Bank Of Guiyang(SH:601997)2020-04-27 16:00Financial Performance - Net profit attributable to shareholders was RMB 1,505,563 thousand, reflecting a growth of 15.49% year-on-year[4] - Operating income for the first quarter was RMB 4,148,020 thousand, up 17.44% from the same period last year[4] - Basic earnings per share increased to RMB 0.47, a rise of 14.63% compared to the previous year[4] - The bank's net profit for the first quarter of 2020 is not explicitly stated but can be inferred from the increase in retained earnings, which rose to RMB 19,011,751 thousand from RMB 17,506,188 thousand, a growth of approximately 8.58%[27] - Net profit for Q1 2020 was RMB 1,567,724 thousand, representing a 18.0% increase from RMB 1,329,358 thousand in Q1 2019[28] Asset and Liability Management - Total assets reached RMB 564,930,845 thousand, an increase of 0.81% compared to the previous year[4] - The bank's total liabilities were RMB 522,882,580 thousand, an increase of 0.54% compared to the previous year[4] - Total assets as of March 31, 2020, amounted to RMB 564,930,845 thousand, an increase from RMB 560,399,290 thousand as of December 31, 2019, representing a growth of approximately 0.95%[27] - The total liabilities reached RMB 522,882,580 thousand, up from RMB 520,072,107 thousand at the end of 2019, indicating a growth of about 0.35%[27] - The bank's total deposits stood at RMB 337,007,490 thousand, slightly down from RMB 337,582,433 thousand, indicating a decrease of about 0.17%[27] Capital and Liquidity Ratios - The liquidity ratio improved to 105.91%, compared to 97.49% at the end of 2019[9] - The capital adequacy ratio stood at 13.69%, while the tier 1 capital adequacy ratio was 10.93%[8] - The leverage ratio as of March 31, 2020, was 6.51%, an increase from 6.24% in the previous quarter[10] - The coverage ratio for provisions was 278.52% as of March 31, 2020[9] Loan and Deposit Performance - The total loan amount was CNY 212.513 billion, increasing by CNY 7.998 billion or 3.91% from the beginning of the year[20] - The non-performing loan ratio increased to 1.62%, up by 0.17 percentage points compared to the beginning of the year[9] - The total amount of loans classified as normal was CNY 202,924,363, accounting for 95.49% of total loans[12] - Credit impairment losses rose to RMB 1,568,303 thousand, compared to RMB 1,169,875 thousand in the same period last year, indicating a 34.1% increase[28] Cash Flow Analysis - Net cash flow from operating activities was negative at RMB -5,319,932 thousand, compared to RMB 1,126,231 thousand in the previous year[4] - The bank's cash net outflow for the 30-day period was CNY 36,584,078, with qualified liquid assets totaling CNY 102,724,105[11] - The net cash flow from operating activities for Q1 2020 was a negative RMB 5,319,932 thousand, compared to a positive RMB 1,126,231 thousand in Q1 2019, indicating a significant decline[29] - Total cash inflow from investment activities was RMB 101,011,516 thousand, while cash outflow was RMB 101,079,609 thousand, resulting in a net cash flow of negative RMB 68,093 thousand for Q1 2020[29] Shareholder Information - The top ten shareholders held a total of 1,200,000,000 shares, representing a significant portion of the company's equity[13] - Shareholders' equity totaled RMB 42,048,265 thousand, increasing from RMB 40,327,183 thousand, which is a rise of approximately 4.26%[27] Strategic Initiatives - The company has implemented measures to support epidemic prevention and resumption of production, expanding the scope of inclusive financial services[22] - The company is in the process of a non-public issuance of A-shares, pending approval from the China Securities Regulatory Commission[25] - The bank plans to expand its market presence by increasing digital banking services and enhancing customer engagement strategies[28]