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Pintec Technology Holdings Ltd. (China)

Main Activities: Computer Systems Design and Related Services
Full name: Pintec Technology Holdings Ltd. Profile Updated: July 06, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is a Nasdaq-listed group providing technology-enabled financial and digital services to the ecosystem of MSMEs.
The Company is principally engaged in the operation of an online technology platform enabling financial services (the “Pintec Business”) in the People's Republic of China (the “PRC” or “China”).
The financial services enabled by The Company's technology platform include: (i) assistance for borrowers to obtain loans from third-party investors and certain financial partners, (ii) a lending solution for borrowers who want to finance their online purchases or who have personal or business installment loan requests, (iii) a wealth management and insurance product distribution solution for asset management and insurance companies respectively to facilitate the sales of their products and (iv) risk model building and risk control assessment to the enterprise customer based on its own or legally authorized database resources.
HISTORY:
2015 The Company commenced its business in June 2015 as a business unit within its predecessor, Jimu Holdings Limited, formerly known as Pintec Holdings Limited, which is a British Virgin Islands holding company.
2017 The Company was incorporated in the Cayman Islands on March 2, 2017 under the name Pintec Technology Holdings Limited .
2018 On October 24, 2018, The Company s ADSs commenced trading on Nasdaq under the symbol “PT”.
In December 2018, The Company established Pintec Solutions Pte. Ltd. in Singapore as the headquarters for its international business expansion. It also acquired Anxunying (Tianjin) Commercial Factoring Co., Ltd. from Jimu Group in the same month.
2019 The Company acquired control of Beijing Xinshun Dingye Technology Co., Ltd., or Xinshun Dingye, in January 2019
In April 2019, The Company acquired Infrarisk Pty Limited, an Australia-based SaaS company providing systems to lenders for managing the credit risk origination process.
In May 2019, The Company established Pintec Yunke (Ganzhou) Information Technology Co., Ltd. for the purpose of providing information services to institutions, including financial institutions.
In December 2019, The Company formed Huatai (Ningxia) Enterprise Consulting Service Partnership (Limited Partnership), a limited partnership between Pintec Ganzhou Technology., Ltd., which is its wholly-owned subsidiary, and Yinchuan Xingyin Investment Fund Partnership, which is jointly owned by the Yinchuan municipal government in Ningxia and the Yinchuan Economic and Technological Development Zone.
2020 On April 30, 2020, Pintec Beijing, Xuanji Intelligence (Beijing) Technology Co., Ltd., or Beijing Xuanji, and Beijing Xuanji's two nominee shareholders entered into an agreement to terminate the variable interest entity agreements entered into during the Reorganization
2021 On January 21, 2021, Pintec Beijing renewed the contractual arrangements with Beijing Jinke due to a change in Beijing Jinke' shareholding structure.
On April 9, 2021, The Company entered into an agreement to acquire all the equity interest in Riche Bright Securities Limited, or RB, a securities brokerage firm based in Hong Kong.

Headquarters
3Rd Floor, No. 11 Building, No. 109 Yard Tianjizhigu, Inghai 3Rd Street, Bda, Beijing
Beijing; Beijing; Postal Code: 101111

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Website: http://www.pintec.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2017
Key Executives
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President
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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Subsidiaries
Anquying (Tianjin) Technology Co., Ltd.
Anquyun (Tianjin) Information Technology Co., Ltd.
Anxunying (Tianjin) Commercial Factoring Co., Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-29.3%
Total operating revenue
-29.3%
Operating profit (EBIT)
-8.87%
EBITDA
65.77%
Net Profit (Loss) for the Period
58.66%
Total assets
-78.6%
Total equity
-53.71%
Operating Profit Margin (ROS)
-60.31%
Net Profit Margin
109.46%
Return on Equity (ROE)
-58.14%
Quick Ratio
-0.52%
Cash Ratio
-0.39%

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