Soochow Securities Co., Ltd. (SHA: 601555)

Soochow 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	5,892	5,478	4,486	4,933	4,695	4,408
Total Interest Expense	2,177	2,172	1,755	1,761	1,948	2,173
Net Interest Income	3,715	3,306	2,731	3,172	2,747	2,235
Gain on Sale of Investments (Rev)	369.08	126.22	-737.61	307.71	154.03	-437.17
Other Revenue	7,586	7,796	8,429	5,670	4,424	3,327
Revenue Before Loan Losses	11,670	11,228	10,422	9,150	7,325	5,125
Provision for Loan Losses	2.45	2.45	23.49	-3.44	11.04	19.18
Revenue	11,667	11,226	10,398	9,153	7,314	5,106
Revenue Growth (YoY)	19.56%	7.96%	13.60%	25.14%	43.25%	39.32%
Cost of Services Provided	3,753	3,897	3,462	3,662	2,755	2,175
Other Operating Expenses	5,063	4,797	5,114	2,279	1,573	1,360
Total Operating Expenses	8,966	8,694	8,575	5,951	4,348	3,554
Operating Income	2,701	2,532	1,823	3,202	2,966	1,552
Currency Exchange Gains	-15.87	-0.55	6.36	10.68	-3.44	-6.33
Other Non-Operating Income (Expenses)	-27.19	-0.17	1.92	1.1	-8.77	-126.24
EBT Excluding Unusual Items	2,658	2,531	1,832	3,214	2,954	1,419
Impairment of Goodwill	-	-	-	-3.31	-	-89.34
Asset Writedown	0.09	0.09	0.04	0.08	0.05	0.08
Gain (Loss) on Sale of Investments	27.63	27.63	317.59	-54.02	-687.22	-8.18
Other Unusual Items	16.04	10.41	42.51	29.31	8.84	11.55
Pretax Income	2,700	2,569	2,192	3,187	2,273	1,334
Income Tax Expense	602.54	556.73	452.4	774.43	559.66	354.33
Earnings From Continuing Ops.	2,098	2,012	1,739	2,412	1,714	979.25
Minority Interest in Earnings	-9.66	-10.3	-4.13	-20.69	-6.38	57.93
Net Income	2,088	2,002	1,735	2,392	1,707	1,037
Net Income to Common	2,088	2,002	1,735	2,392	1,707	1,037
Net Income Growth	-7.00%	15.38%	-27.45%	40.10%	64.61%	189.38%
Shares Outstanding (Basic)	4,941	4,969	4,968	4,021	3,871	3,186
Shares Outstanding (Diluted)	4,941	4,969	4,968	4,021	3,871	3,186
Shares Change (YoY)	-1.22%	0.01%	23.54%	3.88%	21.49%	6.22%
EPS (Basic)	0.42	0.40	0.35	0.59	0.44	0.33
EPS (Diluted)	0.42	0.40	0.35	0.59	0.44	0.33
EPS Growth	-6.51%	14.52%	-40.80%	34.09%	35.18%	172.45%
Free Cash Flow	33,618	-10,307	22,966	9,396	-1,529	1,059
Free Cash Flow Per Share	6.80	-2.07	4.62	2.34	-0.40	0.33
Dividend Per Share	0.263	0.188	0.158	0.168	0.157	0.130
Dividend Growth	66.46%	18.99%	-5.95%	7.01%	20.77%	44.44%
Operating Margin	23.15%	22.55%	17.53%	34.99%	40.55%	30.40%
Profit Margin	17.90%	17.83%	16.69%	26.13%	23.34%	20.31%
Free Cash Flow Margin	288.14%	-91.82%	220.86%	102.65%	-20.91%	20.74%
Effective Tax Rate	22.31%	21.67%	20.64%	24.30%	24.62%	26.57%
Revenue as Reported	11,681	11,281	10,486	9,245	7,356	5,130

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