NJBK(SH:601009)2023-10-30 16:00Financial Performance - In Q3 2023, the operating revenue was CNY 11,388,220 thousand, a decrease of 2.30% year-on-year[4]. - The net profit attributable to shareholders was CNY 4,599,422 thousand, down 4.58% year-on-year[4]. - The diluted earnings per share was CNY 0.37, a decrease of 5.13% year-on-year[5]. - The weighted average return on equity was 3.14%, down 0.54 percentage points year-on-year[5]. - The company reported a net profit attributable to shareholders of CNY 15.28 billion, an increase of CNY 0.31 billion or 2.09% year-on-year[13]. - Net interest income decreased to CNY 19.88 billion, down CNY 0.57 billion or 2.79% year-on-year, accounting for 55.71% of total revenue[13]. - Non-interest income increased to CNY 15.81 billion, up CNY 1.08 billion or 7.30% year-on-year, representing 44.29% of total revenue[13]. - The company reported a total comprehensive income of 4,320,701 thousand RMB for Q3 2023, a decrease from 4,867,901 thousand RMB in Q3 2022[34]. - Net profit for Q3 2023 was 4,632,738 thousand RMB, a decrease of 4.8% from 4,866,867 thousand RMB in Q3 2022[34]. Asset and Liability Management - Total assets increased to CNY 2,240,678,969 thousand, up 8.80% compared to the end of the previous year[5]. - Total liabilities amounted to CNY 2,071.14 billion, up CNY 169.36 billion or 8.91% year-to-date[12]. - The total liabilities amounted to approximately 2,071.14 billion RMB, compared to 1,901.78 billion RMB at the end of 2022[21]. - The bank's total equity increased to 169,538,148 thousand RMB from 157,698,835 thousand RMB, marking a growth of approximately 7.36%[33]. Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 37,776,700 thousand, an increase of 148.16%[4]. - The net cash flow from operating activities for the first nine months of 2023 was 37,776,700 thousand RMB, an increase from 15,222,994 thousand RMB in the same period of 2022[35]. - The liquidity coverage ratio is reported at 178.87%, showcasing the bank's ability to meet short-term obligations[30]. - The net stable funding ratio stands at 109.84%, indicating a strong liquidity position for the bank[31]. - The bank's cash and deposits with the central bank amounted to 114,231,223 thousand RMB, indicating a solid liquidity buffer[33]. Investment and Income Growth - Other business income increased by 45.69% to CNY 223,913 thousand[7]. - The investment income rose by 43.44% to CNY 11,107,073 thousand[6]. - Investment income increased to 11,107,073 thousand RMB for the first nine months of 2023, a significant rise of 43.5% compared to 7,743,198 thousand RMB in 2022[34]. Customer and Loan Management - Retail customer AUM reached CNY 720.52 billion, an increase of CNY 99.58 billion or 16.04% year-to-date[16]. - The balance of corporate RMB loans was CNY 805.44 billion, an increase of CNY 130.70 billion year-to-date[15]. - The number of retail loan customers increased by 7,098 since the beginning of the year, reflecting the company's focus on small and micro enterprises[15]. - The total loan amount as of September 30, 2023, was approximately 1,087.56 billion RMB, up from 945.91 billion RMB at the end of 2022[21]. - The loan balance on the balance sheet was 28.5 billion RMB, with a net increase of 24.5 billion RMB since the beginning of the year[17]. Credit Quality and Risk Management - The non-performing loan ratio remained stable at 0.90%, unchanged from the beginning of the year, with a provision coverage ratio of 380.88%[14]. - The interest recovery rate remains high at 96.52%, reflecting effective credit management practices[30]. - The proportion of loans to the single largest customer is 1.46%, while the top ten customers account for 9.40% of total loans, indicating a diversified loan portfolio[30]. Branch Expansion and Market Presence - The company opened several new branches in 2023, including the Nanjing Tangshan branch on July 3 and the Nantong Jinsha branch on August 15[19]. - As of the end of the reporting period, the financial assets of private diamond clients exceeded 210 billion RMB[17]. - The total number of credit cards issued reached 2.21 million by the end of the reporting period[17].