Changshu Bank(SH:601128)2025-04-25 11:30Financial Performance - The bank reported a total operating income of CNY 2,970,661, representing a year-on-year increase of 10.04%[4] - Net profit attributable to shareholders reached CNY 1,083,791, up 13.81% compared to the same period last year[4] - Total profit for Q1 2025 reached CNY 1,377,690 thousand, a 12.2% increase from CNY 1,227,311 thousand in Q1 2024[27] - Net profit attributable to shareholders of the parent company was CNY 1,083,791 thousand, up 13.8% from CNY 952,266 thousand in the previous year[27] - The bank's basic earnings per share increased to CNY 0.36, a rise of 12.50% year-on-year[4] - The basic earnings per share for Q1 2025 was CNY 0.36, compared to CNY 0.32 in Q1 2024, reflecting a growth of 12.5%[27] Asset and Liability Management - Total assets increased to CNY 389,015,217, reflecting a growth of 6.12% from the end of the previous year[4] - Total liabilities increased to CNY 357,373,140 thousand from CNY 335,913,331 thousand, reflecting a rise of about 6.4%[24] - The total equity attributable to shareholders rose to CNY 29,564,295 thousand, up from CNY 28,647,828 thousand, indicating an increase of approximately 3.2%[25] - Cash and deposits with the central bank decreased to CNY 20,642,360 thousand from CNY 23,631,074 thousand, a decline of approximately 12.6%[24] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 21.72%, totaling CNY 13,188,242[4] - The net cash flow from operating activities was CNY 13,188,242 thousand, a decrease of 21.5% from CNY 16,847,220 thousand in Q1 2024[30] - Cash and cash equivalents at the end of Q1 2025 totaled CNY 19,169,739 thousand, an increase from CNY 13,428,969 thousand in Q1 2024[30] - Investment activities resulted in a net cash outflow of CNY 9,186,317 thousand, an improvement from a net outflow of CNY 12,159,642 thousand in Q1 2024[30] - The bank's liquidity coverage ratio was reported at 220.28%, indicating strong liquidity management[18] Loan and Deposit Metrics - The loan-to-deposit ratio stood at 71.33%, with loans under CNY 10 million amounting to CNY 178,070 million[9] - The bank's loan and advance issuance amounted to CNY 241,312,765 thousand, compared to CNY 232,489,390 thousand in the previous period, marking a growth of about 3.5%[24] - The bank's total deposits increased to CNY 316,691,902 thousand from CNY 294,965,058 thousand, reflecting a growth of about 7.4%[24] Non-Performing Loans and Risk Management - The non-performing loan ratio slightly improved to 0.76% from 0.77% at the end of the previous year[12] - Core Tier 1 capital adequacy ratio decreased to 10.78% from 11.18% at the end of the previous year[15] Income Sources - The bank's commission income surged by 67.10%, reaching CNY 117,075, driven by increased fees from precious metals and insurance[8] - Net interest income rose to CNY 2,317,246 thousand, up from CNY 2,296,382 thousand, reflecting a growth of 0.87%[26] - Net fee and commission income significantly increased to CNY 70,826 thousand, compared to CNY 11,899 thousand, marking a growth of 495.4%[26] Shareholder Information - The number of shares held by the top 10 shareholders accounted for 27.18% of total shares, with the largest shareholder holding 9.01%[21] - The bank engaged with 152 institutional investors across 16 meetings during the reporting period, indicating active investor relations[22] Other Comprehensive Income - The bank's other comprehensive income decreased to CNY 624,612 thousand from CNY 790,834 thousand, a decline of approximately 21%[25] Comparative Performance - Total operating income for Q1 2025 was CNY 2,970,661 thousand, an increase of 10.03% compared to CNY 2,699,689 thousand in Q1 2024[26]