Bank of Chengdu(SH:601838)2025-10-28 11:25Financial Performance - In Q3 2025, the company's operating income was CNY 5,491,062, a decrease of 2.92% year-on-year[9] - The net profit for Q3 2025 was CNY 2,875,972, reflecting a slight increase of 0.16% compared to the same period last year[9] - For the first nine months of 2025, the company reported operating income of CNY 17.761 billion, a year-over-year increase of CNY 0.520 billion, or 3.01%[22] - The net profit attributable to shareholders for the same period was CNY 9.493 billion, up CNY 0.454 billion, or 5.03% year-over-year[22] - Net profit for the first nine months of 2025 reached 7,894,360 thousand RMB, a decrease from 9,164,118 thousand RMB in the same period of 2024, reflecting a decline of approximately 13.9%[49] Assets and Liabilities - Total assets reached CNY 1,385,255,000 as of September 30, 2025, marking a 10.81% increase from the end of 2024[10] - The company’s total liabilities increased by 10.24% to CNY 1,283,442,792 compared to the end of 2024[10] - Total deposits amounted to CNY 986.432 billion, reflecting a growth of CNY 100.573 billion, or 11.35% compared to the previous year[20] - The total loan amount was CNY 847.481 billion, which is an increase of CNY 104.913 billion, or 14.13% year-over-year[20] - The adjusted on-balance and off-balance sheet assets balance reached CNY 1,446,137,789 as of September 30, 2025, compared to CNY 1,307,663,981 at the end of 2024, reflecting a growth of approximately 10.6%[35] Cash Flow - The net cash flow from operating activities for the first nine months of 2025 surged by 388.75% to CNY 57,590,457[9] - Net cash flow from operating activities improved significantly to 57,590,457 thousand RMB in 2025, compared to a negative cash flow of 19,944,982 thousand RMB in 2024[51] - Cash inflow from investment activities totaled 117,324,475 thousand RMB in 2025, compared to 90,152,274 thousand RMB in 2024, marking an increase of about 30.1%[52] - Cash outflow from investment activities surged to 155,728,558 thousand RMB in 2025, compared to 49,237,688 thousand RMB in 2024, indicating a significant increase of approximately 216.5%[52] - The net cash flow from financing activities in 2025 was negative at (12,124,459) thousand RMB, contrasting with a positive cash flow of 14,124,222 thousand RMB in 2024[52] Capital and Ratios - The core tier one capital as of September 30, 2025, was CNY 85.590 billion, compared to CNY 80.442 billion at the end of 2024, showing a growth of 6.4%[32] - The total capital net amount reached CNY 140.432 billion, an increase from CNY 123.274 billion at the end of 2024[32] - The core Tier 1 capital adequacy ratio improved to 8.77% from 8.71% in the previous period, while the Tier 1 capital adequacy ratio increased to 10.52% from 10.48%[33] - The liquidity coverage ratio decreased to 190.37% as of September 30, 2025, down from 211.09% at the end of 2024, reflecting a tighter liquidity position[37] - The leverage ratio improved to 7.10% as of September 30, 2025, compared to 6.62% at the end of 2024, indicating a stronger capital position[35] Other Key Metrics - The company's non-performing loan ratio stood at 0.68%, while the provision coverage ratio was 433.08% as of September 30, 2025[22] - The annualized return on assets was 0.96%, and the weighted average return on equity was 11.40%[22] - The cost-to-income ratio for the first nine months of 2025 was 25.21%, compared to 24.75% in the same period of 2024[24] - The proportion of normal loans remained stable at 98.95% as of September 30, 2025, compared to 98.91% at the end of 2024, showing consistent asset quality[39] - Other comprehensive income after tax for the first nine months of 2025 was (1,598,179) thousand RMB, a significant decline from 125,336 thousand RMB in 2024[49] Future Plans - The company plans to expand its financial services and enhance its digital banking capabilities in the upcoming quarters[9]