2023-10-27 16:00Financial Performance - Net profit for Q3 2023 decreased by 6.04% to CNY 1.45 billion compared to Q3 2022[4] - Net profit attributable to shareholders decreased by 6.37% to CNY 1.36 billion in Q3 2023[4] - The net profit for the nine months ended September 30, 2023, was CNY 4.499 billion, an increase of CNY 62 million, representing a growth of 1.40% year-on-year[17] - Operating revenue for the same period was CNY 10.248 billion, a decrease of CNY 410 million, indicating a decline of 3.84% compared to the previous year[17] - Total profit for the first nine months of 2023 was RMB 5,102,833 thousand, a decrease of 5.02% compared to RMB 5,372,228 thousand in 2022[26] - Net profit attributable to shareholders was RMB 4,270,278 thousand, slightly up from RMB 4,241,288 thousand in 2022, reflecting a growth of 0.69%[27] - Total operating income for the first nine months of 2023 was RMB 10,247,561 thousand, down from RMB 10,657,289 thousand in 2022, a decrease of 3.84%[24] Assets and Liabilities - Total assets increased by 8.29% to CNY 741.48 billion compared to the end of 2022[3] - Total liabilities amounted to RMB 685.96 billion, reflecting an increase of 8.34% from RMB 633.22 billion in the previous year[21] - As of September 30, 2023, the total assets of the group reached CNY 741.482 billion, an increase of CNY 56.769 billion, representing a growth of 8.29% compared to the end of the previous year[16] - Total cash inflow from investment activities increased to RMB 64,967,389 thousand in 2023 from RMB 62,258,166 thousand in 2022, representing a growth of about 4%[37] Customer Loans and Deposits - Customer loans and advances rose by 9.52% to CNY 386.15 billion year-on-year[3] - The bank's total customer deposits increased by 6.77% to CNY 408.49 billion compared to the end of 2022[3] - Customer deposits amounted to CNY 408.486 billion, an increase of CNY 25.892 billion, with a growth rate of 6.77%[17] - Total customer loans and advances reached CNY 386.147 billion, an increase of CNY 33.573 billion, reflecting a growth rate of 9.52%[17] Capital Adequacy and Ratios - Core Tier 1 capital adequacy ratio stood at 9.40% as of September 30, 2023, down from 9.52% at the end of 2022[7] - The core Tier 1 capital adequacy ratio was 9.40%, while the total capital adequacy ratio stood at 12.48%, meeting the latest regulatory requirements[17] - The liquidity coverage ratio improved to 275.90% as of September 30, 2023, up from 242.19% at the end of 2022[10] Cash Flow and Investments - Operating cash flow for Q3 2023 showed a significant decline of 69.16%, resulting in a net outflow of CNY 2.28 billion[11] - Net cash flow from operating activities for the nine months ended September 30, 2023, was negative at RMB 9,072,256 thousand, compared to negative RMB 11,615,917 thousand in the same period of 2022, showing an improvement of approximately 22%[35] - Cash inflow from bond issuance and interbank deposits was $126,208,475, slightly up from $125,680,124 in the same period last year, representing an increase of 0.42%[44] - Cash outflow from investment activities rose to RMB 83,565,473 thousand in 2023, compared to RMB 74,843,882 thousand in 2022, indicating an increase of approximately 11.5%[37] Shareholder Information - The number of ordinary shareholders reached 51,899 as of the report date[12] - The bank's equity attributable to shareholders increased to RMB 53.21 billion, up 7.57% from RMB 49.34 billion as of December 31, 2022[21] Non-Performing Loans - The non-performing loan balance was CNY 5.106 billion, an increase of CNY 271 million, with a non-performing loan ratio of 1.33%, down by 0.05 percentage points from the end of the previous year[17] - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies[22] - The provision coverage ratio improved to 225.38%, an increase of 14.19 percentage points compared to the end of the previous year[17] Future Outlook - The bank plans to expand its market presence through new product offerings and technological advancements in the upcoming quarters[22]