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 | |
|