2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 85.17 billion, representing a year-on-year growth of 10.14% compared to RMB 77.33 billion in Q1 2021[4] - Net profit for Q1 2022 reached RMB 25.03 billion, showing a year-on-year increase of 17.34% from RMB 21.33 billion in Q1 2021[5] - The net income from fees and commissions was 9.087 billion RMB, showing a significant growth of 39.59% year-on-year[15] - The bank's total operating income for the same period was RMB 85,170 million, compared to RMB 77,330 million in 2021, reflecting an increase of 10.4%[35] - The net profit attributable to shareholders for Q1 2022 was RMB 24,977 million, a rise of 18.5% from RMB 21,201 million in Q1 2021[36] - The bank's comprehensive income for Q1 2022 was RMB 22,260 million, compared to RMB 21,018 million in Q1 2021, representing an increase of 5.9%[36] Assets and Liabilities - Total assets grew by 5.45% from RMB 12.59 trillion at the end of 2021 to RMB 13.27 trillion by March 31, 2022[5] - The total liabilities reached 12.43 trillion RMB, an increase of 5.41% year-on-year[15] - The total customer loans amounted to RMB 6.81 trillion, reflecting a growth of 5.50% compared to the end of the previous year[15] - Customer deposits increased from RMB 11.35 trillion at the end of 2021 to RMB 11.92 trillion by March 31, 2022, reflecting a growth of 4.98%[5] - The total cash and cash equivalents at the end of March 31, 2022, amounted to RMB 382,012 million, compared to RMB 379,076 million at the end of December 31, 2021[38] Profitability Ratios - The basic and diluted earnings per share for Q1 2022 were RMB 0.26, up 8.33% from RMB 0.24 in Q1 2021[7] - The return on average equity (annualized) for Q1 2022 was 14.82%, slightly up from 14.80% in the same period last year[7] - The annualized average total asset return rate was 0.78%, an increase of 0.04 percentage points year-on-year[15] - The annualized weighted average return on equity was 14.82%, up by 0.02 percentage points compared to the previous year[15] Non-Performing Loans - The non-performing loan ratio remained stable at 0.82% as of March 31, 2022, unchanged from the end of 2021[5] - As of the end of Q1 2022, the bank's non-performing loan balance was CNY 55.79 billion, an increase of CNY 3.105 billion from the end of the previous year, with a non-performing loan ratio of 0.82%[30] - The bank's new non-performing loans generated during the reporting period amounted to CNY 9.98 billion, with a generation rate of 0.15%[30] Capital Adequacy - The core tier 1 capital adequacy ratio stood at 9.61%, down 0.31 percentage points from the end of the previous year, while the total capital adequacy ratio increased by 0.21 percentage points to 14.99%[30] - The bank issued CNY 300 billion of perpetual bonds in January 2022 and CNY 400 billion of subordinated bonds in March 2022 to supplement its capital[31] - The total capital adequacy ratio as of March 31, 2022, was 14.99%, compared to 14.78% at the end of December 31, 2021[39] Cash Flow - The net cash flow generated from operating activities for Q1 2022 was RMB 143.56 billion, a significant increase of 27.15% from RMB 112.90 billion in Q1 2021[7] - The bank's cash flow from operating activities for Q1 2022 was RMB 143,558 million, an increase from RMB 112,904 million in Q1 2021, indicating a growth of 27.2%[37] - The net cash inflow from financing activities for the three months ended March 31, 2022, was RMB 43,878 million, a decrease from RMB 55,135 million in the same period of 2021[38] - The net cash outflow from financing activities for the three months ended March 31, 2022, was RMB 26,122 million, significantly higher than RMB 4,864 million in the same period of 2021[38] Shareholder Information - The total number of ordinary shareholders was 169,728, including 167,161 A-share shareholders and 2,567 H-share shareholders[11] - The total equity capital as of March 31, 2022, was RMB 1,018,605 million, an increase from RMB 945,992 million at the end of December 31, 2021[39]