CNFinance Holdings Limited (CNF)

CNFinance Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	1,539	1,755	1,731	1,816	1,855
Total Interest Expense	794.52	723.08	784.78	775.57	731.32
Net Interest Income	744.1	1,032	946.58	1,040	1,124
Gain (Loss) on Sale of Loans & Receivables	-6.5	-17.19	-44.55	-479.58	-50.61
Gain (Loss) on Sale of Investments	-4.13	0.78	20.2	20.27	20.21
Other Revenue	-3.01	6.75	11.57	7.77	1.6
Revenue Before Loan Losses	730.47	1,022	933.8	588.66	1,095
Provision for Loan Losses	105.22	177.28	238.08	-298.47	77.35
Revenue	625.25	844.57	695.71	887.13	1,017
Revenue Growth (YoY)	-25.97%	21.40%	-21.58%	-12.80%	-28.38%
Salaries & Employee Benefits	155.74	204.57	197.04	211.17	190.37
Cost of Services Provided	282.23	409.7	367.21	469.67	467.3
Other Operating Expenses	208.33	100.9	10.31	75.63	96.31
Total Operating Expenses	661.19	722.69	580.32	775.23	816.05
Operating Income	-35.93	121.88	115.39	111.9	201.32
Currency Exchange Gain (Loss)	5.93	3.59	7.36	0.79	-5.35
EBT Excluding Unusual Items	67.13	213.4	180.3	112.79	195.97
Gain (Loss) on Sale of Investments	-	-5.91	-	-	-
Pretax Income	48.29	205.63	172.58	93.77	162.7
Income Tax Expense	10.5	41.02	37.23	28.56	47.85
Net Income	37.78	164.62	135.35	65.21	114.85
Net Income to Common	37.78	164.62	135.35	65.21	114.85
Net Income Growth	-77.05%	21.62%	107.57%	-43.23%	-78.52%
Shares Outstanding (Basic)	69	69	69	69	69
Shares Outstanding (Diluted)	69	72	76	76	76
Shares Change (YoY)	-5.14%	-5.32%	0.08%	0.04%	3.91%
EPS (Basic)	0.55	2.40	1.97	0.95	1.67
EPS (Diluted)	0.55	2.20	1.80	0.95	1.60
EPS Growth	-74.96%	22.22%	89.32%	-40.58%	-77.78%
Free Cash Flow	749.28	1,591	829.36	685.89	1,116
Free Cash Flow Per Share	10.93	22.01	10.86	8.99	14.64
Operating Margin	-5.75%	14.43%	16.59%	12.61%	19.79%
Profit Margin	6.04%	19.49%	19.45%	7.35%	11.29%
Free Cash Flow Margin	119.84%	188.41%	119.21%	77.31%	109.73%
Effective Tax Rate	21.75%	19.95%	21.57%	30.46%	29.41%

Updated Aug 27, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q