Securities code: 002948 securities abbreviation: Bank Of Qingdao Co.Ltd(002948) Announcement No.: 2022-009
Bank Of Qingdao Co.Ltd(002948) 2021 annual performance express
The bank and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.
Special note: the financial data of 2021 contained in this announcement is only the group standard data of Bank Of Qingdao Co.Ltd(002948) preliminary accounting, which has been audited by the bank’s internal audit department and has not been audited by an accounting firm. It may be different from the final data disclosed in the annual report. Investors are reminded to pay attention to investment risks.
1、 Main financial data and indicators in 2021
Unless otherwise specified, the monetary unit is RMB thousand
Increase and decrease of the project from 2021 to 2020 (Unaudited) (audited) (%)
Operating income 11136017 10540661 5.65
Operating profit 3223054 2720237 18.48
Total profit 3225410 2728296 18.22
Net profit attributable to shareholders of the parent company 2922664 2394072 22.08
Attributable to parent company after deducting non recurring profit and loss
Net profit of shareholders 2903564 2383502 21.82
Basic earnings per share (yuan / share) 0.54 0.42 28.57
The weighted average return on net assets (%) was 10.40 8.56, an increase of 1.84 percentage points
Increase or decrease of the project from December 31, 2021 to December 31, 2020 (Unaudited) (audited) (%)
Total assets 522249610 459827605 13.58
Shareholders’ equity attributable to the parent company 32635495 30285174 7.76
Share capital 4509690-
Each share attributable to common shareholders of the parent company
Net assets per share (yuan / share) 5.50 4.97 10.66
Non performing loan ratio (%) 1.34 1.51 decreased by 0.17 percentage points
Provision coverage (%) 197.42 169.62 increased by 27.80 percentage points
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). The basic earnings per share was 0.54 yuan, a year-on-year increase of 0.12 yuan; The weighted average return on net assets was 10.40%, a year-on-year increase of 1.84 percentage points, mainly due to the increase in net profit attributable to common shareholders of the parent company. The bank issued overseas preferred shares in 2017. When calculating the current earnings per share and weighted average return on net assets, “net profit attributable to common shareholders of the parent company” deducted the dividend of preferred shares issued in the current period, and “weighted average net assets” deducted the impact of preferred shares.
(2) Net assets per share attributable to common shareholders of the parent company = (equity attributable to shareholders of the parent company – other equity instruments) / number of common shares at the end of the period.
(3) In this announcement, the company refers to Bank Of Qingdao Co.Ltd(002948) and its subsidiaries and branches, and the bank refers to Bank Of Qingdao Co.Ltd(002948) Co., Ltd. and its branches.
2、 Description of operating performance and financial status
In 2021, the company adhered to the basic business guiding ideology of “strengthening the foundation, consolidating the foundation, serving the entity, preventing chemical risks and comprehensively improving”, implemented the national policy guidance and industrial regulatory requirements, overcome the impact of the epidemic, made efforts to expand business, adjust structure, strengthen asset quality control and continuously improve business quality and efficiency while increasing support for the real economy.
Assets and liabilities grew steadily, and structural adjustment continued to advance. By the end of 2021, the total assets of the company were 522.25 billion yuan, an increase of 62.422 billion yuan or 13.58% over the end of the previous year, of which the total customer loans (excluding accrued interest) were 244.205 billion yuan, an increase of 37.458 billion yuan or 18.12% over the end of the previous year, accounting for 46.76% of the total assets, an increase of 1.80 percentage points over the end of the previous year; The total liabilities amounted to 488.922 billion yuan, an increase of 60.001 billion yuan or 13.99% over the end of the previous year, of which the total customer deposits (excluding accrued interest) amounted to 313.525 billion yuan, an increase of 41.293 billion yuan or 15.17% over the end of the previous year, accounting for 64.13% of the total liabilities, an increase of 0.66 percentage points over the end of the previous year.
The operation quality and efficiency continued to improve, and the operating revenue increased steadily. In 2021, the company’s net profit attributable to shareholders of the parent company was 2.923 billion yuan, an increase of 529 million yuan or 22.08% over the previous year; The operating revenue was 11.136 billion yuan, an increase of 595 million yuan or 5.65% over the previous year.
The asset quality has steadily improved, the non-performing loan ratio has continued to decline, and the provision coverage has continued to improve. By the end of 2021, the non-performing loan ratio of the company was 1.34%, a decrease of 0.17 percentage points over the end of the previous year; The provision coverage rate was 197.42%, an increase of 27.80 percentage points over the end of the previous year.
3、 Documents for future reference
1. Comparative balance sheet and income statement signed and sealed by Mr. Guo Shaoquan, the current legal representative and chairman of the bank, Mr. Wang Lin, the president and Mr. Meng Dageng, the chief financial officer;
2. Internal audit report signed by the head of the internal audit department.
Bank Of Qingdao Co.Ltd(002948) board of directors January 12, 2022
