Tìm mã CK, công ty, tin tức


For the Three Months | YoY Change | For the Full |
YoY Change | |||
December 31, | December 31, | 2023 | 2024 | |||
Total Transaction Volume (RMB in billions)[1] | 52.4 | 56.9 | 8.6 % | 194.3 | 206.2 | 6.1 % |
Transaction Volume (China's Mainland)[2] | 50.1 | 54.0 | 7.8 % | 186.4 | 196.1 | 5.2 % |
Transaction Volume (International)[3] | 2.3 | 2.9 | 26.1 % | 7.9 | 10.1 | 27.8 % |
Total Outstanding Loan Balance (RMB in | 67.4 | 71.5 | 6.1 % | 67.4 | 71.5 | 6.1 % |
Outstanding Loan Balance (China's Mainland)[4] | 66.1 | 69.8 | 5.6 % | 66.1 | 69.8 | 5.6 % |
Outstanding Loan Balance (International)[5] | 1.3 | 1.7 | 30.8 % | 1.3 | 1.7 | 30.8 % |
[1] Represents the total transaction volume facilitated in China's Mainland and the international markets on the Company's platforms during the period presented. |
[2] Represents our transaction volume facilitated in China's Mainland during the period presented. During the fourth quarter, RMB19.9 billion were facilitated under the capital-light model, for which the Company does not bear principal risk. |
[3] Represents our transaction volume facilitated in markets outside China's Mainland during the period presented. |
[4] Outstanding loan balance (China's Mainland) as of any date refers to the balance of outstanding loans in China's Mainland market excluding loans delinquent for more than 180 days from such date. As of December 31, 2024, RMB26.6 billion were facilitated under the capital-light model, for which the Company does not bear principal risk. |
[5] Outstanding loan balance (international) as of any date refers to the balance of outstanding loans in the international markets excluding loans delinquent for more than 30 days from such date. |
[6] On a cumulative basis, the total number of users in China's Mainland market registered on the Company's platform as of December 31, 2024. |
[7] On a cumulative basis, the total number of borrowers in China's Mainland market registered on the Company's platform as of December 31, 2024. |
[8] Represents the total number of borrowers in China's Mainland who have successfully borrowed on the Company's platform during the period presented. |
[9] Represents the transaction volume facilitated for repeat borrowers in China's Mainland who successfully completed a transaction on the Company's platform during the period presented. |
[10] Represents the average loan size on the Company's platform in China's Mainland during the period presented. |
[11] Represents the average loan tenor on the Company's platform in China's Mainland during the period presented. |
[12] "90 day+ delinquency ratio" refers to the outstanding principal balance of loans, excluding loans facilitated under the capital-light model, that were 90 to 179 calendar days past due as a percentage of the total outstanding principal balance of loans, excluding loans facilitated under the capital-light model on the Company's platform as of a specific date. Loans that originated outside China's Mainland are not included in the calculation. |
[13] On a cumulative basis, the total number of users registered on the Company's platforms outside China's Mainland market, as of December 31, 2024. |
[14] On a cumulative basis, the total number of borrowers on the Company's platforms outside China's Mainland market, as of December 31, 2024. |
[15] Represents the total number of borrowers outside China's Mainland who have successfully borrowed on the Company platforms during the period presented. |
