HUA XIA BANK(SH:600015)2021-10-29 16:00Financial Performance - In Q3 2021, the company reported operating income of RMB 24,380 million, an increase of 5.64% year-on-year[3]. - The net profit attributable to shareholders was RMB 5,215 million, reflecting a year-on-year growth of 9.03%[3]. - The total profit for the period was RMB 216.56 million, representing a growth of 16.86% year-on-year[7]. - Net profit for the first nine months of 2021 reached RMB 16,445 million, up from RMB 14,293 million in the same period of 2020, reflecting a year-over-year increase of about 15.1%[19]. - The total operating income for the first nine months of 2021 was RMB 72,493 million, compared to RMB 70,659 million in the same period of 2020, marking an increase of about 2.6%[19]. - The total operating income for the group in Q3 2021 was RMB 24,380 million, an increase from RMB 23,078 million in Q3 2020, representing a growth of 5.65%[21]. - The net profit attributable to shareholders of the parent company for Q3 2021 was RMB 5,215 million, up from RMB 4,783 million in Q3 2020, reflecting a growth of 9.05%[21]. - The total comprehensive income for the group in Q3 2021 was RMB 6,117 million, compared to RMB 3,473 million in Q3 2020, indicating a significant increase of 76.24%[22]. Asset and Liability Management - The total assets at the end of the reporting period reached RMB 3,549,265 million, up 4.40% from the previous year[4]. - The bank's total assets reached CNY 3,549,265 million as of September 30, 2021, compared to CNY 3,399,816 million at the end of 2020, marking a growth of 4.4%[17]. - The total liabilities of Huaxia Bank as of September 30, 2021, amounted to RMB 3,256,081 million, an increase from RMB 3,117,161 million as of December 31, 2020, representing a growth of approximately 4.5%[18]. - The adjusted on-balance and off-balance sheet asset balance was CNY 3,914,902 million, up from CNY 3,850,427 million in the previous quarter[12]. Loan and Deposit Metrics - The total loans amounted to RMB 21,792,110 million, an increase of 3.33% from the previous year[7]. - The bank's loan-to-deposit ratio was 103.07%, an increase from 101.56% at the end of the previous year[15]. - The bank's customer deposits increased by RMB 115,445 million in the first nine months of 2021, compared to an increase of RMB 298,640 million in the same period of 2020[23]. Non-Performing Loans and Risk Management - The non-performing loan ratio improved to 1.78%, a decrease of 0.02 percentage points compared to the end of the previous year[4]. - Non-performing loans accounted for 0.37% of total loans, with a total of CNY 8,134 million in loss loans, reflecting a 5.09% increase year-on-year[14]. - The bank's non-performing loan ratio was reported at 1.5% as of September 30, 2021, compared to 1.6% at the end of 2020, indicating an improvement in asset quality[19]. Capital and Liquidity - Core Tier 1 capital net amount reached CNY 232,570 million as of September 30, 2021, reflecting an increase from CNY 217,458 million at the end of 2020[11]. - The total capital net amount was CNY 343,749 million, up from CNY 322,127 million at the end of 2020, indicating a growth of 8.5%[11]. - The liquidity coverage ratio stood at 124.22%, indicating a strong liquidity position compared to the regulatory requirement[13]. - The bank's total qualified liquid assets amounted to CNY 364,692 million, ensuring adequate liquidity to meet short-term obligations[13]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 117,341[8]. - The top three shareholders are Shougang Group Co., Ltd. (20.28%), State Grid Yingda International Holdings Group Co., Ltd. (19.99%), and China People's Property Insurance Co., Ltd. (16.66%)[8]. - Shougang Group Co., Ltd. holds 3,119,915,294 shares, representing 20.28% of total shares[8]. - The top ten shareholders hold a total of 10,000,000,000 shares, with Shougang Group being the largest[8]. - The total number of preferred shareholders at the end of the reporting period is 18[10]. - The largest preferred shareholder is China Ping An Property & Casualty Insurance Co., Ltd. with 58,600,000 shares, accounting for 29.30%[10]. - The second and third largest preferred shareholders are China Ping An Life Insurance Co., Ltd. with 39,100,000 shares each, representing 19.55%[10]. - There are no shares under pledge or freeze among the top ten preferred shareholders[10]. Cash Flow Analysis - The net cash flow from operating activities was RMB 89,584 million, a significant increase of 125.62% year-on-year[6]. - The net cash flow from operating activities for the group in the first nine months of 2021 was RMB 89,584 million, a decrease from RMB 39,706 million in the same period of 2020[23]. - The net cash flow from investing activities for the group in the first nine months of 2021 was RMB (59,068) million, compared to RMB (58,644) million in the same period of 2020, indicating a slight increase in outflow[23]. - The net cash flow from financing activities for the group in the first nine months of 2021 was RMB (24,615) million, compared to RMB 672 million in the same period of 2020, showing a significant increase in outflow[24]. Earnings and Income Metrics - The bank's basic earnings per share for Q3 2021 were RMB 0.34, compared to RMB 0.31 in Q3 2020, representing an increase of 9.68%[22]. - The bank's earnings per share for the first nine months of 2021 was RMB 0.87, an increase from RMB 0.74 in the same period of 2020[20]. - The bank's total comprehensive income for the first nine months of 2021 was RMB 17,935 million, compared to RMB 12,611 million in the same period of 2020, reflecting a significant increase of approximately 42.5%[20]. - The net interest income for the first nine months of 2021 was RMB 60,595 million, slightly down from RMB 60,796 million in the same period of 2020, indicating a decrease of approximately 0.3%[19]. - Net interest income for the bank in Q3 2021 was RMB 20,151 million, compared to RMB 20,740 million in Q3 2020, showing a decrease of 2.84%[21]. - The bank's fee and commission income for the first nine months of 2021 was RMB 10,282 million, slightly down from RMB 10,736 million in the same period of 2020, indicating a decrease of about 4.2%[19].