Suzhou Rural Commercial Bank(SH:603323)2019-10-29 16:00Financial Performance - Operating income for the period from January to September was CNY 2,609,004, representing a 13.90% increase compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was CNY 827,739, up 15.11% year-on-year[8]. - Basic earnings per share for the period was CNY 0.47, an increase of 4.44% compared to the previous year[8]. - The weighted average return on equity was 8.26%, slightly up by 0.01 percentage points from the previous year[8]. - Total operating income for Q3 2019 was CNY 865,220 thousand, an increase of 12.2% from CNY 771,397 thousand in Q3 2018[35]. - Net profit attributable to shareholders of the parent company was CNY 247,816 thousand, a rise of 15.9% compared to CNY 213,836 thousand in Q3 2018[37]. - The total profit for Q3 2019 was CNY 278,462 thousand, up 16.2% from CNY 239,751 thousand in Q3 2018[35]. - The total comprehensive income for Q3 2019 was CNY 327,783 thousand, an increase from CNY 214,715 thousand in Q3 2018[39]. - The net profit for the first three quarters of 2019 was RMB 823,584,000, compared to RMB 715,804,000 in the same period of 2018, reflecting a growth of 15.06%[41]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 126,178,287, an increase of 8.05% compared to the end of the previous year[8]. - The total liabilities amounted to RMB 114,704,978 thousand, up from RMB 107,260,653 thousand at the end of 2018, reflecting a growth of 6.77%[19]. - Total assets increased to 126,178,287 from 116,782,012, representing a growth of approximately 11.97% year-over-year[27]. - Total liabilities rose to 114,704,978 from 107,260,653, marking an increase of about 4.26% year-over-year[29]. - The total equity increased to RMB 11,473,309 thousand, up from RMB 9,521,359 thousand at the end of 2018, representing a growth of 20.51%[19]. - The company's total liabilities and equity amounted to 115,807,224, reflecting a total increase of 248,888[59]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,880[10]. - The top shareholder, Hengtong Group Co., Ltd., held 124,239,048 shares, accounting for 6.89% of the total[11]. Cash Flow - The company reported a net cash flow from operating activities of CNY -471,520 for the period, an improvement from CNY -720,903 in the previous year[8]. - The net cash flow from operating activities improved to RMB -471,520 thousand, a 34.59% reduction in losses compared to RMB -720,903 thousand in the previous year[19]. - The investment activities generated a net cash flow of RMB 408,817,000 in the first three quarters of 2019, compared to -RMB 1,573,346,000 in the same period of 2018[45]. - Cash flow from financing activities resulted in a net outflow of -908,568 thousand RMB, compared to a net inflow of 5,246,620 thousand RMB in the same period of 2018[48]. Capital and Reserves - The core tier one capital adequacy ratio stood at 12.47%, an increase from 12.04% at the end of 2018[20]. - The capital reserve increased to 2,290,369 from 1,277,725, reflecting a growth of about 79.14% year-over-year[29]. Loan and Deposit Information - Customer deposits rose to 91,355,444 from 82,747,957, indicating an increase of about 10.67% year-over-year[29]. - Loans and advances increased to 65,228,662 from 57,453,570, showing a growth of approximately 13.06% year-over-year[27]. - The net increase in loans and advances to customers was 8,593,938 thousand RMB, slightly lower than 8,851,377 thousand RMB in the same period of 2018[48]. Other Financial Metrics - The non-performing loan ratio was reported at 1.53%, an increase from 1.31% at the end of 2018[23]. - The bank's credit impairment losses for the first three quarters of 2019 amounted to CNY 820,937 thousand, compared to no losses reported in the same period last year[35]. - The company maintained a stable level of non-performing loans, ensuring asset quality amid growth[27].