2023-10-27 16:00Financial Performance - In Q3 2023, the company's operating income was RMB 7,034.0 million, a decrease of 2.67% compared to the same period last year[8]. - The net profit for Q3 2023 was RMB 3,023.7 million, representing an increase of 3.48% year-on-year[8]. - The group's operating income for the first nine months of 2023 was RMB 21.900 billion, a decrease of 2.91% year-on-year[25]. - The net profit for the first nine months of 2023 was RMB 10.144 billion, representing a year-on-year growth of 7.71%[25]. - The annualized return on average total assets remained stable at 0.97% compared to the same period last year[25]. - The bank's total operating income for the first nine months of 2023 was CNY 21,899,501 thousand, down from CNY 22,556,531 thousand in 2022, reflecting a decline of about 2.9%[40]. - Net profit for the first nine months of 2023 was CNY 9,053,344, up 9.7% from CNY 8,250,733 in the same period of 2022[50]. Assets and Liabilities - The total assets as of September 30, 2023, reached RMB 1,447,456.6 million, an increase of 7.07% from the end of 2022[8]. - The total liabilities amounted to RMB 1,325,001.7 million, reflecting a growth of 7.13% from the previous year-end[8]. - Customer loans and advances totaled RMB 679,258.4 million, up 7.36% compared to the end of 2022[8]. - The total equity attributable to shareholders increased by RMB 7.439 billion or 6.47% to RMB 122.455 billion[26]. - The bank's total liabilities rose to CNY 1,325,001,666 thousand as of September 30, 2023, up from CNY 1,236,844,964 thousand at the end of 2022, marking an increase of approximately 7.1%[37]. - The total liabilities increased to CNY 1,255,661,674, up from CNY 1,179,284,995, indicating a growth of 6.5%[47]. Customer Deposits and Loans - Customer deposits increased to RMB 907,832.6 million, marking a rise of 10.05% year-on-year[8]. - Customer deposits increased by RMB 82.886 billion or 10.05% to RMB 907.833 billion as of September 30, 2023[26]. - The non-performing loan balance was RMB 8.175 billion, with a non-performing loan ratio of 1.20%, a decrease of 0.02 percentage points from the end of the previous year[27]. - Customer deposits and interbank deposits increased by CNY 76,720,107 thousand in 2023, compared to CNY 85,799,183 thousand in 2022, indicating a decrease of about 10.5%[43]. Earnings and Cash Flow - The basic and diluted earnings per share for Q3 2023 were RMB 0.25, up 4.17% from the same period last year[8]. - The net cash flow from operating activities showed a significant decline of 87.62% year-on-year, primarily due to a decrease in cash inflows[12]. - The net cash flow from operating activities for the first nine months of 2023 was CNY 9,963,580 thousand, a significant decrease from CNY 80,494,816 thousand in 2022[43]. - The company reported a net cash inflow from investment activities of CNY 21,284,445, compared to a net inflow of CNY 685,301 in the previous period[44]. - The cash and cash equivalents at the end of the period were CNY 31,908,158, a decrease from CNY 33,287,851 at the end of the previous year[44]. Capital Adequacy and Ratios - The core Tier 1 capital adequacy ratio stood at 13.18%, up from 13.10% at the end of 2022[20]. - The liquidity coverage ratio was reported at 342.56%, indicating strong liquidity management[24]. - The return on average equity (annualized) was 9.84%, down by 0.37 percentage points compared to the previous year[8]. Investment and Impairment - Credit impairment losses decreased by 35.12% year-on-year to RMB 3.331 billion[25]. - The company’s credit impairment losses decreased to CNY 2,850,778 from CNY 4,808,855, showing a reduction of 40.5%[50]. - The bank's investment income for the first nine months of 2023 was CNY 1,531,219 thousand, slightly down from CNY 1,546,177 thousand in 2022, a decrease of about 1.0%[40].