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Organization and principal activities (Tables)

12 Months Ended

Dec. 31, 2018

Organization And Principal Activities Tables Abstract

Details of subsidiaries and variable interest entity

Subsidiary		Place of incorporation		Particular of issued and fully paid up capital		Group’s effective interest				Held by the Company				Held by a subsidiary				Principal activities
True Silver Limited		British Virgin Islands		US$50,000			100	%			100	%			-			Investment holding

Chutian Financial Holdings (Hong Kong) Limited		Hong Kong		HK$10,000			100	%			-				100	%		Investment holding

Wuhan Chutian Investment Holdings Co. Ltd		PRC		USD3,000,000			100	%			-				100	%		Investment holding

Variable interest entity
Hubei Chutian Microfinance Co., Ltd		PRC		RMB450,000,000			80	%			-				80	%		Microfinance lenders

Schedule of accompanying consolidated financial

						As of December 31,
						2017				2018
						RMB’000				RMB’000

Total current assets							853,185				599,931
Total non-current assets							15,266				50,833
Total assets							868,451				650,764

Total current liabilities							273,750				274,316
Total liabilities							273,750				274,316

		For the year ended December 31,
		2016				2017				2018
		RMB’000				RMB’000				RMB’000
Interest income on loans			104,896				119,639				141,857
Net profit			41,948				30,676				15,794