2019-10-25 16:00Financial Performance - Net profit for Q3 2019 was RMB 83.99 billion, up 5.71% from Q3 2018[7] - Operating income for the first nine months of 2019 was RMB 646.94 billion, representing a 12.11% increase year-on-year[7] - Basic earnings per share for the first nine months of 2019 were RMB 0.71, a 5.97% increase compared to the same period last year[7] - The company achieved a net profit of RMB 252.688 billion, representing a year-on-year growth of 5.23%[23] - Net profit for the first nine months of 2019 reached RMB 252,688 million, an increase from RMB 240,120 million in the same period of 2018, representing a growth of 5.5%[40] - Net profit attributable to shareholders for Q3 2019 was RMB 83,781 million, up from RMB 79,185 million in Q3 2018, marking a growth of 7.0%[37] - Net profit for Q3 2019 was RMB 78,046 million, up from RMB 74,447 million in Q3 2018, indicating a growth of 3.6%[44] - Net profit for the nine months ended September 30, 2019, was RMB 237,514 million, an increase from RMB 227,577 million in the same period of 2018, representing a growth of 0.41%[47] Assets and Liabilities - Total assets reached RMB 30,426.38 billion as of September 30, 2019, an increase of 9.84% compared to the end of 2018[6] - The company's total liabilities increased by 9.47% to RMB 27,755.753 billion, while customer deposits rose by 9.15% to RMB 23,368.159 billion[24] - Total liabilities were RMB 27,755.75 billion, compared to RMB 25,354.66 billion at the end of 2018[35] - The bank's total equity as of September 30, 2019, was RMB 2,542,845 million, compared to RMB 2,239,606 million at the end of 2018, indicating an increase of 13.5%[42] - The total cash and cash equivalents at the end of September 2019 amounted to RMB 2,065,958 million, up from RMB 1,759,910 million at the end of September 2018[46] Customer Loans and Deposits - Customer loans and advances totaled RMB 16,660.49 billion, reflecting an 8.05% increase year-on-year[6] - Total customer deposits amounted to RMB 23,368.16 billion, an increase of 9.15% from the end of 2018[6] - Customer loans and advances amounted to RMB 16,234.54 billion, up from RMB 15,046.13 billion year-over-year[34] - The bank's customer loans and advances reached RMB 15,379,615 million as of September 30, 2019, an increase from RMB 14,211,777 million at the end of 2018, reflecting a growth of 8.2%[41] Income and Expenses - Total operating income reached RMB 646.942 billion, an increase of 12.11% year-on-year, with net interest income growing by 6.97% to RMB 453.146 billion[23] - The total operating expenses for the first nine months of 2019 were RMB 334,844 million, compared to RMB 282,700 million in the same period of 2018, indicating an increase of 18.5%[36] - The bank's net fee and commission income for Q3 2019 was RMB 36,134 million, up from RMB 34,479 million in Q3 2018, reflecting a growth of 4.8%[36] - Non-interest income surged by 26.31% to RMB 193.796 billion, with net fee and commission income rising by 9.58% to RMB 124.635 billion[23] Shareholder Information - The bank's equity attributable to shareholders reached RMB 2,654.90 billion, a 13.94% increase from the end of 2018[6] - The number of ordinary shareholders was 565,553 as of September 30, 2019[10] - The major shareholders include Central Huijin Investment Ltd. and the Ministry of Finance of the People's Republic of China, holding 34.71% and 34.60% of A shares respectively[10] - The Ministry of Finance of the People's Republic of China holds 118,006,174,032 A shares, accounting for 43.77% of A shares and 33.11% of total ordinary shares[13] Capital Adequacy and Ratios - The core Tier 1 capital adequacy ratio stood at 12.93%, meeting regulatory requirements[24] - The leverage ratio as of September 30, 2019, increased to 8.14% from 7.79% at the end of December 2018, indicating improved capital management[49] - The liquidity coverage ratio was reported at 121.18% for the nine months ended September 30, 2019, reflecting a strong liquidity position[51] Future Plans and Developments - The bank plans to expand its digital banking services and enhance customer experience in the upcoming quarters, focusing on technology-driven solutions[44]