Zheshang Securities Co., Ltd. (SHA:601878)

Zheshang 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	4,679	4,012	3,570	3,372	4,036	3,959
Total Interest Expense	1,474	1,522	1,719	1,627	1,592	1,242
Net Interest Income	3,205	2,490	1,850	1,745	2,445	2,717
Gain on Sale of Investments (Rev)	-334.4	246.84	-59.29	-266.46	85.5	-630.26
Other Revenue	12,022	13,027	15,790	15,287	13,868	8,485
Revenue Before Loan Losses	14,892	15,764	17,581	16,766	16,398	10,571
Provision for Loan Losses	2.68	7.61	2.34	-1.52	13.16	-0.97
Revenue	14,890	15,756	17,579	16,768	16,385	10,572
Revenue Growth (YoY)	-10.20%	-10.37%	4.84%	2.34%	54.98%	87.73%
Cost of Services Provided	4,064	3,996	3,553	2,989	3,795	2,852
Other Operating Expenses	8,274	9,389	11,846	11,716	9,797	5,426
Total Operating Expenses	12,336	13,384	15,400	14,705	13,592	8,280
Operating Income	2,553	2,372	2,179	2,062	2,793	2,292
Currency Exchange Gains	-1.05	-1.03	2.44	3.12	-0.88	-2.7
Other Non-Operating Income (Expenses)	-3.61	13.22	-0.79	4.18	12.55	-13
EBT Excluding Unusual Items	2,549	2,384	2,181	2,070	2,805	2,277
Asset Writedown	-21.71	-	-	-	-	-
Gain (Loss) on Sale of Investments	11.84	11.84	-7.1	8.13	71.73	-171.32
Other Unusual Items	31.51	30.53	27.57	21.19	41.35	35.85
Pretax Income	2,569	2,425	2,202	2,098	2,916	2,166
Income Tax Expense	452.62	418.05	377.81	396.05	720.7	538.94
Earnings From Continuing Ops.	2,116	2,007	1,824	1,702	2,196	1,627
Minority Interest in Earnings	-75.97	-75.06	-70.23	-47.34	-	-
Net Income	2,040	1,932	1,754	1,654	2,196	1,627
Net Income to Common	2,040	1,932	1,754	1,654	2,196	1,627
Net Income Growth	19.09%	10.17%	6.01%	-24.66%	34.94%	68.17%
Shares Outstanding (Basic)	4,168	3,943	3,812	3,847	3,786	3,462
Shares Outstanding (Diluted)	4,340	4,200	4,175	4,035	3,786	3,462
Shares Change (YoY)	3.95%	0.59%	3.48%	6.58%	9.35%	3.77%
EPS (Basic)	0.49	0.49	0.46	0.43	0.58	0.47
EPS (Diluted)	0.47	0.46	0.42	0.41	0.58	0.47
EPS Growth	14.57%	9.52%	2.44%	-29.31%	23.40%	62.07%
Free Cash Flow	1,359	6,001	5,666	274.17	1,471	-1,135
Free Cash Flow Per Share	0.31	1.43	1.36	0.07	0.39	-0.33
Dividend Per Share	0.150	0.150	0.140	0.300	0.130	-
Dividend Growth	7.14%	7.14%	-53.33%	130.77%	-	-
Operating Margin	17.15%	15.05%	12.40%	12.30%	17.05%	21.68%
Profit Margin	13.70%	12.26%	9.98%	9.87%	13.40%	15.39%
Free Cash Flow Margin	9.13%	38.09%	32.23%	1.64%	8.98%	-10.74%
Effective Tax Rate	17.62%	17.24%	17.16%	18.88%	24.71%	24.88%
Revenue as Reported	14,927	15,816	17,638	16,814	16,418	10,637

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.