2023-10-27 16:00Financial Performance - Operating income for the current period was RMB 167.6 billion, a decrease of 3.40% compared to the adjusted RMB 173.5 billion from the same period last year[5] - Net profit attributable to shareholders of the parent company reached RMB 74.1 billion, an increase of 7.76% from RMB 68.8 billion in the previous year[5] - Net profit excluding non-recurring gains and losses was RMB 73.9 billion, up 7.21% from RMB 68.9 billion year-on-year[5] - Total operating income for the nine months ended September 30, 2023, was RMB 533,358 million, slightly down from RMB 536,227 million in the same period of 2022, reflecting a decrease of about 0.3%[35] - The bank's total comprehensive income for the nine months ended September 30, 2023, was RMB 69,980 million, compared to RMB 80,172 million in the same period of 2022, indicating a decrease of approximately 12.5%[38] - The net profit for the nine months ending September 30, 2023, was CNY 207.79 billion, an increase of 5.22% year-on-year[86] - The bank's profit before tax for the first nine months of 2023 was RMB 230.9 billion, an increase of 1.1% from RMB 228.3 billion in the same period of 2022[119] Assets and Liabilities - Total assets amounted to RMB 38.7 trillion, an increase from RMB 33.9 trillion at the end of 2022[27] - The total liabilities as of September 30, 2023, amounted to RMB 35,876,558 million, an increase from RMB 31,251,728 million as of December 31, 2022, representing a growth of about 14.5%[34] - Total assets reached CNY 38,698.016 billion, an increase of 14.07% compared to the end of the previous year[87] - Total liabilities reached RMB 35,876.56 billion, an increase of RMB 4,624.83 billion or 14.80% compared to the end of the previous year[60] Capital and Equity - As of September 30, 2023, the core Tier 1 capital adequacy ratio was 10.44%, slightly down from 11.15% at the end of 2022[21] - Shareholder equity increased by RMB 147.7 billion to RMB 28.2 trillion, reflecting a growth of 5.52%[15] - The total equity attributable to shareholders of the parent company was RMB 2,815,621 million as of September 30, 2023, compared to RMB 2,668,063 million at the end of 2022, marking an increase of approximately 5.5%[34] Loans and Advances - The bank's total loans and advances reached RMB 21.4 trillion, up from RMB 19.0 trillion at the end of 2022[27] - Manufacturing loans reached RMB 2,995.5 billion, increasing by RMB 695.1 billion or 30% compared to the end of last year[63] - Green credit business balance was RMB 3,831.3 billion, up RMB 1,133.8 billion or 42% year-on-year[63] - Total loans and advances amounted to CNY 22,337.406 billion, an increase of 13.02% from the end of the previous year[87] Income and Expenses - Net interest income for the nine months ended September 30, 2023, was RMB 433,628 million, compared to RMB 447,987 million in the same period of 2022, indicating a decrease of approximately 3.2%[35] - The bank's total operating expenses decreased by 2.4% to RMB 288.8 billion for the first nine months of 2023, compared to RMB 294.7 billion in the same period of 2022[119] - The cost-to-income ratio was 29.14%, an increase of 1.61 percentage points year-on-year[87] Dividends and Shareholder Returns - The bank plans to distribute cash dividends of RMB 21.28 billion to preferred shareholders on November 6, 2023, based on a dividend rate of 5.32%[18] - A cash dividend of RMB 0.2222 per ordinary share was distributed, totaling RMB 77.77 billion (including tax) to shareholders[65] Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 1.38 trillion, a slight decrease of 0.78% compared to the previous year[5] - The net cash inflow from operating activities was RMB 1,378,296 million, slightly down from RMB 1,389,197 million in the previous year[105] - The net cash inflow from investment activities was RMB 1.99 billion, compared to RMB 1.65 billion in the same period of 2022, representing an increase of 20.4%[106] Credit Quality - Non-performing loan balance stood at RMB 299.84 billion, an increase of RMB 28.78 billion, with a non-performing loan ratio of 1.35%, down 0.02 percentage points from the end of last year[61] - The liquidity coverage ratio averaged 126.9% in Q3 2023, an increase of 0.4 percentage points from the previous quarter[96] - The liquidity coverage ratio stood at 126.9%[97] - The non-performing loan ratio remained stable, reflecting the quality of the asset portfolio[88] Investment Income - The bank's investment income for the nine months ended September 30, 2023, was RMB 20,202 million, a significant increase from RMB 7,537 million in the same period of 2022, reflecting an increase of approximately 168.5%[35]