2021-10-28 16:00Financial Performance - The total operating income for the third quarter was RMB 179,360 million, representing a year-on-year increase of 12.75%[7] - The net profit attributable to shareholders of the parent company reached RMB 64,431 million, up 14.04% compared to the same period last year[7] - The basic earnings per share for the quarter was RMB 0.16, reflecting a 6.67% increase year-on-year[7] - The company reported a year-to-date net profit of RMB 186,709 million, which is a 12.93% increase compared to the same period last year[7] - The group achieved a net profit of CNY 187.37 billion for the nine months ended September 30, 2021, representing a year-on-year increase of 12.93%[19] - The total operating income reached CNY 544.90 billion, a year-on-year growth of 9.36%[19] - The net profit attributable to shareholders of the parent company was RMB 186,709 million, representing a 12.9% increase from RMB 165,335 million in the previous year[39] - The bank's total comprehensive income for the period was RMB 192,857 million, an increase from RMB 156,732 million in the previous year[41] - For the nine months ended September 30, 2021, the total comprehensive income amounted to RMB 196,181 million, an increase of 28.2% compared to RMB 152,956 million for the same period in 2020[43] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 28,988,663 million, an increase of 6.56% from the previous year[7] - Total assets reached CNY 289,886.63 billion, an increase of CNY 17,836.16 billion or 6.56% from the end of the previous year[20] - The bank's total assets increased to RMB 29.5 trillion, a year-on-year growth of 8.5%[41] - The total liabilities reached CNY 266,615.13 billion, an increase of CNY 16,672.12 billion or 6.67% year-on-year[20] - The total liabilities were RMB 26,661,513 million as of September 30, 2021, compared to RMB 24,994,301 million as of December 31, 2020[38] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 485,761, including 21,561 H-share shareholders[12] - The top two shareholders, Central Huijin Investment Ltd. and the Ministry of Finance of the People's Republic of China, held 40.03% and 35.29% of shares, respectively[12] Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 152,556 million, a significant improvement from a negative cash flow of RMB 289,805 million in the same period last year[10] - The net cash inflow from operating activities for the nine months ended September 30, 2021, was RMB 128,377 million, a significant improvement from a net outflow of RMB 128,692 million in the same period of 2020[44] - The cash inflow from investment activities totaled RMB 1,420,010 million, while cash outflow was RMB 1,544,529 million, resulting in a net cash flow of RMB (124,519) million for the nine months ended September 30, 2021[46] - The cash inflow from financing activities was RMB 1,321,385 million, an increase from RMB 1,261,700 million in the same period of 2020[46] Capital and Ratios - The return on equity (annualized) for the quarter was 12.74%, an increase of 0.62 percentage points compared to the previous year[7] - The annualized average return on total assets was 0.89%, up by 0.04 percentage points year-on-year[19] - The annualized weighted average return on equity was 12.17%, an increase of 0.36 percentage points year-on-year[19] - Core Tier 1 capital adequacy ratio stood at 11.18% as of September 30, 2021, compared to 11.04% at the end of the previous year[28] - The bank's leverage ratio was 7.46%, exceeding regulatory requirements[33] Loans and Advances - Total loans and advances amounted to CNY 169,115.40 billion, up CNY 17,410.98 billion or 11.48% year-on-year[20] - Non-performing loan balance was CNY 2,501.63 billion, increasing by CNY 130.50 billion, with a non-performing loan ratio of 1.48%, down 0.09 percentage points from the previous year[21] - Loans and advances in county-level financial business totaled CNY 61,003.46 billion, a growth of CNY 7,950.41 billion or 14.99%[22] Investment and Income - Net interest income was CNY 429.72 billion, reflecting a year-on-year increase of 5.86%[19] - Net commission and fee income was CNY 65.48 billion, growing by 6.53% year-on-year[19] - The bank's fee and commission income was RMB 79,229 million, up 8.5% from RMB 72,935 million in the same period last year[39] - The bank reported a significant increase in investment income, reaching RMB 20,984 million compared to RMB 570 million in the previous year[39] Digital Transformation - The bank plans to expand its digital banking services and enhance its technology infrastructure to improve customer experience and operational efficiency[41]