2018-10-30 16:00Financial Performance - Operating income for the quarter was RMB 151,146 million, representing a 15.00% increase compared to the same period last year[7] - Net profit for the quarter was RMB 55,828 million, an increase of 8.46% year-on-year[7] - The net profit for the nine months ending September 30, 2018, was CNY 171.804 billion, an increase of 7.28% year-on-year[22] - The total operating income for the nine months was CNY 457.448 billion, up 12.01% year-on-year[22] - The net profit attributable to shareholders for the nine months ended September 30, 2018, was RMB 171,611 million, representing a growth of 7.9% compared to RMB 160,010 million in 2017[55] - The bank reported a total profit of RMB 210,051 million for the nine months, an increase of 7.6% from RMB 195,170 million in 2017[55] Asset and Liability Management - Total assets reached RMB 22,700,325 million, an increase of 7.82% compared to the previous year[6] - Total liabilities increased to CNY 210,654.57 billion, a growth of 7.35% compared to the end of the previous year[23] - Customer deposits totaled RMB 17,299,684 million, up 6.83% from the previous year[6] - The total loan and advance amount was CNY 11,775.006 billion, an increase of 9.8% from the end of the previous year[23] - The non-performing loan balance was CNY 188.258 billion, with a non-performing loan ratio of 1.60%, down by 0.21 percentage points from the end of the previous year[26] Capital and Equity - The bank's equity attributable to shareholders reached RMB 1,630,380 million, a 14.30% increase year-on-year[6] - The core tier 1 capital net amount reached RMB 1,543,997 million, an increase from RMB 1,339,953 million at the end of 2017, reflecting a growth of 15.2%[40] - The total capital net amount increased to RMB 2,044,328 million from RMB 1,731,946 million year-over-year, representing a growth of 18.1%[40] - The core tier 1 capital adequacy ratio improved to 11.32% from 10.63% year-over-year, showing a 0.69 percentage point increase[40] Income and Expense Management - The net interest income was CNY 355.415 billion, reflecting a year-on-year increase of 9.61%[22] - The cost-to-income ratio improved to 27.41%, a decrease of 2.02 percentage points year-on-year[22] - The bank's operating expenses increased to RMB 248,767 million for the nine months, a rise of 15.1% from RMB 216,112 million in the previous year[55] - The asset impairment losses for the nine months were RMB 103,200 million, significantly higher than RMB 71,623 million in 2017, indicating increased credit risk[55] Cash Flow and Liquidity - The net cash flow from operating activities for the group was RMB 112,387 million, a significant decrease of 81.2% compared to RMB 596,134 million in the previous year[63] - The total cash inflow from investment activities was RMB 1,650,915 million, compared to RMB 1,487,866 million in the same period last year, indicating an increase of about 10.9%[64] - The liquidity coverage ratio averaged 118.1% in Q3 2018, up by 0.6 percentage points compared to the previous quarter[46] - The total cash and cash equivalents at the end of the period amounted to RMB 1,028,663 million, compared to RMB 993,142 million at the end of the same period last year, reflecting an increase of approximately 3.6%[64] Shareholder Information - The number of common shareholders was 420,605, with 397,376 being A-share shareholders[10] - The top two shareholders, Central Huijin Investment Ltd. and the Ministry of Finance of the People's Republic of China, hold 40.03% and 39.21% of shares respectively[12] Strategic Initiatives - The bank plans to expand its market presence through strategic partnerships and technology investments[48] - The bank plans to continue expanding its market presence and enhancing its digital banking capabilities to drive future growth[59]