Financial Performance - Net profit attributable to shareholders was RMB 17.350 billion, representing a year-on-year increase of 10.93%[9] - Operating income for the first quarter was RMB 53.954 billion, up 3.90% from the same period last year[5] - The net interest income for the three months ended March 31, 2022, is RMB 36,946 million, a slight decrease from RMB 37,408 million in the same period of 2021, reflecting a year-on-year decline of 1.24%[29] - The total operating income for the first quarter of 2022 is RMB 53,954 million, an increase from RMB 51,931 million in the first quarter of 2021, representing a growth of 3.90%[29] - The pre-tax profit for the first quarter of 2022 is RMB 21,127 million, up from RMB 18,613 million in the same period of 2021, indicating a year-on-year increase of 8.09%[29] - The net profit attributable to shareholders for the first quarter of 2022 is RMB 17,538 million, compared to RMB 15,832 million in the first quarter of 2021, marking a growth of 10.78%[30] Asset and Liability Management - Total assets reached RMB 8,233.997 billion as of March 31, 2022, an increase of 2.38% compared to the end of the previous year[4] - The total liabilities stood at RMB 7,577.234 billion, reflecting a growth of 2.39% compared to the end of the previous year[4] - The total assets as of March 31, 2022, amount to RMB 8,233,997 million, an increase from RMB 8,042,884 million as of December 31, 2021, reflecting a growth of 2.37%[32] - The total liabilities as of March 31, 2022, are RMB 7,577,234 million, compared to RMB 7,400,258 million as of December 31, 2021, indicating an increase of 2.39%[32] - The total liabilities and equity as of March 31, 2022, amounted to RMB 8,233,997 million, up from RMB 8,042,884 million as of December 31, 2021, reflecting an increase of 2.37%[33] Customer and Deposit Growth - Customer deposits totaled RMB 4,921.656 billion, an increase of 3.91% compared to the end of the previous year[4] - The personal customer management asset balance reached RMB 3.56 trillion, an increase of 2.46% compared to the end of last year[10] - The total scale of wealth management products was RMB 1.51 trillion, growing by 7.76% year-on-year[10] - The comprehensive financing balance was RMB 11.90 trillion, up 3.70% from the previous year[10] - The number of corporate clients increased to 955,500, an addition of 28,800 clients compared to the end of last year[11] Risk Management - The bank continues to strengthen risk management by focusing on key sectors and enhancing credit support for manufacturing and small to medium enterprises[19] - The bank is committed to maintaining a prudent credit policy in the real estate sector, with a focus on optimizing credit structure and risk control[20] - The bank is advancing digital risk control initiatives, utilizing big data and AI for customer warning models to enhance risk detection and management[19] - The bank is actively supporting quality clients with stable leverage and comprehensive benefits in the real estate sector, while closely monitoring potential risks in the industry chain[20] Capital Adequacy and Ratios - The core tier one capital adequacy ratio was 8.66%, down 0.19 percentage points from the end of last year[14] - The capital adequacy ratio stood at 13.05%, a decrease of 0.48 percentage points compared to the previous year[14] - The leverage ratio was 6.63%, above the regulatory requirement of 4%[17] - The provision coverage ratio improved to 184.19%, an increase of 4.12 percentage points from the previous year[12] Cash Flow and Liquidity - Cash flow from operating activities was RMB 29.757 billion, a turnaround from a negative cash flow of RMB 31.120 billion in the same period last year[6] - The net cash flow generated from operating activities for the first quarter of 2022 was RMB 29,757 million, compared to a negative RMB 31,120 million in the same period of 2021, indicating a significant recovery[35] - The net cash flow from investing activities for the first quarter of 2022 was RMB 25,463 million, a turnaround from a negative RMB 130,942 million in the first quarter of 2021[36] - The net cash flow from financing activities for the first quarter of 2022 was negative RMB 19,672 million, a decrease from a positive RMB 99,103 million in the same period of 2021, indicating a shift in financing strategy[36] - The liquidity coverage ratio as of March 31, 2022, was 124.14%, down from 146.59% on December 31, 2021, remaining above the regulatory requirement of 100%[18] Shareholder Information - The total number of ordinary shareholders was 157,654, with 130,100 being A-share holders and 27,554 H-share holders[21] - China CITIC Limited held 31,988,728,773 shares, representing 65.37% of total shares, making it the largest shareholder[22] - The second-largest shareholder, Hong Kong Central Clearing Limited, held 11,552,474,537 shares, accounting for 23.61%[22] - As of the reporting period, the total number of preferred shareholders is 72, with the largest shareholder being China Mobile Communications Group Co., Ltd., holding 43,860,000 shares, representing 12.53%[26]
中信银行(00998) - 2022 Q1 - 季度财报