HUA XIA BANK(SH:600015)2022-04-29 16:00Financial Performance - Total revenue for the first quarter reached RMB 24,000 million, an increase of 1.65% year-on-year[1] - Net profit attributable to shareholders was RMB 5,626 million, reflecting a year-on-year growth of 5.06%[1] - Total profit for the period was RMB 7,546 million, representing a 6.57% increase compared to the previous year[5] - Basic earnings per share were RMB 0.30, an increase of 3.45% compared to the same period last year[1] - The total comprehensive income attributable to shareholders of the parent company was RMB 5,081 million in Q1 2022, compared to RMB 5,598 million in Q1 2021[19] - Net profit for Q1 2022 was RMB 5,727 million, up from RMB 5,452 million in Q1 2021, reflecting a growth of 5.03%[18] Asset and Liability Management - Total assets at the end of the reporting period amounted to RMB 3,824,685 million, up 4.04% from the previous year[2] - The total liabilities were RMB 3,519,737 million, up from RMB 3,375,585 million at the end of 2021, indicating a growth of about 4.25%[17] - The total equity attributable to shareholders increased to RMB 302,437 million from RMB 298,292 million at the end of 2021, reflecting a growth of approximately 1.53%[17] - The total risk-weighted assets amount to 2,791,190 million RMB, with credit risk-weighted assets at 2,604,983 million RMB[9] Loan and Deposit Growth - Total loans increased to RMB 22,960,140 million, a growth of 3.73% from the previous year[5] - Total deposits reached RMB 20,653,660 million, up 8.45% year-on-year[5] - The net increase in customer deposits and interbank and other financial institution deposits was RMB 148,008 million, significantly higher than RMB 69,415 million in Q1 2021[20] - The total loan assets amounted to RMB 2,296,014 million, with normal loans constituting 95.28% of the total, reflecting a year-on-year increase of 3.88%[12] Non-Performing Loans and Risk Management - Non-performing loan ratio decreased to 1.75%, down 0.02 percentage points from the previous year[2] - Provision coverage ratio improved to 153.09%, an increase of 2.10 percentage points year-on-year[2] - The non-performing loan ratio remained stable, with the proportion of normal loans increasing while the proportion of special mention loans decreased by 0.45%[12] Capital Adequacy and Liquidity - The total net core tier 1 capital is reported at 244,232 million RMB, with a core tier 1 capital adequacy ratio of 8.75%[9] - The total capital adequacy ratio stands at 12.76%[9] - The liquidity coverage ratio stood at 122.30%, demonstrating a solid liquidity position with qualified liquid assets amounting to RMB 472,330 million[11] - The leverage ratio improved to 6.71% from 6.95% at the end of 2021, indicating a stronger capital position[10] Shareholder Information - The total number of common shareholders at the end of the reporting period is 116,678, with the top ten shareholders holding a combined 70.82% of shares[6] - Shougang Group Co., Ltd. is the largest shareholder, holding 3,119,915,294 shares, representing 20.28% of total shares[6] - The top ten preferred shareholders hold a total of 58,600,000 shares, representing 29.30% of the preferred shares[8] - The company has a total of 1,307,198,116 shares under lock-up conditions held by Beijing Infrastructure Investment Co., Ltd.[6] Cash Flow and Operating Activities - Net cash flow from operating activities was RMB 39,199 million, a significant increase of RMB 591.72 million year-on-year[4] - The company reported a cash net outflow of RMB 386,187 million over the next 30 days, indicating a need for careful liquidity management[11] - The cash and cash equivalents at the end of Q1 2022 amounted to RMB 103,782 million, up from RMB 64,675 million at the end of Q1 2021[21]