NJBK(SH:601009)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders of the parent company was RMB 7,433,096 thousand, up 17.02% year-on-year[5] - Basic earnings per share increased to RMB 0.88, reflecting a growth of 17.33% year-on-year[6] - The total profit for the first three quarters was CNY 9.204 billion, an increase of CNY 848 million, or 10.15% year-on-year[13] - Net profit attributable to shareholders of the parent company was CNY 7.433 billion, up CNY 1.081 billion, a growth of 17.02%[13] - Basic earnings per share reached CNY 0.88, reflecting a year-on-year increase of 17.33%[13] - Net profit for Q3 2017 reached CNY 2,355,813 thousand, an increase from CNY 2,019,657 thousand in Q3 2016, while year-to-date net profit rose to CNY 7,516,176 thousand from CNY 6,433,229 thousand[35] - The bank's total profit for Q3 2017 was CNY 2,837,739 thousand, up from CNY 2,470,547 thousand in Q3 2016, with year-to-date total profit at CNY 9,203,968 thousand compared to CNY 8,356,021 thousand last year[35] Assets and Liabilities - Total assets reached RMB 1,144,670,914 thousand, an increase of 7.59% compared to the previous year[5] - Total assets reached CNY 1,144.671 billion, an increase of CNY 80.771 billion, or 7.59% from the beginning of the year[13] - Total liabilities increased to RMB 1,077,997,016 thousand, compared to RMB 1,001,522,044 thousand at the end of 2016, reflecting a growth of about 7.6%[22] - The bank's total liabilities increased to CNY 1,077,997,016 thousand, up from CNY 1,001,522,044 thousand, marking a growth of approximately 7.6%[33] Deposits and Loans - Total deposits amounted to CNY 701.364 billion, up CNY 46.161 billion, representing a growth of 7.05%[13] - Total deposits amounted to RMB 701,363,669 thousand, an increase from RMB 655,202,894 thousand at the end of 2016, marking a growth of approximately 7.0%[22] - Total loans increased to CNY 381.378 billion, with an increase of CNY 49.593 billion, reflecting a growth rate of 14.95%[13] - The loan balance reached RMB 381,377,665 thousand, up from RMB 331,784,815 thousand at the end of 2016, indicating a growth of around 14.9%[23] Cash Flow - Cash flow from operating activities showed a net outflow of RMB 14,475,032 thousand, a decline of 125.43% compared to the same period last year[5] - Net cash flow from operating activities for the first nine months of 2017 was negative at RMB 14,475,032 thousand, compared to a positive RMB 56,910,645 thousand in the same period of 2016[38] - The net cash flow from operating activities for the parent company was negative at RMB 10,337,260 thousand, compared to a positive RMB 59,075,977 thousand in the same period of 2016[39] Shareholder Information - The total number of shareholders reached 118,453, indicating a broad shareholder base[9] - The top shareholder, BNP Paribas, held 14.87% of the shares, amounting to 1,261,487,472 shares[9] - The company’s total share capital increased by 40% to 8,482,208 thousand shares due to capital increases[5] Risk Management - The non-performing loan ratio was reported at 0.86%[13] - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies[33] Capital and Ratios - The weighted average return on equity was 13.71%, up from 12.83% in the previous year, representing a 6.86% increase[6] - The capital adequacy ratio stood at 12.88%, with a cost-to-income ratio of 26.93%[13] - The capital adequacy ratio was reported at 12.88%, compared to 13.30% at the end of 2016[27] Branch Expansion and Services - The company opened a new branch in Hangzhou on August 21, 2017, as approved by the China Banking Regulatory Commission[16] - The bank opened several new branches, including the Nanjing Qiaolin branch on August 23, 2017, and the Suqian Siyang branch on September 26, 2017[17] Investment and Technology - The company experienced a significant increase in financial assets measured at fair value, which rose by 194.35%[16] - The bank plans to enhance its digital banking services and expand its market presence in key regions[34] - The bank's investment in technology and innovation is expected to drive efficiency and customer satisfaction in the coming quarters[34] - The bank is exploring potential mergers and acquisitions to strengthen its market position and diversify its service offerings[34]