Financial Performance - The total revenue for China Construction Bank for the first half of 2022 was reported at RMB 400 billion, representing a year-on-year increase of 8%[2]. - The net profit attributable to shareholders reached RMB 200 billion, an increase of 10% compared to the same period last year[2]. - The bank's total assets grew to RMB 30 trillion, reflecting a growth rate of 6% year-on-year[2]. - For the six months ended June 30, 2022, the operating income was RMB 390.36 billion, an increase of 2.48% compared to RMB 380.91 billion for the same period in 2021[10]. - Net profit attributable to shareholders for the same period was RMB 161.64 billion, reflecting a growth of 5.44% from RMB 153.30 billion in the previous year[10]. - The net interest income was RMB 317.34 billion, up 7.18% from RMB 296.09 billion year-on-year[10]. - The group achieved operating income of RMB 390.36 billion in the first half of the year, a growth of 2.38% year-on-year[77]. Asset Quality - The non-performing loan (NPL) ratio remained stable at 1.5%, indicating effective risk management practices[5]. - The non-performing loan ratio stood at 1.40%, slightly improved from 1.42% at the end of 2021[12]. - The total amount of impairment losses was RMB 103.37 billion, a decrease of 4.73% from the previous year[20]. - The total loans and advances amounted to RMB 20.34 trillion, with a non-performing loan rate of 1.40% as of June 30, 2022[136]. - The overdue loans and advances totaled RMB 197,651 million, representing an increase of RMB 211.90 million from the previous year, with an overdue ratio of 0.97%[164]. Capital and Liquidity - The bank's capital adequacy ratio stood at 14.5%, above the regulatory requirement, ensuring strong capital buffers[5]. - The capital adequacy ratio was reported at 17.95%, a slight increase from 17.85% at the end of 2021[12]. - The capital adequacy ratio as of June 30, 2022, is 17.95%, with a Tier 1 capital ratio of 13.93% and a core Tier 1 capital ratio of 13.40%, all meeting regulatory requirements[200]. - The liquidity coverage ratio for Q2 2022 averaged 138.78%, an increase of 2.72 percentage points from the previous quarter, driven by an increase in high-quality liquid assets[188]. Digital Banking and Innovation - User data showed an increase in active digital banking users to 200 million, up 15% from the previous year[2]. - New product launches included a blockchain-based trade finance platform, aimed at enhancing transaction efficiency[8]. - The cumulative access of the "CCB Hui Dong Ni" APP exceeded 170 million, with over 22.5 million downloads and more than 1.65 million credit customers, providing credit support exceeding 1.3 trillion yuan[80]. - The company has established 252 inclusive finance service centers and over 1,800 personal loan centers[140]. International Operations - The bank plans to expand its overseas operations, targeting a 20% increase in international business revenue by 2023[6]. - CCB Asia reported total assets of RMB 365.33 billion and a net profit of RMB 1.308 billion for the first half of the year[112]. - CCB London has total assets of RMB 3.547 billion and a net profit of RMB 486,400 in the first half of the year[113]. Employee and Operational Costs - Total operating expenses for the first half of 2022 amounted to RMB 95.018 billion, an increase of 7.78% compared to RMB 88.160 billion in the same period of 2021[41]. - Employee costs rose to RMB 54.360 billion, reflecting a 7.40% increase from RMB 50.616 billion year-on-year[41]. Risk Management - The company has enhanced its risk management framework, focusing on proactive risk assessment and credit structure adjustments to maintain stable asset quality[152]. - The group has implemented Basel III operational risk management standards, enhancing business continuity management and employee behavior management[183]. - The group has emphasized internal audits to improve risk management and operational efficiency across various business sectors[198]. Customer Engagement and Satisfaction - The customer satisfaction rate for remote intelligent banking services was 98.53%, serving 782 million customers in the first half of the year[148]. - The number of personal mobile banking users reached 428 million, an increase of 10.55 million users or 2.53% from the end of the previous year[144].
建设银行(00939) - 2022 - 中期财报