中国最大消费金融公司，蚂蚁消费金融发债20亿！不良贷款率曝光！

Core Viewpoint - Ant Group's consumer finance subsidiary, Chongqing Ant Consumer Finance Co., Ltd., has issued its first financial bond since its establishment in 2021, with a scale of 2 billion yuan and a fixed interest rate of 1.7%-2.4% for a three-year term [2][7]. Group 1: Bond Issuance Details - The bond issuance was recorded on August 4, 2023, with a total scale of 2 billion yuan and a maturity of three years [2]. - Huatai Securities acted as the book manager for this bond issuance [5]. - The bond and issuer received a AAA credit rating from United Ratings [6]. Group 2: Financial Performance - In 2024, Ant Consumer Finance reported an operating income of 15.213 billion yuan, a year-on-year increase of 76.3%, and a net profit of 3.051 billion yuan, up 1907.24% [9]. - Total assets reached 313.751 billion yuan, reflecting a year-on-year growth of 30.91% [9]. Group 3: Loan Quality and Risk - Ant Consumer Finance's non-performing loan (NPL) ratios for 2022-2024 were 1.69%, 1.74%, and 1.78%, respectively, indicating a continuous increase over the years [16]. - As of the end of 2024, the credit scale was 301.467 billion yuan, with a non-performing loan balance of 5.52 billion yuan [17]. - The company maintains a loan structure characterized by small and dispersed loans, with over 97% of loans having a term of 12 months or less [19].