ZJB(SH:601860)2019-04-21 16:00Financial Performance - Net profit attributable to shareholders increased by 15.34% to CNY 291,549 thousand year-on-year[19] - Operating income rose by 34.86% to CNY 1,209,224 thousand compared to the same period last year[19] - Total operating revenue for Q1 2019 reached 1,209,224 thousand RMB, a significant increase of 34.8% compared to 896,643 thousand RMB in Q1 2018[42] - Net profit for Q1 2019 was 291,549 thousand RMB, representing an increase of 15.3% from 252,782 thousand RMB in the same period last year[42] - Total operating expenses amounted to 835,730 thousand RMB, which is a 49.2% increase compared to 559,536 thousand RMB in Q1 2018[42] - The company reported a total comprehensive income of 237,808 thousand RMB for Q1 2019, compared to 331,336 thousand RMB in Q1 2018[44] - The company's basic earnings per share remained stable at CNY 0.08[19] - The basic and diluted earnings per share remained stable at 0.08 RMB per share for both Q1 2019 and Q1 2018[44] Asset and Liability Management - Total assets increased by 8.42% to CNY 209,427,384 thousand compared to the end of the previous year[19] - Total assets increased to RMB 209,427,384 thousand as of March 31, 2019, up from RMB 193,165,487 thousand at the end of 2018, representing an increase of 8.5%[34] - Total liabilities rose to RMB 196,659,056 thousand, compared to RMB 180,871,617 thousand at the end of 2018, marking an increase of 8.7%[34] - The company’s total liabilities decreased by 34.65% in other liabilities to CNY 430,902 thousand[27] - Total liabilities remained unchanged at 180,871,617, indicating no adjustments[55] - Total equity increased from 12,293,870 to 12,530,471, showing a rise of 236,601[55] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 33.63% to CNY 8,788,849 thousand compared to the previous year[19] - The net cash flow from operating activities was 8,788,849 thousand RMB, down 33.5% from 13,242,458 thousand RMB in Q1 2018[48] - Cash and cash equivalents at the end of Q1 2019 totaled 28,714,267 thousand RMB, a decrease from 32,022,111 thousand RMB at the end of Q1 2018[50] - The liquidity coverage ratio stood at 179.06%, indicating strong liquidity position[34] Shareholder Information - The number of shareholders at the end of the reporting period was 328,129,524, representing 8.96% of total shares[23] Non-Operating Income and Other Adjustments - Non-operating income increased by 119.42% to CNY 2,203 thousand due to increased asset disposal gains[27] - The company reported a significant increase of 31.57% in the amount of sold repurchased financial assets to CNY 12,883,202 thousand[27] - The company reported a decrease in undistributed profits from 1,525,227 to 1,513,814, a reduction of 11,413[55] - Other comprehensive income increased by 248,014, indicating a positive adjustment[55] Efficiency Ratios - The weighted average return on equity decreased by 0.17 percentage points to 2.30%[19] - The cost-to-income ratio improved to 26.21% from 33.42% in the previous year, showing enhanced operational efficiency[34] - The capital adequacy ratio decreased to 13.01% from 13.35% at the end of 2018[34] - The bank's leverage ratio decreased to 5.86% from 6.12% at the end of 2018, reflecting a slight reduction in leverage[34] - The non-performing loan ratio slightly improved to 1.68% from 1.69% at the end of 2018[34] - Core Tier 1 capital adequacy ratio remained stable at 9.54%, consistent with the previous period[34] Interest Income - The net interest income from loans increased to RMB 94,438,101 thousand, compared to RMB 83,758,500 thousand in the previous year, indicating a growth of 12.0%[37] - Net interest income was 1,113,974 thousand RMB, up from 809,142 thousand RMB, reflecting a growth of 37.5% year-over-year[42]