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FinVolution Group (FINV) 10-Year Financial Performance & Capital Metrics

FINV • • Banking & Credit
Financial ServicesCredit ServicesFintech Platforms & Digital LendingChinese Fintech Platforms
AboutFinVolution Group operates fintech platform that connects underserved individual borrowers with financial institutions in China. It operates in online consumer finance industry. The company's platform empowered by proprietary technologies, features automated loan transaction process, which enables a user experience. As of March 31, 2022, it had approximately 145.3 million cumulative registered users. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019. FinVolution Group was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.Show more
  • Net Interest Income $0
  • Total Revenue $13.07B +3.7%
  • Net Income $2.38B +1.8%
  • Return on Equity 16.2% -9.0%
  • Net Interest Margin 0%
  • Efficiency Ratio 59.92% -6.2%
  • ROA 10.62% -3.2%
  • Equity / Assets 65.89% +1.1%
  • Book Value per Share 58.91 +19.2%
  • Tangible BV/Share 58.19 +19.0%
  • Debt/Equity 0.00 -26.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Well capitalized: 65.9% equity/assets
  • ✓Good 3Y average ROE of 17.9%
  • ✓Share count reduced 5.9% through buybacks
  • ✓Diversified revenue: 100.0% from non-interest income
  • ✓Trading at only 0.1x book value

✗Weaknesses

  • ✗Weak momentum: RS Rating 10 (bottom 10%)
  • ✗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-
5Y16.99%
3Y11.04%
TTM-

Profit (Net Income) CAGR

10Y-
5Y0.09%
3Y-1.7%
TTM25.66%

EPS CAGR

10Y-
5Y3.42%
3Y2.31%
TTM27.88%

ROCE

10Y Avg-15.88%
5Y Avg17.76%
3Y Avg14.74%
Latest13.77%

Peer Comparison

Chinese Fintech Platforms
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
QDQudian Inc.304.91M3.006.1271.31%42.38%4.56%0.07
NISNNisun International Enterprise Development Group Co., Ltd5.73M1.205.20-12.17%0.27%8.76%0.04
LULufax Holding Ltd2.25B2.600.84-39.62%2.13%-3.92%100%0.48
FINVFinVolution Group736.79M5.260.583.69%18.24%16.74%100%0.00
LXLexinFintech Holdings Ltd.415.01M3.130.488.78%7.75%13.91%100%0.49
QFINQfin Holdings, Inc.2.2B16.890.205.38%36.49%28.34%100%0.07
YRDYiren Digital Ltd.343.9M3.980.1118.59%27.25%12.13%100%0.00
XYFX Financial136.82M6.000.0379.16%26.23%22.61%100%0.05

