Ge Long Hui·2025-08-01 19:12Core Viewpoint - Qingdao Bank (002948.SZ) reported steady growth in operational scale and improved profitability in its semi-annual performance report for 2025, indicating a positive trend in asset quality and financial health [1] Financial Performance - As of June 30, 2025, the total assets of the company reached 743.03 billion yuan, an increase of 53.07 billion yuan, or 7.69% from the end of the previous year [1] - The total customer loans amounted to 368.41 billion yuan, up by 27.72 billion yuan, or 8.14% year-on-year [1] - Total liabilities were 695.94 billion yuan, increasing by 50.88 billion yuan, or 7.89% compared to the previous year [1] - Customer deposits totaled 466.14 billion yuan, rising by 34.12 billion yuan, or 7.90% year-on-year [1] Profitability - In the first half of 2025, the net profit attributable to shareholders was 3.065 billion yuan, an increase of 422 million yuan, or 16.05% year-on-year [1] - Operating revenue reached 7.662 billion yuan, up by 534 million yuan, or 7.50% compared to the previous year [1] - The annualized weighted average return on equity was 15.75%, an increase of 0.41 percentage points year-on-year [1] - Basic earnings per share were 0.53 yuan, an increase of 0.08 yuan, or 17.78% year-on-year [1] Asset Quality - As of June 30, 2025, the non-performing loan ratio was 1.12%, a decrease of 0.02 percentage points from the end of the previous year [1] - The provision coverage ratio improved to 252.80%, an increase of 11.48 percentage points compared to the previous year [1]