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X Financial (XYF) 10-Year Financial Performance & Capital Metrics

XYF • • Banking & Credit
Financial ServicesCredit ServicesFintech Platforms & Digital LendingChinese Fintech Platforms
AboutX Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan. The company also offers Xiaoying housing loan, a home equity loan product for property owners; investment products through Xiaoying wealth management platform, such as loans, money market, and insurance products; and loan facilitation services to other platforms. X Financial was founded in 2014 and is headquartered in Shenzhen, the People's Republic of China.Show more
  • Net Interest Income -$211M +16.9%
  • Total Revenue $5.87B +79.2%
  • Net Income $1.54B +29.8%
  • Return on Equity 24.06% +7.5%
  • Net Interest Margin -1.79% +18.1%
  • Efficiency Ratio 34.71% +777.9%
  • ROA 13.12% +13.3%
  • Equity / Assets 58.83% +17.2%
  • Book Value per Share 142.21 +17.9%
  • Tangible BV/Share 141.47 +18.0%
  • Debt/Equity 0.05 -50.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Excellent 3Y average ROE of 21.7%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 34.7% efficiency ratio
  • ✓Well capitalized: 58.8% equity/assets
  • ✓Diversified revenue: 76.6% from non-interest income

✗Weaknesses

  • ✗Weak NIM of -1.8%
  • ✗Weak momentum: RS Rating 4 (bottom 4%)
  • ✗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-
5Y35.65%
3Y57.19%
TTM-

Profit (Net Income) CAGR

10Y-
5Y14.74%
3Y23.1%
TTM33.48%

EPS CAGR

10Y-
5Y67.07%
3Y28.92%
TTM69.64%

ROCE

10Y Avg10.18%
5Y Avg8.75%
3Y Avg16.07%
Latest17.17%

Peer Comparison

Chinese Fintech Platforms
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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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 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+30.76M134.37M80.33M427.79M634.59M691.61M136.92M-253.97M-211.03M
NII Growth %-3.37%-0.4%4.33%0.48%0.09%-0.8%-2.85%0.17%
Net Interest Margin %---------
Interest Income30.76M134.37M80.33M427.79M634.59M691.61M970.03M1.12B1.37B
Interest Expense000000833.11M1.37B1.58B
Loan Loss Provision8.1M350.28M653.71M310.01M1.34B144.95M167.71M308.22M377.33M
Non-Interest Income+-69.93M869.21M2.09B850.7M-696.09M820.32M1.35B2.16B4.5B
Non-Interest Income %---------
Total Revenue+-39.17M1B2.17B1.28B-61.5M1.51B2.32B3.28B5.87B
Revenue Growth %-26.62%1.16%-0.41%-1.05%25.58%0.54%0.41%0.79%
Non-Interest Expense99.93M174.73M431.65M304.56M202.15M176.18M102.51M129.59M2.04B
Efficiency Ratio---------
Operating Income+-147.2M478.58M1.08B663.92M-1.6B1.19B1.22B1.47B1.87B
Operating Margin %---------
Operating Income Growth %-4.25%1.27%-0.39%-3.41%1.74%0.02%0.2%0.28%
Pretax Income+-147.2M478.58M1.08B663.92M-1.61B1.19B1.21B1.45B1.95B
Pretax Margin %---------
Income Tax+-27.02M138.25M209.92M-93.1M-299.88M368.74M396.07M261.13M405.7M
Effective Tax Rate %---------
Net Income+-119.57M340.28M883.11M774.28M-1.31B825.41M812M1.19B1.54B
Net Margin %---------
Net Income Growth %-3.85%1.6%-0.12%-2.69%1.63%-0.02%0.46%0.3%
Net Income (Continuing)-120.18M339.49M883.06M774.48M-1.31B825.41M812M1.19B1.54B
EPS (Diluted)+-2.376.7617.4314.52-24.3088.2090.72146.88189.00
EPS Growth %-3.85%1.58%-0.17%-2.67%4.63%0.03%0.62%0.29%
EPS (Basic)-2.376.7617.4614.82-24.3090.3692.52148.32191.88
Diluted Shares Outstanding39.68M46.62M50.66M53.29M53.54M56.15M53.73M48.47M48.89M

