2023-04-28 16:00Financial Performance - Operating income for Q1 2023 reached RMB 3,093,053 thousand, a 15.54% increase compared to RMB 2,677,018 thousand in Q1 2022[3] - Net profit attributable to shareholders of the parent company was RMB 910,066 thousand, reflecting a 15.83% growth from RMB 785,669 thousand in the same period last year[3] - Basic earnings per share for Q1 2023 was RMB 0.16, up 6.67% from RMB 0.15 in Q1 2022[3] - The bank's total comprehensive income for Q1 2023 was RMB 944,366 thousand, an increase from RMB 720,344 thousand in Q1 2022[33] - Interest income for Q1 2023 was RMB 2,198 million, up 14.67% from the previous year[17] - Non-interest income reached RMB 895 million, a growth of 17.72% year-on-year[17] - Net profit attributable to shareholders was RMB 910 million for Q1 2023, representing a year-on-year increase of 15.83%[17] Asset and Liability Management - Total assets as of March 31, 2023, amounted to RMB 552,287,242 thousand, representing a 4.28% increase from RMB 529,613,992 thousand at the end of 2022[3] - Total liabilities as of March 31, 2023, amounted to RMB 514,749,581 thousand, an increase from RMB 493,020,697 thousand as of December 31, 2022[26] - Total equity attributable to shareholders of the parent company increased to RMB 36,723,569 thousand as of March 31, 2023, compared to RMB 35,816,312 thousand at the end of 2022[26] - The bank's total assets reached RMB 552,287,242 thousand as of March 31, 2023, up from RMB 529,613,992 thousand at the end of 2022[26] Cash Flow Analysis - Net cash flow from operating activities improved significantly to RMB 5,931,055 thousand, a 137.66% increase from a negative RMB 15,750,164 thousand in Q1 2022[3] - The net increase in cash and cash equivalents for Q1 2023 was RMB 4,671,504 thousand, compared to a decrease of RMB 17,002,739 thousand in Q1 2022[39] - The ending balance of cash and cash equivalents as of March 31, 2023, was RMB 16,180,501 thousand, compared to RMB 25,850,629 thousand at the end of Q1 2022[39] - Cash inflow from financing activities was RMB 21,010,360 thousand in Q1 2023, down from RMB 30,010,760 thousand in Q1 2022[38] Credit Quality - The non-performing loan ratio improved to 1.14% from 1.21% at the end of 2022, indicating better asset quality[8] - The provision coverage ratio increased to 232.79%, up 13.02 percentage points from the end of 2022[17] - The bank's credit impairment losses for Q1 2023 were RMB 1,120,443 thousand, compared to RMB 956,431 thousand in Q1 2022[31] Capital Adequacy - The bank's capital adequacy ratio stood at 13.27% as of March 31, 2023, slightly down from 13.56% at the end of 2022[8] - Core Tier 1 capital adequacy ratio stood at 8.61%, a slight decrease of 0.14 percentage points from the end of 2022[12] Customer Engagement - Total customer loans reached RMB 283,187,109 thousand as of March 31, 2023, an increase of 5.26% from RMB 269,029,452 thousand at the end of 2022[11] - Total customer deposits amounted to RMB 357,727,345 thousand, reflecting a growth of 4.80% compared to RMB 341,347,176 thousand at the end of 2022[11] - The bank has enhanced its support for small and micro enterprises, with loans to private enterprises reaching RMB 72,320 million, an increase of 0.78% from the end of 2022[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 70,412, with the top ten shareholders holding a combined 66.84% of shares[19] - The largest shareholder, Hong Kong Central Clearing Limited, holds 21.87% of shares, amounting to 1,272,956,224 shares[19]