西安银行(600928) - 2024 Q1 - 季度财报

Cash Flow Activities - Net cash used in operating activities for the group was RMB 10.85 billion in Q1 2024, compared to RMB 4.13 billion in Q1 2023[2] - Net cash from investing activities for the group was RMB 92.5 million in Q1 2024, compared to a net cash outflow of RMB 2.21 billion in Q1 2023[13] - Net cash from financing activities for the group was RMB 7.08 billion in Q1 2024, up from RMB 5.24 billion in Q1 2023[13] - The group's cash outflow for interest, fees and commissions was RMB 2.31 billion in Q1 2024, up from RMB 1.46 billion in Q1 2023[2] - Cash paid for employee benefits was RMB 357 million in Q1 2024, compared to RMB 322 million in Q1 2023[2] - Cash paid for taxes was RMB 236 million in Q1 2024, slightly higher than RMB 229 million in Q1 2023[2] - The group's cash outflow for other operating activities was RMB 151 million in Q1 2024, down from RMB 158 million in Q1 2023[2] - Cash received from investments was RMB 8.51 billion in Q1 2024, down from RMB 12.76 billion in Q1 2023[13] - Cash paid for acquisition of fixed assets and intangible assets was RMB 8.47 billion in Q1 2024, down from RMB 15.12 billion in Q1 2023[13] - The net cash flow from operating activities increased year-on-year, mainly due to an increase in loans and advances and a decrease in borrowings from the central bank[60] - Net cash flow used in operating activities increased by 162.59% to (10,852,789) thousand yuan in Q1 2024 compared to (4,133,002) thousand yuan in Q1 2023[82] Cash and Cash Equivalents - Cash and cash equivalents at the end of Q1 2024 were RMB 26.98 billion for the group, compared to RMB 16.72 billion at the end of Q1 2023[17] - The company's cash and deposits with central banks decreased slightly to 25.376 billion yuan from 25.421 billion yuan at the end of 2023[71] Assets and Liabilities - Total assets increased by 8.855 billion yuan (2.05%) to 441.056 billion yuan as of March 31, 2024, compared to the end of the previous year[36] - Loans and advances increased by 13.742 billion yuan (6.77%) to 216.664 billion yuan as of March 31, 2024[36] - Total deposits increased by 4.546 billion yuan (1.55%) to 298.332 billion yuan as of March 31, 2024[36] - Total assets as of March 31, 2024, were 441.056 billion yuan, an increase from 432.201 billion yuan at the end of 2023[71] - Loans and advances increased to 211.274 billion yuan, up from 198.003 billion yuan at the end of 2023[71] - Financial investments measured at fair value through profit or loss decreased to 27.510 billion yuan from 28.743 billion yuan at the end of 2023[71] - Total assets increased by 2.05% to 441,056,345 thousand yuan as of March 31, 2024, compared to 432,201,362 thousand yuan at the end of 2023[82] - Total liabilities for the group increased to 409,405,337 thousand yuan as of March 31, 2024, from 401,275,149 thousand yuan at the end of 2023[73] - Total assets increased to 441,056,345 thousand yuan, up 2.05% from 432,201,362 thousand yuan at the end of 2023[86] - Total loans and advances grew to 216,664,318 thousand yuan, a 6.76% increase from 202,922,010 thousand yuan at the end of 2023[86] - Corporate loans and advances rose to 132,643,159 thousand yuan, up 6.22% from 124,871,159 thousand yuan at the end of 2023[86] - Personal loans and advances decreased to 63,215,629 thousand yuan, down 4.27% from 66,033,012 thousand yuan at the end of 2023[86] - Total deposits increased to 298,332,128 thousand yuan, up 1.55% from 293,786,396 thousand yuan at the end of 2023[86] - The company's total deposits increased to 306,922,516 thousand yuan as of March 31, 2024, from 302,558,036 thousand yuan at the end of 2023[73] Profitability and Income - Operating income for Q1 2024 was 1.885 billion yuan, a 4.44% increase compared to Q1 2023[33] - Net profit attributable to shareholders of the parent company for Q1 2024 was 682.628 million yuan, a 3.79% increase compared to Q1 2023[33] - The company achieved operating income of 1.885 billion yuan, an increase of 80 million yuan, or 4.44% year-on-year[55] - Net profit attributable to shareholders of the parent company was 683 million yuan, an increase of 25 million yuan, or 3.79% year-on-year[55] - Basic earnings per share were 0.15 yuan, with a weighted average return on equity of 2.19%[55] - Net interest income for the group decreased to 1,239,753 thousand yuan in Q1 2024 from 1,389,901 thousand yuan in Q1 2023[77] - Operating profit for the group was 698,937 thousand yuan in Q1 2024, slightly down from 699,556 thousand yuan in Q1 2023[77] - Net fee and commission income for the group increased to 70,847 thousand yuan in Q1 2024 from 55,350 thousand yuan in Q1 2023[77] Capital and Shareholders' Equity - Shareholders' equity increased by 725 million yuan (2.34%) to 31.651 billion yuan as of March 31, 2024[36] - The company's top ten shareholders include Scotiabank (804.771 million shares) and Tang West Market Cultural Industry Investment Group (634.072 million shares)[49] Capital Adequacy and Leverage - Core tier 1 capital adequacy ratio decreased to 10.26% as of March 31, 2024, compared to 10.73% at the end of 2023[38] - Leverage ratio increased to 6.56% as of March 31, 2024, compared to 6.35% at the end of 2023[40] - The company's core tier 1 capital adequacy ratio and capital adequacy ratio stood at 10.26% and 12.55% respectively as of the reporting period[85] Non-Performing Loans and Provisions - Non-performing loan ratio increased by 0.08 percentage points to 1.43% compared to the end of the previous year[85] - Provision coverage ratio decreased by 7.88 percentage points to 189.19% compared to the end of the previous year[85] - Non-performing loan ratio increased to 1.43%, up from 1.35% at the end of 2023[87] - Provision coverage ratio decreased to 189.19%, down from 197.07% at the end of 2023[87] Comprehensive Income and Earnings - Total comprehensive income for Q1 2024 was 724.795 million yuan, a decrease compared to 770.989 million yuan in Q1 2023[44] - Basic and diluted earnings per share for Q1 2024 were 0.15 yuan, the same as in Q1 2023[44] Liquidity and High-Quality Assets - Liquidity coverage ratio stood at 811.89% as of March 31, 2024[89] - High-quality liquid assets totaled 58,247,692 thousand yuan as of March 31, 2024[89] - Net cash outflow over the next 30 days was 7,174,318 thousand yuan as of March 31, 2024[89] Other Financial Metrics - The company's non-current assets disposal loss was 46 thousand yuan, with government subsidies of 1.638 million yuan[54]