NCI(SH:601336)2014-10-24 16:00Financial Performance - Net profit attributable to shareholders increased by 60.1% to RMB 6.33 billion, with a basic/diluted earnings per share of RMB 2.03, up 59.8%[5] - Operating revenue for the first nine months reached RMB 109.93 billion, representing a growth of 21.5% year-on-year[5] - Net profit for the nine months ended September 30, 2014, increased by 60.1% to RMB 6,326 million from RMB 3,952 million, driven by growth in investment income[19] - Total revenue for the nine months ended September 30, 2014, reached RMB 109,925 million, a 21.5% increase from RMB 90,498 million in the same period of 2013[30] - The company's insurance business income for the nine months ended September 30, 2014, was RMB 86,225 million, up from RMB 72,273 million in the same period of 2013[30] - The company reported a comprehensive income total of RMB 7,971 million for the nine months ended September 30, 2014, compared to RMB 3,922 million in 2013[30] - The company’s operating profit for the nine months ended September 30, 2014, was RMB 7,704 million, a 62.5% increase from RMB 4,735 million in the same period of 2013[30] Assets and Liabilities - Total assets increased by 7.9% to RMB 610.48 billion compared to the end of the previous year[5] - The company’s total assets as of September 30, 2014, were RMB 610,480 million, an increase from RMB 565,849 million as of December 31, 2013[28] - Total liabilities as of September 30, 2014, amounted to RMB 563,659 million, compared to RMB 526,531 million as of December 31, 2013[28] - The company’s total equity as of September 30, 2014, was RMB 46,821 million, an increase from RMB 39,318 million as of December 31, 2013[28] Investment and Cash Flow - The annualized total investment return rate was 5.6% as of the report date[11] - Investment income for the nine months ended September 30, 2014, was RMB 23,532 million, an increase of 27.4% from RMB 18,455 million in 2013[30] - Total cash inflow from operating activities increased to RMB 86,431 million in 2014, up from RMB 78,578 million in 2013, representing a growth of 10.4%[32] - Cash inflow from investment activities rose to RMB 164,125 million in 2014, compared to RMB 108,255 million in 2013, an increase of 51.7%[32] - The total cash and cash equivalents at the end of the period stood at RMB 17,531 million, an increase from RMB 14,784 million in 2013[32] Claims and Expenditures - The company reported a net claims expenditure of RMB 12.22 billion, a significant increase of 77.0% compared to the previous year[10] - The company reported a 71.6% increase in claims expenses to RMB 12,362 million from RMB 7,203 million, influenced by increased maturity and annuity payments[19] - The company paid RMB 40,260 million in cash for insurance claims, which is a substantial increase from RMB 28,076 million in 2013, representing a rise of 43.4%[32] Shareholder Information - The number of shareholders totaled 18,797, with HKSCC Nominees Limited holding 32.13% of shares[12][16] Future Plans - The company plans to continue expanding its insurance business channels, including banking and service operations[10] - The company plans to issue subordinated debt of up to RMB 40 billion to enhance solvency ratio, approved by the China Insurance Regulatory Commission[20]