2023-10-30 16:00Financial Performance - Total revenue for Q3 2023 was CNY 5,605,427,464.93, a decrease of 17.98% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was CNY 532,109,717.75, down 59.62% year-on-year[4] - Net profit excluding non-recurring gains and losses for Q3 2023 was CNY 493,482,128.81, a decline of 61.65% compared to the previous year[4] - Basic earnings per share for Q3 2023 was CNY 0.04, down 63.64% year-on-year[5] - Net profit attributable to shareholders of the parent company for Q3 2023 was CNY 4.36 billion, down 28.3% from CNY 6.08 billion in Q3 2022[18] - The net profit margin for Q3 2023 was approximately 19.4%, down from 34.0% in Q3 2022, indicating a significant decline in profitability[18] - Total comprehensive income attributable to the parent company was CNY 4,652,148,242.69, down from CNY 4,999,721,118.77 year-over-year[19] - Basic and diluted earnings per share decreased to CNY 0.33 from CNY 0.47 in the same period last year[19] - Net profit for the third quarter was CNY 4,697,031,346.06, a decrease of 33.2% compared to CNY 7,033,214,372.82 in the same quarter of 2022[25] - The company reported a profit before tax of CNY 5,525,771,208.25, down 33.5% from CNY 8,268,811,393.05 in the same period last year[25] Cash Flow - Cash flow from operating activities for the year-to-date was CNY -21,563,945,486.37, a decrease of 655.23%[5] - Net cash flow from operating activities was negative at CNY -21,563,945,486.37, compared to a positive CNY 3,883,768,716.16 in the previous year[20] - Total cash inflow from operating activities was 23.33 billion RMB, significantly lower than 53.82 billion RMB in the same period of 2022[26] - Cash inflow from investment activities increased to CNY 29,872,079,422.98, up from CNY 22,521,948,628.25 year-over-year[20] - The company reported a net cash outflow from investment activities of -1.67 billion RMB, an improvement from -4.65 billion RMB in the previous year[26] - Net cash flow from financing activities was negative at CNY -11,731,752,271.66, compared to a positive CNY 3,601,797,513.57 in the same period last year[21] - Net cash flow from financing activities increased to 4.74 billion RMB, recovering from a negative 5.71 billion RMB in the same period last year[27] - Cash and cash equivalents at the end of Q3 2023 stood at 97.61 billion RMB, down from 116.67 billion RMB at the end of Q3 2022[27] - The company reported a net decrease in cash and cash equivalents of CNY -27,537,164,942.25 for the period[21] Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 736,172,996,197.44, a decrease of 2.31% from the end of the previous year[5] - Total assets as of September 30, 2023, amounted to CNY 136.23 billion, a decrease from CNY 158.58 billion as of December 31, 2022[14] - Total assets as of Q3 2023 amounted to CNY 736.17 billion, a decrease from CNY 753.61 billion at the end of 2022[16] - Total liabilities decreased to CNY 555.94 billion in Q3 2023 from CNY 575.99 billion in 2022, reflecting a reduction of 3.5%[16] - Total liabilities decreased to CNY 313,217,026,974.69 from CNY 322,959,908,026.66, a reduction of 3.0%[24] - The company's cash and cash equivalents were CNY 136.23 billion, compared to CNY 158.58 billion in the previous year[14] - The company’s financial investments in trading financial assets reached CNY 222.60 billion, an increase from CNY 209.60 billion[14] - The company’s short-term borrowings decreased to CNY 5,421,894,539.05 from CNY 7,211,239,604.08 year-over-year[22] Income and Expenses - Total operating revenue for the first three quarters of 2023 reached CNY 22.57 billion, an increase of 19.1% compared to CNY 18.94 billion in the same period of 2022[17] - Net interest income for the first three quarters of 2023 was CNY 3.27 billion, down 30.9% from CNY 4.74 billion in the same period of 2022[17] - The company’s total operating expenses for the first three quarters of 2023 were CNY 16.42 billion, an increase of 43.8% from CNY 11.43 billion in the same period of 2022[17] - Total operating revenue for the first three quarters of 2023 was CNY 10,559,108,105.71, a decrease of 14.9% compared to CNY 12,403,783,932.76 in the same period of 2022[24] - Net interest income decreased to CNY 1,728,828,175.37 from CNY 2,090,576,726.97, reflecting a decline of 17.3%[24] - Net commission and fee income fell to CNY 5,331,340,561.17, down 19.5% from CNY 6,622,001,556.74 year-over-year[24] - Total operating expenses increased to CNY 5,038,470,008.34, up 21.0% from CNY 4,164,104,035.41 in the previous year[24] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 247,380, with 247,235 being A-share holders[10] - The top ten shareholders collectively held 10.38% of the total share capital, with Hong Kong Central Clearing Limited holding 26.09%[10][12] - The company's equity attributable to shareholders increased by 1.45% to CNY 166,978,884,347.33 compared to the end of the previous year[5] - The total equity attributable to shareholders of the parent company increased to CNY 166.98 billion in Q3 2023 from CNY 164.59 billion in 2022, marking a growth of 1.5%[16] - Total equity increased to CNY 150,731,150,059.13 from CNY 149,045,782,898.20, reflecting a growth of 1.1%[24] Other Notable Changes - The company reported a significant increase in credit impairment losses, amounting to CNY 1,464,333,416.73, up 223.46% year-on-year[8] - The company plans to enhance its market expansion strategies and invest in new technologies to improve operational efficiency[18] - The company’s goodwill stood at CNY 3.77 billion, slightly up from CNY 3.68 billion[14] - The company’s long-term equity investments were valued at CNY 7.60 billion, an increase from CNY 7.01 billion[14] - Other comprehensive income after tax was CNY 35,395,548.77, compared to a loss of CNY 899,998,394.82 in the previous year[25] - The company experienced a foreign exchange impact on cash and cash equivalents of 39.84 million RMB, compared to 134.92 million RMB in the previous year[27]