苏农银行(603323) - 2025 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2025 reached RMB 1,131,735, an increase of 3.29% compared to RMB 1,095,689 in the same period last year[5] - Net profit attributable to shareholders was RMB 439,861, reflecting a growth of 6.19% from RMB 414,204 year-on-year[5] - Basic earnings per share rose to RMB 0.24, up 4.35% from RMB 0.23 in the same period last year[5] - The bank's operating profit for Q1 2025 was CNY 492,131 thousand, an increase of 9.2% from CNY 450,704 thousand in Q1 2024[29] - Investment income rose to CNY 454,941 thousand in Q1 2025, compared to CNY 300,288 thousand in Q1 2024, reflecting a growth of 51.4%[29] Cash Flow and Liquidity - Net cash flow from operating activities improved significantly to RMB 1,581,934, a 166.03% increase from a negative cash flow of RMB -2,395,793 in the previous year[5] - Cash flow from operating activities generated a net cash inflow of CNY 1,581,934 thousand in Q1 2025, a significant improvement compared to a net outflow of CNY 2,395,793 thousand in Q1 2024[31] - The net increase in cash and cash equivalents was -390,959 thousand, compared to -615,153 thousand in the previous period[32] - The beginning balance of cash and cash equivalents was 4,135,655 thousand, down from 5,051,417 thousand[32] - The ending balance of cash and cash equivalents was 3,744,696 thousand, a decrease from 4,436,264 thousand[32] Asset and Liability Management - Total assets at the end of Q1 2025 were RMB 221,889,802, representing a 3.69% increase from RMB 213,987,100 at the end of the previous year[5] - The bank's total liabilities increased to CNY 203,514,528 thousand as of March 31, 2025, compared to CNY 195,931,400 thousand at the end of 2024, marking an increase of approximately 3.0%[28] - The total loans amounted to CNY 133.22 billion, reflecting a growth of 3.00% year-to-date[13] - Total deposits increased to CNY 179.08 billion, marking a 5.19% rise since the start of the year[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,477, with the top 10 shareholders holding a combined 36.81% of shares[9] - The company’s capital adequacy ratio was reported at 12.91%[24] Operational Efficiency - The cost-to-income ratio improved to 30.62%, down from 35.22% in the previous year[22] - The non-performing loan ratio stood at 0.90%, with a provision coverage ratio of 420.03% as of March 31, 2025[13] Strategic Focus - The company continues to focus on supporting private economic development and promoting inclusive finance[13] - The company conducted 11 investor communication activities during the reporting period[11] Other Financial Metrics - Non-recurring gains and losses totaled RMB 3,129, with government subsidies contributing RMB 4,498[7] - Significant changes in financial data included a 2,311.91% increase in interbank and other financial institutions' deposits due to financing strategy adjustments[8] - The weighted average return on equity decreased by 0.20 percentage points to 2.39% compared to 2.59% in the previous year[5] - Net interest income decreased to CNY 703,412 thousand in Q1 2025, down 2.9% from CNY 724,479 thousand in the same period last year[29]