无锡银行(600908) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 362,714, representing a 5.96% increase year-on-year[14]. - Operating income for the quarter was CNY 1,098,684, up 3.62% from the same period last year[14]. - The net profit for the period is projected to remain stable without significant changes compared to the previous year[27]. - Net profit for Q1 2021 reached 367,542 thousand RMB, representing an increase of 6.9% from 344,075 thousand RMB in Q1 2020[43]. - Earnings per share (EPS) for Q1 2021 was 0.20 RMB, compared to 0.19 RMB in Q1 2020, indicating a growth of 5.3%[45]. - The total comprehensive income for Q1 2021 was 362,834 thousand RMB, down from 457,540 thousand RMB in the previous year[45]. Assets and Liabilities - Total assets increased to CNY 191,113,314, a growth of 6.16% compared to the previous year-end[14]. - The company's total liabilities increased to CNY 176,611,561, a rise of 6.43% year-on-year[25]. - Total assets reached CNY 191,113,314 thousand, up from CNY 180,018,291 thousand, reflecting an increase of 6.09%[30]. - Total liabilities increased to CNY 176,611,561 thousand, compared to CNY 165,948,002 thousand, marking a growth of 6.00%[32]. - The bank's equity attributable to shareholders reached CNY 14,405,775 thousand, an increase from CNY 13,979,139 thousand, reflecting a growth of 3.05%[32]. Cash Flow - Net cash flow from operating activities decreased by 51.87% to CNY 1,945,996 compared to the previous year[14]. - Net cash flow from operating activities for Q1 2021 was 1,945,996, a decrease of 52.0% compared to 4,042,993 in Q1 2020[55]. - Cash inflow from operating activities totaled 11,810,898, up 35.5% from 8,703,797 in the same period last year[55]. - Cash outflow from operating activities increased to 9,864,902, a rise of 111.5% compared to 4,660,804 in Q1 2020[55]. - Cash flow from investing activities showed a net outflow of -4,274,721, worsening from -2,518,068 in Q1 2020[55]. - The ending balance of cash and cash equivalents was 3,991,541, down from 5,524,315 in Q1 2020[57]. Deposits and Loans - Customer deposits rose to CNY 152,492,875 thousand, an increase of 4.93% from CNY 145,292,749 thousand[30]. - The bank's loan issuance increased to CNY 104,136,719 thousand, up from CNY 95,942,814 thousand, representing an increase of 4.00%[30]. - The company reported a net increase in customer loans and advances of 8,515,165, compared to 5,953,317 in Q1 2020, representing a growth of 43.0%[55]. - Total deposits increased to ¥148,673,080 thousand as of March 31, 2021, up from ¥141,332,321 thousand as of December 31, 2020, representing a growth of 9.4%[68]. - The total loan amount reached ¥108,252,795 thousand, an increase from ¥99,693,249 thousand, reflecting a growth of 8.3%[68]. Income and Expenses - Commission and fee income increased to CNY 110,292 thousand, a growth of 91.96% due to the rise in wealth management service fees[26]. - Fair value change income decreased to CNY 13,228 thousand, a decline of 83.88% attributed to the reduction in fair value changes of financial assets[26]. - Total operating expenses for Q1 2021 were 686,265 thousand RMB, a rise of 4.2% from 658,373 thousand RMB in Q1 2020[43]. - Investment income for Q1 2021 was 139,966 thousand RMB, slightly up from 135,413 thousand RMB in Q1 2020[43]. - The company reported a credit impairment loss of 386,441 thousand RMB, an increase from 361,347 thousand RMB in the same quarter last year[43]. Shareholder Information - The number of shareholders at the end of the reporting period was 64,317[18]. - The top shareholder, Guolian Trust Co., Ltd., held 166,330,635 shares, accounting for 8.93% of total shares[18]. Capital Adequacy and Ratios - The core tier 1 capital adequacy ratio improved to 8.75% as of March 31, 2021, compared to 8.69% as of December 31, 2020[68]. - The non-performing loan ratio decreased to 0.98% from 1.10% year-over-year, indicating improved asset quality[72]. - The provision coverage ratio increased to 404.30% as of March 31, 2021, compared to 355.88% as of December 31, 2020, showing stronger risk management[72]. - The average return on total assets rose to 0.79% as of March 31, 2021, up from 0.77% as of December 31, 2020[69]. - The capital adequacy ratio decreased to 14.23% from 15.21%, reflecting changes in capital structure[69]. - The cost-to-income ratio improved to 26.44% from 27.15%, indicating better operational efficiency[72].