2015-04-24 16:00Financial Performance - Net profit attributable to shareholders rose by 2.07% to RMB 10,928 million year-on-year[5] - Operating income grew by 10.71% to RMB 32,992 million compared to the same period last year[5] - The net profit attributable to shareholders for the reporting period was RMB 10.928 billion, a year-on-year increase of 2.07%[12] - The net profit for the first quarter was not explicitly stated, but the total equity attributable to shareholders increased to RMB 270,812 million from RMB 259,677 million, reflecting a growth of approximately 4.37%[24] - Net profit for Q1 2015 reached RMB 11,097 million, representing a 1.5% increase compared to RMB 10,931 million in the previous year[28] - The bank's total profit amounted to RMB 14,637 million, a slight increase of 1.8% from RMB 14,374 million in Q1 2014[28] Asset and Liability Management - Total assets increased by 7.04% to RMB 4,430,215 million compared to the end of the previous year[5] - Total liabilities rose by 7.23% to RMB 4,151,466 million compared to the end of the previous year[5] - The total liabilities of the group amounted to RMB 4,151.466 billion, reflecting a growth of 7.23% from the previous year-end[12] - Total assets as of March 31, 2015, amounted to RMB 4,430,215 million, an increase from RMB 4,138,815 million at the beginning of the year, representing a growth of approximately 7.06%[24] - The total liabilities reached RMB 4,151,466 million, up from RMB 3,871,469 million, indicating an increase of about 7.25%[24] Customer Loans and Deposits - Customer loans and advances increased by 2.56% to RMB 2,244,011 million from the previous year[5] - The total customer loans and advances reached RMB 2,244.011 billion, an increase of 2.56% from the previous year-end[12] - Customer deposits totaled RMB 2,904,331 million, reflecting a 1.92% increase year-on-year[5] - The group’s total customer deposits were RMB 2,904.331 billion, up by 1.92% compared to the previous year-end[12] - The bank's loans and advances increased to RMB 2,188,398 million from RMB 2,136,332 million, showing a growth of about 2.44%[23] - The bank's deposits from customers increased to RMB 2,904,331 million from RMB 2,849,574 million, reflecting a growth of about 1.92%[24] Capital Adequacy and Returns - The core tier 1 capital adequacy ratio stood at 8.95%, up by 0.02 percentage points from the end of the previous year[11] - The capital adequacy ratio was 12.16%, a decrease of 0.17 percentage points from the end of the previous year[11] - The weighted average return on equity decreased by 2.02 percentage points to 16.71%[6] - The annualized average total asset return decreased by 0.11 percentage points to 1.05%[6] Non-Performing Loans - The non-performing loan balance was RMB 30.228 billion, increasing by 6.23% compared to the end of the previous year, with a non-performing loan ratio of 1.35%[12] Shareholder Information - The number of shareholders reached 366,751 at the end of the reporting period[9] - The largest shareholder, China CITIC Limited, holds 67.13% of the shares[9] Cash Flow and Investment Activities - The net cash flow from operating activities was negative at RMB (31,117) million, worsening from RMB (13,074) million in the same quarter last year[33] - The bank's investment activities generated a net cash outflow of RMB (23,772) million, a decline from a net inflow of RMB 2,499 million in Q1 2014[34] - The bank's total comprehensive income for Q1 2015 was RMB 11,403 million, down from RMB 12,611 million in the same period last year[28] - The bank's basic and diluted earnings per share remained stable at RMB 0.23, unchanged from the previous year[28] - Other comprehensive income decreased significantly to RMB 306 million, compared to RMB 1,680 million in Q1 2014[28] Future Plans - The group plans to issue up to 350 million preferred shares at a par value of RMB 100 each, pending approval from regulatory authorities[13]