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CNFinance Holdings Limited (CNF) 10-Year Financial Performance & Capital Metrics

CNF • • Banking & Credit
Financial ServicesMortgage FinanceSpecialty Mortgage & Alternative LendingHome Equity & Alternative Lenders
AboutCNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company also provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property. It operates a network of 63 branches and sub-branches, which included 14 branches and sub-branches in the Pearl River Delta region, 7 branches and sub-branches in the Yangtze River Delta region, and 42 branches and sub-branches in other areas in approximately 50 cities in China. CNFinance Holdings Limited was founded in 1999 and is headquartered in Guangzhou, the People's Republic of China.Show more
  • Net Interest Income $744M -27.9%
  • Total Revenue $1.6B -12.9%
  • Net Income $38M -77.0%
  • Return on Equity 0.94% -77.4%
  • Net Interest Margin 4.95% -21.4%
  • Efficiency Ratio 48.75% +13.4%
  • ROA 0.24% -77.4%
  • Equity / Assets 27% +10.2%
  • Book Value per Share 1183.27 +6.7%
  • Tangible BV/Share 1182.37 +6.7%
  • Debt/Equity 1.47 -34.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong NIM of 5.0%
  • ✓Efficient operations: 48.7% efficiency ratio
  • ✓Well capitalized: 27.0% equity/assets
  • ✓Share count reduced 5.1% through buybacks
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 2.9%
  • ✗Profits declining 41.1% over 5 years
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-12.4%
3Y5.25%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-41.14%
3Y-16.63%
TTM-142.3%

EPS CAGR

10Y-
5Y-40.21%
3Y-16.65%
TTM-506.67%

ROCE

10Y Avg3.31%
5Y Avg1.12%
3Y Avg1.17%
Latest0.56%

Peer Comparison

Home Equity & Alternative Lenders
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CNFCNFinance Holdings Limited30.66M4.470.41-12.9%2.36%-1.25%100%1.47

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+800.88M2B2.35B1.66B1.12B1.03B945.91M1.03B744.1M
NII Growth %-1.5%0.17%-0.29%-0.32%-0.08%-0.08%0.09%-0.28%
Net Interest Margin %---------
Interest Income1.24B3.41B4.29B2.97B1.85B1.81B1.73B1.75B1.54B
Interest Expense442.66M1.41B1.94B1.31B731.32M775.57M784.78M723.08M794.52M
Loan Loss Provision111.36M306.75M433.75M362.74M77.35M-303.87M217.55M118.65M-22.72M
Non-Interest Income+62.62M6.65M-10.45M131.51M-20.69M-432.88M113.61M82.72M61.52M
Non-Interest Income %---------
Total Revenue+1.31B3.42B4.28B3.1B1.83B1.37B1.84B1.84B1.6B
Revenue Growth %-1.62%0.25%-0.28%-0.41%-0.25%0.34%-0%-0.13%
Non-Interest Expense464.1M891.77M747.66M708.09M862.77M806.99M669.38M789.82M780.05M
Efficiency Ratio---------
Operating Income+288.05M808.67M1.16B721.01M162.7M93.77M172.58M205.63M48.29M
Operating Margin %---------
Operating Income Growth %-1.81%0.43%-0.38%-0.77%-0.42%0.84%0.19%-0.77%
Pretax Income+288.05M808.67M1.16B721.01M162.7M93.77M172.58M205.63M48.29M
Pretax Margin %---------
Income Tax+52.6M275.99M296.83M186.37M47.85M28.56M37.23M41.02M10.5M
Effective Tax Rate %---------
Net Income+235.44M532.67M860.91M534.64M114.85M65.21M135.35M164.62M37.78M
Net Margin %---------
Net Income Growth %-1.26%0.62%-0.38%-0.79%-0.43%1.08%0.22%-0.77%
Net Income (Continuing)235.44M532.67M860.91M534.64M114.85M65.21M135.35M164.62M37.78M
EPS (Diluted)+76.00160.00248.00144.0032.0019.00360.00440.0011.00
EPS Growth %-1.11%0.55%-0.42%-0.78%-0.41%17.95%0.22%-0.97%
EPS (Basic)76.60173.20275.20156.0032.0019.0039.40480.0011.00
Diluted Shares Outstanding3.08M3.33M3.47M3.67M3.81M3.81M3.82M3.61M3.43M

