Financial Performance - Agricultural Bank of China reported a net profit of RMB 150 billion for the first half of 2023, representing a year-on-year increase of 5%[5]. - The company reported a net cash flow from operating activities of RMB 1,353,499 million for the first half of 2023, significantly higher than RMB 908,785 million in the same period of 2022[7]. - In the first half of 2023, the company achieved a net profit of RMB 133.83 billion, an increase of RMB 5.05 billion, representing a growth of 3.9% year-on-year[12]. - The bank's income tax expense for the first half of 2023 was RMB 22.14 billion, down RMB 5.13 billion or 18.8% year-on-year, with an effective tax rate of 14.19%[31]. - Total operating income for the first half of 2023 reached RMB 365.79 billion, a slight increase from RMB 363.20 billion in the same period of 2022[33]. Asset and Liability Management - The bank's total assets reached RMB 30 trillion, an increase of 8% compared to the previous year[5]. - Total assets as of June 30, 2023, reached RMB 38,033,395 million, an increase of 12.4% from RMB 33,927,533 million at the end of 2022[7]. - As of June 30, 2023, the total liabilities of the company amounted to RMB 35,312.69 billion, an increase of RMB 4,060.96 billion or 13.0% compared to the end of the previous year[52]. - The company's equity totaled RMB 27,207.06 billion, an increase of RMB 469.46 billion, with a net asset value per share of RMB 6.50, up by RMB 0.13[58]. Loan and Deposit Growth - Customer deposits grew by 6% year-on-year, totaling RMB 25 trillion[5]. - Customer loans and advances totaled RMB 21,791,905 million, up 10.3% from RMB 19,765,745 million at the end of 2022[7]. - Customer loans and advances generated interest income of RMB 401.43 billion, up RMB 24.44 billion or 6.5% year-on-year, mainly due to the increase in the scale of customer loans and advances[18][19]. - Customer deposits increased by RMB 3,110.01 billion, growing by 12.4% to reach RMB 28,231.05 billion as of June 30, 2023[54]. Risk Management - The non-performing loan (NPL) ratio remained stable at 1.5%, indicating effective risk management[5]. - The non-performing loan ratio improved to 1.35% as of June 30, 2023, down from 1.37% at the end of 2022[8]. - The bank's non-performing loan (NPL) balance was RMB 294.39 billion, an increase of RMB 23.33 billion from the end of the previous year, with an NPL ratio of 1.35%, a decrease of 0.02 percentage points[137]. - The company implemented a differentiated regional credit policy to enhance risk management in key sectors such as smart manufacturing and digital economy[128]. Digital Transformation and Innovation - The bank plans to expand its digital banking services, aiming for a 20% increase in online transactions by the end of 2024[5]. - A new mobile banking app was launched, targeting a user base increase of 15 million by the end of 2023[5]. - The bank's online banking platform achieved 194 million monthly active users, maintaining the top position in the industry[90]. - The bank's core system processed an average daily transaction volume of 1.485 billion transactions, with peak daily transaction volume reaching 1.899 billion, marking a historical high[106]. Green Finance Initiatives - Agricultural Bank of China is investing RMB 10 billion in green finance initiatives to support sustainable projects[5]. - The balance of green loans reached CNY 3.62 trillion, an increase of 34.4% compared to the end of the previous year[173]. - The cumulative issuance of carbon reduction loans reached CNY 137.4 billion, resulting in an annual carbon reduction of 32.79 million tons of CO2 equivalent[173]. - The bank's ESG-themed products reached a total of 62, with a scale of CNY 47.806 billion as of June 30, 2023[175]. Employee and Community Engagement - The company recruited approximately 437,000 employees for training in the first half of the year, focusing on key areas such as rural revitalization and green finance[181]. - The company expanded its employee care initiatives, helping 94,000 employees through various support actions in the first half of the year[182]. - The bank conducted over 86,000 rural financial service outreach activities in the first half of 2023, providing over 140,000 home service visits for elderly customers and other special groups[187]. - The company conducted 59,000 consumer rights protection education activities, reaching 510 million consumers in the first half of the year[183]. Corporate Governance - The company emphasizes compliance and governance, adhering to relevant laws and regulations, and enhancing its governance structure[193]. - The company held its annual general meeting on June 29, 2023, where it reviewed 8 proposals including the board's work report for 2022[194]. - The board of directors convened 3 meetings during the reporting period, discussing 32 proposals and 14 reports related to strategic risk assessments and profit distribution[195]. - The company has implemented a "compliance benchmark construction year" initiative to foster a culture of compliance among employees[192].

