Zuoli Kechuang Micro-finance Co (HKSE:06866) Credit Losses Provision : HK$0.0 Mil (As of Jun. 2024)

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What is Zuoli Kechuang Micro-finance Co Credit Losses Provision?

Zuoli Kechuang Micro-finance Co's credit losses provision for the three months ended in Jun. 2024 was HK$0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.0 Mil.

Zuoli Kechuang Micro-finance Co Credit Losses Provision Historical Data

The historical data trend for Zuoli Kechuang Micro-finance Co'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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Zuoli Kechuang Micro-finance Co Credit Losses Provision Chart

Zuoli Kechuang Micro-finance Co Annual Data

Trend

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Credit Losses Provision

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Zuoli Kechuang Micro-finance Co Quarterly Data
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Zuoli Kechuang Micro-finance Co 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Zuoli Kechuang Micro-finance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zuoli Kechuang Micro-finance Co Ltd (HKSE:06866) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399 Deqing Avenue, Wukang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313200

Website

http://www.zlkcxd.cn

Zuoli Kechuang Micro-finance Co Ltd is engaged in providing unsecured loans, guaranteed loans, collateralized loans, pledged loans, agriculture loans, individual business loans, other individual loans and loans for agricultural businesses, customers engaged in rural development activities, and/or customers residing in rural areas, SMEs and microenterprises in various industries, as well as online retailers in the businesses of lifestyle products, agricultural products, cultural supplies, and industrial products. The company generates revenue in the form of interest.

Executives

Gawsun (hk) International Trading Co., Limited

2101 Beneficial owner

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