2025-10-28 12:10Financial Performance - In Q3 2025, Qingdao Bank reported operating income of RMB 3,350,751,000, a decrease of 0.22% year-on-year[5] - The net profit attributable to shareholders of the parent company for Q3 2025 was RMB 927,183,000, an increase of 13.90% year-on-year[5] - The net profit attributable to shareholders of the parent company for the first nine months of 2025 reached RMB 3,991,866,000, reflecting a growth of 15.54% compared to the same period last year[5] - The basic earnings per share for Q3 2025 was RMB 0.12, up by 20.00% year-on-year[5] - The diluted earnings per share for the first nine months of 2025 was RMB 0.65, reflecting an 18.18% increase year-on-year[5] - Net profit attributable to shareholders was CNY 3.99 billion, an increase of CNY 0.54 billion, or 15.54% year-over-year[25] - Operating income reached CNY 11.01 billion, up CNY 0.53 billion, or 5.03% year-over-year[25] - For the nine months ended September 30, 2025, the net profit reached RMB 4,124,770, an increase of 15.8% compared to RMB 3,560,199 for the same period in 2024[55] - The total comprehensive income for the nine months ended September 30, 2025, was RMB 3,468,357, a decrease of 28.1% from RMB 4,819,987 in 2024[57] Assets and Liabilities - Total assets as of September 30, 2025, amounted to RMB 765,571,459,000, representing a year-on-year increase of 10.96%[5] - Total liabilities increased by 11.37% year-on-year, reaching RMB 718,416,730,000 as of September 30, 2025[5] - Total assets reached CNY 765.57 billion, an increase of CNY 75.61 billion, or 10.96% year-over-year[24] - Total liabilities amounted to CNY 718.42 billion, up CNY 73.35 billion, or 11.37% year-over-year[24] - The bank's total liabilities as of September 30, 2025, were RMB 718,416,730 thousand, compared to RMB 645,063,204 thousand as of December 31, 2024, marking an increase of around 11%[48] Equity and Capital Ratios - The total equity attributable to shareholders of the parent company increased by 4.94% year-on-year, reaching RMB 46,103,377,000 as of September 30, 2025[5] - As of September 30, 2025, the capital adequacy ratio is 13.14%, a decrease from 13.80% in 2024[12] - The core tier 1 capital adequacy ratio is 8.75%, down from 9.11% in 2024[16] - The bank's total equity increased to RMB 47,154,729 thousand as of September 30, 2025, from RMB 44,899,829 thousand as of December 31, 2024, reflecting a growth of about 5%[50] Loan and Deposit Activities - The total customer loans amount to 375,298,100 thousand RMB, reflecting a year-on-year increase of 10.16%[13] - The company's loan issuance increased by 9.94% year-on-year, reaching 365,596,432 thousand RMB as of September 30, 2025[13] - The company's total deposits reached 491,151,373 thousand RMB, marking a year-on-year growth of 10.76%[13] - The net increase in customer deposits was RMB 49,702,915, compared to RMB 42,129,640 in the previous year, representing a growth of 17.5%[60] Non-Performing Loans and Risk Management - The non-performing loan ratio stands at 1.10%, slightly improved from 1.14% in 2024[12] - Non-performing loan ratio improved to 1.10%, a decrease of 0.04 percentage points from the end of the previous year[26] - The bank's non-performing loan ratio remained stable, indicating effective credit risk management strategies in place[53] Cash Flow and Investment Activities - The net cash flow from operating activities for the first nine months of 2025 was RMB 13,055,237,000, a decrease of 43.36% year-on-year[11] - The bank's cash and deposits with the central bank decreased to RMB 29,633,285 thousand as of September 30, 2025, from RMB 49,153,266 thousand as of December 31, 2024, a decline of approximately 40%[46] - The cash inflow from investment activities totaled RMB 60,661,244, an increase of 29.0% from RMB 47,020,999 in 2024[62] - The cash outflow from investment activities was RMB 89,315,785, significantly higher than RMB 52,198,219 in the previous year, indicating increased investment activity[62] - The net cash flow from financing activities was RMB 6,760,581, compared to a net outflow of RMB 4,674,714 in 2024, showing a positive shift in financing[62] Shareholder Information - The total number of common shareholders at the end of the reporting period is 46,057[33] - The largest shareholder, Hong Kong Central Clearing (Agent), holds 21.46% of shares, totaling 1,248,808,894 shares[33] - Italian bank Intesa Sanpaolo is the second-largest shareholder with 17.50%, holding 1,018,562,076 shares[33] - Qingdao Guoxin Financial Holdings holds 11.66% of shares, amounting to 678,801,743 shares[33] - Qingdao Haier Industrial Development Co., Ltd. holds 9.15% of shares, totaling 532,601,341 shares[33] - The company plans to increase shareholding by Guoxin Financial Holdings to between 19.00% and 19.99% within six months[38] - As of the end of the reporting period, Guoxin Financial Holdings has cumulatively increased its H shares by 24,178,500, representing 0.42% of total shares[39] - The company has no outstanding preferred shares as of the end of the reporting period[36] - The number of A-share shareholders is 45,914, while H-share shareholders total 143[34] - No changes in the top 10 shareholders due to securities lending activities were reported[35]