NJBK(SH:601009)2022-10-28 16:00Financial Performance - In Q3 2022, Nanjing Bank reported operating income of RMB 11,656,094 thousand, a year-on-year increase of 15.82%[4] - The net profit attributable to shareholders was RMB 4,820,219 thousand, reflecting a year-on-year growth of 23.92%[4] - The basic earnings per share for Q3 2022 was RMB 0.45, up 21.62% compared to the same period last year[5] - The company achieved an operating income of RMB 35.188 billion, an increase of RMB 4.887 billion, with a year-on-year growth rate of 16.13%[19] - The net profit attributable to shareholders was RMB 14.971 billion, an increase of RMB 2.627 billion, representing a year-on-year growth of 21.28%[19] - Basic earnings per share were RMB 1.45, reflecting a year-on-year increase of 19.83%[19] - The bank's net profit for the period was not disclosed in the provided content, but the increase in total assets and equity suggests positive performance trends[39] Asset and Liability Growth - Total assets as of September 30, 2022, reached RMB 1,944,194,168 thousand, an increase of 11.16% from the end of the previous year[5] - The total liabilities amounted to RMB 1,808.917 billion, increasing by RMB 182.535 billion, with a growth rate of 11.22% from the start of the year[18] - The total assets as of September 30, 2022, reached RMB 1,944.19 billion, up from RMB 1,748.95 billion at the end of 2021[28] - The bank's total liabilities amounted to RMB 1,808,917,302 thousand, up from RMB 1,626,381,955 thousand, indicating a growth of 11.19%[39] Loan and Deposit Information - Total deposits reached RMB 1,222.969 billion, up by RMB 151.265 billion, reflecting a growth of 14.11% year-to-date[18] - The total personal deposits amounted to RMB 287.53 billion, an increase of RMB 47.11 billion or 19.60% from the beginning of the year, accounting for 23.51% of total deposits, up 1.08 percentage points[22] - Retail loans totaled RMB 266.50 billion, increasing by RMB 28.22 billion or 11.84% year-to-date, representing 28.74% of total loans[22] - Loans and advances to customers reached RMB 896,532,851 thousand, an increase of 17.39% from RMB 763,867,264 thousand in the previous year[39] - Customer deposits rose to RMB 1,243,356,741 thousand, compared to RMB 1,087,967,569 thousand, reflecting an increase of 14.31%[39] Non-Performing Loans and Risk Management - The company's non-performing loan ratio is 0.90%, down 0.01 percentage points from the beginning of the year, with a provision coverage ratio of 398.27%, up 0.93 percentage points[20] - The non-performing loan ratio stands at 0.90% as of September 30, 2022, maintaining stability compared to previous periods[32] - The coverage ratio for non-performing loans is at 398.27%, indicating a strong provision against potential losses[32] Capital and Investment - The company completed the acquisition of a controlling stake in Suning Consumer Finance Co., increasing its shareholding to 56%[25] - The company plans to increase its investment in Suning Consumer Finance Co. by RMB 2.914 billion, raising its stake to 65%[25] - The bank's available stable funding amounts to CNY 1,065,970,855, with required stable funding at CNY 938,032,735, resulting in a net stable funding ratio of 113.64%[38] - The total capital net amount is CNY 162,635,819, with a core Tier 1 capital of CNY 124,490,600[31] Cash Flow and Liquidity - The net cash flow from operating activities for the first nine months of 2022 was RMB 15,222,994 thousand, down 81.24% year-on-year[4] - The liquidity coverage ratio is reported at 277.29%, indicating strong liquidity management[36] Strategic Initiatives - The company has implemented strategic measures to enhance transformation momentum and ensure high-quality development amidst economic challenges[17] - The bank plans to expand its market presence by increasing its branch network by 10% in 2023[40]