Financial Performance - Luzhou Bank's total assets reached RMB 148.63 billion, with total customer loans amounting to RMB 83.18 billion and total customer deposits of RMB 109.45 billion[8]. - Net interest income increased by 10.89% year-on-year to RMB 3.26 billion, while net fee and commission income rose by 63.79% to RMB 0.94 billion[12]. - Operating income for the year was RMB 3.90 billion, reflecting a 3.33% increase compared to the previous year[12]. - The bank's pre-tax profit was RMB 1.01 billion, an increase of 8.58% year-on-year, and net profit reached RMB 807.53 million, up 9.98%[12]. - Earnings per share increased to RMB 0.26 from RMB 0.24, showing a growth of 8.33%[11]. - The bank's equity attributable to shareholders per share was RMB 3.13, up from RMB 2.95, indicating a growth of 6.09%[12]. - Total assets increased by 10.50% year-on-year to RMB 148.63 billion in 2022[13]. - Net customer loans rose by 10.75% year-on-year to RMB 80.00 billion[13]. - Total liabilities increased by 10.92% year-on-year to RMB 138.43 billion[13]. - Customer deposits grew by 15.49% year-on-year to RMB 109.45 billion[13]. - The bank paid RMB 8.87 billion in taxes, an increase of 8.38% year-on-year[17]. - The bank's expected credit loss and other asset impairment losses were RMB 1.32 billion, a slight decrease of 1.65% from the previous year[12]. Loan and Deposit Growth - Total loans stood at RMB 83.18 billion, with a year-on-year increase of 11.10%[19]. - The bank added 140,000 new customers, bringing the total to 1.29 million, with a 343% increase in acquiring customers year-on-year[19]. - Corporate loans totaled RMB 69.55 billion, increasing by RMB 8.67 billion, with a growth rate of 14.25%, accounting for 83.61% of total customer loans[54]. - Personal loans reached RMB 12.46 billion, an increase of RMB 2.29 billion, with a growth rate of 22.52%, accounting for 14.98% of total customer loans[56]. - Customer deposits totaled RMB 109,445.66 million, up RMB 14,677.70 million or 15.49% year-over-year, accounting for 79.06% of total liabilities[68]. Asset Quality and Risk Management - Non-performing loan ratio increased to 1.53%, up from 1.42% in 2021[13]. - The total amount of non-performing loans was RMB 12,674.96 million, with a non-performing loan ratio of 1.53%, an increase of 0.11 percentage points from the previous year[74]. - The allowance for credit losses on loans measured at amortized cost increased to RMB 3.18 billion, compared to RMB 2.64 billion in the previous year[51]. - The bank's overdue loans amount to RMB 1.575 billion, representing 1.90% of the total loan amount, a decrease of 0.36 percentage points from the previous year[87]. - The bank's non-performing asset management measures include early intervention and tailored risk resolution plans for overdue loans[90]. Capital Adequacy and Financial Stability - Capital adequacy ratio decreased to 13.01%, down from 13.36% in 2021[14]. - Core Tier 1 capital ratio improved slightly to 8.10% from 8.05% in 2021[14]. - The capital adequacy ratio at the end of the reporting period was 13.01%, a decrease of 0.35 percentage points from the previous year, exceeding regulatory requirements by 2.51 percentage points[93]. - The Tier 1 capital adequacy ratio was 9.72%, down 0.03 percentage points year-on-year, which is still above the regulatory requirement by 1.22 percentage points[93]. Operational Efficiency and Cost Management - The bank's operating expenses rose to RMB 1.575 billion in 2022, an increase of RMB 67 million or 4.47% from the previous year[46]. - Non-interest income decreased to RMB 644 million in 2022, down RMB 194 million or 23.18% compared to 2021[42]. - The bank's total interest expenses reached RMB 4.237 billion in 2022, growing by RMB 225 million or 5.61% from the previous year, mainly due to the increase in interest-bearing liabilities[41]. Innovation and Digital Banking - The bank plans to expand its market presence with a focus on digital banking innovations and enhancing mobile payment services[10]. - Eight new online credit products were launched, increasing the total to 17, enhancing technological support capabilities[19]. Shareholder and Governance Structure - The bank's total share capital remained unchanged at 2,717,752,062 shares throughout 2022[140]. - The top shareholder, Luzhou Laojiao Group Co., Ltd., held 390,528,000 shares, accounting for 14.37% of the total shares[143]. - The bank's board includes 10 members, with the chairman and executive director, You Jiang, having been with the bank since July 2014[154]. - The bank's independent non-executive directors include Huang Yongqing and Tang Baoqi, who joined in November 2017 and May 2018, respectively[154]. Employee and Workforce Insights - The total number of employees at Luzhou Bank is 1,408, with an average age of 34.07 years[190]. - Employees aged 20 to 30 years account for 35.09% of the workforce, while those aged 30 to 40 years make up 43.11%[190]. - The bank has 252 employees with a master's degree or higher, representing 17.90% of the total workforce[192]. - Male employees constitute 43.61% of the workforce, while female employees account for 56.39%[194].
泸州银行(01983) - 2022 - 年度财报