Financial Performance - The operating revenue for the first quarter of 2025 was RMB 186,735 million, representing a year-on-year increase of 0.32%[7] - The net profit attributable to shareholders of the parent company was RMB 71,931 million, reflecting a year-on-year growth of 2.20%[7] - The group achieved a net profit of RMB 72.116 billion for the three months ending March 31, 2025, representing a year-on-year growth of 1.80%[18] - The net profit for the period was RMB 72,116 million, representing an increase of 1.8% compared to RMB 70,839 million in the previous year[30] - Pre-tax profit for the three months ended March 31, 2025, was RMB 77,643 million, a decrease of 2.3% from RMB 79,439 million in the same period of 2024[34] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 44,818,957 million, an increase of 3.66% from the end of the previous year[7] - Total assets reached RMB 44,818.957 billion, an increase of RMB 158.082 billion or 3.66% compared to the end of the previous year[19] - The total liabilities increased to RMB 41,675.952 billion, up RMB 153.509 billion or 3.82% from the end of the previous year[20] - The bank's total liabilities were RMB 41,675,952 million, compared to RMB 40,140,862 million at the end of 2024[32] Shareholder Information - The equity attributable to shareholders of the parent company was RMB 3,137,261 million, up by 1.50% from the previous year[7] - The bank's equity attributable to shareholders was RMB 3,137,261 million, an increase from RMB 3,090,808 million at the end of 2024[32] - The total number of ordinary shareholders at the end of the reporting period was 495,130, with 475,578 A-share shareholders and 19,552 H-share shareholders[10] - The top shareholder, Central Huijin Investment Ltd., held 40.14% of the shares, while the Ministry of Finance of the People's Republic of China held 35.29%[10] Cash Flow - The net cash flow from operating activities was RMB (768,830) million, a significant decrease of 198.12% compared to the same period last year[9] - Cash flow from operating activities showed a net outflow of RMB 768,830 million, compared to a net inflow of RMB 783,563 million in the previous year[34] - Cash flow from investment activities resulted in a net outflow of RMB 145,817 million, significantly improved from a net outflow of RMB 1,187,549 million in the same period last year[35] - Cash flow from financing activities generated a net inflow of RMB 374,422 million, up from RMB 63,340 million in the previous year[35] Loans and Advances - Customer loans and advances totaled RMB 26,187.372 billion, up RMB 128.1185 billion or 5.14% from the end of the previous year[19] - Customer loans and advances in rural areas reached RMB 10,581.049 billion, an increase of RMB 72.6095 billion or 7.37% from the end of the previous year[22] - The net change in customer loans and advances was a decrease of RMB 1,284,220 million, compared to a decrease of RMB 1,245,191 million in the same period last year[34] Income and Expenses - The net interest income was RMB 140.577 billion, a decrease of 2.74% year-on-year, with a net interest margin of 1.34%[18] - For the three months ended March 31, 2025, the net interest income was RMB 140,577 million, a decrease of 2.7% from RMB 144,535 million in the same period of 2024[29] - The bank reported a decrease in net trading income to RMB 7,326 million from RMB 9,445 million year-on-year[29] - The bank's total interest expenses on issued debt securities were RMB 17,306 million, slightly down from RMB 17,467 million in the previous year[34] Dividends - The group distributed a cash dividend of RMB 40.738 billion to ordinary shareholders, with a per-share dividend of RMB 0.1164[25] Other Comprehensive Income - Other comprehensive income for the period was a loss of RMB 21,611 million, compared to a loss of RMB 4,801 million in the previous year[30] Capital Adequacy - The capital adequacy ratio was reported at 17.79%, with a Tier 1 capital ratio of 13.36% and a core Tier 1 capital ratio of 11.23%[24] Non-Performing Loans - Non-performing loans amounted to RMB 334.644 billion, with a non-performing loan ratio of 1.28%, a decrease of 0.02 percentage points from the end of the previous year[21]
农业银行(01288) - 2025 Q1 - 季度业绩