长沙银行(601577) - 2023 Q1 - 季度财报

Financial Performance - The total operating income for Q1 2023 was RMB 6,081,359 thousand, representing a year-on-year increase of 12.88%[4] - The net profit attributable to shareholders was RMB 1,979,370 thousand, an increase of 8.68% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was RMB 2,024,754 thousand, reflecting an 11.20% increase year-on-year[4] - The company reported a net cash flow from operating activities of -RMB 12,328,943 thousand, primarily due to an increase in customer loans and advances[14] - The company reported a total operating income of RMB 6.08 billion in Q1 2023, representing a year-on-year growth of 12.88%[20] - The net profit attributable to shareholders for Q1 2023 was RMB 1.98 billion, reflecting an increase of 8.68% year-on-year[20] - Net interest income rose to 4,814,286, up from 4,153,772, reflecting a growth of 15.9% year-over-year[25] - Net profit for Q1 2023 reached 2,090,416, representing an increase of 10.9% from 1,885,645 in Q1 2022[25] - The company reported a total operating expense of 2,945,490 for Q1 2023, up from 2,654,569 in Q1 2022, reflecting an increase of approximately 11%[32] Asset and Liability Management - The total assets at the end of Q1 2023 reached RMB 954,443,695 thousand, up 5.49% from the end of the previous year[5] - The total assets of the company reached RMB 954.44 billion, an increase of 5.49% compared to the beginning of the year[19] - The total liability of 890,281,010, an increase of 5.6% from 842,561,236 in the previous year[25] - Total liabilities as of March 31, 2023, were 857,467,304, an increase from 810,973,068 at the end of 2022, representing a rise of approximately 5.7%[30] - The company’s total equity as of March 31, 2023, was 60,841,710, compared to 59,079,555 at the end of 2022, indicating a growth of about 3%[30] Loan and Deposit Growth - The total deposits increased by RMB 255.48 billion to RMB 604.20 billion, marking a growth of 4.42%[20] - The total loans and advances increased by RMB 311.04 billion to RMB 457.14 billion, with a growth rate of 7.30%[20] - The total loan amount was RMB 457,142,042 thousand, with normal loans accounting for 97.33%[12] - The company recorded a significant increase in customer deposits and interbank placements, with a net increase of 26,289,042 compared to 14,226,776 in Q1 2022[27] - The cash inflow from customer deposits and interbank deposits increased to 25,993,030 from 13,532,513, a growth of about 92%[34] Asset Quality and Risk Management - The non-performing loan ratio remained stable at 1.16% as of March 31, 2023[12] - The non-performing loan ratio stood at 1.16% as of the end of Q1 2023, indicating effective asset quality control[20] - The provision coverage ratio was reported at 312.26%, ensuring a strong buffer against potential loan losses[20] Cash Flow Analysis - Cash flow from operating activities showed a net outflow of -12,328,943, worsening from -5,276,123 in the same period last year[27] - The net cash flow from financing activities for Q1 2023 was 18,030,325, significantly higher than 2,374,898 in Q1 2022[28] - The net cash flow from financing activities was 18,055,726, compared to 2,374,518 in the same quarter last year, showing a substantial improvement[35] - The net cash flow from operating activities was -11,409,003, compared to -8,101,472 in Q1 2022, indicating a decline of approximately 40.5% year-over-year[34] - The net cash flow from investment activities was -12,980,664, contrasting with a positive 6,236,805 in Q1 2022, representing a significant shift[34] Shareholder Information - The company had a total of 36,291 ordinary shareholders at the end of the reporting period[15] - The company has 25 preferred shareholders as of the end of Q1 2023[18] - The top 10 preferred shareholders hold a total of 84 million shares, accounting for 14.00% of the total preferred shares[18] Other Financial Metrics - The core tier 1 capital adequacy ratio was 9.35%, an increase from 9.22% at the end of 2022[8] - The liquidity coverage ratio was 197.32%, indicating strong liquidity position[10] - The company experienced a foreign exchange loss of -76,374 in Q1 2023, compared to a gain of 29,578 in Q1 2022[32] - Other comprehensive income after tax for the parent company was -99,988, compared to -27,412 in the previous year, indicating a decline[26] - The cash outflow for investment activities rose significantly to 35,773,473 from 19,050,333, indicating an increase of approximately 88% year-over-year[34]