Financial Performance - Operating income for Q1 2022 was RMB 2,678,811, a decrease of 5.72% compared to RMB 2,841,252 in Q1 2021[2] - Net profit attributable to shareholders for Q1 2022 was RMB 785,669, an increase of 21.73% from RMB 645,407 in Q1 2021[2] - Basic and diluted earnings per share for Q1 2022 were both RMB 0.15, up 7.14% from RMB 0.14 in Q1 2021[2] - The total comprehensive income for Q1 2022 was RMB 720,344 thousand, down from RMB 861,682 thousand in Q1 2021, a decrease of 16.4%[30] - The bank's net profit before tax for the first quarter of 2022 was RMB 878,530 thousand, up 22.5% from RMB 717,449 thousand in the same period of 2021[37] Cash Flow - Net cash flow from operating activities for Q1 2022 was RMB (15,750,164), a 42.33% improvement from RMB (27,309,810) in Q1 2021[4] - The net cash flow from financing activities for Q1 2022 was RMB 11,059,661 thousand, compared to RMB 16,979,825 thousand in the same period of 2021, reflecting a decrease in financing inflows[39] - The bank's net cash and cash equivalents decreased to RMB 25,850,629 thousand as of March 31, 2022, down from RMB 42,853,368 thousand at the beginning of the year[39] Assets and Liabilities - Total assets as of March 31, 2022, were RMB 527,225,963, a 0.95% increase from RMB 522,249,610 at the end of 2021[2] - Total liabilities as of March 31, 2022, were RMB 489,023,585, a slight increase of 0.02% from RMB 488,921,882 at the end of 2021[2] - The bank's total liabilities and equity amounted to RMB 527,225,963 thousand as of March 31, 2022, slightly up from RMB 522,249,610 thousand at the end of 2021[34] Capital Adequacy - The capital adequacy ratio as of March 31, 2022, was 16.30%, exceeding the regulatory standard of 10.5%[5] - The core tier 1 capital adequacy ratio was 9.30%, an increase of 0.92 percentage points from the end of the previous year[14] - The company's capital adequacy ratio was 16.30%, an increase of 0.47 percentage points from the end of the previous year[14] - The bank's total capital reserve increased to RMB 11,181,510 thousand as of March 31, 2022, up from RMB 8,337,869 thousand at the end of 2021, indicating strong capital growth[34] Loan Performance - The total customer loans amounted to RMB 255.674 billion, increasing by RMB 11.468 billion or 4.70% from the end of the previous year, and a year-on-year increase of RMB 31.668 billion or 14.14%[12] - The non-performing loan ratio as of March 31, 2022, was 1.33%, remaining below the regulatory limit of 5%[5] - The non-performing loan ratio was 1.33%, a decrease of 0.01 percentage points from the end of the previous year and a year-on-year decrease of 0.18 percentage points[14] - The bank reported a credit impairment loss of RMB 956,431 thousand for Q1 2022, down from RMB 1,374,836 thousand in Q1 2021, indicating improved asset quality[37] Shareholder Information - The top shareholder, Hong Kong Central Clearing Limited, holds 1,272,947,424 shares, representing 21.87% of the total shares[16] - The second largest shareholder, Italy's UniCredit Bank, owns 1,018,562,076 shares, accounting for 17.50%[16] - The company has a total of 70,999 A-share shareholders and 154 H-share registered shareholders at the end of the reporting period[19] - The company has a significant number of shares held under lock-up conditions, with 409,693,339 shares held by Qingdao Haier Industrial Development Co., Ltd.[16] - The company has a total of 60,150,000 preferred shares held by The Bank of New York Depository, representing 100% of the preferred shares[20] Operational Efficiency - The cost-to-income ratio for Q1 2022 was 29.93%, an improvement from 33.90% in Q1 2021[5] - The return on average assets for Q1 2022 was 0.61%, consistent with the previous quarter[5] - The bank's total fee and commission income for Q1 2022 was RMB 412,062 thousand, slightly up from RMB 406,908 thousand in Q1 2021, indicating a growth of 1.3%[28] - The bank plans to enhance its retail banking services and expand its green finance initiatives in the upcoming quarters[28] Interest Income - Interest income for Q1 2022 was RMB 4,740,739 thousand, compared to RMB 4,376,131 thousand in Q1 2021, reflecting an increase of 8.3%[28] - Net interest income decreased to RMB 1,916,376 thousand in Q1 2022 from RMB 2,011,458 thousand in Q1 2021, a decline of 4.7%[28] - The bank's interest income from financial investments was RMB (1,258,419) thousand in Q1 2022, slightly better than RMB (1,324,200) thousand in the same period of 2021[37]
青岛银行(03866) - 2022 Q1 - 季度财报