SPD BANK(600000)2025-04-29 14:00Financial Performance - Total operating income for Q1 2025 was RMB 45,922 million, a 1.31% increase from RMB 45,328 million in Q1 2024[2] - Net profit attributable to shareholders of the parent company reached RMB 17,598 million, reflecting a 1.02% increase compared to RMB 17,421 million in the same period last year[2] - The basic earnings per share remained stable at RMB 0.57, while the diluted earnings per share also held steady at RMB 0.52[2] - The group's net profit for Q1 2025 reached RMB 17,776 million, up from RMB 17,660 million in Q1 2024, indicating an increase of 0.7%[64] - The total profit for the group was RMB 20,155 million in Q1 2025, slightly down from RMB 20,351 million in Q1 2024, a decrease of 1.0%[62] Cash Flow - The net cash flow from operating activities improved significantly to RMB -202,002 million, a 55.37% increase from RMB -452,630 million in Q1 2024[2] - The group's cash flow from operating activities showed a net outflow of RMB 202,002 million in Q1 2025, compared to an outflow of RMB 452,630 million in Q1 2024, indicating an improvement[66] - Cash flow from investment activities generated a net inflow of RMB 167,048 million in Q1 2025, up from RMB 125,789 million in Q1 2024, representing a growth of 32.7%[68] - The group reported a net cash outflow of RMB 14,871 million in Q1 2025, an improvement from the outflow of RMB 63,405 million in Q1 2024[68] Asset and Liability Management - The total assets as of March 31, 2025, were RMB 9,552,276 million, an increase of 0.96% from RMB 9,461,880 million at the end of 2024[4] - Total liabilities rose to 8,796.647 billion RMB from 8,717.099 billion RMB year-on-year[41] - The company's total liabilities reached RMB 8,796,647 million, up from RMB 8,717,099 million at the end of 2024[60] - The company's total equity amounted to RMB 755,629 million, an increase from RMB 744,781 million at the end of 2024[60] Loan and Deposit Growth - The total loans (including discounted bills) amounted to CNY 5,579.83 billion, increasing by CNY 188.30 billion, or 3.49% year-on-year[15] - The balance of corporate loans (excluding discounts) reached CNY 3.309622 trillion, an increase of CNY 246.008 billion, reflecting a growth of 8.03% year-on-year[30] - The balance of corporate deposits was CNY 3.732716 trillion, an increase of CNY 197.358 billion, marking a growth of 5.58% compared to the previous year[31] - The personal customer base (including credit cards) reached 160 million, with personal deposit balance at CNY 1.677779 trillion, an increase of CNY 127.396 billion, reflecting a growth of 8.22%[34] Non-Performing Loans and Risk Management - The non-performing loan ratio decreased to 1.33%, down by 0.03 percentage points from 1.36%[4] - The non-performing loan balance was CNY 74.28 billion, with a non-performing loan ratio of 1.33%, down 0.03 percentage points from the previous year[17] - The provision coverage ratio improved to 186.99%, an increase of 0.03 percentage points from the previous year-end[51] Business Expansion and Customer Base - The company served over 87,500 technology enterprises, an increase of 16,400, or 23.07% year-on-year[18] - The balance of technology finance loans reached CNY 682.20 billion, an increase of nearly CNY 80 billion, or 13.25% year-on-year[18] - The supply chain finance business served 25,466 active upstream and downstream supply chain customers, with an online business volume of CNY 161.24 billion, a year-on-year increase of 388%[19] - The company had a total of 2.4033 million customers by the end of the reporting period, an increase of 34,800 customers, representing a growth of 1.47% compared to the end of the previous year[30] Investment and Asset Management - The company's financial market business actively managed assets totaling CNY 2.8 trillion by the end of the reporting period[38] - The company's financial market business achieved a profitable bond investment scale exceeding 1.7 trillion RMB during the reporting period[39] - The asset custody business reached a scale of 18.33 trillion RMB, with custody fee income of 696 million RMB[39] - The total product scale of the wholly-owned subsidiary, Puyin Wealth Management, was 1.317198 trillion RMB at the end of the reporting period[39] Capital Adequacy and Liquidity - The core Tier 1 capital adequacy ratio was 8.79%, down from 8.92% at the end of the previous year[44] - The liquidity coverage ratio stood at 121.32%, indicating a strong liquidity position[48]