长沙银行(601577) - 2023 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2023 reached CNY 6,127,549 thousand, an increase of 1.57% year-on-year[3] - Net profit attributable to shareholders was CNY 1,882,737 thousand, reflecting a year-on-year growth of 6.37%[3] - The net profit after deducting non-recurring gains and losses was CNY 1,886,315 thousand, up 7.95% compared to the same period last year[3] - For the first three quarters of 2023, the company achieved operating revenue of RMB 18.75 billion, representing a year-on-year growth of 8.44%[20] - The net profit attributable to shareholders of the listed company was RMB 5.85 billion, an increase of 9.21% year-on-year[20] - The net profit for the first three quarters of 2023 was RMB 6,120,734 thousand, compared to RMB 5,593,027 thousand in 2022, representing an increase of 9.4%[26] - Total operating revenue for Q3 2023 reached CNY 15,925,601, an increase of 4.6% compared to CNY 15,226,528 in Q3 2022[32] - Net profit for Q3 2023 was CNY 5,580,829, representing an increase of 8.8% from CNY 5,127,169 in the same period last year[32] Assets and Liabilities - Total assets as of September 30, 2023, amounted to CNY 1,017,603,093 thousand, representing a 12.48% increase from the end of the previous year[4] - The total assets as of September 30, 2023, amounted to RMB 1,017.60 billion, an increase of RMB 112.87 billion or 12.48% from the beginning of the year[19] - The total liabilities as of September 30, 2023, were RMB 950,638,591 thousand, compared to RMB 842,561,236 thousand at the end of 2022, marking an increase of 12.9%[25] - The total liabilities as of September 30, 2023, were ¥913,710,778 thousand, compared to ¥810,973,068 thousand at the end of 2022[31] Capital and Equity - The return on average equity (ROE) decreased to 3.15%, down 0.24 percentage points year-on-year[4] - The capital adequacy ratio stood at 12.76%, showing a slight increase from the previous period[10] - The bank's core tier 1 capital adequacy ratio was 9.33%, reflecting a solid capital position[6] - The company’s total equity attributable to shareholders as of September 30, 2023, was RMB 64,783,904 thousand, compared to RMB 60,243,137 thousand at the end of 2022, reflecting an increase of 7.6%[25] Cash Flow - Cash flow from operating activities for the year-to-date reached CNY 22,934,448 thousand, a significant improvement from the previous year's negative cash flow[13] - Net cash flow from operating activities for the first three quarters of 2023 was ¥9,716,027 thousand, a significant improvement from a net outflow of ¥22,248,435 thousand in the same period of 2022[28] - Cash flow from operating activities generated a net inflow of CNY 11,346,363, a significant recovery from a net outflow of CNY -21,012,401 in the previous year[34] Loan and Deposit Activity - The total deposits absorbed amounted to RMB 632.69 billion, reflecting an increase of RMB 54.04 billion or 9.34% year-to-date[19] - The total loans and advances issued reached RMB 488.07 billion, up RMB 62.04 billion or 14.56% compared to the start of the year[19] - The non-performing loan ratio remained stable at 1.16% as of September 30, 2023[11] - The non-performing loan ratio stood at 1.16%, with a provision coverage ratio of 311.26% and a loan-to-deposit ratio of 3.61%, all remaining stable compared to the beginning of the year[21] - The company’s net increase in customer deposits and interbank placements was CNY 64,189,600, compared to CNY 45,755,034 in the previous year[34] Investment Activities - Total cash inflow from investment activities was ¥77,360,600 thousand, compared to ¥64,066,301 thousand in the first three quarters of 2022[28] - Cash outflow from investment activities reached ¥101,199,064 thousand, up from ¥63,612,309 thousand in the previous year[29] - The total investment cash inflow was CNY 77,409,328, while cash outflow for investments was CNY 101,177,705, resulting in a net cash outflow of CNY -23,768,377[34] Shareholder Information - The top ten shareholders hold a total of 1,800,000,000 shares, with the largest shareholder, Changsha Finance Bureau, owning 676,413,701 shares, accounting for 16.82%[15] - The company has no preferred shareholders with restored voting rights as of the reporting period[17] Other Financial Metrics - The basic earnings per share for the first three quarters of 2023 was RMB 1.45, compared to RMB 1.33 in the same period of 2022, reflecting a growth of 9.0%[27] - The company’s total operating expenses for the first three quarters of 2023 were RMB 11,401,280 thousand, compared to RMB 10,462,724 thousand in 2022, representing an increase of 8.9%[26] - The company’s other comprehensive income after tax for the first three quarters of 2023 was RMB 103,751 thousand, down from RMB 252,999 thousand in 2022, indicating a decrease of 59.0%[26] - The company reported a net increase in cash and cash equivalents of ¥10,536,870 thousand, contrasting with a decrease of ¥6,805,110 thousand in the same period of 2022[29]