Company Quick10K Filing
Consumer Capital Group
10-Q 2019-09-30 Filed 2019-11-19
10-Q 2019-06-30 Filed 2019-08-14
10-Q 2019-03-31 Filed 2019-05-20
10-K 2018-12-31 Filed 2019-04-01
10-Q 2018-09-30 Filed 2018-11-14
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-21
10-K 2017-12-31 Filed 2018-05-17
10-Q 2017-09-30 Filed 2017-11-20
10-Q 2017-06-30 Filed 2017-08-14
10-Q 2017-03-31 Filed 2017-05-16
10-K 2016-12-31 Filed 2017-04-17
10-Q 2016-09-30 Filed 2016-11-14
10-Q 2016-06-30 Filed 2016-08-15
10-Q 2016-03-31 Filed 2016-05-17
10-K 2015-12-31 Filed 2016-05-04
10-Q 2014-09-30 Filed 2014-11-19
10-Q 2014-06-30 Filed 2014-08-19
10-Q 2014-03-31 Filed 2014-05-15
10-K 2013-12-31 Filed 2014-03-31
10-Q 2013-09-30 Filed 2013-11-14
10-Q 2013-06-30 Filed 2013-08-14
10-Q 2013-03-31 Filed 2013-05-15
10-K 2012-12-31 Filed 2013-04-01
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-15
10-K 2011-12-31 Filed 2012-03-30
10-Q 2011-09-30 Filed 2011-11-14
10-Q 2011-06-30 Filed 2011-08-15
10-Q 2011-03-31 Filed 2011-05-23
10-Q 2010-09-30 Filed 2010-11-02
10-K 2010-06-30 Filed 2010-09-08
10-Q 2010-03-31 Filed 2010-05-12
10-Q 2009-12-31 Filed 2010-02-05
8-K 2020-03-30 Other Events
8-K 2020-01-04 Officers
8-K 2018-12-31 Amendment, Exhibits
8-K 2018-03-29 Leave Agreement, Exhibits
8-K 2018-03-11 Accountant, Exhibits

Consumer Capital Group Financials

CCGN Metrics, Comps, Filings

Quarterly | Annual

Business

We strive to become a one-stop shop that focuses on lending service for car dealerships in China. We are primarily engaged in the business of microfinancing services. We operate our direct microfinancing business through our variable interest entity, or “VIE”, Arki Network and its subsidiaries, Arki Capital, Arki Tianjin E-Commerce and Arki Guangzhou. With the increased difficulty of obtaining sufficient financing through traditional channels by car dealerships, we offer them alternative financing means through risk-controlled private lending to meet their capital needs and develop their business. We offer advisory and risk assessment services to both lenders and borrowers to help increase the efficiency of loan origination by financial institutions. It is our belief that the growth of car dealerships will become an important factor of China's economic growth in the next decade. We believe that our expertise in streamlining microfinancing process will place our company in a unique position in the marketplace.

Currently, we engage in microfinancing business through our VIE, Arki Network and its subsidiaries, Arki Capital and Arki Tianjin E-Commerce, to provide direct loans primarily to car dealerships based in Liaoning Province. Our relationship with Arki Network is governed by a series of contractual relationships among Arki Network, the shareholders of Arki Network, and two of our subsidiaries, Arki E-Commerce and America Arki. However, effective in June 2018, America Arki ceased operations and cancelled its registration records. The cessation of America Arki's operations does not represent a strategic shift with a material effect on the Company's operations and financial results and America Arki is not accounted for discontinued operation in the consolidated financial statements. Subsequent to the cessation of America Arki's operations, our relationship with Arki Network continues to be governed by the ongoing contractual arrangements with Arki E-Commerce.

Prior to focusing our targeted customer basis on car dealerships, we provided loans to small and medium sized enterprises and sole proprietors. We do not lend to individuals. Through Arki Network's collaboration with China UnionPay Merchant Service (Liaoning) Co. Ltd (“UnionPay Liaoning”), Arki Capital provides private loans to borrowers (primarily, car dealerships) for a service fee of 5%, and Arki Network and UnionPay Liaoning act as intermediaries to facilitate the loan transactions. Arki Network charges a service fee of 3% of the loan proceeds, of which 0.5% is paid to UnionPay Liaoning.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Security Federal (SFDL) 112 5.4 1% 991 899 0 0 8 18 98
ATIF Holdings (ATIF) 110 0% 12 1 0 0 0 0 104
Sears Holdings (SHLD) 110 19% -3.7 -5% 33,110 35,625 13,191 2,568 -1,700 -611 2,291
CSB Bancorp (CSBB) 110 2.0 1% 787 703 0 0 10 15 30
Nemus Bioscience (NMUS) 109 -34.9 -220% 2 18 0 0 -4 -3 108
Eagle Financial Services (EFSI) 108 5.2 1% 851 757 0 0 9 13 69
UTG (UTGN) 107 0% 4.4 3% 419 290 35 0 14 18 81
Consumer Capital Group (CCGN) 106 100% -60.0 -140% 1 8 0 0 -2 -2 106
Bay Banks of Virginia (BAYK) 105 3.9 0% 1,112 987 0 0 5 19 73
Epsilon Energy (EPSN) 104 0% 8.7 7% 95 20 12 0 7 10 85
Juniata Valley Financial (JUVF) 102 13.6 1% 667 593 0 0 6 10 134
F&M Bank (FMBM) 102 16.1 0% 813 722 0 0 3 9 139
Invesco CurrencyShares Australian Dollar Trust (FXA) 101 0% -56.1 1% 98 0 1 0 1 1 -44
Zoned Properties (ZDPY) 101 0% 277.2 0% 8 2 1 0 0 0 102
Virginia National Bankshares (VABK) 100 7.1 1% 661 585 0 0 5 10 72
Juniper Pharmaceuticals (JNP) 99 41% 49.7 -1% 68 19 56 23 -1 2 81
Hash Labs (HLAB) 99 -24.3 -2,247% 0 0 0 0 -4 -4 98
Nuvera Communications (NUVR) 99 0% 7.1 4% 164 85 49 0 7 21 151
ITUS (ITUS) 98 0% -9.7 -142% 7 1 0 0 -10 -10 94
Capital Properties (CPTP) 97 0% 30.3 23% 10 2 4 0 2 3 95

Balance Sheet ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash1110000000003222111211121100
Accounts Receivable00101111000011
Inventory111111111100
PP&E0000000000000000000000000000
Assets2432223222004347464887751211101221
Accounts Payable111211111100
Long-Term Debt
Liabilities4244484446444756161699118
Stockholders' Equity-1-2-1-122333-2-2-3-3-3-4-4-5-3
Income Statement ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue222221211100056110-0002000
Cost of Revenue2212212111000000000000
Gross Profit011000000000056-111101000
R&D
SG&A111000000000111-21101000000
Tax0-0000000000000-0000010000-0-0
Net Income-0-1-0-0-0-00-0-0-0-0-3-01-01-0-1-5-0-1-0-1-1-1-0
Cash Flow ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-0-0-11-10-00-0-0-3-0-2-332-01-1-0-1-1
Cash Investing-0000-41-31-0020-1020-0-0
Cash Financing001-1-00423-72-3-11100-021