[16] Represents the total number of new borrowers outside China's Mainland whose transactions were facilitated on the Company's platforms during the period presented. |
[17] Please refer to "UNAUDITED Reconciliation of GAAP And Non-GAAP Results" for reconciliation between GAAP and Non-GAAP adjusted operating income. |
[18] Change in Presentation of Consolidated Statements of Cash Flows During the fourth quarter of 2024, the Company elected to change its presentation of the cash flows associated with funds held for customers from operating activities to present them as financing activities and funds paid on behalf of customers from operating activities to present them as investing activities within its Consolidated Statements of Cash Flows. Prior periods' balances have been adjusted to conform to the current period presentation. |
United States (toll free): | +1-888-346-8982 |
Canada (toll free): | +1-855-669-9657 |
International: | +1-412-902-4272 |
Hong Kong, China (toll free): | 800-905-945 |
Hong Kong, China: | +852-3018-4992 |
Mainland, China: | 400-120-1203 |
United States (toll free): | +1-877-344-7529 |
Canada (toll free): | +1-855-669-9658 |
International: | +1-412-317-0088 |
Replay Access Code: | 2187762 |
FinVolution Group | ||||
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS | ||||
(All amounts in thousands, except share data, or otherwise noted) | ||||
As of December 31, | As of December 31, | |||
2023 | 2024 | |||
RMB | RMB | USD | ||
Assets | ||||
Cash and cash equivalents | 4,969,319 | 4,672,772 | 640,167 | |
Restricted cash | 1,800,071 | 2,074,300 | 284,178 | |
Short-term investments | 2,960,821 | 2,832,382 | 388,035 | |
Investments | 1,135,133 | 1,173,003 | 160,701 | |
Quality assurance receivable, net of credit loss allowance for | 1,755,615 | 1,639,591 | 224,623 | |
Intangible assets | 98,692 | 137,298 | 18,810 | |
Property, equipment and software, net | 140,933 | 623,792 | 85,459 | |
Loans receivable, net of credit loss allowance for loans receivable | 1,127,388 | 4,157,621 | 569,592 | |
Accounts receivable and contract assets, net of credit loss | 2,208,538 | 2,405,880 | 329,604 | |
Deferred tax assets | 1,624,325 | 2,513,865 | 344,398 | |
Right of use assets | 38,110 | 36,826 | 5,045 | |
Prepaid expenses and other assets | 3,384,317 | 1,289,380 | 176,644 | |
Goodwill | 50,411 | 50,411 | 6,906 | |
Total assets | 21,293,673 | 23,607,121 | 3,234,162 | |
Liabilities and Shareholders' Equity | ||||
Deferred guarantee income | 1,882,036 | 1,515,950 | 207,684 | |
Liability from quality assurance commitment | 3,306,132 | 2,964,116 | 406,082 | |
Payroll and welfare payable | 261,528 | 290,389 | 39,783 | |
Taxes payable | 207,477 | 705,928 | 96,712 | |
Short-term borrowings | 5,756 | 5,594 | 766 | |
Funds payable to investors of consolidated trusts | 436,352 | 796,122 | 109,068 | |
Contract liability | 5,109 | 10,185 | 1,395 | |
Deferred tax liabilities | 340,608 | 491,213 | 67,296 | |
Accrued expenses and other liabilities | 941,899 | 1,245,184 | 170,590 | |
Leasing liabilities | 35,878 | 28,765 | 3,941 | |
Total liabilities | 7,422,775 | 8,053,446 | 1,103,317 | |
Commitments and contingencies | ||||
FinVolution Group Shareholders' equity | ||||
Ordinary shares | 103 | 103 | 14 | |
Additional paid-in capital | 5,748,734 | 5,815,437 | 796,712 | |
Treasury stock | (1,199,683) | (1,765,542) | (241,878) | |
Statutory reserves | 762,472 | 852,723 | 116,823 | |
Accumulated other comprehensive income | 80,006 | 92,626 | 12,689 | |
