2021-10-28 16:00Financial Performance - Operating income for the first nine months of 2021 was RMB 238.36 billion, representing a year-on-year increase of 10.22% compared to RMB 216.26 billion in the same period of 2020[6] - Net profit attributable to shareholders for the first nine months of 2021 was RMB 64.51 billion, a year-on-year increase of 22.07% from RMB 52.84 billion in 2020[6] - The bank achieved operating income of CNY 238.36 billion, a year-on-year increase of 10.22%[28] - Net profit reached CNY 64.83 billion, growing by 22.55% year-on-year[28] - Net profit for Q3 2021 was RMB 23,581 million, representing a 22.4% increase compared to RMB 19,222 million in Q3 2020[48] - The bank's total comprehensive income for Q3 2021 was RMB 28,522 million, compared to RMB 16,526 million in Q3 2020, reflecting a significant increase[48] - The bank's investment income for the first nine months of 2021 was RMB 10,980 million, an increase of 37.6% from RMB 7,975 million in the same period of 2020[46] Asset and Loan Growth - Total customer loans reached RMB 6.37 trillion as of September 30, 2021, reflecting an increase of 11.46% from RMB 5.72 trillion at the end of 2020[7] - Total assets amounted to RMB 12.22 trillion as of September 30, 2021, up 7.65% from RMB 11.35 trillion at the end of 2020[7] - Total assets reached CNY 12.22 trillion, an increase of 7.65% compared to the end of the previous year[19] - Customer loans totaled CNY 6.37 trillion, growing by 11.46% year-on-year[19] - The bank's total loans and advances amounted to CNY 6.37 trillion, an increase of 11.46% from the previous year[35] - Agricultural loans reached CNY 1.58 trillion, with new loans of CNY 166.13 billion added this year, exceeding last year's total[23] - The balance of green loans was CNY 346.74 billion, reflecting a growth of 23.42% year-on-year[25] Profitability Ratios - The bank's net interest margin showed improvement, with a year-to-date return on average equity of 13.68%, up 0.51 percentage points from the previous year[8] - The annualized return on total assets was 0.74%, an increase of 0.08 percentage points year-on-year[19] - The annualized weighted average return on equity was 13.68%, up 0.51 percentage points year-on-year[19] - Net interest income reached CNY 200.890 billion, growing by 6.49% compared to the previous year[19] - The bank's net interest income was CNY 200.89 billion, a year-on-year increase of 6.49%[29] Non-Performing Loans and Risk Management - The non-performing loan ratio improved to 0.82% as of September 30, 2021, down from 0.88% at the end of 2020[6] - Non-performing loan balance reached RMB 52.037 billion, an increase of RMB 1.670 billion compared to the end of last year; non-performing loan ratio at 0.82%, down 0.06 percentage points[38] - The overdue loan balance was RMB 56.404 billion, an increase of RMB 11.025 billion; overdue loan ratio at 0.89%, up 0.09 percentage points[38] - Provision coverage ratio increased to 422.70%, up by 14.64 percentage points year-on-year[22] - The provision coverage ratio improved to 422.70%, an increase of 14.64 percentage points from the end of last year[38] Capital Adequacy and Liquidity - The bank's capital adequacy ratio remained stable, with the core Tier 1 capital adequacy ratio at 10.00% as of September 30, 2021, unchanged from the previous year[6] - Core Tier 1 capital adequacy ratio stood at 10.00%, up 0.40 percentage points; Tier 1 capital adequacy ratio at 12.55%, up 0.69 percentage points; total capital adequacy ratio at 15.48%, up 1.60 percentage points[38] - The total capital adequacy ratio increased to 15.48% in September 2021, up from 13.88% in December 2020[57] - The liquidity coverage ratio was 232.23% as of September 30, 2021, slightly down from 234.61% at the end of 2020[59] - The bank's qualified liquid assets amounted to RMB 2,393,280 million as of September 30, 2021, compared to RMB 2,227,634 million at the end of 2020[59] Shareholder Information - The number of ordinary shareholders reached 217,808 as of the report date, including 215,178 A-share shareholders and 2,630 H-share shareholders[11] - Total equity attributable to shareholders reached RMB 777.706 billion, an increase from RMB 671.799 billion at the end of 2020[44] Cash Flow and Financing Activities - The net cash flow from operating activities for the first nine months of 2021 was negative at RMB (49.79) billion, a significant decrease compared to RMB 23.56 billion in the same period of 2020[10] - Net cash flow from operating activities for the first nine months of 2021 was a negative RMB 49,786 million, compared to a positive RMB 23,559 million in the same period of 2020[54] - The net cash flow from financing activities was RMB 89,686 million in 2021, up from RMB 57,684 million in 2020, indicating an increase of approximately 55.5%[56] - The issuance of perpetual bonds raised RMB 30,000 million in 2021, consistent with the amount raised in 2020[56]