BANK OF XI'AN(SH:600928)2022-04-28 16:00Financial Performance - The company reported operating revenue of 1,543,037 thousand yuan for Q1 2022, a decrease of 18.52% compared to 1,893,709 thousand yuan in Q1 2021[4] - Net profit attributable to shareholders of the parent company was 607,866 thousand yuan, down 14.17% from 708,223 thousand yuan in the same period last year[5] - Basic earnings per share decreased by 12.50% to 0.14 yuan from 0.16 yuan in Q1 2021[5] - Net interest income for the period from January 1, 2022, to March 31, 2022, was RMB 1,413,739, a decrease of 9.8% compared to RMB 1,567,468 in the same period of 2021[35] - Total operating income decreased to RMB 1,543,037, down 18.5% from RMB 1,893,709 year-over-year[35] - Net profit for the period was RMB 608,421, representing a decline of 14.1% from RMB 708,078 in the previous year[38] - The total profit for the period was RMB 683,531, down 18.7% from RMB 840,914 in the same period last year[38] Assets and Liabilities - Total assets as of March 31, 2022, were 340,811,659 thousand yuan, a decrease of 1.46% from 345,863,917 thousand yuan at the end of 2021[5] - The company’s total liabilities were 3,124,590 thousand yuan, with total deposits amounting to 2,264,510 thousand yuan, a decrease of 1.12% compared to the beginning of the year[15] - The total liabilities decreased to CNY 312,459,098 thousand from CNY 318,260,782 thousand year-over-year[28] - The bank's equity attributable to shareholders increased to CNY 28,289,734 thousand from CNY 27,540,861 thousand[31] Capital and Ratios - The capital adequacy ratio and core Tier 1 capital adequacy ratio were 15.55% and 12.61%, respectively, both showing an increase from the end of the previous year[15] - The net core tier 1 capital as of March 31, 2022, was CNY 28,280,006 thousand, up from CNY 27,533,139 thousand as of December 31, 2021, reflecting a core tier 1 capital adequacy ratio of 12.61%[18] - The liquidity coverage ratio stood at 242.40% as of March 31, 2022, indicating strong liquidity position[21] - The bank's leverage ratio increased to 7.58% as of March 31, 2022, compared to 7.35% at the end of 2021[20] - The provision coverage ratio for loans was 220.31% as of March 31, 2022, down from 224.21% at the end of 2021[18] Cash Flow - The company achieved a cash flow from operating activities of 1,102,107 thousand yuan, reflecting a significant increase due to reduced cash outflows during the reporting period[5] - Cash inflow from operating activities totaled RMB 9,746,815, a decrease of 18.6% compared to RMB 11,975,548 in the same period of 2021[41] - Cash outflow from operating activities was RMB 8,644,708, down 33.1% from RMB 12,906,651 year-over-year[46] - Cash flow from investment activities generated a net inflow of RMB 5,597,515, compared to a net outflow of RMB 2,286,708 in the same period last year[47] - Cash flow from financing activities resulted in a net outflow of RMB 9,655,550, compared to a net outflow of RMB 365,019 in the previous year[50] - The ending balance of cash and cash equivalents was RMB 17,855,250, an increase from RMB 13,282,131 at the end of the same period last year[50] Loan Performance - The non-performing loan ratio improved to 1.25%, down 0.07 percentage points from the end of the previous year[15] - The non-performing loan ratio improved to 1.25% as of March 31, 2022, compared to 1.32% at the end of 2021[18] - The total loans and advances amounted to CNY 184,237,588 thousand, an increase from CNY 181,800,944 thousand year-over-year[18] Government Subsidies - The company received government subsidies amounting to 1,021 thousand yuan during the reporting period[6]