Financial Performance - Agricultural Bank of China reported unaudited interim results for the six months ended June 30, 2023[1]. - The bank's total assets reached RMB 30 trillion, an increase of 8% year-on-year[2]. - Net profit attributable to shareholders for the period was RMB 100 billion, representing a growth of 5% compared to the same period last year[2]. - Net profit for the first half of 2023 was RMB 133,831 million, representing a 3.4% increase compared to RMB 128,950 million in the same period of 2022[10]. - In the first half of 2023, the company achieved a net profit of RMB 133.83 billion, an increase of RMB 5.05 billion, or 3.9% year-on-year[14]. - The company's pre-tax profit was RMB 155.97 billion, a slight decrease of RMB 80 million, or 0.1% year-on-year[14]. - The bank's operating income for the first half of 2023 was RMB 365,794 million, slightly down from RMB 387,659 million in the same period of 2022[10]. - Total operating income for H1 2023 was RMB 365,794 million, slightly up from RMB 363,195 million in H1 2022[34]. Asset Quality - The non-performing loan ratio stood at 1.5%, a decrease of 0.1 percentage points from the previous year[2]. - The non-performing loan ratio improved to 1.35% as of June 30, 2023, down from 1.37% at the end of 2022[11]. - The company's non-performing loan ratio was not explicitly stated, but the focus remains on managing credit risks in key areas such as real estate[13]. - The total amount of overdue loans as of June 30, 2023, was RMB 214,758 million, representing 0.99% of the total loan amount, a decrease from 1.08% as of December 31, 2022[133]. - The company's personal housing loan non-performing balance and non-performing rate both decreased during the reporting period, indicating stable asset quality in personal loans[128]. Customer Deposits and Loans - Customer deposits increased by 6% to RMB 25 trillion, reflecting strong customer confidence[2]. - Customer loans and advances totaled RMB 21,791,905 million, up 10.3% from RMB 19,765,745 million at the end of 2022[9]. - Total deposits increased to RMB 26,108,588 million in H1 2023, up from RMB 22,235,871 million in H1 2022, representing a growth of 17.0%[25]. - The balance of loans to private enterprises reached CNY 3.5 trillion as of June 30, 2023[66]. - The balance of county-level corporate loans (excluding bill discounting) was CNY 4.7081 trillion, an increase of CNY 743.6 billion compared to the end of the previous year[112]. Digital Transformation and Innovation - The bank plans to expand its digital banking services, aiming for a 20% increase in online transactions by the end of 2024[2]. - The company aims to accelerate digital transformation projects and improve integrated online and offline operational capabilities[13]. - The monthly active users of the mobile banking app reached 194 million, maintaining the leading position in the industry[88]. - The company has successfully launched a blockchain cloud service platform, enabling automated deployment and unified user authentication[103]. - The company has established a digital business operation center in Hefei to enhance operational efficiency and centralized operations[105]. Green Finance Initiatives - Agricultural Bank of China is focusing on green finance, with a target of allocating RMB 500 billion to green projects over the next three years[2]. - The bank's total green loans reached RMB 3.62 trillion, an increase of 34.4% compared to the end of the previous year[174]. - Cumulative carbon reduction loans issued amounted to RMB 137.4 billion, leading to an annual carbon reduction of 32.79 million tons of CO2 equivalent[174]. - The bank's green leasing assets reached RMB 60.051 billion as of June 30, 2023, an increase of 8.9%, with green leasing assets accounting for 67.0% of total leasing assets[176]. - The bank's green finance strategy is one of its three major strategies, focusing on carbon neutrality and promoting green financial product innovation[173]. Risk Management - The company has implemented a differentiated regional credit policy to enhance the granularity of credit management, focusing on sectors like smart manufacturing and digital economy[127]. - The company is actively enhancing its digital risk control platform to develop and optimize credit risk identification and early warning models[127]. - The bank has enhanced its digital risk management capabilities and strengthened credit management foundations to maintain stable credit asset quality[137]. - The company has optimized its risk warning models and improved the accuracy of risk identification in personal loans, enhancing overall risk management capabilities[128]. - The company has increased efforts in handling non-performing loans, focusing on cash recovery and restructuring to improve disposal efficiency[127]. Corporate Governance and Compliance - The board of directors consists of 15 members, including 4 executive directors and 5 independent non-executive directors, ensuring a diverse governance structure[200]. - The company has organized a "Compliance Benchmark Construction Year" activity to enhance compliance awareness and create a culture of integrity[195]. - The internal control evaluation framework has been continuously optimized to improve risk assessment capabilities and enhance compliance management[196]. - The company has implemented a comprehensive anti-money laundering risk assessment framework to enhance its risk control capabilities[194]. - The company emphasizes the importance of internal audits to promote strategic decision-making and improve overall governance levels[199].

