NCI(SH:601336)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 44.6% to RMB 4,786 million, down from RMB 8,644 million in the same period last year[5] - Operating revenue for the nine months ended September 30, 2016, was RMB 117,785 million, down 12.1% from RMB 133,994 million in the same period of 2015[28] - Basic earnings per share for the nine months ended September 30, 2016, were RMB 1.53, down from RMB 2.77 in the same period of 2015, a decline of 44.9%[28] - The company reported a comprehensive income of RMB 2,840 million for the nine months ended September 30, 2016, compared to RMB 6,379 million in 2015, a decrease of 55.6%[28] - Net profit for Q3 2016 was RMB 1,453 million, down 23.2% from RMB 1,892 million in Q3 2015[29] - Basic and diluted earnings per share for Q3 2016 were both RMB 0.46, compared to RMB 0.61 in Q3 2015[29] Assets and Liabilities - Total assets increased by 4.3% to RMB 689,096 million compared to the end of the previous year[5] - The company's total liabilities as of September 30, 2016, amounted to RMB 629,332 million, an increase from RMB 602,719 million as of December 31, 2015, indicating a growth of approximately 4.4%[26] - The company's total liabilities as of September 30, 2016, were RMB 1,200,000 million, reflecting a stable financial position[30] - The total equity attributable to shareholders of the parent company was RMB 59,757 million as of September 30, 2016, up from RMB 57,835 million at the end of 2015, representing an increase of about 3.3%[26] Cash Flow - Operating cash flow increased significantly by 70.6% to RMB 9,819 million, compared to RMB 5,755 million in the previous year[5] - Cash flow from operating activities for the nine months ended September 30, 2016, was RMB 9,819 million, up 70.8% from RMB 5,755 million in the same period of 2015[30] - Net cash flow from financing activities for the nine months ended September 30, 2016, was RMB 8,336 million, compared to a net outflow of RMB 52,306 million in the same period of 2015[30] - The total cash and cash equivalents at the end of Q3 2016 stood at RMB 11,676 million, an increase from RMB 7,750 million at the end of Q3 2015[30] Investment Performance - The annualized total investment return rate was reported at 5.1%[9] - Investment income decreased by 36.9% to RMB 24,892 million from RMB 39,479 million due to market fluctuations[21] - Total investment income for Q3 2016 was RMB 7,965 million, an increase of 1.4% from RMB 7,855 million in Q3 2015[29] Insurance Operations - Insurance business income slightly decreased by 1.3% to RMB 93,418 million from RMB 94,623 million year-on-year[8] - The total amount of insurance premium income was RMB 92,474 million for the nine months ended September 30, 2016, slightly down from RMB 94,011 million in 2015, a decrease of 1.6%[28] - First-year premium income from the insurance marketing agent channel increased by 24.4% to RMB 12,608 million[12] - The net claims expenditure increased by 60.1% to RMB 29,745 million compared to RMB 18,578 million in the previous year[8] Shareholder Information - Total number of shareholders is 46,993, with 46,394 A-share shareholders and 599 H-share shareholders[17] - HKSCC Nominees Limited holds 33.14% of shares, totaling 1,033,879,736 shares, while Central Huijin Investment Co., Ltd. holds 31.34% with 977,530,534 shares[17] Financial Assets - Financial assets measured at fair value increased by 35.0% to RMB 18,387 million compared to RMB 13,625 million in the previous period[20] - The company's receivables from premiums rose by 93.3% to RMB 2,948 million, up from RMB 1,525 million[20] - The company's total receivables from reinsurance increased by 814.7% to RMB 869 million, up from RMB 95 million[20] - The total amount of financial assets sold under repurchase agreements increased by 43.1% to RMB 28,350 million from RMB 19,816 million[20] - The company's deferred tax assets surged by 1,133.3% to RMB 74 million from RMB 6 million, attributed to capital market volatility[20] Solvency and Ratios - The core solvency adequacy ratio was 246.96%, down from 251.75% in the previous quarter[15] - The return rate decreased by 3.0 percentage points to 5.3%[8] - The weighted average return on equity decreased by 8.72 percentage points to 8.12%[5]