张家港行(002839) - 2017 Q2 - 季度财报

Financial Performance - The total operating income for the first half of 2017 was CNY 1,203,492,964.42, representing a 1.26% increase compared to CNY 1,188,527,733.99 in the same period of 2016[19]. - Net profit for the first half of 2017 reached CNY 352,332,031.01, which is a 3.86% increase from CNY 339,245,883.42 in the first half of 2016[19]. - The net profit attributable to shareholders of the parent company was CNY 351,745,460.15, which is a 5.56% increase from CNY 333,226,990.59 in the first half of 2016[19]. - The basic earnings per share remained stable at CNY 0.20 for both the first half of 2017 and 2016[19]. - The company's net profit for the first half of 2017 was RMB 352 million, representing a year-on-year growth of 3.86%[44]. - The bank's total profit before tax was CNY 342.37 million, an increase of 1.66% from CNY 336.77 million in the first half of 2016[51]. - The bank's total profit for the first half of 2017 was CNY 342,369,678.22, compared to CNY 336,769,545.69 in the same period of 2016, reflecting a slight increase of about 1.4%[186]. Assets and Liabilities - The total assets as of June 30, 2017, amounted to CNY 97,989,203,121.43, reflecting an 8.66% increase from CNY 90,178,179,449.86 at the end of 2016[19]. - Total liabilities increased by 8.66% from RMB 82.73 billion at the end of 2016 to RMB 89.89 billion at the end of June 2017[85]. - The bank's total assets increased significantly, with customer deposits and interbank deposits net increase amounting to CNY 7,775,419,772.42, compared to CNY 6,233,833,706.87 in the first half of 2016, marking an increase of about 24.8%[191]. - The total amount of available-for-sale financial assets rose to RMB 25.33 billion, a growth of 8.71% compared to RMB 23.30 billion at the end of 2016[75]. - The bank's total equity rose by 8.68% from RMB 7.45 billion to RMB 8.10 billion, with a notable increase in common equity[90]. Risk Management - The company has implemented various measures to effectively manage and control risks, including credit risk, liquidity risk, market risk, operational risk, and environmental and policy risks[5]. - The company has established a liquidity risk management emergency plan to address potential liquidity crises effectively[116]. - The company faces credit risk primarily from its loan business, which is a significant source of income[112]. - The company has a structured approach to manage market risks, including interest rate and exchange rate risks[117]. - The bank established a comprehensive operational risk management framework, enhancing risk identification and assessment systems[121]. Income and Expenses - Interest income increased by 14.94% to RMB 2.041 billion, while net interest income rose by 13.03% to RMB 1.027 billion[50]. - Total non-interest income decreased by 36.87% to CNY 176.96 million, down from CNY 280.30 million in the previous year[62]. - The bank's operating expenses were CNY 863,226,846.18, slightly higher than CNY 854,920,427.72 in the first half of 2016, indicating a marginal increase of about 1.5%[186]. - The bank reported a decrease in investment income, which was CNY 98,412,411.49 in the first half of 2017, down from CNY 214,559,409.50 in the same period of 2016, a decline of approximately 54%[185]. Customer Deposits and Loans - Total deposits reached RMB 67.99 billion as of June 30, 2017, an increase from RMB 65.26 billion at the end of 2016, representing a growth of 4.2%[26]. - Total loans amounted to RMB 47.50 billion, up from RMB 44.32 billion at the end of 2016, indicating a growth of 4.9%[26]. - The loan balance for Jiangsu Shagang Group as of June 2017 was CNY 605.49 million[136]. - The bank's non-performing loans (NPL) ratio remained stable at 1.97%, with total NPLs amounting to RMB 935.30 million, an increase of RMB 64.63 million from the previous period[81]. Shareholder Information - The company completed its initial public offering in January 2017, increasing total shares to 1,807,526,665[157]. - The total number of ordinary shareholders at the end of the reporting period was 83,641[162]. - Jiangsu Shagang Group Co., Ltd. holds 8.18% of the shares, amounting to 147,828,660 shares[162]. - The company did not experience any changes in its controlling shareholder during the reporting period[165]. Community and Environmental Initiatives - The company allocated 200,000 RMB annually for ecological protection and infrastructure assistance in impoverished towns[149]. - The company committed to providing 200 RMB monthly living subsidies to centenarians in Zhangjiagang City[154]. - The company plans to enhance its poverty alleviation efforts by improving infrastructure and providing medical assistance[153]. - The company has not been classified as a key pollutant discharge unit by environmental protection authorities[154].