Ding Sheng Xin Financial was incorporated in Guizhou Province ( China ) in 2005 ...
... they operate as a loan guarantee company , which seems to be a fairly crowded field in the PRC , with some SOE's dominating ... Within their province DXF is equal number 1 largest loan guarantee firm .. .. the loans are mostly on property developments ...
... their NPAT grew from $A 5.8 million in FY 2012 , to $A 11.8 m. in FY 2014 ...
Currently the company has $A 158 m. in assets , just $A 25 m. in debts , a shareholders' equity of $A 134 million ...
Funds raised from floating on the ASX are predominately being used in PRC to open more branch offices , and a smaller % for marketing .
Definitely read the prospectus with eyes wide open before investing in this stock .
