张家港行(002839) - 2022 Q2 - 季度财报

Financial Performance - Total operating income for the first half of 2022 was CNY 2,352,536,684.35, an increase of 5.74% compared to CNY 2,224,807,488.82 in the same period of 2021[25]. - Net profit for the first half of 2022 reached CNY 776,562,616.09, representing a growth of 27.06% from CNY 611,160,364.36 in the first half of 2021[25]. - The net profit attributable to shareholders of the listed company was CNY 761,845,368.50, which is a 27.76% increase from CNY 596,331,735.77 in the same period last year[25]. - Basic earnings per share for the first half of 2022 were CNY 0.31, up 14.81% from CNY 0.27 in the same period of 2021[25]. - The bank's net profit for the period includes a non-recurring gain of CNY 89.10 million, primarily from the disposal of non-current assets and government subsidies[31]. - Net interest income for the first half of 2022 was CNY 1.89 billion, reflecting a year-on-year increase of 6.51%[60]. - The bank's net profit for the first half of 2022 was CNY 776.56 million, representing a growth of 27.06% year-on-year[63]. Assets and Liabilities - Total assets as of June 30, 2022, amounted to CNY 177,599,176,640.57, up from CNY 164,578,715,094.33 at the end of 2021, reflecting a growth of 7.91%[25]. - The total equity attributable to shareholders of the listed company increased to CNY 14,878,090,244.69 as of June 30, 2022, from CNY 14,417,308,001.26 at the end of 2021, marking a growth of 3.20%[25]. - The total loan and advance principal as of June 30, 2022, is CNY 109.25 billion, an increase of 9.45% from CNY 99.82 billion as of December 31, 2021[35]. - The total deposit principal as of June 30, 2022, is CNY 133.22 billion, reflecting a growth of 9.98% from CNY 121.13 billion as of December 31, 2021[35]. - The bank's total liabilities increased by 8.36% to CNY 162.56 billion from CNY 150.01 billion[104]. Risk Management - The bank focuses on strengthening credit risk management, particularly in supporting agriculture and small enterprises, with an emphasis on adjusting asset structure[145]. - The bank has implemented a comprehensive risk management system, enhancing tools such as a risk warning system and collateral mitigation system to improve risk management capabilities[145]. - The bank has developed a liquidity risk management emergency plan to swiftly address potential liquidity crises[147]. - The bank actively manages interest rate risk by aligning the maturity structure of assets and liabilities, conducting regular interest rate risk stress tests[149]. - The bank emphasizes the importance of a robust internal control system, continuously improving compliance and effectiveness in response to regulatory changes[150]. Non-Performing Loans - The non-performing loan ratio is 0.90% as of June 30, 2022, down from 0.95% as of December 31, 2021[38]. - Non-performing loans stood at CNY 989 million, with a non-performing loan ratio of 0.90%, down by 0.05 percentage points from the beginning of the year[59]. - The provision for loan losses increased to CNY 5.26 billion as of June 30, 2022, up from CNY 4.48 billion at the end of 2021, reflecting a growth of RMB 786.21 million or 17.55%[125]. Green Finance Initiatives - The company's green loan balance reached CNY 1.724 billion, an increase of 669 million yuan, representing a growth of 63.41% compared to the end of the previous year[173]. - The company actively promotes green finance and has established a "Green Finance Service Center" to support rural revitalization and sustainable development[173]. - The company has successfully integrated green finance with green agriculture and small and micro enterprises, addressing the financing difficulties faced by many[173]. - The company has developed a three-year green finance plan for 2022-2024, aligning with national green development strategies[173]. Operational Efficiency - The bank's cost-to-income ratio is 30.34% as of June 30, 2022, slightly improved from 31.11% as of December 31, 2021[38]. - The bank's total operating expenses increased by 2.67% to CNY 1.65 billion, indicating effective cost management amidst growth[63]. - The bank's fee and commission income surged by 83.93%, reaching CNY 33.60 million, driven by increased service demand[60]. Shareholder Information - The bank's annual shareholders' meeting had a participation rate of 31.85% on April 20, 2022[156]. - The bank plans not to distribute cash dividends or issue bonus shares for the half-year period[167]. - The bank has no stock incentive plans or employee stock ownership plans in place during the reporting period[168].