XIANMEN BANK(SH:601187)2025-04-28 14:20Financial Performance - Net profit attributable to shareholders decreased by 14.21% year-on-year to RMB 645,491,000 for Q1 2025[7] - Operating income for Q1 2025 was RMB 1,214,412,000, down 18.42% compared to Q1 2024[7] - Basic and diluted earnings per share were both RMB 0.22, a decrease of 15.38% year-on-year[7] - Net profit for Q1 2025 was RMB 663,394 thousand, a decrease of 13.9% compared to RMB 770,002 thousand in Q1 2024[38][40] - Net interest income for Q1 2025 was RMB 940,258 thousand, down from RMB 985,916 thousand in Q1 2024, reflecting a decline of 4.6%[38] - The bank's earnings per share for Q1 2025 was RMB 0.22, compared to RMB 0.26 in Q1 2024, indicating a decrease of 15.4%[40] Asset and Liability Management - Total assets increased by 1.58% year-on-year to RMB 414,237,130,000 as of March 31, 2025[5] - The company's total liabilities increased to RMB 381.76 billion, up 1.69% from the previous year[18] - The bank's total liabilities rose to RMB 381,756,644 thousand as of March 31, 2025, compared to RMB 375,425,635 thousand at the end of 2024, marking an increase of 1.0%[36] - The total loans and advances amounted to RMB 210.58 billion, reflecting a growth of 2.49% compared to the end of the previous year[18] - The total deposits reached RMB 221.38 billion, an increase of 3.37% year-on-year[22] Cash Flow and Financing Activities - Net cash flow from operating activities was RMB 1,621,703,000, a significant improvement from a negative cash flow of RMB -2,192,829,000 in the same period last year[5][12] - The bank's investment activities generated a net cash flow of RMB 2,878,560 thousand in Q1 2025, a significant improvement compared to a net outflow of RMB 1,046,426 thousand in Q1 2024[44] - The net cash flow from financing activities was negative CNY 3,098,105, contrasting with a positive CNY 1,784,514 in the same period last year[45] - The total cash and cash equivalents at the end of Q1 2025 amounted to CNY 19,359,660, down from CNY 26,152,890 at the end of Q1 2024[45] - The net increase in cash and cash equivalents for Q1 2025 was CNY 1,404,423, while there was a decrease of CNY 1,444,220 in Q1 2024[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,118[13] - The largest shareholder, Xiamen Jinyuan Investment Group, holds 19.18% of the shares, totaling 506,147,358 shares[13] Risk Management and Capital Adequacy - The non-performing loan ratio stood at 0.86%, with a provision coverage ratio of 313.57%[19] - The liquidity coverage ratio was reported at 145.87%, down from 153.11% in the previous period[30] - The core tier 1 capital adequacy ratio was 9.56%, showing a slight increase from 9.36%[25] - The company focused on optimizing structure and enhancing risk management efficiency during the first quarter of 2025[17] Non-Recurring Items - The company reported a total of RMB 1,087,000 in non-recurring gains and losses for Q1 2025, compared to RMB 208,000 in Q1 2024[10] - The bank's credit impairment losses decreased significantly to RMB 27,935 thousand in Q1 2025 from RMB 133,196 thousand in Q1 2024, a reduction of approximately 79.0%[38]