Dividends and Financial Performance - The total cash dividend for the year 2024 is approximately RMB 101.75 billion, with a per-share dividend of RMB 0.403 (including tax) [7]. - The interim cash dividend for the first half of 2024 was RMB 0.197 per share, totaling approximately RMB 49.25 billion [7]. - The board proposed a cash dividend of 0.206 RMB per share for the end of 2024, totaling 0.403 RMB per share for the entire year [46]. - Net profit reached 300 billion CNY in 2023, showing a significant increase compared to previous years [29]. - Net profit for 2024 increased by 1.15% to RMB 336,282 million compared to RMB 332,460 million in 2023 [36]. - Operating income for 2024 was RMB 728,570 million, a decrease of 2.29% from RMB 745,615 million in 2023 [36]. - The net cash flow from operating activities significantly decreased by 47.42% to RMB 338,023 million in 2024 from RMB 642,850 million in 2023 [36]. Risk Management - The company faces various risks including credit risk, market risk, operational risk, liquidity risk, and strategic risk, and actively implements measures to manage these risks [8]. - The non-performing loan coverage ratio is at 233.60%, reflecting strong risk management practices [33]. - The non-performing loan ratio slightly improved to 1.34% in 2024 from 1.37% in 2023 [38]. Financial Stability and Growth - The total assets of the group as of December 31, 2024, reached RMB 40,571,149 million, reflecting a growth of 5.86% from RMB 38,324,826 million in 2023 [36]. - The bank's capital adequacy ratio is at 19.69%, ensuring robust financial stability [33]. - The total liabilities increased by 5.90% to RMB 37,227,184 million in 2024 from RMB 35,152,752 million in 2023 [36]. - The group’s total equity reached CNY 3.34 trillion, an increase of CNY 171.89 billion, reflecting a growth rate of 5.42% [159]. Customer Base and Services - The bank serves 771 million individual customers and 11.68 million corporate clients, with a total of 376,847 employees and 14,750 branches [16]. - The company served 11.68 million corporate clients and 771 million individual customers, reflecting a strong customer base [46]. - The number of "Twin Stars" users has reached 521 million, showcasing strong customer engagement [35]. - The wealth customer base grew to 39.16 million, an increase of 17.78% year-over-year [197]. Technological Advancements - The company is focusing on enhancing its digital banking services and improving customer experience through technological innovations [10]. - The company has completed 193 application scenarios for its enterprise-level financial model system, with over 7,000 research and development skills [196]. - The overall computing power and service capability of "CCB Cloud" remain industry-leading, completing the decentralized transformation of core systems [196]. - The company is implementing intelligent technologies such as robotic process automation (RPA) to deepen operational efficiency [197]. Environmental and Social Responsibility - The MSCI ESG rating improved to the highest level (AAA), indicating strong commitment to social responsibility [46]. - The bank is committed to enhancing its capabilities in serving national strategies, preventing financial risks, and participating in international competition [17]. - The bank emphasizes the development of five key financial areas: technology finance, green finance, inclusive finance, pension finance, and digital finance [17]. Operational Efficiency - The bank's cost-to-income ratio stands at 29.58%, indicating efficient operational management [33]. - The group plans to enhance cost management and efficiency in marketing expenditures to support strategic initiatives and customer account expansion [106]. - The group maintained a diversified funding structure, with the proportion of issued debt securities increasing by 1.02 percentage points to 6.41% [150]. Loan and Investment Growth - Loans to strategic emerging industries increased by 26.63%, reaching 2.84 trillion CNY [35]. - Green loan balance reached 4.70 trillion CNY, with a growth rate of 20.99% [35]. - The net amount of loans and advances issued was CNY 25.04 trillion, up by 8.48% [55]. - The total amount of corporate loans and advances was RMB 14.43 trillion, an increase of RMB 1.21 trillion, representing a growth of 9.14% [124].
建设银行(00939) - 2024 - 年度业绩