2020-10-30 16:00Financial Performance - Operating income for Q3 2020 was RMB 2,334,813, a decrease of 12.08% year-on-year, while total operating income for the first nine months was RMB 8,419,460, an increase of 17.12% year-on-year[4]. - Net profit attributable to shareholders for Q3 2020 was RMB 477,229, down 6.09% year-on-year, and for the first nine months, it was RMB 2,007,746, up 3.14% year-on-year[4]. - The bank's basic earnings per share for the first nine months was RMB 0.34, an increase of RMB 0.02 year-on-year[7]. - The group reported a total profit before tax of RMB 2,385,266 thousand, slightly down from RMB 2,445,490 thousand in the previous year, a decrease of about 2.5%[46]. - Total comprehensive income for the group from January 1 to September 30, 2020, was RMB 1,367,086 thousand, a decrease of 34.8% compared to RMB 2,097,944 thousand in the same period of 2019[50]. Assets and Liabilities - Total assets as of September 30, 2020, reached RMB 446,243,633, representing a year-on-year increase of 19.44%[5]. - The bank's total liabilities as of September 30, 2020, were RMB 415,797,474, a year-on-year increase of 21.17%[5]. - Customer loans amounted to RMB 208,205,223, an increase of 20.49% compared to the end of 2019[5]. - Customer deposits reached RMB 270,538,990, reflecting a year-on-year growth of 27.14%[6]. - The total liabilities increased to RMB 415.797 billion, up RMB 72.653 billion or 21.17% year-on-year[17]. Income and Expenses - Operating revenue for the first three quarters was RMB 8.419 billion, an increase of RMB 1.231 billion or 17.12% year-on-year[17]. - The total operating expenses for the group were RMB 6,052,283 thousand, up from RMB 4,742,763 thousand year-on-year, reflecting an increase of approximately 27.7%[46]. - The group’s total operating income for the period from July 1 to September 30, 2020, was RMB 2,334,813 thousand, down 12.1% from RMB 2,655,619 thousand in the same period of 2019[55]. Cash Flow - The bank's net cash flow from operating activities for the first nine months was RMB 35,644,871, a significant increase of 390.70%[4]. - The cash inflow from operating activities totaled CNY 94,433,427, a substantial increase from CNY 41,016,765 year-on-year, indicating a growth of 130.1%[64]. - The net cash flow from investment activities was CNY (26,002,124), a decrease from CNY 4,735,903 in the previous year, showing a decline of 648.3%[66]. Credit Quality - The non-performing loan ratio was 1.62%, remaining well below the regulatory limit of 5%[10]. - The provision coverage ratio improved to 164.79%, an increase of 9.70 percentage points compared to the end of the previous year[18]. - The group reported a credit impairment loss of RMB 3,712,446 thousand, which increased from RMB 2,726,622 thousand in the previous year, representing a rise of approximately 36.3%[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 76,052, with the top ten shareholders holding a combined 66.65%[19]. - The largest shareholder, Hong Kong Central Clearing Limited, held 25.23% of the shares, totaling approximately 1.14 billion shares[19]. Regulatory Compliance and Policies - The bank has strengthened credit support for private and small enterprises, launching products like "Anti-epidemic Loan" and "Food Loan" to assist small businesses[18]. - The bank actively implemented policies to alleviate repayment pressures on small and micro enterprises, facilitating smooth transmission of policy effects[18]. - The total assets quality indicators met regulatory requirements, with a capital adequacy ratio of 14.17%, down by 0.59 percentage points due to the redemption of 2.2 billion RMB of subordinated debt[18].