CNFinance Holdings Limited (CNF) Q2 2024 Earnings Call Transcript Summary
CNFinance Holdings Limited (CNF) Q2 2024 Earnings Call Transcript Summary
Total interest and fees expenses increased, primarily due to the rise in average daily balance of interest-bearing borrowings.The following is a summary of the CNFinance Holdings Limited (CNF) Q2 2024 Earnings Call Transcript:
以下是泛華金融控股有限公司（CNF）2024年第二季度業績會交易簡報：
Financial Performance:
金融業績：
CNFinance's total interest and fees income increased to RMB926.5 million, up 4.7% from the previous year.
Net interest and fees income increased by 1.3%, totaling RMB524.8 million.
Total interest and fees expenses increased, primarily due to the rise in average daily balance of interest-bearing borrowings.
Net income decreased to RMB48 million, down from RMB93.1 million in the previous year.
Non-performing loans ratio maintained at 1.2%.
泛華金融的總利息和手續費收入增加至人民幣92650萬，比上年增長4.7%。
淨利息和手續費收入增長1.3%，達到人民幣52480萬。
總利息和手續費支出增加，主要是由於利息負債的日均餘額上升。
淨利潤下降至人民幣4800萬，低於上年的人民幣9310萬。
不良貸款比率保持在1.2%。
Business Progress:
業務進展：
CNFinance focused on maintaining asset quality, controlling loan originations mainly in first-tier and emerging first-tier cities.
Enhanced collaboration with third-party asset management firms to improve efficiencies in collecting delinquent loans.
Strengthened support for sales partners, easing liquidity pressures and enhancing mutual risk sharing.
Actively engaged funding partners to negotiate reduced financing rates, benefiting end-user rates.
泛華金融專注於保持資產質量，在一線和新一線城市主要控制貸款發放。
加強與第三方資產管理公司的合作，提高催收逾期貸款的效率。
加強對銷售合作伙伴的支持，緩解流動性壓力，加強風險共擔。
積極與融資合作伙伴合作，談判降低融資利率，受益於終端用戶利率。
Opportunities:
機會：
Maintained focus on optimizing asset quality and operational efficiency amidst macroeconomic and real estate market uncertainties.
Plans to expand product portfolio to adapt to various business scenarios and improve efficiency.
在宏觀經濟和房地產市場不確定性的背景下，保持專注於優化資產質量和運營效率。
計劃擴大產品組合，以適應各種業務場景並提高效率。
Risks:
風險：
Increased operating expenses due to higher fees paid to third-party asset management firms for loan collection efforts.
Provision for credit losses increased due to a rise in outstanding loan principal.
由於向第三方資產管理公司支付更高的費用以進行貸款收回工作，營業費用增加。
由於未償還貸款本金的增加，信貸損失準備金增加。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