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks284.73M1.34B3.34B1.84B2.07B2.39B2.16B2.55B1.76B
Short Term Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Investments+7.4B16.66B15.72B10.95B9.48B10.64B11.1B11.96B318.8M
Investments Growth %-1.25%-0.06%-0.3%-0.13%0.12%0.04%0.08%-0.97%
Long-Term Investments7.33B16.3B15.04B10.29B9.06B9.56B10.86B11.81B280.11M
Accounts Receivables001000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+---------
Goodwill000000000
Intangible Assets3M3.34M4.18M3.74M3.23M4.01M3.49M3.01M3.08M
PP&E (Net)18.68M22.47M19.17M47.33M24.18M19.24M32.06M35.99M212.53M
Other Assets000100.3M533.68M1B726.41M875.03M12.61B
Total Current Assets396.51M1.78B4.08B2.57B2.53B3.78B2.78B3.55B1.79B
Total Non-Current Assets7.41B16.44B15.28B10.46B9.7B10.6B11.7B12.82B13.23B
Total Assets+7.81B18.22B19.35B13.03B12.23B14.39B14.48B16.36B15.03B
Asset Growth %-1.33%0.06%-0.33%-0.06%0.18%0.01%0.13%-0.08%
Return on Assets (ROA)0.03%0.04%0.05%0.03%0.01%0%0.01%0.01%0%
Accounts Payable000000000
Total Debt+6.31B15.71B15.32B7.56B6.18B8.1B7.87B8.96B5.95B
Net Debt6.02B14.37B11.98B5.72B4.1B5.71B5.71B6.41B4.2B
Long-Term Debt6.17B12.2B11.11B6.65B5.65B8.04B7.73B1.82B578.41M
Short-Term Debt141.68M3.51B4.21B870.78M508.58M45.25M112.64M7.11B5.35B
Other Liabilities294.08M562.92M847.34M1.28B1.74B2.21B2.51B3.24B3.19B
Total Current Liabilities219.49M3.62B4.31B976.17M564.57M91.39M168.42M7.16B7.08B
Total Non-Current Liabilities6.47B12.77B12B8.45B7.93B10.48B10.38B5.19B3.89B
Total Liabilities6.69B16.38B16.31B9.43B8.49B10.57B10.54B12.36B10.97B
Total Equity+1.12B1.83B3.05B3.6B3.74B3.82B3.94B4.01B4.06B
Equity Growth %-0.64%0.66%0.18%0.04%0.02%0.03%0.02%0.01%
Equity / Assets (Capital Ratio)---------
Return on Equity (ROE)0.21%0.36%0.35%0.16%0.03%0.02%0.03%0.04%0.01%
Book Value per Share363.67550.17876.84980.67981.161000.931031.421109.051183.27
Tangible BV per Share---------
Common Stock00916.74K916.74K916.74K916.74K916.74K916.74K916.74K
Additional Paid-in Capital386.44M569.13M921.7M937.59M999.66M1.02B1.02B1.03B1.05B
Retained Earnings733.92M1.27B2.13B2.66B2.76B2.82B2.96B3.1B3.14B
Accumulated OCI-1.67M-4.47M-4.57M-2.12M-18.46M-25.39M-10.21M-9.34M-8.82M
Treasury Stock000000-87.63M-118.32M-122.9M
Preferred Stock000000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+379.88M1.29B1.33B1.3B1.12B689.69M919.25M1.71B757.23M
Operating CF Growth %-2.39%0.04%-0.03%-0.14%-0.38%0.33%0.86%-0.56%
Net Income235.44M532.67M860.91M534.64M114.85M65.21M135.35M164.62M37.78M
Depreciation & Amortization6.6M10.8M13.3M10.92M6.05M3.82M2.24M1.75M11.54M
Deferred Taxes-33.47M-57.89M-105.09M3.91M-94.39M-190.01M-133.91M-16.49M-38.04M
Other Non-Cash Items37.96M315.35M449.56M-154.3M618.9M729.37M1.24B1.47B1.11B
Working Capital Changes4.42M303.02M74.26M888.06M412.09M62.54M-330.44M77.04M-382.31M
Cash from Investing+-4.7B-9.58B641.39M4.94B524.05M-2.35B-1.1B-2.48B-263.67M
Purchase of Investments-116.62M-360.05M-710M-2.63B-6.95B-9.5B-8.59B-2.87B-922.1M
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K
Net Investment Activity---------
Acquisitions-4.99B57.72M29.66M4.91B0050M00
Other Investing500K-9.28B946.5M6M291.25M-1.82B-1.47B-2.48B-439.53M
Cash from Financing+4.29B9.26B-2.55M-7.7B-1.37B1.93B-288.16M1.01B-1.33B
Dividends Paid000000000
Share Repurchases000000-87.63M-30.69M-4.58M
Stock Issued00313.78M000000
Net Stock Activity---------
Debt Issuance (Net)1000K1000K-1000K-1000K-1000K1000K-1000K1000K-1000K
Other Financing00000050.75M-71.1M0
Net Change in Cash+-26.94M957.22M1.97B-1.46B255.57M270.51M-459.25M229.42M-831.22M
Exchange Rate Effect1000K-1000K-200.91K1000K-1000K-1000K1000K1000K1000K
Cash at Beginning260.08M233.14M1.19B3.16B1.71B1.96B2.23B1.77B2B
Cash at End233.14M1.19B3.16B1.71B1.96B2.23B1.77B2B1.17B
Interest Paid416.08M1.3B2B1.41B728.85M832.74M792.79M726.29M776.33M
Income Taxes Paid25.67M45.6M95.84M179.19M46.38M153.49M139.21M63.46M27.7M
Free Cash Flow+364.66M1.27B1.32B1.29B1.12B685.89M829.36M1.59B749.28M
FCF Growth %-2.47%0.04%-0.02%-0.14%-0.39%0.21%0.92%-0.53%

