BANK OF CHANGSHA(SH:601577)2022-10-28 16:00Financial Performance - Operating income for Q3 2022 reached RMB 6,033,067, an increase of 13.13% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 1,770,042, reflecting a growth of 13.51% year-on-year[4] - Net profit excluding non-recurring gains and losses for the period was RMB 1,747,407, up 13.38% from the previous year[5] - The operating income for the first three quarters was CNY 17.29 billion, representing a year-on-year growth of 10.21%[20] - The net profit attributable to shareholders was CNY 5.35 billion, showing a year-on-year increase of 6.19%[20] - Net profit for the third quarter of 2022 was CNY 5,593,027, compared to CNY 5,245,577 in the same quarter of 2021, representing an increase of 6.63%[25] - Net profit for the first three quarters of 2022 was RMB 5,127,169 thousand, compared to RMB 4,839,639 thousand in 2021, marking an increase of 5.95%[31] - The comprehensive income for the first three quarters of 2022 was RMB 5,380,168 thousand, compared to RMB 4,938,592 thousand in the previous year, an increase of 8.9%[32] Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 878,673,018, representing a 10.37% increase from the end of the previous year[5] - As of the end of Q3 2022, the total assets of Changsha Bank reached CNY 878.67 billion, an increase of CNY 82.52 billion or 10.37% from the beginning of the year[20] - The bank's total liabilities increased to CNY 817,615,879, up from CNY 739,504,359, marking a growth of 10.59%[23] - Total assets reached CNY 878,673,018, compared to CNY 796,150,318, indicating an increase of 10.35%[23] - The bank's total liabilities increased to 787,968,759 thousand RMB, compared to 714,217,108 thousand RMB in the previous year, reflecting a rise of about 10.3%[30] Capital and Ratios - The capital adequacy ratio was reported at 13.20%[7] - The liquidity coverage ratio was 194.08%, with high-quality liquid assets totaling RMB 136,249,489[9] - The net stable funding ratio was 119.57% as of September 30, 2022[10] - The non-performing loan ratio stood at 1.20% as of September 30, 2022[13] - The non-performing loan ratio was 1.16%, a decrease of 0.04 percentage points from the beginning of the year[20] - The provision coverage ratio stood at 309.94%, with a provision to loan ratio of 3.60%[20] Earnings and Income - Basic earnings per share for the period was RMB 0.44, an increase of 12.82% year-on-year[5] - The weighted average return on equity was 3.39%, an increase of 0.09 percentage points compared to the previous year[5] - Net interest income was CNY 13,120,266, up from CNY 12,042,511, reflecting a growth of 8.95% year-over-year[24] - The bank's investment income rose to CNY 2,263,614, compared to CNY 1,724,446, reflecting a significant increase of 31.2%[24] - The bank's investment income rose to RMB 2,288,690 thousand, compared to RMB 1,838,469 thousand in the same period last year, indicating a growth of 24.5%[31] Cash Flow and Deposits - Net cash flow from operating activities decreased to -22,248,435 thousand RMB in the first three quarters of 2022, compared to 17,286,231 thousand RMB in the same period of 2021[27] - The bank's cash and deposits with the central bank amounted to CNY 48.30 billion as of September 30, 2022, down from CNY 54.25 billion at the end of 2021[22] - The bank's cash and cash equivalents decreased to 18,821,028 thousand RMB at the end of Q3 2022, down from 25,492,850 thousand RMB at the end of 2021[28] - The net increase in customer deposits and interbank placements was RMB 45,755,034 thousand, up from RMB 33,792,752 thousand, reflecting a growth of 35.4%[33] - Customer deposits and interbank placements increased by 46,488,970 thousand RMB, up from 34,894,043 thousand RMB year-on-year, reflecting a growth of approximately 33.4%[27] Other Financial Metrics - The bank's total expenses increased to RMB 8,982,459 thousand from RMB 8,243,377 thousand, representing a rise of 8.97%[31] - The bank's total equity attributable to shareholders of the parent company was CNY 59,219,213, up from CNY 55,021,967, reflecting a growth of 3.98%[23] - The bank's total equity reached 58,151,612 thousand RMB, an increase from 54,178,988 thousand RMB in the previous year, reflecting a growth of approximately 7.2%[30] - The bank's net increase in interbank borrowing was 6,559,402 thousand RMB, up from 5,567,474 thousand RMB year-on-year, indicating a growth of about 17.8%[29]