Nanjing 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	Mar '26 Mar 31, 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	2,710	2,796	2,487	2,106	712.37	2,307
Total Interest Expense	842.51	808.5	611.01	722.99	-679.83	740.96
Net Interest Income	1,868	1,987	1,876	1,383	1,392	1,566
Gain on Sale of Investments (Rev)	-48.88	-99.54	36.29	101.21	-164.6	28.5
Other Revenue	938.31	902.62	795.5	976.75	766.83	1,132
Revenue Before Loan Losses	2,757	2,790	2,708	2,461	1,994	2,727
Provision for Loan Losses	-2.06	-2.06	3.75	2.07	-15.67	53.73
Revenue	2,759	2,793	2,704	2,458	2,010	2,674
Revenue Growth (YoY)	6.59%	3.28%	9.98%	22.31%	-24.82%	17.57%
Cost of Services Provided	1,396	1,437	1,399	1,256	1,181	1,386
Other Operating Expenses	23.72	18.31	11.4	358.68	39.86	27.19
Total Operating Expenses	1,417	1,455	1,410	1,615	1,216	1,414
Operating Income	1,342	1,338	1,294	843.47	794.08	1,260
Currency Exchange Gains	-1.4	-0.84	0.59	0.56	2.95	-0.78
Other Non-Operating Income (Expenses)	-0.78	-	-7.26	-	-	-0.01
EBT Excluding Unusual Items	1,340	1,337	1,287	844.03	797.03	1,259
Asset Writedown	-0.24	-0.24	-0.24	-0.24	-	-
Gain (Loss) on Sale of Investments	-2.94	-2.94	-10.95	-5.22	-10.98	0.85
Other Unusual Items	-0.39	-0.39	2.94	5.03	2.07	2.06
Pretax Income	1,337	1,334	1,279	844.08	786.21	1,260
Income Tax Expense	237.59	251.72	270.4	160.95	136.27	273.78
Earnings From Continuing Ops.	1,100	1,082	1,009	683.13	649.94	985.84
Minority Interest in Earnings	-5.71	-4.66	-7.33	-6.11	-4.27	-8.57
Net Income	1,094	1,078	1,002	677.01	645.67	977.27
Net Income to Common	1,094	1,078	1,002	677.01	645.67	977.27
Net Income Growth	7.72%	7.59%	47.95%	4.85%	-33.93%	20.71%
Shares Outstanding (Basic)	3,898	3,716	3,710	3,761	3,587	3,620
Shares Outstanding (Diluted)	3,898	3,716	3,710	3,761	3,587	3,620
Shares Change (YoY)	7.20%	0.17%	-1.37%	4.85%	-0.90%	7.30%
EPS (Basic)	0.28	0.29	0.27	0.18	0.18	0.27
EPS (Diluted)	0.28	0.29	0.27	0.18	0.18	0.27
EPS Growth	0.49%	7.41%	50.00%	-	-33.33%	12.50%
Free Cash Flow	-929.36	-3,408	2,863	-2,733	1,135	-2,714
Free Cash Flow Per Share	-0.24	-0.92	0.77	-0.73	0.32	-0.75
Dividend Per Share	0.130	0.130	0.128	0.080	0.100	0.100
Dividend Growth	1.56%	1.56%	60.00%	-20.00%	-	-23.08%
Operating Margin	48.65%	47.91%	47.86%	34.31%	39.51%	47.12%
Profit Margin	39.65%	38.59%	37.05%	27.54%	32.12%	36.55%
Free Cash Flow Margin	-33.68%	-122.04%	105.87%	-111.17%	56.46%	-101.52%
Effective Tax Rate	17.77%	18.87%	21.14%	19.07%	17.33%	21.73%
Revenue as Reported	2,772	2,806	2,729	2,476	2,008	2,742

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