常熟银行(601128) - 2023 Q1 - 季度财报

Financial Performance - Total operating income for Q1 2023 reached CNY 2,410,203 thousand, an increase of 13.28% year-over-year[4] - Net profit attributable to shareholders was CNY 794,880 thousand, reflecting a growth of 20.60% compared to the same period last year[4] - Net interest income rose to 2,174,208, up from 1,847,217, reflecting a growth of 17.7% year-over-year[21] - Net profit for Q1 2023 was 858,150, representing a 20.7% increase from 711,255 in Q1 2022[21] - Total operating revenue for Q1 2023 reached 2,410,203, an increase of 13.3% compared to 2,127,578 in Q1 2022[21] Cash Flow and Liquidity - Net cash flow from operating activities surged to CNY 13,112,003 thousand, marking a significant increase of 50.69% year-over-year[4] - Net cash flow from operating activities was $13,112,003, up from $8,701,183 year-over-year[24] - Total cash inflow from investment activities was $14,328,384, compared to $11,337,548 in the same quarter last year[24] - Net cash flow from investment activities was -$10,054,332, slightly improved from -$10,155,728 year-over-year[24] - Cash inflow from financing activities was $3,272,001, down from $7,027,640 in the previous year[24] - Net cash flow from financing activities was -$4,158,966, compared to a positive $53,677 in the same quarter last year[24] - Total cash and cash equivalents at the end of the period was $10,467,173, an increase from $9,610,067 year-over-year[24] Assets and Liabilities - Total assets as of March 31, 2023, amounted to CNY 287,881,374 thousand, up by 10.10% from the end of the previous year[4] - Total assets increased to 316,966,239, up from 287,881,374, marking a growth of 10.1%[20] - Total liabilities rose to 291,953,641, compared to 263,765,708, indicating an increase of 10.7%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 38,478, with the top ten shareholders holding a combined 9.01% of shares[14] - The largest shareholder, Bank of Communications Co., Ltd., holds 246,896,692 shares, representing 9.01% of total shares[14] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 117,503,212 shares, accounting for 4.29%[14] - The third-largest shareholder, Changshu Development Investment Co., Ltd., holds 84,431,888 shares, which is 3.08% of total shares[14] - The shareholder structure includes a significant presence of state-owned enterprises, reflecting a stable ownership base[14] Investor Relations - The company engaged in multiple investor communication events, including 22 institutions participating in a conference call on January 16, 2023[17] - A total of 54 institutions participated in a conference call on March 28, 2023, indicating strong investor interest[18] - The company has conducted various meetings and calls with financial institutions, demonstrating proactive investor relations efforts[17] - The company has maintained a transparent communication strategy with investors, holding multiple meetings and calls throughout the reporting period[17] Risk and Capital Management - The bank's non-performing loan ratio improved to 0.75%, down from 0.81% at the end of 2022[10] - The bank's capital adequacy ratio stood at 13.29% as of March 31, 2023, down from 13.87% at the end of 2022[11] - The liquidity coverage ratio was reported at 181.69%, indicating strong liquidity position[11] Other Financial Metrics - The weighted average return on equity rose to 13.83%, an increase of 0.78 percentage points year-over-year[4] - Customer deposits and interbank deposits net increase amounted to 29,196,419, up from 19,403,948 in the previous year[23] - The net increase in customer loans and advances was 11,603,349, compared to 10,318,759 in Q1 2022[23] - The company reported a basic earnings per share of 0.29, compared to 0.24 in the same quarter last year[22] - Other comprehensive income after tax was 38,698, down from 161,447 in the previous year[22] - The total equity attributable to shareholders reached 23,411,235, an increase from 22,577,573[20] - Cash paid for interest, fees, and commissions was $2,749,301, compared to $2,664,725 in the previous year[24] - Cash paid to employees was $554,388, down from $738,067 year-over-year[24] - Cash paid for taxes was $300,824, an increase from $168,565 in the previous year[24]