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浙商银行(601916) - 2022 Q1 - 季度财报
CZBANKCZBANK(SH:601916)2022-04-25 16:00

Financial Performance - Net profit attributable to shareholders was RMB 5,118 million, representing an increase of 11.84% compared to the same period last year[3] - The group achieved an operating income of RMB 15.391 billion, an increase of RMB 2.389 billion, or 18.37% year-on-year[13] - The bank's net profit for Q1 2022 reached RMB 5,222 million, reflecting an increase of 12.1% from RMB 4,657 million in the same period last year[26] - The bank's total operating income for Q1 2022 was RMB 15,391 million, an increase of 18.4% from RMB 13,002 million in Q1 2021[26] - Basic earnings per share rose to RMB 0.20, up 17.65% from RMB 0.17 in the same quarter last year[3] - The bank's basic earnings per share for Q1 2022 was RMB 0.20, compared to RMB 0.17 in Q1 2021, indicating a growth of 17.6%[28] Asset and Liability Management - As of March 31, 2022, total assets reached RMB 2,481,669 million, an increase of 8.53% compared to the end of 2021[3] - The total liabilities increased to RMB 2,325,368 million, marking a 9.70% rise compared to the end of 2021[3] - The bank's total equity decreased to RMB 156,301 million as of March 31, 2022, down from RMB 166,883 million at the end of 2021, a decline of about 6.4%[22] - The total cash and cash equivalents at the end of the period reached RMB 139,056 million, up from RMB 93,218 million year-on-year[39] Loan and Deposit Growth - The total amount of loans and advances was RMB 1,427,251 million, reflecting a growth of 5.94% year-on-year[3] - The bank's total deposits reached RMB 1,514,411 million, an increase of 6.97% year-on-year[3] - The net increase in deposits was RMB 97,174 million, indicating strong customer confidence and growth in deposit base[33] - The net increase in interbank and other financial institution deposits was RMB 33,008 million, compared to RMB 26,844 million in the first quarter of 2021[33] Income Composition - Non-interest income accounted for 25.29% of total operating income, an increase of 2.72 percentage points year-on-year[3] - The bank's fee and commission income for Q1 2022 was RMB 1,545 million, up 31% from RMB 1,180 million in Q1 2021[24] - The bank's investment income for Q1 2022 was RMB 2,489 million, significantly higher than RMB 420 million in Q1 2021, marking a substantial increase[24] Capital Adequacy and Ratios - The bank's core tier 1 capital adequacy ratio stood at 8.05%, slightly up from 8.01% at the end of 2021[5] - The capital adequacy ratio stood at 11.74%, a decrease of 1.15 percentage points from the end of the previous year[14] - The liquidity coverage ratio decreased to 134.97% from 163.50% at the end of 2021[8] - The cost-to-income ratio improved to 23.66%, down from 25.06% in the previous year[3] - The group’s cost-to-income ratio improved to 23.66%, a decrease of 1.40 percentage points year-on-year[13] Non-Performing Loans - The non-performing loan balance was RMB 21.812 billion, an increase of RMB 1.145 billion, or 5.54% compared to the end of the previous year[14] - The non-performing loan ratio remained stable at 1.53%, unchanged from the end of the previous year[14] Cash Flow Analysis - The net cash inflow from operating activities for the first quarter of 2022 was RMB 48,348 million, compared to a net outflow of RMB 70,128 million in the same period of 2021[33] - The total cash inflow from operating activities was RMB 174,496 million, an increase from RMB 98,314 million year-on-year[33] - The net cash outflow from investment activities was RMB 38,556 million, a significant decrease from a net inflow of RMB 7,063 million in the first quarter of 2021[36] - The cash inflow from financing activities was RMB 103,796 million, down from RMB 130,442 million in the previous year[39] - The net cash flow from financing activities was RMB 38,547 million, compared to RMB 44,117 million in the first quarter of 2021[39] Other Comprehensive Income - The bank's other comprehensive income for Q1 2022 showed a net loss of RMB 769 million, contrasting with a gain of RMB 164 million in the same period last year[28]