邮储银行(01658) - 2024 Q3 - 季度业绩

Financial Performance - Net profit for the third quarter of 2024 was RMB 27,098 million, representing a 3.71% increase compared to the same period last year[5]. - The bank's net profit attributable to shareholders was RMB 75,818 million for the first nine months of 2024, showing a slight increase of 0.22% year-over-year[5]. - Basic and diluted earnings per share for the first nine months of 2024 were RMB 0.71, a decrease of 2.74% compared to the same period last year[5]. - The company achieved operating revenue of 260.57 billion yuan, a year-on-year increase of 0.07%, with net interest income growing by 1.46%[14]. - Net profit attributable to shareholders reached 75.82 billion yuan, reflecting a year-on-year growth of 0.22%[14]. - The bank's operating income for the first nine months of 2024 was RMB 260.567 billion, slightly higher than RMB 260.372 billion in the same period of 2023, showing a marginal increase of 0.1%[36]. - The bank's total comprehensive income for the first nine months of 2024 was RMB 77.452 billion, compared to RMB 75.572 billion in the same period of 2023, indicating an increase of 2.49%[37]. Assets and Liabilities - Total assets as of September 30, 2024, reached RMB 16,746,265 million, an increase of 6.48% compared to RMB 15,726,631 million at the end of 2023[4]. - Total liabilities increased to RMB 15,713,397 million, marking a 6.39% rise from RMB 14,770,015 million at the end of 2023[4]. - Shareholders' equity attributable to the bank's shareholders increased to RMB 1,030,960 million from RMB 954,873 million, representing a growth of about 7.9%[39]. - Total consolidated assets as of September 30, 2024, amounted to RMB 16,746,265 million[46]. Customer Loans and Deposits - Total customer loans amounted to RMB 8,779,373 million, reflecting a growth of 7.74% from RMB 8,148,893 million year-over-year[4]. - Customer deposits reached RMB 15,007,335 million, up 7.53% from RMB 13,955,963 million year-over-year[4]. - Retail loans increased by 5.69%, accounting for 40.31% of new loans, while corporate loans grew by 11.66%[14]. - Long-term loans to the manufacturing sector increased by 14.15% compared to the end of the previous year[15]. Cash Flow and Investments - The net cash flow from operating activities for the first nine months of 2024 was RMB 280,989 million, a significant improvement from a negative RMB 28,418 million in the same period last year[6]. - Cash flow from investment activities showed a net outflow of RMB 292,345 million, slightly higher than the RMB 287,877 million outflow in the previous year[41]. - Cash flow from financing activities resulted in a net outflow of RMB 68,224 million, contrasting with a net inflow of RMB 333,751 million in the same period last year[41]. Capital Adequacy and Risk Management - The core tier 1 capital adequacy ratio stood at 9.42% as of September 30, 2024, compared to 9.24% at the end of 2023[7]. - The capital adequacy ratio stood at 14.23% as of September 30, 2024, slightly up from 14.15% on June 30, 2024[42]. - The non-performing loan ratio remained at 0.86%, with a provision coverage ratio of 301.88% and a capital adequacy ratio of 14.23%[14]. - The bank's credit impairment losses for the first nine months of 2024 were RMB 18.934 billion, a decrease from RMB 21.149 billion in the same period of 2023, showing an improvement in asset quality[36]. Shareholder Information - The total number of ordinary shareholders as of the report date was 151,140, including 148,714 A-share shareholders and 2,426 H-share shareholders[8]. - China Postal Group holds 62,255,549,280 shares, representing 62.78% of total shares[9]. - Hong Kong Central Clearing (Agent) Limited holds 19,842,948,300 shares, accounting for 20.01% of total shares[9]. - The top ten shareholders do not participate in margin financing or securities lending, except for Hong Kong Central Clearing (Agent) Limited[11]. Strategic Focus and Development - The company emphasizes long-termism and sustainable development, focusing on high-quality development and differentiated competitive advantages[13]. - The company utilized "Look Ahead" technology to approve 11547 clients, a growth of 87.94%, with approved amounts reaching 1710.43 billion yuan, an increase of 257.99%[17].