China lending corp (CLDC)
Income statement / Yearly
Dec'17Dec'16Mar'16Dec'15Mar'15
Formation costs

-

-

0

-

2

General and administrative expenses

-

-

1,450

-

256

Total operating expenses

-

-

1,450

-

258

Interest and fee income
Interest and fees on loans

16,231

35,048

-

27,392

-

Interest and fees on loans-related parties

293

491

-

779

-

Interest on deposits with banks

1

4

-

5

-

Total interest and fee income

16,526

35,543

-

28,178

-

Interest expense
Interest expense on short-term bank loans

1,583

715

-

425

-

Interest expense and fees on secured loan

3,253

2,442

-

2,302

-

Interest expense on loans from related parties

0

0

-

61

-

Interest expense on loans from a cost investment investee

2,530

1,818

-

1,101

-

Total interest expenses

7,367

4,976

-

3,890

-

Provisions for loan losses

55,299

4,650

-

2,166

-

Net Interest Income (Loss)

-46,140

25,916

106

22,121

11

Non-interest income

570

107

-

13

-

Non-interest expenses
Salaries and employee surcharge

808

1,271

-

917

-

Business taxes and other taxes

141

686

-

1,449

-

Other operating expenses

2,053

2,666

-

2,790

-

Investment impairment

3,698

0

-

0

-

Total non-interest expenses

6,702

4,624

-

5,157

-

Non-operating expenses

243

0

-

0

-

Income (Loss) Before Tax

-52,028

21,399

-

16,977

-

Income tax expense

2,754

4,121

-

2,857

-

Total other income

-

-

106

-

11

Net Income (Loss)

-54,783

17,278

-1,343

14,119

-246

Dividend - Convertible Redeemable Class A preferred stock

686

333

-

0

-

Net income (loss) allocated to ordinary shareholders

-55,469

16,945

-

14,119

-

Other comprehensive income (loss)
Foreign currency translation adjustments

5,608

-7,530

-

-5,714

-

Comprehensive Income (loss)

-49,174

9,747

-1,343

8,405

-246

Weighted-average common shares outstanding - basic

17,343

18,353

-

20,859

-

Weighted-average common shares outstanding - diluted

17,343

21,871

-

20,859

-

Earnings (loss) per share to ordinary shareholders - Basic

-3.20

0.92

-

0.68

-

Earnings (loss) per share to ordinary shareholders - Diluted

-3.20

0.77

-

0.68

-

Basic and diluted weighted average shares outstanding

-

-

8,927

-

4,881

Basic and diluted net loss per share

-

-

-0.15

-

-0.05