Financial Performance - Operating revenue for the third quarter reached CNY 4,684,114,418.36, an increase of 14.89% year-on-year[3] - Net profit attributable to shareholders was CNY 2,401,813,915.20, representing a growth of 43.43% compared to the same period last year[3] - Basic earnings per share increased to CNY 0.26, up 44.44% from CNY 0.18 in the previous year[7] - Total operating revenue for the first three quarters of 2024 was RMB 14,279,272,406.54, a decrease of 3.97% compared to RMB 14,871,134,663.02 in the same period of 2023[16] - Operating profit for the first three quarters of 2024 reached ¥7,564,253,263.72, an increase of 9.4% compared to ¥6,911,357,653.30 in the same period of 2023[18] - Net profit attributable to shareholders of the parent company was ¥7,149,509,482.88, up 11.6% from ¥6,401,520,883.21 year-over-year[19] - Total comprehensive income for the first three quarters of 2024 was ¥7,658,275,076.27, compared to ¥6,542,890,182.68 in 2023, reflecting a growth of 17.1%[19] Cash Flow - Net cash flow from operating activities for the quarter was CNY 58,955,471,711.74, a significant increase from a negative cash flow in the same period last year[7] - Cash flow from operating activities generated ¥76,398,999,437.49, significantly higher than ¥12,607,113,197.62 in the previous year[20] - Cash flow from investing activities showed a net outflow of ¥11,098,030,994.67, compared to a smaller outflow of ¥69,088,073.78 in 2023[21] - Cash flow from financing activities resulted in a net outflow of ¥53,616,595,745.58, worsening from a net outflow of ¥19,745,569,269.83 in the previous year[21] - The net increase in cash and cash equivalents for the first three quarters of 2024 was ¥11,736,695,311.41, contrasting with a decrease of ¥6,813,588,963.11 in 2023[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 666,760,600,878.02, a decrease of 4.18% from the end of the previous year[4] - Total liabilities decreased to RMB 540,707,507,497.15 from RMB 573,816,058,013.50, a reduction of 5.77%[14] - The company's total equity increased to RMB 126,053,093,380.87 from RMB 122,036,932,267.12, marking an increase of 3.29%[15] - The company's total assets as of September 30, 2024, amounted to RMB 595.05 billion, a decrease of 2.2% from RMB 607.41 billion at the end of 2023[24] - The total equity as of September 30, 2024, was RMB 113.13 billion, an increase of 2.1% from RMB 109.99 billion at the end of 2023[24] Income and Expenses - Investment income rose to RMB 5,055,610,151.57, compared to RMB 4,748,151,453.42 in the previous year, an increase of 6.86%[16] - The net income from commission and fees decreased to RMB 5,054,918,879.24 from RMB 6,133,834,117.18, a decline of 17.6%[16] - The company's total expenses for the first three quarters of 2024 were RMB 5.75 billion, slightly up from RMB 5.71 billion in the same period of 2023[25] Other Financial Metrics - The risk coverage ratio improved to 211.36%, up from 177.28% at the end of the previous year[5] - Non-recurring gains and losses totaled CNY 6,325,200.26 for the quarter, with government subsidies contributing to this figure[6] - The weighted average return on net assets increased by 0.55 percentage points to 2.04%[7] - The company reported a significant increase in fair value changes income to ¥3,232,238,458.39 from ¥1,114,364,011.50, driven by fluctuations in financial instruments[9] - The company’s other comprehensive income after tax increased to RMB 484.03 million, compared to RMB 22.78 million in the same period of 2023[27]
招商证券(06099) - 2024 Q3 - 季度业绩