江阴银行(002807) - 2022 Q1 - 季度财报

Financial Performance - Total operating income for Q1 2022 reached RMB 996.03 million, an increase of 22.25% compared to RMB 814.73 million in the same period last year[9] - Net profit attributable to shareholders was RMB 275.06 million, up 20.56% from RMB 228.16 million year-on-year[9] - Investment income surged to CNY 136.51 million in Q1 2022, a significant increase of 1077.45% compared to CNY 11.59 million in Q1 2021[27] - Net profit for Q1 2022 was RMB 275,082,000, representing a 23.3% increase from RMB 223,105,000 in Q1 2021[60] - The bank's total operating expenses for Q1 2022 were RMB 702,862,000, an increase from RMB 634,136,000 in the previous year[60] Asset and Liability Management - Total assets at the end of Q1 2022 amounted to RMB 157.89 billion, reflecting a growth of 3.11% from RMB 153.13 billion at the end of the previous year[9] - Total liabilities increased to RMB 144,505,602,000, compared to RMB 139,961,942,000 at the end of the previous year[57] - Total deposits increased to RMB 116.33 billion, with a growth of RMB 1.87 billion or 1.6% since the beginning of the year[13] - Total deposits amounted to CNY 116.33 billion as of March 31, 2022, compared to CNY 114.46 billion at the end of 2021, reflecting an increase of 1.63%[31] - The bank's total equity increased to RMB 13,387,018,000, compared to RMB 13,165,657,000 at the end of the previous year[57] Loan and Credit Quality - Total loans reached RMB 96.64 billion, marking a growth of RMB 5.17 billion or 5.7% year-to-date[13] - The non-performing loan balance was CNY 954 million, with a non-performing loan ratio of 0.99%, decreasing by CNY 251 million and 0.33 percentage points from the beginning of the year[18] - The non-performing loan ratio improved to 0.99%, down from 1.32% in the previous year, indicating a decrease of 25%[34] - The total loan principal was CNY 96.64 billion as of March 31, 2022, up from CNY 91.47 billion at the end of 2021, indicating a growth of 5.67%[31] Profitability Metrics - The weighted average return on equity was 2.09%, up 0.22 percentage points from the previous year[9] - The net interest margin improved to 2.23%, an increase of 0.38 percentage points year-on-year[13] - The net interest margin was reported at 2.00%, an increase from 1.89% year-over-year, indicating a growth of 5.8%[34] - The cost-to-income ratio improved to 27.29%, down from 33.40% in the previous year, showing a significant improvement of 18.5%[34] Cash Flow Analysis - The bank's cash flow from operating activities showed a significant decline, with a net outflow of RMB 8.65 million compared to a net inflow of RMB 3.93 billion in the same period last year, a decrease of 100.22%[9] - The net cash flow from operating activities showed a drastic decline to CNY -8.65 million in Q1 2022, down from CNY 3.93 billion in Q1 2021, marking a decrease of 100.22%[30] - Cash inflow from investment activities surged to 13,619,260, compared to 3,991,333 in the prior period[63] - The net increase in cash and cash equivalents was 136,270, recovering from a decrease of 671,530 in the previous period[63] Regulatory Compliance and Risk Management - The provision coverage ratio increased to 456.84%, up by 126.22 percentage points from the beginning of the year[18] - The bank's compliance management has been enhanced with the revision of 32 internal policies to align with new regulations[18] - The capital adequacy ratio stood at 13.82%, slightly down from 14.11% in the previous year, reflecting a decrease of 2.1%[40] - The core tier 1 capital adequacy ratio was 12.67%, down from 12.96% in the previous year, reflecting a decrease of 2.2%[40] - The liquidity coverage ratio was reported at 146.32%, well above the regulatory requirement of 100%[34] Customer Engagement and Product Development - The bank's online loan customers increased by 3,751, a growth of 39.93% since the beginning of the year[14] - The bank launched new products including "Village Loan" and "Cheng Credit" series to meet the financing needs of rural economic organizations and high-tech enterprises[17]