兰州银行(001227) - 2024 Q1 - 季度财报

Financial Performance - Operating income for the first quarter of 2024 was 1,972,918 thousand yuan, a decrease of 1.33% compared to the same period last year[14] - Net profit attributable to shareholders of the parent company was 545,701 thousand yuan, an increase of 0.89% year-on-year[14] - Net profit for Q1 2024 was 560 million yuan, a year-on-year increase of 0.90%, with net profit attributable to shareholders of 546 million yuan, up 0.89% year-on-year[49] - Net profit attributable to the parent company's owners was RMB 545,701,195.21 in Q1 2024, compared to RMB 540,910,881.86 in Q1 2023[63] - Net profit for the group in Q1 2024 was RMB 560,025,933.72, compared to RMB 555,026,841.18 in Q1 2023[63] - Total operating income for the group in Q1 2024 was RMB 1,972,917,652.61, a slight decrease from RMB 1,999,545,918.93 in Q1 2023[63] - Net interest income for the group increased to RMB 1,656,764,399.75 in Q1 2024, up from RMB 1,468,378,375.92 in Q1 2023[63] - Net interest income reached 1.657 billion yuan, a year-on-year increase of 12.87%[49] - Fee and commission income for the group decreased to RMB 119,795,902.84 in Q1 2024 from RMB 157,328,413.85 in Q1 2023[63] - Total operating expenses for the group in Q1 2024 were RMB 1,352,095,218.72, slightly lower than RMB 1,375,809,988.26 in Q1 2023[63] - Credit impairment losses for the group increased to RMB 735,250,185.18 in Q1 2024 from RMB 714,125,182.20 in Q1 2023[63] - The provision for loan impairment losses at the end of the period was 8.529919 billion yuan, an increase of 735.25 million yuan from the beginning of the year[46] - Other comprehensive income after tax for the group was RMB 360,542,826.85 in Q1 2024, a significant improvement from a loss of RMB 9,678,561.79 in Q1 2023[65] - Total comprehensive income for the group in Q1 2024 was RMB 920,568,760.57, up from RMB 545,348,279.39 in Q1 2023[65] - Basic earnings per share for the group in Q1 2024 were RMB 0.0853, slightly higher than RMB 0.0844 in Q1 2023[65] Asset and Liability Management - Total assets as of the end of the reporting period were 462,822,780 thousand yuan, an increase of 2.08% compared to the end of the previous year[14] - Total assets increased by 2.08% to RMB 462.823 billion, with total liabilities growing by 2.02% to RMB 428.621 billion[37] - Total assets increased to RMB 462.82 billion, up from RMB 453.41 billion in the previous period[76] - Total liabilities reached RMB 428.62 billion, an increase from RMB 420.13 billion[79] - Shareholders' equity increased to RMB 34.20 billion, compared to RMB 33.28 billion[79] - Cash and deposits with central bank amounted to RMB 21.31 billion, slightly up from RMB 20.85 billion[76] - Trading financial assets stood at RMB 33.64 billion, compared to RMB 32.98 billion[76] - Bonds payable increased significantly to RMB 21.48 billion, up from RMB 15.75 billion[79] - Deferred tax assets remained stable at RMB 3.18 billion[76] - Other comprehensive income rose to RMB 1.16 billion, up from RMB 794.84 million[79] Loan and Deposit Growth - Total loans and advances increased by 4.23% to 248,127,268 thousand yuan compared to the end of the previous year[22] - Corporate loans and advances grew by 6.43% to 198,506,708 thousand yuan[22] - Personal loans and advances decreased by 3.70% to 56,494,310 thousand yuan[22] - Total deposits increased by 1.52% to 342,486,938 thousand yuan[22] - Corporate deposits grew by 1.93% to 89,330,256 thousand yuan[22] - Personal deposits increased by 2.36% to 231,424,660 thousand yuan[22] - Loans and advances rose by 4.23% to RMB 248.127 billion, while deposits increased by 1.52% to RMB 342.487 billion[37] - Loans and advances grew to RMB 248.13 billion, compared to RMB 238.07 billion in the prior period[76] - Deposits from customers rose to RMB 342.49 billion, up from RMB 337.35 billion[79] - Customer deposits and interbank deposits increased by RMB 9.67 billion in Q1 2024, compared to RMB 20.63 billion in Q1 2023[68] Capital and Liquidity Ratios - Core Tier 1 capital adequacy ratio improved to 8.48%, up from 8.41% at the end of 2023[32] - Capital adequacy ratio stood at 11.17%, slightly higher than the 11.12% at the end of 2023[32] - Liquidity coverage ratio was 118.58%, down from 119.89% at the end of 2023[34] - Leverage ratio remained stable at 6.96%, unchanged from the end of 2023[32] Asset Quality and Risk Management - Non-performing loan ratio increased to 1.83% from 1.73% at the end of 2023[25] - Provision coverage ratio decreased to 183.18% from 197.51% at the end of 2023[25] - The non-performing loan ratio was 1.83%, an increase of 0.10 percentage points from the beginning of the year[45] - Net interest margin (annualized) improved to 1.60%, up from 1.46% at the end of 2023[27] - Cost-to-income ratio decreased to 29.92%, down from 30.42% at the end of 2023[27] Specialized Loan Portfolios - The company's technology enterprise loan balance reached 10.072 billion yuan, with a net increase of 691 million yuan in Q1[38] - Green loan balance stood at 13.429 billion yuan, with a net increase of 663 million yuan in Q1[38] - Supply chain financing business added 574 million yuan in Q1[38] - The balance of inclusive small and micro loans reached 13.006 billion yuan, with a net increase of 448 million yuan from the beginning of the year, and the average interest rate dropped by 28BP to 5.15%[38] - Agricultural loan balance reached 34.559 billion yuan, an increase of 5.88% from the beginning of the year, with inclusive agricultural loans increasing by 5.62% to 4.304 billion yuan[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 112,193[53] - The top 10 shareholders hold significant stakes, with Lanzhou Municipal Finance Bureau holding the largest stake at 8.74%[53] - Lanzhou State-owned Investment (Holding) Construction Group Co., Ltd. holds 7.11% of the shares, with 70,679,476 shares under judicial freeze[53] - Huabang Holdings Group Co., Ltd. holds 5.25% of the shares, with 297,450,000 shares pledged[53] - Lanzhou Tianqing Real Estate Development Co., Ltd. holds 4.90% of the shares[53] - Gansu Shengda Group Co., Ltd. holds 4.85% of the shares, with 106,200,000 shares pledged[53] - Shenzhen Zhengwei (Group) Co., Ltd. holds 4.32% of the shares, with all 245,805,000 shares pledged and under judicial freeze[53] - Gansu Tianyuan Hot Spring Hotel Group Co., Ltd. holds 3.09% of the shares, with all 176,000,000 shares pledged[53] - Gansu State-owned Assets Investment Group Co., Ltd. holds 3.07% of the shares[53] - Shengda Metal Resources Co., Ltd. holds 2.72% of the shares[53] Cash Flow and Liquidity - Net cash flow from operating activities was -1,393,541 thousand yuan, a significant decrease of 144.53% compared to the same period last year[14] - Net cash flow from operating activities was negative RMB 1.39 billion in Q1 2024, a significant decrease from RMB 3.13 billion in Q1 2023[68] - Net cash flow from investing activities was positive RMB 1.53 billion in Q1 2024, compared to negative RMB 5.03 billion in Q1 2023[68] - Cash and cash equivalents increased by RMB 128.44 million in Q1 2024, compared to a decrease of RMB 1.91 billion in Q1 2023[68] - Net cash flow from financing activities was negative RMB 12.94 million in Q1 2024, similar to negative RMB 13.76 million in Q1 2023[68] Customer and Employee Metrics - Personal customer financial assets (AUM) reached 284.148 billion yuan, an increase of 5.148 billion yuan from the beginning of the year[38] - Interest and commission income was RMB 4.43 billion in Q1 2024, slightly higher than RMB 4.38 billion in Q1 2023[68] - Payments for interest and commissions were RMB 3.42 billion in Q1 2024, down from RMB 3.67 billion in Q1 2023[68] - Employee compensation and benefits expenses were RMB 463.32 million in Q1 2024, down from RMB 523.37 million in Q1 2023[68] - Taxes paid were RMB 253.37 million in Q1 2024, down from RMB 312.77 million in Q1 2023[68] Other Significant Matters - The company reported no other significant matters during the reporting period[69]