Retained Earnings | 8,357,153 | 10,208,717 | 1,398,588 | |
Total FinVolution Group shareholders' equity | 13,748,785 | 15,204,064 | 2,082,948 | |
Non-controlling interest | 122,113 | 349,611 | 47,897 | |
Total shareholders' equity | 13,870,898 | 15,553,675 | 2,130,845 | |
Total liabilities and shareholders' equity | 21,293,673 | 23,607,121 | 3,234,162 |
FinVolution Group | |||||||||
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE | |||||||||
(All amounts in thousands, except share data, or otherwise noted) | |||||||||
For the Three Months Ended December 31, | For the Year Ended December 31, | ||||||||
2023 | 2024 | 2023 | 2024 | ||||||
RMB | RMB | USD | RMB | RMB | USD | ||||
Operating revenue: | |||||||||
Loan facilitation service fees | 1,107,434 | 1,344,799 | 184,237 | 4,520,504 | 4,694,380 | 643,127 | |||
Post-facilitation service fees | 495,431 | 460,465 | 63,083 | 1,969,705 | 1,740,241 | 238,412 | |||
Guarantee income | 1,267,515 | 1,205,502 | 165,153 | 4,478,995 | 5,085,296 | 696,683 | |||
Net interest income | 227,426 | 217,927 | 29,856 | 1,049,379 | 853,779 | 116,967 | |||
Other Revenue | 125,791 | 227,999 | 31,236 | 528,862 | 692,128 | 94,821 | |||
Net revenue | 3,223,597 | 3,456,692 | 473,565 | 12,547,445 | 13,065,824 | 1,790,010 | |||
Operating expenses: | |||||||||
Origination, servicing expenses and other cost of | (563,142) | (663,982) | (90,965) | (2,111,515) | (2,381,839) | (326,311) | |||
Sales and marketing expenses | (491,381) | (531,530) | (72,819) | (1,887,442) | (2,014,254) | (275,952) | |||
Research and development expenses | (127,605) | (126,257) | (17,297) | (510,986) | (496,740) | (68,053) | |||
General and administrative expenses | (115,209) | (112,570) | (15,422) | (390,022) | (413,548) | (56,656) | |||
Provision for accounts receivable and contract assets | (36,413) | (95,132) | (13,033) | (253,948) | (317,049) | (43,436) | |||
Provision for loans receivable | (107,562) | (64,346) | (8,815) | (586,843) | (320,013) | (43,842) | |||
Credit losses for quality assurance commitment | (1,269,514) | (1,074,955) | (147,268) | (4,422,802) | (4,587,254) | (628,451) | |||
Total operating expenses | (2,710,826) | (2,668,772) | (365,619) | (10,163,558) | (10,530,697) | (1,442,701) | |||
Operating profit | 512,771 | 787,920 | 107,946 | 2,383,887 | 2,535,127 | 347,309 | |||
Other income, net | 67,633 | 25,945 | 3,554 | 394,698 | 310,123 | 42,487 | |||
Profit before income tax expense | 580,404 | 813,865 | 111,500 | 2,778,585 | 2,845,250 | 389,796 | |||
Income tax expenses | (51,572) | (133,110) | (18,236) | (395,100) | (457,405) | (62,664) | |||
Net profit | 528,832 | 680,755 | 93,264 | 2,383,485 | 2,387,845 | 327,132 | |||
Less: Net profit/(loss) attributable to non-controlling | 4,273 | 50 | 7 | 42,650 | 4,699 | 644 | |||
Net profit attributable to FinVolution Group | 524,559 | 680,705 | 93,257 | 2,340,835 | 2,383,146 | 326,488 | |||
Foreign currency translation adjustment, net of nil tax | 8,855 | 249,597 | 34,195 | 27,769 | 234,012 | 32,060 | |||
Total comprehensive income attributable to FinVolution Group | 533,414 | 930,302 | 127,452 | 2,368,604 | 2,617,158 | 358,548 | |||
Weighted average number of ordinary shares used in computing net income per share | |||||||||
Basic | 1,342,940,746 | 1,266,235,809 | 1,266,235,809 | 1,374,713,018 | 1,287,853,207 | 1,287,853,207 | |||
Diluted | 1,367,430,282 | 1,303,393,465 | 1,303,393,465 | 1,402,947,561 | 1,320,229,492 | 1,320,229,492 | |||
Net profit per share attributable to FinVolution Group's ordinary shareholders | |||||||||