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks504.21M671.36M1.11B1.52B1.65B2.09B2.37B2.9B2.94B
Short Term Investments00001000K1000K000
Total Investments+896.3M1.69B1.44B4.17B3.47B3.54B4.63B6.06B5.84B
Investments Growth %-0.88%-0.15%1.9%-0.17%0.02%0.31%0.31%-0.04%
Long-Term Investments896.3M1.69B1.44B4.17B3.46B3.46B4.63B6.06B5.84B
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+---------
Goodwill000000000
Intangible Assets916.79K1.62M28.4M415.13M295.45M136.05M36.55M36.81M36.59M
PP&E (Net)6.49M21M23.21M20.14M11.14M6.19M5.86M8.64M15.83M
Other Assets23.93M16.37M240.16M627.71M915.04M445.16M482.95M820.13M727.23M
Total Current Assets714.04M1.86B2.56B2.58B2.21B3.02B3.59B4.59B5B
Total Non-Current Assets966.57M2.02B2.08B5.7B5.29B4.32B5.24B7.06B6.82B
Total Assets+1.68B3.89B4.64B8.28B7.5B7.34B8.84B11.65B11.82B
Asset Growth %-1.31%0.19%0.79%-0.09%-0.02%0.2%0.32%0.01%
Return on Assets (ROA)-0.07%0.12%0.21%0.12%-0.17%0.11%0.1%0.12%0.13%
Accounts Payable16.16M54.8M75.28M103.38M126.61M83.08M195.09M179.83M258.01M
Total Debt+00198M20.21M367.42M178.83M81.51M577.85M341.23M
Net Debt-504.21M-671.36M-911.36M-1.5B-1.29B-1.91B-2.29B-2.32B-2.6B
Long-Term Debt000000000
Short-Term Debt00198M0350.55M166.5M70.21M565M328.5M
Other Liabilities1.04B1.85B521.34M3.54B3.8B3.01B3.68B4.74B3.86B
Total Current Liabilities259.88M276.68M550.13M349.81M603.63M343.91M367.64M899.22M742.6M
Total Non-Current Liabilities1.04B1.85B568.77M3.56B3.82B3.02B3.72B4.9B4.12B
Total Liabilities1.3B2.12B1.12B3.91B4.42B3.37B4.08B5.8B4.87B
Total Equity+376.5M1.77B3.52B4.37B3.08B3.98B4.75B5.85B6.95B
Equity Growth %-3.69%0.99%0.24%-0.3%0.29%0.2%0.23%0.19%
Equity / Assets (Capital Ratio)---------
Return on Equity (ROE)-0.32%0.32%0.33%0.2%-0.35%0.23%0.19%0.22%0.24%
Book Value per Share9.4937.8769.4481.9557.4570.8388.46120.63142.21
Tangible BV per Share---------
Common Stock145.62K173.44K189.59K201.24K202.87K206.79K206.79K206.79K206.79K
Additional Paid-in Capital897.72M1.97B2.82B2.99B3.07B3.16B3.19B3.2B3.21B
Retained Earnings-583.27M-243M640.11M1.31B-14.55M810.86M1.62B2.69B4.17B
Accumulated OCI57.91M33.45M52.49M67.1M21.06M6.31M63.6M69.48M81.05M
Treasury Stock000000-124.6M-111.52M-509.64M
Preferred Stock000000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+82.57M-615.33M5.35M600.57M-679.23M449.17M322.7M814.14M1.52B
Operating CF Growth %--8.45%1.01%111.17%-2.13%1.66%-0.28%1.52%0.87%
Net Income-119.57M340.28M883.11M774.48M-1.31B825.41M812M1.19B1.54B
Depreciation & Amortization3.06M5.37M9.64M11.38M11.92M8.14M6.65M5.26M7.2M
Deferred Taxes0185.14M-3.16M-164.91M-142.55M333.42M195.59M-17.57M-27.25M
Other Non-Cash Items-66.03M-602.12M528.75M785.32M1.56B358.95M240M230.77M391.79M
Working Capital Changes227.21M-618M-1.58B-962.81M-883.25M-1.17B-985.06M-633.72M-428.44M
Cash from Investing+-734.72M-10.81M412.87M-3.08B-3.7B-2.35B-913.39M-1.11B122.03M
Purchase of Investments-21.3M-55M-225M0-9.5M-427.84M-90.54M-424.15M-148.63M
Sale/Maturity of Investments01000K0001000K1000K01000K
Net Investment Activity---------
Acquisitions000000000
Other Investing-709.99M48.34M676.5M-3.06B-3.69B-1.99B-823.65M-673.72M-106.19M
Cash from Financing+775.16M830.15M181.79M2.71B4.49B1.3B576.35M1.23B-1.94B
Dividends Paid000-103.2M000-58.4M-116.64M
Share Repurchases0000-68.94K0-146.74M-24.87M-182.2M
Stock Issued01B713.09M000000
Net Stock Activity---------
Debt Issuance (Net)1000K-1000K1000K1000K1000K1000K-1000K1000K-1000K
Other Financing15.16M-106.65M-698.2M-191.96M4.14B1.28B819.38M815.94M-1.4B
Net Change in Cash+141.25M179.28M593.73M242.6M78.22M-606.48M14.92M937.55M-282.86M
Exchange Rate Effect1000K-1000K-1000K1000K-1000K-1000K1000K1000K1000K
Cash at Beginning363.45M504.7M683.98M1.28B1.52B1.6B992.04M1.01B1.94B
Cash at End504.7M683.98M1.28B1.52B1.6B992.04M1.01B1.94B1.66B
Interest Paid0003.47M11.41M6.72M1.99M23.25M24.16M
Income Taxes Paid17.92K147.85K302.18M43.05M107.75M30.96M37.37M102.28M289.08M
Free Cash Flow+79.14M-635.97M-33.28M205.42M-684.6M446.55M316.65M805.67M1.51B
FCF Growth %--9.04%0.95%7.17%-4.33%1.65%-0.29%1.54%0.87%

