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

Soochow 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	6,209	5,567	5,478	4,486	4,933	4,695
Total Interest Expense	1,994	2,063	2,172	1,755	1,761	1,948
Net Interest Income	4,214	3,504	3,306	2,731	3,172	2,747
Gain on Sale of Investments (Rev)	529.77	630.64	126.22	-737.61	307.71	154.03
Other Revenue	7,624	7,359	7,796	8,429	5,670	4,424
Revenue Before Loan Losses	12,368	11,494	11,228	10,422	9,150	7,325
Provision for Loan Losses	-4.83	-4.83	2.45	23.49	-3.44	11.04
Revenue	12,373	11,499	11,226	10,398	9,153	7,314
Revenue Growth (YoY)	10.37%	2.43%	7.96%	13.61%	25.14%	43.25%
Cost of Services Provided	3,951	3,816	3,897	3,462	3,662	2,755
Other Operating Expenses	4,648	4,531	4,797	5,114	2,279	1,573
Total Operating Expenses	8,552	8,354	8,694	8,575	5,951	4,348
Operating Income	3,820	3,145	2,532	1,823	3,202	2,966
Currency Exchange Gains	-5.88	-3.51	-0.55	6.36	10.68	-3.44
Other Non-Operating Income (Expenses)	-14.13	-1.07	-0.17	1.92	1.1	-8.77
EBT Excluding Unusual Items	3,800	3,140	2,531	1,832	3,214	2,954
Impairment of Goodwill	-	-	-	-	-3.31	-
Asset Writedown	0.16	0.16	0.09	0.04	0.08	0.05
Gain (Loss) on Sale of Investments	-130.54	-130.54	27.63	317.59	-54.02	-687.22
Other Unusual Items	12.82	4.99	10.41	42.51	29.31	8.84
Pretax Income	3,685	3,015	2,569	2,192	3,187	2,273
Income Tax Expense	771.14	625.84	556.73	452.4	774.43	559.66
Earnings From Continuing Ops.	2,914	2,389	2,012	1,739	2,412	1,714
Minority Interest in Earnings	-23.7	-22.81	-10.3	-4.13	-20.69	-6.38
Net Income	2,890	2,366	2,002	1,735	2,392	1,707
Net Income to Common	2,890	2,366	2,002	1,735	2,392	1,707
Net Income Growth	54.14%	18.19%	15.38%	-27.45%	40.10%	64.61%
Shares Outstanding (Basic)	4,927	4,969	4,969	4,968	4,021	3,871
Shares Outstanding (Diluted)	4,927	4,969	4,969	4,968	4,021	3,871
Shares Change (YoY)	-1.86%	-	0.01%	23.54%	3.88%	21.49%
EPS (Basic)	0.59	0.48	0.40	0.35	0.59	0.44
EPS (Diluted)	0.59	0.48	0.40	0.35	0.59	0.44
EPS Growth	58.30%	19.05%	14.52%	-40.80%	34.09%	35.18%
Free Cash Flow	21,581	30,437	-10,307	22,966	9,396	-1,529
Free Cash Flow Per Share	4.38	6.13	-2.07	4.62	2.34	-0.40
Dividend Per Share	0.312	0.312	0.188	0.158	0.168	0.157
Dividend Growth	65.96%	65.96%	18.99%	-5.95%	7.01%	20.77%
Operating Margin	30.88%	27.35%	22.55%	17.53%	34.99%	40.55%
Profit Margin	23.36%	20.58%	17.83%	16.69%	26.13%	23.34%
Free Cash Flow Margin	174.42%	264.70%	-91.82%	220.86%	102.65%	-20.91%
Effective Tax Rate	20.93%	20.76%	21.67%	20.64%	24.30%	24.62%
Revenue as Reported	12,400	11,534	11,281	10,486	9,245	7,356

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