QILU BANK(SH:601665) Zheng Quan Zhi Xing·2025-08-29 17:11Core Viewpoint - Qilu Bank has demonstrated solid financial performance in the first half of 2025, with significant growth in revenue, profit, and total assets, while maintaining a stable asset quality and improving operational efficiency [2][8]. Financial Performance - Total operating income for the first half of 2025 reached CNY 6,781.68 million, a year-on-year increase of 5.76% compared to CNY 6,412.22 million in the same period of 2024 [2][8]. - Total profit amounted to CNY 2,754.69 million, reflecting a 14.54% increase from CNY 2,405.01 million in the first half of 2024 [2][8]. - Net profit for the period was CNY 2,727.40 million, up 16.28% from CNY 2,345.62 million in the previous year [2][8]. Asset and Loan Growth - As of June 30, 2025, total assets reached CNY 751.31 billion, an increase of 8.96% from CNY 689.54 billion at the end of 2024 [3][8]. - Total loans amounted to CNY 371.41 billion, growing by 10.16% from CNY 337.14 billion at the end of 2024 [3][8]. - Corporate loans increased by 15.72% to CNY 278.06 billion, while personal loans decreased by 4.38% to CNY 82.63 billion [3][8]. Asset Quality - The non-performing loan (NPL) ratio improved to 1.09%, down from 1.19% at the end of 2024 [4][9]. - The provision coverage ratio increased to 343.24%, up from 322.38% at the end of 2024, indicating stronger risk management [4][9]. Operational Efficiency - The cost-to-income ratio improved to 24.90%, a decrease of 2.51 percentage points from the previous year [4][9]. - The net interest margin was reported at 1.53%, reflecting a slight increase from 1.51% in the previous year [4][9]. Capital Adequacy - As of June 30, 2025, the core tier 1 capital adequacy ratio was 10.46%, while the total capital adequacy ratio stood at 14.61% [5][6]. - The bank's total capital reached CNY 59.19 billion, an increase from CNY 56.58 billion at the end of 2024 [5][6]. Shareholder Information - As of the report date, the total number of ordinary shareholders was 43,118, with the largest shareholder being the Commonwealth Bank of Australia, holding 14.66% of the shares [10][11].