2018-10-25 16:00Financial Performance - Net profit attributable to shareholders for the first nine months of 2018 was RMB 36,799 million, up 5.93% from RMB 34,738 million in the same period of 2017[8] - Operating income was RMB 121.384 billion, reflecting a growth of 5.27% year-on-year[22] - Net profit for the first nine months of 2018 was RMB 37.47 billion, up from RMB 34.90 billion in the same period of 2017, representing an increase of approximately 7.4%[46] - The group's net profit for Q3 2018 reached RMB 11,297 million, an increase of 5.3% compared to RMB 10,731 million in Q3 2017[51] - The group's total comprehensive income for Q3 2018 was RMB 14,718 million, compared to RMB 9,853 million in Q3 2017, marking a significant increase of 49.5%[53] Asset and Loan Growth - Total assets as of September 30, 2018, reached RMB 5,864,796 million, an increase of 3.30% compared to the end of 2017[7] - The total amount of loans and advances issued was RMB 3,511,095 million, reflecting a growth of 9.83% year-over-year[7] - Total assets reached RMB 58,647.96 billion, an increase of 3.30% compared to the end of last year[21] - Total loans and advances amounted to RMB 35,110.95 billion, growing by 9.83% year-on-year[21] Profitability Ratios - The annualized return on average total assets increased to 0.87%, up 0.06 percentage points from 0.81% in the previous year[8] - Basic earnings per share for the first nine months of 2018 were RMB 0.72, a 5.88% increase from RMB 0.68 in the same period of 2017[8] - Net interest income stood at RMB 76.860 billion, up 3.48% compared to the previous year[22] - Net interest income for the first nine months of 2018 was RMB 76.86 billion, compared to RMB 74.27 billion in the same period of 2017, reflecting a growth of 3.5%[46] Non-Performing Loans - The non-performing loan ratio as of September 30, 2018, was 1.79%, compared to 1.68% at the end of 2017[20] - Non-performing loan balance was RMB 62.794 billion, an increase of RMB 9.146 billion from the end of last year[22] - Non-performing loan ratio was 1.79%, up 0.11 percentage points from the end of last year[22] - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies[39] Capital Adequacy - The capital adequacy ratio improved to 12.23%, an increase of 0.58 percentage points from the end of 2017[13] - The core tier 1 capital adequacy ratio was 8.65%, up 0.16 percentage points from the previous year[13] Cash Flow and Liquidity - The net cash flow from operating activities for the first nine months of 2018 was RMB 177,232 million, compared to a negative RMB 4,541 million in the same period of 2017[8] - The liquidity coverage ratio as of September 30, 2018, was 105.13%, up from 97.98% at the end of 2017[18] - The cash and cash equivalents at the end of the period were RMB 246,429 million, down from RMB 318,858 million at the beginning of the period[57] Shareholder Information - The total number of ordinary shareholders was 173,469, with the top ten shareholders holding 65.37% of the shares[24] - The total number of preferred shareholders is 31, with the top ten shareholders holding significant stakes[28] - The company distributed dividends of RMB 10,521 million to ordinary shareholders and RMB 1,330 million to preferred shareholders during the reporting period[62] Investment and Financial Instruments - The financial assets investment increased to 1,534,057 million RMB, attributed to the new financial instrument standards[31] - Long-term equity investments rose by 81.38% to 4,246 million RMB due to the acquisition of Altyn Bank and capital increase in Baixin Bank[32] - The bank's investment income surged by 201.98% to 12,780 million RMB, influenced by changes in measurement methods under new financial standards[32] - The group's investment income for Q3 2018 was RMB 1,082 million, down from RMB 1,780 million in Q3 2017[51] Regulatory Compliance - The board of directors approved the financial statements on October 25, 2018, ensuring compliance with regulatory requirements[63]