浙商银行(02016) - 2022 Q1 - 季度财报

Financial Performance - Operating income for Q1 2022 was RMB 15,413 million, representing an 18.34% increase year-over-year from RMB 13,024 million in Q1 2021[5] - Net profit attributable to shareholders for Q1 2022 was RMB 5,118 million, up 11.84% from RMB 4,576 million in the same period last year[5] - The bank's basic earnings per share for Q1 2022 was RMB 0.20, an increase of 17.65% from RMB 0.17 in Q1 2021[5] - Total operating income for Q1 2022 was RMB 15,413 million, a 18.4% increase from RMB 13,024 million in the same period last year[24] - Net profit for Q1 2022 reached RMB 5,222 million, representing a 12.2% increase compared to RMB 4,657 million in Q1 2021[24] - The bank reported a total comprehensive income of RMB 5,033 million for Q1 2022, compared to RMB 4,628 million in the previous year[26] - Pre-tax profit for 2022 was 6,124 million RMB, an increase from 5,821 million RMB in 2021, reflecting a growth of approximately 5.2%[31] Asset and Liability Management - Total assets as of March 31, 2022, reached RMB 2,481,669 million, an increase of 8.53% compared to December 31, 2021[4] - The total liabilities reached RMB 2,325,368 million, an increase of 9.70% from RMB 2,119,840 million at the end of 2021[4] - Total assets reached CNY 2,481.67 billion, an increase of CNY 194.95 billion or 8.53% compared to the end of the previous year[18] - The bank's total liabilities increased to CNY 2,325.37 billion, up CNY 205.53 billion or 9.70% from the previous year-end[18] Capital Adequacy and Liquidity - The bank's core tier 1 capital adequacy ratio stood at 8.05% as of March 31, 2022, slightly down from 8.13% at the end of 2021[8] - The capital adequacy ratio stood at 11.74%, a decrease of 1.15 percentage points from the end of the previous year[18] - The liquidity coverage ratio was 134.97% as of March 31, 2022, down from 163.50% at the end of 2021[11] Loan and Deposit Growth - The total loans and advances amounted to RMB 1,427,251 million, reflecting a growth of 5.94% compared to RMB 1,347,239 million at the end of 2021[4] - The net increase in loans and advances for 2022 was 80,565 million RMB, up from 48,709 million RMB in 2021, indicating a significant increase in lending activity[31] - The net increase in customer deposits for 2022 was 97,174 million RMB, compared to a decrease of 62,623 million RMB in 2021, indicating strong deposit growth[31] Non-Interest Income and Cost Management - Non-interest income accounted for 25.40% of total operating income, up from 22.70% in the previous year[6] - The bank's cost-to-income ratio improved to 23.84%, down from 25.18% in the same period last year[6] - Non-interest income reached CNY 3.92 billion, a year-on-year increase of CNY 959 million or 32.44%[18] Cash Flow and Investment Activities - The bank's cash flow from operating activities showed a significant improvement, with a net inflow of CNY 48.35 billion compared to a net outflow in the previous year[21] - The net cash flow from operating activities for 2022 was 48,348 million RMB, a significant recovery from a net outflow of 70,128 million RMB in 2021[31] - The net cash used in investment activities for 2022 was 38,556 million RMB, a decline from a net inflow of 7,063 million RMB in 2021, indicating increased investment outflows[33] - Cash received from investment income in 2022 was 6,704 million RMB, up from 4,696 million RMB in 2021, showing a growth of approximately 42.7%[33] Risk Management - The non-performing loan ratio remained stable at 1.53%, unchanged from the end of the previous year[18] - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies[27] Future Outlook - The bank plans to expand its market presence through strategic partnerships and technology investments in the coming quarters[30]