贵阳银行(601997) - 2025 Q1 - 季度财报

Financial Performance - The operating revenue for Q1 2025 was CNY 3,028,873, a decrease of 16.91% compared to CNY 3,645,357 in Q1 2024[3] - The net profit attributable to shareholders of the parent company was CNY 1,442,931, down 6.82% from CNY 1,548,500 in the same period last year[3] - The net interest income for the first quarter of 2025 was RMB 2,458,853 million, down from RMB 2,880,020 million in the same period of 2024, reflecting a decrease of about 14.6%[40] - The bank's net profit for Q1 2025 was RMB 1,468,121 million, compared to RMB 1,564,142 million in Q1 2024, indicating a decline of approximately 6.1%[40] - The bank reported a total comprehensive income of RMB 238,709 million for Q1 2025, significantly lower than RMB 1,913,400 million in Q1 2024, showing a decline of approximately 87.5%[40] Cash Flow - The net cash flow from operating activities increased by 59.10% to CNY 30,316,169 from CNY 19,055,131 in Q1 2024[3] - Total cash inflow from operating activities reached ¥43,001,685 in Q1 2025, a 29.5% increase compared to ¥33,175,149 in Q1 2024[41] - The net cash flow used in investment activities was ¥(21,524,218) in Q1 2025, compared to ¥(17,753,088) in Q1 2024, indicating an increase in cash outflow[41] - The ending cash and cash equivalents balance was ¥31,830,675 in Q1 2025, down from ¥46,001,929 in Q1 2024[41] Assets and Liabilities - Total assets as of March 31, 2025, reached CNY 745,007,011, reflecting a growth of 5.57% from CNY 705,669,175 at the end of 2024[3] - Total liabilities increased to RMB 675,728 million as of March 31, 2025, from RMB 636,629 million at the end of 2024, marking a rise of about 6.1%[37] - Total loans amounted to CNY 344.027 billion, up CNY 4.885 billion or 1.44% year-to-date[30] - Total deposits were CNY 435.614 billion, reflecting an increase of CNY 16.406 billion or 3.91% since the start of the year[30] Capital and Ratios - The consolidated capital adequacy ratio is 14.86%, while the Tier 1 capital adequacy ratio is 13.67% and the core Tier 1 capital adequacy ratio is 12.64% as of March 31, 2025[11] - The liquidity ratio decreased to 77.18% from 95.79% at the end of 2024, and the loan-to-deposit ratio is 78.98%[13] - The leverage ratio is reported at 8.83% as of March 31, 2025, compared to 9.23% at the end of 2024[15] - The total net capital is CNY 73,889,107, with core Tier 1 capital net amounting to CNY 62,832,975[11] Asset Quality - The non-performing loan ratio increased slightly to 1.66% from 1.58% at the end of 2024, with a provision coverage ratio of 236.54%[13] - The company plans to enhance risk management and asset quality control in response to rising non-performing loans[31] - The bank's credit impairment losses for Q1 2025 were RMB 598,938 million, a significant reduction from RMB 1,064,522 million in Q1 2024, indicating an improvement in asset quality[40] Operational Efficiency - The cost-to-income ratio for Q1 2025 was 27.78%, compared to 24.32% in Q1 2024, indicating increased operational costs[8] - The company is actively pursuing new strategies to improve operational efficiency and financial performance[29]