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江阴银行(002807) - 2021 Q4 - 年度财报
JRCBJRCB(SZ:002807)2022-03-29 16:00

Financial Performance - The total operating income for 2021 was RMB 3,366,710 thousand, an increase of 0.46% compared to RMB 3,351,289 thousand in 2020[24]. - The total profit for 2021 reached RMB 1,324,599 thousand, representing a growth of 19.68% from RMB 1,106,765 thousand in 2020[24]. - The net profit attributable to shareholders of the listed company was RMB 1,273,690 thousand, up 20.51% from RMB 1,056,881 thousand in the previous year[24]. - The net profit after deducting non-recurring gains and losses was RMB 1,265,684 thousand, reflecting a 22.03% increase from RMB 1,037,199 thousand in 2020[24]. - The net cash flow from operating activities was RMB 4,074,399 thousand, a rise of 21.70% compared to RMB 3,347,884 thousand in 2020[24]. - Basic earnings per share for 2021 were RMB 0.5864, an increase of 20.51% from RMB 0.4866 in 2020[24]. - Diluted earnings per share were RMB 0.5178, up 18.90% from RMB 0.4355 in the previous year[24]. - The net profit attributable to shareholders for Q4 2021 was 524,510 thousand RMB, showing a significant increase from 278,545 thousand RMB in Q3 2021[34]. - The net profit after deducting non-recurring gains and losses for Q4 2021 was 503,992 thousand RMB, compared to 281,734 thousand RMB in Q3 2021[34]. - The comprehensive diluted earnings per share calculated with the latest share capital was 0.5864 RMB[28]. Assets and Liabilities - Total assets reached 153,127,599 thousand RMB, representing a 7.26% increase from 142,766,234 thousand RMB in 2020[27]. - Total liabilities increased to 139,961,942 thousand RMB, a rise of 7.25% compared to 130,506,041 thousand RMB in 2020[27]. - Net assets attributable to shareholders of the listed company grew to 13,025,795 thousand RMB, up 7.37% from 12,131,493 thousand RMB in 2020[27]. - The total deposits amounted to 114,458,689 thousand RMB at the end of 2021, an increase from 103,074,679 thousand RMB in 2020[41]. - The total loan principal reached 91,470,973 thousand RMB, up from 80,229,111 thousand RMB in 2020[41]. Loan and Deposit Growth - Total deposits reached CNY 114.46 billion, an increase of CNY 11.38 billion or 11.0% year-on-year[61]. - Total loans amounted to CNY 91.47 billion, up CNY 11.24 billion or 14.0% year-on-year[61]. - Agricultural loans reached CNY 59.48 billion, increasing by CNY 9.09 billion or 18.0% year-on-year[61]. - Inclusive small and micro enterprise loans totaled CNY 19.71 billion, up CNY 5.86 billion or 42.3% year-on-year[61]. - Total personal loans amounted to 21.4 billion yuan, an increase of 47.7% year-on-year[70]. Risk Management and Asset Quality - Non-performing loan ratio improved to 1.32%, down from 1.79% in 2020[51]. - Provision coverage ratio was 330.62%, significantly above the regulatory requirement of 150%[51]. - Cost-to-income ratio was 33.40%, indicating improved operational efficiency[51]. - The bank's non-performing loan (NPL) ratio was 1.32% at the end of 2021, a decrease of 0.47 percentage points year-on-year, marking five consecutive years of decline[132]. - The balance of non-performing loans decreased by CNY 231 million to CNY 1.205 billion, a decline of 16.10%[138]. Operational Efficiency - The bank's cost-to-income ratio rose to 33.40% in 2021, up 1.93 percentage points from the previous year[93]. - The bank's business and management expenses for 2021 totaled RMB 1,124,448 thousand, a year-over-year increase of 6.61%[93]. - The bank's average daily loan increase in 2021 was CNY 12.201 billion, reaching a total of CNY 87.819 billion, with loans accounting for 59.74% of total assets, an increase of 3.54 percentage points from the previous year[131]. Digital Transformation and Customer Engagement - The bank added 19,000 new merchant accounts, an increase of 36% year-on-year[62]. - The number of effective mobile banking users increased by 126,000, up 18.3%, reaching a total of 813,000 users with a transaction substitution rate of 98.4%[62]. - The bank's electronic banking transaction substitution rate has exceeded 90%, highlighting the importance of online channels for customer interaction[186]. - The bank has pre-approved credit for 186,000 households, with a total pre-approved amount of CNY 19.51 billion[75]. Strategic Initiatives - The company aims to enhance its financial performance by focusing on four profit segments: corporate finance, inclusive finance, personal retail, and interbank finance[195]. - The company plans to strengthen its brand as a "small and micro inclusive bank" and "people's life bank" by focusing on rural revitalization and county-level markets[195]. - The company is committed to developing a digital smart bank with a focus on "scenario-based, personalized, and intelligent" services[195]. - The company emphasizes technology-driven innovation to enhance customer service experience through multi-party cooperation[195]. Governance and Compliance - The company is focused on enhancing its governance structure as outlined in the 2021 annual report[200]. - The bank has implemented measures to manage compliance risks, including the establishment of a compliance management department and regular training for employees[170]. - The bank's liquidity risk management policies have been revised to comply with the latest regulatory requirements, including pressure testing and emergency response plans[178].