2020-10-30 16:00Financial Performance - The net profit attributable to shareholders for the first nine months of 2020 was RMB 29,605 million, a decrease of 5.71% year-on-year[6]. - The bank's operating income for the first nine months of 2020 was RMB 106,821 million, reflecting a year-on-year increase of 6.59%[6]. - The bank's basic earnings per share for the first nine months of 2020 was RMB 0.52, down 8.77% year-on-year[6]. - The net profit for the period was RMB 29.704 billion, a decrease of 5.60% compared to the same period last year[13]. - The total comprehensive income for the group was RMB 27,779 million, a decrease of 15.5% from RMB 32,790 million in the previous year[31]. - The basic earnings per share for the group was RMB 0.52, down from RMB 0.57 in the same period of 2019[31]. - The group reported a credit impairment loss of RMB 42,989 million, which increased by 28.6% from RMB 33,406 million in the previous year[30]. - The total operating expenses amounted to RMB 71,455 million, an increase of 13.6% from RMB 62,918 million in the same period of 2019[30]. Asset and Liability Management - As of September 30, 2020, the total assets of China Everbright Bank reached RMB 5,287,597 million, an increase of 11.71% compared to the end of 2019[6]. - The total liabilities reached RMB 4,846.827 billion, an increase of 11.49% year-on-year, with deposits totaling RMB 3,530.089 billion, up by 16.97%[13]. - The total loans and advances amounted to RMB 2,962.788 billion, growing by 9.24% year-on-year[13]. - The adjusted on-balance and off-balance sheet assets totaled RMB 6,339.937 billion, reflecting a strong asset base[11]. - The liquidity coverage ratio was 134.70%, with high-quality liquid assets amounting to RMB 761.440 billion[12]. - The non-performing loan total was RMB 45.234 billion, an increase of RMB 3.022 billion from the end of the previous year, with a non-performing loan ratio of 1.53%[14]. Customer Engagement and Growth - The bank's retail customer total assets (AUM) reached RMB 19.1 trillion, with retail customers exceeding 120 million, including 38,000 private banking clients[4]. - Monthly active users of the bank's mobile banking and related apps exceeded 29 million, representing a growth of 36.62% compared to the end of the previous year[4]. - The bank's customer deposits increased to RMB 3,530,089 million as of September 30, 2020, up from RMB 3,017,888 million at the end of 2019, representing a growth of 17.0%[27]. Investment and Financial Activities - The bank's credit card transaction amount exceeded RMB 20 trillion, with an overdraft balance of nearly RMB 4,500 million[4]. - The net fee and commission income for the group was RMB 19,664 million, an increase of 8.1% from RMB 18,184 million year-on-year[30]. - The group’s investment income was RMB 4,562 million, down 24.3% from RMB 6,021 million in the same period of 2019[30]. - The net cash inflow from investment activities was RMB 578,700 million for the nine months ended September 30, 2020, compared to RMB 444,649 million for the same period in 2019, an increase of 30.1%[36]. Capital and Shareholder Information - The capital adequacy ratio stood at 13.83%, with a Tier 1 capital ratio of 11.58% and a core Tier 1 capital ratio of 8.80%, all meeting regulatory requirements[14]. - The total number of preferred shareholders for Everbright Preferred Stock 1 is 10, with the largest shareholder being China Everbright Bank with 37,750,000 shares, representing 18.88% of the total[17]. - The bank issued RMB 40 billion perpetual bonds on September 22, 2020, with a coupon rate of 4.60% for the first five years, aimed at supplementing other Tier 1 capital[23]. Operational Developments - The bank has established a digital financial academy to systematically cultivate financial technology and innovation talents[4]. - The establishment of the Tokyo representative office is in progress, following approvals from regulatory authorities[23]. - Beijing Sunshine Consumer Finance Co., Ltd. officially commenced operations on August 17, 2020, following approval from the regulatory authorities[23].