江阴银行(002807) - 2023 Q1 - 季度财报

Financial Performance - Total deposits reached CNY 133.21 billion, an increase of CNY 6.50 billion or 5.13% compared to the beginning of the year[7] - Total loans amounted to CNY 108.28 billion, up CNY 5.15 billion or 4.99% year-to-date[7] - Operating revenue for the quarter was CNY 1.036 billion, an increase of CNY 40 million or 4.03% year-on-year[16] - Net profit attributable to shareholders was CNY 310.23 million, up CNY 35 million or 12.78% year-on-year[16] - Basic earnings per share increased to CNY 0.1428, up 12.80% from the previous year[16] - Net profit for Q1 2023 reached RMB 310,553 thousand, compared to RMB 275,082 thousand in the previous year, marking an increase of 12.9%[41] - The earnings per share for Q1 2023 were RMB 0.1428, compared to RMB 0.1266 in the same period last year, reflecting a growth of 17.4%[41] - The net profit attributable to shareholders increased by 50.32% year-on-year, reaching 332,722 thousand RMB[74] Asset and Liability Management - The total assets of the bank reached CNY 176.20 billion, an increase of 4.41% compared to the end of the previous year[16] - The bank's total assets amounted to RMB 176,198,493 thousand, up from RMB 168,751,396 thousand, representing a growth of 4.3% year-over-year[38] - The total liabilities increased to RMB 161,449,916 thousand from RMB 154,335,869 thousand, reflecting a rise of 4.3%[38] - The bank's total liabilities increased by 35.49% year-on-year, amounting to 2,549,028 thousand RMB, due to adjustments in the liability structure[73] Credit Quality - Non-performing loan ratio stood at 0.97%, a decrease of 0.01 percentage points since the beginning of the year[11] - The bank's non-performing loan ratio remained stable, with credit impairment losses increasing to RMB 473,886 thousand from RMB 418,430 thousand, indicating a rise of 13.2%[41] - The non-performing loan ratio is at 0.97%, significantly below the maximum threshold of 5%[64] - The bank's normal loan classification ratio was 98.18%, slightly up from 98.10% in the previous period[55] Capital Adequacy and Ratios - The weighted average return on equity was 2.15%, an increase of 0.06 percentage points compared to the previous year[16] - The core Tier 1 capital adequacy ratio improved to 12.96%, compared to 12.78% in the previous period[51] - The core Tier 1 capital adequacy ratio for Q1 2023 is 12.95%, exceeding the regulatory standard of 7.5%[64] - The liquidity coverage ratio stands at 119.71%, well above the required minimum of 100%[64] - The bank's capital adequacy ratio was maintained at a healthy level, supporting future growth and expansion strategies[41] Operational Efficiency - The cost-to-income ratio improved to 26.64%, down from 30.39% in the previous year, indicating better operational efficiency[64] - Net interest income rose to RMB 809,088 thousand, up from RMB 791,308 thousand, reflecting a growth of 2.5%[41] - The total amount of loans reached 108,276,316 thousand RMB, up from 103,128,878 thousand RMB in the previous period[60] Investment Performance - The bank reported a significant increase in fair value gains, which rose to RMB 55,269 thousand from RMB 8,182 thousand, indicating a strong performance in investment activities[41] - The trading financial assets increased by 47.16% year-on-year, reaching 15,592,365 thousand RMB, primarily due to an increase in bond holdings[71] Cash Flow - Net cash flow from operating activities was -319,559 thousand RMB, compared to -8,647 thousand RMB in the previous period[44] - The cash flow from operating activities showed a net outflow of 319,559 thousand RMB, a significant decrease compared to the previous year's outflow of 8,647 thousand RMB[75] - The net cash flow from investing activities was 1,983,350 thousand RMB, compared to 369,799 thousand RMB in the previous period[44] - Cash and cash equivalents at the end of the period decreased to 2,213,051 thousand RMB from 2,447,583 thousand RMB in the previous period[44] - The bank's cash and cash equivalents net decrease was 197,626 thousand RMB, a decline of 245.03% compared to the previous year[78] Future Plans - The bank plans to enhance credit lending to high-tech and small enterprises, focusing on consumer demand expansion[10] - The bank plans to continue expanding its market presence and investing in new technologies to enhance service offerings and operational efficiency[41] Shareholder Information - The top shareholder, Jiangyin Xinjinnan Investment Development Co., Ltd., holds 4.18% of the shares, totaling 90,892,500 shares[83] - Jiangyin Development Zone Shengan Park Investment Co., Ltd. is the second-largest shareholder with a 4.10% stake, amounting to 88,978,066 shares[83] - The third-largest shareholder, Hong Kong Central Clearing Limited, owns 4.03% of the shares, which is 87,522,765 shares[83] - Jiangyin Zhenhong Dyeing Co., Ltd. holds 3.33% of the shares, with 72,267,732 shares, and has pledged 30,111,555 shares[83] - Jiangyin Changjiang Investment Group Co., Ltd. owns 3.24% of the shares, totaling 70,450,000 shares, with 39,606,900 shares pledged[83] - Jiangyin Aiyisi Group Wool Spinning Co., Ltd. has a 2.85% stake, amounting to 61,884,792 shares[83] - Jiangyin Meilun Yarn Industry Co., Ltd. holds 1.98% of the shares, totaling 43,018,500 shares[83] - Jiangyin New Guolian Group Co., Ltd. owns 1.83% of the shares, which is 39,742,726 shares[83] - Jiangsu Shuangliang Technology Co., Ltd. holds 1.79% of the shares, amounting to 38,772,778 shares[83] - Jiangyin Feiyan Venture Investment Co., Ltd. has a 1.43% stake, totaling 31,061,524 shares[83]