Financial Performance - Net profit rose by 4.92% to RMB 675.27 million from RMB 643.62 million in the same period last year[10]. - Operating income increased by 3.73% to RMB 2.45 billion compared to RMB 2.36 billion in the previous year[10]. - Net interest income decreased by 13.19% to RMB 1.55 billion from RMB 1.79 billion in the same period last year[10]. - Total operating income for the first half of 2023 was RMB 2,446.66 million, a 3.73% increase from RMB 2,358.70 million in the same period of 2022[185]. - Net interest income for the six months ended June 30, 2023, was RMB 1,554,533, a decrease of 13.2% from RMB 1,790,738 in the same period of 2022[185]. - The bank's basic and diluted earnings per share for the first half of 2023 were RMB 0.21, up from RMB 0.20 in the same period of 2022[185]. Assets and Liabilities - Total assets reached RMB 153.94 billion, an increase of 3.58% compared to RMB 148.63 billion at the end of 2022[10]. - Total liabilities reached RMB 143.09 billion, an increase of RMB 4.66 billion or 3.36%, primarily due to steady growth in customer deposits[65]. - The bank's total liabilities were RMB 143,092,400, an increase from RMB 138,434,211 at the end of 2022[187]. - The bank's equity attributable to shareholders increased to RMB 10,852,146 from RMB 10,195,616 at the end of 2022[187]. Customer Loans and Deposits - Net customer loans amounted to RMB 85.02 billion, up 6.27% from RMB 80.00 billion at the end of 2022[10]. - Customer deposits totaled RMB 115.48 billion, reflecting a growth of 5.52% from RMB 109.45 billion at the end of 2022[10]. - The bank's net customer loans were RMB 850.17 billion, reflecting a growth of RMB 50.18 billion or 6.27% year-on-year[51]. - As of June 30, 2023, the company's total customer deposits reached RMB 115.48 billion, an increase from RMB 109.45 billion at the end of 2022, representing a growth of 5.12%[68]. Non-Performing Loans and Risk Management - The non-performing loan ratio improved to 1.50%, down from 1.53% at the end of 2022[10]. - The provision coverage ratio increased to 295.10%, up from 256.93% at the end of 2022[10]. - The bank has strengthened its risk management and control, with a focus on improving the quality of credit assets amid a complex global economic environment[74]. - The expected credit loss provision for loans measured at amortized cost increased to RMB 3.81 billion as of June 30, 2023, up RMB 630 million or 19.78% from the end of 2022[88]. Capital Adequacy - The core Tier 1 capital adequacy ratio stood at 8.28%, slightly up from 8.10% at the end of 2022[10]. - The bank's total capital adequacy ratio was 12.97% as of June 30, 2023, a decrease of 0.04 percentage points from the end of 2022, but still exceeding regulatory requirements by 2.47 percentage points[94]. - The bank's net capital increased to RMB 14.31 billion as of June 30, 2023, from RMB 13.62 billion at the end of 2022[94]. Employee and Governance - The total number of employees in the company is 1,435, with an average age of 34.71 years[166]. - The company has established a dual-channel salary promotion system for employees, linking performance pay closely to value creation and performance contributions[172]. - The company’s board consists of 11 members, including 2 executive directors and 4 non-executive directors[159]. - The bank has complied with corporate governance standards and improved its governance structure according to relevant laws and regulations[174]. Market and Investment Activities - The bank's bond investment scale reached CNY 38.601 billion, an increase of CNY 8.872 billion or 29.84% from the beginning of the year[137]. - The bank's holdings of discounted bills increased to CNY 1.884 billion, a rise of CNY 1.447 billion or 331.12% compared to the end of the previous year[134]. - The bank's total interbank borrowing balance was CNY 3.366 billion, a decrease of CNY 1.10 billion or 3.16% from the beginning of the year[132]. Dividends and Shareholder Information - The bank plans to distribute a cash dividend of RMB 0.8 per 10 shares, totaling RMB 217.42 million, subject to shareholder approval[175]. - The total number of shares outstanding as of the end of the reporting period is 2,717,752,062, with 1,964,632,062 domestic shares and 753,120,000 H shares[145]. - The largest shareholder, Luzhou Laojiao Group Co., Ltd., has a beneficial ownership of 390,528,000 domestic shares, which is 14.37% of the total[148].
泸州银行(01983) - 2023 - 中期财报