SRCB(SH:601825) 21世纪经济报道·2025-11-03 23:28Core Viewpoint - The article highlights Shanghai Rural Commercial Bank's resilient growth in the face of industry challenges, showcasing its robust operational strategies and commitment to creating value for customers while maintaining strong financial performance [1][10]. Financial Performance - As of the end of September, Shanghai Rural Commercial Bank reported operating income of 19.831 billion yuan and net profit attributable to shareholders of 10.567 billion yuan, reflecting a year-on-year growth of 0.78% [1]. - Total assets reached 155.8094 billion yuan, an increase of 4.72% from the end of the previous year, while total liabilities grew by 5.00% to 142.7882 billion yuan [1]. - The bank achieved a non-interest net income of 5.370 billion yuan, up 2.24% year-on-year, with investment income significantly increasing by 72.23% to 3.458 billion yuan [3][4]. Risk Management and Asset Quality - Shanghai Rural Commercial Bank maintained a non-performing loan ratio of 0.97%, which is industry-leading, with a non-performing loan generation rate of 0.36%, down by 15 basis points [5]. - The bank's capital adequacy ratios are strong, with a core Tier 1 capital ratio of 14.49%, Tier 1 capital ratio of 14.52%, and total capital ratio of 16.87%, supporting future business expansion [5]. Business Strategy and Value Creation - The bank focuses on creating value through its service-oriented banking model, emphasizing the integration of commercial value and social function [1][10]. - It has developed a specialized service system for technology-driven enterprises, with loans to technology companies exceeding 120 billion yuan, and 81.06% of these loans going to small and medium-sized tech firms [6][7]. - The bank has also innovated in green finance, with green loan balances increasing by 3.31% to 99.349 billion yuan, and has launched various initiatives to support ecological sustainability [8]. Community Engagement and Social Responsibility - In response to the aging population in Shanghai, the bank has extended its services beyond finance, establishing 1,033 "Heart Home" public service stations to provide emotional and community support for elderly clients [8]. - The bank has integrated financial services with community governance, enhancing convenience for residents and contributing to a better living environment [8]. Dividend Policy and Investor Relations - Shanghai Rural Commercial Bank has a strong dividend policy, having distributed a total of 188.44 billion yuan in dividends since its IPO, which is 2.20 times the total amount raised during the IPO [9][10]. - The bank's mid-term cash dividend payout ratio reached 33.14%, reflecting its commitment to sharing value creation with investors [9].