重庆农村商业银行(03618) - 2022 Q1 - 季度财报

Financial Performance - Operating income for Q1 2022 was RMB 7,589.1 million, a 1.36% increase from RMB 7,487.2 million in Q1 2021[4] - Net profit for Q1 2022 reached RMB 3,670.6 million, representing an 11.20% increase compared to RMB 3,300.9 million in Q1 2021[4] - The group achieved a net profit of 3.671 billion yuan for Q1 2022, representing a year-on-year growth of 11.20%[13] - Basic and diluted earnings per share for Q1 2022 were RMB 0.32, up from RMB 0.29 in the same quarter of the previous year, indicating an increase of about 10.3%[19] - The bank reported a profit of RMB 3,670,599 thousand for the three months ended March 31, 2022, compared to RMB 3,300,945 thousand for the same period in 2021, representing an increase of approximately 11.2%[21] - Total operating income reached RMB 13,118,186 thousand, up from RMB 12,488,398 thousand in the previous year, reflecting a growth of approximately 5.0%[45] Assets and Liabilities - Total assets as of March 31, 2022, amounted to RMB 1,309,667.2 million, a 3.43% increase from RMB 1,266,291.2 million at the end of 2021[4] - Customer loans and advances totaled RMB 607,946.4 million, up 4.43% from RMB 582,166.5 million at the end of 2021[4] - Total liabilities increased by 3.45% to RMB 1,199,853.9 million from RMB 1,159,807.1 million at the end of 2021[4] - Customer deposits rose by 7.90% to RMB 819,386.9 million from RMB 759,360.2 million at the end of 2021[4] - Total assets reached 1.309 trillion yuan as of March 31, 2022, an increase of 43.376 billion yuan or 3.43% from the end of the previous year[14] - Total liabilities amounted to 1.199 trillion yuan, up by 40.047 billion yuan or 3.45% from the end of the previous year[14] Cash Flow and Liquidity - Net cash flow from operating activities surged by 221.73% to RMB 53,627.0 million from RMB 16,668.2 million in the same period last year[5] - The liquidity coverage ratio was 265.38% as of March 31, 2022, indicating strong liquidity position[12] - The net cash flow from operating activities was primarily driven by an increase in net customer deposits and interbank placements[30] - Cash and cash equivalents increased to RMB 41,782,249 thousand as of March 31, 2022, compared to RMB 24,527,510 thousand at the end of the previous year, indicating a rise of 70.5%[50] Capital and Ratios - The core tier 1 capital ratio was 12.92% as of March 31, 2022, compared to 12.47% at the end of 2021[9] - The leverage ratio stood at 8.17% as of March 31, 2022, slightly down from 8.19% at the end of 2021[11] - The annualized return on total assets was 1.16%, up by 0.03 percentage points year-on-year[13] - The weighted average return on equity was 14.31%, an increase of 0.68 percentage points year-on-year[13] - The capital adequacy ratio was 15.21% as of March 31, 2022, compared to 14.77% at the end of the previous year[34] Non-Performing Loans and Impairment - Non-performing loan balance was 7.586 billion yuan, with a non-performing loan ratio of 1.25%, unchanged from the end of the previous year[14] - The group’s credit impairment losses decreased by 24.35% year-on-year to 1.082 billion yuan[13] - The bank's credit impairment losses were RMB 2,128,122 thousand, compared to RMB 2,007,962 thousand in the previous year, indicating an increase of approximately 6.0%[45] Shareholder Information - The bank's equity attributable to shareholders rose to RMB 108,230,531 thousand as of March 31, 2022, compared to RMB 104,952,779 thousand at the end of 2021, an increase of about 3.3%[23] - The bank's shareholders' equity was reported at RMB 3,619,171 thousand, an increase from RMB 3,248,349 thousand year-over-year, reflecting a growth of about 11.4%[44] - The bank's major shareholders include Hong Kong Central Clearing Limited, holding 2,513,336,041 shares, which represents a significant portion of the total shareholding structure[41]