2014-10-30 16:00Financial Performance - Net profit for the year-to-date increased by 10.48% year-on-year to RMB 152,505 million[8] - Operating income for the year-to-date increased by 12.13% year-on-year to RMB 393,966 million[8] - Basic earnings per share increased by 11.90% year-on-year to RMB 0.47[9] - The group achieved a net profit of CNY 152.505 billion for the nine months ended September 30, 2014, representing a year-on-year increase of 10.48% due to an increase in net interest income[19] - Total operating income reached CNY 393.966 billion, a year-on-year growth of 12.13%, with net interest income at CNY 317.793 billion, up 15.30%[19] - The net profit attributable to shareholders for the nine months was RMB 152,439 million, representing a growth of 10.5% compared to RMB 137,988 million in 2013[47] - The total comprehensive income for the group was RMB 50,596 million, compared to RMB 37,269 million in the same period last year, reflecting an increase of approximately 35.8%[53] Assets and Liabilities - Total assets increased by 9.59% year-on-year to RMB 15,959,249 million[8] - Total liabilities increased by 9.35% year-on-year to RMB 15,000,556 million[8] - Customer deposits increased by 7.00% year-on-year to RMB 12,638,575 million[8] - The group’s total liabilities reached CNY 150,005.56 billion, up 9.35% from the end of the previous year, with deposits absorbed amounting to CNY 126,385.75 billion, a growth of 7.00%[20] - The bank's total assets as of September 30, 2014, were RMB 15,959,249 million, an increase of 9.6% compared to RMB 14,562,102 million in 2013[46] Capital and Equity - The core tier 1 capital net amount for the group was CNY 951,727 million, an increase from CNY 838,473 million as of December 31, 2013, reflecting a growth of 13.5%[37] - The capital adequacy ratio for the group stood at 12.38% as of September 30, 2014, compared to 11.86% at the end of 2013, indicating an improvement of 4.4%[37] - The net amount of capital for the group was CNY 1,323,948 million as of September 30, 2014, up from CNY 1,074,967 million at the end of 2013, indicating a growth of 23.1%[37] - The bank issued CNY 30 billion in subordinated capital bonds on August 18, 2014, to enhance its capital base[34] Loan and Deposit Growth - Net loans and advances increased by 10.84% year-on-year to RMB 7,650,922 million[8] - The total loans and advances issued were CNY 7,650,922 million as of September 30, 2014, compared to CNY 6,902,522 million at the end of 2013, representing a growth of 10.8%[44] - The average daily deposit balance for the nine months was CNY 119,835.83 billion, with an average loan-to-deposit ratio of 64.08%[21] - The net increase in deposits and interbank and other financial institutions for the group reached RMB 981,211 million, up from RMB 896,074 million in the same period last year, representing an increase of approximately 9.5%[55] Non-Performing Loans - The non-performing loan balance was CNY 103.466 billion, an increase of CNY 15.685 billion from the end of the previous year, with a non-performing loan ratio of 1.29%[23] - The provision coverage ratio was 335.07%, a decrease of 31.97 percentage points compared to the end of the previous year[23] Shareholder Information - The number of shareholders reached 283,358, with 255,420 being A-share shareholders[12] - The top two shareholders, Huijin Company and the Ministry of Finance, hold 40.28% and 39.21% of A-shares respectively[12] Cash Flow and Investment Activities - The net cash flow generated from operating activities for the group was RMB 65,598 million, a decrease of 36.7% compared to RMB 103,567 million in the same period last year[57] - The cash inflow from operating activities totaled RMB 1,682,249 million, an increase of 17.1% from RMB 1,436,910 million in the same period last year[55] - The cash outflow from operating activities was RMB 1,616,651 million, which is an increase of 21.2% compared to RMB 1,333,343 million in the same period last year[57] - The cash inflow from investment activities was RMB 433,290 million, down from RMB 548,739 million in the same period last year, reflecting a decrease of approximately 21%[57] - The cash outflow for investment activities was RMB 605,570 million, a decrease of 21.1% compared to RMB 767,717 million in the same period last year[57]