Cover
Cover | 6 Months Ended |
Jun. 30, 2022 | |
Cover [Abstract] | |
Entity Registrant Name | DUNXIN FINANCIAL HOLDINGS LIMITED |
Entity Central Index Key | 0001499494 |
Document Type | 6-K |
Amendment Flag | false |
Current Fiscal Year End Date | --12-31 |
Document Period End Date | Jun. 30, 2022 |
Document Fiscal Period Focus | FY |
Document Fiscal Year Focus | 2022 |
Entity File Number | 001-34958 |
Entity Address Address Line 1 | 23rd Floor, Lianfa International Building |
Entity Address Address Line 2 | 128 Xudong Road |
Entity Address Address Line 3 | Wuchang District |
Entity Address City Or Town | Wuhan City |
Entity Address Country | CN |
Entity Address Postal Zip Code | 430063 |
UNAUDITED CONSOLIDATED STATEMEN
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - CNY (¥) ¥ in Thousands, shares in Thousands | 6 Months Ended | |
Jun. 30, 2022 | Jun. 30, 2021 | |
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | ||
Interest income on loans | ¥ 57,844 | ¥ 82,562 |
Interest expense: | ||
Interest expenses on loans | (9,988) | (9,473) |
Business related taxes and surcharges | (203) | (304) |
Total interest expense | (10,191) | (9,777) |
Net interest income | 47,653 | 72,785 |
Reversal of credit impairment losses | 16,382 | 416 |
Net interest income after credit impairment losses | 64,035 | 73,201 |
Operating costs and expenses | ||
General and administrative | (3,866) | (2,502) |
Total operating costs and expenses | (3,866) | (2,502) |
Profit before income taxes | 60,169 | 70,699 |
Income tax expense | 0 | 0 |
Net profit | 60,169 | 70,699 |
Other comprehensive income for the period: | ||
Exchange differences on translation of financial statements of entities outside the mainland of the People's Republic of China | (170) | (10) |
Total comprehensive income for the period | 59,999 | 70,689 |
Net profit attributable to: | ||
Equity holders of the Company | 48,136 | 56,558 |
Non-controlling interests | 12,033 | 14,141 |
Net profit | 60,169 | 70,699 |
Total comprehensive income attributable to: | ||
Equity holders of the Company | 47,999 | 56,551 |
Non-controlling interests | 12,000 | 14,138 |
Total comprehensive income | ¥ 59,999 | ¥ 70,689 |
Earnings per share - basic and diluted (in RMB) | ¥ 0.05 | ¥ 0.07 |
Earnings per ADS - basic and diluted (in US$) | ¥ 0.35 | ¥ 0.52 |
Weighted average shares outstanding in the period ('000) | 1,002,201 | 1,002,201 |
Weighted average ADS outstanding in the period ('000) | 20,879 | 20,879 |
CONSOLIDATED STATEMENTS OF FINA
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CNY (¥) ¥ in Thousands | Jun. 30, 2022 | Dec. 31, 2021 |
Current Assets | ||
Cash and restricted cash | ¥ 197 | ¥ 396 |
Loans Receivable, Net Of Credit Impairment Losses | 628,608 | 555,133 |
Prepaid expenses and others | 1,006 | 848 |
Total Current Assets | 629,811 | 556,377 |
Non-current Assets | ||
Property and equipment, net | 40,703 | 42,180 |
Intangible asset | 5 | 5 |
Total Non-current Assets | 40,708 | 42,185 |
Total Assets | 670,519 | 598,562 |
Current Liabilities | ||
Loans Payable | 161,569 | 161,569 |
Salary And Benefit Payable | 10,940 | 9,872 |
Income Taxes Payable | 32,477 | 32,477 |
Interest Payable | 63,700 | 54,685 |
Other Payable | 23,531 | 21,656 |
Total Current Liabilities | 292,217 | 280,259 |
Capital And Reserve Attributable To Equity Holders Of The Company | ||
Share Capital | 326 | 326 |
Additional Paid-in Capital | 383,174 | 383,174 |
Statutory Reserve | 18,706 | 18,706 |
General Risk Reserve | 9,180 | 9,180 |
Foreign currency translation reserve | (106) | 30 |
Accumulated Losses | (108,639) | (156,774) |
Non-controlling interests in equity | 75,661 | 63,661 |
Total Shareholders' Equity | 378,302 | 318,303 |
Total Equity And Liabilities | ¥ 670,519 | ¥ 598,562 |
UNAUDITED CONSOLIDATED STATEM_2
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2022 | Jun. 30, 2021 | |
Cash flows from operating activities: | ||
Profit before income taxes | $ 60,169 | $ 70,699 |
Adjustments for: | ||
Depreciation of property and equipment | 1,477 | 1,489 |
Amortization of intangible asset | 0 | 0 |
Reversal of credit impairment losses | (16,382) | (416) |
Operating profit before working capital changes | 45,264 | 71,772 |
Loans receivable | (57,093) | (74,262) |
Prepaid expenses and others | (158) | (32) |
Salary and benefit payable | 1,068 | 847 |
Loans payable | 0 | (10,000) |
Interest payable | 9,015 | 9,472 |
Other payable | 1,875 | 2,202 |
Cash used in operating activities | (29) | (1) |
Income tax paid | 0 | 0 |
Net cash used in operating activities | (29) | (1) |
Net decrease in cash and restricted cash | (29) | (1) |
Cash and restricted cash at beginning of the period | 396 | 97 |
Exchange losses on cash and restricted cash | (170) | 0 |
Cash and restricted cash at end of the period | $ 197 | $ 96 |