|China Assurance Finance Group Limited -- Hong Kong Stock|| |
HKD 0.95 0.01 1.04%
Chief Risk Control Officer
Mr. Li Bai Xiang is a Chief Risk Control Officer of China Assurance Finance Group Ltd. He joined the Group in November 2009 and is currently the chief risk control officer of the Group, responsible for new guarantee product development and business expansion strategy formulation
86 31 3590 0111 http://www.cafgroup.hk
Li graduated from the radio and automatic control system faculty of Huanan Polytechnic majoring in water acoustics engineering in July 1969. He was a lecturer for electronic technologies and general manager of China Shipping Services Corporationrationrationration. From 1990 to 2005, Mr. Li was the general manager of China National Materials Storage and Transportation Guangzhou Corporationrationration a subsidiary of a stateowned enterprise which is engaged in securitisation management of pledged assets for various financial institutions in the PRC since 1999. Furthermore, Mr. Li was conducting researches on mixed application of ?supply chain? and ?capital chain application?. During the period, he also published various academic articles relating to ?logistics bank and risk management?. In 2007, Mr
The company has return on total asset (ROA)
of (4.5) %
which means that it has lost $4.5 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE)
of (12.34) %
meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 38.5 M in total debt with debt to equity ratio (D/E) of 28.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. China Assurance Finance Group Limited has Current Ratio of 0.99 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
China Assurance Finance Group Limited, an investment holding company, offer corporate credit guarantee, performance guarantee, and related consultancy services to small and mediumsized enterprises in Hebei province and Xiamen city of the People?s Republic of China. China Assurance Finance Group Limited (8090) is traded on Hong Kong Stock Exchange in Hong Kong. It is located in Zhangjiakou, and employs 97 people.