BANK OF XI'AN(600928)2020-10-29 16:00Financial Performance - Net profit attributable to ordinary shareholders was CNY 1.99 billion for the first nine months of 2020, a decrease of 1.00% year-on-year[8] - Basic earnings per share decreased to CNY 0.45, down 2.17% from the same period last year[9] - The net profit for the nine months ended September 30, 2020, was RMB 1,990,601 thousand, a slight decrease from RMB 2,011,387 thousand for the same period in 2019, reflecting a decline of about 1.0%[38] - The group reported a total operating income of RMB 5,148,890 thousand for the nine months ended September 30, 2020, compared to RMB 5,119,448 thousand for the same period in 2019, showing a marginal increase of about 0.6%[38] - The group’s total comprehensive income for the nine months ended September 30, 2020, was RMB 1,935,489 thousand, down from RMB 2,104,356 thousand for the same period in 2019, indicating a decline of approximately 8.0%[41] Asset and Liability Management - Total assets reached CNY 303.35 billion as of September 30, 2020, an increase of 9.01% compared to the end of 2019[8] - Total liabilities rose to CNY 278,574,112 thousand, compared to CNY 254,615,146 thousand at the end of 2019, marking an increase of 9.4%[20] - The total assets of the group as of September 30, 2020, were RMB 303,354,220 thousand, up from RMB 278,282,722 thousand as of December 31, 2019, marking an increase of around 9.0%[35] - As of September 30, 2020, the total liabilities of the group amounted to RMB 278,574,112 thousand, an increase from RMB 254,615,146 thousand as of December 31, 2019, representing a growth of approximately 9.4%[32] Deposits and Loans - The total deposits increased to CNY 202.33 billion, reflecting a growth of 19.20% year-to-date[14] - Total deposits reached CNY 202,326,603 thousand, up from CNY 169,735,771 thousand, reflecting a growth of 19.2%[20] - The bank's total loans and advances amounted to CNY 169,170,376 thousand, an increase from CNY 153,031,836 thousand, representing a growth of 10.5%[22] - The net increase in deposits from customers was RMB 32,590,832 thousand, significantly higher than RMB 7,185,305 thousand in the same period of 2019[44] Risk Management - The non-performing loan ratio remained stable at 1.18%, unchanged from the end of the previous year[14] - The non-performing loan ratio remained stable at 1.18% as of September 30, 2020, unchanged from the previous period[22] - The provision coverage ratio improved to 271.42%, an increase of 9.01 percentage points compared to the end of 2019[14] - The provision coverage ratio improved to 271.42% from 262.41% in the previous year, indicating better risk management[22] - The group’s credit impairment losses for the nine months ended September 30, 2020, were RMB 1,576,047 thousand, compared to RMB 1,394,902 thousand for the same period in 2019, reflecting an increase of about 13.0%[38] Cash Flow - The company reported a net cash flow from operating activities of CNY 27.84 billion, a significant improvement from a negative cash flow of CNY 1.50 billion in the same period last year[8] - The net cash flow from operating activities for the group from January 1 to September 30, 2020, was RMB 27,839,477 thousand, compared to a net cash outflow of RMB 1,502,189 thousand in the same period of 2019[47] - The total cash inflow from investment activities was RMB 17,497,313 thousand, down from RMB 28,736,344 thousand in the same period of 2019, resulting in a net cash outflow of RMB 7,000,922 thousand for investment activities[50] - The cash inflow from financing activities was RMB 38,033,888 thousand, while the cash outflow was RMB 57,244,761 thousand, leading to a net cash outflow of RMB 19,210,873 thousand[52] Shareholder Information - The total number of shareholders reached 80,888 by the end of the reporting period[10] - The bank's equity attributable to shareholders increased to CNY 24,780,108 thousand from CNY 23,667,576 thousand, reflecting a growth of 4.7%[20] - The group’s total equity as of September 30, 2020, was RMB 24,780,108 thousand, an increase from RMB 23,667,576 thousand as of December 31, 2019, representing a growth of approximately 4.7%[35]