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	Jun '26 Jun 30, 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	14,420	17,867	15,934	12,875	14,345	14,957
Total Interest Expense	2,729	5,582	6,262	5,800	5,243	5,110
Net Interest Income	11,691	12,285	9,672	7,075	9,102	9,847
Gain on Sale of Investments (Rev)	988.83	1,153	1,397	1,289	-2,971	1,740
Other Revenue	13,116	10,714	7,760	8,955	9,694	12,205
Revenue Before Loan Losses	25,796	24,153	18,829	17,319	15,825	23,792
Provision for Loan Losses	67.79	62.48	28.23	7.5	-42.15	-46.73
Revenue	25,728	24,090	18,800	17,312	15,867	23,839
Revenue Growth	14.61%	28.14%	8.60%	9.10%	-33.44%	27.96%
Cost of Services Provided	11,366	10,999	9,168	7,523	7,317	9,732
Other Operating Expenses	366.87	232.24	222.11	2,586	2,212	2,313
Total Operating Expenses	11,729	11,221	9,392	10,342	9,583	12,372
Operating Income	13,999	12,869	9,408	6,970	6,285	11,467
Currency Exchange Gains	-36.88	-22.22	-4.86	-38.47	3.43	-0.64
Other Non-Operating Income (Expenses)	1.25	4.17	1.39	30.23	37.84	7.82
EBT Excluding Unusual Items	13,963	12,851	9,404	6,962	6,326	11,474
Asset Writedown	0.05	0.11	0.06	0.06	0.04	-
Legal Settlements	-19.78	-19.78	-8.72	-	-	-
Gain (Loss) on Sale of Investments	165.4	135.86	-334.61	-120.83	-238.02	801.59
Other Unusual Items	22.19	4.71	1.01	12.72	131.98	359.19
Pretax Income	14,131	12,973	9,070	6,855	6,222	12,634
Income Tax Expense	2,694	1,899	853.03	427.86	137.58	2,517
Earnings From Continuing Ops.	11,437	11,074	8,217	6,427	6,085	10,117
Minority Interest in Earnings	-0.35	-0.92	-	-	3.4	-2.3
Net Income	11,437	11,073	8,217	6,427	6,088	10,115
Net Income to Common	12,065	11,073	8,217	6,427	6,088	10,115
Net Income Growth	22.89%	34.76%	27.84%	5.57%	-39.81%	52.89%
Shares Outstanding (Basic)	11,776	10,963	11,412	11,902	11,708	10,428
Shares Outstanding (Diluted)	11,776	10,963	11,412	11,902	11,708	10,428
Shares Change	15.65%	-3.94%	-4.12%	1.66%	12.28%	13.48%
EPS (Basic)	1.02	1.01	0.72	0.54	0.52	0.97
EPS (Diluted)	1.02	1.01	0.72	0.54	0.52	0.97
EPS Growth	6.58%	40.28%	33.33%	3.85%	-46.39%	34.72%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	12,650	16,727	33,420	-48,271	-7,937	-7,319
Free Cash Flow Per Share	1.07	1.53	2.93	-4.06	-0.68	-0.70
Dividend Per Share	0.350	0.450	0.350	0.270	0.270	0.500
Dividend Growth	-22.22%	28.57%	29.63%	0%	-46.00%	117.39%
Operating Margin	54.41%	53.42%	50.04%	40.26%	39.61%	48.10%
Profit Margin	46.89%	45.96%	43.71%	37.13%	38.37%	42.43%
Free Cash Flow Margin	49.17%	69.43%	177.76%	-278.84%	-50.02%	-30.70%
Effective Tax Rate	19.06%	14.64%	9.40%	6.24%	2.21%	19.93%
Revenue as Reported	25,754	24,143	18,831	17,317	15,876	23,818