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Lionbridge Green

Sector: Electric Vehicles (EVs) • Location: China

Source: International Finance Corporation (IFC)

Project
Completed

 Established in 2012, Lionbridge is led by a group of leasing experts with extensive industry experience and provides financial leasing and extended operational services to micro/small-enterprises and individuals primarily in the sector of commercial vehicle leasing. By the end of September 2018, the outstanding leasing receivables of Lionbridge reached RMB 12.72 billion (US$1.9 billion equivalent

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Project Information

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The project “Lionbridge Green” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in China. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

 Established in 2012, Lionbridge is led by a group of leasing experts with extensive industry experience and provides financial leasing and extended operational services to micro/small-enterprises and individuals primarily in the sector of commercial vehicle leasing. By the end of September 2018, the outstanding leasing receivables of Lionbridge reached RMB 12.72 billion (US$1.9 billion equivalent) which was primarily relating to truck leasing.    According to the management account of the financial statement as of end September 2018, the total asset of Lionbridge was RMB 16.9 billion, and the total equity was RMB 2.7 Billion.  For the 9 months ended 30 September 2018, the Company generated RMB 130 million net profit, translating to ROAA and ROAE of 1.07% and 7.90% respectively.   

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Source reliability

High

Data quality score

100%

Source

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URL

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