NJBK(SH:601009)2014-10-28 16:00Financial Performance - Net profit attributable to shareholders was RMB 4.16 billion, up 21.68% year-on-year[8] - Operating income for the first nine months was RMB 11.53 billion, representing a growth of 49.41% compared to the same period last year[7] - Basic earnings per share rose to RMB 1.40, reflecting a 21.74% increase from the previous year[8] - The weighted average return on equity improved to 14.42%, up 8.34% year-on-year[8] - The bank's net profit for the reporting period is projected to show significant changes compared to the same period last year, but specific figures are not disclosed[19] - Net profit for Q3 2014 reached CNY 1,278,316,404.13, an increase from CNY 1,013,052,813.66 in the same period last year, representing a growth of approximately 26.2%[44] - Net profit for the period was ¥4.10 billion, compared to ¥2.59 billion in the same period last year, indicating a growth of 58.9%[36] Asset and Liability Growth - Total assets reached RMB 546.29 billion, an increase of 25.86% compared to the end of the previous year[7] - Total liabilities reached ¥515.31 billion, up from ¥407.20 billion, marking an increase of 26.6%[30] - Total deposits increased by 31.81% to RMB 342,907,590, reflecting a significant growth in deposit scale[14] - Total loans amounted to RMB 167,318,656 thousand, an increase of 13.8% from RMB 146,961,400 thousand at the end of 2013[22] - The bank's total assets amounted to CNY 1,143,518,462.77 for Q3 2014, a significant increase from CNY 196,959,257.43 in the previous year[38] - The bank's total liabilities increased to CNY 1,143,518,462.77 in Q3 2014, compared to CNY 196,959,257.43 in the previous year, indicating a substantial rise in leverage[38] Income and Expenses - Interest income rose by 42.96% to RMB 21,479,857, driven by an increase in interest-earning assets and improved yield[14] - The bank's total operating expenses for Q3 2014 were CNY 2,507,442,940.74, up from CNY 1,386,984,385.91 in Q3 2013, representing an increase of about 80.8%[38] - The bank's total operating expenses for the first nine months of 2014 were CNY 6,179,617,718.82, compared to CNY 3,404,411,580.80 in the previous year, reflecting an increase of about 81.5%[44] Investment and Financial Assets - The bank's financial assets measured at fair value increased by 93.35% to RMB 6,679,494, due to increased holdings in trading financial assets and corporate bonds[14] - The bank's investment income showed a loss of CNY 93,731,831.28 in Q3 2014, compared to a loss of CNY 17,219,558.64 in Q3 2013, highlighting a deterioration in investment performance[38] Shareholder Information - The total number of shareholders reached 126,488 by the end of the reporting period[11] - The top shareholder, Nanjing Zijin Investment Group, holds 12.73% of shares, with 377.99 million shares pledged[12] - The company reported a net asset per share of RMB 10.33, an increase of 15.29% from the previous year[7] Operational Efficiency - The cost-to-income ratio improved to 26.40% from 28.72% at the end of 2013, suggesting better operational efficiency[25] - The net interest margin improved to 2.56% from 2.30% at the end of 2013, reflecting better interest income management[24] Risk Management - The non-performing loan ratio was 0.94% as of September 30, 2014, slightly up from 0.89% at the end of 2013[24] - The loan loss provision coverage ratio was 321.98%, indicating strong provisions against potential loan losses[25] - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies[30] Cash Flow - Net cash flow from operating activities increased by 69.17% to RMB 88.19 billion year-to-date[7] - Cash inflow from operating activities for the first nine months of 2014 was CNY 139,583,398,931.99, significantly higher than CNY 91,437,542,863.38 in the previous year, marking an increase of about 52.7%[46] - Net cash flow from financing activities was ¥7,119,463,611.86, a significant improvement from a negative cash flow of ¥1,423,397,400.02 in the previous year[51]