Zhongtai Securities Co., Ltd. (SHA:600918)

Zhongtai Securities Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	7,096	6,723	6,330	6,648	7,501	6,508
Total Interest Expense	2,819	2,965	3,191	3,342	3,310	2,765
Net Interest Income	4,277	3,757	3,139	3,307	4,191	3,743
Gain on Sale of Investments (Rev)	-1,301	-740.03	1,443	-1,372	826.4	428.39
Other Revenue	7,831	7,773	8,025	7,292	7,985	6,094
Revenue Before Loan Losses	10,806	10,790	12,607	9,227	13,003	10,266
Provision for Loan Losses	47.92	47.92	72.02	53.62	38.37	-10.61
Revenue	10,758	10,742	12,534	9,173	12,965	10,277
Revenue Growth (YoY)	-6.62%	-14.30%	36.64%	-29.24%	26.16%	7.59%
Cost of Services Provided	8,109	7,971	8,027	6,092	6,484	5,702
Other Operating Expenses	1,138	1,362	1,575	1,907	1,608	932.2
Total Operating Expenses	9,276	9,382	9,656	8,050	8,123	6,615
Operating Income	1,483	1,361	2,879	1,123	4,842	3,661
Currency Exchange Gains	-16.18	-17.54	-7.08	-28.15	20.88	0.04
Other Non-Operating Income (Expenses)	-25.29	0.09	0.42	-0.29	-0.5	-
EBT Excluding Unusual Items	1,441	1,343	2,872	1,095	4,862	3,661
Asset Writedown	-1.04	-1.04	-8.58	-44.73	83.54	-123.62
Gain (Loss) on Sale of Investments	-181.01	-181.01	-405.87	-379.71	-776.85	-306.44
Other Unusual Items	98.91	98.91	84.69	106.11	89.8	37.01
Pretax Income	1,358	1,262	2,557	781.93	4,299	3,275
Income Tax Expense	213.35	180.23	495.67	78.53	999.24	693.97
Earnings From Continuing Ops.	1,145	1,081	2,061	703.4	3,299	2,581
Minority Interest in Earnings	-169.04	-144.11	-261.38	-113.2	-99.36	-56.01
Net Income	975.77	937.29	1,800	590.21	3,200	2,525
Net Income to Common	975.77	937.29	1,800	590.21	3,200	2,525
Net Income Growth	-0.28%	-47.92%	204.94%	-81.56%	26.72%	12.26%
Shares Outstanding (Basic)	8,299	8,521	7,499	7,378	6,957	7,015
Shares Outstanding (Diluted)	8,299	8,521	7,499	7,378	6,957	7,015
Shares Change (YoY)	6.82%	13.62%	1.65%	6.05%	-0.83%	-6.45%
EPS (Basic)	0.12	0.11	0.24	0.08	0.46	0.36
EPS (Diluted)	0.12	0.11	0.24	0.08	0.46	0.36
EPS Growth	-6.65%	-54.17%	200.00%	-82.61%	27.78%	20.00%
Free Cash Flow	16,331	27,305	-1,663	14,819	-225.2	1,939
Free Cash Flow Per Share	1.97	3.20	-0.22	2.01	-0.03	0.28
Dividend Per Share	0.035	0.035	0.030	0.026	0.063	0.109
Dividend Growth	16.67%	16.67%	15.38%	-58.73%	-42.20%	-
Operating Margin	13.78%	12.67%	22.96%	12.25%	37.35%	35.63%
Profit Margin	9.07%	8.72%	14.36%	6.43%	24.68%	24.57%
Free Cash Flow Margin	151.80%	254.18%	-13.26%	161.55%	-1.74%	18.87%
Effective Tax Rate	15.71%	14.29%	19.39%	10.04%	23.25%	21.19%
Revenue as Reported	10,897	10,891	12,762	9,325	13,150	10,352

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.