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

Zheshang 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	2,882	3,570	3,372	4,036	3,959	2,794
Total Interest Expense	1,622	1,719	1,627	1,592	1,242	1,285
Net Interest Income	1,260	1,850	1,745	2,445	2,717	1,509
Gain on Sale of Investments (Rev)	738.33	-59.29	-266.46	85.5	-630.26	142.05
Other Revenue	14,872	15,790	15,287	13,868	8,485	3,977
Revenue Before Loan Losses	16,870	17,581	16,766	16,398	10,571	5,628
Provision for Loan Losses	-60.65	2.34	-1.52	13.16	-0.97	-3.18
Revenue	16,931	17,579	16,768	16,385	10,572	5,632
Revenue Growth (YoY)	-4.57%	4.84%	2.34%	54.98%	87.73%	51.88%
Cost of Services Provided	3,363	3,553	2,989	3,795	2,852	2,079
Other Operating Expenses	11,516	11,846	11,716	9,797	5,426	2,317
Total Operating Expenses	14,880	15,400	14,705	13,592	8,280	4,399
Operating Income	2,051	2,179	2,062	2,793	2,292	1,233
Currency Exchange Gains	0.06	2.44	3.12	-0.88	-2.7	0.72
Other Non-Operating Income (Expenses)	-0.07	9.19	4.18	12.55	-13	-0.01
EBT Excluding Unusual Items	2,051	2,191	2,070	2,805	2,277	1,233
Gain (Loss) on Sale of Investments	-7.1	-7.1	8.13	71.73	-171.32	31.4
Other Unusual Items	17.59	17.59	21.19	41.35	35.85	21.49
Pretax Income	2,061	2,202	2,098	2,916	2,166	1,289
Income Tax Expense	302.25	377.81	396.05	720.7	538.94	321.25
Earnings From Continuing Ops.	1,758	1,824	1,702	2,196	1,627	967.56
Minority Interest in Earnings	-70.36	-70.23	-47.34	-	-	-
Net Income	1,688	1,754	1,654	2,196	1,627	967.56
Net Income to Common	1,688	1,754	1,654	2,196	1,627	967.56
Net Income Growth	-7.66%	6.01%	-24.66%	34.94%	68.17%	31.29%
Shares Outstanding (Basic)	3,915	3,812	3,847	3,786	3,462	3,336
Shares Outstanding (Diluted)	4,212	4,175	4,035	3,786	3,462	3,336
Shares Change (YoY)	3.54%	3.48%	6.58%	9.35%	3.77%	-0.40%
EPS (Basic)	0.43	0.46	0.43	0.58	0.47	0.29
EPS (Diluted)	0.40	0.42	0.41	0.58	0.47	0.29
EPS Growth	-10.83%	2.44%	-29.31%	23.40%	62.07%	31.82%
Free Cash Flow	3,088	5,666	274.17	1,471	-1,135	300.05
Free Cash Flow Per Share	0.73	1.36	0.07	0.39	-0.33	0.09
Dividend Per Share	0.140	0.140	0.300	0.130	-	0.090
Dividend Growth	7.69%	-53.33%	130.77%	-	-	28.57%
Operating Margin	12.11%	12.40%	12.30%	17.05%	21.68%	21.89%
Profit Margin	9.97%	9.98%	9.87%	13.40%	15.39%	17.18%
Free Cash Flow Margin	18.24%	32.23%	1.64%	8.98%	-10.74%	5.33%
Effective Tax Rate	14.67%	17.16%	18.88%	24.71%	24.88%	24.93%
Revenue as Reported	16,913	17,638	16,814	16,418	10,637	5,659

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