NJBK(SH:601009)2021-10-29 16:00Financial Performance - The company's operating income for Q3 2021 reached CNY 10,064,143, representing a year-on-year increase of 37.73%[4] - Net profit attributable to shareholders for Q3 2021 was CNY 3,889,824, up 35.69% year-on-year[4] - Basic earnings per share for Q3 2021 was CNY 0.37, reflecting a 27.59% increase compared to the same period last year[4] - For the first three quarters, operating income was RMB 30.302 billion, an increase of RMB 5.256 billion, with a year-on-year growth of 20.99%[15] - Net profit attributable to shareholders for the first three quarters was RMB 12.344 billion, up RMB 2.256 billion, with a year-on-year increase of 22.36%[15] - In Q3 alone, net profit attributable to shareholders was RMB 3.890 billion, showing a year-on-year growth of 35.69%[15] - Basic earnings per share were RMB 1.21, reflecting a year-on-year increase of 14.15%[15] - Total comprehensive income amounted to RMB 4,389,450 thousand, an increase from RMB 2,402,692 thousand year-over-year[37] Assets and Liabilities - Total assets as of September 30, 2021, amounted to CNY 1,709,317,109, a 12.67% increase from the end of the previous year[4] - The bank's total liabilities as of September 30, 2021, were ¥1,590,305,073, compared to ¥1,409,042,793 at the end of 2020[35] - Total deposits amounted to RMB 1,047.829 billion, up RMB 101.618 billion, with a growth rate of 10.74%[15] - Total loans reached RMB 782.119 billion, increasing by RMB 107.532 billion, reflecting a growth of 15.94%[15] - The bank's equity attributable to shareholders reached ¥117,778,707, an increase from ¥106,876,127 year-over-year[35] Cash Flow - The company's cash flow from operating activities for the first nine months of 2021 was CNY 81,136,346, showing a significant increase of 1,625.18% year-on-year[4] - Net cash flow from operating activities reached RMB 81,136,346 thousand, significantly up from RMB 4,703,076 thousand in the previous year[39] - Cash inflow from investment activities totaled RMB 929,825,125 thousand, up from RMB 727,619,382 thousand year-over-year[39] - Net cash flow from financing activities was RMB 25,064,297 thousand, slightly down from RMB 26,510,917 thousand in the previous year[40] Risk Management and Asset Quality - The non-performing loan (NPL) ratio remained stable at 0.91% as of September 30, 2021, consistent with the previous year's ratio[29] - The provision coverage ratio for non-performing loans was reported at 395.90%, indicating robust risk management practices[29] - The migration rate for normal loans decreased to 1.02% from 1.38% in the previous year, suggesting improved asset quality[27] Revenue Streams - The company reported a significant increase in commission income by 30.43% year-on-year, totaling CNY 4,937,723[7] - Commission income increased significantly, with net commission income of 4.638 billion yuan, up 32.85% year-on-year, driven by wealth management and investment banking services[16] - Retail banking revenue grew by 34% year-on-year to 6.566 billion yuan, accounting for 22.67% of total revenue, with retail customer AUM reaching 553.623 billion yuan, a 13.66% increase[17] - The transaction banking business achieved a volume of 156.1 billion yuan, a year-on-year growth of 16.9%[18] Capital Adequacy - The capital adequacy ratio improved to 13.57% as of September 30, 2021, compared to 14.75% at the end of 2020[29] - The core tier 1 capital adequacy ratio was reported at 10.09%, an increase from 9.97% at the end of 2020[28] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[38] - The company opened five new branches in the first three quarters, focusing on local service and integration into the economy[21]