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+4.25M41.79M31.38M256.11M1.11B1.11B0000
NII Growth %-8.84%-0.25%7.16%3.32%0.01%-1%---
Net Interest Margin %----------
Interest Income4.41M59.98M46.98M316.19M1.34B1.34B0000
Interest Expense159K18.19M15.6M60.09M235.62M228.32M0000
Loan Loss Provision99.22M369.96M958.92M925.49M972.59M1.1B1.92B2.18B2.16B2.7B
Non-Interest Income+191.28M1.16B3.88B4.23B4.62B6.22B9.54B11.28B12.6B13.07B
Non-Interest Income %----------
Total Revenue+195.69M1.22B3.93B4.54B5.96B7.56B9.54B11.28B12.6B13.07B
Revenue Growth %-5.21%2.23%0.16%0.31%0.27%0.26%0.18%0.12%0.04%
Non-Interest Expense437.07M1.81B5.3B6.06B2.11B3.93B5.01B6.58B8.05B7.83B
Efficiency Ratio----------
Operating Income+-340.76M-978.91M-2.35B-2.5B2.65B2.31B2.61B2.52B2.38B2.54B
Operating Margin %----------
Operating Income Growth %--1.87%-1.4%-0.07%2.06%-0.13%0.13%-0.04%-0.05%0.06%
Pretax Income+-67.78M549.76M1.36B2.62B2.86B2.42B2.74B2.74B2.78B2.85B
Pretax Margin %----------
Income Tax+4.36M48.27M274.71M151.21M481.96M455.42M240.82M454.77M395.1M457.4M
Effective Tax Rate %----------
Net Income+-72.14M501.49M1.08B2.47B2.37B1.97B2.51B2.27B2.34B2.38B
Net Margin %----------
Net Income Growth %-7.95%1.16%1.28%-0.04%-0.17%0.27%-0.1%0.03%0.02%
Net Income (Continuing)-72.14M501.49M1.08B2.47B2.37B1.97B2.5B2.28B2.38B2.39B
EPS (Diluted)+-0.60-0.20-12.757.707.656.608.457.808.359.05
EPS Growth %-0.67%-62.75%1.6%-0.01%-0.14%0.28%-0.08%0.07%0.08%
EPS (Basic)-0.60-0.20-12.758.257.806.708.858.008.509.25
Diluted Shares Outstanding299.63M299.63M155.96M319.92M310.48M298.27M296.5M290.86M280.59M264.05M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks92.5M404.68M1.89B1.62B2.32B2.63B4.42B3.64B4.97B4.67B
Short Term Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Investments+146.53M468.95M1.97B1.86B1.07B2.92B2.18B4.51B4.1B4.01B
Investments Growth %-2.2%3.2%-0.06%-0.43%1.74%-0.26%1.07%-0.09%-0.02%
Long-Term Investments112.06M208.95M12.23M167.5M952.83M950.51M971.12M1.08B1.14B1.17B
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+----------
Goodwill0050.41M50.41M50.41M50.41M50.41M50.41M50.41M50.41M
Intangible Assets0063.76M68.88M64.28M98.95M98.95M98.69M98.69M137.3M
PP&E (Net)19.91M37.63M108.25M144M230.11M148.84M161.53M333.77M179.04M660.62M
Other Assets178.34M763.65M056.29M000000
Total Current Assets411.73M1.11B8.24B12.53B16.88B13.48B16.4B18.9B18.21B19.07B
Total Non-Current Assets325.19M1.04B363.01M609.84M1.43B1.4B1.74B2.49B3.09B4.54B
Total Assets+736.92M2.15B8.6B13.14B18.3B14.88B18.14B21.38B21.29B23.61B
Asset Growth %-1.91%3.01%0.53%0.39%-0.19%0.22%0.18%-0%0.11%
Return on Assets (ROA)-0.1%0.35%0.2%0.23%0.15%0.12%0.15%0.11%0.11%0.11%
Accounts Payable176.16M421.66M1.11B905.03M000000
Total Debt+20M0025M320.14M43.3M33.36M176.99M41.63M34.36M
Net Debt-72.5M-404.68M-1.89B-1.59B-2B-2.59B-4.38B-3.46B-4.93B-4.64B
Long-Term Debt0000000000
Short-Term Debt20M0025M235M0005.76M5.59M
Other Liabilities232.69M703.14M348.68M-137.69M-555K1.18B3.25B3.6B6.1B3.11B
Total Current Liabilities222.17M509.03M4.29B7.03B9.95B3.86B4B4.93B3.66B4.42B
Total Non-Current Liabilities246.37M866.04M629.71M127.84M339.24M2.59B3.42B4.01B6.48B3.63B
Total Liabilities468.54M1.38B4.92B7.16B10.29B6.45B7.43B8.94B7.42B8.05B
Total Equity+268.38M772.22M3.68B5.99B8.01B8.43B10.71B12.44B13.87B15.55B
Equity Growth %-1.88%3.77%0.63%0.34%0.05%0.27%0.16%0.11%0.12%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)-0.27%0.96%0.49%0.51%0.34%0.24%0.26%0.2%0.18%0.16%
Book Value per Share0.902.5823.6118.7125.8028.2636.1242.7949.4358.91
Tangible BV per Share----------
Common Stock00100K102K103K103K103K103K103K103K
Additional Paid-in Capital005.95B5.9B5.64B5.66B5.69B5.69B5.75B5.82B
Retained Earnings-292.87M-369.07M-2.4B45.67M1.97B2.65B4.69B6.5B9.12B11.06B
Accumulated OCI-24.52M-69.36M70.01M314.22M387.52M452.92M593.63M750.64M842.48M92.63M
Treasury Stock000-332.12M-47.17M-401.62M-324.17M-568.6M-1.2B-1.77B
Preferred Stock585.77M1.21B00000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-191.89M1.09B1.86B1.88B-215.52M2.21B630.23M268.83M1.41B2.89B
Operating CF Growth %-6.67%0.71%0.01%-1.11%11.24%-0.71%-0.57%4.26%1.05%
Net Income-72.14M501.49M1.08B2.47B2.37B1.97B2.5B2.28B2.38B2.38B
Depreciation & Amortization3.25M12.09M22.55M42.16M107.08M96.43M69.23M65.01M69.09M0
Deferred Taxes00-96.64M-27.7M-6.98M151.34M580.28M-463.62M00
Other Non-Cash Items-71.75M-27.7M458.96M54.62M-531.29M-630.39M-1.22B578.41M114.04M-383.81M
Working Capital Changes-51.25M602.35M290.61M-703.89M-2.2B578.78M-1.39B-2.28B-1.27B749.77M
Cash from Investing+-132.24M-684.11M-2.5B-1.45B-828.22M1.04B1.99B-1.55B1.41B-2.3B
Purchase of Investments-34.47M-295.19M-8.16B-12.95B-4.71B-8.04B-12.71B-17.25B-12B0
Sale/Maturity of Investments01000K1000K1000K1000K1000K1000K1000K1000K0
Net Investment Activity----------
Acquisitions014M-34.08M5.12M0-21M004M0
Other Investing-80.23M-441.61M-698.76M-1.53B-1.63B2.95B1.22B15.75B1.51B-2.3B
Cash from Financing+338.05M438.7M2.13B530.1M1.75B-3.09B-239.8M-795.86M-2.56B-622.72M
Dividends Paid0000-390.71M-263.57M-317.57M-372.48M-430.35M-441.33M
Share Repurchases000-452.26M-42.28M-379.98M-25.99M-340.78M-694.52M-643.21M
Stock Issued001.68B0000000
Net Stock Activity----------
Debt Issuance (Net)1000K-1000K01000K1000K-1000K001000K-168K
Other Financing31.93M458.7M455.71M959.03M1.97B-2.21B103.76M-82.59M-1.44B461.99M
Net Change in Cash+15.21M845.31M1.49B1.01B717.02M105.66M2.38B-2.01B290.3M-22.32M
Exchange Rate Effect1000K1000K-1000K1000K1000K-1000K-1000K1000K1000K1000K
Cash at Beginning77.29M362.26M404.68M4.28B5.29B6.01B6.12B8.49B6.48B6.77B
Cash at End92.5M1.21B1.89B5.29B6.01B6.12B8.49B6.48B6.77B6.75B
Interest Paid0554K5.38M58.31M94.96M268.18M161.43M83.41M87.1M38.31M
Income Taxes Paid00216.06M180.23M145.82M367M574.94M963.25M960.48M673.74M
Free Cash Flow+-209.44M1.06B1.77B1.8B-264.18M2.17B574.96M216.06M875.33M2.87B
FCF Growth %-6.05%0.68%0.01%-1.15%9.23%-0.74%-0.62%3.05%2.27%

