郑州银行(002936) - 2023 Q1 - 季度财报

Financial Performance - Operating income for Q1 2023 was RMB 3,318,262 thousand, a decrease of 3.01% compared to RMB 3,421,374 thousand in Q1 2022[4] - Net profit attributable to shareholders for Q1 2023 was RMB 1,188,068 thousand, an increase of 1.86% from RMB 1,166,426 thousand in Q1 2022[4] - The net profit after deducting non-recurring gains and losses was RMB 1,183,732 thousand, an increase of 1.42% from RMB 1,167,133 thousand in Q1 2022[4] - The net profit for the group for the three months ended March 31, 2023, was RMB 1,239,919 thousand, compared to RMB 1,224,125 thousand for the same period in 2022, reflecting a year-on-year increase of about 1.29%[33] - The total operating income for the group for the three months ended March 31, 2023, was RMB 3,318,262 thousand, down from RMB 3,421,374 thousand in the same period last year, indicating a decrease of about 3.02%[32] - The group’s total comprehensive income for the three months ended March 31, 2023, was RMB 1,241,778 thousand, compared to RMB 1,291,449 thousand for the same period in 2022, reflecting a decrease of approximately 3.85%[34] Cash Flow - Net cash flow from operating activities was RMB (685,074) thousand, a significant decrease of 96.48% compared to RMB (19,460,535) thousand in Q1 2022[4] - The net increase in cash flow from operating activities for the group was RMB 32,233,294 thousand, compared to RMB 14,993,150 thousand in the same period last year, representing a year-over-year increase of approximately 115.0%[35] - The net cash flow from investment activities was negative RMB 3,084,685 thousand, a decrease from a positive cash flow of RMB 9,445,113 thousand in the same period last year[37] - The cash inflow from financing activities was RMB 41,949,499 thousand, compared to RMB 30,163,256 thousand in the previous year, reflecting an increase of approximately 39.2%[38] - The net cash flow from financing activities was RMB 3,289,500 thousand, a significant increase from RMB 557,256 thousand in the same period last year[38] - The total cash outflow from operating activities was RMB 32,918,368 thousand, compared to RMB 34,453,685 thousand in the same period last year, showing a decrease of approximately 4.5%[36] Assets and Liabilities - Total loans and advances amounted to RMB 342,374,050 thousand, reflecting a growth of 3.46% from RMB 330,921,097 thousand at the end of 2022[6] - Total deposits reached RMB 356,745,019 thousand, an increase of 4.37% from RMB 341,797,766 thousand at the end of 2022[6] - The bank's total equity attributable to shareholders was RMB 51,962,493 thousand, a growth of 2.34% from RMB 50,772,566 thousand at the end of 2022[7] - The total liabilities of Zhengzhou Bank reached RMB 552,511,416 thousand, compared to RMB 538,888,382 thousand at the end of 2022[30] - The total assets of Zhengzhou Bank amounted to RMB 606,378,430 thousand, an increase from RMB 591,513,618 thousand in December 2022[29] Capital and Ratios - Core Tier 1 capital adequacy ratio was 9.42% as of March 31, 2023, up from 9.29% at the end of 2022[11] - The weighted average return on equity (ROE) was 11.49% for Q1 2023, a slight decrease of 0.01 percentage points from 11.50% in Q1 2022[4] - Non-performing loan ratio remains stable at 1.88% as of March 31, 2023, compared to 1.88% at the end of 2022[13] - Provision coverage ratio is at 159.23%, above the regulatory requirement of 150%[13] - Total assets return on equity (annualized) improved to 0.83% from 0.45% at the end of 2022[13] - The bank's liquidity coverage ratio stood at 285.83%, down from 300.13% at the end of 2022[11] Income Sources - Net income from fees and commissions decreased by 30.56% year-on-year to RMB 161,462 thousand due to regulatory fee reduction policies[18] - Investment income increased by 55.58% year-on-year to RMB 205,213 thousand, driven by trading bond investments[18] - The group’s fee and commission income for the three months ended March 31, 2023, was RMB 192,919 thousand, down from RMB 268,611 thousand in the same period last year, a decline of about 28.14%[32] Shareholder Information - The number of ordinary shareholders reached 101,100, with a significant majority being A-share holders[22] - The number of shares held by the top 10 shareholders includes 1,836,589,934 H shares held by Hong Kong Central Clearing Limited, representing 22.22% of total shares[25] Strategic Focus - The bank's strategic focus includes enhancing technology integration and launching new financial products to support innovation[20]