Basic | 0.39 | 0.54 | 0.07 | 1.70 | 1.85 | 0.25 | |||
Diluted | 0.38 | 0.52 | 0.07 | 1.67 | 1.81 | 0.25 | |||
Net profit per ADS attributable to FinVolution Group's ordinary shareholders (one ADS equal five ordinary shares) | |||||||||
Basic | 1.95 | 2.69 | 0.37 | 8.51 | 9.25 | 1.27 | |||
Diluted | 1.92 | 2.61 | 0.36 | 8.34 | 9.03 | 1.24 |
FinVolution Group | |||||||||||
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS[18] | |||||||||||
(All amounts in thousands, except share data, or otherwise noted) | |||||||||||
Three Months Ended December 31, | Year Ended December 31, | ||||||||||
2023 | 2024 | 2023 | 2024 | ||||||||
RMB | RMB | USD | RMB | RMB | USD | ||||||
Net cash provided by operating | 45,284 | 299,509 | 41,033 | 1,360,872 | 2,893,160 | 396,361 | |||||
Net cash provided by/(used in) | (104,246) | (745,555) | (102,141) | 1,411,992 | (2,295,816) | (314,526) | |||||
Net cash provided by/(used in) | (1,030,417) | 255,302 | 34,976 | (2,505,002) | (622,715) | (85,312) | |||||
Effect of exchange rate changes on | (4,975) | 5,406 | 741 | 22,441 | 3,053 | 419 | |||||
Net increase/ (decrease) in cash, cash | (1,094,354) | (185,338) | (25,391) | 290,303 | (22,318) | (3,058) | |||||
Cash, cash equivalent and restricted | 7,863,744 | 6,932,410 | 949,736 | 6,479,087 | 6,769,390 | 927,403 | |||||
Cash, cash equivalent and restricted | 6,769,390 | 6,747,072 | 924,345 | 6,769,390 | 6,747,072 | 924,345 |
FinVolution Group | ||||||
UNAUDITED Reconciliation of GAAP and Non-GAAP Results | ||||||
(All amounts in thousands, except share data, or otherwise noted) | ||||||
For the Three Months Ended December 31, | For the Year Ended December 31, | |||||
2023 | 2024 | 2023 | 2024 | |||
RMB | RMB | USD | RMB | RMB | USD | |
Net Revenues | 3,223,597 | 3,456,692 | 473,565 | 12,547,445 | 13,065,824 | 1,790,010 |
Less: total operating expenses | (2,710,826) | (2,668,772) | (365,619) | (10,163,558) | (10,530,697) | (1,442,701) |
Operating Income | 512,771 | 787,920 | 107,946 | 2,383,887 | 2,535,127 | 347,309 |
Add: share-based compensation expenses | 34,215 | 34,064 | 4,667 | 116,407 | 144,052 | 19,735 |
Non-GAAP adjusted operating income | 546,986 | 821,984 | 112,613 | 2,500,294 | 2,679,179 | 367,044 |
Operating Margin | 15.9 % | 22.8 % | 22.8 % | 19.0 % | 19.4 % | 19.4 % |
Non-GAAP operating margin | 17.0 % | 23.8 % | 23.8 % | 19.9 % | 20.5 % | 20.5 % |
Non-GAAP adjusted operating income | 546,986 | 821,984 | 112,613 | 2,500,294 | 2,679,179 | 367,044 |
Add: other income, net | 67,633 | 25,945 | 3,554 | 394,698 | 310,123 | 42,487 |
Less: income tax expenses | (51,572) | (133,110) | (18,236) | (395,100) | (457,405) | (62,664) |
Non-GAAP net profit | 563,047 | 714,819 | 97,931 | 2,499,892 | 2,531,897 | 346,867 |
Less: Net profit/(loss) attributable to non- | 4,273 | 50 | 7 | 42,650 | 4,699 | 644 |
Non-GAAP net profit attributable to | 558,774 | 714,769 | 97,924 | 2,457,242 | 2,527,198 | 346,223 |
Weighted average number of ordinary | ||||||
Basic | 1,342,940,746 | 1,266,235,809 | 1,266,235,809 | 1,374,713,018 | 1,287,853,207 | 1,287,853,207 |
Diluted | 1,367,430,282 | 1,303,393,465 | 1,303,393,465 | 1,402,947,561 | 1,320,229,492 | 1,320,229,492 |
Non-GAAP net profit per share | ||||||
Basic | 0.42 | 0.56 | 0.08 | 1.79 | 1.96 | 0.27 |
Diluted | 0.41 | 0.55 | 0.08 | 1.75 | 1.91 | 0.26 |
Non-GAAP net profit per ADS attributable | ||||||
Basic | 2.08 | 2.82 | 0.39 | 8.94 | 9.81 | 1.34 |
Diluted | 2.04 | 2.74 | 0.38 | 8.76 | 9.57 | 1.31 |