A share code: Industrial Bank Co.Ltd(601166) a share abbreviation: Industrial Bank Co.Ltd(601166)
Preferred stock code: 360005, 360012, 360032 preferred stock abbreviation: xingyeyou 1, xingyeyou 2, xingyeyou 3
Convertible bond Code: 113052 convertible bond abbreviation: Societe Generale convertible bond
Industrial Bank Co.Ltd(601166)
Summary of annual report 2021
I. important note 1 the summary of this annual report is from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should carefully read the full text of the annual report on the website of Shanghai Stock Exchange and other media designated by the CSRC. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee that the contents of the annual report are true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities.
3 the fifth meeting of the 10th board of directors of the company was held on March 24, 2022. There were 13 directors who should attend the meeting and 13 actually attended the meeting, of which 9 directors attended the meeting at the main venue in Fuzhou and the venue in Beijing, and 4 directors such as Chen Jinguang, Su Xijia, Ben Shenglin and Qi Yuan attended the meeting by video access. The annual report and summary of 2021 were reviewed and adopted. 4 KPMG Huazhen Certified Public Accountants (special general partnership) issued an unqualified audit report for the company. 5. Profit distribution plan for the reporting period reviewed by the board of directors
Common stock dividend distribution plan: it is proposed to distribute a cash dividend of 10.35 yuan (including tax) for every 10 common shares based on the total share capital of 20774190751 shares.
Dividend distribution plan for preferred shares: the total par value of “xingyeyou 1” preferred shares is 13 billion yuan, and it is proposed to distribute 722 million yuan of dividends in 2021 (annual dividend rate of 5.55%); The total par value of “xingyeyou 2” preferred shares is 13 billion yuan, and it is proposed to pay a dividend of 602 million yuan in 2021 (with an annual dividend rate of 4.63%); The total par value of “xingyeyou 3” preferred shares is 30 billion yuan, and it is proposed to pay a dividend of 1.47 billion yuan in 2021 (annual dividend rate of 4.90%). II. Basic information of the company 1 company profile
Company securities profile
Type of securities listed exchange abbreviation code
A-share Shanghai Stock Exchange Industrial Bank Co.Ltd(601166) Industrial Bank Co.Ltd(601166)
Xingyeyou 1360005
Preferred stock Shanghai Stock Exchange xingyeyou 2360012
Xingyeyou 3360032
Convertible corporate bonds Shanghai Stock Exchange industrial convertible bonds 113052
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Chen Xinjian, Li Dapeng
Office address: Taijiang District, Fuzhou City, Fujian Province
Industrial Bank Co.Ltd(601166) building, No. 398, middle Jiangbin Avenue Industrial Bank Co.Ltd(601166) building, No. 398, middle Jiangbin Avenue
Tel: 059187824863
E-mail [email protected]. [email protected].
2. Introduction to the company’s main business
Founded in August 1988, the company is one of the first batch of joint-stock commercial banks approved by the State Council and the people’s Bank of China. It was listed on the Shanghai Stock Exchange on February 5, 2007. At present, it has developed into a modern comprehensive financial service group with banks as the main body, covering leasing, trust, fund, consumer finance, financial management, futures, research and consulting, digital finance, asset management, etc., and has established domestic and overseas Wuxi Online Offline Communication Information Technology Co.Ltd(300959) combined service network ranks among the top 20 global banks and the top 500 world enterprises.
The company is mainly engaged in commercial banking business, and its business scope includes: absorbing public deposits; Issuing short-term, medium-term and long-term loans; Handle settlement outside China; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent for issuing, cashing and underwriting government bonds; Buying and selling government bonds and financial bonds; Acting as an agent to issue securities other than stocks; Buying and selling securities other than stocks; Asset custody business; Engage in interbank lending; Buying and selling foreign exchange; Settlement and sale of foreign exchange; Engage in bank card business; Provide letter of credit service and guarantee; Acting for collection and payment of funds and insurance business; Provide safe deposit box service; Financial consultant, credit investigation, consultation and witness business; Other businesses approved by Bank Of China Limited(601988) industry supervision and administration authority. 3 main accounting data and financial indicators of the company 3.1 main accounting data and financial indicators in recent three years
Unit: RMB million
Increase or decrease of the project from 2021 to 2020 compared with the previous year (%) in 2019
Operating income 2212362031378.91181308
Total profit 9531076637 24.3774503
8268066626 24.1065868 net profit attributable to shareholders of the parent company
Except for net 8220666218 24.1465458 profit of recurring profit and loss
Basic earnings per share (yuan) 3.77 3.08 22.40 3.10
Diluted earnings per share (yuan) 3.77 3.08 22.40 3.10
Basic earnings per share of 3.75 3.06 22.55 3.08 after deducting non recurring profits and losses (yuan)
Return on total assets (%) 1.02 0.90, up 0.12 percentage points 0.96
Weighted average return on net assets 13.94 12.62, up 1.32 percentage points 14.02%
After deducting non recurring profit and loss
The weighted average net assets closed at 13.86 12.54, an increase of 1.32 percentage points and 13.93 profit rate (%)
Cost income ratio (%) 25.68 24.16 increased by 1.52 percentage points and 26.03
The cash (389771) (34228) from operating activities was a negative (588009) net flow in the same period of last year
(18.76) (1.65) net cash flow from operating activities per share was negative (28.31) in the same period of last year (yuan)
The end of the project from 2021 to 2020 is lower than that of 2019 at the end of the previous year
December 31 increase / decrease of December 31 (%) December 31
Total assets 860302478940008.987145681
Shareholders’ equity attributable to the parent company 68411161558611.13541360
The owner’s equity attributable to the common shares of the parent company 59830952978412.93485518 belongs to the common shares of the parent company
Net assets per share of shareholders 28.80 25.50 12.93 23.37 (yuan)
The non-performing loan ratio (%) was 1.10 and 1.25, down 0.15 percentage points and 1.54 percentage points
Provision coverage (%) 268.73 218.83 increased by 49.90 percentage points 199.13
Loan allocation ratio (%) 2.96 2.74 increased by 0.22 percentage points and 3.07
Note: 1 The basic earnings per share and weighted average return on net assets are calculated according to the rules for the preparation of information disclosure of companies offering securities to the public No. 9 – Calculation and disclosure of return on net assets and earnings per share (revised in 2010).
2. As of the end of the reporting period, the company has issued preference shares (xingyeyou 1, xingyeyou 2 and xingyeyou 3) with a total par value of 56 billion yuan, and the dividend of preference shares in 2021 will be paid after being approved by the general meeting of shareholders. 3.2 main accounting data by quarter in the reporting period
Unit: RMB million
Project first quarter second quarter third quarter fourth quarter
(January March) (April June) (July September) (October December)
Operating income 5566353292 5509257189
Net profit attributable to shareholders of listed companies 2385316259 2392618642
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses 2382316289 2392618168
Net cash flow from operating activities (297317) 78977131570 (303001)
3.3 capital adequacy ratio
Unit: RMB million
December 31, 2021 December 31, 2020 December 31, 2019 main indicators
Group bank group bank group bank
Net capital 878172820158762803710825684547639539
Including: Core
