HZBank(SH:600926)2017-04-25 16:00Financial Performance - Net profit attributable to shareholders rose by 7.76% to CNY 1,310,175 thousand year-on-year[7]. - The company reported a net profit after deducting non-recurring gains and losses of CNY 1,308,653 thousand, a 7.38% increase year-on-year[7]. - Net profit for Q1 2017 was RMB 1,310,175 thousand, compared to RMB 1,215,909 thousand in Q1 2016, representing an increase of about 7.8%[35]. - The total comprehensive income for the period was RMB 1,170,773 thousand, compared to RMB 986,370 thousand in Q1 2016, marking an increase of approximately 18.6%[35]. Asset and Liability Management - Total assets increased by 2.75% to CNY 740,264,626 thousand compared to the end of the previous year[7]. - Total assets increased to RMB 740.26 billion as of March 31, 2017, up 2.33% from RMB 720.42 billion at the end of 2016[19]. - Total liabilities rose to RMB 700.53 billion, reflecting a 2.49% increase from RMB 681.86 billion[19]. - The bank's total liabilities reached RMB 700,532,158 thousand, up from RMB 681,862,481 thousand at the beginning of the year, indicating a growth of about 2.4%[31]. Earnings and Returns - Basic earnings per share decreased by 3.85% to CNY 0.50[7]. - The fully diluted return on equity was 3.30%, compared to 3.70% in the same period last year[19]. - Weighted average return on equity declined by 0.41 percentage points to 3.35%[7]. - The average return on total assets was 0.18%, down from 0.22% year-on-year[19]. Cash Flow and Liquidity - Net cash flow from operating activities fell significantly by 96.32% to -CNY 15,180,235 thousand[7]. - The net cash flow from operating activities was negative at RMB (15,180,235) thousand, worsening from RMB (7,600,447) thousand in the previous year[47]. - The bank's net cash flow from financing activities was RMB 15,314,134 thousand, down from RMB 28,128,736 thousand in the previous year, indicating a decrease of approximately 45.5%[38]. - The liquidity coverage ratio decreased to 125.26% from 143.08% at the end of 2016[24]. Shareholder Information - The total number of shareholders reached 84,969 at the end of the reporting period[12]. - Commonwealth Bank of Australia held 17.996% of shares, making it the largest shareholder[12]. Capital and Investment Activities - The company plans to issue up to 100 million preferred shares to raise no more than RMB 10 billion for enhancing its capital base[17]. - The bank's investment activities generated a net cash inflow of RMB 23,383,103 thousand, a significant recovery from a net outflow of RMB 22,869,289 thousand in the previous year[37]. - The bank issued bonds worth RMB 72,574,270 thousand during the quarter, slightly up from RMB 70,461,796 thousand in the previous year[48]. Customer Deposits and Loans - Total deposits reached RMB 371.11 billion, a slight increase of 0.77% from RMB 368.31 billion[19]. - Total loans amounted to RMB 263.75 billion, up 6.94% from RMB 246.61 billion[19]. - Customer deposits increased by RMB 3,386,785 thousand during the quarter, indicating strong deposit growth[47]. Non-Performing Loans - Non-performing loan ratio stood at 1.61%, a decrease of 0.01 percentage points compared to the end of 2016[27].