兴业银行(601166) - 2022 Q3 - 季度财报

Financial Performance - In Q3 2022, the company's operating income was RMB 55,001 million, a decrease of 0.17% compared to the same period last year[3] - The net profit attributable to shareholders of the parent company reached RMB 26,921 million, an increase of 12.52% year-on-year[3] - The basic earnings per share for Q3 2022 was RMB 1.29, reflecting an increase of 11.21% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 71.808 billion, reflecting a year-on-year growth of 12.13%[15] - The total operating income for the group reached RMB 170,854 million for the nine months ended September 30, 2022, an increase of 4.9% compared to RMB 164,047 million in the same period of 2021[26] - The bank's total profit amounted to RMB 83,666 million, up from RMB 73,752 million, reflecting a growth of 13.0% year-on-year[26] - The total comprehensive income for the group was RMB 70,403 million, compared to RMB 68,409 million in the same period of 2021, showing a growth of 2.9%[27] Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 9,089,088 million, representing a growth of 5.65% from the end of the previous year[4] - Total assets reached RMB 90,890.88 billion, a growth of 5.65% compared to the end of the previous year, while equity attributable to shareholders increased by 6.68% to RMB 7,298.07 billion[13] - The total liabilities amounted to RMB 8,348,795 million, reflecting a growth of 5.56% from RMB 7,908,726 million in the previous year[23] - The group's equity attributable to shareholders rose to RMB 729,807 million, a 6.67% increase from RMB 684,111 million in the previous year[24] Loans and Deposits - The company reported a total deposit amount of RMB 4,689,873 million, an increase from RMB 4,311,041 million year-on-year[7] - Customer loan balance increased by RMB 405.748 billion to RMB 48,339.31 billion, representing a growth of 9.16% and accounting for 53.18% of total assets[14] - The total loans and advances issued by the group reached RMB 4,715,010 million, representing an increase of 9.39% from RMB 4,310,306 million in 2021[22] - The group's customer deposits grew to RMB 4,737,124 million, a rise of 8.75% compared to RMB 4,355,748 million in the previous year[23] Risk Management - The non-performing loan ratio remained stable at 1.10% as of September 30, 2022[4] - The company's non-performing loan balance was RMB 52.963 billion, an increase of RMB 4.249 billion from the end of the previous year, maintaining a non-performing loan ratio of 1.10%[11] - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies[24] - The company has established a risk management mechanism for the real estate sector, successfully resolving risks amounting to RMB 4.55 billion this year[11][12] Income and Expenses - Net interest income for the period was RMB 107.805 billion, a 0.99% increase year-on-year, while net interest margin decreased by 18 basis points[16] - Non-interest income reached RMB 63.049 billion, up 10.04% year-on-year, with a significant increase in other non-interest income by 29.23%[16] - The cost-to-income ratio rose to 26.31%, an increase of 3.97 percentage points year-on-year, due to increased spending on financial technology and brand development[16] - The net fee and commission income was RMB 32,746 million, slightly down from RMB 33,846 million year-on-year[26] - The bank's operating expenses decreased to RMB 87,220 million from RMB 90,355 million, indicating improved cost management[26] Cash Flow - The company's net cash flow from operating activities was not applicable for Q3 2022, but for the year-to-date period, it was negative RMB 329,617 million[4] - The net cash flow from operating activities for the group was a negative RMB 329,617 million, compared to a negative RMB 86,770 million in the same period of 2021, indicating a significant decline in operational cash flow[30] - The total cash outflow from operating activities was RMB 1,009,359 million, compared to RMB 827,613 million in the same period of 2021, reflecting an increase of approximately 21.9%[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 328,310, with the top ten shareholders holding a combined 3,927,962,439 shares, representing 18.91% of the total share capital[18] - Fujian Provincial Financial Investment Co., Ltd. is the largest shareholder, holding 3,511,918,625 shares, which accounts for 16.91% of the total[18] - China Tobacco Corporation holds 1,110,226,200 shares, representing 5.34% of the total[19] - The top ten preferred shareholders hold a total of 88,734,000 shares, with China Ping An Life Insurance Co., Ltd. being the largest preferred shareholder at 15.85%[20] Strategic Decisions - The company has made strategic decisions regarding liquidity management and risk management, as discussed in the supervisory committee meetings[18] - The company is focusing on supporting manufacturing and green finance, with manufacturing loans increasing by RMB 115.998 billion year-on-year[14] - The group plans to continue expanding its market presence and investing in new technologies to enhance service offerings and operational efficiency[24]