2022-10-28 16:00Financial Performance - Operating income for Q3 2022 was RMB 3,313,680 thousand, an increase of 15.83% year-on-year[6] - Net profit attributable to shareholders of the parent company for Q3 2022 was RMB 576,581 thousand, a decrease of 7.13% year-on-year[6] - Basic earnings per share for Q3 2022 was RMB 0.01, down 66.67% compared to the same period last year[6] - The net profit attributable to shareholders of the parent company for the first nine months of 2022 was RMB 2,594,976 thousand, an increase of 7.30% year-on-year[6] - The net profit attributable to shareholders for the first three quarters of 2022 was RMB 2.60 billion, representing a year-on-year growth of 7.30%[28] - Net profit attributable to shareholders increased to CNY 2.59 billion, compared to CNY 2.42 billion in 2021, marking a growth of 7.1%[59] Assets and Liabilities - Total assets as of September 30, 2022, reached RMB 531,269,004 thousand, an increase of 1.73% from the end of 2021[6] - Total liabilities as of September 30, 2022, were RMB 494,292,834 thousand, an increase of 1.10% from the end of 2021[6] - The total customer loans amounted to RMB 270.22 billion, reflecting an increase of RMB 26.01 billion or 10.65% year-on-year[27] - The total customer deposits reached RMB 331.82 billion, an increase of RMB 18.29 billion or 5.83% compared to the previous year[27] - Total liabilities increased to CNY 494.29 billion as of September 30, 2022, compared to CNY 488.92 billion at the end of 2021, reflecting a growth of 1.3%[51] Equity and Capital Ratios - The total equity attributable to shareholders of the parent company increased by 10.98% to RMB 36,217,862 thousand as of September 30, 2022[6] - The bank's total equity increased to CNY 36.98 billion as of September 30, 2022, from CNY 33.33 billion at the end of 2021, reflecting an increase of 8.0%[54] - The capital adequacy ratio stood at 14.05%, well above the regulatory requirement of 10.5%[19] - The core Tier 1 capital adequacy ratio rose to 9.16%, an increase of 0.78 percentage points from the end of last year, mainly due to the completion of a rights issue[29] - The capital adequacy ratio decreased to 14.05%, down 1.78 percentage points from the end of last year, primarily due to increased support for the real economy and an increase in risk-weighted assets[29] Income and Expenses - The company's net interest income for the same period was RMB 6.12 billion, up by RMB 0.35 billion or 6.05% year-on-year[28] - The non-interest income increased significantly by 40.83% year-on-year, reaching RMB 3.40 billion, driven by higher fees and commissions[28] - Investment income surged to CNY 1.50 billion, significantly higher than CNY 0.71 billion in the same period of 2021, indicating a growth of 111.1%[58] Cash Flow - Cash flow from operating activities for the first nine months of 2022 was RMB (26,303,719) thousand, a decrease of 248.17% year-on-year[13] - The bank's operating cash flow showed a net outflow of CNY 26.30 billion, compared to a net outflow of CNY 7.55 billion in the previous year[64] - The net cash flow from investment activities for the period from January 1 to September 30, 2022, was a net outflow of RMB 1,537,485 thousand, an improvement from a net outflow of RMB 7,284,082 thousand in the same period of 2021[65] Risk Management - The non-performing loan ratio was 1.32%, remaining below the regulatory limit of 5%[19] - The non-performing loan ratio improved to 1.32% as of September 2022, down 0.02 percentage points from the end of last year and down 0.15 percentage points year-on-year[29] - The provision coverage ratio increased to 206.20%, up 8.78 percentage points from the end of last year[29] - The company issued a credit impairment loss of RMB 3.61 billion, an increase of 31.25% year-on-year, reflecting a proactive approach to risk management[28] Shareholder Information - The total number of ordinary shareholders reached 68,874 by the end of the reporting period[34] - The top ten shareholders held a combined 69.86% of the shares, with the largest shareholder, Hong Kong Central Clearing (Agent), holding 21.87%[34] Financing Activities - The company completed a rights issue in January 2022, issuing 781,754,230 A-shares at a price of 3.20 yuan per share[40] - The registered capital increased from 4,509,690,000 yuan to 5,820,354,724 yuan following the rights issue[41] - The company issued 6.4 billion yuan of perpetual bonds in July-August 2022 to supplement its other Tier 1 capital[41]