Guosheng 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	879.33	741.57	642.48	672.58	741.9	789.14
Total Interest Expense	445.16	413.08	317.44	376.24	406.2	502.01
Net Interest Income	434.17	328.5	325.04	296.34	335.69	287.13
Other Revenue	1,719	1,265	1,231	1,221	1,606	1,417
Revenue Before Loan Losses	2,154	1,594	1,556	1,518	1,942	1,704
Provision for Loan Losses	0.8	0.8	0.33	0.84	0.14	0.47
Revenue	2,153	1,593	1,556	1,517	1,941	1,704
Revenue Growth (YoY)	54.85%	2.39%	2.56%	-21.86%	13.96%	70.95%
Cost of Services Provided	1,883	1,687	1,751	1,763	2,043	1,917
Other Operating Expenses	15.5	10.64	2.98	2.99	8.74	8.9
Total Operating Expenses	1,816	1,716	1,775	1,765	2,052	1,952
Operating Income	336.93	-123.49	-219.49	-248.08	-110.93	-248.11
Currency Exchange Gains	0.26	0.34	0.29	1.59	-0.5	-1.21
Other Non-Operating Income (Expenses)	339.51	449.04	197.15	181.24	368.75	397.79
EBT Excluding Unusual Items	676.7	325.9	-22.05	-65.24	257.32	148.47
Impairment of Goodwill	-	-	-	-100.8	-	-
Asset Writedown	1.55	-0.63	-0.91	-0.4	-0.04	-2.8
Gain (Loss) on Sale of Investments	-180.53	-118.53	18.15	-273.39	-61.35	-475.95
Other Unusual Items	15.44	14.24	22.71	11.91	7.48	3.96
Pretax Income	512.47	222.52	18.92	-427.9	204.06	-326.28
Income Tax Expense	186.19	55.19	49.22	9.31	127.54	40.15
Earnings From Continuing Ops.	326.28	167.33	-30.3	-437.21	76.51	-366.44
Net Income to Company	326.28	167.33	-30.3	-437.21	76.51	-366.44
Minority Interest in Earnings	0.06	0.08	0.31	0.46	0.38	0.56
Net Income	326.35	167.41	-29.98	-436.75	76.89	-365.88
Net Income to Common	326.35	167.41	-29.98	-436.75	76.89	-365.88
Net Income Growth	5859.80%	-	-	-	-	-
Shares Outstanding (Basic)	1,937	1,935	1,934	1,935	1,937	1,935
Shares Outstanding (Diluted)	1,937	1,935	1,934	1,935	1,937	1,935
Shares Change (YoY)	0.29%	0.05%	-0.03%	-0.09%	0.10%	0.08%
EPS (Basic)	0.17	0.09	-0.02	-0.23	0.04	-0.19
EPS (Diluted)	0.17	0.09	-0.02	-0.23	0.04	-0.19
EPS Growth	5843.42%	-	-	-	-	-
Free Cash Flow	803.3	4,548	505.96	-1,964	2,836	4,197
Free Cash Flow Per Share	0.41	2.35	0.26	-1.01	1.46	2.17
Operating Margin	15.65%	-7.75%	-14.11%	-16.35%	-5.71%	-14.56%
Profit Margin	15.16%	10.51%	-1.93%	-28.79%	3.96%	-21.48%
Free Cash Flow Margin	37.31%	285.49%	32.52%	-129.47%	146.07%	246.37%
Effective Tax Rate	36.33%	24.80%	260.10%	-	62.50%	-
Revenue as Reported	2,599	2,007	1,874	1,894	2,348	2,206

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