华夏银行(600015) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the parent company was RMB 4,549 million, reflecting a growth of 1.11% year-on-year[2] - Operating income for the period was RMB 15,905 million, a decrease of 2.61% compared to the same period last year[2] - The total comprehensive income attributable to shareholders of the parent company was RMB 5,033 million, an increase from RMB 4,150 million in the previous year[26] - The total profit before tax for the group was RMB 6,065 million, slightly up from RMB 6,059 million in Q1 2017[25] - Net interest income decreased to RMB 11,863 million from RMB 12,445 million, reflecting a decline of 4.7% year-over-year[25] - The net profit for the group increased to RMB 4,585 million, up 0.9% from RMB 4,545 million in the same period last year[25] Assets and Liabilities - Total assets at the end of the reporting period reached RMB 2,544,080 million, an increase of 1.40% compared to the end of the previous year[2] - The bank's total liabilities reached RMB 2,370,354 million, an increase of 1.3% from RMB 2,339,429 million year-on-year[23] - The bank's loans and advances increased to RMB 1,444,085 million, a rise of 6.5% compared to RMB 1,355,585 million in the previous year[20] - The total assets of the group as of March 31, 2018, were RMB 1,500,000 million, reflecting a growth of 5% compared to the previous year[25] Cash Flow - The net cash flow from operating activities was -RMB 61,406 million, a significant decline of 919.95% year-on-year[2] - The net cash flow from operating activities was negative at RMB 61,406 million, compared to a positive RMB 7,489 million in Q1 2017[29] - The investment activities generated a net cash flow of RMB 60,178 million, a significant improvement from a negative RMB 6,691 million in Q1 2017[29] Shareholder Information - The total number of common shareholders at the end of the reporting period was 114,825[5] - The largest shareholder, Shougang Group Co., Ltd., held 20.28% of the shares, totaling 2,599,929,412 shares[5] - The total number of preferred shareholders at the end of the reporting period is 16[8] - The bank's net profit distribution plan for 2017 was approved on April 18, 2018, pending shareholder approval[18] Earnings and Ratios - Basic earnings per share remained stable at RMB 0.29, with a slight increase of 3.57% in diluted earnings per share compared to the previous year[2] - The weighted average return on equity decreased to 2.47%, down by 0.26 percentage points from the previous year[2] - The asset return rate decreased to 0.18% from 0.82% year-on-year[9] - The capital return rate decreased to 2.67% from 12.36% year-on-year[9] - The liquidity coverage ratio is reported at 93.70%[15] - The core tier 1 capital adequacy ratio is 8.19%[12] Other Financial Metrics - Non-recurring gains and losses amounted to RMB 6 million after tax, contributing to the net profit[4] - The bank's other comprehensive income showed a loss of RMB 668 million, an improvement from a loss of RMB 1,152 million in the previous year[23] - The bank's interest expenses rose by 36.01% to RMB 15,938 million, indicating increased borrowing costs[20] - The bank's derivative financial assets increased by 82.52% to RMB 5,943 million, reflecting a significant rise in trading activities[20] - The bank's buy-back financial assets grew by 52.87% to RMB 61,459 million, indicating a strong demand for such financial instruments[20] - The non-performing loan ratio remained stable at 1.76%[9] - The provision coverage ratio increased to 159.11% from 156.51% year-on-year[9] - The loan provision ratio increased to 2.81% from 2.76% year-on-year[9] - The single largest customer loan ratio is 2.84%, down from 2.92% year-on-year[9] - The bank's cash and deposits with the central bank amounted to RMB 236,504 million, an increase from RMB 225,837 million year-on-year[20]