2022-04-29 08:31Financial Performance - Operating income for Q1 2022 was RMB 226,858 million, representing a year-on-year increase of 5.95% compared to RMB 214,120 million in Q1 2021[2] - Net profit attributable to shareholders for Q1 2022 was RMB 90,633 million, up 5.72% from RMB 85,730 million in the same period last year[2] - The net profit for Q1 2022 reached 91.129 billion CNY, representing a year-on-year growth of 5.60%[13] - Total operating income was 226.858 billion CNY, an increase of 5.95% year-on-year, with net interest income growing by 6.41% to 177.281 billion CNY[13] - The bank's net profit for the first quarter of 2022 was RMB 91,129 million, up 5.3% from RMB 86,297 million in Q1 2021[18] - For the three months ended March 31, 2022, the pre-tax profit was RMB 111,090 million, an increase from RMB 108,420 million in the same period of 2021, representing a growth of 1.6%[22] Assets and Liabilities - Total assets as of March 31, 2022, amounted to RMB 37,296,465 million, reflecting a growth of 6.04% from RMB 35,171,383 million at the end of 2021[2] - The bank's total liabilities as of March 31, 2022, were RMB 33,941,551 million, up from RMB 31,896,125 million at the end of 2021[21] - Customer loans and advances totaled 21,602.921 billion CNY, increasing by 935.676 billion CNY or 4.53%[14] - Customer deposits reached 27,972.681 billion CNY, an increase of 1,530.907 billion CNY or 5.79%[14] Shareholder Information - As of March 31, 2022, the total number of ordinary shareholders was 732,155, with H-share shareholders numbering 112,549 and A-share shareholders at 619,606[4] - The top 10 ordinary shareholders held a combined 99.99% of the shares, with the largest shareholder, Central Huijin Investment, holding 34.71%[4] - The only foreign preferred shareholder, The Bank of New York Depository (Nominees) Limited, held 145,000,000 shares, representing 100% of the foreign preferred shares[7] Earnings Per Share - Basic and diluted earnings per share for Q1 2022 were both RMB 0.25, an increase of 4.17% from RMB 0.24 in Q1 2021[2] - Basic and diluted earnings per share for Q1 2022 were both RMB 0.25, compared to RMB 0.24 in Q1 2021[18] Cash Flow - Net cash flow from operating activities reached RMB 1,207,219 million, a significant increase of 97.04% from RMB 612,669 million in Q1 2021[3] - The net cash flow generated from operating activities for the first quarter of 2022 was RMB 1,207,219 million, compared to RMB 612,669 million in the first quarter of 2021, indicating a significant increase of 96.8%[23] - The net cash flow from investment activities for the first quarter of 2022 was RMB (117,119) million, a decline from RMB (38,230) million in the same period of 2021[24] - The net increase in cash and cash equivalents for the first quarter of 2022 was RMB 1,103,464 million, compared to RMB 605,872 million in the first quarter of 2021, reflecting an increase of 82.2%[24] Capital Adequacy - The capital adequacy ratio was 18.25%, meeting regulatory requirements[15] - As of March 31, 2022, the core tier 1 capital adequacy ratio was 13.43%, up from 13.31% as of December 31, 2021[27] - The total capital adequacy ratio as of March 31, 2022, was 18.25%, compared to 18.02% as of December 31, 2021[27] - The leverage ratio as of March 31, 2022, was 8.40%, a decrease from 8.69% as of December 31, 2021[28] Asset Quality - The non-performing loan balance was 306.887 billion CNY, with a non-performing loan ratio of 1.42%, unchanged from the previous year[15] - The coverage ratio for provisions stood at 209.91%, an increase of 4.07 percentage points[15] - The impairment losses on assets for the first quarter of 2022 were RMB 70,662 million, compared to RMB 62,862 million in the first quarter of 2021, representing an increase of 12.8%[22] Other Financial Metrics - The annualized average total asset return was 1.01%, while the annualized weighted average equity return was 12.22%[13] - The bank's other comprehensive income for Q1 2022 was a loss of RMB 10,714 million, compared to a loss of RMB 1,443 million in Q1 2021[19] Future Plans - The company plans to continue expanding its market presence and enhancing product offerings[12]