2022-10-27 16:00Financial Performance - Net profit attributable to shareholders for the first three quarters of 2022 was RMB 47.10 billion, a year-on-year increase of 12.81%[6] - Operating income for the first three quarters was RMB 160.43 billion, representing a growth of 3.37% year-on-year[6] - Net interest income reached RMB 111.35 billion, with a year-on-year growth of 0.60%[10] - Non-interest income increased by 10.25% year-on-year, totaling RMB 49.07 billion[10] - The annualized return on average total assets was 0.69%, up 0.04 percentage points from the previous year[6] - The net interest margin was 1.96%, a decrease of 0.10 percentage points compared to the previous year[10] - The total operating income for the group in the first nine months of 2022 was RMB 160,426 million, an increase from RMB 155,198 million in the same period of 2021, representing a growth of approximately 1.4%[38] - The group's net profit for the first nine months of 2022 was RMB 47,732 million, compared to RMB 42,360 million in the same period of 2021, reflecting a growth of about 12.5%[38] - The net profit for the group for the nine months ended September 30, 2022, was RMB 47,732 million, an increase of 12.5% compared to RMB 42,360 million in the same period of 2021[39] - The net profit attributable to shareholders of the bank was RMB 47,103 million, up from RMB 41,756 million, reflecting a growth of 12.5%[39] Asset and Liability Management - As of September 30, 2022, total assets reached RMB 8,622.38 billion, an increase of 7.21% compared to the end of 2021[4] - Total loans and advances amounted to RMB 5,098.23 billion, reflecting a growth of 4.99% year-on-year[4] - Total liabilities were RMB 7,944.17 billion, up 7.35% from the previous year-end[4] - Customer deposits totaled RMB 5,027.49 billion, marking a 6.14% increase compared to the end of 2021[4] - The total assets of the group reached RMB 8,622,384 million, an increase from RMB 8,042,884 million in the previous year[34] - The total liabilities for the group as of September 30, 2022, amounted to RMB 7,944,166 million, an increase from RMB 7,400,258 million at the end of 2021, indicating a growth of approximately 7.4%[36] - The total equity attributable to shareholders of the bank was RMB 657,703 million as of September 30, 2022, compared to RMB 626,303 million at the end of 2021, marking an increase of about 5.0%[36] Risk Management - The bank continues to enhance risk management capabilities, focusing on the application of big data and artificial intelligence in risk control[20] - The bank maintains a prudent credit policy in the real estate sector, supporting reasonable financing needs of real estate enterprises while managing existing credit risks[21] - The bank has implemented a dynamic risk management approach, emphasizing project entry, fund closure, and monitoring[21] - The bank's risk management strategy includes detailed management of problem assets and proactive risk resolution plans for high-risk clients[21] - The provision coverage ratio improved to 201.88%, an increase of 21.81 percentage points year-on-year[14] - The non-performing loan balance decreased to CNY 64.75 billion, down CNY 2.71 billion from the end of the previous year, with a non-performing loan ratio of 1.27%, down 0.12 percentage points[14][15] Capital and Liquidity - The core tier 1 capital adequacy ratio was 8.72%, down 0.13 percentage points from the end of the previous year[16] - The liquidity coverage ratio stood at 136.79%, above the regulatory requirement of 100%[19] - The bank's total qualified liquid assets amounted to CNY 926.41 billion, with a net cash outflow of CNY 677.27 billion over the next 30 days[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 148,502, with 121,267 A-share shareholders and 27,235 H-share shareholders[22] - China CITIC Limited holds 31,988,728,773 shares, accounting for 65.37% of the total shares, making it the largest shareholder[23] - The bank's total shareholding by China CITIC Limited and its subsidiaries is 32,284,227,773 shares, representing 65.97% of the total shares[25] - The total equity held by the largest shareholder, CITIC Limited, after the transfer of shares to CITIC Financial Holdings, is 31,406,992,773 shares, representing 64.18% of the total share capital[30][31] Cash Flow and Investment Activities - The net cash flow from operating activities for the group was RMB 4,891 million, a significant improvement from a net outflow of RMB 22,581 million in the same period last year[43] - The total cash inflow from operating activities reached RMB 755,949 million, up from RMB 558,780 million year-on-year, indicating a growth of approximately 35.3%[43] - The net increase in customer deposits was RMB 262,717 million, compared to RMB 171,473 million in the previous year, reflecting a year-on-year increase of 53.2%[43] - The net cash flow from investment activities was a negative RMB 91,705 million, an improvement from a negative RMB 171,835 million in the same period last year[46] - The cash inflow from financing activities was RMB 692,368 million, slightly down from RMB 708,374 million year-on-year[46] - The net cash flow from financing activities was RMB 69,355 million, compared to RMB 168,417 million in the previous year, showing a decrease of 58.8%[46] - The total cash and cash equivalents at the end of the period amounted to RMB 247,601 million, down from RMB 291,095 million at the end of the same period last year[46] - The cash inflow from interest, fees, and commissions was RMB 267,390 million, nearly unchanged from RMB 267,258 million in the previous year[43]