2022-04-29 16:00Financial Performance - The operating income for the first quarter of 2022 was RMB 249,467 million, representing a 6.52% increase compared to RMB 234,191 million in the same period of 2021[4] - The net profit attributable to shareholders of the parent company for Q1 2022 was RMB 90,633 million, up 5.72% from RMB 85,730 million in Q1 2021[4] - The net profit for Q1 2022 reached 91.129 billion RMB, representing a year-on-year growth of 5.60%[16] - The net profit for the group in Q1 2022 was RMB 91,129 million, an increase of 5.3% compared to RMB 86,297 million in Q1 2021[21] - The total comprehensive income for the group was RMB 80,415 million, a decrease of 5.1% from RMB 84,854 million in Q1 2021[21] Cash Flow - The net cash flow from operating activities increased significantly by 97.04%, reaching RMB 1,207,219 million compared to RMB 612,669 million in the previous year[6] - The net cash flow from operating activities for the group was RMB 1,207,219 million, significantly higher than RMB 612,669 million in the first quarter of 2021, an increase of 96.9%[26] - The net cash flow from financing activities for the group was RMB 13,364 million, down from RMB 31,433 million in the first quarter of 2021, a decrease of 57.4%[25] - The cash inflow from investment activities was RMB 923,435 million, an increase from RMB 755,465 million in Q1 2021, marking a growth of 22.2%[24] - The net cash outflow from operating activities was RMB 1,519,113 million, compared to RMB 1,183,052 million in the same period last year, reflecting an increase of 28.4%[23] Assets and Liabilities - The total assets as of March 31, 2022, amounted to RMB 37,296,465 million, reflecting a 6.04% increase from RMB 35,171,383 million at the end of 2021[5] - Total liabilities reached 33.942 trillion RMB, reflecting a growth of 6.41%[16] - The total liabilities of the group as of March 31, 2022, were RMB 33,941,551 million, up from RMB 31,896,125 million as of December 31, 2021, marking an increase of 6.4%[19] - Customer loans and advances totaled 21.603 trillion RMB, increasing by 4.53%[16] - Customer deposits increased by 5.79% to 27.973 trillion RMB[16] Shareholder Information - The number of ordinary shareholders as of the end of the reporting period was 732,155, with 619,606 A-share shareholders and 112,549 H-share shareholders[8] - The largest shareholder, Central Huijin Investment Ltd., held 34.71% of A-shares, while the Ministry of Finance of the People's Republic of China held 31.14%[8] - The total equity attributable to shareholders of the parent company was RMB 3,336,786 million as of March 31, 2022, an increase from RMB 3,257,755 million as of December 31, 2021, indicating a growth of 2.4%[19] Earnings and Ratios - The basic earnings per share for Q1 2022 was RMB 0.25, a 4.17% increase from RMB 0.24 in Q1 2021[4] - The weighted average return on equity (ROE) for Q1 2022 was 12.22%, down 0.43 percentage points from 12.65% in the same period last year[4] - The core tier 1 capital adequacy ratio stood at 13.43%, meeting regulatory requirements[16] - The total capital adequacy ratio as of March 31, 2022, was 18.25%, compared to 18.02% at the end of 2021[28] - The leverage ratio as of March 31, 2022, was 8.40%, down from 8.69% at the end of 2021[29] Investment and Income - Net interest income grew by 6.41% to 177.281 billion RMB, with an annualized net interest yield of 2.10%[16] - The fee and commission income for the first quarter of 2022 was RMB 45,649 million, slightly up from RMB 44,896 million in the same period of 2021, showing an increase of 1.7%[20] - The group reported an investment income of RMB 8,951 million for the first quarter of 2022, compared to RMB 7,503 million in the same period of 2021, representing a growth of 19.4%[20] Impairment and Provisions - The group reported an increase in asset impairment losses to RMB 70,662 million in the first quarter of 2022, up from RMB 62,862 million in the same period of 2021[26] - The net amount of loans and advances to customers was RMB (951,631) million, compared to RMB (873,064) million in Q1 2021, indicating an increase in loan provisioning[23] Liquidity - The total cash and cash equivalents at the end of the first quarter of 2022 reached RMB 2,532,703 million, compared to RMB 2,393,460 million at the end of the first quarter of 2021, an increase of 5.8%[25] - The liquidity coverage ratio is at 110.68%[31]