江阴银行(002807) - 2024 Q3 - 季度财报

Financial Performance - Total operating income for Q3 2024 was RMB 843.83 million, a decrease of 7.97% year-on-year[3] - Net profit attributable to shareholders for Q3 2024 was RMB 402.11 million, an increase of 0.70% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was RMB 387.47 million, a decrease of 0.79% year-on-year[3] - Total operating revenue for the first nine months of 2024 reached RMB 3,017,761 thousand, an increase from RMB 2,978,284 thousand in the previous year, reflecting a growth of approximately 1.3%[28] - Net profit for the first nine months of 2024 was RMB 1,126,067 thousand, compared to RMB 1,131,374 thousand in the same period last year, showing a marginal decrease of about 0.5%[28] - Basic earnings per share for the period were RMB 0.4641, down from RMB 0.4861 in the previous year[29] Asset and Liability Management - The bank's total assets as of September 30, 2024, were RMB 186.63 billion, a 0.32% increase from the beginning of the year[3] - The bank's total liabilities decreased to RMB 168,723,326 thousand from RMB 169,953,616 thousand, a reduction of approximately 0.7%[28] - The bank's net assets attributable to shareholders increased to RMB 17.62 billion, an increase of 11.57% from the beginning of the year[3] - The total amount of loans classified as normal is 118,733,530 thousand RMB, accounting for 97.68% of total loans as of September 30, 2024[22] Loan and Deposit Growth - Total deposits reached RMB 146.83 billion by the end of September 2024, an increase of 5.48% from the beginning of the year[6] - Total loans amounted to RMB 121.54 billion by the end of September 2024, an increase of 5.37% from the beginning of the year[6] - Total deposits reached RMB 146,830,096 thousand as of September 30, 2024, an increase from RMB 139,208,038 thousand at the end of 2023, representing a growth of 1.16%[15] - Total loans amounted to RMB 121,543,928 thousand as of September 30, 2024, up from RMB 115,352,491 thousand at the end of 2023, indicating a growth of 5.12%[15] Non-Performing Loans and Risk Management - The bank's non-performing loan balance decreased by RMB 0.39 billion, and the non-performing loan ratio decreased by 0.08 percentage points compared to the beginning of the year[8] - The non-performing loan ratio is 0.90% as of September 30, 2024, a decrease from 0.98% at the end of 2023[20] - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies[27] Capital and Liquidity Ratios - The capital adequacy ratio as of September 30, 2024, is 15.34%, up from 14.24% at the end of 2023 and 13.90% at the end of 2022[20] - The core tier 1 capital adequacy ratio increased to 14.19% as of September 30, 2024, compared to 13.10% at the end of 2023 and 12.77% at the end of 2022[20] - The liquidity coverage ratio stands at 93.58% as of September 30, 2024, significantly higher than 82.09% at the end of 2023[20] - The leverage ratio increased to 8.59% as of September 30, 2024, from 7.76% at the end of 2023[21] Cash Flow Analysis - The bank's cash flow from operating activities showed a net inflow of RMB 3,834,202 thousand, a significant increase of 212.69% compared to the previous year[14] - The bank's cash flow from investment activities recorded a net outflow of RMB 2,141,224 thousand, a decrease of 138.88% year-on-year[14] - The bank's cash flow from financing activities showed a net outflow of RMB 2,174,543 thousand, reflecting an increase of 4.86% compared to the previous year[14] - Cash inflow from investment activities reached ¥38,906,468, significantly up from ¥16,295,051 in the prior period[30] - Cash outflow from investment activities was ¥41,047,692, compared to ¥10,787,090 in the previous period, resulting in a net cash flow from investment activities of -¥2,141,224[30] - The net cash flow from financing activities was -¥2,174,543, compared to -¥2,285,692 in the previous period[31] Other Financial Metrics - The cost-to-income ratio improved to 29.55% as of September 30, 2024, down from 30.87% at the end of 2023[20] - The return on total assets (ROA) is 0.60% (not annualized) as of September 30, 2024, compared to 1.14% at the end of 2023[20] - The bank's investment income rose to RMB 606,279 thousand, compared to RMB 563,661 thousand in the previous year, indicating an increase of about 7.5%[28] Strategic Initiatives - The bank plans to enhance its digital banking services and expand its market presence in rural areas to drive future growth[27] Audit Status - The company has not undergone an audit for the third quarter report[32]