浦发银行(600000) - 2023 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the parent company was RMB 15,831 million, a decrease of 18.35% year-on-year[2] - Operating income for Q1 2023 was RMB 48,079 million, down 3.85% from the same period last year[2] - Total profit amounted to RMB 19.507 billion, a year-on-year decline of 14.22%[11] - Net profit for the first quarter of 2023 was RMB 12,768 million, compared to RMB 19,597 million in the same period of 2022, reflecting a decrease of 34.9%[33] - The total comprehensive income for Q1 2023 was RMB 13,665 million, down from RMB 18,261 million in Q1 2022, reflecting a decline of 25.4%[34] Asset and Liability Management - Total assets reached RMB 8,862,440 million, an increase of 1.81% compared to the end of 2022[2] - The total liabilities reached RMB 8,140.69 billion, up from RMB 7,997.88 billion, indicating a growth of about 1.78%[18] - The total deposits amounted to RMB 4,895.97 billion, compared to RMB 4,826.48 billion at the end of 2022, reflecting an increase of approximately 1.43%[18] - The company reported a total loan balance of RMB 4,976.21 billion, slightly up from RMB 4,900.66 billion, marking a growth of about 1.54%[18] Loan and Credit Quality - The non-performing loan ratio remained stable at 1.52%[3] - The provision for loan impairment to non-performing loans ratio increased to 160.78%, up 1.74 percentage points[3] - The non-performing loan ratio stood at 1.52%, unchanged from the previous year-end[11] - Non-performing loans totaled RMB 75,554 million, representing a non-performing loan ratio of 1.52%[26] Capital and Liquidity - The core Tier 1 capital adequacy ratio was 9.09% at the end of the reporting period[11] - The capital adequacy ratio was reported at 13.04%, above the regulatory minimum of 11%[25] - The liquidity coverage ratio stood at 116.90%, indicating strong liquidity management[24] - Total capital increased to RMB 884,099 million as of March 31, 2023, up from RMB 865,671 million at the end of 2022[20] Operational Efficiency - The weighted average return on net assets decreased by 0.74 percentage points to 2.54%[2] - The cost-to-income ratio increased by 0.85 percentage points to 24.23%[2] - The company maintained a cost-to-income ratio of 24.23%[11] Customer Engagement and Growth - The company established 517 branches in the Yangtze River Delta region, serving 427,000 corporate clients and 55.18 million individual clients[12] - The company’s wealth management AUM reached RMB 3.94 trillion, with personal financial assets exceeding RMB 600 million for over 42,000 clients[14] - The company’s monthly active users (MAU) for mobile banking surpassed 26.26 million, reflecting a strong digital engagement strategy[17] Cash Flow and Investment - Net cash flow from operating activities was RMB 103,419 million, a significant improvement from a negative RMB 274,764 million in the previous year[5] - Cash inflow from operating activities for Q1 2023 was RMB 388,766 million, an increase of 16.6% from RMB 333,411 million in Q1 2022[35] - The net cash flow from investing activities in Q1 2023 was RMB (194,319) million, compared to RMB (42,351) million in Q1 2022, indicating a significant increase in cash outflow[36] Financial Instruments and Investments - The bank's financial investments in debt securities rose to RMB 1,309,945 million as of March 31, 2023, compared to RMB 1,196,691 million as of December 31, 2022, indicating an increase of 9.4%[31] - The bank's derivative financial assets increased to RMB 46,928 million as of March 31, 2023, compared to RMB 42,829 million as of December 31, 2022, reflecting a growth of 9.8%[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 211,836[6] - The bank's equity attributable to shareholders totaled RMB 713,866 million as of March 31, 2023, up from RMB 697,872 million at the end of 2022, representing a growth of 2.4%[32] - The company’s basic earnings per share for Q1 2023 was RMB 0.64, compared to RMB 0.58 in Q1 2022, reflecting an increase of 10.3%[34]