Company Information

  

Address: WORLD FINANCIAL CENTER,NO.1 E. 3RD ROAD
EAST BUILDING, UNIT 1314,15TH FLOOR 
City: CHAOYANG, BEIJING 
State:  
Zip Code: 100020 
Telephone: 861059817999-8024 

Description of Business

Primary SIC Code: 8742
(As filed with the SEC)  

China Internet Nationwide Financial Services Inc. ("we" or "CIFS") is a holding company incorporated under the laws of British Virgin Islands on September 28, 2015. On October 7, 2015, we incorporated Hongkong Internet Financial Services Limited ("HKIFS) in Hong Kong SAR. HKIFS, in turn, incorporated Beijing Yingxin Yijia Network Technology Co., Ltd ("WFOE") in the People's Republic of China with a registered capital of RMB1,000,000 (approximately $150,375.94) on December 31, 2015. WFOE has entered into a series of contractual agreements with Sheng Ying Xin (Beijing) Management Consulting Co., Ltd ("Sheng Ying Xin" or "SYX"), a company incorporated in the People's Republic of China on September 16, 2014. Sheng Ying Xin was originally incorporated as Ding Zhi Tai Da Investment Management (Beijing) Co. Ltd and later changed its name to Sheng Ying Xin (Beijing) Management Consulting Co., Ltd on February 17, 2016. Ding Zhi Tai Da Investment Management (Beijing) Co.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20171.15NA36.48

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.84Total Liab/Total Assets0.10
Net Inc/Total Assets0.30Total Liab/Inv Cap0.11
Net Inc/Inv Cap0.34Total Liab/Comm Equity0.28
Pretax Inc/Net Sales0.98Interest Coverage RatioNA
Net Inc/Net Sales0.96Curr Debt/Equity0.01
Cash Flow/Net Sales1.10LTD/EquityNA
SG&A/NetSales0.15Total Debt/Equity0.01
Asset Utilization   Liquidity  
Net Receivables Turnover0.66Quick Ratio9.65
Inventory TurnoverNACurrent Ratio9.65
Inventory Day SalesNANet Rec/Curr Assets0.64
Net Sales/Work Cap0.37Inv/Curr AssetsNA
Net Sales/PP&E113.06  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015
Total Revenues(Net Sales) 25.12 15.82 7.78
Cost of Goods Sold 0.73 0.38 0.24
Selling & Admin Exps 3.69 1.90 1.72
Operating Income 20.60 13.55 5.82
Interest Exp NA NA NA
Pretax Income 24.68 16.34 7.48
Other Income 4.08 2.79 1.66
Net Income Bef Extraordinary ... NA NA NA
Net Income 24.05 13.89 5.61

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015
Cash & Short Term Investments 27.17 1.88 0.46
Receivables - Total 48.51 27.42 29.92
Inventories - Total NA NA NA
Total Current Assets 75.98 29.61 30.38
Net Property, Plant & Equipment 0.22 0.03 0.04
Total Assets 79.20 29.85 30.64
Liabilities      
Accounts Payable 7.20 4.41 2.24
Debt in Current Liabilities 0.67 0.05 0.08
Total Current Liabilities 7.87 4.46 2.32
Long-Term Debt NA NA NA
Total Liabilities 8.09 4.46 2.32
Stockholder's Equity      
Minority Interest NA NA NA
Preferred Stock NA NA NA
Common Stock 0.02 0.02 0.02
Retained Earnings 41.56 17.68 4.90
Treasury Stock NA NA NA
Total Stockholders' Equity 71.12 25.39 28.33
Total Liabilities and Stockholders' Equity 79.20 29.85 30.64

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015
Net Cash Provided by Operating Activities 27.60 14.47 0.60
Net Cash Provided by Investing Activities -22.31 2.49 -24.14
Net Cash Provided by Financing Activities 19.64 -15.75 24.44

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20157.785.61--
12/201615.8213.89--
12/201725.1224.051.15
Growth Rates79.66107.01--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18192100.95




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.