---
title: "HFH: In the first three quarters of 2025, an asset impairment provision of 12.1655 million yuan was made"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262868542.md"
description: "HFH announced that in the first three quarters of 2025, it recognized a total credit impairment loss and asset impairment loss of 12.1655 million yuan. Among them, accounts receivable and notes receivable accounted for 5.9823 million yuan, other receivables accounted for 61.6424 million yuan, long-term receivables were reversed by 319.4092 million yuan, inventory accounted for 639.49 thousand yuan, and contract assets were reversed by 185.9 thousand yuan. This recognition will reduce the total profit of the consolidated financial statements of the company for the period from January to September 2025 by 12.1655 million yuan"
datetime: "2025-10-27T10:22:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262868542.md)
  - [en](https://longbridge.com/en/news/262868542.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262868542.md)
---

# HFH: In the first three quarters of 2025, an asset impairment provision of 12.1655 million yuan was made

HFH announced that it recognized a total of RMB 12.1655 million in credit impairment losses and asset impairment losses for the first three quarters of 2025. Among them, RMB 5.9823 million was recognized for accounts receivable and notes receivable, RMB 61,642.4 was recognized for other receivables, RMB 31,940.92 was reversed for long-term receivables, RMB 6.3949 million was recognized for inventory, and RMB 185,900 was reversed for contract assets. This recognition will reduce the total profit of the consolidated financial statements for the period from January to September 2025 by RMB 12.1655 million

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