Inventory of the central report of the Gold Company: The four net interests such as the sunlight doubled, and the nine total assets declined

Zhongxin Jingwei, September 7th (Wei Wei intern Guo Xizi) Recently, as the semi -annual report of the listed company was disclosed, the performance of the licensed consumer finance company in the holding of the holding also gradually surfaced.

According to the incomplete statistics of Zhongxin Jingwei, all of the 30 licensed consumer finance companies have all or partially disclosed the operating performance in the first half of 2022. Data show that the net profit of over half of the consumer finance companies has achieved positive growth, but the growth rate has narrowed. There are four consumer finance companies pursuing, and the net profit in the first half of the year has doubled. In addition, 9 companies have a net profit of less than 100 million yuan, and the "28" differentiation is still serious.

Total assets of nine consumer finance companies decline

In terms of asset scale, as of the end of June 2022, the total asset size of 18 consumer finance companies that had been disclosed in data had a total asset size of 536.518 billion yuan. Recruiting a total assets of the financial financial exceeding 100 billion yuan, far away from other companies. The size of its assets accounted for a quarter of the total assets of the total total assets of 18 companies, but in the first half of the year 4.49%from the end of the previous year.

Consumer finance and Industrial Consumer Finance immediately followed, with 64.165 billion yuan and 63.772 billion yuan, respectively. In addition, the size of BOC consumer financial assets also exceeded 50 billion yuan, reaching 52.566 billion yuan.

In terms of growth, the fastest growth of assets is Nangongfa Consumer Finance, which is the original Suning Consumer Finance, an increase of 302.3%over the end of the previous year to 3.468 billion yuan. However, the company's total assets are still at the bottom of 18 consumer finance companies. On August 31, Bank of Nanjing announced that it had completed the acquisition of Suning's consumer finance controlling stake and renamed Suning Consumer Finance to Nanyinfaba Consumer Finance.

Zhongxin Jingwei also noticed that in addition to recruiting consumer finance, there are also Beijing Sunshine Consumer Finance, Sichuan Jinsheng Consumer Finance, Jin Commercial Consumer Finance, BOC Consumer Finance, China Post Consumer Finance, Hangyin Bank Consumer Finance, Beiyin Consumer Finance Finance The asset scale of eight companies declined. Among them, Sunshine Consumption Finance has declined the fastest, and the total assets fell by 20.46%from the end of the previous year to 9.444 billion yuan.

Since the beginning of this year, many licensed consumer financial institutions have increased "blood replenishment" through ABS, merchant loans, and shareholders' capital increase. Such as Xiaomi Consumer Finance, Ping An Consumption Finance, Beiyin Consumer Finance, Su Yin Kai Consumer Finance, Haier Consumer Finance, Jincheng Consumer Finance, Vipshop Fubon Consumer Finance, etc., all successfully raised the dealer loan in the first half of the year.

Wang Pengbo, a senior analyst at the Broadcom consulting financial industry, pointed out to Zhongxin Jingwei that with the gradually alleviating of the epidemic, coupled with the government's introduction of consumer coupons and support for small and micro enterprises, residents' willingness to consume and credit is expected to strengthen. In the face of the fierce competition in the consumer finance industry, the business scope is rapidly expanded in the short term, and the bottleneck of the scale is an inevitable choice. Risk ability, reducing capital costs is also the main purpose of capital increase.

Recruitment, Xingye net profit exceeding 1 billion yuan

From the perspective of net profit, Zhongxin Jingwei combed and found that among the 20 consumer finance companies that have disclosed net profit data, Zhaolian Consumer Finance was available at a net profit of 1.937 billion yuan. 100 million yuan, reaching 1.15 billion yuan.

In the first half of 2022, there were 9 consumer finance companies with a net profit of less than 100 million yuan, accounting for nearly half of the proportion. Among them, there were 4 consumer finance companies, namely Ningyin Consumer Finance (formerly Huarong Consumer Finance), Nan Silver Fayba Consumer Finance, Xiaomi Consumer Finance and Vipshop Fubon Consumer Finance, net losses were 32 million yuan, 92 million yuan, 93 million yuan, and 125 million yuan.

Among them, Vipshop Fubon Consumer Finance was approved by supervision on August 31, 2021, and it has just been a year. The company was jointly funded by Vipshop (China) Co., Ltd., Tubou (China) Co., Ltd., and Fubon Huizhi Bank Co., Ltd., and the shareholders' shareholding ratio was 49.9%, 25.1%and 25%, respectively.

