Company Quick10K Filing
China Lending
20-F 2018-12-31 Filed 2019-04-26
20-F 2017-12-31 Filed 2018-04-30
20-F 2016-12-31 Filed 2017-03-03
10-Q 2016-09-30 Filed 2016-11-14
10-Q 2016-06-30 Filed 2016-08-15
10-K 2016-03-31 Filed 2016-06-29
10-Q 2015-12-31 Filed 2016-02-12
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-12
10-K 2015-03-31 Filed 2015-05-07
10-Q 2014-12-31 Filed 2015-02-06
10-Q 2014-09-30 Filed 2014-11-14

China Lending Financials

CLDC Metrics, Comps, Filings

Quarterly | Annual

Business

Corporate History and Structure of our PRC Operation

China Lending Corporation, a British Virgin Islands corporation (formerly DT Asia Investments Limited) was incorporated in the British Virgin Islands as a company with limited liability on April 8, 2014. The Company was formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, or contractual control arrangement with, purchasing all or substantially all of the assets of, or engaging in any other similar business combination with one or more businesses or entities.

On July 6, 2016, we consummated the transactions contemplated by a Share Exchange Agreement (the “Share Exchange Agreement”) dated January 11, 2016, by and among DT Asia Investments Limited (“DT Asia”), Adrie Global Holdings Limited (“Adrie”), each of Adrie's shareholders (collectively, the “Sellers”), DT Asia's sponsor, DeTiger Holdings Limited (the “Sponsor”), and Li Jingping, in her capacity as the representative for the Sellers, pursuant to which DT Asia effected an acquisition of Adrie and its subsidiaries, including certain wholly foreign-owned enterprises registered in China which contractually control Urumqi Feng Hui Direct Lending Limited, a registered company in Xinjiang, China (Adrie and its controlled entities, collectively, the “China Lending Group”) by acquiring from the Sellers all outstanding equity interests of Adrie (the “Business Combination”).


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Orix (IX) 97,598,674 0% 12,174,917,000 9,211,936,000 0 0 0 0 3,000,240,674
FSB Bancorp (FSBC) 30,973 21.8 -0% 324,810 292,893 0 0 -37 3,667 80,019
Glen Burnie Bancorp (GLBZ) 30,504 2.9 0% 383,438 348,070 0 0 1,367 3,747 10,933
Manning & Napier (MN) 30,441 61% -4.0 6% 223,499 70,463 103,269 62,494 12,713 14,664 -57,942
Payment Data Systems (PYDS) 29,974 22% -6.1 -7% 60,160 49,933 24,222 5,354 -4,197 -2,233 13,655
CPI Card Group (PMTS) 29,856 33% 22.7 -1% 213,749 363,889 273,964 90,300 -2,217 14,233 322,853
Big Rock Partners Acquisition (BRPA) 29,620 57.6 1% 41,685 2,434 0 0 423 511 29,426
National Security Group (NSEC) 29,113 0% 28.2 0% 154,112 101,973 50,385 0 0 1,141 32,189
WVS Financial (WVFC) 28,516 2.4 1% 358,573 321,935 0 0 2,840 8,837 21,203
Live Ventures (LIVE) 28,395 37% 6.4 3% 131,848 90,639 207,254 76,140 4,126 12,010 76,415
Tenzing Acquisition (TZACU) 26,364 28.2 1% 65,989 2,241 0 0 926 926 26,091
Eagle Financial Bancorp (EFBI) 26,407 0% 11.6 0% 142,308 114,438 200 0 432 1,517 17,624
China Lending (CLDC) 25,035 2.8 8% 95,669 122,016 0 0 7,428 11,668 33,174
Dragon Victory (LYL) 22,043 0% 12,314 2,997 0 0 0 0 22,005
DD3 Acquisition (DDMXU) 21,966 -164.5 -0% 57,011 52,011 0 0 -133 -133 21,904
WCF Bancorp (WCFB) 21,773 13.4 0% 133,421 105,392 0 0 7 1,314 17,608
Tottenham Acquisition I (TOTA) 21,142 80.1 1% 48,151 2,592 0 0 258 258 20,694
HL Acquisitions (HCCH) 19,579 22.8 2% 56,618 51,618 0 0 858 858 19,572
National Rural Utilities Cooperative Finance Corporation (NRUC) 45.7 -1% 27,124,372 25,820,490 0 0 -196,730 437,081 19,960,979

Balance Sheet ($'000)2014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-12-312018-12-31
Cash53572255255122531158,0884,4971,2201,312
Accounts Receivable
Inventory
PP&E101884629
Assets52270,39670,27970,08170,15270,23870,21816,618158,647158,957119,62095,669
Accounts Payable
Long-Term Debt10,49913,39113,5239,451
Liabilities5121071211124621,01455,0101,87041,09045,78752,871122,016
Stockholders' Equity105,0005,0005,0005,0005,0005,0005,000108,816104,25657,783-36,000
Income Statement ($'000)2014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A10106137197296509449469
Tax8321,100
Net Income-10-101-130-190-279-467-409-4603,8683,560
Cash Flow ($'000)2014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-12-312018-12-31
Cash Operating-164-132-172-297-433-457-4746,300
Cash Investing0000053,635-11,690
Cash Financing70,488-00300500388-53,1007,978