Banking Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-26.88%96.38%48.63%51.08%33.9%24%26.22%19.58%17.79%16.2%
Return on Assets (ROA)-9.79%34.77%20.15%22.71%15.09%11.89%15.2%11.47%10.97%10.62%
Net Interest Margin0.58%1.95%0.36%1.95%6.05%7.48%0%0%0%0%
Efficiency Ratio223.35%148.59%135.06%133.43%35.35%51.96%52.54%58.33%63.9%59.92%
Equity / Assets36.42%35.96%42.8%45.55%43.77%56.65%59.04%58.2%65.14%65.89%
Book Value / Share0.92.5823.6118.7125.828.2636.1242.7949.4358.91
NII Growth-883.5%-24.92%716.23%332.11%0.6%-100%---
Dividend Payout----16.47%13.36%12.66%16.44%18.38%18.52%

Revenue by Segment

2018201920202021202220232024
Guarantee Income----3.06B4.48B5.09B
Guarantee Income Growth-----46.16%13.54%
Loan Facilitation Service Fees------4.69B
Loan Facilitation Service Fees Growth-------
Financial Service, Other376.92M344.84M481.89M556.7M534.87M528.86M692.13M
Financial Service, Other Growth--8.51%39.74%15.53%-3.92%-1.12%30.87%
Loan facilitation service fees2.92B---4.43B4.52B-
Loan facilitation service fees Growth-----2.03%-
Post-facilitation service fees922.8M-672.98M-1.93B1.97B-
Post-facilitation service fees Growth-----2.06%-
Change in expected discretionary payment to investor reserve fund investors68.62M------
Change in expected discretionary payment to investor reserve fund investors Growth-------

Revenue by Geography

2018201920202021202220232024
The PRC------10.53B
The PRC Growth-------
Indonesia------1.89B
Indonesia Growth-------
Others-----251.28M644.73M
Others Growth------156.57%
CHINA-----10.41B-
CHINA Growth-------
INDONESIA-----1.89B-
INDONESIA Growth-------

Frequently Asked Questions

Valuation & Price

FinVolution Group (FINV) has a price-to-earnings (P/E) ratio of 0.6x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

FinVolution Group (FINV) grew revenue by 3.7% over the past year. Growth has been modest.

Yes, FinVolution Group (FINV) is profitable, generating $2.80B in net income for fiscal year 2024 (18.2% net margin).

Dividend & Returns

Yes, FinVolution Group (FINV) pays a dividend with a yield of 31.78%. This makes it attractive for income-focused investors.

FinVolution Group (FINV) has a return on equity (ROE) of 16.2%. This is reasonable for most industries.

Industry Metrics

FinVolution Group (FINV) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

FinVolution Group (FINV) has an efficiency ratio of 59.9%. This is reasonable for a bank.

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