2023-10-26 16:00Financial Performance - Net profit attributable to shareholders for Q3 2023 was RMB 15.37 billion, a year-on-year increase of 5.40%[9] - For the first nine months of 2023, net profit attributable to shareholders was RMB 51.43 billion, up 9.19% year-on-year[15] - The total operating income for the group in the first nine months of 2023 was RMB 156,228 million, a decrease of 1.4% compared to RMB 160,426 million in the same period of 2022[45] - The group's net profit for the first nine months of 2023 was RMB 52,262 million, representing a 9.0% increase compared to RMB 47,732 million in 2022[46] - The net profit for the group in Q3 2023 was RMB 15,555 million, an increase from RMB 14,797 million in Q3 2022, representing a growth of 5.2%[48] Assets and Liabilities - As of September 30, 2023, total assets reached RMB 8,922.03 billion, an increase of 4.38% compared to the end of 2022[7] - Total liabilities were RMB 8,198.57 billion, up 4.28% from the previous year[7] - Customer deposits totaled RMB 5,456.28 billion, marking a 7.00% increase compared to the end of 2022[7] - The total assets of CITIC Bank as of September 30, 2023, amounted to RMB 8,922,023 million, an increase from RMB 8,547,543 million as of December 31, 2022, representing a growth of approximately 4.4%[40] - The total liabilities reached RMB 8,198,567 million, up from RMB 7,861,713 million at the end of 2022, indicating an increase of about 4.3%[42] Loans and Advances - Total loans and advances amounted to RMB 5,465.23 billion, reflecting a growth of 6.06% year-on-year[7] - The bank's general corporate loan balance reached CNY 2.49 trillion, an increase of 8.11% year-on-year[19] - The balance of loans to strategic emerging industries was CNY 503.51 billion, growing by 18.69% compared to last year[17] - The balance of inclusive small and micro enterprise loans was CNY 529.62 billion, an increase of CNY 83.62 billion from the end of last year[17] - The bank's personal housing mortgage loans amounted to CNY 957.05 billion, with an increase of CNY 12.96 billion from the previous year[22] Profitability Ratios - The annualized return on average total assets (ROAA) for the first nine months was 0.80%, an increase of 0.03 percentage points year-on-year[9] - The annualized weighted average return on equity (ROAE) was 11.30%, up 0.19 percentage points year-on-year[15] - The basic earnings per share for the group was RMB 0.99, compared to RMB 0.90 in the same period last year[46] Non-Performing Loans - As of the end of Q3 2023, the non-performing loan (NPL) balance was CNY 66.801 billion, an increase of CNY 1.588 billion from the end of 2022, with an NPL ratio of 1.22%, down 0.05 percentage points year-over-year[23] - The non-performing loan ratio for personal housing mortgages was 0.53% as of the end of the reporting period[22] - The provision coverage ratio improved to 209.51%, up 8.32 percentage points from the end of 2022, while the loan provision ratio increased to 2.56%, up 0.01 percentage points[23] Capital Adequacy - The core Tier 1 capital adequacy ratio stood at 8.81%, an increase of 0.07 percentage points from the end of 2022, while the total capital adequacy ratio decreased to 12.65%, down 0.53 percentage points[26] - The leverage ratio was 6.61%, well above the regulatory minimum of 4.25%[29] - The liquidity coverage ratio was 143.64%, significantly above the regulatory requirement of 100%[30] Cash Flow - Operating cash flow for the first nine months was negative RMB 44.61 billion, compared to a positive cash flow of RMB 48.91 billion in the same period last year[12] - The net cash flow from operating activities was RMB 778,409 million, compared to RMB 755,949 million for the same period in 2022, representing an increase of 2.4%[50] - The cash inflow from financing activities totaled RMB 829,703 million, up from RMB 692,368 million in the previous year, indicating a significant increase of 19.8%[51] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 137,079, with 110,465 being A-share shareholders and 26,614 being H-share shareholders[31] - China CITIC Financial Holdings Limited held 31,406,992,773 shares, representing 64.14% of the total shares, making it the largest shareholder[32] - The top ten ordinary shareholders collectively held 65.93% of the total shares, with China CITIC Financial Holdings Limited and Hong Kong Central Clearing Limited being the most significant[33]