2 1 Shi Ji Jing Ji Bao Dao·2025-08-29 23:25Core Viewpoint - China Bank reported stable financial performance with a slight decline in net profit, while showing growth in total assets and customer base [1][2] Financial Performance - In the first half of 2025, China Bank achieved operating income of 329 billion yuan, a year-on-year increase of 3.76%, and net profit attributable to shareholders of 117.59 billion yuan, a decrease of 0.85% [1] - As of June 30, total assets reached 36.79 trillion yuan, up 4.93% from the end of the previous year, with total loans at 23.05 trillion yuan, reflecting a year-on-year increase of 7.72% [1] Dividend and Capital Management - Since its reform and listing, China Bank has distributed over 940 billion yuan in dividends, maintaining a high payout ratio of 30% since 2015 [2] - The board proposed a cash dividend of 1.094 yuan per share for the first half of 2025, totaling approximately 35.25 billion yuan [2] Revenue Structure - Non-interest income significantly increased by 26.43% year-on-year, reaching 114.19 billion yuan, accounting for 34.71% of total revenue, up 6.23 percentage points [3] - Net interest income was 214.82 billion yuan, a decrease of 5.27% year-on-year, with a net interest margin of 1.26%, down 18 basis points from the previous year [3] Capital Strength - Following a successful issuance of A-shares raising 165 billion yuan, the core Tier 1 capital adequacy ratio rose to 12.57%, an increase of 75 basis points from the previous quarter [5][6] - This capital increase is expected to enhance the bank's ability to manage economic and market fluctuations [6] Loan Growth - Total loans and advances reached 23.05 trillion yuan, with a year-on-year growth of 6.74% [7] - Green loans, loans to private enterprises, and manufacturing loans showed strong growth rates of 17.21%, 12.93%, and 12.99% respectively [7] Personal Loan Development - Personal loans reached 6.97 trillion yuan, with a growth of 0.66% year-on-year, and the total number of personal customers increased to 546 million [8] - Consumer finance initiatives led to over 1 trillion yuan in personal consumption loans and credit card spending, significantly exceeding last year's levels [8]