Jiangsu leasing has the following characteristics to illustrate that Jiangsu leasing is better:
First of all, the net profit of revenue is the same as that of Shuang Sheng.
Jiangsu Leasing, as the only domestic financial leasing company that has landed on A-shares, will realize total assets of 865.438+29 billion yuan in 2020, an increase of 65.438+0292.7 billion yuan or 65.438+0% compared with the beginning of the year.
In March 2020, Jiangsu Leasing took the lead in resuming work and production, and the new investment in the whole year rose against the trend, with a year-on-year increase of 26%.
As of the end of the reporting period, the balance of accounts receivable under financial leasing of the company was 80.243 billion yuan, an increase of 65.438+02.676 billion yuan or 65.438+08.76% over the end of the previous year. At the same time, the company achieved a net profit of 65.438+0.877 billion yuan, a year-on-year increase of 654.38+0.856%; The net profit rate of leasing was 3.9 1%, up 0.22 percentage points year-on-year; Return on total assets was 2.5 1%, up 0.02 percentage points year on year; The weighted average return on equity was 15. 15%, up 1.33 percentage points year-on-year.
In terms of asset quality, by the end of 2020, the non-performing rate of leased assets in Jiangsu will be controlled at 0.88%, which is lower than the average level of commercial banks 1.9 1%. The provision ratio was 4.03%, an increase of 0.33 percentage points over the end of last year; The provision coverage ratio was 459.73%, an increase of 23.09 percentage points over the end of last year.
Jiangsu Leasing, established in 1985, is a non-bank financial institution engaged in financial leasing business approved by China Banking Regulatory Commission, with a total share capital of 2.987 billion shares. From the perspective of shareholders, Jiangsu Communication Holdings, the controlling shareholder, is the largest state-owned enterprise in Jiangsu Province, and Jiangsu Communication Holdings and its concerted parties hold 39.05% of the shares of the company. Other major shareholders include Bank of Nanjing, International Finance Corporation and BNP Paribas Leasing Group.
Second, the retail transformation has achieved remarkable results.
It is worth mentioning that in 2020, Jiangsu's rental retail transformation achieved remarkable results, with nearly 50,000 new contracts signed throughout the year, an increase of nearly 300% year-on-year, of which the number of contracts with financing amount ≤ 500,000 accounted for more than 90%.
In terms of auto finance, the scale of leasing business in Jiangsu increased by over 65,438+000% year-on-year, and the number of projects was five times that of last year, forming the company's first transformation sector of over 10 billion. In terms of regional small and micro enterprises, we will further increase staffing, deepen the small and micro markets in southern Jiangsu and central Jiangsu, and focus on tapping the financial needs of small and micro enterprises in the fields of medical devices and epidemic prevention materials production. The scale of business delivery increased by more than 47% year-on-year.
In addition, Jiangsu Leasing also expanded online financial services such as face recognition electronic online signing last year to reduce the impact of the epidemic on business development; Expand the functions of the main and auxiliary business systems, run the data platform and manage the cockpit, improve the ability of data value mining and application, and support small and micro-single and large-scale business processing through customer portrait, intelligent decision-making and intelligent risk control.
On February 5 this year, Xiong, chairman of Jiangsu Leasing, pointed out at the 2020 annual work conference that in 2020, under the extremely difficult situation and enormous pressure, the company's performance went against the market, mainly reflected in seven aspects: First, the new investment reached a new high; Second, nearly 50,000 new contracts were signed; Third, for the first time, there is a market with a transformation of 10 billion yuan; Fourth, the profitability reached a record high; Fifth, the role of science and technology is unprecedented; Sixth, maintain the stability of asset quality insurance; Seventh, the restricted stock equity incentive has achieved a breakthrough.