渝农商行(601077) - 2022 Q1 - 季度财报

Financial Performance - The bank reported a total operating income of RMB 7,586.7 million for Q1 2022, representing a 1.33% increase from RMB 7,487.0 million in Q1 2021[4]. - Net profit for Q1 2022 was RMB 3,670.6 million, an increase of 11.20% compared to RMB 3,300.9 million in Q1 2021[4]. - The net profit attributable to shareholders was RMB 3,619.2 million, up 11.42% from RMB 3,248.3 million in the same period last year[4]. - Operating income for the group was 7.587 billion yuan, an increase of 1.33% compared to the same period last year[16]. - The group achieved a net profit of 3.671 billion yuan in Q1 2022, representing a year-on-year growth of 11.20%[16]. - The basic and diluted earnings per share for Q1 2022 were RMB 0.32, up 10.34% from RMB 0.29 in Q1 2021[4]. - The annualized average total asset return rate was 1.16%, up by 0.02 percentage points year-on-year[16]. - The cost-to-income ratio increased by 1.10 percentage points to 27.22% compared to the same period last year[16]. - The group’s weighted average return on equity was 14.37%, up by 0.68 percentage points year-on-year[16]. Assets and Liabilities - The bank's total assets reached RMB 1,309,227.1 million as of March 31, 2022, a 3.43% increase from RMB 1,265,851.1 million at the end of 2021[5]. - The bank's total liabilities increased by 3.45% to RMB 1,199,853.9 million from RMB 1,159,807.1 million at the end of 2021[5]. - The total assets of the group amounted to 1.309 trillion yuan, reflecting a growth of 43.376 billion yuan or 3.43% from the end of the previous year[16]. - The bank's total liabilities rose to CNY 1,199,853,850 as of March 31, 2022, compared to CNY 1,159,807,055 as of December 31, 2021, an increase of approximately 3.4%[25]. - The total equity attributable to shareholders was RMB 107,790.4 million, reflecting a 3.14% increase from RMB 104,512.7 million at the end of 2021[6]. - The bank's total equity as of March 31, 2022, was CNY 109,373,195 thousand, compared to CNY 106,044,015 thousand at the end of 2021, indicating a growth of 2.2%[68]. Customer Deposits - Customer deposits increased by 7.90% to RMB 819,386.9 million from RMB 759,360.2 million at the end of 2021[5]. - Customer deposits reached 819.387 billion yuan, increasing by 60.027 billion yuan or 7.90% from the end of the previous year[16]. - Customer deposits and interbank deposits increased significantly to CNY 54,355,149 thousand, up from CNY 32,985,356 thousand year-over-year[75]. - Customer deposits and interbank deposits increased significantly by 68.5% to 54,601,308 thousand RMB from 32,453,638 thousand RMB in the previous year[85]. Cash Flow - The net cash flow from operating activities surged by 221.73% to RMB 53,627.0 million, primarily due to an increase in customer deposits and interbank placements[8]. - The net cash flow from operating activities for Q1 2022 was CNY 53,626,999, a significant increase from CNY 16,668,221 in Q1 2021[32]. - The bank's cash and cash equivalents at the end of Q1 2022 were CNY 41,782,249, an increase from CNY 24,527,510 at the end of Q1 2021, reflecting a growth of 70.5%[38]. - The net cash flow from financing activities for Q1 2022 was CNY (33,279,125), a significant decline compared to CNY 4,491,710 in Q1 2021[33]. - Cash flow from operating activities showed a net increase of 51,102,285 thousand RMB, a substantial rise from 17,377,258 thousand RMB in Q1 2021[85]. Investment and Income - The bank's investment income for Q1 2022 was CNY 660,272, a substantial increase from CNY 277,878 in Q1 2021, indicating a growth of 137.5%[28]. - The company experienced a significant increase in investment income, which rose to 660,050 thousand RMB from 277,876 thousand RMB, marking an increase of 137.5% year-over-year[82]. - The bank's net interest income decreased to CNY 6,472,558 in Q1 2022 from CNY 6,527,204 in Q1 2021, reflecting a decline of 0.8%[28]. - Net interest income for Q1 2022 was CNY 5,977,739, down from CNY 6,112,368 in Q1 2021, reflecting a decline of 2.2%[39]. Non-Performing Loans and Risk - The non-performing loan balance was 7.586 billion yuan, with a non-performing loan ratio of 1.25%, unchanged from the end of the previous year[17]. - The provision coverage ratio improved to 346.39%, an increase of 6.14 percentage points from the end of the previous year[17]. - The liquidity coverage ratio was 265.38% as of March 31, 2022, indicating strong liquidity position[59]. - The risk-weighted assets amounted to RMB 808,358 million, reflecting a stable asset base[56].