NJBK(601009)2025-04-21 14:30Financial Performance - The company's operating revenue for Q1 2025 reached RMB 14,190,018, representing a year-on-year increase of 6.53% compared to RMB 13,319,640 in Q1 2024[5] - Net profit attributable to shareholders was RMB 6,108,485, up 7.06% from RMB 5,705,829 in the same period last year[5] - The net cash flow from operating activities was RMB 100,697,415, a significant increase of 2,855.92% compared to a negative cash flow of RMB -3,653,856 in Q1 2024[5] - The company reported a basic earnings per share of RMB 0.55, unchanged from the previous year, while diluted earnings per share increased by 4.17% to RMB 0.50[6] - The company achieved operating revenue of CNY 14.19 billion, an increase of CNY 870 million or 6.53% year-over-year[19] - Net profit attributable to shareholders was CNY 6.11 billion, up CNY 403 million or 7.06% year-over-year[19] - The net profit for Q1 2025 was CNY 6,139,166, an increase of 6.77% compared to CNY 5,750,607 in Q1 2024[50] - Net interest income rose to CNY 7,752,225 in Q1 2025, up from CNY 6,581,094 in Q1 2024, reflecting a growth of 17.73%[50] Asset and Liability Management - The total assets as of March 31, 2025, amounted to RMB 2,765,237,588, reflecting a growth of 6.71% from RMB 2,591,399,702 at the end of 2024[6] - The total assets of the company reached CNY 2,765.24 billion, an increase of CNY 173.84 billion or 6.71% compared to the beginning of the year[18] - The total liabilities increased to CNY 2,569.24 billion, up CNY 169.79 billion or 7.08% year-to-date[18] - The capital adequacy ratio stood at 13.02%, while the core tier 1 capital ratio was 8.89% as of March 31, 2025[34] - The total loans issued reached CNY 1,313,629,664 as of March 31, 2025, an increase from CNY 1,225,156,405 at the end of 2024[48] Investment and Income - The company experienced a 36.54% increase in investment income, totaling RMB 4,822,428 compared to the previous year[9] - The net interest income was CNY 7.75 billion, an increase of CNY 1.17 billion or 17.80% year-over-year, accounting for 54.63% of total revenue[19] - The company’s wealth management products reached CNY 497.65 billion, an increase of CNY 24.18 billion from the previous year[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 79,687[12] - The top shareholder, BNP Paribas, holds 1,576,214,136 shares, accounting for 14.23% of the total shares[12] Risk Management - The non-performing loan ratio remained stable at 0.83%, unchanged from the beginning of the year[20] - The provision coverage ratio was 323.69%, indicating strong risk mitigation capabilities[20] - The company plans to enhance asset quality management mechanisms and strengthen credit risk monitoring[21] - The cost-to-income ratio improved slightly to 30.11% in Q1 2025 from 30.47% in Q4 2024[37] - The bank's leverage ratio decreased to 5.93% as of March 31, 2025, down from 6.26% at the end of 2024[43] Future Plans and Market Position - The company plans to continue expanding its market presence and enhancing its product offerings in the upcoming quarters[3] - The company aims to solidify its position as a leading regional comprehensive financial service provider in the next five years[17] Customer and Deposit Growth - Total deposits rose to CNY 1,657.24 billion, reflecting an increase of CNY 161.07 billion or 10.77%[18] - The company’s personal deposit balance reached CNY 551.83 billion, an increase of CNY 75.33 billion or 15.81% from the beginning of the year[23] - Retail customer financial assets grew to CNY 913.59 billion, up CNY 86.64 billion or 10.48% year-on-year[23] - The company’s cash management ecosystem expanded with 146,460 signed clients for the "Xin e Ban" service[22] Cash Flow Analysis - The net cash flow from financing activities showed a significant decline, with a net outflow of (27,792,219) thousand RMB in Q1 2025 compared to a net inflow of 43,029,203 thousand RMB in Q1 2024[52] - The balance of cash and cash equivalents at the end of Q1 2025 was 73,370,516 thousand RMB, compared to 46,556,783 thousand RMB at the end of Q1 2024[52] - The net increase in cash and cash equivalents for Q1 2025 was 9,753,722 thousand RMB, up from 7,637,776 thousand RMB in Q1 2024[52]