江阴银行(002807) - 2025 Q1 - 季度财报

Financial Performance - Total operating income for Q1 2025 reached RMB 1,126,513,000, a year-on-year increase of 6% compared to RMB 1,062,718,000 in the same period last year[8] - Net profit attributable to shareholders was RMB 357,469,000, reflecting a 2.22% increase from RMB 349,695,000 in the previous year[8] - Investment income for Q1 2025 reached RMB 414,766,000, a 143.55% increase compared to RMB 170,297,000 in Q1 2024, primarily due to increased gains from debt investment disposals[19] - Net profit for the first quarter was CNY 352,364,000, a slight increase of 0.2% compared to CNY 351,492,000 in the same period last year[45] Cash Flow - The net cash flow from operating activities improved significantly to RMB 2,802,717,000, a 160.53% increase from a negative RMB 4,630,014,000 in the same period last year[8] - Operating cash inflows totaled RMB 8,930,728,000 in Q1 2025, up 1087.24% from RMB 752,223,000 in Q1 2024, while operating cash outflows increased by 13.86% to RMB 6,128,011,000[20] - The net cash flow from operating activities improved to RMB 2,802,717,000 in Q1 2025, compared to a negative RMB 4,630,014,000 in Q1 2024, marking a 160.53% increase[20] Assets and Liabilities - Total assets at the end of Q1 2025 amounted to RMB 207,058,078,000, representing a 3.41% increase from RMB 200,232,115,000 at the end of the previous year[8] - Total liabilities at the end of the reporting period are RMB 187,923,592,000, up from RMB 181,373,359,000 year-over-year[44] - Total equity attributable to shareholders of the parent company is RMB 18,870,525,000, compared to RMB 18,589,690,000 at the end of the previous year[44] Deposits and Loans - The total deposits reached RMB 161,808,000,000, with a growth rate of 6.57% since the beginning of the year, while total loans amounted to RMB 129,605,000,000, increasing by 4.41%[10] - Total deposits as of March 31, 2025, amounted to RMB 164,356,978,000, an increase from RMB 154,991,816,000 as of December 31, 2024[23] - The total loan principal as of March 31, 2025, was RMB 129,605,340,000, up from RMB 124,129,589,000 at the end of 2024[23] Risk Management - The non-performing loan ratio remained stable at 0.86%, unchanged from the beginning of the year, indicating effective risk control[10] - The non-performing loan ratio was stable at 0.86% as of Q1 2025, unchanged from 2024[25] Operational Efficiency - The bank's weighted average return on equity decreased by 0.18 percentage points to 1.91% compared to the previous year[8] - The cost-to-income ratio improved to 25.31% in Q1 2025, down from 30.15% in 2024, indicating enhanced operational efficiency[25] - The net interest margin for Q1 2025 was reported at 1.51%, compared to 1.76% in 2024, reflecting changes in interest income and expenses[25] Digital Transformation and Strategy - The bank's digital transformation initiatives have led to improved operational efficiency, achieving a "2C" rating in the national financial regulatory technology assessment, ranking first among rural commercial banks in the province[11] - The bank is actively pursuing a differentiated transformation strategy for its branches, enhancing service quality and customer engagement through various innovative financial models[11] Shareholder Information - Total number of common shareholders at the end of the reporting period is 47,510[37] - Jiangsu Jiangnan Water Co., Ltd. holds 5.76% of shares, totaling 141,819,494 shares[37] - The company has no significant changes in the shareholding structure of the top 10 shareholders compared to the previous period[38] Other Financial Metrics - The capital adequacy ratio stood at 14.87% in Q1 2025, slightly down from 15.22% in 2024, remaining above the regulatory requirement of 10.5%[24] - The leverage ratio as of March 31, 2025, was 8.27%, slightly down from 8.40% at the end of 2024[32] - Cash and deposits with the central bank increased to RMB 9,055,553,000 from RMB 8,516,925,000 year-over-year[42] - Loans and advances issued reached RMB 125,948,728,000, up from RMB 120,434,790,000 year-over-year[42] - Other debt investments increased to RMB 20,573,673,000 from RMB 14,417,494,000 year-over-year[42] Audit Status - The financial report for the first quarter of 2025 was not audited[48]