CCB(SH:601939)2016-04-29 16:00Financial Performance - Net profit attributable to shareholders was RMB 67.95 billion, a year-on-year increase of 1.41%[9] - Operating income for the period was RMB 187.94 billion, reflecting a growth of 15.75% year-on-year[9] - The net profit for the group for the three months ended March 31, 2016, was RMB 67,911 million, compared to RMB 66,689 million for the same period in 2015, showing a growth of 1.8%[45] - The net profit attributable to shareholders for the three months ended March 31, 2016, was RMB 67,952 million, compared to RMB 67,005 million for the same period in 2015, representing a slight increase of 1.4%[48] - The total comprehensive income for the group for the three months ended March 31, 2016, was RMB 65,160 million, up from RMB 63,946 million in the same period of 2015, reflecting an increase of 1.9%[50] Assets and Liabilities - Total assets reached RMB 19,143.79 billion, an increase of 4.33% compared to the end of the previous year[9] - Customer loans and advances totaled RMB 108,278.47 billion, up 3.27% from the previous year-end[19] - Customer deposits increased to RMB 145,822.13 billion, marking a growth of 6.68% compared to the previous year-end[19] - The total liabilities of the group amounted to RMB 17,633,567 million as of March 31, 2016, compared to RMB 16,904,406 million as of December 31, 2015, indicating an increase of 4.3%[40] - The total equity attributable to shareholders of the bank was RMB 1,499,405 million as of March 31, 2016, an increase from RMB 1,434,020 million as of December 31, 2015, representing a growth of 4.6%[43] Cash Flow - The net cash flow from operating activities was RMB 360.03 billion, representing a year-on-year increase of 33.30%[9] - The net cash flow from operating activities for the group was RMB 360,031 million, up from RMB 270,093 million in the same period of 2015, indicating a growth of 33.33%[68] - The cash inflow from investment activities was RMB 266,199 million, compared to RMB 172,259 million in the same period of 2015, representing a significant increase of 54.6%[59] - The net cash outflow from investment activities was RMB 9,321 million, a decrease from RMB 84,525 million in the same period of 2015, indicating an improvement in cash flow management[61] - The group reported a net increase in cash and cash equivalents of RMB 342,663 million for the three months ended March 31, 2016, compared to RMB 182,594 million in the same period of 2015, marking an increase of 87.76%[68] Income and Expenses - The bank's commission and fee income increased by 13.11% to RMB 38.38 billion, with strong growth in agency insurance and wealth management products[21] - The total operating expenses for the group were RMB 100,425 million for the three months ended March 31, 2016, an increase from RMB 75,860 million for the same period in 2015, indicating a rise of 32.5%[45] - The bank's investment income increased significantly by 1,335.58% to RMB 5.97 billion, driven by gains from the sale of available-for-sale financial assets[28] - The bank's asset impairment losses rose by 33.47% to RMB 26.70 billion, reflecting the impact of the overall economic situation on credit asset quality[28] Capital Adequacy - The capital adequacy ratio stood at 15.55%, with a Tier 1 capital ratio of 13.65% and a core Tier 1 capital ratio of 13.46%, all meeting regulatory requirements[23] - The core tier 1 capital ratio for the group was 13.46% as of March 31, 2016, compared to 13.13% at the end of 2015, showing an improvement of 0.33 percentage points[71] - The total capital adequacy ratio for the group was 15.55% as of March 31, 2016, up from 15.39% at the end of 2015, indicating a rise of 0.16 percentage points[71] - The leverage ratio for the group was 7.27% as of March 31, 2016, slightly down from 7.28% at the end of 2015[72] Shareholder Information - The number of ordinary shareholders as of March 31, 2016, was 470,482, with 421,975 being A-share shareholders[13] - The basic and diluted earnings per share for the group remained stable at RMB 0.27 for both 2016 and 2015[48] Non-Performing Loans - Non-performing loan balance reached RMB 176.42 billion, an increase of RMB 10.44 billion compared to the end of last year, with a non-performing loan ratio of 1.63%, up 0.05 percentage points[20] Liquidity - The average liquidity coverage ratio for the first quarter of 2016 was 133.09%, an increase of 0.18 percentage points from the previous quarter[25] - The liquidity coverage ratio stands at 133.09%[75]