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:
Johan Holdings Berhad
sales of 107.22 million Malaysian Ringgits [US$26.05 million]
Ta Ching Securities Co., Ltd
(751.69 million Taiwanese Dollars [US$27.14 million]
of which 89%
was Brokerage), and
Lerado Financial Group Co Ltd
(208.88 million Hong Kong Dollars [US$26.91 million]
Sales levels dropped significantly in the third
quarter of 2021 versus the previous year's third quarter.
During the third
quarter of 2021, sales at China Smartpay Group Holdings Ltd totalled
This is a drop of 64.6%
from the HK$83.80 million in sales at the company during the third quarter in 2020.
During the first three quarters of 2021, sales totalled HK$58.97 million, which is
than through the first three
quarters of 2020.
During the previous 6 quarters, sales at China Smartpay Group Holdings Ltd have fallen vis-à-vis the same quarter in the previous year.
Sales fell dramatically in 2020:
During the year ended March of 2020, sales at
China Smartpay Group Holdings Ltd were HK$204.67 million (US$26.37 million).
decrease of 67.5%
versus 2019, when the company's sales were HK$630.52 million.
Contributing to the drop in overall sales was the 79.9% decline
in Prepaid Card and Internet Payment Busine, from HK$297.91 million to HK$59.98 million.
There were also decreases in sales in
Card Acceptance Business (down 28.0% to HK$80.49 million)
Prestige Benefits Business (down 66.8% to HK$63.40 million)