2019-10-29 16:00Financial Performance - Total operating income for Q3 2019 reached RMB 2,655,619,000, representing a year-on-year increase of 23.01%[3] - Net profit attributable to shareholders of the parent company was RMB 508,179,000, an increase of 17.46% compared to the same period last year[3] - Total operating income for the first nine months of 2019 reached RMB 7,188,544,000, a 35.88% increase from RMB 5,290,214,000 in 2018[22] - The company's net profit attributable to shareholders for the first three quarters of 2019 was RMB 1.947 billion, an increase of RMB 193 million or 10.98% year-on-year[14] - The total profit for the group for the first nine months of 2019 was RMB 2,445,490,000, compared to RMB 2,160,052,000 in the same period of 2018, representing an increase of 13.2%[52] - The total comprehensive income for the group from July 1 to September 30, 2019, was RMB 657,219,000, an increase of 19.2% compared to RMB 551,108,000 in the same period of 2018[47] Assets and Liabilities - Total assets as of September 30, 2019, amounted to RMB 355,001,099,000, reflecting an increase of 11.76% from the end of 2018[4] - The company’s total liabilities reached RMB 324,865,797,000, an increase of 11.96% from the end of 2018[4] - The total equity of the group increased to RMB 30,135,302 thousand as of September 30, 2019, compared to RMB 27,496,724 thousand at the end of 2018, reflecting a growth of 5.95%[37] - The bank's total assets reached RMB 355,001,099 thousand as of September 30, 2019, compared to RMB 317,658,502 thousand at the end of 2018, marking an increase of 11.73%[37] Customer Loans and Deposits - Total customer loans reached RMB 160,630,238,000, up 27.09% year-on-year[4] - Total customer deposits increased to RMB 200,609,626,000, a growth of 14.19% compared to the previous year[5] - The loan balance increased by RMB 33.830 billion or 27.42% year-on-year, reaching RMB 157.197 billion, accounting for 44.28% of total assets[14] - The net increase in customer deposits was RMB 24,933,777, significantly up from RMB 12,018,001 in the same period last year, indicating a growth of 107.9%[59] Income and Expenses - Net interest income for the first nine months of 2019 increased by 60.40% to RMB 4,889,302,000 compared to RMB 3,048,186,000 in the same period of 2018[22] - The group’s operating expenses for the first nine months of 2019 totaled RMB 4,742,763,000, an increase from RMB 3,130,400,000 in the same period of 2018, indicating a rise in operational costs[50] - The group reported a credit impairment loss of RMB 2,726,622,000 for the first nine months of 2019, compared to RMB 1,536,424,000 in the same period of 2018, indicating a significant increase in credit risk[52] Ratios and Returns - The weighted average return on equity (annualized) was 9.77%, down 0.46 percentage points year-on-year[3] - The capital adequacy ratio stood at 15.04% as of September 30, 2019, meeting regulatory requirements[15] - The non-performing loan ratio was 1.67%, a decrease of 0.01 percentage points from the end of the previous year[15] - The liquidity coverage ratio was 150.07%, significantly above the regulatory minimum of 100%[12] - The net interest margin (annualized) improved to 2.08%, an increase of 0.45 percentage points compared to the previous year[14] - The cost-to-income ratio decreased to 27.03%, down by 5.94 percentage points year-on-year[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 104,747[17] - The largest shareholder, Hong Kong Central Clearing Limited, holds 25.23% of shares, totaling 1,137,873,380 shares[17] - The number of priority shareholders at the end of the reporting period is 1, with The Bank of New York Depository holding 100% of the priority shares[20] - The total number of priority shares held by The Bank of New York Depository is 60,150,000[20] Cash Flow and Financing Activities - The net cash flow from operating activities was RMB (12,261,643), worsening from RMB (8,460,642) in the same period of 2018[61] - The cash flow from financing activities showed a net increase of RMB 8,559,866 thousand, contrasting with a net outflow of RMB 19,699,529 thousand in the previous year[65] - The total cash inflow from financing activities was RMB 62,115,880 thousand, compared to RMB 60,772,405 thousand in the previous year[65] - The cash outflow for debt repayment was RMB 51,630,000 thousand, significantly lower than RMB 78,510,000 thousand in the same period last year[65]