HUAXI 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	3,058	3,201	2,474	2,531	2,647	4,091
Total Interest Expense	899.97	940.63	987.33	1,205	1,215	1,232
Net Interest Income	2,158	2,260	1,487	1,326	1,432	2,859
Gain on Sale of Investments (Rev)	35.28	-11.99	533.77	11.28	-298.54	-565.37
Other Revenue	2,496	2,359	1,880	1,821	2,206	2,811
Revenue Before Loan Losses	4,689	4,607	3,900	3,158	3,339	5,105
Provision for Loan Losses	-9.26	-9.26	1.2	-9.09	23.49	-3.81
Revenue	4,698	4,616	3,899	3,167	3,316	5,109
Revenue Growth (YoY)	8.30%	18.40%	23.12%	-4.49%	-35.10%	9.59%
Cost of Services Provided	2,545	2,595	2,730	2,558	2,546	2,691
Other Operating Expenses	42.56	42.98	50.55	51.87	51.76	56.78
Total Operating Expenses	2,597	2,639	2,780	2,611	2,596	2,749
Operating Income	2,102	1,977	1,119	555.55	719.97	2,359
Currency Exchange Gains	-1.49	-0.89	0.62	0.54	2.79	-0.7
Other Non-Operating Income (Expenses)	0.62	4.97	1.51	3.72	6.27	-8.81
EBT Excluding Unusual Items	2,101	1,981	1,121	559.81	729.04	2,350
Gain (Loss) on Sale of Investments	-55.69	-55.69	-255.7	-98.48	-316.87	-198.04
Other Unusual Items	-14.16	-16.47	28.11	-17.71	48.21	3.67
Pretax Income	2,030	1,909	890.61	442.28	459.94	2,155
Income Tax Expense	468.91	440.25	163.9	22.05	41.89	472.32
Earnings From Continuing Ops.	1,561	1,468	726.71	420.23	418.05	1,682
Minority Interest in Earnings	1.85	1.92	1.26	4.72	4.31	-50.2
Net Income	1,563	1,470	727.97	424.95	422.36	1,632
Net Income to Common	1,563	1,470	727.97	424.95	422.36	1,632
Net Income Growth	73.15%	101.98%	71.30%	0.61%	-74.12%	-14.11%
Shares Outstanding (Basic)	2,597	2,625	2,600	2,656	2,640	2,632
Shares Outstanding (Diluted)	2,597	2,625	2,600	2,656	2,640	2,632
Shares Change (YoY)	-3.01%	0.97%	-2.11%	0.61%	0.28%	-0.26%
EPS (Basic)	0.60	0.56	0.28	0.16	0.16	0.62
EPS (Diluted)	0.60	0.56	0.28	0.16	0.16	0.62
EPS Growth	78.48%	100.00%	75.00%	-	-74.19%	-13.89%
Free Cash Flow	9,813	7,833	5,684	496.99	1,629	3,741
Free Cash Flow Per Share	3.78	2.98	2.19	0.19	0.62	1.42
Dividend Per Share	-	0.209	0.085	0.050	0.030	0.100
Dividend Growth	-	145.88%	70.00%	66.67%	-70.00%	-9.91%
Operating Margin	44.73%	42.83%	28.69%	17.54%	21.71%	46.18%
Profit Margin	33.27%	31.85%	18.67%	13.42%	12.74%	31.95%
Free Cash Flow Margin	208.85%	169.68%	145.78%	15.69%	49.13%	73.23%
Effective Tax Rate	23.10%	23.07%	18.40%	4.99%	9.11%	21.92%
Revenue as Reported	4,696	4,615	3,920	3,181	3,376	5,122

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