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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	5,549	5,478	4,486	4,933	4,695	4,408
Total Interest Expense	2,206	2,172	1,755	1,761	1,948	2,173
Net Interest Income	3,343	3,306	2,731	3,172	2,747	2,235
Gain on Sale of Investments (Rev)	-79.78	126.22	-737.61	307.71	154.03	-437.17
Other Revenue	7,668	7,796	8,429	5,670	4,424	3,327
Revenue Before Loan Losses	10,931	11,228	10,422	9,150	7,325	5,125
Provision for Loan Losses	13.94	2.45	23.49	-3.44	11.04	19.18
Revenue	10,917	11,226	10,398	9,153	7,314	5,106
Revenue Growth (YoY)	-5.09%	7.96%	13.60%	25.14%	43.25%	39.32%
Cost of Services Provided	3,701	3,897	3,462	3,662	2,755	2,175
Other Operating Expenses	5,057	4,797	5,114	2,279	1,573	1,360
Total Operating Expenses	8,758	8,694	8,575	5,951	4,348	3,554
Operating Income	2,159	2,532	1,823	3,202	2,966	1,552
Currency Exchange Gains	-5.11	-0.55	6.36	10.68	-3.44	-6.33
Other Non-Operating Income (Expenses)	2.17	-0.17	1.92	1.1	-8.77	-126.24
EBT Excluding Unusual Items	2,156	2,531	1,832	3,214	2,954	1,419
Impairment of Goodwill	-	-	-	-3.31	-	-89.34
Asset Writedown	0.15	0.09	0.04	0.08	0.05	0.08
Gain (Loss) on Sale of Investments	90.32	27.63	317.59	-54.02	-687.22	-8.18
Other Unusual Items	22.4	10.41	42.51	29.31	8.84	11.55
Pretax Income	2,269	2,569	2,192	3,187	2,273	1,334
Income Tax Expense	480.91	556.73	452.4	774.43	559.66	354.33
Earnings From Continuing Ops.	1,788	2,012	1,739	2,412	1,714	979.25
Minority Interest in Earnings	-9.73	-10.3	-4.13	-20.69	-6.38	57.93
Net Income	1,778	2,002	1,735	2,392	1,707	1,037
Net Income to Common	1,778	2,002	1,735	2,392	1,707	1,037
Net Income Growth	-22.91%	15.38%	-27.45%	40.10%	64.61%	189.38%
Shares Outstanding (Basic)	5,021	4,969	4,968	4,021	3,871	3,186
Shares Outstanding (Diluted)	5,021	4,969	4,968	4,021	3,871	3,186
Shares Change (YoY)	2.62%	0.01%	23.54%	3.88%	21.49%	6.22%
EPS (Basic)	0.35	0.40	0.35	0.59	0.44	0.33
EPS (Diluted)	0.35	0.40	0.35	0.59	0.44	0.33
EPS Growth	-25.49%	14.52%	-40.80%	34.09%	35.18%	172.45%
Free Cash Flow	16,425	-10,307	22,966	9,396	-1,529	1,059
Free Cash Flow Per Share	3.27	-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	19.77%	22.55%	17.53%	34.99%	40.55%	30.40%
Profit Margin	16.29%	17.83%	16.69%	26.13%	23.34%	20.31%
Free Cash Flow Margin	150.46%	-91.82%	220.86%	102.65%	-20.91%	20.74%
Effective Tax Rate	21.20%	21.67%	20.64%	24.30%	24.62%	26.57%
Revenue as Reported	10,994	11,281	10,486	9,245	7,356	5,130

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