2021-10-29 16:00Financial Performance - Operating income for Q3 2021 was RMB 244,300 million, an increase of 12.46% year-on-year[3] - Net profit attributable to shareholders for Q3 2021 was RMB 88,348 million, up 10.59% compared to the same period last year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was RMB 87,751 million, reflecting a 10.37% increase year-on-year[3] - Basic earnings per share for Q3 2021 was RMB 0.23, an increase of 4.55% year-on-year[3] - Diluted earnings per share for Q3 2021 was also RMB 0.23, reflecting a 4.55% increase compared to the same period last year[3] - Net profit for the first three quarters of 2021 reached CNY 253.33 billion, representing a year-on-year growth of 10.06%[16] - Total operating income amounted to CNY 712.09 billion, an increase of 6.97% year-on-year[17] - Net interest income was CNY 511.15 billion, growing by 5.87%[17] - Net profit attributable to shareholders for the first nine months of 2021 was RMB 251,821 million, up from RMB 230,173 million in 2020, marking an increase of 9.4%[28] - Basic earnings per share for the first nine months of 2021 were RMB 0.69, compared to RMB 0.64 in the same period of 2020, indicating a growth of 7.8%[29] Assets and Liabilities - Total assets as of September 30, 2021, reached RMB 35,398,066 million, representing a 6.16% increase from the end of 2020[4] - Total assets at the end of the reporting period were CNY 35,398.07 billion, up by CNY 2,053.01 billion or 6.16% from the previous year[17] - Customer loans and advances totaled CNY 20,425.48 billion, an increase of CNY 1,801.17 billion or 9.67%[17] - Total liabilities increased by CNY 1,799.24 billion, growing by 5.91% to CNY 32,234.78 billion[17] - Customer deposits rose to CNY 26,841.58 billion, an increase of CNY 1,706.85 billion or 6.79%[17] - The bank's total liabilities were RMB 32,234,781 million as of September 30, 2021, compared to RMB 30,435,543 million at the end of 2020, reflecting a growth of approximately 5.91%[25] - The total liabilities as of September 30, 2021, were RMB 30.58 trillion, compared to RMB 28.84 trillion at the end of 2020, reflecting an increase of approximately 6.05%[38] Equity and Capital - Shareholders' equity attributable to the parent company was RMB 3,146,096 million, an increase of 8.73% compared to the end of 2020[4] - The bank's equity attributable to shareholders reached RMB 3,146,096 million as of September 30, 2021, compared to RMB 2,893,502 million at the end of 2020, showing an increase of approximately 8.75%[25] - The total equity attributable to shareholders was RMB 3.02 trillion as of September 30, 2021, up from RMB 2.78 trillion at the end of 2020, representing an increase of approximately 8.66%[38] - The core Tier 1 capital adequacy ratio stood at 13.14%, meeting regulatory requirements[17] - The core Tier 1 capital adequacy ratio as of September 30, 2021, was 13.14%, slightly down from 13.18% at the end of 2020[49] - The leverage ratio as of September 30, 2021, was 8.31%, an increase from 8.14% at the end of 2020[50] Cash Flow - The net cash flow from operating activities for the first nine months of 2021 was RMB 966,450 million, a decrease of 52.17% year-on-year[6] - Cash flow from operating activities for the first nine months of 2021 was RMB 721,998 million, a decrease from RMB 1,729,426 million in the same period of 2020[42] - Cash flow from investing activities showed a net outflow of RMB 430.17 billion in 2021, compared to a net outflow of RMB 1,006.32 billion in 2020, reflecting an improvement of approximately 57.3%[32] - The net cash flow from investment activities for the nine months ended September 30, 2021, was RMB (409,844) million, an improvement from RMB (985,574) million in the same period of 2020[43] - The net cash flow from financing activities for the first nine months of 2021 was RMB (28,680) million, slightly improved from RMB (29,469) million in the same period of 2020[45] Non-Performing Loans - The non-performing loan balance was CNY 311.32 billion, with a non-performing loan ratio of 1.52%, down by 0.06 percentage points[17] - The bank's non-performing loan ratio remained stable at 1.5% as of September 30, 2021, consistent with the previous year[27] Dividends - The bank declared a cash dividend of RMB 2.660 per 10 shares, totaling approximately RMB 948.04 billion for the fiscal year 2020[21] - The bank plans to distribute a dividend of 4,000 million euros for the overseas euro preferred shares with a dividend rate of 6% on December 10, 2021[21] - The bank's board approved the distribution of dividends for the "ICBC Preferred 2" shares with a coupon rate of 4.2%, totaling RMB 29.40 billion[21] Investments and Future Plans - The bank's financial investments measured at fair value through profit or loss amounted to RMB 634,839 million, a decrease from RMB 784,483 million in the previous year, representing a decline of about 19.06%[23] - The bank plans to expand its digital banking services and enhance its technology infrastructure to improve customer experience and operational efficiency in the coming year[27]