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China Assurance Finance Group Limited (Hong Kong SAR, China)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities | Management, Scientific, and Technical Consulting Services
Full name: China Assurance Finance Group Limited Profile Updated: March 09, 2021
Buy our report for this company USD 19.99 Most recent financial data: 2017 Available in: English & Chinese Download a sample report

China Assurance Finance Group Limited is engaged in the provision of guarantee services and the relevant consultancy services to small and medium-sized enterprises in the People's Republic of China. The company entered cooperation arrangements with different state-owned and private commercial banks pursuant to which the Group and the cooperative banks agree to refer to each other potential customers which plan to apply for credit facilities. The company also provides its customers with performance guarantees, guaranteeing that the customers will perform their contractual obligations to the counter-parties in relation to, inter alia, delivery of goods, services contracts and other obligations. Save for the aforesaid, pursuant to the business scope of Hebei Da Sheng and Xiamen Da Sheng, the Group is also permitted to provide various kinds of performance guarantees, including without limitation provision of contract tendering and bidding guarantee and trade-related guarantees and litigation bond, which are yet to be provided by the Group. In addition the Group also provides its customers with consultancy services by entering into a separate consultancy services agreement with them. The Group also provides consultancy services for a fee based on a percentage of the guarantee amount or contract sum. The company boasts a strong market presence in Hebei and Xiamen provinces in China.

Headquarters
Units 03-05, 17th Floor, K. Wah Centre, 191 Java Road, North Point, Hong Kong
Hong Kong; Hong Kong;

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Website: http://www.cafgroup.hk

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
Key Executives
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Chairman and Executive Director
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Executive Director
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Executive Director
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Independent Non-Exec Director
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Independent Non-Exec Director
Ownership Details
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43.9%
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5.45%
Subsidiaries
Aurora Logistics CapitalAssurance Limited
100%
China Assets GroupInvestment Limited
100%
China Assets GroupManagement Limited
100%
Company Performance
Financial values in the chart are available after China Assurance Finance Group Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-8.65%
Total operating revenue
-8.65%
Operating profit (EBIT)
0.43%
Net Profit (Loss) for the Period
-1.71%
Operating Profit Margin (ROS)
-63.52%
Net Profit Margin
-93.94%

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