Financial Performance - The operating income for Q1 2023 was RMB 189,365 million, a decrease of 2.24% compared to RMB 205,857 million in the same period last year[5] - The net profit attributable to shareholders of the parent company was RMB 71,554 million, representing a 1.75% increase from RMB 70,750 million year-on-year[5] - For the three months ending March 31, 2023, the group achieved a net profit of RMB 72.115 billion, an increase of 2.83% year-on-year[14] - The group reported operating revenue of RMB 189.365 billion, a year-on-year increase of 2.24%[14] - The net profit for the first quarter of 2023 is RMB 72,115 million, up from RMB 70,132 million in the same period of 2022, representing a growth of about 2.8%[31] - The total comprehensive income for the first quarter of 2023 is RMB 60,103 million, down from RMB 64,203 million in the same period of 2022[31] Cash Flow and Liquidity - The net cash flow from operating activities surged to RMB 905,857 million, a significant increase of 146.64% compared to RMB 367,281 million in Q1 2022[6] - The significant increase in net cash flow from operating activities was primarily due to the growth in net deposits and interbank placements[6] - The bank's net cash from operating activities for the first quarter of 2023 was RMB 905,857 million, significantly higher than RMB 367,281 million in the same period of 2022[34] - The adjusted net cash outflow for the first quarter of 2023 is RMB 4,333,454 million[28] - The total expected cash inflow for the first quarter of 2023 is RMB 3,031,591 million[28] - The liquidity coverage ratio averaged 124.5% in Q1 2023, a decrease of 7.6 percentage points from the previous quarter[27] Assets and Liabilities - The total assets at the end of Q1 2023 reached RMB 36,811,547 million, reflecting an 8.51% increase from RMB 33,927,533 million at the end of the previous year[5] - As of March 31, 2023, total assets increased to RMB 36,811,547 million, up from RMB 33,925,488 million as of December 31, 2022, representing an increase of approximately 8.5%[32] - Total liabilities increased to RMB 34,078,356 million from RMB 31,251,728 million, reflecting a growth of approximately 9.0%[33] - The total customer loans and advances amounted to RMB 21,132.46 billion, up by RMB 136.86 billion or 6.92% year-on-year[15] - Customer loans and advances rose to RMB 20,285,884 million, compared to RMB 18,980,973 million at the end of 2022, marking an increase of about 6.9%[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 476,934, with the top two shareholders holding a combined 75.32% of shares[7] - Central Huijin Investment Ltd. held 40.03% of shares, while the Ministry of Finance of the People's Republic of China held 35.29%[7] - Cash dividends of RMB 1.936 billion were distributed to shareholders, with a dividend yield of 4.84%[20] Capital and Equity - The equity attributable to shareholders of the parent company increased to RMB 2,726,520 million, a rise of 2.19% from RMB 2,668,412 million at the end of the previous year[5] - The bank's total equity increased to RMB 2,733,191 million from RMB 2,673,760 million, reflecting an increase of about 2.2%[33] - The bank's core tier 1 capital adequacy ratio was 10.70%, down from 11.15% at the end of the previous year[25] - The leverage ratio as of March 31, 2023, is 7.05%, which is above regulatory requirements[29] Income and Expenses - Net interest income was RMB 145.607 billion, a decrease of 3.54% year-on-year, with a net interest margin of 1.70%[14] - Operating expenses rose by 5.03% year-on-year to RMB 49.921 billion, with a cost-to-income ratio of 24.52%, up 0.61 percentage points year-on-year[14] - Credit impairment losses increased by RMB 3.631 billion year-on-year to RMB 56.513 billion[14] - The bank's interest income from investment securities was RMB (72,963) million for the first quarter of 2023, compared to RMB (65,437) million in the same period of 2022, indicating a decline in interest income[34] Other Financial Metrics - The return on average equity (annualized) decreased to 12.60%, down by 0.79 percentage points from 13.39% in the previous year[5] - The annualized average total asset return rate was 0.82%, a decrease of 0.12 percentage points year-on-year[14] - The annualized weighted average return on equity was 12.60%, down 0.79 percentage points year-on-year[14] - Basic earnings per share remained flat at RMB 0.20 compared to the same period last year[14] - The weighted average number of shares for basic and diluted earnings per share remained unchanged at RMB 0.20 per share[5] - The net trading income for the first quarter of 2023 is RMB 10,174 million, compared to RMB 564 million in the same period of 2022[30]

中國農業銀行股份有限公司 2022 年度報告 ...

