BANK OF XI'AN(600928)2023-10-30 16:00Financial Performance - For the period from January to September 2023, the company achieved operating income of RMB 5.04 billion, an increase of RMB 0.18 billion, or 3.68% year-on-year[16]. - The net profit attributable to shareholders of the parent company for the same period was RMB 1.90 billion, up RMB 0.13 billion, or 7.10% year-on-year[16]. - The basic earnings per share for the first nine months of 2023 was RMB 0.43, reflecting a year-on-year increase of 7.50%[16]. - Net profit for the period from January 1, 2023, to September 30, 2023, was 1,906,355, compared to 1,780,712 in 2022, representing an increase of about 7.1%[70]. - Total comprehensive income for the same period in 2023 was 1,961,053, down from 2,064,456 in 2022, indicating a decrease of approximately 5%[71]. Assets and Liabilities - As of September 30, 2023, total assets reached RMB 426.32 billion, compared to RMB 405.84 billion at the end of 2022, marking an increase of 5.00%[17]. - The total liabilities amounted to RMB 395.84 billion, up from RMB 376.59 billion at the end of 2022, representing a growth of 5.00%[17]. - Total assets reached CNY 426,319,020 thousand, an increase of 5.05% from the previous year, with total liabilities at CNY 395,844,000 thousand, up 5.11%[38]. - Total liabilities as of September 30, 2023, were 395,844,146, an increase from 376,590,585 as of December 31, 2022, reflecting a growth of approximately 5.3%[64]. Cash Flow - The company's net cash flow from operating activities decreased year-on-year, primarily due to a reduction in net increase of deposits[5]. - The net cash flow from operating activities was CNY 11,341,601 thousand, a decrease of 55.02% compared to the previous year[33]. - The net cash flow from operating activities was RMB 11,341,601 thousand, a decrease of 55.1% compared to RMB 25,216,017 thousand for the same period in 2022[74]. - The total cash outflow from operating activities amounted to RMB 26,455,777 thousand, an increase of 41.1% from RMB 18,771,337 thousand in the previous year[74]. - The net cash flow used in financing activities decreased to (2,873,596) in 2023 from (16,093,041) in 2022, showing improved cash management[60]. - The net cash flow from investment activities improved to 1,147,025 in 2023, compared to a net outflow of (15,330,525) in 2022, indicating a turnaround in investment performance[59]. Shareholder Information - The number of common shareholders at the end of the reporting period was 65,136, with the largest shareholder, Canadian Imperial Bank of Commerce, holding 18.11%[35]. - The total equity attributable to shareholders was CNY 304,750,000 thousand, an increase of 4.19% from the previous year[38]. - The total equity attributable to shareholders as of September 30, 2023, was 30,411,819, up from 29,185,539 as of December 31, 2022, reflecting an increase of approximately 4.2%[65]. Ratios and Coverage - The non-performing loan ratio stood at 1.26%, slightly up from 1.25% at the end of 2022[19]. - The provision coverage ratio improved to 223.42%, compared to 201.63% at the end of 2022[19]. - The liquidity coverage ratio was reported at 714.76% as of September 30, 2023[21]. - The capital adequacy ratio stood at 13.18%, an increase of 0.34 percentage points from the previous year, with a non-performing loan ratio of 1.26%[39]. - The core tier one capital adequacy ratio was 10.63%, unchanged from the previous quarter, while the total risk-weighted assets amounted to CNY 277,071,614 thousand[42]. - The weighted average return on equity was 1.90%, a decrease of 0.04 percentage points, while the previous year's figure was 6.39%, an increase of 0.08 percentage points[33]. Income and Expenses - Interest income for the first nine months of 2023 was RMB 11.45 billion, an increase from RMB 10.26 billion in the same period of 2022[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 569,493 thousand, representing a 2.89% increase, while the total for the previous year was CNY 1,902,055 thousand, up 6.83%[33]. - Basic and diluted earnings per share for the period were 0.43, compared to 0.40 in the same period of 2022, indicating a growth of 7.5%[71]. - The cash paid for interest, fees, and commissions reached RMB 4,893,293 thousand, up from RMB 3,839,685 thousand in the same period last year[74]. - The cash paid to employees and for employee benefits was RMB 868,474 thousand, an increase from RMB 769,740 thousand in the previous year[74]. - The cash paid for various taxes was RMB 794,111 thousand, down from RMB 1,011,099 thousand in the previous year[74].