	6,038	48,948	9,512	21,434
Free Cash Flow Per Share	3.86	6.19	0.67	5.30	1.03	2.32
Dividend Per Share	0.430	0.430	0.400	0.530	0.680	0.560
Dividend Growth	-21.82%	7.50%	-24.53%	-22.06%	21.43%	43.59%
Operating Margin	41.02%	37.63%	32.59%	37.92%	43.69%	43.91%
Profit Margin	39.13%	29.05%	24.66%	31.35%	34.98%	31.47%
Free Cash Flow Margin	80.88%	129.74%	17.19%	139.76%	22.78%	63.25%
Effective Tax Rate	23.77%	18.69%	18.62%	17.80%	19.93%	21.08%
Revenue as Reported	66,525	43,397	36,141	35,471	42,817	35,200

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