张家港行(002839) - 2017 Q1 - 季度财报

Financial Performance - The company's operating income for Q1 2017 was CNY 603.40 million, a decrease of 6.16% compared to CNY 642.98 million in the same period last year[8]. - Net profit attributable to shareholders increased by 6.12% to CNY 203.73 million from CNY 191.98 million year-on-year[8]. - The net profit for Q1 2017 was CNY 206.05 million, slightly up from CNY 199.69 million in Q1 2016, indicating a growth of 3.4%[51]. - The total profit for Q1 2017 was CNY 206,354,076.70, up from CNY 191,567,642.55 in Q1 2016, indicating a growth of around 7.7%[53]. - The total operating income decreased to CNY 583,889,242.88 in Q1 2017 from CNY 619,869,814.11 in Q1 2016, reflecting a decline of about 5.8%[53]. - The bank's net profit attributable to shareholders for the first half of 2017 is expected to be between RMB 350 million and RMB 380 million, representing a growth of 5.03% to 14.04% compared to RMB 333.23 million in the same period of 2016[36]. Cash Flow - The net cash flow from operating activities showed a significant decline, reporting a negative CNY 940.94 million compared to a positive CNY 2.69 billion in the previous year, a decrease of 134.96%[8]. - The net cash flow from operating activities was negative at CNY -940,935,532.30 in Q1 2017, compared to a positive CNY 2,691,764,518.50 in Q1 2016[56]. - The net cash flow from operating activities was -CNY 777,466,282.80, a decline compared to CNY 2,556,853,166.26 in the same period last year[57]. - The net cash flow from investment activities was -CNY 1,753,918,101.18, an improvement from -CNY 5,829,775,736.63 in Q1 2016[58]. - The cash inflow from interest, fees, and commissions was CNY 889,535,102.41, slightly up from CNY 841,486,134.53 in the same quarter last year[57]. - The cash outflow for other operating activities was CNY 2,302,049,859.44, a significant increase from CNY 87,905,502.47 in Q1 2016[57]. Assets and Liabilities - Total assets as of March 31, 2017, reached CNY 91.62 billion, reflecting a growth of 1.60% from CNY 90.18 billion at the end of 2016[11]. - The bank's total liabilities increased slightly by 0.73% to CNY 83.33 billion, while total deposits grew by 1.30% to CNY 66.10 billion[11]. - The bank's leverage ratio increased to 7.6% as of March 31, 2017, compared to 6.93% at the end of 2016[19]. - The bank's total equity increased to ¥8.29 billion in Q1 2017, compared to ¥7.45 billion in Q4 2016, reflecting an increase of 11.3%[46]. Loan and Deposit Growth - Customer loans and advances increased by 4.05% to CNY 46.12 billion, with corporate loans rising by 11.19% to CNY 35.02 billion[11]. - Customer deposits reached ¥66.10 billion in Q1 2017, compared to ¥65.26 billion in Q4 2016, an increase of 1.29%[46]. - The bank's deposits showed steady growth, with a notable increase in deposits from non-local institutions[21]. - New loan issuance reached a historical high in Q1 2017, contributing to the bank's overall growth[21]. Investment and Income - The bank's investment in financial assets at fair value increased by 653.01% to RMB 1,104,640,136.13 due to rising yields[27]. - The bank's investment income dropped by 65.26% to RMB 40,479,569.06 from RMB 116,505,284.50 year-over-year[31]. - The bank's total income from fees and commissions increased by 65.26% to RMB 4,647,833.45[31]. - The bank's fee and commission income rose to ¥42.07 million in Q1 2017, compared to ¥33.61 million in Q1 2016, a growth of 25.0%[51]. Non-Performing Loans and Risk Management - The non-performing loan ratio remained stable at 1.96%, consistent with the previous quarter[14]. - The bank's non-performing loan ratio remained stable, with efforts to manage and reduce bad loans[21]. Shareholder Information - The top ten shareholders hold a combined 40.75% of the bank's shares, with Jiangsu Shagang Group being the largest shareholder at 8.18%[24]. - The bank aims to enhance its core competitiveness by focusing on service to agriculture, small and medium enterprises, and personal clients[21]. Regulatory Compliance and Corporate Governance - The bank has no violations regarding external guarantees during the reporting period[40]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[41]. - The company did not undergo an audit for the Q1 2017 report[59]. - The report was released by the board of directors on April 26, 2017[60].