XIANMEN BANK(SH:601187)2024-10-30 10:25Financial Performance - Net profit attributable to shareholders of the parent company for Q3 2024 was RMB 720,443 thousand, representing a year-on-year increase of 13.45%[4] - Basic earnings per share for Q3 2024 were RMB 0.22, down 8.33% from the previous year[4] - The diluted earnings per share for the first nine months of 2024 were RMB 0.65, a decrease of 13.33% compared to the same period last year[4] - The company achieved operating income of RMB 4.16 billion for the first three quarters of 2024, a year-on-year decrease of 3.07%[13] - The net profit for the same period was RMB 2.01 billion, reflecting a year-on-year decline of 6.11%, although the decline rate has narrowed significantly compared to the first half of the year[13] - Operating income for Q3 2024 was RMB 1,269,170 thousand, a decrease of 5.0% compared to RMB 1,335,805 thousand in Q3 2023[28] - Net profit for Q3 2024 reached RMB 752,794 thousand, an increase of 12.9% compared to RMB 666,906 thousand in Q3 2023[28] - Total comprehensive income for Q3 2024 was RMB 700,649 thousand, compared to RMB 668,298 thousand in Q3 2023[29] Assets and Liabilities - Total assets as of September 30, 2024, reached RMB 403,275,738 thousand, an increase of 3.23% compared to the end of 2023[2] - The total liabilities increased to RMB 371.48 billion, up 3.15% from the end of the previous year, with total deposits reaching RMB 213.33 billion, an increase of 2.77%[13] - The total loans and advances amounted to RMB 206.13 billion, a decrease of 1.70% from the end of the previous year, primarily due to the company's proactive reduction of low-yield notes[13] - The total cash inflow from financing activities for the first nine months of 2024 was RMB 60,745,203 thousand, down from RMB 76,899,760 thousand in 2023, indicating a decline of approximately 20.9%[31] - The cash and cash equivalents at the end of the period increased to RMB 29,328,138 thousand from RMB 22,402,285 thousand in the previous year, reflecting a growth of approximately 31.0%[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,457[7] - The largest shareholder, Xiamen Jinyuan Investment Group Co., Ltd., held 506,147,358 shares, accounting for 19.18% of total shares[7] - The total equity attributable to shareholders of the parent company increased to RMB 31,100,340 thousand, up 4.11% from the end of 2023[2] - The company's equity attributable to ordinary shareholders was RMB 25.10 billion, an increase of 5.14% compared to the end of the previous year[13] Cash Flow and Financing Activities - The net cash flow from operating activities for the first nine months of 2024 was RMB 4,649,975 thousand[6] - Cash flow from operating activities for the first nine months of 2024 was RMB 4,649,975 thousand, a significant improvement from a net outflow of RMB 20,488,571 thousand in the same period of 2023[30] - The company distributed dividends amounting to RMB 1,047,324 thousand in the first nine months of 2024, compared to RMB 834,741 thousand in the same period of 2023, representing an increase of about 25.5%[31] - The cash outflow for debt repayment in the first nine months of 2024 was RMB 56,290,000 thousand, compared to RMB 56,410,000 thousand in the same period of 2023, showing a slight decrease[31] Asset Quality and Risk Management - The non-performing loan balance was RMB 1.55 billion, down RMB 0.05 billion from the end of the previous year, with a non-performing loan ratio of 0.75%, a decrease of 0.01 percentage points[14] - The provision coverage ratio decreased to 390.16% from 412.89%[23] - The non-performing loan ratio improved slightly to 0.75% from 0.76% year-over-year[23] - The company has made significant progress in the recovery and disposal of non-performing assets, effectively reducing credit costs[13] Liquidity and Capital Management - The capital adequacy ratio stood at 15.60%, reflecting a stable capital structure[18] - The liquidity coverage ratio was 268.87%, indicating strong liquidity management[21] - The liquidity ratio significantly increased to 107.49% from 81.38%[23]