2022-04-22 16:00Financial Performance - Net profit attributable to shareholders for Q1 2022 was RMB 36,022 million, a year-on-year increase of 12.52%[5] - Basic earnings per share for ordinary shareholders was RMB 1.43, reflecting a 12.60% increase compared to the same period last year[5] - The company achieved operating revenue of CNY 91,990 million in Q1 2022, a year-on-year increase of 8.54%[17] - Net profit for Q1 2022 reached RMB 36,309 million, an increase of 12.7% from RMB 32,249 million in Q1 2021[58] - Total operating income for Q1 2022 reached RMB 91,990 million, up from RMB 84,751 million in Q1 2021, reflecting a growth of 8.8%[58] - Net interest income for Q1 2022 was RMB 54,464 million, compared to RMB 49,524 million in Q1 2021, representing an increase of 9.9%[58] - The bank's total comprehensive income for Q1 2022 was RMB 32,752 million, compared to RMB 28,922 million in Q1 2021, reflecting a growth of 13.4%[62] Asset and Liability Management - Total assets as of March 31, 2022, reached RMB 9,415,379 million, an increase of 1.80% compared to the end of 2021[4] - The company's total liabilities amounted to RMB 8.51 trillion, up from RMB 8.38 trillion at the end of the previous year[54] - The bank's total assets as of March 31, 2022, amounted to RMB 8,834,369 million, up from RMB 8,700,134 million at the end of 2021, indicating a growth of 1.5%[56] - Customer deposits increased to RMB 6,494,494 million in Q1 2022, compared to RMB 6,150,241 million in Q4 2021, marking a rise of 5.6%[56] Equity and Shareholder Information - Total equity attributable to shareholders increased to RMB 893,494 million, up 4.05% from the end of 2021[4] - The number of ordinary shareholders reached 497,144, with 467,333 being A-share shareholders[9] - The top 10 shareholders include Hong Kong Central Clearing (Agent) with 4,552,885,976 shares, representing 18.05% of total equity, an increase of 479,661 shares from the previous year[10] Risk Management and Loan Quality - The non-performing loan balance was CNY 54,138 million, with a non-performing loan ratio of 0.94%, an increase of 0.03 percentage points year-on-year[18] - The company’s credit impairment losses were CNY 21,523 million, a year-on-year increase of 4.76%[25] - The balance of overdue loans is 62.65 billion RMB, an increase of 5.22 billion RMB, with an overdue loan ratio of 1.09%, up 0.07 percentage points[32] - The company will strengthen risk management measures and optimize risk management strategies based on specific project risks[31] Customer and Market Insights - The company's retail customer base reached 176 million, a growth of 1.73% compared to the end of the previous year[50] - The total assets under management (AUM) for retail customers amounted to RMB 11.34 trillion, an increase of RMB 580.08 billion, or 5.39%[50] - The number of high-net-worth clients (with average total assets of RMB 500,000 or more) grew to 3.89 million, a 6.06% increase year-over-year[50] Cash Flow and Liquidity - Net cash flow from operating activities was RMB 5,551 million, a significant improvement from a net outflow of RMB 32,388 million in the same period last year[5][6] - The liquidity coverage ratio for Q1 2022 averaged 175.32%, an increase of 10.50 percentage points from the previous quarter[71] - The total amount of qualified liquid assets was RMB 1,547,672 million, with a net cash outflow of RMB 882,787 million[72] Investment and Income Sources - Non-interest income for Q1 2022 was CNY 37,526 million, reflecting a year-on-year growth of 6.53%[21] - The bank's investment income for Q1 2022 was RMB 7,793 million, compared to RMB 5,321 million in Q1 2021, representing a significant increase of 46.4%[58] - Fee and commission income rose to RMB 27,433 million, compared to RMB 26,713 million in Q1 2021, marking a 2.7% increase[61]