China Smartpay Group Holdings Ltd operates within the Short-term business credit sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Smartpay Group Holdings Ltd with three other
financial institutions in Asia:
Aeon Credit Service (Asia) Company Limited
sales of 1.24 billion Hong Kong Dollars [US$158.35 million]
of which 69%
was Credit Card),
UCS Co Ltd
(20.00 billion Japanese Yen [US$179.78 million]
of which 91%
was Business Card), and
Johan Holdings Berhad
based in Malaysia
(185.41 million Malaysian Ringgits [US$43.28 million]
During the year ended March of 2017, sales at
China Smartpay Group Holdings Ltd were HK$489.12 million (US$62.64 million).
decrease of 18.2%
versus 2016, when the company's sales were HK$598.30 million.
Contributing to the drop in overall sales was the 67.2% decline
in E-Commerce and Trade Financing Business, from HK$279.71 million to HK$91.83 million.
There were also decreases in sales in
Prepaid Card and Internet Payment Busine (down 14.7% to HK$119.59 million)
Card Acceptance Business (down 3.8% to HK$97.43 million)
However, these declines were partially offset by the increase in sales of
Prestige Benefits Business (up 133.5% to HK$180.27 million)