By Helgi Library - October 3, 2019
PPDAI Group generated total banking revenues of CNY 1,562 mil in the second quarter of 2019, up 46.7% when compared to the same p...
By Helgi Library - October 3, 2019
PPDAI Group stock traded at USD 4.35 per share at the end second quarter of 2019 implying a market capitalization of USD 1,335 mil. Sin...
By Helgi Library - October 3, 2019
PPDAI Group made a net profit of CNY 661 mil under revenues of CNY 1,562 mil in the second quarter of 2019, up 8.89% and 46.7...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | CNY mil | 41.8 | 31.4 | 256 |
| Net Fee Income | CNY mil | 1,038 | 3,512 | 3,842 |
| Other Income | CNY mil | 170 | 384 | 446 |
| Total Revenues | CNY mil | 1,250 | 3,927 | 4,544 |
| Operating Profit | CNY mil | 272 | 1,576 | 2,146 |
| Provisions | CNY mil | 34.7 | 46.6 | 299 |
| Net Profit | CNY mil | 501 | 1,083 | 2,469 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | CNY mil | 260 | 1,959 | 1,695 |
| Customer Loans | CNY mil | 287 | 1,153 | 2,064 |
| Total Assets | CNY mil | 2,147 | 8,604 | 13,143 |
| Shareholders' Equity | CNY mil | 772 | 3,682 | 5,986 |
| Interbank Borrowing | CNY mil | 895 | 3,177 | 4,724 |
| Customer Deposits | CNY mil | 0 | 0 | 0 |
| Issued Debt Securities | CNY mil | 0 | 503 | 1,506 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 96.4 | 48.6 | 51.1 |
| ROA | % | 34.8 | 20.1 | 22.7 |
| Costs (As % Of Assets) | % | 67.9 | 43.7 | 22.1 |
| Costs (As % Of Income) | % | 78.3 | 59.9 | 52.8 |
| Net Interest Margin | % | 2.90 | 0.584 | 2.36 |
| NPLs (As % Of Loans) | % | 3.70 | 8.12 | 7.27 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | 24.1 | 6.67 | 3.09 | |
| Price/Book Value (P/BV) | 15.7 | 1.96 | 1.27 | |
| Earnings Per Share (EPS) | CNY | 0.754 | 1.39 | 1.54 |
| Book Value Per Share | CNY | 1.16 | 4.72 | 3.74 |
Get all company financials in excel:
| income statement | Unit | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||
| Interest Income | CNY mil | ... | 60.0 | ||
| Interest Cost | CNY mil | ... | 18.2 | ||
| Net Interest Income | CNY mil | 4.25 | 41.8 | ||
| Net Fee Income | CNY mil | 172 | 1,038 | ||
| Other Income | CNY mil | 25.1 | 170 | ||
| Total Revenues | CNY mil | 202 | 1,250 | ||
| Other Cost | CNY mil | 341 | 979 | ||
| Operating Cost | CNY mil | 341 | 979 | ||
| Operating Profit | CNY mil | -139 | 272 | ||
| Provisions | CNY mil | 5.91 | 34.7 | ||
| Extra and Other Cost | CNY mil | -77.3 | -313 | ||
| Pre-Tax Profit | CNY mil | -67.8 | 550 | ||
| Tax | CNY mil | 4.36 | 48.3 | ||
| Minorities | CNY mil | 0 | 0 | ||
| Net Profit | CNY mil | -72.1 | 501 | ||
| growth rates | |||||
| Net Interest Income Growth | % | ... | 884 | ||
| Net Fee Income Growth | % | ... | 503 | ||
| Total Revenue Growth | % | ... | 520 | ||
| Operating Cost Growth | % | ... | 187 | ||
| Operating Profit Growth | % | ... | -295 | ||
| Pre-Tax Profit Growth | % | ... | -911 | ||
| Net Profit Growth | % | ... | -795 |
| balance sheet | Unit | 2015 | 2016 | 2017 | 2018 |
| balance sheet | |||||
| Cash | CNY mil | 362 | 1,208 | ||
| Interbank Loans | CNY mil | 34.5 | 260 | ||
| Customer Loans | CNY mil | 115 | 287 | ||
| Total Assets | CNY mil | 737 | 2,147 | ||
| Shareholders' Equity | CNY mil | 268 | 772 | ||
| Liabilities | CNY mil | 469 | 1,375 | ||
| Interbank Borrowing | CNY mil | 302 | 895 | ||
| Customer Deposits | CNY mil | 0 | 0 | ||
| Issued Debt Securities | CNY mil | 0 | 0 | ||
| Other Liabilities | CNY mil | 167 | 480 | ||
| growth rates | |||||
| Customer Loan Growth | % | ... | 148 | ||
