Northeast Securities Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	3,560	3,394	2,971	2,817	3,360	2,063
Total Interest Expense	1,037	1,193	1,457	1,301	1,454	-
Net Interest Income	2,523	2,201	1,514	1,516	1,906	2,063
Gain on Sale of Investments (Rev)	361.23	-57.83	52.42	-728.04	608.01	502.07
Other Revenue	4,671	4,329	4,879	4,259	4,955	4,016
Revenue Before Loan Losses	7,555	6,473	6,445	5,047	7,469	6,582
Provision for Loan Losses	1.54	1.54	-157.58	-136.46	-190.74	153.2
Revenue	7,554	6,471	6,603	5,183	7,660	6,429
Revenue Growth (YoY)	67.17%	-1.99%	27.38%	-32.33%	19.16%	-17.17%
Cost of Services Provided	3,287	3,098	3,132	2,931	3,165	2,375
Other Operating Expenses	2,208	2,201	2,706	1,868	2,204	2,166
Total Operating Expenses	5,554	5,311	5,917	4,976	5,592	4,640
Operating Income	2,000	1,160	685.48	206.87	2,068	1,788
Currency Exchange Gains	0.32	1.41	1.34	2.04	-0.57	0.56
Other Non-Operating Income (Expenses)	-38.26	-1.45	8.62	-30.3	-	-
EBT Excluding Unusual Items	1,962	1,160	695.45	178.61	2,068	1,789
Asset Writedown	-3.72	-3.72	-0.5	-1.53	-1.91	-0.99
Gain (Loss) on Sale of Investments	-	-	-	0.07	-0.07	-
Other Unusual Items	32.99	7.63	27.64	23.32	28.01	19.26
Pretax Income	1,992	1,164	722.82	200.38	2,094	1,807
Income Tax Expense	486.16	236.34	27.17	-72.1	387.81	340
Earnings From Continuing Ops.	1,505	927.95	695.65	272.48	1,706	1,467
Minority Interest in Earnings	-38.81	-54.3	-27.2	-41.53	-81.87	-134.14
Net Income	1,467	873.65	668.45	230.94	1,624	1,333
Net Income to Common	1,467	873.65	668.45	230.94	1,624	1,333
Net Income Growth	159.10%	30.70%	189.44%	-85.78%	21.80%	32.40%
Shares Outstanding (Basic)	2,324	2,361	2,305	2,340	2,340	2,339
Shares Outstanding (Diluted)	2,324	2,361	2,305	2,340	2,340	2,339
Shares Change (YoY)	-1.23%	2.44%	-1.49%	-0.02%	0.05%	-0.12%
EPS (Basic)	0.63	0.37	0.29	0.10	0.69	0.57
EPS (Diluted)	0.63	0.37	0.29	0.10	0.69	0.57
EPS Growth	162.32%	27.59%	193.82%	-85.78%	21.74%	32.56%
Free Cash Flow	39.68	10,757	-2,176	2,443	4,095	2,185
Free Cash Flow Per Share	0.02	4.56	-0.94	1.04	1.75	0.93
Dividend Per Share	0.170	0.120	0.100	0.100	0.100	0.100
Dividend Growth	13.33%	20.00%	-	-	-	-
Operating Margin	26.48%	17.92%	10.38%	3.99%	27.00%	27.82%
Profit Margin	19.42%	13.50%	10.12%	4.46%	21.20%	20.74%
Free Cash Flow Margin	0.53%	166.23%	-32.96%	47.14%	53.46%	33.99%
Effective Tax Rate	24.41%	20.30%	3.76%	-	18.52%	18.81%
Revenue as Reported	7,585	6,505	6,475	5,077	7,478	6,610

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.