Investor Presentaiton
Stable asset quality
First payment delinquency ratio (1) & M3+ ratio(2)
Vintage based M3+ delinquency ratio(3)
COVID-19
outbreak
7.07%
4.72%
2.04%
5.56%
2.86%
10%
The impact of the COVID
outbreak in December
8%
Macroeconomic slowdown
due to COVID-19 regional
outbreaks
6%
2.39% 2.28%
4%
2.06%
1.81%
1.77%
1.40% 1.53%
1.44%
0.81%
0.55% 0.44% 0.40% 0.43% 0.42% 0.43% 0.27% 0.23%
2%
0.35% 0.43%
0%
90
Q1
2020
Q2
Q3 Q4
Q1
2021
Q2
Q3
Q4
Q1
2022
Q2
Q3
Q4
First Payment Delinquency Ratio
Online M3+ Ratio
CREDIT
维信金科
4
5
6
7
8
9
10
11
12
Month on book
2017
2021Q1
2022Q1
2018
2021Q2
2019
⚫2020
2021Q3
2021Q4
2022Q2
2022Q3
Notes:
Our asset quality indicators remained relatively stable
(1) First payment delinquency ratio is defined as the total balance of outstanding principal amount of the loans we originated in the applicable period that were delinquent on their first
payment month and were not recovered within the 5-day period directly after first payment month divided by the aggregate loan origination volume in that period
(2) M3+ ratio is calculated by dividing the outstanding balance of online loans which have been delinquent for more than 3 months and have not been written off by the total
outstanding balance of loans to customers excluding offline credit products
(3) Vintage based M3+ delinquency ratio is defined as the total amount of principal for the online loans in a vintage that have become delinquent for more than 3 months, less the
total amount of recovered past due principal, and then divided by the total amount of initial principal for loans in such vintage excluding offline credit products
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