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Organization and principal activities (Tables) | 12 Months Ended
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Dec. 31, 2019
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 |  | $ | 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 |  | $ | 3,000,000 |  |  |  | 100 | % |  |  | - |  |  |  | 100 | % |  | Investment holding |
Variable interest entity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hubei Chutian Microfinance Co., Ltd |  | PRC |  | RMB | 450,000,000 |  |  |  | 80 | % |  |  | - |  |  |  | 80 | % |  | Microfinance lenders |
Schedule of accompanying consolidated financial |
|  |  |  |  | As of December 31, |
|  |  |  |  | 2018 |  |  | 2019 |
|  |  |  |  | RMB’000 |  |  | RMB’000 |
Total current assets |  |  |  |  |  | 599,931 |  |  |  | 615,611 |
Total non-current assets |  |  |  |  |  | 50,833 |  |  |  | 48,137 |
Total assets |  |  |  |  |  | 650,764 |  |  |  | 663,748 |
Total current liabilities |  |  |  |  |  | 274,316 |  |  |  | 237,587 |
Total liabilities |  |  |  |  |  | 274,316 |  |  |  | 237,587 |
|  | For the year ended December 31, |
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Interest income on loans |  |  | 119,639 |  |  |  | 141,857 |  |  |  | 118,396 |
Net profit |  |  | 28,826 |  |  |  | 8,155 |  |  |  | 58,616 |

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