Financial PerformanceNet receivables held for investment decreased to $2.77bn from $3.26bn on a $200mn decline in receivables with an interest rate between 5.0% and 6.5%.
Liquidity ConcernsCash collections still reveal a gap compared to the portfolio yields and cost of debt, something investors are looking at closely.
Operational RisksRisks include yield compression in new asset purchases, increase in interest rates, demand slowdown due to policy change, and new project construction delays.