Bank Of Guiyang(SH:601997)2022-04-28 16:00Financial Performance - The total operating income for 2021 was RMB 15,004,111, a decrease of 6.70% compared to RMB 16,081,403 in 2020[13]. - The operating profit for 2021 was RMB 6,795,707, reflecting a slight increase of 0.51% from RMB 6,761,379 in 2020[14]. - The net profit attributable to shareholders of the parent company was RMB 6,044,831, an increase of 2.07% from RMB 5,922,294 in 2020[14]. - The net cash flow from operating activities was RMB -14,113,981, a significant decrease of 208.36% compared to RMB 13,024,573 in 2020[14]. - The basic earnings per share, excluding non-recurring gains and losses, was CNY 1.75, down 6.86% from the previous period[15]. - The total operating income for Q4 was CNY 4.08 billion, with a net profit of CNY 1.69 billion[17]. - The total revenue from newly issued credit cards was CNY 351 million[60]. - The bank's total profit amounted to CNY 6.795 billion, slightly up from CNY 6.737 billion in the previous year[95]. - The company reported a significant increase in savings deposits by RMB 24.09 billion or 19.89% year-on-year[88]. - The bank's return on equity (ROE) was reported at 12%, an increase from 11% in the previous year[186]. Asset and Liability Management - The total assets increased by 3.05% to CNY 608.69 billion compared to the beginning of the period[15]. - The total liabilities rose by 1.54% to CNY 554.63 billion compared to the beginning of the period[15]. - The total amount of loans was RMB 254.99 billion, up from RMB 231.01 billion in the previous year[84]. - The total customer deposits reached RMB 359.74 billion, an increase of RMB 4.60 billion or 1.30% from the beginning of the year[88]. - The total risk-weighted assets amounted to RMB 453,700,424 thousand, up from RMB 423,668,285 thousand[22]. - The total capital adequacy ratio was reported at 13.96%, an increase from 13.81%[23]. - The bank's total assets reached CNY 1.1 trillion, with a focus on enhancing risk mitigation and loss absorption capabilities[105]. Risk Management - The company has faced various risks including credit risk, liquidity risk, and market risk, which are being effectively managed[3]. - The bank's credit risk management has been enhanced, with a steady growth in credit assets and stable asset quality[140]. - The bank's liquidity risk management strategy emphasizes "prudent operation, self-balancing, and liquidity first," integrating liquidity risk into the overall risk management framework[142]. - The bank's overall loan growth was RMB 23.98 billion, indicating a robust lending strategy amidst market challenges[119]. - The bank's non-performing loan ratio remained stable, with a focus on monitoring key clients and sectors to manage asset quality effectively[125]. Capital and Equity - The registered capital of the company is RMB 3,656,198,076[9]. - The total equity attributable to shareholders increased to RMB 52,347,880 thousand as of December 31, 2021, reflecting a growth of 21.90% from RMB 42,944,130 thousand in 2020[108]. - The core Tier 1 capital adequacy ratio improved to 10.62% in 2021 from 9.30% in 2020, demonstrating a significant enhancement in capital strength[154]. - The bank's core Tier 1 capital net amount as of December 31, 2021, was CNY 48,167.64 million, an increase from CNY 38,733.43 million in 2020, reflecting a growth of 24.0%[152]. Customer and Market Engagement - Retail customer count reached 11.8 million, an increase of 960,000 or 8.86% year-on-year[36]. - The bank actively supported 2781 private enterprises, with a loan balance of CNY 384.35 billion[47]. - The bank's user data indicates a steady growth in customer base, reflecting increased trust and engagement with its services[182]. - The bank aims to enhance its digital banking capabilities to better serve its clients and adapt to market trends[185]. Strategic Initiatives - A new five-year development strategy was implemented, emphasizing reform and digital transformation[32]. - The bank aims to achieve high-quality development by 2025, becoming a leading commercial bank in the western region and a key supporter of new development in Guizhou[164]. - The bank's strategic focus includes expanding its market presence and enhancing its risk management capabilities to adapt to changing market conditions[180]. - The bank is exploring potential mergers and acquisitions to enhance market presence in the region[188]. Governance and Compliance - The bank's governance structure is based on a modern corporate governance framework, which has been recognized for its effectiveness in recent rankings[72]. - The bank's governance practices align with regulatory requirements, enhancing operational transparency and stakeholder engagement[167]. - The bank's board includes a diverse group of professionals with backgrounds in finance, law, and public administration, enhancing its governance structure[181]. - The company strictly followed relevant laws and regulations for the convening of general meetings[175].