linshang bank's revenue and capital adequacy ratio decreased in the first half of the year, while net profit and non-performing loan ratio increased
2024-09-05
한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
recently, linshang bank released its 2024 semi-annual report, disclosing that its operating income in the first half of the year was 1.853 billion yuan, a year-on-year decrease of 1.4%. it is the only city commercial bank, except zaozhuang bank and dezhou bank, that has seen a decrease in income among the other 12 banks that have disclosed their financial conditions in the first half of the year.
although the revenue has declined, linshang bank's profit has increased significantly. the total profit in the first half of the year was 342 million yuan, an increase of 62 million yuan over last year. the net profit was 268 million yuan, an increase of 23.02% year-on-year. the return on net assets was 2.89%, an increase of 0.41 percentage points over the first half of last year. the net assets per share were 2.67 yuan, an increase of 0.1 yuan over the same period last year.
as of the end of june 2024, the total assets of linshang bank were 167.996 billion yuan, an increase of 10.344 billion yuan from the beginning of the year, a growth of 6.56%; the balance of various loans was 117.021 billion yuan, an increase of 6.834 billion yuan from the beginning of the year, a growth of 6.2%; the balance of various liabilities was 156.625 billion yuan, an increase of 10.197 billion yuan from the beginning of the year, a growth of 6.96%; the balance of various deposits was 133.31 billion yuan, an increase of 10.081 billion yuan from the beginning of the year, a growth of 8.18%.
in terms of other financial indicators, linshang bank's non-performing asset ratio was 1.51% in the first half of 2024, its capital adequacy ratio was 12.04%, and its core tier 1 capital adequacy ratio was 8.51%. the three indicators in the first half of 2023 were 1.31%, 12.68% and 8.74% respectively. year-on-year, the non-performing asset ratio increased by 0.2 percentage points, the capital adequacy ratio decreased by 0.64 percentage points, and the core and capital adequacy ratios decreased by 0.23 percentage points.
linshang bank was established in february 1998 and currently has 94 branches, including three out-of-town branches (ningbo, rizhao and weifang). this year, there have been some changes in the main leaders of linshang bank. in april, the qualifications of liu chengtian, the new chairman of linshang bank, were approved. in early august, liu gang attended a public meeting as the new president of linshang bank, making his first public appearance.
a large number of linshang bank's shares are pledged. among them, the fourth largest shareholder, linyi financial investment group, had 100 million shares of linshang bank pledged as of the end of last year, accounting for 23.67% of the company's shares in linshang bank. the fifth largest shareholder, xiangyu industrial group co., ltd., also had a pledge ratio of 99.99%.
haidai financial comprehensive
