张家港行(002839) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 274.62 million, up 6.03% year-on-year[8]. - Operating income for the quarter was CNY 980.38 million, a decrease of 2.32% compared to the same period last year[8]. - Basic earnings per share for the quarter was CNY 0.15, unchanged from the previous quarter[8]. - The weighted average return on equity was 2.52%, a decrease of 0.03 percentage points year-on-year[8]. - Net profit for the third quarter of 2020 was CNY 276.19 million, compared to CNY 250.32 million in the same period last year, reflecting an increase of about 10.3%[76]. - Total net profit for the current period was ¥280,092,064.93, representing an increase of 4.3% compared to ¥267,150,724.05 in the previous period[84]. - Net profit for the period reached CNY 768,783,553.30, an increase from CNY 731,671,078.91 in the previous period, reflecting a growth of approximately 5.8%[91]. Assets and Liabilities - Total assets reached CNY 136.51 billion, an increase of 10.94% compared to the end of the previous year[10]. - Total liabilities stood at CNY 125.45 billion, an increase of 11.70% from the previous year[13]. - The bank's total assets reached RMB 16,054,433.13 million as of September 30, 2020[22]. - The bank's total liabilities amounted to CNY 125.45 billion, up from CNY 112.31 billion, marking an increase of approximately 11.7%[67]. - Total assets increased to CNY 134.39 billion as of September 30, 2020, up from CNY 121.20 billion at the end of 2019, representing a growth of approximately 10.1%[70]. Loans and Advances - Customer loans and advances amounted to CNY 82.04 billion, reflecting a growth of 14.89% year-on-year[13]. - The total amount of loans and advances reached RMB 8,204,061.49 million, an increase of RMB 1,063,463.50 million or 14.89% compared to the end of 2019[23]. - The total amount of loans and advances issued was CNY 79.23 billion, up from CNY 69.08 billion in December 2019, indicating a growth of about 14.7%[63]. - The net increase in customer loans and advances was RMB 11,515,412,031.79, compared to RMB 9,449,933,421.01 in the previous period, indicating growth in lending activities[102]. Customer Deposits - Customer deposits increased to CNY 106.44 billion from CNY 92.89 billion, reflecting a rise of approximately 14.6%[67]. - Customer deposits increased to CNY 103.86 billion, up from CNY 90.64 billion year-over-year, representing a growth of approximately 14.6%[73]. - The net increase in customer deposits and interbank placements was RMB 13,210,660,275.52, compared to RMB 9,225,403,441.26 in the previous period, reflecting a significant growth[102]. Capital Adequacy and Ratios - The bank's capital adequacy ratio was 14.36%, above the regulatory requirement of 10.5%[15]. - As of September 30, 2020, the core tier one capital adequacy ratio was 10.46%, down from 11.10% at the end of 2019[19]. - The total capital adequacy ratio as of September 30, 2020, was 14.36%, compared to 15.22% at the end of 2019[19]. - The leverage ratio decreased to 6.45% as of September 30, 2020, from 6.94% at the end of 2019[22]. Non-Performing Loans - Non-performing loan ratio was 1.16%, showing improvement from 1.38% in the previous year[17]. - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies[72]. Income and Expenses - Net interest income rose to CNY 931.70 million in Q3 2020, up from CNY 783.47 million in Q3 2019, marking a growth of approximately 18.9%[73]. - The bank's total operating expenses were CNY 2,300,011,300.72, up from CNY 2,005,271,605.24, marking an increase of around 14.7%[91]. - The bank's investment income decreased to CNY 52.45 million in Q3 2020 from CNY 217.75 million in Q3 2019, a decline of approximately 76.1%[76]. - The credit impairment loss for the period was CNY 1,360,017,679.38, compared to CNY 1,059,051,418.69 in the previous period, reflecting a significant increase of approximately 28.4%[91]. Strategic Focus - The bank's strategy focused on supporting agriculture and small enterprises, leading to a significant increase in microloans and loans to small enterprises[25]. - The bank actively engaged in marketing activities to expand its customer base and enhance digital transformation[28]. - The bank's focus on rural finance and comprehensive service construction has strengthened its role in supporting rural economic development[25]. - The bank is focusing on enhancing its microfinance services and adapting its strategies in response to the ongoing economic challenges posed by the pandemic[58]. - The bank plans to continue expanding its market presence and enhancing its product offerings in the upcoming quarters[72]. Cash Flow - Cash flow from operating activities decreased significantly by 85.46% to CNY 436.86 million[8]. - The net cash flow from operating activities was RMB 5,018,477,810.39, a turnaround from a negative cash flow of RMB -4,463,404,068.36 in the previous period[104]. - The cash flow from financing activities resulted in a net outflow of RMB -1,558,459,592.96, compared to RMB -264,281,920.27 in the previous period[104]. Shareholder Information - The top ten shareholders held a total of 40.18% of the shares, with Jiangsu Shagang Group Co., Ltd. being the largest shareholder at 8.18%[30].