v3.22.2.2
Loans Principal, Interest and Financing Service Fee Receivables (Tables)
9 Months Ended
Sep. 30, 2022
Receivables [Abstract]  
Schedule of loans principal, interest and financing service fee receivables
   Note  December 31,
2021
   September 30,
2022
 
      RMB   RMB 
Home equity loan:  (i)        
Loans principal, interest and financing service fee receivables      9,412,717,366    9,259,642,529 
              
Less: allowance for credit losses  (a)          
- Individually assessed      (61,479,897)   (45,635,286)
- Collectively assessed      (914,370,954)   (965,307,764)
              
Subtotal      (975,850,851)   (1,010,943,050)
              
Net loans principal, interest and financing service fee receivables of home equity loan      8,436,866,515    8,248,699,479 
              
Corporate loan:  (ii)          
Loans principal, interest and financing service fee receivables      
-
    284,982,538 
              
Less: allowance for credit losses      
-
    (6,136,295)
              
Net loans principal, interest and financing service fee receivables of corporate loan      
-
    278,846,243 
              
Net loans principal, interest and financing service fee receivables      8,436,866,515    8,527,545,722 

Schedule of allowances for loans principal, interest and financing service fee receivables by impairment methodology with the recorded investment
   Nine months ended September 30, 2022 
   Allowance for
loans which are
collectively
assessed
   Allowance for
loans which are
individually
assessed
   Total 
   RMB   RMB   RMB 
             
As of January 1   914,370,954    61,479,897    975,850,851 
Provision for credit losses   39,674,709    173,064,064    212,738,773 
Charge-offs(1)   (193,168,795)   (242,947,778)   (436,116,573)
Increase in guaranteed recoverable assets   204,430,896    25,223,738    229,654,634 
Recoveries   
-
    28,815,365    28,815,365 
                
As of September 30   965,307,764    45,635,286    1,010,943,050 
                
Net loans principal, interest and financing service fee receivables   8,154,672,302    94,027,177    8,248,699,479 
                
Recorded investment   9,119,980,066    139,662,463    9,259,642,529 

 

   Nine months ended September 30, 2021 
   Allowance for
loans which are
collectively
assessed
   Allowance for
loans which are
individually
assessed
   Total 
   Subtotal   Subtotal   RMB 
   RMB   RMB     
             
As of January 1   535,967,177    71,998,321    607,965,498 
Provision for credit losses   (116,550,594)   128,060,127    11,509,533 
Charge-offs(1)   (1,198,134)   (243,302,896)   (244,501,030)
Increase in guaranteed recoverable assets   81,609,992    155,066,460    236,676,452 
Recoveries   
-
    23,577,905    23,577,905 
                
As of September 30   499,828,441    135,399,917    635,228,358 
                
Net loans principal, interest and financing service fee receivables   9,758,829,979    251,002,604    10,009,832,583 
                
Recorded investment   10,258,658,420    386,402,521    10,645,060,941 

 

Schedule of aging of allowance for credit losses
   Total
current
   1 - 30 days
past due
   31 - 90 days
past due
   91 - 180 days
past due
   Total
loans
 
   RMB   RMB   RMB   RMB   RMB 
The collaboration model                    
First lien   237,910,121    77,116,334    55,178,321    8,899,717    379,104,493 
Second lien   413,700,563    101,187,722    79,975,921    36,735,569    631,599,775 
                          
Subtotal   651,610,684    178,304,056    135,154,242    45,635,286    1,010,704,268 
                          
The traditional facilitation model                         
First lien   5,703    
-
    149,955    
-
    155,658 
Second lien   83,124    
-
    
-
    
-
    83,124 
                          
Subtotal   88,827    
-
    149,955    
-
    238,782 
                          
Allowance for credit losses   651,699,511    178,304,056    135,304,197    45,635,286    1,010,943,050 

 

   Total
current
   1 - 30 days
past due
   31 - 90 days
past due
   91 - 180 days
past due
   Total
loans
 
   RMB   RMB   RMB   RMB   RMB 
The collaboration model                    
First lien   189,814,922    86,537,327    66,784,464    31,394,514    374,531,227 
Second lien   340,800,002    124,542,266    80,395,050    26,996,820    572,734,138 
                          
Subtotal   530,614,924    211,079,593    147,179,514    58,391,334    947,265,365 
                          
The traditional facilitation model                         
First lien   5,618,913    3,503,613    4,980,213    1,574,208    15,676,947 
Second lien   5,491,292    2,285,562    3,617,330    1,514,355    12,908,539 
                          
