GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Eason Technology Ltd (AMEX:DXF) » Definitions » Credit Losses Provision

DXF (Eason Technology) Credit Losses Provision : $51.45 Mil (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Eason Technology Credit Losses Provision?

Eason Technology's credit losses provision for the six months ended in Jun. 2024 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2024 was $51.45 Mil.

Eason Technology's quarterly credit losses provision increased from Jun. 2023 ($0.88 Mil) to Dec. 2023 ($51.45 Mil) but then declined from Dec. 2023 ($51.45 Mil) to Jun. 2024 ($0.00 Mil).

Eason Technology's annual credit losses provision declined from Dec. 2021 ($18.70 Mil) to Dec. 2022 ($6.09 Mil) but then increased from Dec. 2022 ($6.09 Mil) to Dec. 2023 ($52.33 Mil).


Eason Technology Credit Losses Provision Historical Data

The historical data trend for Eason Technology's Credit Losses Provision 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.

* Premium members only.

Eason Technology Credit Losses Provision Chart

Eason Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 8.45 18.70 6.09 52.33

Eason Technology Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.45 8.43 0.88 51.45 -

Eason Technology Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $51.45 Mil.

* 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.


Eason Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Xu Dong Street, 27th Floor, LianFa International Building, Wuchang District, Hubei Province, Wuhan, CHN, 430063
Eason Technology Ltd Formerly Dunxin Financial Holdings Ltd is engaged in the business of providing loan facilities to micro, small, and medium-sized enterprises and sole proprietors in the Hubei province of the People's Republic of China. It serves family-run businesses, farmers, and individual borrowers. Some of its loan products include Consumer Loans; Commercial Loans; Collateral-Backed Loans; Enterprise Loans, and others.
Executives
Capital Management Shah 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615