2022-10-28 16:00Financial Performance - The total operating income for the third quarter was RMB 177,424 million, a decrease of 1.08% compared to the same period last year[4] - The net profit attributable to shareholders of the parent company reached RMB 68,560 million, an increase of 6.41% year-on-year[4] - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was RMB 68,714 million, up 6.71% from the previous year[4] - The basic earnings per share for the quarter was RMB 0.18, reflecting a 12.50% increase compared to the same period last year[4] - The group achieved a net profit of CNY 197.30 billion for the nine months ending September 30, 2022, representing a year-on-year growth of 5.30%[14] - The bank's net profit attributable to shareholders for the first nine months of 2022 was RMB 197,505 million, compared to RMB 186,709 million in the same period of 2021, indicating an increase of 5.5%[34] - For the nine months ended September 30, 2022, the net profit was RMB 191,869 million, a slight increase from RMB 191,223 million in the same period of 2021, reflecting a growth of 0.34%[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 33,826,452 million, representing a year-on-year increase of 16.37%[4] - Total assets reached CNY 33,826.45 billion, an increase of CNY 4,757.30 billion or 16.37% compared to the end of the previous year[16] - The total liabilities increased to CNY 31,194.57 billion, a growth of CNY 4,546.78 billion or 17.06% compared to the end of the previous year[17] - The total liabilities increased to RMB 31,194,574 million as of September 30, 2022, representing a 17.5% rise from RMB 26,647,796 million at the end of 2021[33] - The total equity attributable to shareholders of the parent company was RMB 2,625,417 million, an increase of 8.73% from the end of the previous year[5] - The bank's total equity as of September 30, 2022, was RMB 2,631,878 million, up from RMB 2,421,359 million at the end of 2021, marking an increase of 8.7%[33] Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 1,389,197 million, showing a significant increase of 810.61% compared to the same period last year[7] - The net cash flow from operating activities for the group was RMB 1,389,197 million, a significant increase from RMB 152,556 million in the same period of 2021[39] - The total cash inflow from investment activities was RMB 1,684,720 million, compared to RMB 1,420,010 million in the previous year[40] - The net cash flow from financing activities amounted to RMB 332,660 million, up from RMB 17,104 million in the same period last year[41] - The group's cash and cash equivalents at the end of the period reached RMB 2,012,707 million, an increase from RMB 1,214,612 million at the end of the same period in 2021[41] Loans and Advances - The total amount of loans and advances was CNY 19,372.93 billion, up CNY 2,197.86 billion or 12.80% from the end of the previous year[16] - As of September 30, 2022, the manufacturing loan balance reached RMB 2,277.5 billion, an increase of RMB 532 billion, representing a growth of 30% compared to the end of the previous year[20] - The balance of green credit business was RMB 2,547.0 billion, up by RMB 569.2 billion, marking a growth of 29% year-on-year[20] - The balance of inclusive micro and small enterprise loans stood at RMB 1,789.8 billion, increasing by RMB 467.9 billion, which is a growth of 35% compared to the previous year[20] Risk Management - The non-performing loan balance was CNY 269.70 billion, with a non-performing loan ratio of 1.40%, down 0.03 percentage points from the end of the previous year[18] - The provision coverage ratio improved to 302.65%, an increase of 2.92 percentage points from the end of the previous year[18] - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies in place[34] Capital Adequacy - The core tier 1 capital adequacy ratio as of September 30, 2022, was 11.12%, down from 11.44% at the end of 2021[25] - The total capital adequacy ratio was 17.46% as of September 30, 2022, compared to 17.13% at the end of 2021[25] - The leverage ratio as of September 30, 2022, was 7.36%, which is above the regulatory requirement[30] Income and Expenses - The net interest income was CNY 448.05 billion, reflecting a year-on-year increase of 4.27%[14] - The net interest income for the first nine months of 2022 was RMB 448,050 million, up from RMB 429,717 million in the same period of 2021, reflecting a growth of 4.9%[34] - The bank's interest income for the first nine months of 2022 was RMB 825,536 million, compared to RMB 748,545 million in the same period of 2021, showing a growth of 10.3%[34] - The bank's fee and commission income for the first nine months of 2022 was RMB 77,738 million, slightly down from RMB 79,229 million in the same period of 2021[34] - The bank's total operating expenses for the nine months ended September 30, 2022, were RMB 294,688 million, compared to RMB 283,363 million in the same period of 2021, reflecting an increase of 4.67%[36] Future Outlook - The bank plans to continue expanding its market presence and enhancing its digital banking capabilities to drive future growth[34]