CCB(601939)2021-10-29 16:00Financial Performance - The net profit attributable to shareholders for the third quarter of 2021 was RMB 78,853 million, representing a 15.61% increase year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 78,976 million, up 15.69% compared to the same period last year[4] - The annualized weighted average return on equity increased to 13.26%, up 0.98 percentage points from the previous year[4] - Net profit for the nine months ended September 30, 2021, was CNY 233.17 billion, representing a year-over-year growth of 12.31%[14] - The net profit attributable to shareholders of the bank was RMB 232,153 million for the nine months ended September 30, 2021, compared to RMB 205,832 million in the same period of 2020, indicating an increase of approximately 12.7%[28] - The net profit attributable to shareholders for the nine months ended September 30, 2021, was RMB 239,768 million, an increase from RMB 188,909 million in the same period of 2020, representing a growth of approximately 27%[32] - The group reported a net profit of RMB 233,173 million for the nine months ended September 30, 2021, up from RMB 207,609 million in 2020, marking an increase of about 12.3%[39] Assets and Liabilities - The total assets of the bank reached RMB 30,135,551 million as of September 30, 2021, a 7.12% increase from December 31, 2020[4] - Total liabilities amounted to CNY 27,587.34 billion, up CNY 184.44 billion or 7.16% year-over-year[12] - The total assets of the group reached RMB 30,135,551 million as of September 30, 2021, compared to RMB 28,132,254 million at the end of 2020, representing an increase of approximately 7.1%[19] - Total liabilities amounted to RMB 27,587,342 million as of September 30, 2021, compared to RMB 25,742,901 million at the end of 2020, marking a growth of about 7.2%[19] Shareholder Information - The equity attributable to shareholders of the bank was RMB 2,522,495 million, reflecting a 6.67% increase year-on-year[4] - The total number of ordinary shareholders as of September 30, 2021, was 403,744, with A-share shareholders numbering 363,702[7] - The top shareholder, Central Huijin Investment Ltd., held 142,590,494,651 H-shares, accounting for 57.03% of H-shares[8] Dividends - The bank plans to distribute a total of RMB 2,850 million in dividends for domestic preferred shares on December 27, 2021, with a dividend rate of 4.75%[11] Cash Flow - The cash flow from operating activities for the nine months ended September 30, 2021, was RMB 473,225 million, showing a decrease of 22.51% year-on-year[4] - The total cash outflow from operating activities was RMB 2,651,965 million, down from RMB 3,235,218 million in 2020, showing a decrease of approximately 18.1%[35] - The net cash flow from operating activities for the group was RMB 473,225 million for the nine months ended September 30, 2021, compared to RMB 610,678 million for the same period in 2020, representing a decrease of approximately 22.5%[39] Loan and Deposit Information - The balance of inclusive finance loans reached CNY 17.9 trillion, an increase of CNY 369.39 billion or 26.00% from the previous year[12] - The net increase in loans and advances to customers was RMB 1,811,275 million for the nine months ended September 30, 2021, compared to RMB 2,616,386 million in the same period of 2020, showing a decrease of approximately 30.7%[34] - The net increase in deposits from customers was RMB 2,616,386 million for the nine months ended September 30, 2021, down from RMB 3,845,896 million in the same period of 2020, reflecting a decline of about 31.9%[34] - The bank's total deposits reached CNY 22.54 trillion, an increase of CNY 192.15 billion or 9.32% from the previous year[13] Capital Adequacy and Ratios - The core tier 1 capital adequacy ratio for the group was 13.40% as of September 30, 2021, a slight decrease from 13.62% at the end of 2020[45] - The leverage ratio for the group was 7.96% as of September 30, 2021, exceeding the regulatory requirement of 4%[46] - The total capital adequacy ratio for the group was 17.25% as of September 30, 2021, compared to 17.06% at the end of 2020[45] Other Financial Metrics - The bank's net interest income was CNY 448.15 billion, a growth of 4.87% year-over-year[14] - The provision coverage ratio increased to 228.55%, up 14.96 percentage points from the previous year[13] - The balance of green loans was CNY 1.82 trillion, reflecting a growth of 25.78% year-over-year[12] - The group’s commission and fee income was RMB 108,888 million for the nine months ended September 30, 2021, compared to RMB 103,088 million in the same period of 2020, indicating a growth of about 5.4%[22] - The group’s total operating income for the group reached RMB 624,405 million for the nine months ended September 30, 2021, an increase from RMB 571,435 million in the same period of 2020, representing a growth of approximately 9.1%[22]