China Cinda Asset Management Co (FRA:0CI) Allowance For Loans And Lease Losses : €-1,842 Mil (As of Dec. 2023)

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What is China Cinda Asset Management Co Allowance For Loans And Lease Losses?

China Cinda Asset Management Co's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was €-1,842 Mil.

China Cinda Asset Management Co's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 (€-1,391 Mil) to Jun. 2023 (€-1,452 Mil) and declined from Jun. 2023 (€-1,452 Mil) to Dec. 2023 (€-1,842 Mil).

China Cinda Asset Management Co's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-1,334 Mil) to Dec. 2022 (€-1,391 Mil) and declined from Dec. 2022 (€-1,391 Mil) to Dec. 2023 (€-1,842 Mil).

China Cinda Asset Management Co Allowance For Loans And Lease Losses Historical Data

The historical data trend for China Cinda Asset Management Co's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Cinda Asset Management Co Allowance For Loans And Lease Losses Chart

China Cinda Asset Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-1,061.26

-940.96

-1,333.59

-1,391.22

-1,841.53

China Cinda Asset Management Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-1,333.59	-1,303.93	-1,391.22	-1,451.82	-1,841.53

China Cinda Asset Management Co Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

China Cinda Asset Management Co Allowance For Loans And Lease Losses Related Terms

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China Cinda Asset Management Co (FRA:0CI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Cinda Asset Management Co Ltd (FRA:0CI) » Definitions » Allowance For Loans And Lease Losses

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Traded in Other Exchanges

CCGDF:USA 01359:Hong Kong

Address

9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.cinda.com.cn

China Cinda Asset Management Co Ltd is an asset management firm with operations in mainland China and Hong Kong. Its parent company was founded with approval from the State Council, with the intent of instituting reforms of state-owned banks. Its principal business segments include primarily Distressed asset management and, secondarily, Financial services. The company has a wide presence throughout the Chinese provinces and operates a few Tier 1 entities. Most of its income is derived from the distressed asset management business segment that comprise debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation businesses.

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