上海银行(601229) - 2024 Q1 - 季度财报

Financial Performance - The operating income for Q1 2024 was RMB 13,093,548, a decrease of 0.93% compared to RMB 13,214,928 in Q1 2023[4] - The net profit attributable to shareholders of the parent company for Q1 2024 was RMB 6,150,324, an increase of 1.77% from RMB 6,043,234 in Q1 2023[4] - The diluted earnings per share for Q1 2024 was RMB 0.39, up from RMB 0.38 in Q1 2023[4] - The total comprehensive income for Q1 2024 was RMB 6,636,639 thousand, up from RMB 5,259,946 thousand in Q1 2023, indicating a year-over-year increase of 26.1%[37] - Operating profit for Q1 2024 was RMB 7,268,284 thousand, compared to RMB 6,840,191 thousand in Q1 2023, representing an increase of 6.3%[36] - The total operating expenses for Q1 2024 were RMB 5,825,264 thousand, down from RMB 6,374,737 thousand in Q1 2023, showing a decrease of 8.6%[34] Cash Flow and Investments - The net cash flow from operating activities for Q1 2024 was RMB 743,566, an increase of 95.48% year-on-year[8] - The cash flow from operating activities for Q1 2024 was RMB 117,955,169 thousand, slightly higher than RMB 115,198,624 thousand in Q1 2023[39] - The net cash flow from investing activities for Q1 2024 was RMB 27,671,958 thousand, a significant improvement from a net outflow of RMB 30,301,853 thousand in Q1 2023[41] Assets and Equity - The total assets as of March 31, 2024, were RMB 3,154,743,623, an increase of 2.24% from RMB 3,085,516,473 at the end of 2023[4] - The total equity attributable to shareholders of the parent company increased to RMB 245,213,589 as of March 31, 2024, from RMB 238,578,830 at the end of 2023[4] - The total assets reached RMB 3.154743623 trillion as of March 31, 2024[25] Loan and Deposit Growth - The total amount of customer loans and advances was RMB 1,416.593 billion, growing by 2.87% year-on-year[16] - The total deposits amounted to RMB 1,684.998 billion, reflecting a growth of 2.74% from the previous year[16] - The amount of loans and advances to corporate clients in RMB reached RMB 847.710 billion, an increase of 6.45% from the previous year[17] - The company reported a net increase in customer deposits of RMB 44,919,661 thousand in Q1 2024, compared to RMB 75,698,548 thousand in Q1 2023[39] Capital Adequacy and Risk Management - The core tier 1 capital adequacy ratio was 9.48% as of March 31, 2024, compared to 9.11% at the end of 2023[6] - The capital adequacy ratio stood at 13.22%, with a Tier 1 capital ratio of 10.34% and a core Tier 1 capital ratio of 9.48%, all meeting regulatory requirements[16] - The non-performing loan ratio remained stable at 1.21% as of March 31, 2024[12] - The provision coverage ratio for non-performing loans was 272.13% as of March 31, 2024[12] Customer Growth and Services - The number of customers increased to 294,400, representing a growth of 2.13% year-on-year[17] - The number of clients in entrusted business increased by 14.81% compared to the end of the previous year[19] - The number of pension clients increased by 35.17% year-on-year, reaching 1.5858 million clients[21] - The total AUM for pension clients was RMB 463.862 billion, an increase of 2.10% compared to the end of the previous year[21] Income Sources - The net interest income was RMB 7.953619 billion, with interest income of RMB 23.288878 billion and interest expenses of RMB 15.335259 billion[28] - The net commission and fee income was RMB 1.239956 billion, with total commission income of RMB 1.374108 billion[29] - Total investment income for Q1 2024 reached RMB 2,992,808 thousand, a slight increase from RMB 2,990,178 thousand in Q1 2023[31] Green Finance Initiatives - The issuance of green loans amounted to RMB 25.339 billion, a year-on-year increase of 70%, ranking first among city commercial banks[18] - The balance of self-owned non-financial corporate green bond investments reached RMB 9.317 billion, an increase of 3.95% compared to the end of the previous year[19]