Financial Highlights

Operating results (RMB’000)
  January to June 2016 2015 2014 2013
Operating income 15,964,375 25,130,385 17,396,834 13,495,504
Profit before income tax
6,245,984 9,380,412 6,792,233 6,521,438
Net profit attributable to shareholders of the Company 4,734,822 7,050,690 5,095,503 4,901,249
Scale indicators (RMB’000)
  June 30,2016 December 31,2015 December 31,2014 December 31,2013
Total assets 1,181,634,463 1,031,650,386 669,957,446 488,116,994
Total loans and advances to customers 410,622,493 345,422,861 259,022,644 217,137,318
Total liabilities 1,118,507,879 981,993,322 636,807,274 460,308,497
Customer deposits 644,554,993 516,026,296 363,279,888 319,794,777
Shareholders’ equity 63,126,584 49,657,064 33,150,172 27,808,497
Per share (RMB)
  January to June 2016 2015 2014 2013
Basic earnings per share 0.29 0.54 0.44 0.45
Diluted earnings per share 0.29 0.54 0.44 0.45
Net assets per share at the end of the period 3.51 3.42 2.88 2.42
Profitability indicators (%)
  January to June 2016 2015 2014 2013
Return on average total assets 0.86* 0.83 0.88 1.11
Return on average equity 16.88* 17.03 16.72 19.40
Net interest margin 2.10* 2.31 2.62 2.63
Net interest spread 1.91* 2.12 2.38 2.41
Proportion of net non-interest income 25.07 18.08 16.45 17.64
Cost-to-income ratio(1) 25.29 27.66 28.32 32.08
Asset quality indicators (%)
  June 30,2016 December 31,2015 December 31,2014 December 31,2013
Non-performing loan ratio(2) 1.33 1.23 0.88 0.64
Allowance to non-performing loans(3) 229.27 240.83 292.96 329.28
Allowance to total loans(4) 3.06 2.95 2.59 2.10
Capital adequacy indicators (%)
  June 30,2016 December 31,2015 December 31,2014 December 31,2013
Core tier-one capital adequacy ratio 10.16 9.35 8.62 9.17
Tier-one capital adequacy ratio 10.16 9.35 8.62 9.17
Capital adequacy ratio 11.72 11.04 10.60 11.53

Notes: * represents an annualized ratio.
(1) Operating expenses (excluding business tax and surcharges) divided by operating income.
(2) Balance of non-performing loans divided by total loans and advances to customers.
(3) Balance of allowance for impairment losses on loans divided by balance of non-performing loans.
(4) Balance of allowance for impairment losses on loans divided by total loans and advances to customers.