SPD BANK(SH:600000)2023-10-27 16:00Financial Performance - Total operating income for Q3 2023 was RMB 41,585 million, a decrease of 7.66% compared to the same period last year[2]. - Net profit attributable to shareholders of the parent company was RMB 4,848 million, down 52.88% year-on-year[2]. - Basic earnings per share for Q3 2023 was RMB 0.12, a decline of 60.00% compared to the same period last year[2]. - The total comprehensive income attributable to shareholders of the parent company for Q3 2023 was RMB 29,350 million, compared to RMB 36,185 million in Q3 2022, a decrease of 18.9%[35]. - The net profit for Q3 2023 was RMB 4,977 million, down 52.8% from RMB 10,524 million in Q3 2022[35]. - The net profit attributable to shareholders of the parent company for the first nine months of 2023 was RMB 27,986 million, a decrease of 30.5% compared to RMB 40,462 million in the same period of 2022[33]. - Net income for the first nine months of 2023 was RMB 132,815 million, compared to RMB 143,680 million for the same period in 2022, reflecting a decrease of 7.5%[32]. - The total operating expenses for Q3 2023 were RMB 36,340 million, an increase from RMB 34,060 million in Q3 2022, representing a rise of 6.7%[34]. - The net profit margin for Q3 2023 was approximately 12.0%, down from 23.3% in Q3 2022[35]. Asset and Liability Management - Total assets at the end of Q3 2023 reached RMB 8,808,320 million, an increase of 1.19% from the end of the previous year[3]. - Total liabilities increased to RMB 8,084,504 million from RMB 7,997,876 million year-over-year[17]. - The total assets of the group reached RMB 88,083.20 billion, an increase of RMB 1,036.69 billion or 1.19% compared to the end of the previous year[11]. - Total deposits rose to RMB 4,955,687 million, up from RMB 4,826,478 million year-over-year[17]. - Total loans amounted to RMB 4,921,496 million, slightly up from RMB 4,900,662 million year-over-year[17]. - The bank's loan and advance to customers stood at RMB 4,806,104 million as of September 30, 2023, slightly up from RMB 4,798,350 million at the end of 2022[29]. - The bank's customer deposits increased to RMB 5,028,912 million as of September 30, 2023, from RMB 4,893,812 million at the end of 2022, marking a growth of 2.8%[30]. Credit Quality and Risk Management - The non-performing loan ratio remained stable at 1.52%[3]. - The ratio of loan impairment provisions to non-performing loans increased by 18.00 percentage points to 177.04%[3]. - The non-performing loan ratio stood at 1.52%, unchanged from the end of the previous year, with a provision coverage ratio of 177.04%, up by 18 percentage points[12]. - The credit impairment losses for Q3 2023 were RMB 22,681 million, compared to RMB 19,788 million in Q3 2022, an increase of 15.2%[34]. - The company plans to strengthen the management of non-performing assets and increase provisioning to mitigate risks[6]. Shareholder Information - The total number of common shareholders is 196,192, with the top ten shareholders holding significant stakes[7]. - Shanghai International Group Co., Ltd. holds 6,331,322,671 shares, representing 21.57% of total shares[7]. - China Mobile Communications Group Guangdong Co., Ltd. holds 5,334,892,824 shares, accounting for 18.18%[7]. - Funde Life Insurance Co., Ltd. holds 2,779,437,274 shares, which is 9.47% of the total[7]. - The top ten shareholders collectively hold a substantial portion of the company's equity, indicating strong institutional support[7]. - The total number of preferred shareholders is 31, with the top ten holding significant shares[9]. - Huabao Trust Co., Ltd. holds 18,004,545 preferred shares, representing 12.00%[9]. - China Ping An Life Insurance Co., Ltd. holds 20,360,000 preferred shares, accounting for 13.57%[10]. - The largest preferred shareholder, China People's Property Insurance Co., Ltd., holds 34,880,000 shares, which is 23.25%[10]. - The company has identified several shareholders as acting in concert, indicating potential influence on corporate governance[10]. Cash Flow and Investment Activities - The net cash flow from operating activities for the year-to-date period was RMB 108,686 million[2]. - Operating cash inflow totaled RMB 595,954 million in the first nine months of 2023, an increase of 19.5% from RMB 498,750 million in the same period of 2022[36]. - The net cash flow from investment activities showed a negative amount of RMB 33,491 million for the first nine months of 2023, an improvement from a negative RMB 41,762 million in the same period of 2022[37]. - Cash inflow from investment activities was RMB 1,221,092 million, slightly down from RMB 1,241,115 million in the first nine months of 2022[37]. - Cash outflow from financing activities was RMB 1,044,316 million, compared to RMB 1,034,150 million in the same period of 2022[37]. - The total cash and cash equivalents at the end of the period stood at RMB 187,178 million, up from RMB 181,525 million at the end of the same period in 2022[37]. - The cash flow from financing activities showed a net outflow of RMB 262,972 million, compared to a net inflow of RMB 20,009 million in the same period of 2022[37]. Capital Adequacy and Financial Ratios - The core tier one capital adequacy ratio was 9.10%, with a total capital adequacy ratio of 12.94%[12]. - The capital adequacy ratio was reported at 12.94%, down from 13.65% year-over-year[19]. - The leverage ratio for the group was 6.97%, an increase of 0.17 percentage points from the previous year[21]. - The liquidity coverage ratio was 141.10%, indicating strong liquidity position[23]. - The average return on total assets decreased to 0.33% from 0.50% year-over-year[17]. - The total equity attributable to shareholders reached RMB 715,695 million as of September 30, 2023, compared to RMB 697,872 million at the end of 2022, an increase of 2.6%[30].