兴业银行(601166) - 2021 Q1 - 季度财报

Financial Performance - The operating income for Q1 2021 was RMB 55,663 million, an increase of 10.75% compared to RMB 50,258 million in Q1 2020[3] - The net profit attributable to shareholders of the parent company reached RMB 23,853 million, reflecting a growth of 13.67% from RMB 20,985 million in the same period last year[3] - The basic earnings per share (EPS) for Q1 2021 was RMB 1.15, up 13.67% from RMB 1.01 in Q1 2020[3] - The group's net profit attributable to shareholders for the three months ended March 31, 2021, was RMB 23,853 million, representing a 13.9% increase compared to RMB 20,985 million in the same period of 2020[27] - The group's total comprehensive income for the three months ended March 31, 2021, was RMB 24,898 million, an increase from RMB 21,960 million in the same period of 2020[28] Asset and Liability Management - The total assets as of March 31, 2021, amounted to RMB 7,993,666 million, representing a 1.26% increase from RMB 7,894,000 million at the end of 2020[4] - The total liabilities as of March 31, 2021, were RMB 7,343,965 million, compared to RMB 7,269,197 million at the end of 2020[5] - The total assets of the company reached CNY 7,993.67 billion, an increase of 1.26% compared to the beginning of the period[16] - The bank's total equity attributable to shareholders reached RMB 640,257 million, an increase from RMB 615,586 million year-on-year[24] Risk Management - The non-performing loan (NPL) ratio improved to 1.18%, down 0.07 percentage points from 1.25% at the end of 2020[4] - The provision coverage ratio increased to 247.52%, up 28.69 percentage points from 218.83% at the end of 2020[4] - The provision coverage ratio was 247.52%, and the loan-to-deposit ratio was 2.92%, both reflecting a strong risk management position[17] Income Sources - The company reported a net interest income growth of 12.13% year-on-year[16] - Non-interest income increased by 8.15%, with fee and commission income rising by 34.25% due to strong growth in investment banking and wealth management[16] - Commission and fee income increased by 34.27% year-on-year to RMB 12,374 million, driven by growth in wealth management service fees[19] - The group's investment income for the three months ended March 31, 2021, was RMB 7,637 million, down from RMB 11,815 million in the same period of 2020[26] Cash Flow and Liquidity - The liquidity coverage ratio stood at 174.76%, indicating a strong liquidity position[9] - Cash inflow from operating activities totaled RMB 133,170 million, down from RMB 444,490 million year-on-year[30] - The group reported a net cash outflow from operating activities of RMB 297,317 million, compared to an inflow of RMB 74,801 million in the same period of 2020[30] - The cash and cash equivalents at the end of the period amounted to RMB 962,893 million, an increase from RMB 912,416 million year-on-year[32] - The cash inflow from bond issuance was RMB 372,730 million, significantly higher than RMB 172,847 million in the same period last year[31] Shareholder Information - The top ten shareholders held a significant portion of shares, with the largest shareholder, Fujian Provincial Finance Department, owning 3,902,131,806 shares, accounting for 18.78%[15]