Subtotal   11,110,205    5,789,175    8,597,543    3,088,563    28,585,486 
                          
Allowance for credit losses   541,725,129    216,868,768    155,777,057    61,479,897    975,850,851 

 

Schedule of aging of past-due loan principal and financing service fee receivables
   Total
current
   1 - 30 days
past due
   31 - 90 days
past due
   91 - 180 days
past due
   181 - 270 days
past due
   271 - 360 days
past due
   over 360 days
past due
   Total
loans
   Total
non-accrual
 
   RMB   RMB   RMB   RMB   RMB   RMB   RMB   RMB   RMB 
The collaboration model                                    
First lien   3,031,554,612    276,591,737    190,294,075    16,290,631    6,932,328    5,243,293    18,862,267    3,545,768,943    47,328,519 
Second lien   4,981,904,634    362,675,696    275,220,859    60,098,879    10,763,925    6,698,897    13,297,348    5,710,660,238    90,859,049 
                                              
Subtotal   8,013,459,246    639,267,433    465,514,934    76,389,510    17,696,253    11,942,190    32,159,615    9,256,429,181    138,187,568 
                                              
The traditional facilitation model                                             
First lien   502,127    -    524,474    -    -    209,094    218,082    1,453,777    427,176 
Second lien   711,852    -    -    -    -    -    1,047,719    1,759,571    1,047,719 
                                              
Subtotal   1,213,979    -    524,474    -    -    209,094    1,265,801    3,213,348    1,474,895 
                                              
Loans principal, interest and financing service fee receivables   8,014,673,225    639,267,433    466,039,408    76,389,510    17,696,253    12,151,284    33,425,416    9,259,642,529    139,662,463 

 

   Total
current
   1 - 30 days
past due
   31 - 90 days
past due
   91 - 180 days
past due
   181 - 270 days
past due
   271 - 360 days
past due
   over 360 days
past due
   Total loans   Total
non-accrual
 
   RMB   RMB   RMB   RMB   RMB   RMB   RMB   RMB   RMB 
The collaboration model                                    
First lien   2,814,226,880    325,090,831    230,622,938    65,080,342    6,979,995    5,972,352    24,768,894    3,472,742,232    102,801,583 
Second lien   5,030,913,080    467,836,400    276,784,712    52,043,750    7,455,656    6,468,134    17,308,803    5,858,810,535    83,276,343 
                                              
Subtotal   7,845,139,960    792,927,231    507,407,650    117,124,092    14,435,651    12,440,486    42,077,697    9,331,552,767    186,077,926 
                                              
The traditional facilitation model                                             
First lien   20,814,948    6,532,393    8,334,398    4,887,949    285,023    122,845    653,689    41,631,245    5,949,506 
Second lien   21,237,555    4,238,098    6,081,004    5,027,879    360,727    673,625    1,914,466    39,533,354    7,976,697 
                                              
Subtotal   42,052,503    10,770,491    14,415,402    9,915,828    645,750    796,470    2,568,155    81,164,599    13,926,203 
                                              
Loans principal, interest and financing service fee receivables   7,887,192,463    803,697,722    521,823,052    127,039,920    15,081,401    13,236,956    44,645,852    9,412,717,366    200,004,129 

 

Schedule of impaired loans summary
   Recorded investment 
  

Unpaid
principal

balance

  

Impaired

loans

  

Impaired loans with related allowance for credit

losses

  

Impaired loans without related allowance for credit

losses

  

Related allowance for credit

losses

 
   RMB   RMB   RMB   RMB   RMB 
                     
First lien   43,112,851    47,755,694    13,977,803    33,777,892    8,899,717 
Second lien   89,049,877    91,906,769    57,305,289    34,601,479    36,735,569 
                          
As of September 30, 2022   132,162,728    139,662,463    71,283,092    68,379,371    45,635,286 
                          
First lien   102,914,225    108,751,090    64,871,825    43,879,265    32,968,721 
Second lien   88,073,367    91,253,039    50,995,087    40,257,952    28,511,176 
                          
As of December 31, 2021   190,987,592    200,004,129    115,866,912    84,137,217    61,479,897 

 

Schedule of average recorded investment in impaired loans
  

Nine months ended

September 30, 2021

  

Nine months ended

September 30, 2022

 
   Average recorded investment   Interest and fees income recognized   Average recorded investment   Interest and fees income recognized 
   RMB   RMB   RMB   RMB 
                 
First lien   209,780,721    40,805,772    64,281,802    59,959,073 
Second lien   204,379,990    42,672,917    86,125,497    63,190,093 
                     
Impaired loans   414,160,711    83,478,689    150,407,299    123,149,166