Investor Presentaiton
On-balance sheet loans (1)
Key account items
1Q 2021
(RMB mm)
Interest income
302
"
Represents interest income on loan receivables, which is recognized
on an accrual basis using effective interest rate method
Such loan receivables represent loans originated through the
Company's micro-lending company, and by consolidated trusts
As % of Total Revenues
Income
Statement
Interest expenses
-22
"
Provision for
loans
receivable
-19
Mar 31, 2021
(RMB mm)
Loans receivables,
net of provision for
loan losses
1,343
Balance
Sheet
Funds payable to
investors of
827
consolidated
trusts
"
Mainly represents the investment returns of third-party investors
in the trusts
Recognized on an accrual basis
Provision for potential losses on loan receivables based on
expected life time credit losses of the loans
Represents loans originated by the Company through its micro-lending
company, and the consolidated trusts, net of allowances for loan losses.
The Company is the primary beneficiary of the trusts, which solely invest in
loans on the Company's platform
Their assets, liabilities, results of operations, cash flows are consolidated.
13%
As % of Total Assets
9%
Represents the funds payable to third-party investors in the trusts.
As % of Total Liabilities
(1) Mainly loans facilitated on our marketplace by trusts and our micro-lending company.
13%
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