浙商银行(02016) - 2023 Q3 - 季度业绩

Financial Performance - Operating income for the first nine months of 2023 was RMB 49,719 million, representing a growth of 4.05% year-on-year [5]. - Net profit attributable to shareholders for the first nine months of 2023 was RMB 12,753 million, up 10.54% from the same period in 2022 [5]. - The net interest income for the first nine months of 2023 was RMB 35.949 billion, a slight increase of RMB 0.512 billion or 1.44% compared to the same period in 2022 [21]. - The non-interest net income reached RMB 13.770 billion, an increase of RMB 1.423 billion or 11.53% year-on-year, accounting for 27.70% of total operating income [16]. - Total comprehensive income for Q3 2023 reached RMB 12,931 million, an increase of 12.1% compared to RMB 11,535 million in Q3 2022 [23]. - Basic and diluted earnings per share for Q3 2023 were RMB 0.53, up from RMB 0.48 in Q3 2022, reflecting a growth of 10.4% [23]. Assets and Liabilities - Total assets as of September 30, 2023, reached RMB 2,956,881 million, an increase of 12.77% compared to the end of 2022 [4]. - The bank's total liabilities as of September 30, 2023, amounted to RMB 2,770,121 million, reflecting a 12.79% increase from the end of 2022 [4]. - The total amount of loans and advances issued was RMB 1,697.621 billion, up RMB 172.591 billion or 11.32% year-on-year [16]. - The bank's loans and advances increased to RMB 1,655,002 million as of September 30, 2023, compared to RMB 1,486,291 million at the end of 2022, reflecting a growth of 11.4% [24]. - The bank's financial investments measured at fair value and recognized in other comprehensive income increased to RMB 240,941 million as of September 30, 2023, from RMB 194,037 million at the end of 2022, a growth of 24.2% [24]. - The total liabilities increased to RMB 2,770,121 million as of September 30, 2023, compared to RMB 2,456,000 million at the end of 2022, marking a growth of 12.8% [25]. Capital and Ratios - The core tier 1 capital adequacy ratio stood at 8.25% as of September 30, 2023, compared to 8.05% at the end of 2022 [7]. - The capital adequacy ratio improved to 11.83%, up 0.23 percentage points from the end of the previous year [16]. - The bank's capital reserve rose to RMB 38,570 million as of September 30, 2023, up from RMB 32,289 million at the end of 2022, indicating a growth of 19.5% [25]. Cash Flow - The net cash flow from operating activities for the first nine months of 2023 was (RMB 15,063 million), a significant decrease of 112.24% compared to the previous year [5]. - The net cash used in operating activities for the nine months ended September 30, 2023, was RMB (15,063) million, a significant decrease from RMB 123,088 million in the same period of 2022 [29]. - Cash flow from investing activities net amount was (47,497) in 2023, an improvement from (72,127) in 2022 [30]. - Cash flow from financing activities net amount improved to 37,091 in 2023 from (64,203) in 2022 [30]. Shareholder Information - The number of shareholders as of the reporting date was 264,571 [12]. - The net increase in deposits for the nine months ended September 30, 2023, was RMB 107,586 million, compared to RMB 301,143 million in the same period of 2022 [29]. - The bank's non-controlling interests increased to RMB 3,245 million as of September 30, 2023, compared to RMB 2,997 million at the end of 2022, reflecting an increase of 8.3% [25].