长沙银行(601577) - 2025 Q1 - 季度财报

Financial Performance - The bank reported a revenue of 6,809,292 thousand RMB for Q1 2025, representing a 3.78% increase compared to 6,561,015 thousand RMB in the same period last year[4] - Net profit attributable to shareholders was 2,173,115 thousand RMB, up 3.81% from 2,093,275 thousand RMB year-on-year[4] - Operating revenue for Q1 2025 was RMB 6.81 billion, a year-on-year growth of 3.78%[26] - Net profit attributable to shareholders was RMB 2.17 billion, reflecting a year-on-year increase of 3.81%[26] - Net profit for Q1 2025 was CNY 2,188,832 thousand, slightly higher than CNY 2,179,312 thousand in Q1 2024, indicating a year-over-year increase of 0.4%[33] - Total comprehensive income for Q1 2025 was CNY 1,303,076 thousand, down from CNY 2,274,961 thousand in Q1 2024, indicating a decline of 42.7%[33] - The company’s total expenses for Q1 2025 were CNY 4,210,334 thousand, an increase of 6.8% from CNY 3,940,280 thousand in Q1 2024[32] Asset and Liability Management - The total assets increased by 5.62% to 1,211,242,255 thousand RMB from 1,146,747,921 thousand RMB at the end of the previous year[5] - Total liabilities amounted to RMB 1,129.59 billion, an increase from RMB 1,066.40 billion at the end of 2024[30] - Total assets reached RMB 1,211.24 billion, an increase of RMB 644.94 billion or 5.62% compared to the beginning of the year[26] - Total equity attributable to shareholders reached 79,301,004 thousand RMB, reflecting a 1.65% increase from 78,013,645 thousand RMB at the end of the previous year[5] - Total equity reached RMB 81.65 billion, compared to RMB 80.35 billion at the end of 2024[30] - Total assets increased to CNY 1,152,879,767 thousand as of March 31, 2025, up from CNY 1,093,774,401 thousand at the end of 2024, representing a growth of approximately 5.4%[38] - Total liabilities increased to CNY 1,075,141,941 thousand as of March 31, 2025, compared to CNY 1,017,303,381 thousand at the end of 2024, an increase of about 5.7%[39] - The total equity increased to CNY 77,737,826 thousand as of March 31, 2025, from CNY 76,471,020 thousand at the end of 2024, reflecting a growth of approximately 1.7%[39] Loan and Deposit Growth - The total amount of loans and advances increased by 7.86% to 587,940,511 thousand RMB compared to 545,108,561 thousand RMB at the end of the previous year[5] - Total deposits amounted to RMB 750.71 billion, up by RMB 277.33 billion or 3.84% year-to-date[26] - Loans and advances totaled RMB 587.94 billion, increasing by RMB 428.32 billion or 7.86% since the start of the year[26] - The bank's deposits rose to CNY 748,087,694 thousand as of March 31, 2025, up from CNY 721,299,695 thousand at the end of 2024, indicating a growth of approximately 3.7%[39] - The net increase in customer loans and advances was 38,994,263 thousand RMB, compared to 33,857,395 thousand RMB in the same period last year, indicating growth in lending activities[43] Capital Adequacy and Liquidity - The bank's core tier 1 capital adequacy ratio was 9.74% as of March 31, 2025, slightly up from 9.71% at the end of the previous year[9] - The liquidity coverage ratio stood at 400.69%, indicating a strong liquidity position[12] - The non-performing loan ratio was reported at 1.18%, showing a slight increase from 1.17% at the end of the previous year[19] - Non-performing loan ratio stood at 1.18%, with a provision coverage ratio of 309.82%[26] Cash Flow Analysis - The bank's cash flow from operating activities was negative at -52,785,184 thousand RMB, indicating a significant decrease in cash generation compared to the previous year[4] - The net cash flow from operating activities was negative at CNY -52,785,184 thousand, worsening from CNY -23,713,766 thousand in the previous year[36] - In Q1 2025, the net cash flow from operating activities was -52,239,725 thousand RMB, compared to -23,916,473 thousand RMB in Q1 2024, indicating a significant decline[43] - Cash inflow from investment activities totaled 110,285,363 thousand RMB, up from 46,752,416 thousand RMB in Q1 2024, reflecting a strong investment recovery[43] - The net cash flow from investment activities was 44,203,820 thousand RMB, compared to -3,816,852 thousand RMB in the previous year, showing a positive shift[43] - The net cash flow from financing activities was 9,190,590 thousand RMB, down from 27,528,484 thousand RMB in the same quarter last year, suggesting a decrease in financing efficiency[44] Earnings Per Share - The bank's basic earnings per share increased to 0.54 RMB, a rise of 3.85% from 0.52 RMB in the same period last year[4] - The basic and diluted earnings per share for Q1 2025 were both CNY 0.54, up from CNY 0.52 in Q1 2024, reflecting a growth of 3.8%[33]