CZBANK(SH:601916)2023-10-27 16:00Financial Performance - Net profit attributable to shareholders was RMB 5,010 million, up 9.80% from the same period last year[4] - Operating income for Q3 2023 was RMB 16,463 million, representing a 3.04% increase year-on-year[4] - The net profit attributable to shareholders for the period was RMB 127.53 billion, representing a year-on-year increase of RMB 12.16 billion or 10.54%[13] - The net profit attributable to shareholders for the first three quarters of 2023 was RMB 12,753 million, up from RMB 11,537 million in 2022, representing an increase of about 10.6%[26] - The total operating income for the same period was RMB 49,690 million, compared to RMB 47,717 million in 2022, reflecting a year-on-year growth of approximately 4.1%[24] - The total comprehensive income for the first three quarters of 2023 was RMB 12,931 million, compared to RMB 11,535 million in 2022, reflecting a year-on-year increase of approximately 12.1%[28] Asset and Liability Management - Total assets reached RMB 2,956,881 million, an increase of 12.77% compared to the end of 2022[4] - The total liabilities increased to RMB 2,770.12 billion, reflecting a growth of RMB 314.12 billion or 12.79% from the previous year[13] - The total assets of the group as of September 30, 2023, reached RMB 2,956,881 million, compared to RMB 2,621,930 million at the end of 2022, indicating a growth of approximately 12.8%[22] - The total liabilities and shareholders' equity amounted to RMB 2,956,881 million as of September 30, 2023, compared to RMB 2,621,930 million at the end of 2022[22] Loan and Deposit Growth - Total loans and advances amounted to RMB 1,697,621 million, reflecting an 11.32% growth year-on-year[4] - The total loans and advances amounted to RMB 1,697.62 billion, up by RMB 172.59 billion or 11.32% year-on-year[13] - The total deposits reached RMB 1,793.42 billion, an increase of RMB 111.74 billion or 6.66% from the previous year[13] - The net increase in customer deposits for the period was RMB 107,586 million, compared to RMB 301,143 million in the previous year[30] - The group reported a net increase in interbank and other financial institution deposits of RMB 38,818 million during the period[30] Capital Adequacy and Ratios - The capital adequacy ratio stood at 11.83%, compared to 11.60% at the end of 2022[6] - The bank's core tier 1 capital adequacy ratio was 8.28%, an increase from 8.05% at the end of 2022[6] - The capital adequacy ratio improved to 11.83%, an increase of 0.23 percentage points from the previous year[13] Income Composition - The non-interest income as a percentage of operating income rose to 27.23%, an increase of 3.59 percentage points[4] - The group’s non-interest income was RMB 13.74 billion, reflecting an increase of RMB 1.46 billion or 11.90% year-on-year, accounting for 27.65% of total revenue, up by 1.91 percentage points[13] - The net interest income for the period was RMB 35.95 billion, an increase of RMB 5.12 billion or 1.44% year-on-year, with a net interest margin of 1.90%, down by 0.16 percentage points[13] - The net interest income for the period from January 1 to September 30, 2023, was RMB 35,949 million, a slight increase from RMB 35,437 million in the same period of 2022[24] Cash Flow Analysis - The net cash flow from operating activities was not applicable, with a previous year figure of RMB (15,063) million[4] - The group reported a significant decrease in cash flow from operating activities, with a net cash outflow of RMB 15.06 billion compared to a net inflow of RMB 123.09 billion in the same period last year, a decline of 112.24%[15] - The net cash outflow from operating activities for the first three quarters of 2023 was RMB 15,063 million, contrasting with a net inflow of RMB 123,088 million in the same period of 2022[33] - The net cash flow from investing activities for the period from January 1 to September 30, 2023, was a negative RMB 47.497 million, compared to a negative RMB 72.127 million in the same period of 2022[36] - The net cash flow from financing activities was a negative RMB 24.873 million, compared to a negative RMB 11.411 million in the same period of 2022[39] Other Financial Metrics - The bank's diluted earnings per share for Q3 2023 was RMB 0.19, a decrease of 5.00% compared to the previous year[4] - The basic earnings per share for the first three quarters of 2023 was RMB 0.53, an increase from RMB 0.48 in the same period of 2022[28] - The non-performing loan balance was RMB 24.55 billion, up by RMB 2.20 billion or 9.82% compared to the end of the previous year, with a non-performing loan ratio of 1.45%, down by 0.02 percentage points[13] - The impact of exchange rate changes on cash and cash equivalents was RMB 596 million, down from RMB 1,831 million in the previous year[39] - The ending balance of cash and cash equivalents was RMB 82.875 million, compared to RMB 79.414 million at the end of the same period last year[39]