From the perspective of net profit growth, Beijing Sunshine Consumer Finance, Shangcheng Consumer Finance, Hangyin Consumer Finance and Changyin May Eight Consumer Finance have all exceeded 100%, including 410.44%, 127.27%, 126.67%, and 108.93 %. Especially Beijing Sunshine Consumer Finance, Everbright Bank semi -annual report shows that in the first half of 2022, the net profit of Sunshine Metalida achieved a net profit of 132 million yuan, a year -on -year losses.

Zhongxin Jingwei noticed that among the 20 consumer finance companies, except for three companies that have not disclosed net profit data in the first half of last year, 6 consumer finance companies' net profit declined year -on -year. Among them, Ningyin Consumer Finance and Nandanfaba Consumer Finance were the largest year -on -year, with a decrease of 674.92%and 169.44%year -on -year, respectively. The net profit of China Post Consumer Finance and BOC Consumer Finance also decreased by 75.85%and 74.44%compared with the same period last year.

Data show that as of the end of June 2022, China Post consumer finance achieved operating income of 2.943 billion yuan, an increase of 18.48%year -on -year; net profit was 191 million yuan, a year -on -year decrease of 75.85%.

In the "Announcement on the Operational Situation of the First Half of 2022" in China Post, the company continued to reduce the loan interest rate and reduce the cost of customer loan. The weighing customers affected by the epidemic provided financial rescue policies such as special interest rate reduction, bill translation, credit support plan, and mediation services, including more than 49 million yuan in interest rates. China Post also disclosed that in the first half of 2022, the Director of Directors and Supervisor had paid 1.7545 million yuan. Wang Pengbo analyzed that the consumer finance industry is gathered to the head, the so -called "strong strong". Consumer finance companies' brand effects, digital levels, risk control capabilities, and scenes all need long -term accumulation.

Four revenue decline

From the perspective of revenue, 14 consumer finance companies that publish revenue data have revenue for 312.97 billion yuan. Among them, the top three revenue are recruiting finance, consumer finance, and consumer finance immediately. In the first half of the year, revenue were 8.416 billion yuan, 5.701 billion yuan, and 4.764 billion yuan. It is not difficult to find that the top three revenue account for 60 % of the overall revenue of 14 companies.

The countdown of the countdown is Jin Shang Consumer Finance, Ningyin Consumer Finance and Nandanfaba Consumer Finance. These three revenue are 21 billion yuan, 99 million yuan and RMB 46 million.

From the perspective of revenue growth, the year -on -year year -on -year growth rate of consumer finance, Changyin May Eight Consumer Finance and BOC consumer finance ranks among the top three, with 87.02%, 38.42%, and 33.73%.

The revenue of Ningyin Gold, Nanyin French Pakistan, Jin Shang, and the CITIC Calibration had declined year -on -year. Ningyin's revenue has declined as fast as the growth rate, a decrease of 84.46%year -on -year.

Although from the first half of the year's performance, Ningyin's consumer finance in Ningyin and South Yinfaba was still at a trough, but Wang was still optimistic about the two new renamed institutions. "The advantages of the two are mainly displayed in the wishes of shareholders. Taking Nanjing Bank as an example, consumer finance business has become the strategic area of ​​the governor for a long time, and it is also the pedal of retail digital transformation of the bank." Wang said vigorously.

On August 26, the Bank of Ningbo issued a board of directors' decision announcements that the board of directors of the bank reviewed and approved the "Proposal on Increases on Anhui Ningyin Consumer Financial Co., Ltd.", agreed that the company increased the capital to Ningyin with money by currency, which did not exceed 1.5 billion Yuan RMB.

On September 3, Bank of Nanjing also issued the "Announcement on the Increases and Related Transactions of Holding Subsidies" showing that Nanjing Bank Holding subsidiary Nanyin Fa Paka Consumer Finance drafted capital increase. The Bank of Nanjing plans to increase the capital of 2.914 billion yuan, and the investment ratio will increase from 56%to 65%; the Bank of Paris, France, plans to increase the capital of 1.486 billion yuan, and the investment ratio will be increased from 3%to 30.08%. After the capital increase, the registered capital of Nanyinfa Capital will increase from 600 million yuan to 5 billion yuan.

Nowadays, the two city commercial banks have increased their capital, and whether its consumer finance companies can continue to be observed. (For more reports, please contact Wei Wei, the author of this article: [email protected]) (Zhongxin Jingwei APP)

Copyright Copyright Copyright, without written authorization, no unit or individual may be reprinted or extracted in other ways.

Editor in charge: Luo Yan

Pay attention to the official WeChat public account of JWVIEW (JWVIEW) to get more elite financial information.

- END -