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VCredit Holdings (HKSE:02003) Credit Losses Provision : HK$0 Mil (As of Dec. 2023)


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What is VCredit Holdings Credit Losses Provision?

VCredit Holdings's credit losses provision for the six months ended in Dec. 2023 was HK$0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0 Mil.

VCredit Holdings Credit Losses Provision Historical Data

The historical data trend for VCredit Holdings'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.

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VCredit Holdings Credit Losses Provision Chart

VCredit Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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VCredit Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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VCredit Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 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.

VCredit Holdings (HKSE:02003) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » VCredit Holdings Ltd (HKSE:02003) » Definitions » Credit Losses Provision
Comparable Companies
HKSE:01543 HKSE:03903 HKSE:03848 HKSE:00431 HKSE:01601 HKSE:08223 HKSE:00628 HKSE:00730 HKSE:06878 HKSE:06866 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
5R6:Germany
Address
19/F Two Pacific Place, Suite 1918, 88 Queensway, Hong Kong, HKG, 200085
Website
https://www.vcredit.com
VCredit Holdings Ltd is an investment holding company and has one operating segment. The Group is a technology-driven consumer financial service provider in the People's Republic of China. The Group offers tailored consumer finance products to prime and near-prime borrowers who are underserved by traditional financial institutions. The Group also offers consumer finance products by facilitating transactions between borrowers and financial institutions.

VCredit Holdings (HKSE:02003) Headlines

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