Financial Performance - Net profit for the third quarter of 2024 was RMB 1,495,233 thousand, a 3.36% increase from the same period last year[4] - The net profit for the first nine months of 2024 was RMB 4.706 billion, an increase of RMB 207 million or 4.59% compared to the same period last year[18] - Net profit for the first nine months of 2024 was RMB 4.71 billion, compared to RMB 4.50 billion in 2023, representing a year-on-year increase of 4.6%[24] - The net profit attributable to the company's shareholders for the first nine months of 2024 was RMB 4.43 billion, compared to RMB 4.27 billion in 2023, marking an increase of 3.8%[26] - Basic earnings per share for the third quarter stood at RMB 0.40, reflecting a 2.56% increase year-over-year[4] - The company’s basic earnings per share for the first nine months of 2024 was RMB 1.27, compared to RMB 1.23 in 2023, indicating a growth of 3.2%[26] - The operating income for the same period was RMB 10.351 billion, up RMB 393 million or 3.95% year-on-year[18] - For the nine months ended September 30, 2024, the pre-tax profit was RMB 5,218,140 thousand, an increase from RMB 5,102,833 thousand in the same period of 2023, representing a growth of 2.27%[29] Assets and Liabilities - Total assets as of September 30, 2024, reached RMB 824,144,121 thousand, an increase of 8.46% compared to December 31, 2023[4] - Total liabilities amounted to RMB 761,169,123 thousand, up 8.65% from the end of 2023[4] - The company's total assets as of September 30, 2024, amounted to RMB 824.14 billion, up from RMB 759.88 billion at the end of 2023, indicating a growth of 8.5%[28] - Total liabilities as of September 30, 2024, were RMB 761.17 billion, compared to RMB 700.58 billion at the end of 2023, showing an increase of 8.6%[28] Customer Loans and Deposits - Customer loans and advances totaled RMB 433,263,441 thousand, reflecting a growth of 10.26% year-over-year[4] - Customer deposits increased to RMB 463,587,122 thousand, marking an 11.76% rise compared to the previous year[4] - Customer deposits amounted to RMB 463.587 billion, up RMB 48.774 billion or 11.76% from the end of the previous year, with time deposits at RMB 359.717 billion[18] - The total amount of customer loans and advances was RMB 433.263 billion, an increase of RMB 40.328 billion or 10.26% from the end of the previous year[18] - Customer loans and advances increased by RMB (42,389,360) thousand for the nine months ended September 30, 2024, compared to an increase of RMB (34,694,356) thousand in the same period of 2023, reflecting a higher demand for loans[29] - The net increase in customer deposits was RMB 45,478,218 thousand for the nine months ended September 30, 2024, compared to RMB 23,655,434 thousand in the same period of 2023, indicating strong deposit growth[29] Cash Flow - The net cash flow from operating activities for the first nine months was RMB 5,529,548 thousand, a significant recovery from a negative cash flow of RMB (32,384,875) thousand in the previous year[4] - The net cash flow from operating activities for the nine months ended September 30, 2024, was RMB (32,384,875) thousand, compared to RMB (9,072,256) thousand for the same period in 2023, indicating a significant decline in cash flow[29] - The net cash flow from investing activities was RMB 12,307,477 thousand for the nine months ended September 30, 2024, a recovery from a negative cash flow of RMB (18,598,084) thousand in the same period of 2023[30] - The net cash flow from financing activities was RMB 13,783,674 thousand for the nine months ended September 30, 2024, compared to RMB 23,785,643 thousand in the same period of 2023, showing a decrease of 42.05%[30] - The cash and cash equivalents at the end of the period were RMB 13,003,897 thousand as of September 30, 2024, down from RMB 15,646,511 thousand at the end of September 2023[30] Capital Adequacy and Ratios - The core tier 1 capital adequacy ratio was 10.02% as of September 30, 2024, compared to 9.78% at the end of 2023[8] - The core tier 1 capital adequacy ratio at the end of the reporting period was 10.02%, meeting the latest regulatory requirements for capital adequacy in the Chinese banking industry[19] - The liquidity coverage ratio improved to 511.75% from 277.49% at the end of 2023[12] - The provision coverage ratio increased to 250.19%, up 16.01 percentage points from the end of the previous year[19] Shareholder Information - The top ten shareholders held a total of 2,052,000,000 shares, accounting for 60.00% of the total share capital, with the largest shareholder holding 33.75%[14] - The company plans to distribute a cash dividend of RMB 1.66 per share to all registered ordinary shareholders, totaling approximately RMB 576.78 million, which accounts for 13.03% of the net profit attributable to ordinary shareholders for the first three quarters of 2024[20] Other Financial Metrics - Interest income for the first nine months of 2024 reached RMB 21.76 billion, an increase from RMB 21.26 billion in the same period of 2023, reflecting a growth of 2.33%[23] - The company reported a net trading income of RMB 291.35 million for the first nine months of 2024, up from RMB 215.35 million in the same period of 2023, reflecting a growth of 35.2%[23] - The interest expense from financing activities was RMB 2,989,352 thousand for the nine months ended September 30, 2024, compared to RMB 2,829,253 thousand in the same period of 2023, reflecting an increase of 5.66%[29] Non-Performing Loans - The non-performing loan balance as of September 30, 2024, was RMB 5.441 billion, an increase of RMB 229 million from the end of the previous year, with a non-performing loan ratio of 1.26%, down 0.08 percentage points[19]
重庆银行(01963) - 2024 Q3 - 季度业绩