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盛京银行(02066) - 2023 - 中期业绩
SHENGJING BANKSHENGJING BANK(HK:02066)2023-08-25 11:27

Financial Performance - For the six months ended June 30, 2023, Shengjing Bank reported net profit attributable to shareholders of RMB 737,875,000, a decrease of 21.8% compared to RMB 944,113,000 for the same period in 2022[24]. - Net profit for the first half of 2023 was RMB 789.635 million, a decrease of RMB 174.220 million or 18.1% year-on-year[35]. - Operating income for the first half of 2023 was RMB 7.144 billion, down RMB 937.132 million or 11.6% year-on-year[37]. - The bank's total comprehensive income for the first half of 2023 was RMB 846,196, compared to RMB 1,028,751 for the same period in 2022, indicating a decrease of approximately 17.7%[198]. - The basic and diluted earnings per share for the first half of 2023 were RMB 0.08, down from RMB 0.11 in the same period of 2022[24]. Asset and Liability Management - Total assets as of June 30, 2023, reached RMB 1,095,164,969, reflecting a 1.2% increase from RMB 1,082,413,109 at the end of 2022[25]. - The bank's total liabilities increased by 1.2% to RMB 1,012,829,918 from RMB 1,000,976,014 at the end of 2022[25]. - The capital adequacy ratio as of June 30, 2023, was 12.40%, up from 11.52% at the end of 2022[27]. - The company's total financial assets amounted to RMB 304.05 billion, a decrease from RMB 322.90 billion at the end of 2022[91]. Loan and Deposit Growth - The bank's total loans and advances amounted to RMB 620,284,642, reflecting a 1.1% increase from RMB 613,362,329 at the end of 2022[25]. - Total deposits amounted to RMB 808.833 billion, up RMB 37.267 billion or 4.8% from the end of the previous year[31]. - The total amount of loans and advances issued was RMB 620.285 billion as of June 30, 2023, an increase of RMB 6.922 billion, representing a growth of 1.1%[82]. - Individual deposits increased by RMB 37.94 billion compared to the end of the previous year, while corporate deposits decreased by RMB 0.5 billion[96]. Income Sources - The bank's non-interest income decreased by 42.4% to RMB 1,165,615,000 from RMB 2,024,777,000 year-on-year[24]. - Interest income increased to RMB 21.300 billion, a rise of RMB 257.810 million or 1.2% year-on-year[36]. - The bank's net interest income for the first half of 2023 was RMB 5.98 billion, down RMB 0.08 billion or 1.3% year-on-year[50]. - The bank's net fee and commission income rose to RMB 140 million, an increase of RMB 86 million or 156.4% year-on-year[66]. Risk Management - The bank continues to enhance risk management capabilities, focusing on asset quality management and optimizing risk management strategies[138]. - Credit risk management has been strengthened with a focus on maintaining stable growth in asset quality and optimizing credit structure[139]. - The bank has implemented a comprehensive credit risk control process, emphasizing pre-loan marketing and post-loan management[139]. - The bank has established a multi-level liquidity reserve mechanism to broaden emergency funding channels[143]. Shareholder Information - As of June 30, 2023, the total number of shares was 8,796,680,200, consisting of 6,455,937,700 domestic shares and 2,340,742,500 H-shares, with no changes during the reporting period[150]. - Shenyang Shengjing Financial Holdings Group Co., Ltd. is the largest shareholder, owning 1,829,225,327 shares, which is 20.79% of the total[153]. - The total number of domestic shareholders is 3,466, while H-share shareholders number 126 as of June 30, 2023[152]. Corporate Governance and Management - The company’s governance practices comply with the corporate governance code, except for three directors who were unable to attend the annual general meeting due to business reasons[181]. - The company has established a diverse compensation system that reflects job characteristics and provides flexible benefits[180]. - The company’s board of directors has undergone changes, with key positions being filled following resignations due to age and work adjustments[177]. Future Outlook and Strategy - The company aims to achieve high-quality development by focusing on four transformations: operational transformation, asset-liability management transformation, digital transformation, and branch transformation[149]. - The company plans to issue financial bonds with a total principal amount of up to RMB 30 billion, including perpetual bonds not exceeding RMB 15 billion and other types of financial bonds not exceeding RMB 15 billion[170]. - The company is committed to maintaining a stable economic environment, with a focus on expanding domestic demand and preventing risks, amidst challenges in the economic recovery process[149].