郑州银行(002936) - 2021 Q4 - 年度财报

Financial Performance - The company reported a consolidated financial statement for the year 2021, which includes data from its subsidiaries, with a focus on compliance with Chinese and international accounting standards[2]. - The total assets of Zhengzhou Bank reached RMB 574.98 billion, an increase of 4.96% compared to the previous year[10]. - The total deposits amounted to RMB 318.81 billion, reflecting a growth of 1.46% year-on-year[10]. - The total loans and advances reached RMB 289.03 billion, marking a significant increase of 21.46% from the previous year[10]. - The net profit for the reporting period was RMB 3.40 billion, representing a year-on-year growth of 2.32%[10]. - In 2021, Zhengzhou Bank reported operating income of RMB 14,800,539 thousand, a 1.33% increase from RMB 14,606,555 thousand in 2020[17]. - The total profit for 2021 was RMB 3,988,138 thousand, reflecting a decrease of 0.61% compared to RMB 4,012,467 thousand in 2020[17]. - Net profit attributable to shareholders was RMB 3,226,192 thousand, up 1.85% from RMB 3,167,567 thousand in the previous year[17]. - The bank's total capital net amount reached RMB 63,166,634 thousand, a 19.91% increase from RMB 52,679,369 thousand in 2020[18]. - The bank's total equity attributable to shareholders increased by 29.83% to RMB 57,766,182 thousand from RMB 44,494,897 thousand in 2020[18]. Risk Management - The company did not identify any significant risks that would adversely affect its future development strategy and operational goals during the reporting period[2]. - The company emphasizes the importance of risk management and outlines its strategies in the "Management Discussion and Analysis" section of the report[2]. - The bank's risk management framework was strengthened, focusing on credit risk management and compliance with regulatory requirements[150]. - The bank has established a comprehensive market risk management system, including risk measurement and stress testing[153]. - The bank has implemented a robust operational risk management framework to minimize operational risk losses[154]. Audit and Compliance - The financial report was audited by KPMG Huazhen and KPMG, both issuing standard unqualified audit opinions[2]. - The company’s legal representatives and senior management have confirmed the accuracy and completeness of the financial report[2]. - The annual report was approved by the board of directors on March 30, 2022, with 11 out of 12 directors present[2]. Shareholder Information - The total number of ordinary shares issued by Zhengzhou Bank as of December 31, 2021, is 8,265,537,599 shares, including 1,836,780,000 H shares and 6,428,757,599 A shares[171]. - The bank implemented a capital reserve conversion, increasing the number of ordinary shares by 751,412,509 shares, resulting in a total of 8,265,537,599 shares[172]. - Basic earnings per share for the year 2021 is RMB 0.33, down from RMB 0.36 in 2020 (restated)[174]. - The number of ordinary shareholders at the end of the reporting period was 100,338, with 100,281 being A-shareholders and 57 being H-shareholders[182]. - The top 10 ordinary shareholders held a total of 3,905,000,000 shares, with the largest shareholder being Hong Kong Central Clearing Limited, holding 1,836,581,354 H-shares[183]. Loans and Advances - The total amount of loans and advances was RMB 289.03 billion, up RMB 51.07 billion or 21.46% from the previous year, with corporate loans making up 69.13% of the total[71]. - Corporate loans increased to RMB 199.78 billion, a rise of RMB 42.83 billion or 27.29% year-on-year, reflecting a focus on trade finance and small business finance[73]. - Personal loans totaled RMB 76.14 billion, an increase of RMB 8.81 billion or 13.08% from the previous year, driven by growth in both personal operating loans and housing mortgage loans[75]. - The non-performing loan ratio was 1.85%, a decrease of 0.23 percentage points compared to the end of 2020[11]. - The bank's overdue loans amounted to RMB 8.35 billion, an increase of RMB 1.11 billion or 15.32% from the previous year, with an overdue loan ratio of 2.89%[100]. Deposits and Funding - The total amount of deposits absorbed by the bank was RMB 318,813.00 million, with a slight increase of 45.83 million or 1.46% from the previous year[86]. - Corporate demand deposits amounted to RMB 88.227 billion, an increase of RMB 14.581 billion, or 19.80%, from the previous year[127]. - Personal deposits totaled RMB 121.680 billion, with an increase of RMB 13.906 billion, or 12.90%, compared to the previous year[132]. Innovative Products and Services - The bank launched innovative financial products including "Technology Talent Loan" and "Equity Rights Loan" to support local enterprises[35]. - Established a comprehensive financial service network for rural areas, issuing 19,100 "Rural Revitalization Cards"[35]. - The bank's "Zhengke Loan" business maintained the largest market share among over 20 cooperative financial institutions[10]. Community Engagement - The bank contributed over RMB 4 million in donations to disaster relief efforts during the floods and pandemic[11]. - Actively participated in disaster recovery efforts, providing RMB 3 billion in post-disaster reconstruction loans[34]. Future Outlook - The bank anticipates potential risks from global economic slowdown and domestic pandemic impacts, but expects regional economic stabilization through strategic projects[166]. - The bank plans to deepen the development of "Four New Financial" services to achieve balanced growth in scale, profitability, and risk management[167]. - The bank aims to enhance financial services for small and micro enterprises, focusing on high-quality development and risk prevention[162].