江苏银行(600919) - 2023 Q1 - 季度财报

Financial Performance - The operating income for Q1 2023 was CNY 18,795,415, an increase of 10.35% compared to CNY 17,033,028 in the same period last year[4] - The net profit attributable to shareholders was CNY 8,218,847, reflecting a growth of 24.83% from CNY 6,584,145 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 8,145,297, up 25.62% from CNY 6,484,258 in the previous year[4] - The basic earnings per share increased to CNY 0.51, a rise of 30.77% compared to CNY 0.39 in the same period last year[4] - The total comprehensive income increased by 30.23% compared to the previous year, indicating a positive trend in overall financial performance[6] - Net profit for Q1 2023 reached RMB 8,472,439 thousand, a 24.4% increase from RMB 6,810,457 thousand in Q1 2022[28] - Net interest income rose to RMB 13,713,798 thousand, up 10.3% from RMB 12,429,517 thousand year-on-year[28] - Total operating income increased to RMB 18,795,415 thousand, representing a growth of 10.4% compared to RMB 17,033,028 thousand in the same period last year[28] - The bank's total comprehensive income for Q1 2023 was RMB 8,738,412 thousand, compared to RMB 6,710,048 thousand in Q1 2022, marking a 30.2% increase[29] Asset and Liability Management - Total assets at the end of Q1 2023 reached CNY 3,189,227,008, representing a 7.01% increase from CNY 2,980,294,692 at the end of the previous year[4] - The bank's total assets reached RMB 3,189,227,008 thousand, up from RMB 2,980,294,692 thousand year-on-year[27] - The bank's total liabilities and equity amounted to RMB 3,189,227,008 thousand, reflecting a strong financial position[27] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 111,269,873, down 27.54% from CNY 153,554,289 in the same period last year[4] - Cash flow from operating activities generated RMB 111,269,873 thousand, down from RMB 153,554,289 thousand in the previous year[30] - The bank's investment activities resulted in a net cash outflow of RMB 80,159,329 thousand, compared to RMB 38,022,804 thousand in Q1 2022[30] - The liquidity coverage ratio was reported at 237.76%, indicating strong liquidity position[14] Deposits and Loans - Total deposits reached CNY 1,819,189,475 thousand, an increase from CNY 1,625,146,543 thousand year-over-year, reflecting a growth of approximately 11.93%[9] - Public deposits amounted to CNY 942,395,424 thousand, up from CNY 882,217,703 thousand, representing a growth of about 6.81%[9] - Private deposits increased to CNY 643,834,007 thousand from CNY 555,175,263 thousand, marking a growth of approximately 15.93%[9] - Total loans issued were CNY 1,632,300,407 thousand, compared to CNY 1,556,170,969 thousand in the previous year, indicating a growth of around 4.87%[9] - The balance of loans to the manufacturing sector reached CNY 224.4 billion, an increase of 15.84% compared to the end of the previous year[20] - The balance of loans to small and micro enterprises was CNY 614.7 billion, with loans to technology-based enterprises at CNY 157.0 billion, maintaining the leading position in Jiangsu Province[20] Asset Quality - The return on total assets (annualized) improved to 1.10%, up 0.09 percentage points from 1.01% year-on-year[4] - The weighted average return on equity (annualized) rose to 17.29%, an increase of 2.27 percentage points from 15.02% in the previous year[4] - The non-performing loan ratio improved to 0.92% from 0.94% year-over-year, demonstrating enhanced asset quality[17] Strategic Focus - The bank's strategy focuses on strengthening corporate business and providing comprehensive services to enterprises[18] - The bank aims to enhance its service to the real economy, achieving reasonable growth in volume and quality[18] - The balance of green credit reached CNY 269.1 billion, growing by 33.6% year-on-year, with clean energy loans increasing by 34.2%[20] Digital and Customer Engagement - The bank's digital platforms, such as "Xingxing Chuangzhao" and "Su Yin Ke Chuang Rong," were launched to enhance customer experience and service efficiency[20] - The number of mobile banking customers surpassed 16 million, with nearly 5.5 million monthly active users, maintaining the top position among city commercial banks[23] - The retail AUM (Assets Under Management) continued to lead among city commercial banks, with financial assets of wealth and private banking clients exceeding CNY 310 billion[22] Cost Management - The cost-to-income ratio for the current period was 20.29%, slightly improved from 20.54% in the same period last year[17] - The capital adequacy ratio stood at 12.38%, with a core tier 1 capital adequacy ratio of 8.38%[12]