2022-10-26 09:23Financial Performance - Operating income for the first nine months of 2022 was RMB 257.19 billion, representing a year-on-year increase of 7.82%[4] - Net profit attributable to shareholders of the bank for the first nine months of 2022 was RMB 73.85 billion, reflecting a year-on-year growth of 14.48%[8] - Basic and diluted earnings per share for the first nine months of 2022 were RMB 0.73, reflecting a year-on-year increase of 12.31%[13] - Net profit reached CNY 73.94 billion, reflecting a year-on-year growth of 14.05%[33] - Total operating income for the nine months ended September 30, 2022, reached RMB 257,193 million, up 7.8% from RMB 238,539 million in the same period of 2021[47] Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 13.52 trillion, an increase of 7.43% compared to the end of the previous year[6] - Total liabilities amounted to CNY 12.71 trillion, growing by 7.74% from the previous year[20] - The bank's total assets as of September 30, 2022, amounted to RMB 13,523,061 million, an increase from RMB 12,587,873 million as of December 31, 2021[50] - The bank's total liabilities as of September 30, 2022, were RMB 12,705,054 million, up from RMB 11,792,324 million as of December 31, 2021[50] Customer Deposits and Loans - Customer deposits reached RMB 12.27 trillion, showing an 8.02% increase from the end of the previous year[7] - Total customer loans stood at RMB 7.15 trillion, marking a year-on-year growth of 10.81%[10] - Customer loans exceeded CNY 7 trillion, reaching CNY 7.15 trillion, a growth of 10.81% year-on-year, with a historical high increase of CNY 697.77 billion[20] - Customer loans and advances reached CNY 7,151.87 billion, a year-on-year increase of 10.81%[40] - Total deposits increased to CNY 12,265.05 billion, reflecting an 8.02% growth year-on-year[41] Risk Management and Asset Quality - The non-performing loan ratio as of September 30, 2022, was 0.82%, an increase of 0.01 percentage points from the end of the previous year[11] - The bank's non-performing loan ratio stands at 0.83%, with a provision coverage ratio of 404.47%, indicating strong asset quality[21] - The core tier 1 capital adequacy ratio was 9.55%, down by 0.37 percentage points compared to the end of the previous year[43] - The bank's total capital adequacy ratio was 14.10% as of September 30, 2022, down from 14.78% at the end of 2021[57] Cash Flow and Investment Activities - The net cash flow generated from operating activities for the first nine months of 2022 was RMB 129.21 billion, a significant improvement compared to a negative cash flow in the same period last year[14] - For the nine months ended September 30, 2022, net cash flow from operating activities was RMB 129,214 million, a significant improvement from a net cash outflow of RMB 49,786 million in the same period of 2021[54] - The total cash inflow from investment activities was RMB 961,303 million, compared to RMB 828,185 million in the previous year, while cash outflow for purchasing financial investments increased to RMB 1,312,113 million from RMB 1,005,288 million[56] Customer Base and Services - The company expanded its corporate client base to 1.3291 million, an increase of 177,700 clients compared to the end of the previous year, with value and effective clients accounting for 6.73% of new additions[25] - The number of corporate customers reached 1,151,408, while the number of individual customers increased to 824,948,079[64] - The bank's personal customer AUM increased by over CNY 1 trillion, reaching CNY 13.60 trillion, with VIP customers growing by 9.56% to 46.707 million[23] Fee and Commission Income - The bank's net income from fees and commissions reached CNY 23.639 billion, a year-on-year increase of 40.30%, accounting for 9.19% of total operating income, up 2.13 percentage points year-on-year[21] - The net income from agency business fees increased by 47.17% year-on-year, driven by the wealth management strategy upgrade and deepening of insurance and fund agency services[27] - The net income from credit card business fees grew by 20.52% year-on-year, supported by promotional activities and improved customer lifecycle management[27] Digital and Sustainable Development - The bank is actively developing a digital RMB application ecosystem, including innovative use cases for consumption loans and insurance payments[23] - The company provided carbon accounting services to 1,519 enterprises, supporting the national carbon neutrality goals[28] - The balance of green loans reached CNY 465.771 billion, an increase of 25.11% compared to the end of the previous year, with 19 green financial institutions established[28] Operational Efficiency - The company completed 239 annual online target projects, including key projects like the electronic trading system and mobile banking, enhancing operational efficiency[30] - The average response speed for deposit transactions improved by 37.50% following the migration of nearly 80% of customers to the new core personal business system[30] - The cloud platform achieved a daily transaction volume of 589 million, accounting for 93.30% of total transactions, maintaining a leading position in cloud technology application[30]