(Expressed in millions of RMB unless otherwise stated)

2021

2020

Change

For the year

Change(%)

Operating income

764,706

714,224

7.07

Profit before tax

378,412

336,616

12.42

Net profit

303,928

273,579

11.09

Net profit attributable to equity shareholders of the Bank

302,513

271,050

11.61

As at 31 December

Change(%)

Total assets

30,253,979

28,132,254

7.54

Total liabilities

27,639,857

25,742,901

7.37

Total equity attributable to equity shareholders of the Bank

2,588,231

2,364,808

9.45

Share capital

250,011

250,011

-

Per share(in RMB)

Change(%)

Basic and diluted earnings per share

1.19

1.06

12.26

Final cash dividend proposed after the reporting period

0.364

0.326

11.66

Net assets per share attributable to ordinary shareholders of the Bank

9.95

9.06

9.82

Financial ratios (%)

Change+/(-)

Profitability indicators

Return on average assets¹

1.04

1.02

0.02

Return on average equity

12.55

12.12

0.43

Net interest spread

1.94

2.04

(0.10)

Net interest margin

2.13

2.19

(0.06)

Net fee and commission income to operating income

15.89

16.04

(0.15)

Cost-to-income ratio²

27.64

25.38

2.26

Capital adequacy indicators

Common Equity Tier 1 ratio³

13.59

13.62

(0.03)

Total capital ratio³

17.85

17.06

0.79

Total equity to total assets

8.64

8.49

0.15

Asset quality indicators

Non-performing loan(NPL) ratio

1.42

1.56

(0.14)

Allowances to NPLs

239.96

213.59

26.37

Allowances to total loans

3.40

3.33

0.07