ZJB(SH:601860)2024-10-29 10:02Financial Performance - Operating income for Q3 2024 was CNY 1,079,729, a decrease of 9.05% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 439,732, down 7.96% year-on-year[2]. - Basic earnings per share for the period was CNY 0.12, a decrease of 7.69% compared to the previous year[3]. - Net profit for the first three quarters of 2024 reached CNY 1,351,143 thousand, slightly up from CNY 1,348,940 thousand in the same period of 2023[22]. - Total operating income for the first three quarters of 2024 was CNY 3,460,735 thousand, an increase from CNY 3,390,050 thousand in 2023, reflecting a growth of about 2.1%[21]. - Interest income decreased to CNY 6,668,422 thousand from CNY 6,880,824 thousand, a decline of approximately 3.1% year-over-year[21]. - The bank's net interest income for the first three quarters was CNY 2,879,728 thousand, down from CNY 2,990,206 thousand, a decrease of approximately 3.7%[21]. - Investment income increased to CNY 404,404 thousand from CNY 264,995 thousand, showing a significant growth of about 52.5% year-over-year[22]. - The bank's fee and commission income rose to CNY 250,771 thousand, compared to CNY 190,816 thousand, reflecting an increase of about 31.4%[21]. - The bank's credit impairment losses increased to CNY 708,198 thousand from CNY 535,091 thousand, representing a rise of approximately 32.3% year-over-year[22]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 270,962,071, an increase of 9.41% from the end of the previous year[3]. - Total assets increased to CNY 270,962,071 thousand as of September 30, 2024, up from CNY 247,664,435 thousand at the end of 2023, representing a growth of 9.3%[10]. - Total liabilities rose to CNY 251,357,258 thousand, compared to CNY 229,192,516 thousand at the end of 2023, marking an increase of 9.7%[10]. - The bank's total liabilities rose to CNY 251,357,258 thousand, compared to CNY 229,192,516 thousand, marking an increase of about 9.7%[20]. - Total deposits reached CNY 211,975,212 thousand, up from CNY 196,773,962 thousand, reflecting a growth of 7.3%[10]. - Total loans amounted to CNY 187,691,859 thousand, an increase from CNY 177,221,782 thousand, representing a growth of 5.8%[11]. - The bank's total equity reached CNY 19,604,813 thousand, up from CNY 18,471,919 thousand, indicating an increase of approximately 6.1%[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,402[7]. - The largest shareholder, Nanjing Zijin Investment Group, holds 8.96% of the shares[7]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 8,669,385, an increase of 46.06%[3]. - Net cash flow from operating activities for the first three quarters of 2024 reached RMB 8,669,385, an increase of 46.2% compared to RMB 5,935,516 in the same period of 2023[24]. - Total cash inflow from investment activities was RMB 89,280,629, significantly up from RMB 41,941,216 in the previous year, marking a growth of 112.5%[26]. - The net cash flow from investment activities improved to RMB 3,223,940, recovering from a loss of RMB 8,456,595 in the same period last year[26]. - Cash inflow from financing activities totaled RMB 15,301,876, compared to RMB 6,985,200 in the previous year, reflecting a growth of 119.5%[26]. - The net cash flow from financing activities was RMB 3,036,364, a turnaround from a negative cash flow of RMB -674,539 in the same period of 2023[26]. - The total cash and cash equivalents at the end of the period increased to RMB 24,302,542, up from RMB 8,218,420 at the end of the same period last year[26]. - The net increase in customer deposits and interbank deposits was RMB 14,272,218, down from RMB 20,858,321 in the previous year[24]. - Cash received from interest, fees, and commissions was RMB 7,442,105, slightly up from RMB 7,301,268 in the same period of 2023[24]. - Cash paid for interest, fees, and commissions increased to RMB 3,370,332 from RMB 3,029,999 in the previous year[24]. - Cash flow from operating activities totaled RMB 25,823,275, a decrease from RMB 26,900,501 in the same period last year[24]. Capital and Liquidity Ratios - The weighted average return on equity decreased by 0.39 percentage points to 2.27%[3]. - Core Tier 1 capital adequacy ratio improved to 10.46% from 10.28% at the end of 2023, demonstrating enhanced capital strength[12]. - The liquidity coverage ratio was reported at 168.14%, indicating strong liquidity position[16]. - The net stable funding ratio was 133.28% in Q3 2024, reflecting a solid funding structure[17]. - The cost-to-income ratio improved to 32.19%, indicating better operational efficiency[13]. - The non-performing loan ratio stood at 1.30% as of Q3 2024, indicating a stable credit quality[13]. Financial Asset Management - The company reported a significant increase in financial assets, with a 257.41% rise in buyback financial assets[5].