2021-04-29 16:00Financial Performance - Net profit attributable to shareholders for Q1 2021 was RMB 85,730 million, a slight increase of 1.46% compared to Q1 2020[7]. - The net profit for the first quarter of 2021 was CNY 86.297 billion, representing a year-on-year increase of 1.51%[22]. - The total comprehensive income for the first quarter of 2021 was RMB 84,854 million, compared to RMB 88,438 million in the first quarter of 2020[35]. - The basic and diluted earnings per share for the first quarter of 2021 remained at RMB 0.24, unchanged from the same period in 2020[35]. Assets and Liabilities - As of March 31, 2021, total assets reached RMB 34,367,549 million, an increase of 3.07% compared to the end of 2020[6]. - Total liabilities stood at RMB 31,373,317 million, up 3.08% from the previous year-end[6]. - Customer deposits reached RMB 25,944,333 million, marking a 3.22% increase from December 31, 2020[6]. - The total assets as of March 31, 2021, amounted to CNY 34,367.549 billion, an increase of CNY 10,224.91 billion or 3.07% from the previous year[22]. Loans and Advances - Total customer loans and advances amounted to RMB 19,482,410 million, reflecting a growth of 4.61% year-on-year[6]. - Customer loans and advances totaled CNY 19,482.410 billion, up CNY 8,581.02 billion or 4.61% year-on-year[22]. - The non-performing loan balance was CNY 307.043 billion, with a non-performing loan ratio of 1.58%, unchanged from the previous year[23]. Income and Expenses - Total operating income reached CNY 234.191 billion, up 3.18% year-on-year, with net interest income of CNY 166.601 billion, increasing by 3.51%[22]. - The bank's fee and commission expenses increased by 33.76% to CNY 3.732 billion due to higher settlement and acquiring service fees[25]. - Investment income decreased by 32.92% to CNY 7.503 billion, attributed to reduced trading gains from financial investment products[25]. - Other business income surged by 85.64% to CNY 20.556 billion, driven by increased leasing and derivative contract income[25]. Cash Flow - The net cash flow from operating activities was RMB 612,669 million, showing a significant decrease of 67.89% compared to the previous year[7]. - The net cash inflow from operating activities for the first quarter of 2021 was RMB 612,669 million, a decrease from RMB 1,907,890 million in the first quarter of 2020[39]. - The net cash inflow from customer deposits in the first quarter of 2021 was RMB 790,394 million, down from RMB 1,213,617 million in the first quarter of 2020[37]. - The total cash and cash equivalents at the end of the first quarter of 2021 amounted to RMB 2,393,460 million, down from RMB 3,041,664 million at the end of Q1 2020[43]. Capital Adequacy - The core Tier 1 capital adequacy ratio stood at 13.29%, meeting regulatory requirements[23]. - The core tier 1 capital adequacy ratio was 13.29% as of March 31, 2021, compared to 13.18% at the end of 2020[45]. - The leverage ratio as of March 31, 2021, was 8.12%, slightly down from 8.14% at the end of 2020[46]. - The liquidity coverage ratio was 113.64% in the first quarter of 2021, indicating a strong liquidity position[48]. Shareholder Information - The number of ordinary shareholders was 586,395, with A-share shareholders accounting for 470,711[10]. - Major shareholders include Central Huijin Investment Ltd. with a holding of 34.71% and the Ministry of Finance of the People's Republic of China with 31.14%[10]. - The total number of A-shares held by the ultimate beneficial owner is 123,717,852,951, representing 45.89% of A-shares and 34.71% of total ordinary shares[13]. - The total number of H-shares held by Ping An Asset Management Co., Ltd. is 12,168,809,000, accounting for 14.02% of H-shares and 3.41% of total ordinary shares[14].