[27 -> 36] 女士们、先生们,大家下午好,我是中国农业银行董事会秘书韩国强。 [36 -> 52] 今天非常高兴地邀请到了众多投资者、分析师和媒体朋友参加农业银行2022年度业绩发布会,特别是时隔几年。 [52 -> 67] 又与香港的投资者和朋友们见面,十分高兴和荣幸,在此对各位的盛情光临表示热烈的欢迎。 [67 -> 87] 对大家长期以来关注支持农业银行发展,对于诚挚的谢意,本次发布会设有北京、香港两个现场,同步全球网络视频直播。 [87 -> 108] 经初步统计,北京会场出席嘉宾52人,香港会场出席嘉宾30人,另外,发布会还通过三个网络平台实施直播。 [108 -> 127] 目前,线上网络端十分活跃,也有大量投资者在线。下面,我为大家介绍出席本次业绩发布会的农业银行部分董事会成员和管理层代表。 [127 -> 159] 他们是中国农业银行副董事长、执行董事、行长傅万钧先生、中国农业银行执行董事、副行长张旭光先生、副行长刘家旺先生、独立董事黄振中先生、投资总监江瑞斌先生、财务会计部总经理刘世东先生。 [160 -> 164] 信用管理部主要负责人王笑汉先生。 [165 -> 174] 另外, ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 中 國 農 業 銀 行 股 份 有 限 公 司 AGRICULTURAL BANK OF CHINA LIMITED （於中華人民共和國註冊成立之股份有限公司） （股份代號：1288） 2022 年 年 度 業 績 公 告 中國農業銀行股份有限公司（「本行」）董事會（「董事會」）欣然宣佈本行及所屬子公司截 至2022年12月31日止年度，根據國際會計準則委員會頒佈的《國際財務報告準則》編製的 經審核業績以及建議2022年現金股息。本行董事會審計與合規管理委員會已審閱此年 度業績。本公告符合《香港聯合交易所有限公司證券上市規則》中有關年度業績初步公 告附載的資料之要求。本行2022年年度報告的印刷版本將於2023年4月寄發予本行H股股 東，並同時刊載於在香港聯合交易所有限公司的網站(www.hkexnews.hk )及本行的網站 (www.abchina.com.cn, www.abchina.com ) ...

中国农业银行 AGRICULTURAL BANK OF CHINA 中國農業銀行股份有限公司 （於中華人民共和國註冊成立的股份有限公司 ) 股份代號：1288 2022 中期報告 e and and of the lost are and 目錄 | --- | --- | --- | |------------|----------------------------------|-------| | | | | | 釋義 | 2 | | | | 公司基本情況及主要財務指標 4 | | | 討論與分析 | 9 | | | 形勢與展望 | 10 | | | | 財務報表分析 11 | | | 業務綜述 | 27 | | | | 縣域金融業務 44 | | | | 風險管理與內部控制 49 | | | 資本管理 | 63 | | | | 環境和社會責任 64 | | | 綠色金融 | 64 | | | | 人力資本發展 67 | | | | 消費者權益保護 67 | | | | 隱私與數據安全 68 | | | | 金融服務可及性 69 | | | 公司治理 | 71 | | | | 公司治理運作 71 | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 1 中國農業銀行股份有限公司 AGRICULTURAL BANK OF CHINA LIMITED （於中華人民共和國註冊成立之股份有限公司） （股份代號：1288） 2022 年第一季度報告 中國農業銀行股份有限公司（「本行」）董事會（「董事會」）欣然宣佈本行及所屬子公司（統 稱「本集團」）截至2022年3月31日止第一季度期間按照國際財務報告準則編製的未經審計 業績。本公告乃根據香港法例第571章《證券及期貨條例》第XIVA部及《香港聯合交易所 有限公司證券上市規則》第13.09(2)條及第13.10B條的要求做出。 一、公司基本信息 | --- | --- | |--------------------------------------------------|-------------------------------------------------------------------- ...

中国农业银行 AGRICULTURAL BANK OF CHINA 中國農業銀行股份有限公司 （於中華人民共和國註冊成立的股份有限公司 ) 股份代號：1288 2021 年度報告 公司簡介 本行的前身最早可追溯至1951年成立的農業合作銀行。自1979年2月恢復成立以來，本行相繼經歷了國家 專業銀行、國有獨資商業銀行和國有控股商業銀行等不同發展階段。2009年1月，本行整體改制為股份有 限公司。2010年7月，本行分別在上海證券交易所和香港聯合交易所掛牌上市。 本行是中國主要的綜合性金融服務提供商之一，以高質量發展為主題，突出「服務鄉村振興的領軍銀行」 和「服務實體經濟的主力銀行」兩大定位，全面實施「三農」縣域、綠色金融、數字經營三大戰略。本行憑 藉全面的業務組合、龐大的分銷網絡和領先的技術平台，向廣大客戶提供各種公司銀行和零售銀行產品 和服務，同時開展金融市場業務及資產管理業務，業務範圍還涵蓋投資銀行、基金管理、金融租賃、人壽 保險等領域。截至2021年末，本行總資產290,691.55億元（人民幣，下同），客戶貸款及墊款總額171,750.73 億元，吸收存款219,071.27億元，資本充足率17.13 ...