Guosen 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	17,354	17,867	15,934	12,875	14,345	14,957
Total Interest Expense	5,511	5,582	6,262	5,800	5,243	5,110
Net Interest Income	11,843	12,285	9,672	7,075	9,102	9,847
Gain on Sale of Investments (Rev)	420.83	1,153	1,397	1,289	-2,971	1,740
Other Revenue	11,657	10,714	7,760	8,955	9,694	12,205
Revenue Before Loan Losses	23,920	24,153	18,829	17,319	15,825	23,792
Provision for Loan Losses	62.48	62.48	28.23	7.5	-42.15	-46.73
Revenue	23,858	24,090	18,800	17,312	15,867	23,839
Revenue Growth (YoY)	15.90%	28.14%	8.60%	9.10%	-33.44%	27.96%
Cost of Services Provided	10,991	10,999	9,168	7,523	7,317	9,732
Other Operating Expenses	237.44	232.24	222.11	2,586	2,212	2,313
Total Operating Expenses	11,210	11,221	9,392	10,342	9,583	12,372
Operating Income	12,648	12,869	9,408	6,970	6,285	11,467
Currency Exchange Gains	-23.87	-22.22	-4.86	-38.47	3.43	-0.64
Other Non-Operating Income (Expenses)	5.39	4.17	1.39	30.23	37.84	7.82
EBT Excluding Unusual Items	12,630	12,851	9,404	6,962	6,326	11,474
Asset Writedown	3.83	0.11	0.06	0.06	0.04	-
Legal Settlements	-19.78	-19.78	-8.72	-	-	-
Gain (Loss) on Sale of Investments	135.86	135.86	-334.61	-120.83	-238.02	801.59
Other Unusual Items	3.99	4.71	1.01	12.72	131.98	359.19
Pretax Income	12,755	12,973	9,070	6,855	6,222	12,634
Income Tax Expense	1,905	1,899	853.03	427.86	137.58	2,517
Earnings From Continuing Ops.	10,849	11,074	8,217	6,427	6,085	10,117
Minority Interest in Earnings	-0.68	-0.92	-	-	3.4	-2.3
Net Income	10,849	11,073	8,217	6,427	6,088	10,115
Net Income to Common	10,849	11,073	8,217	6,427	6,088	10,115
Net Income Growth	16.44%	34.76%	27.84%	5.57%	-39.81%	52.89%
Shares Outstanding (Basic)	11,114	10,963	11,412	11,902	11,708	10,428
Shares Outstanding (Diluted)	11,114	10,963	11,412	11,902	11,708	10,428
Shares Change (YoY)	3.18%	-3.94%	-4.12%	1.66%	12.28%	13.48%
EPS (Basic)	0.98	1.01	0.72	0.54	0.52	0.97
EPS (Diluted)	0.98	1.01	0.72	0.54	0.52	0.97
EPS Growth	12.85%	40.28%	33.33%	3.85%	-46.39%	34.72%
Free Cash Flow	21,406	16,727	33,420	-48,271	-7,937	-7,319
Free Cash Flow Per Share	1.93	1.53	2.93	-4.06	-0.68	-0.70
Dividend Per Share	0.450	0.450	0.350	0.270	0.270	0.500
Dividend Growth	28.57%	28.57%	29.63%	-	-46.00%	117.39%
Operating Margin	53.02%	53.42%	50.04%	40.26%	39.61%	48.10%
Profit Margin	45.47%	45.96%	43.71%	37.13%	38.37%	42.43%
Free Cash Flow Margin	89.72%	69.43%	177.76%	-278.84%	-50.02%	-30.70%
Effective Tax Rate	14.94%	14.64%	9.40%	6.24%	2.21%	19.93%
Revenue as Reported	23,909	24,143	18,831	17,317	15,876	23,818

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