DXF

Dunxin Financial Holdings Ltd
AMEX

Bargain Price: 15.15$


Current Price 1.61 $
Industry Credit Services
Sector Financial Services
Country CN
Website click to visit
FT Employees 16
IPO Date 2010-11-23

Dunxin Financial Holdings Ltd. engages in the business of providing loan facilities to micro, small and medium size enterprises and sole proprietors. The company is headquartered in Wuhan, Hubei and currently employs 34 full-time employees. The firm primarily provides loans to individuals, small and medium-sized enterprises. On December 28, 2017, the Company closed the CIB Transaction Agreement with True Silver Limited (True Silver), a British Virgin Islands company, and Honest Plus Investments Limited (Hon...est Plus), pursuant to which the Company agreed to acquire all of the issued and outstanding shares of True Silver owned by Honest Plus. The firm operates its microfinance lending business through its wholly owned subsidiaries, True Silver, via the variable interest entity (VIE) structure, operates and consolidates 80% of the financial results of Hubei Chutian Microfinance Co., Ltd. (Chutian), which is a China-based company engaged in the lending of small loans to customers.

3 / 7

Size

116M

Current Ratio

2.15

Liquidity

316M

Net Income

6/10

Dividends

0/20

Earnings Growth

-137.56%

PE * PB

2.19