CNFinance Holdings Limited (CNF)

CNFinance Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	1,755	1,755	1,731	1,816	1,855	2,970
Total Interest Expense	723.08	723.08	784.78	775.57	731.32	1,310
Net Interest Income	1,032	1,032	946.58	1,040	1,124	1,660
Gain (Loss) on Sale of Loans & Receivables	-17.19	-17.19	-44.55	-479.58	-50.61	75.96
Gain (Loss) on Sale of Investments	0.78	0.78	20.2	20.27	20.21	46.13
Other Revenue	6.75	6.75	11.57	7.77	1.6	0.86
Revenue Before Loan Losses	1,022	1,022	933.8	588.66	1,095	1,783
Provision for Loan Losses	177.28	177.28	238.08	-298.47	77.35	362.74
Revenue	844.57	844.57	695.71	887.13	1,017	1,421
Salaries & Employee Benefits	204.57	204.57	197.04	211.17	190.37	228.14
Cost of Services Provided	409.7	409.7	367.21	469.67	467.3	256.44
Other Operating Expenses	100.9	100.9	10.31	75.63	96.31	171.35
Total Operating Expenses	722.69	722.69	580.32	775.23	816.05	671.81
Operating Income	121.88	121.88	115.39	111.9	201.32	748.72
EBT Excluding Unusual Items	213.4	213.4	180.3	112.79	195.97	749.37
Pretax Income	205.63	205.63	172.58	93.77	162.7	721.01
Income Tax Expense	41.02	41.02	37.23	28.56	47.85	186.37
Net Income	164.62	164.62	135.35	65.21	114.85	534.64
Net Income to Common	164.62	164.62	135.35	65.21	114.85	534.64
Net Income Growth	21.62%	21.62%	107.57%	-43.23%	-78.52%	-37.90%
Shares Outstanding (Basic)	69	69	69	69	69	69
Shares Outstanding (Diluted)	72	72	76	76	76	73
Shares Change (YoY)	-5.32%	-5.32%	0.08%	0.04%	3.91%	5.65%
EPS (Basic)	2.40	2.40	1.97	0.95	1.67	7.80
EPS (Diluted)	2.20	2.20	1.80	0.95	1.60	7.20
EPS Growth	22.22%	22.22%	89.32%	-40.58%	-77.78%	-41.94%
Free Cash Flow	1,591	1,591	829.36	685.89	1,116	1,295
Free Cash Flow Per Share	22.01	22.01	10.86	8.99	14.64	17.64
Profit Margin	19.49%	19.49%	19.45%	7.35%	11.29%	37.64%
Effective Tax Rate	19.95%	19.95%	21.57%	30.46%	29.41%	25.85%

Source: S&P Capital IQ. Financial Services template.