2025-04-29 08:40Financial Performance - For Q1 2025, the operating income was RMB 204,688 million, a decrease of 2.61% compared to RMB 210,165 million in Q1 2024[8] - The net profit attributable to shareholders was RMB 84,156 million, down 3.99% from RMB 87,653 million in the same period last year[8] - In Q1 2025, the company achieved a net profit of 84.709 billion RMB, a year-on-year decrease of 3.81%[26] - Basic and diluted earnings per share were both RMB 0.23, a decline of 4.17% from RMB 0.24 in Q1 2024[8] - The total comprehensive income for Q1 2025 was RMB 67,172 million, a decrease of 33.5% from RMB 100,977 million in Q1 2024[32] - The bank's net fee and commission income for Q1 2025 was RMB 38,878 million, a slight decrease of 1.2% from RMB 39,342 million in Q1 2024[30] - The bank reported a credit impairment loss of RMB 56,969 million for Q1 2025, down from RMB 59,918 million in Q1 2024[30] Cash Flow - The net cash flow from operating activities decreased by 31.07%, from RMB 1,367,252 million to RMB 942,479 million[10] - For the three months ended March 31, 2025, the net cash flow from operating activities was RMB 942,479 million, a decrease of 31.1% compared to RMB 1,367,252 million in the same period of 2024[36] - The net cash flow from investment activities was negative RMB 797,534 million, significantly higher than the negative RMB 199,921 million recorded in the first quarter of 2024[37] - The net cash flow from financing activities increased to RMB 386,082 million, compared to RMB 65,894 million in the same period last year[37] - The net increase in cash and cash equivalents was RMB 531,027 million, compared to RMB 1,233,225 million in the first quarter of 2024[37] Assets and Liabilities - The total assets as of March 31, 2025, increased by 5.58% to RMB 51,547,045 million from RMB 48,821,746 million at the end of 2024[8] - Total assets reached 5,154.7045 billion RMB, an increase of 272.5299 billion RMB, growing by 5.58% compared to the end of the previous year[27] - Total liabilities amounted to 4,748.6219 billion RMB, an increase of 265.1739 billion RMB, growing by 5.91%[27] - Total liabilities as of March 31, 2025, were RMB 47,486,219 million, reflecting a rise of 5.9% from RMB 44,834,480 million as of December 31, 2024[34] - Customer loans and advances totaled 29,683.041 billion RMB, increasing by 1,310.812 billion RMB, a growth of 4.62%[27] - Customer loans and advances amounted to RMB 28,889,645 million, up from RMB 27,613,781 million as of December 31, 2024[33] - Customer deposits reached 3,643.1832 billion RMB, increasing by 159.4859 billion RMB, a growth of 4.58%[27] - Customer deposits rose to RMB 1,645,342 million, up from RMB 1,521,252 million in the first quarter of 2024, reflecting a growth of 8.1%[36] Capital and Ratios - The equity attributable to shareholders rose by 1.67% to RMB 4,036,224 million from RMB 3,969,841 million at the end of 2024[8] - The annualized return on equity decreased by 1.00 percentage points to 9.06% from 10.06% in the previous year[8] - The company’s core Tier 1 capital adequacy ratio stood at 13.89%, meeting regulatory requirements[28] - The core Tier 1 capital ratio as of March 31, 2025, was 13.89%, slightly down from 14.10% at the end of 2024[42] - The total risk-weighted assets increased to RMB 26,580,039 million from RMB 25,710,855 million at the end of 2024, indicating a growth of 3.4%[42] - The leverage ratio was 7.47% as of March 31, 2025, down from 7.75% at the end of 2024[43] - The leverage ratio calculated as total loss-absorbing capacity over adjusted on- and off-balance sheet assets is 10.80%[46] Shareholder Information - As of the report date, the total number of ordinary shareholders was 707,770, with 103,824 holding H shares and 603,946 holding A shares[12] - The top shareholder, Central Huijin Investment Ltd., held 34.79% of A shares, totaling 124,004,660,940 shares[14] - The number of overseas preferred shareholders was 1, while there were 30 domestic preferred shareholders for "ICBC Preferred 1" and 37 for "ICBC Preferred 2" as of the report date[16] Risk Management - The liquidity coverage ratio was 121.09% as of March 31, 2025, down from 140.25% at the end of 2024[43] - The total expected cash outflows amount to CNY 11,735,576 million, while the total expected cash inflows are CNY 5,139,165 million[56] - The qualified liquid assets total CNY 9,311,991 million, which includes cash and regulatory-compliant bonds[56] - The net cash outflow is reported at CNY 7,692,162 million after adjustments[56] - The balance of retail deposits and small business customer deposits is CNY 20,067,651 million, with stable deposits at CNY 74,752 million[56] - The amount of unsecured wholesale financing is CNY 17,793,238 million, with business relationship deposits at CNY 8,051,155 million[56]