江阴银行(002807) - 2024 Q4 - 年度财报

Financial Performance - The total operating income for 2024 was RMB 3,961,937,000, representing a 2.51% increase from RMB 3,864,956,000 in 2023[20] - The total profit for 2024 reached RMB 2,174,114,000, which is a 4.79% increase compared to RMB 2,074,783,000 in 2023[20] - The net profit attributable to shareholders for 2024 was RMB 2,036,812,000, marking a 7.88% increase from RMB 1,888,085,000 in 2023[20] - The basic earnings per share for 2024 was RMB 0.8357, a decrease of 3.87% from RMB 0.8693 in 2023[20] - The diluted earnings per share for 2024 increased by 4.43% to RMB 0.7869 from RMB 0.7535 in 2023[20] - The company achieved operating revenue of CNY 3.962 billion in 2024, a year-on-year increase of 2.51%[56] - Net profit for the year was CNY 2.022 billion, reflecting a slight growth of 0.10% compared to the previous year[58] - The company reported a return to the parent company of CNY 2.037 billion, which is a 7.88% increase year-on-year[58] Cash Flow and Liquidity - The net cash flow from operating activities for 2024 was RMB 3,685,198,000, a significant increase of 1021.06% from a negative RMB 400,103,000 in 2023[20] - Total operating cash inflow for 2024 was CNY 20,226,392, a decrease of 16.39% compared to CNY 24,190,516 in 2023[89] - The company has a total of 481.490 million in cash and cash equivalents, indicating a strong liquidity position[174] - The liquidity ratio of the company as of December 31, 2024, is 86.31%, indicating a stable and controllable overall liquidity situation[141] Assets and Liabilities - The total assets at the end of 2024 amounted to RMB 200,232,115,000, reflecting a 7.63% increase from RMB 186,029,579,000 at the end of 2023[21] - The total liabilities at the end of 2024 were RMB 181,373,359,000, which is a 6.72% increase from RMB 169,953,616,000 in 2023[21] - The net assets attributable to shareholders increased by 17.73% to RMB 18,589,690,000 in 2024 from RMB 15,790,674,000 in 2023[21] Loan and Deposit Growth - The total deposits at the end of 2024 amounted to CNY 151,826,175,000, an increase from CNY 139,208,038,000 at the end of 2023[32] - The total loans at the end of 2024 reached CNY 124,129,589,000, compared to CNY 115,352,491,000 at the end of 2023[32] - The loan scale increased by 7.6%, supporting the growth in revenue and net profit[56] - As of December 31, 2024, the total loans and advances amounted to CNY 124.13 billion, an increase of CNY 8.78 billion or 7.61% compared to the previous year[72] - The total deposits increased to CNY 151.83 billion, reflecting a growth of CNY 12.62 billion or 9.06% year-over-year[80] Risk Management - The bank's non-performing loan ratio is 0.86% for 2024, a decrease from 0.98% in 2023[33] - The non-performing loan ratio decreased to 0.86%, down 0.12 percentage points from the beginning of the year[56] - The balance of non-performing loans was CNY 1,070,360, a reduction of 5.18% from CNY 1,128,871 in 2023[102] - The bank has established a robust framework for managing concentration risk to prevent excessive lending to single clients[120] Digital Transformation and Innovation - The bank implemented a digital transformation strategy, investing in a top-tier technology information center to enhance service intelligence[48] - The bank aims to enhance its digital transformation and provide comprehensive financial services focusing on rural revitalization and green finance[115] - The bank plans to expand its market presence by opening 10 new branches in the next fiscal year[191] - A new digital banking platform is set to launch, aimed at enhancing customer experience and increasing online transactions by 30%[191] Corporate Governance and Investor Relations - The company adheres to legal regulations and has improved its corporate governance structure, ensuring compliance with relevant laws and regulations[158][159] - The board of directors is composed in accordance with the Company Law and the bank's articles of association, with seven specialized committees established to provide professional opinions for decision-making[161] - The company ensures that all shareholders, especially minority shareholders, can fully exercise their rights during shareholder meetings[160] - The company has engaged with institutional investors to discuss business operations and industry trends, indicating a proactive approach to investor relations[150]