Nanhua Futures Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	726.71	788.52	780.55	316.59	346.41
Total Interest Expense	38.39	44.29	59.79	39.41	26.54
Net Interest Income	688.32	744.22	720.76	277.18	319.87
Gain on Sale of Investments (Rev)	38.27	-23.88	-73.52	131.65	-19.94
Other Revenue	662.35	4,998	5,587	6,415	10,204
Revenue Before Loan Losses	1,389	5,718	6,235	6,824	10,504
Revenue	1,389	5,718	6,235	6,824	10,504
Revenue Growth (YoY)	-75.71%	-8.28%	-8.64%	-35.03%	6.05%
Cost of Services Provided	775.7	763.71	749.46	622.32	608.19
Other Operating Expenses	34.67	4,412	4,999	5,907	9,559
Total Operating Expenses	837.96	5,194	5,760	6,527	10,176
Operating Income	551.02	524.62	474.62	297.1	328.24
Currency Exchange Gains	-1.47	-8.15	-1.68	-10.61	7.44
Other Non-Operating Income (Expenses)	-4.54	0.46	-	-	-
EBT Excluding Unusual Items	545.01	516.93	472.93	286.48	335.68
Asset Writedown	0.3	-0.76	-0.77	-0.09	-1.94
Other Unusual Items	-	-1.77	-24.75	8.16	-1.16
Pretax Income	545.31	521.66	448.44	294.83	332.61
Income Tax Expense	58.65	63.62	45.62	48.92	90.01
Earnings From Continuing Ops.	486.66	458.04	402.82	245.91	242.6
Minority Interest in Earnings	-0.4	-0.06	-0.97	0.15	1
Net Income	486.26	457.97	401.85	246.06	243.6
Net Income to Common	486.26	457.97	401.85	246.06	243.6
Net Income Growth	6.18%	13.96%	63.32%	1.01%	158.67%
Shares Outstanding (Basic)	608	610	609	610	603
Shares Outstanding (Diluted)	608	610	609	610	603
Shares Change (YoY)	-0.37%	0.20%	-0.20%	1.26%	3.91%
EPS (Basic)	0.80	0.75	0.66	0.40	0.40
EPS (Diluted)	0.80	0.75	0.66	0.40	0.40
EPS Growth	6.67%	13.64%	63.65%	-0.24%	148.94%
Free Cash Flow	6,968	11,851	3,725	1,219	4,889
Free Cash Flow Per Share	11.46	19.43	6.12	2.00	8.11
Dividend Per Share	-	0.076	0.066	0.056	0.040
Dividend Growth	-	15.15%	17.86%	40.00%	-
Operating Margin	39.67%	9.17%	7.61%	4.35%	3.13%
Profit Margin	35.01%	8.01%	6.45%	3.61%	2.32%
Free Cash Flow Margin	501.67%	207.25%	59.75%	17.87%	46.54%
Effective Tax Rate	10.76%	12.20%	10.17%	16.59%	27.06%
Revenue as Reported	1,388	5,712	6,247	6,823	10,515

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.