v3.22.2.2
Unaudited Condensed Consolidated Statements of Comprehensive Income - CNY (¥)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Interest and fees income    
Interest and financing service fees on loans ¥ 1,180,106,666 ¥ 1,325,657,014
Interest on deposits with banks 8,755,924 7,906,514
Total interest and fees income 1,188,862,590 1,333,563,528
Interest and fees expenses    
Interest expenses on interest-bearing borrowings (583,589,934) (570,366,896)
Total interest and fees expenses (583,589,934) (570,366,896)
Net interest and fees income 605,272,656 763,196,632
Interest income charged to sales partners 89,501,328 22,259,910
Collaboration cost for sales partners (241,162,974) (306,281,841)
Net interest and fees income after collaboration cost 453,611,010 479,174,701
Provision for credit losses (net of increase in guaranteed recoverable assets of RMB285,613,359 and RMB544,712,308 for period ended September 30, 2021 and 2022, respectively) (154,240,697) (30,054,230)
Net interest and fees income after collaboration cost and provision for credit losses 299,370,313 449,120,471
Realized gains on sales of investments, net 16,933,615 10,053,417
Net gains on sales of loans 51,040,366 17,878,084
Other gains, net 29,606,528 11,624,150
Total non-interest incomes 97,580,509 39,555,651
Operating expenses    
Employee compensation and benefits (141,421,960) (148,752,761)
Share-based compensation expenses (4,330,701) (14,074,776)
Taxes and surcharges (24,822,600) (25,658,316)
Operating lease cost (10,764,863) (11,537,679)
Other expenses (73,029,230) (74,584,462)
Total operating expenses (254,369,354) (274,607,994)
Income before income tax expense 142,581,468 214,068,127
Income tax expense (35,367,175) (44,212,239)
Net income ¥ 107,214,293 ¥ 169,855,888
Earnings per share    
Basic (in Yuan Renminbi per share) ¥ 0.08 ¥ 0.12
Diluted (in Yuan Renminbi per share) ¥ 0.07 ¥ 0.11
Other comprehensive (losses)/income    
Net unrealized income on investment securities
Foreign currency translation adjustment 18,747,600 (1,618,941)
Comprehensive income ¥ 125,961,893 ¥ 168,236,947