China Minsheng Banking Corp., Ltd. (01988.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	317.6B	265.6B	288.7B	305.5B	297.9B
Cost of Revenue	165.9B	122.7B	152.4B	164.7B	155.5B
Gross Profit	151.7B	142.9B	136.3B	140.8B	142.5B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	53.1B	51.0B	13.2B	41.7B	42.4B
General & Admin Expense	73.7B	51.0B	13.2B	41.7B	42.4B
Selling & Marketing Expense	(20.7B)	—	—	—	—
Other Expenses	55.9B	59.6B	89.0B	61.8B	62.9B
Total Operating Expenses	109.0B	110.6B	102.2B	103.5B	105.3B
Cost and Expenses	274.9B	233.3B	254.6B	268.2B	260.8B
Operating Income (EBIT)	42.8B	32.3B	34.1B	37.4B	37.2B
Non-Operating
Interest Income	264.3B	222.9B	251.1B	267.1B	262.9B
Interest Expense	135.9B	122.7B	152.4B	164.7B	155.5B
Net Interest Income	128.4B	100.1B	98.7B	102.4B	107.5B
Other Non-Op Income/Expense	(1.3B)	—	—	—	—
Non-Operating Income (excl Interest)	8.3B	—	—	—	—
EBT (Pre-Tax Income)	42.8B	32.3B	34.1B	37.4B	37.2B
Income Tax Expense	3.2B	1.7B	1.4B	1.4B	1.4B
Bottom Line
Net Income	40.0B	30.6B	32.3B	35.8B	35.3B
Earnings from Cont. Ops	39.6B	30.6B	32.7B	36.0B	35.8B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	39.3B	30.6B	32.3B	35.8B	35.3B
Per Share
Basic EPS	HK$0.84	HK$0.63	HK$0.70	HK$0.72	HK$0.71
Diluted EPS	HK$0.84	HK$0.63	HK$0.70	HK$0.72	HK$0.71
Revenue Per Share	HK$7.25	HK$5.47	HK$6.29	HK$6.66	HK$6.49
Shares
Basic Shares Outstanding	43.8B	48.5B	45.9B	45.9B	45.9B
Diluted Shares Outstanding	43.8B	48.5B	45.9B	45.9B	45.9B
Profitability Metrics
EBITDA	56.3B	40.9B	42.8B	45.7B	45.0B
D&A	4.9B	8.6B	8.7B	8.3B	7.8B
EBIT	42.8B	32.3B	34.1B	37.4B	37.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026