2018-10-26 16:00Financial Performance - Net profit attributable to shareholders for the first nine months of 2018 was RMB 57,304 million, up 5.30% from the same period in 2017[6] - Operating income for the first nine months of 2018 was RMB 157,832 million, representing a 5.37% increase year-on-year[6] - The net cash flow from operating activities was RMB 126,288 million, a significant increase of 340.50% compared to the previous year[6] - Total operating income for the first nine months of 2018 reached RMB 157,832 million, an increase of 5.4% compared to RMB 149,790 million in the same period of 2017[50] - The company reported a basic earnings per share of RMB 0.74 for the first nine months of 2018, compared to RMB 0.70 in the same period of 2017, reflecting a growth of 5.7%[51] - Net profit for Q3 2018 was CNY 14,808 million, an increase from CNY 14,322 million in the same period last year, representing a growth of 3.4%[53] - The company reported a total comprehensive income of CNY 16,310 million for Q3 2018, compared to CNY 13,869 million in the same quarter last year, marking an increase of 17.5%[53] Assets and Liabilities - Total assets as of September 30, 2018, reached RMB 9,391,537 million, an increase of 3.91% compared to December 31, 2017[5] - Total liabilities as of September 30, 2018, were RMB 8,702,452 million, an increase of 4.07% from December 31, 2017[5] - Customer loans amounted to RMB 4,852,048 million, reflecting a growth of 5.96% year-on-year[5] - Customer deposits reached RMB 5,705,985 million, showing a growth of 2.90% year-on-year[5] - The total number of ordinary shareholders was 354,454, with 319,317 holding A shares and 35,137 holding H shares[8] - The bank's issued capital remains at RMB 74,263 million, with total equity attributable to shareholders increasing to RMB 682,458 million from RMB 671,143 million, reflecting a growth of approximately 1.9%[45] Investment and Income - Investment income for the first nine months of 2018 increased by 41.56% year-on-year, reaching RMB 7,841 million, driven by higher bond business income[37] - The company's investment income for the first nine months of 2018 was RMB 7,635 million, an increase from RMB 5,120 million in the same period of 2017, showing a growth of 49.0%[52] - The company reported a significant increase of 583.53% in net foreign exchange gains, amounting to RMB 3,259 million, due to fluctuations in exchange rates[37] Capital and Ratios - The weighted average return on equity (annualized) for the first nine months of 2018 was 11.69%, a decrease of 0.19 percentage points from the same period in 2017[6] - Capital adequacy ratio stood at 14.08%, meeting regulatory requirements[28] - The leverage ratio was 6.73%, also satisfying regulatory standards[32] - The annualized average return on assets (ROAA) was 0.83%, and the return on equity (ROAE) was 11.96%, both showing slight improvements[18] Cash Flow and Financing - The total expected cash outflows amounted to RMB 2,505,565 million, while the total expected cash inflows were RMB 1,423,640 million, resulting in a net cash outflow of RMB 1,335,684 million[35] - Cash and cash equivalents at the end of Q3 2018 totaled CNY 197,323 million, down from CNY 233,793 million at the end of the previous year[55] - Cash flow from financing activities resulted in a net outflow of $(26,172) million, compared to $(8,991) million in the previous year[58] - The company issued bonds with cash inflow of $11,583 million, down from $42,531 million year-over-year[58] Future Plans and Strategies - The company plans to invest up to RMB 80 billion to establish a wholly-owned subsidiary in Shanghai for asset management[40] - The company plans to enhance its market expansion strategies and invest in new technologies to drive future growth[56]