2023-10-26 16:00Financial Performance - Total operating income for Q3 2023 was RMB 3,331,565 thousand, an increase of 0.54% year-on-year[3] - Net profit attributable to shareholders of the parent company for Q3 2023 was RMB 653,034 thousand, up 13.26% year-on-year[3] - Basic earnings per share for Q3 2023 was RMB 0.07, reflecting a significant increase of 600.00% year-on-year[3] - Net profit attributable to shareholders was CNY 2.99 billion, a year-on-year increase of CNY 394 million or 15.17%[18] - Net interest income for the first three quarters was CNY 6.88 billion, an increase of CNY 758 million or 12.38% year-on-year[18] - The bank's total profit reached RMB 3,497,077, a 24% increase from RMB 2,820,475 year-on-year[36] - The total comprehensive income amounted to RMB 3,777,817, up 30.8% from RMB 2,888,124 in the same period last year[38] Assets and Liabilities - Total assets as of September 30, 2023, reached RMB 581,184,488 thousand, representing a growth of 9.74% compared to the end of 2022[4] - Total liabilities as of September 30, 2023, amounted to RMB 541,977,833 thousand, an increase of 9.93% year-on-year[4] - The total equity attributable to shareholders of the parent company was RMB 38,328,856 thousand as of September 30, 2023, up 7.02% from the end of 2022[4] - The bank's total equity increased to RMB 39,206,655 thousand from RMB 36,593,295 thousand at the end of 2022, representing a growth of approximately 7.2%[31] - The bank's loans and advances stood at RMB 289,940,609 thousand, an increase from RMB 262,518,662 thousand at the end of 2022, marking a growth of approximately 10.5%[28] Customer Deposits and Loans - Customer deposits reached RMB 387.832 billion, marking an 11.43% increase compared to the previous year[12] - Total customer deposits amounted to CNY 379.25 billion, up CNY 37.90 billion or 11.10% from the end of last year[18] - Loans to private enterprises amounted to CNY 73.20 billion, an increase of CNY 1.44 billion or 2.01% from the end of last year[20] - Inclusive small and micro loans reached CNY 32.92 billion, up CNY 5.79 billion or 21.36% year-on-year[20] Cash Flow and Investments - Net cash flow from operating activities for the first nine months of 2023 was RMB 7,875,407 thousand, a substantial increase of 129.94% year-on-year[8] - Cash flow from operating activities generated a net cash inflow of RMB 7,875,407, compared to an outflow of RMB 26,303,719 in the previous year[41] - Cash inflow from investment activities totaled RMB 44,375,205 thousand, a decrease of 26.1% compared to RMB 59,988,786 thousand in the same period last year[43] - Net cash flow from investment activities was negative at RMB 5,573,074 thousand, compared to a negative RMB 1,537,485 thousand in the previous year[43] - Cash inflow from financing activities reached RMB 77,207,999 thousand, an increase of 7.7% from RMB 71,745,125 thousand in the same period last year[43] Ratios and Performance Metrics - Return on average equity (annualized) for Q3 2023 was 7.50%, an increase of 1.54 percentage points compared to the same period last year[3] - The capital adequacy ratio stood at 12.78%, down from 13.56% at the end of 2022[13] - The non-performing loan ratio was 1.14%, a slight improvement from 1.21% at the end of 2022[12] - The liquidity coverage ratio improved to 128.72%, up from 122.83% at the end of 2022[15] - The average return on total assets (annualized) increased to 0.74%, up from 0.60% in the previous year[12] - The provision coverage ratio increased to 254.67%, up 34.90 percentage points year-on-year[18] - The bank reported a cost-to-income ratio of 29.40%, down from 34.97% in the previous year[12] Other Financial Information - The company reported non-recurring gains and losses totaling RMB 41,292 thousand for Q3 2023[7] - The weighted average return on equity after deducting non-recurring gains and losses was 6.98%, an increase of 1.47 percentage points year-on-year[3] - The bank's credit impairment losses decreased to RMB 3,233,354 from RMB 3,612,432 in the previous year, indicating improved asset quality[34] - The bank has no outstanding preferred shares as of the report date[24] - The impact of exchange rate changes on cash and cash equivalents was RMB 23,175 thousand, down 73.1% from RMB 86,227 thousand in the same period last year[45]