| Total Asset Growth | % | ... | 191 | ||
| Shareholders' Equity Growth | % | ... | 188 |
| ratios | Unit | 2015 | 2016 | 2017 | 2018 |
| ratios | |||||
| ROE | % | -26.9 | 96.4 | ||
| ROA | % | -9.79 | 34.8 | ||
| Costs (As % Of Assets) | % | 46.2 | 67.9 | ||
| Costs (As % Of Income) | % | 169 | 78.3 | ||
| Net Interest Margin | % | 0.577 | 2.90 | ||
| Interest Spread | % | ... | 2.19 | ||
| Asset Yield | % | ... | 4.16 | ||
| Cost Of Liabilities | % | ... | 1.97 | ||
| Interest Income (As % Of Revenues) | % | 2.11 | 3.34 | ||
| Fee Income (As % Of Revenues) | % | 85.5 | 83.0 | ||
| Other Income (As % Of Revenues) | % | 12.4 | 13.6 | ||
| Equity (As % Of Assets) | % | 36.4 | 36.0 | ||
| Loans (As % Assets) | % | 15.7 | 13.4 | ||
| NPLs (As % Of Loans) | % | 1.93 | 3.70 | ||
| Cost of Provisions (As % Of Loans) | % | 5.12 | 17.3 |
| other data | Unit | 2015 | 2016 | 2017 | 2018 |
| other data | |||||
| On-balance Sheet Loans | RMB mil | 115 | 287 | ||
| Loan Facilitation & Servicing Fee | CNY mil | 164 | 911 | ||
| Processing and Servicing Cost | CNY mil | 99.4 | 388 | ||
| Provision for Credit Losses of Contract Assets and Service Fees Receivable | CNY mil | ... | ... | ||
| Profit on Off-Balance Sheet Loans | CNY mil | ... | ... | ||
| Profit on Off-Balance Sheet Loans (As % of Pre-Tax Profit) | CNY mil | ... | ... |
Get all company financials in excel:
By Helgi Library - October 3, 2019
PPDAI Group's customer deposits reached CNY 0 mil in 2016-12-31, down 0% compared to the previous year. Chinese banking sector accepted customer deposits of CNY 71,030 bil in 2016-12-31, up 6.68% when compared to the last year. PPDAI Group accounted for 0...
By Helgi Library - October 23, 2019
PPDAI Group stock traded at JPY 1,645 per share at the end of second quarter of 2019 implying a market capitalization of USD 3,477 mil. Over the last five years, the stock has depreciated by 36.4 implying an annual average growth of -8.65% In absolute ter...
By Helgi Library - October 3, 2019
PPDAI Group stock traded at USD 4.35 per share at the end of second quarter of 2019 implying a market capitalization of USD 1,335 mil. Over the last five years, the stock has appreciated by % implying an annual average growth of 0 %. In absolute terms, the value of t...
By Helgi Library - October 7, 2019
PPDAI Group's Equity reached 7.25% of total assets in the 2Q2019, up from 7.16% for the previous year. As a share of net customer loans, the ratio amounted to 13.9% at the end of the second quarter of 2019. ...
By Helgi Library - October 3, 2019
PPDAI Group's customer loans reached CNY 287 mil in 2016-12-31, down 0% compared to the previous year. Chinese banking sector provided customer loans of CNY 116,601 bil in 2016-12-31, up 2.32% when compared to the last year. PPDAI Group accounted for 0.01...
PPDAI Group has been growing its revenues and asset by % and % a year on average in the last 3 years. Its loans and deposits have grown by % and % a year during that time and loans to deposits ratio reached at the end of 2018. The company achieved an average return on equity of % in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached in 2018, compared to % average in the last three years.
Equity represented of total assets or of loans at the end of 2018. PPDAI Group's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2018.
PPDAI Group stock traded at per share at the end of 2018 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of % the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of x in 2018.
Helgi Library 
