Financial Performance - Net profit for Q1 2022 was RMB 1.49 billion, a slight increase of 0.76% compared to RMB 1.48 billion in Q1 2021[3] - Operating income decreased by 13.35% to RMB 3.13 billion from RMB 3.61 billion in the same period last year[3] - Basic earnings per share for Q1 2022 were RMB 0.42, unchanged from Q1 2021[4] - The net interest income for the first quarter was RMB 2.69 billion, down from RMB 2.88 billion in the same period last year[21] - The company reported a pre-tax profit of RMB 1,784,487 thousand for the three months ended March 31, 2022, down from RMB 1,862,705 thousand in the same period of 2021, reflecting a decrease of 4.18%[26] Assets and Liabilities - Total assets as of March 31, 2022, reached RMB 643.15 billion, an increase of 3.91% compared to the end of 2021[3] - Total liabilities amounted to RMB 591.51 billion, up by 3.83% from the previous year-end[3] - The total liabilities and equity as of March 31, 2022, amounted to RMB 643,150,436 thousand, an increase from RMB 618,953,620 thousand as of December 31, 2021, showing a growth of 3.93%[25] Customer Loans and Deposits - Customer loans and advances totaled RMB 329.77 billion, reflecting a growth of 3.68% year-on-year[3] - Customer deposits rose to RMB 357.76 billion, marking a 5.63% increase compared to the previous year-end[3] - Total customer loans and advances amounted to RMB 329.77 billion, an increase of RMB 11.71 billion or 3.68% compared to the end of the previous year[17] Capital and Ratios - The core tier 1 capital ratio improved to 9.98% as of March 31, 2022, compared to 9.36% at the end of 2021[6] - The core Tier 1 capital adequacy ratio was 9.98%, and the total capital adequacy ratio was 13.42%, both showing increases from the end of the previous year[17] Cash Flow - Net cash outflow from operating activities surged by 222.35% to RMB (25.34 billion) due to adjustments in borrowing scale from other financial institutions[9] - The net cash flow from operating activities for the three months ended March 31, 2022, was RMB (25,339,566) thousand, compared to RMB (7,860,809) thousand for the same period in 2021, indicating a significant increase in cash outflow[27] - Net cash inflow from investment activities for the three months ended March 31, 2022, was RMB 13,018,737 thousand, compared to a net cash outflow of RMB (2,382,270) thousand in the same period of 2021[28] - The net cash inflow from financing activities for the three months ended March 31, 2022, was RMB 11,631,891 thousand, compared to RMB 8,076,873 thousand in the same period of 2021, indicating a growth of 44.56%[28] Shareholder Information - The total number of ordinary shareholders as of the reporting period end is 85,409, with 84,292 A-share shareholders and 1,117 H-share shareholders[10] - The top ten ordinary shareholders hold a total of 2,885,000,000 shares, accounting for 82.56% of the total share capital[11] - Hong Kong Central Clearing (Agent) holds 1,172,860,932 shares, representing 33.76% of the total share capital[11] - Chongqing Yufu Capital Operating Group holds 485,434,803 shares, accounting for 13.97% of the total share capital, with 407,929,748 shares under lock-up conditions[11] - Lifan Technology Group holds 458,574,853 shares, which is 13.20% of the total share capital, with 129,564,932 shares pledged[11] - The total number of pledged shares is 213,057,371, which is 6.13% of the total share capital[15] - The total number of frozen shares is 1,821,216, accounting for 0.05% of the total share capital[15] - The only preferred shareholder is The Bank of New York Depository (Nominees) Limited, holding 37,500,000 shares, representing 100% of the preferred shares[16] - The top ten unrestricted shareholders hold a total of 1,172,860,932 shares, which includes both A and H shares[12] - The combined shareholding of Chongqing Yufu Capital and its affiliates amounts to 516,608,350 shares, representing 14.87% of the total share capital[14] Other Financial Metrics - The non-performing loan balance was RMB 4.27 billion, with a non-performing loan ratio of 1.30%, unchanged from the end of the previous year[17] - The company’s provision for loan losses decreased to RMB 674,131 thousand for the three months ended March 31, 2022, from RMB 1,026,191 thousand in the same period of 2021, reflecting a reduction of 34.3%[26] - As of March 31, 2022, total equity attributable to shareholders increased to RMB 49,622,266 thousand from RMB 47,273,188 thousand as of December 31, 2021, representing a growth of 4.97%[25] - The company’s total shareholders' equity increased by 4.8% from RMB 49,246,695 thousand as of December 31, 2021, to RMB 51,642,546 thousand as of March 31, 2022[25]
重庆银行(01963) - 2022 Q1 - 季度财报