Nanhua Futures 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	871.48	726.71	830.38	780.55	316.59	346.41
Total Interest Expense	39.14	38.39	44.29	59.79	39.41	26.54
Net Interest Income	832.34	688.32	786.08	720.76	277.18	319.87
Gain on Sale of Investments (Rev)	-8.98	38.27	-23.88	-73.52	131.65	-19.94
Other Revenue	743.29	661.1	599.14	5,587	6,415	10,204
Revenue Before Loan Losses	1,567	1,388	1,361	6,235	6,824	10,504
Revenue	1,567	1,388	1,361	6,235	6,824	10,504
Revenue Growth (YoY)	146.09%	1.94%	-78.16%	-8.64%	-35.03%	6.05%
Cost of Services Provided	827.81	775.73	763.71	749.46	622.32	608.19
Other Operating Expenses	37.26	34.67	54.63	4,999	5,907	9,559
Total Operating Expenses	861.93	837.66	836.28	5,760	6,527	10,176
Operating Income	704.72	550.04	525.07	474.62	297.1	328.24
Currency Exchange Gains	-16.68	-1.47	-8.15	-1.68	-10.61	7.44
Other Non-Operating Income (Expenses)	0.48	0.49	-	-	-	-
EBT Excluding Unusual Items	688.52	549.06	516.93	472.93	286.48	335.68
Asset Writedown	-0.16	-0.09	-0.76	-0.77	-0.09	-1.94
Other Unusual Items	-4.22	-4.09	-1.77	-24.75	8.16	-1.16
Pretax Income	684.31	545.31	521.66	448.44	294.83	332.61
Income Tax Expense	78.15	58.65	63.62	45.62	48.92	90.01
Earnings From Continuing Ops.	606.16	486.66	458.04	402.82	245.91	242.6
Minority Interest in Earnings	-0.87	-0.4	-0.06	-0.97	0.15	1
Net Income	605.29	486.26	457.97	401.85	246.06	243.6
Net Income to Common	605.29	486.26	457.97	401.85	246.06	243.6
Net Income Growth	32.13%	6.18%	13.96%	63.32%	1.01%	158.67%
Shares Outstanding (Basic)	631	608	611	609	610	603
Shares Outstanding (Diluted)	631	608	611	609	610	603
Shares Change (YoY)	3.34%	-0.46%	0.29%	-0.20%	1.26%	3.91%
EPS (Basic)	0.96	0.80	0.75	0.66	0.40	0.40
EPS (Diluted)	0.96	0.80	0.75	0.66	0.40	0.40
EPS Growth	27.86%	6.67%	13.64%	63.65%	-0.24%	148.94%
Free Cash Flow	24,041	6,968	11,851	3,725	1,219	4,889
Free Cash Flow Per Share	38.09	11.46	19.41	6.12	2.00	8.11
Dividend Per Share	0.069	0.069	0.076	0.066	0.056	0.040
Dividend Growth	-9.21%	-9.21%	15.15%	17.86%	40.00%	-
Operating Margin	44.98%	39.64%	38.57%	7.61%	4.35%	3.13%
Profit Margin	38.64%	35.04%	33.64%	6.45%	3.61%	2.32%
Free Cash Flow Margin	1534.53%	502.14%	870.54%	59.75%	17.87%	46.54%
Effective Tax Rate	11.42%	10.76%	12.20%	10.17%	16.59%	27.06%
Revenue as Reported	1,551	1,388	1,354	6,247	6,823	10,515

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