2025-10-29 10:06Financial Performance - Net profit attributable to shareholders rose by 0.52% year-on-year to RMB 113,772 million for the first nine months of 2025[6]. - Operating income for Q3 2025 was RMB 81,359 million, reflecting a 2.11% increase compared to the same period last year[6]. - Basic earnings per share for Q3 2025 was RMB 1.54, up from RMB 1.32 in the same period last year, representing a 16.67% increase[6]. - The company's pre-tax profit for the first nine months of 2025 was RMB 135,089 million, reflecting a 0.76% increase year-on-year[6]. - The net profit for the nine months ended September 30, 2025, is RMB 114,537 million, slightly up from RMB 114,039 million in the same period last year[48]. - The net profit attributable to shareholders for the nine months ended September 30, 2025, is RMB 113,772 million, compared to RMB 113,184 million in the same period last year[48]. Asset and Liability Management - Total assets increased by 4.05% year-on-year to RMB 12,644,075 million as of September 30, 2025[6]. - Total liabilities increased by 4.12% to RMB 11,368.94 billion, primarily due to growth in customer deposits[25]. - The total number of ordinary shareholders reached 498,392, with 471,874 being A-share shareholders and 26,518 being H-share shareholders[8]. - The company's net assets per share increased by 4.22% year-on-year to RMB 43.21 as of September 30, 2025[6]. - The group's equity attributable to shareholders reached RMB 1,267.285 billion, an increase of 3.37% compared to the end of the previous year[26]. Customer Deposits and Loans - Customer deposits totaled RMB 9,518.70 billion, reflecting a 4.64% increase year-on-year, with retail customer deposits growing by 6.88%[25]. - The total loans and advances amounted to CNY 7,136.285 billion, growing by 3.60% from the end of the previous year[13]. - The average balance of loans and advances increased by 3.60% to RMB 71,362.85 billion, with corporate loans growing by 10.01%[24]. - The total customer deposits reached CNY 9,518.697 billion, an increase of 4.64% from the end of the previous year[13]. Non-Performing Loans and Credit Risk - The non-performing loan balance was CNY 67.425 billion, with a non-performing loan ratio of 0.94%, a decrease of 0.01 percentage points from the end of the previous year[14]. - The company's loan loss provision balance was RMB 262.123 billion, with a provision coverage ratio of 426.89%, an increase of 1.66 percentage points from the previous year[35]. - The company generated new non-performing loans of RMB 48.003 billion from January to September 2025, with an annualized NPL generation rate of 0.96%, a decrease of 0.06 percentage points year-on-year[34]. - The non-performing loan (NPL) ratio for the real estate sector was 4.24%, a decrease of 0.50 percentage points from the end of the previous year[27]. Income and Expense Management - The company's net interest income for the period was CNY 160.042 billion, representing a year-on-year increase of 1.74% and accounting for 63.69% of total operating income[16]. - Non-interest net income for the first nine months of 2025 was RMB 91.24 billion, a year-on-year decline of 4.27%, accounting for 36.31% of total operating income[19]. - The group maintained a cost-to-income ratio of 29.86%, an increase of 0.27 percentage points year-on-year, while focusing on lean management and cost control[21]. Risk Management and Compliance - The company will continue to enhance risk management and support compliance projects to stabilize the quality of real estate assets[28]. - The company is actively monitoring industry risks and implementing post-loan management to maintain overall asset quality stability[31]. - The company plans to enhance risk compliance management and adjust operational strategies in response to macroeconomic changes[36]. Capital Adequacy - The core tier 1 capital adequacy ratio was 13.93% as of September 30, 2025, a decrease of 0.93 percentage points from the end of the previous year[38]. - The total capital adequacy ratio is 17.40%, down 1.77 percentage points from the end of the previous year[41]. - The Tier 1 capital adequacy ratio under the weighted method is 13.99%, down 0.64 percentage points from the end of the previous year[43]. Customer Growth and Wealth Management - The number of retail customers increased to 220 million, representing a growth of 4.76% year-over-year[45]. - The number of high-net-worth clients (with average total assets of RMB 1 million or more) increased by 10.42% to 5.78 million[45]. - Wealth management fees and commissions increased by 18.76% to RMB 20.67 billion, driven by growth in distribution scale and product structure optimization[20].