兴业银行(601166) - 2025 Q3 - 季度财报

Financial Performance - Total operating income for Q3 2025 was RMB 50,776 million, a decrease of 0.78% year-on-year[3] - Net interest income for Q3 2025 reached RMB 37,204 million, an increase of 1.38% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2025 was RMB 19,942 million, a slight decrease of 0.08% year-on-year[4] - Operating income was RMB 161.23 billion, a year-on-year decrease of 1.82%, while net profit attributable to shareholders was RMB 63.08 billion, a slight increase of 0.12%[21] - The group's net profit reached RMB 63,344 million, compared to RMB 62,970 million in the previous year, reflecting a growth of 0.6%[40] - Basic earnings per share for the group were RMB 2.85, down from RMB 2.90 in the same period last year[42] - The group reported a total comprehensive income of RMB 63,008 million, compared to RMB 66,318 million in the previous year[40] Asset and Liability Management - Total assets as of September 30, 2025, amounted to RMB 10,673,253 million, reflecting a growth of 1.57% from the end of 2024[6] - Total assets reached RMB 10.67 trillion, an increase of 1.57% compared to the end of the previous year[21] - The total liabilities amounted to RMB 9,770,788 million as of September 30, 2025, compared to RMB 9,614,287 million at the end of 2024, indicating an increase of about 1.63%[34] - The total equity attributable to shareholders was RMB 902,465 million, up from RMB 893,611 million at the end of 2024, representing a growth of approximately 0.99%[34] Loan and Deposit Growth - Total loans reached RMB 5,989,907 million, an increase of 4.42% from the end of 2024[6] - Customer loan balance was RMB 5.99 trillion, growing by 4.42% year-on-year; green loans, technology loans, and medium to long-term loans in manufacturing increased by 18.64%, 17.70%, and 13.82% respectively[21] - Customer deposit balance reached RMB 5.83 trillion, up 5.47% year-on-year, with a deposit interest rate of 1.71%, down 32 basis points year-on-year[21] Risk Management - The non-performing loan ratio increased to 1.08% as of September 30, 2025, up by 0.01 percentage points from the end of 2024[10] - Non-performing loan balance was RMB 64.56 billion, with a non-performing loan ratio of 1.08%, an increase of 0.01 percentage points from the previous year[23] - The provision coverage ratio stood at 227.81%, indicating a strong capacity to cover potential losses[23] - The group's non-performing loan ratio remained stable, indicating effective risk management strategies[38] Capital Adequacy - The capital adequacy ratio for the group stood at 11.00% as of September 30, 2025, compared to 10.90% at the end of 2024[13] - The capital adequacy ratio was 13.85%, reflecting a solid capital position[14] - The bank issued RMB 50 billion in perpetual bonds, contributing to an increase in total capital[11] - The bank issued RMB 200 billion of perpetual capital bonds to supplement its other Tier 1 capital, approved by the National Financial Regulatory Administration and the People's Bank of China[29] - The group's capital reserve increased to RMB 82,482 million from RMB 74,733 million year-on-year, indicating a strengthening of the capital base[36] Liquidity Position - The liquidity coverage ratio was 106.05%, indicating a strong liquidity position[18] - The bank's cash and deposits with the central bank amounted to RMB 322,733 million, a decrease from RMB 394,940 million at the end of 2024, reflecting a decline of approximately 18.3%[32] - The cash and cash equivalents at the end of the period amounted to RMB 449,887 million, down from RMB 459,988 million year-over-year[49] Investment Activities - The total cash inflow from investment activities was RMB 3,862,964 million, up from RMB 3,047,565 million, representing an increase of 26.7%[47] - The cash inflow from investment income was RMB 82,645 million, slightly down from RMB 88,123 million, indicating stable investment returns[47] - The net cash flow from investment activities was RMB 108,297 million, an increase from RMB 71,962 million, reflecting effective investment strategies[47] Client Growth - The number of corporate clients reached 1.6358 million, an increase of 6.53% year-on-year, with significant growth in high-value clients[24] - The net increase in customer deposits and interbank placements for the group was RMB 319,389 million, compared to RMB 140,102 million in the previous year, reflecting a significant increase of 128.3%[45] Strategic Outlook - The group plans to continue expanding its market presence and investing in new technologies to enhance service offerings[38]