Founder Securities Co (SHSE:601901) Credit Losses Provision : ¥0 Mil (As of Mar. 2024)

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What is Founder Securities Co Credit Losses Provision?

Founder Securities Co's credit losses provision for the three months ended in Mar. 2024 was ¥0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0 Mil.

Founder Securities Co Credit Losses Provision Historical Data

The historical data trend for Founder Securities Co's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Founder Securities Co Credit Losses Provision Chart

Founder Securities Co Annual Data

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Credit Losses Provision

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Founder Securities Co Quarterly Data
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Founder Securities Co Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Founder Securities Co (SHSE:601901) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Founder Securities Co Ltd (SHSE:601901) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

2, Xiangjiang Middle Road, 3701-3717, Building 4, 5, Huayuanhua Center, No. 36, Section 2, Tianxin District, Hunan, Changsha, CHN, 410002

Website

http://www.foundersc.com

Founder Securities Co Ltd is a comprehensive securities company with a full broker license. Its business includes brokerage, investment banking, consulting, QFII business, securities underwriting and sponsorship and fund and asset management.

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