ZJB(SH:601860)2025-04-24 12:45Financial Performance - Operating revenue for Q1 2025 was CNY 1,140,681, a decrease of 4.82% compared to CNY 1,198,420 in the same period last year[4] - Net profit attributable to shareholders was CNY 421,768, representing a 4.04% increase from CNY 405,376 year-on-year[4] - Net interest income decreased to CNY 829,029 thousand from CNY 975,947 thousand, a decline of approximately 15.03% year-over-year[28] - Total operating income for Q1 2025 was CNY 1,140,681 thousand, compared to CNY 1,198,420 thousand in Q1 2024, indicating a decrease of about 4.83%[28] - Basic earnings per share remained stable at CNY 0.11 for both Q1 2025 and Q1 2024[29] Cash Flow and Investments - Net cash flow from operating activities decreased by 15.65% to CNY 10,570,576 from CNY 12,531,197 in the previous year[4] - Cash flow from operating activities for Q1 2025 was CNY 10,570,576 thousand, down from CNY 12,531,197 thousand in Q1 2024, a decrease of about 15.6%[33] - Investment activities resulted in a net cash outflow of CNY 15,057,715 thousand in Q1 2025, compared to a net outflow of CNY 2,913,312 thousand in Q1 2024[33] - Investment income increased by 49.96% due to higher bond disposal gains[8] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 280,253,743, an increase of 3.82% from CNY 269,944,211 at the end of the previous year[5] - Total assets increased to RMB 280,253,743 thousand as of March 31, 2025, up from RMB 269,944,211 thousand at the end of 2024, representing a growth of approximately 1.43%[14] - Total liabilities rose to RMB 260,256,504 thousand, compared to RMB 250,008,051 thousand at the end of 2024, indicating an increase of about 4.91%[14] - The total liabilities increased to CNY 260,256,504 thousand from CNY 250,008,051 thousand, reflecting a growth of approximately 4.9% year-over-year[25] - The total equity increased to CNY 19,997,239 thousand from CNY 19,936,160 thousand, a growth of about 0.31%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,725[10] - The top shareholder, Nanjing Zijin Investment Group Co., Ltd., held 328,129,524 shares, representing 8.96% of total shares[11] Ratios and Efficiency - The weighted average return on equity was 2.11%, down by 0.06 percentage points from 2.17% in the same period last year[5] - The liquidity ratio decreased to 73.59% in Q1 2025 from 94.00% in 2024, indicating a significant drop in liquidity[16] - The capital adequacy ratio decreased to 12.69% as of March 31, 2025, down from 13.00% at the end of 2024[17] - The net stable funding ratio was reported at 134.30% as of March 31, 2025, slightly down from 135.06% at the end of 2024[21] - The cost-to-income ratio improved to 31.08% in Q1 2025 from 35.97% in 2024, indicating better operational efficiency[18] - The core tier one capital adequacy ratio was 10.50% as of March 31, 2025, unchanged from the end of 2024[17] Loan and Deposit Information - The total loans amounted to RMB 191,166,049 thousand, an increase from RMB 188,851,782 thousand at the end of 2024, showing a growth of approximately 1.39%[22] - Customer deposits and interbank deposits increased by CNY 19,023,434 thousand in Q1 2025, compared to CNY 14,376,432 thousand in Q1 2024, marking a growth of approximately 32.5%[32] - The total deposits reached RMB 221,096,032 thousand, up from RMB 209,964,537 thousand, reflecting a growth of approximately 5.37%[14] Non-Performing Loans - The non-performing loan ratio remained stable at 1.24% for both Q1 2025 and the full year 2024[16]