HUA XIA BANK(SH:600015)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders was RMB 13,912 million, reflecting a growth of 5.58% year-on-year[2] - Operating income for the period was RMB 43,172 million, up 5.76% from the same period last year[2] - The net profit for the first nine months of 2015 was RMB 13,980 million, compared to RMB 13,215 million for the same period in 2014, reflecting an increase of about 5.8%[25] - The bank's operating income for the first nine months of 2015 was RMB 43,172 million, an increase from RMB 40,819 million in the same period of 2014, representing a growth of approximately 5.5%[25] - The net profit for the group in Q3 2015 was RMB 4,668 million, up from RMB 4,525 million in Q3 2014, indicating an increase of 3.2%[27] - The group’s total comprehensive income for Q3 2015 was RMB 4,947 million, compared to RMB 4,825 million in Q3 2014, indicating an increase of 2.5%[27] Asset and Liability Management - Total assets reached RMB 1,950,115 million, an increase of 5.32% compared to the previous year[2] - The total liabilities of Huaxia Bank as of September 30, 2015, amounted to RMB 1,837,244 million, compared to RMB 1,749,529 million at the end of 2014, marking an increase of about 5.0%[22] - The total assets of the group increased to RMB 2,267,454 million by the end of Q3 2015, compared to RMB 2,162,937 million at the end of Q3 2014, reflecting a growth of 4.8%[29] Cash Flow and Investment - The net cash flow from operating activities was RMB 76,233 million, a significant increase of 269.14% compared to the previous year[2] - The net cash flow from operating activities for the group in the first nine months of 2015 was RMB 76,233 million, a significant improvement compared to a net outflow of RMB 45,070 million in the same period of 2014[28] - The group recorded a net cash inflow from financing activities of RMB 12,761 million in the first nine months of 2015, compared to RMB 7,670 million in the same period of 2014, showing an increase of 66.5%[29] - The group’s investment activities generated a net cash outflow of RMB 41,944 million in the first nine months of 2015, compared to RMB 16,086 million in the same period of 2014, indicating a significant increase in investment expenditures[28] Capital and Risk Management - The capital adequacy ratio was 13.01%, down from 19.16% year-on-year[9] - The core Tier 1 capital ratio stood at 8.82%, up from 8.79% in the previous period[11] - The total risk-weighted assets reached RMB 1,278,716 million, compared to RMB 1,240,502 million previously[11] - The weighted average return on equity decreased to 12.90%, down 1.57 percentage points from the previous year[2] - Non-performing loan ratio increased to 1.37%, compared to 1.09% at the end of the previous year[9] Income Sources - The company reported a significant increase in commission income by 40.52% to RMB 8,979 million[15] - The bank's fee and commission income for the first nine months of 2015 was RMB 8,979 million, up from RMB 6,390 million in 2014, indicating a growth of approximately 40.5%[25] - Other business income surged by 244.44% to RMB 62 million[16] - The bank's investment income for the first nine months of 2015 showed a loss of RMB 241 million, compared to a gain of RMB 447 million in the same period of 2014[25] Shareholder Information - The number of shareholders totaled 131,297 at the end of the reporting period[6] - The company has implemented its profit distribution plan for the 2014 fiscal year as approved by the board and shareholders[17] Loan Quality and Customer Concentration - The quality of loan assets indicated that normal loans accounted for 94.32% of total loans, amounting to RMB 959,444 million[14] - The ratio of loans to the single largest customer decreased to 4.47% from 4.68%[10] - The ratio of loans to the top ten customers increased slightly to 18.73% from 18.47%[10]