Huatai Securities Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	35,748	34,108	35,190	27,896	24,204	26,012
Total Interest Expense	11,965	9,518	10,856	13,663	11,111	10,990
Net Interest Income	23,783	24,590	24,334	14,233	13,092	15,022
Brokerage Commission	-	-	-	-	-	22,325
Gain on Sale of Investments (Rev)	1,871	-3,009	-4,862	974.51	-3,214	-
Other Revenue	18,661	15,144	13,099	19,739	19,665	3,555
Revenue Before Loan Losses	44,315	36,725	32,572	34,946	29,544	40,903
Provision for Loan Losses	605.33	605.33	242.75	0.48	-386.41	-0.27
Revenue	43,710	36,120	32,329	34,946	29,930	40,903
Revenue Growth	23.85%	11.72%	-7.49%	16.76%	-26.83%	25.46%
Salaries & Employee Benefits	-	-	-	-	-	11,357
Cost of Services Provided	17,633	16,042	17,434	17,079	16,849	6,361
Other Operating Expenses	745.31	790.28	269.96	5,222	3,526	7,304
Total Operating Expenses	18,225	16,811	17,777	22,363	20,340	26,911
Operating Income	25,485	19,309	14,552	12,582	9,590	13,992
Currency Exchange Gains	-3,972	-1,052	750.3	1,323	2,199	-282.02
Other Non-Operating Income (Expenses)	-53.46	-	-40.86	-153.25	-	28.75
EBT Excluding Unusual Items	21,459	18,257	15,262	13,752	11,789	16,369
Legal Settlements	-18.56	-18.56	-176.07	-570.04	-	-
Gain (Loss) on Sale of Investments	-9.71	-9.71	68.94	473.68	63.98	-96.71
Other Unusual Items	168.3	168.3	193.29	547.06	372.53	-
Pretax Income	21,603	18,405	15,352	14,205	12,228	16,273
Income Tax Expense	2,899	2,032	-166.53	1,168	861.42	2,672
Earnings From Continuing Ops.	18,704	16,373	15,519	13,036	11,367	13,601
Minority Interest in Earnings	-12.35	10.74	-167.71	-285.63	-312.63	-254.79
Net Income	18,691	16,383	15,351	12,751	11,054	13,346
Preferred Dividends & Other Adjustments	796.42	796.42	715.83	583.5	433.88	96.52
Net Income to Common	17,895	15,587	14,635	12,167	10,620	13,250
Net Income Growth	20.53%	6.50%	20.29%	14.57%	-19.85%	22.43%
Shares Outstanding (Basic)	8,998	9,022	9,009	8,996	8,986	8,986
Shares Outstanding (Diluted)	9,469	9,022	9,016	9,007	8,986	8,986
Shares Change	4.87%	0.07%	0.11%	0.23%	-0.00%	-0.46%
EPS (Basic)	1.99	1.73	1.62	1.35	1.18	1.47
EPS (Diluted)	1.89	1.73	1.62	1.33	1.16	1.46
EPS Growth	14.91%	6.41%	22.01%	15.04%	-20.72%	22.58%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	51,000	-13,823	66,362	-33,135	65,733	-68,290
Free Cash Flow Per Share	5.39	-1.53	7.36	-3.68	7.32	-7.60
Dividend Per Share	0.580	0.550	0.520	0.430	0.450	0.450
Dividend Growth	11.54%	5.77%	20.93%	-4.44%	0%	12.50%
Operating Margin	58.30%	53.46%	45.01%	36.00%	32.04%	34.21%
Profit Margin	40.94%	43.15%	45.27%	34.82%	35.48%	32.39%
Free Cash Flow Margin	116.68%	-38.27%	205.27%	-94.82%	219.62%	-166.96%
Effective Tax Rate	13.42%	11.04%	-	8.22%	7.04%	16.42%
Revenue as Reported	40,429	35,810	33,519	36,578	32,032	51,926