Financial Highlights
(International Financial Reporting Standards)
Profit & Loss Summary
| Unit: RMB million |
Change |
Three-month period ended 31 Mar 2009 |
Three-month period ended 31 Mar 2008 |
| Net interest income |
-9.74% |
36,838 |
40,815 |
| Non-interest income |
-19.39% |
13,629 |
16,908 |
| Including: Net fee & commission income |
-4.71% |
11,263 |
11,820 |
| Operating expenses |
-15.07% |
19,448 |
22,900 |
| Impairment losses on assets |
16.72% |
5,843 |
5,006 |
| Profit after income tax |
-16.13% |
19,347 |
23,067 |
| Profit attributable to the equity holders of the Bank |
-14.41% |
18,570 |
21,696 |
| Earning per shares (RMB) |
-14.41% |
0.07 |
0.09 |
Balance Sheet Summary
| Unit: RMB million |
Change |
As of 31 Mar 2009 |
As of 31 Dec 2008 |
| Total assets |
13.98% |
7,923,656 |
6,951,680 |
| Loan and advances to customers, net |
15.99% |
3,699,615 |
3,189,652 |
| Total liabilities |
14.77% |
7,416,078 |
6,461,793 |
| Due to customer |
15.02% |
5,868,394 |
5,102,111 |
| Shareholder’s equity |
3.65% |
481,196 |
464,258 |
Key Ratios
| |
Change (percentage points) |
Three-month period ended 31 Mar 2009 |
Three-month period ended 31 Mar 2008 |
| Return on average assets (annualized) |
-0.46 |
1.04% |
1.50% |
| Return on average equity (annualized) |
-4.46 |
15.71% |
20.17% |
| Net interest margin (annualized) |
-0.63 |
2.14% |
2.77% |
| Non-interest income ratio |
-2.28 |
27.01% |
29.29% |
| Cost to income ratio (excluding business and other taxes) |
-1.57 |
33.06% |
34.63% |
| Credit Cost (annualized) |
-0.02 |
0.31% |
0.33% |
| |
Change (percentage points) |
As of 31 Mar 2009 |
As of 31 Dec 2008 |
| Impaired loan ratio |
-0.47 |
2.29% |
2.76% |
| Impaired loan coverage ratio |
6.25 |
123.43% |
117.18% |
| Non-performing loan ratio |
-0.41 |
2.24% |
2.65% |
| Non-performing loan coverage ratio |
4.75 |
126.47% |
121.72% |
|