Banking Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)21.05%36.11%35.31%16.09%3.13%1.73%3.49%4.14%0.94%
Return on Assets (ROA)3.02%4.09%4.58%3.3%0.91%0.49%0.94%1.07%0.24%
Net Interest Margin10.26%10.98%12.14%12.75%9.18%7.16%6.53%6.3%4.95%
Efficiency Ratio35.53%26.1%17.46%22.83%47.04%58.8%36.29%42.99%48.75%
Equity / Assets14.33%10.05%15.74%27.63%30.58%26.54%27.19%24.5%27%
Book Value / Share363.67550.17876.84980.67981.161K1.03K1.11K1.18K
NII Growth-149.79%17.45%-29.34%-32.33%-8.34%-8.14%9.04%-27.85%

Frequently Asked Questions

Valuation & Price

CNFinance Holdings Limited (CNF) has a price-to-earnings (P/E) ratio of 0.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

CNFinance Holdings Limited (CNF) saw revenue decline by 12.9% over the past year.

CNFinance Holdings Limited (CNF) reported a net loss of $50.5M for fiscal year 2024.

Dividend & Returns

CNFinance Holdings Limited (CNF) has a return on equity (ROE) of 0.9%. This is below average, suggesting room for improvement.

Industry Metrics

CNFinance Holdings Limited (CNF) has a net interest margin (NIM) of 5.0%. This indicates healthy earnings from lending activities.

CNFinance Holdings Limited (CNF) has an efficiency ratio of 48.7%. This is excellent, indicating strong cost control.

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