Financial Performance - Interest income for 2022 was RMB 43,348.175 million, a 5.9% increase from RMB 40,915.676 million in 2021[5] - Net profit for 2022 reached RMB 1,019.269 million, representing a 136.6% increase compared to RMB 430.883 million in 2021[5] - Operating income for 2022 was RMB 16,153.111 million, a 4.4% increase from RMB 15,466.611 million in 2021[5] - Basic and diluted earnings per share rose to RMB 0.11 in 2022, compared to RMB 0.05 in 2021[6] - Total operating income for 2022 was RMB 16.15 billion, up RMB 686.5 million, reflecting a growth of 4.4% compared to the previous year[17] - The company achieved a net profit of RMB 1.02 billion in 2022, an increase of RMB 588 million, representing a growth of 136.6% year-on-year[15] Asset and Liability Management - Total assets increased by 7.6% to RMB 1,082,413.109 million in 2022 from RMB 1,006,126.253 million in 2021[6] - Total liabilities increased by 8.1% to RMB 1,000,976.014 million in 2022 from RMB 925,623.312 million in 2021[6] - Total assets reached RMB 1,082.41 billion, an increase of RMB 76.29 billion or 7.6% compared to the previous year[11] - Total deposits amounted to RMB 771.57 billion, up RMB 34.53 billion or 4.7% year-on-year[11] Loan and Credit Quality - The bank's total loans and advances increased by 4.7% to RMB 613,362.329 million in 2022 from RMB 586,032.668 million in 2021[6] - The non-performing loan ratio improved to 3.22% in 2022 from 3.28% in 2021[6] - The provision coverage ratio increased to 140.30% in 2022, up from 130.87% in 2021[6] - Total loans and advances amounted to RMB 613.36 billion, with non-performing loans totaling RMB 19.76 billion[83] - The impairment provision for loans and advances increased to RMB 27.38 billion, up by RMB 2.70 billion or 11.0% compared to the previous year, reflecting enhanced risk coverage capabilities[66] Income Sources - Non-interest income amounted to RMB 3.30 billion, a 7.2% increase, accounting for 20.4% of total revenue[14] - Net interest income reached RMB 12.85 billion, an increase of RMB 466.1 million, with a year-on-year growth of 3.8%[19] - Interest income rose to RMB 43.35 billion, a year-on-year increase of RMB 2.43 billion, while interest expenses increased by RMB 1.97 billion[20] - The interest income from loans and advances amounted to RMB 34.82 billion, representing 80.3% of total interest income, with a year-on-year increase of RMB 3.87 billion or 12.5%[30] Operational Efficiency - Operating expenses were RMB 5.79 billion, a slight decrease of RMB 0.07 billion or 1.1% year-on-year, reflecting enhanced budget control and cost-saving measures[49] - Employee compensation expenses were RMB 3.19 billion, an increase of RMB 0.11 billion or 3.7% year-on-year, driven by personnel growth and rising average wages[51] Risk Management - The bank's focus on optimizing credit risk management processes has strengthened its ability to mitigate financial risks[81] - The bank has enhanced its operational risk management by improving internal control systems and risk monitoring tools, aiming to maximize operational risk control capabilities[119] - Liquidity risk management has been strengthened through a comprehensive liquidity management system, ensuring balance sheet optimization and dynamic monitoring[122] Corporate Governance - The board of directors consists of 12 members, including 3 executive directors, 4 non-executive directors, and 5 independent non-executive directors[188] - The company is committed to continuously reviewing and strengthening corporate governance to meet higher expectations from shareholders and investors[185] - The board meets at least four times a year, ensuring compliance with procedures and applicable rules[190] Shareholder Information - As of December 31, 2022, the total number of shares was 8,796,680,200, with domestic shares accounting for 6,455,937,700 and H shares for 2,340,742,500, showing no changes during the reporting period[133] - Major shareholders include Shengjing Financial Holdings with 1,829,225,327 shares (20.79%) and Shenyang Hengxin with 479,836,334 shares (5.45%) as of December 31, 2022[138] Strategic Initiatives - The bank plans to continue expanding its market presence and enhancing its product offerings in the coming years[6] - The bank aims to enhance its financial services in the Liaoning region, focusing on inclusive finance and technological finance development[128] - The bank's strategic vision includes a commitment to serve local economies, small and medium enterprises, and rural residents, while enhancing deposit growth and customer base development[128]
盛京银行(02066) - 2022 - 年度财报