China Galaxy Securities Co., Ltd. (SHA:601881)

China Galaxy 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	30,254	25,559	22,106	19,880	11,535	15,795
Total Interest Expense	9,903	10,207	10,286	9,127	-	6,626
Net Interest Income	20,352	15,351	11,821	10,753	11,535	9,169
Brokerage Commission	8,445	8,445	7,582	8,514	-	-
Gain on Sale of Investments (Rev)	-3,491	-	-	-	1,099	-102.39
Other Revenue	11,594	12,763	15,195	15,310	23,259	14,586
Revenue Before Loan Losses	36,899	36,559	34,598	34,577	35,892	23,652
Provision for Loan Losses	-	-	-	-	1.69	41.34
Revenue	36,899	36,559	34,598	34,577	35,890	23,611
Revenue Growth (YoY)	11.36%	5.67%	0.06%	-3.66%	52.01%	35.61%
Salaries & Employee Benefits	7,869	7,869	7,145	7,130	-	-
Cost of Services Provided	14,288	13,866	15,848	16,162	9,857	7,816
Other Operating Expenses	738.4	2,640	2,349	2,174	13,202	6,158
Total Operating Expenses	24,280	25,649	26,446	26,525	23,023	13,988
Operating Income	12,619	10,911	8,152	8,052	12,868	9,623
Currency Exchange Gains	-58.91	-62.91	-3.37	-13.76	26.95	-7.52
Other Non-Operating Income (Expenses)	-58.56	-59.14	-14.42	-271.52	-181.54	-38.4
EBT Excluding Unusual Items	12,497	10,785	8,132	7,767	12,713	9,577
Merger & Restructuring Charges	-0.07	-0.07	-0.02	-0.04	-	-
Asset Writedown	-11.18	-	0.91	-0.9	-	-
Gain (Loss) on Sale of Investments	-127.5	-127.5	35.65	259.8	206.96	-424.9
Other Unusual Items	-142.62	-142.62	-49.62	-52.08	-130.7	-0.11
Pretax Income	12,220	10,519	8,134	7,971	12,791	9,157
Income Tax Expense	805.07	487.71	249.64	202.39	2,274	1,845
Earnings From Continuing Ops.	11,415	10,031	7,884	7,768	10,517	7,312
Minority Interest in Earnings	-0.04	-0.08	-5.24	-0.93	-86.72	-68.47
Net Income	11,415	10,031	7,879	7,768	10,430	7,244
Preferred Dividends & Other Adjustments	1,216	1,216	919.04	683.5	564.24	24.99
Net Income to Common	10,200	8,815	6,960	7,084	9,866	7,219
Net Income Growth	57.21%	27.32%	1.43%	-25.53%	43.99%	38.54%
Shares Outstanding (Basic)	10,551	10,934	10,347	10,137	10,137	10,137
Shares Outstanding (Diluted)	10,551	10,934	10,934	10,746	10,137	10,137
Shares Change (YoY)	-7.23%	-	1.75%	6.01%	-	-
EPS (Basic)	0.97	0.81	0.67	0.70	0.97	0.71
EPS (Diluted)	0.97	0.81	0.65	0.67	0.97	0.71
EPS Growth	69.82%	24.30%	-3.55%	-30.67%	36.62%	37.66%
Free Cash Flow	-82,147	-7,238	-30,888	27,668	56,486	37,281
Free Cash Flow Per Share	-7.79	-0.66	-2.83	2.58	5.57	3.68
Dividend Per Share	0.280	0.280	0.220	0.230	0.310	0.220
Dividend Growth	27.27%	27.27%	-4.35%	-25.81%	40.91%	37.50%
Operating Margin	34.20%	29.84%	23.56%	23.29%	35.85%	40.76%
Profit Margin	27.64%	24.11%	20.12%	20.49%	27.49%	30.57%
Free Cash Flow Margin	-222.63%	-19.80%	-89.28%	80.02%	157.38%	157.90%
Effective Tax Rate	6.59%	4.64%	3.07%	2.54%	17.78%	20.14%
Revenue as Reported	47,101	46,758	44,962	43,781	35,984	23,749

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.