Banking Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)-31.76%31.77%33.43%19.64%-35.16%23.41%18.6%22.39%24.06%
Return on Assets (ROA)-7.11%12.22%20.72%11.99%-16.59%11.12%10.04%11.59%13.12%
Net Interest Margin1.83%3.46%1.73%5.17%8.46%9.42%1.55%-2.18%-1.79%
Efficiency Ratio-255.13%17.41%19.89%23.82%-328.69%11.65%4.41%3.95%34.71%
Equity / Assets22.4%45.41%75.87%52.74%41.02%54.16%53.78%50.19%58.83%
Book Value / Share9.4937.8769.4481.9557.4570.8388.46120.63142.21
NII Growth-336.89%-40.22%432.54%48.34%8.99%-80.2%-285.48%16.91%
Dividend Payout---13.33%---4.92%7.57%

Revenue by Segment

2018201920202021202220232024
Xiaoying Credit Loan109.14M71.02M39.54M--4.53B5.47B
Xiaoying Credit Loan Growth--34.92%-44.33%---20.94%
Loan Facilitation Service-----2.74B3.1B
Loan Facilitation Service Growth------13.18%
Financial Service----966.28M1.14B1.37B
Financial Service Growth-----17.70%20.63%
Service, Other------436.18M
Service, Other Growth-------
Other service---60.83M158.85M283.03M397.95M
Other service Growth----161.12%78.17%40.60%
Guarantees-----24.5M201.72M
Guarantees Growth------723.44%
Service Other----179.88M315.49M-
Service Other Growth-----75.39%-
Xiaoying Revolving Loan-9.07M597.91K--1.6M-
Xiaoying Revolving Loan Growth---93.41%----
Xiaoying Credit Loans---312.37M3.4B--
Xiaoying Credit Loans Growth----987.36%--
Other loan products---130.77K7.04M--
Other loan products Growth----5280.85%--
Xiaoying Revolving Loans---3.22M438K--
Xiaoying Revolving Loans Growth-----86.38%--
Other Services18.68M41.82M27.81M----
Other Services Growth-123.85%-33.51%----
Other Loan Products1.08M10.4K226.72K----
Other Loan Products Growth--99.04%2079.37%----
Xiaoying Housing Loan9.19M264.64K172.96K----
Xiaoying Housing Loan Growth--97.12%-34.64%----
Internet Channel9.31M1.89M11----
Internet Channel Growth--79.70%-100.00%----
Xiaoying Card Loan89.71M------
Xiaoying Card Loan Growth-------
Xiaoying Preferred Loan19.43M------
Xiaoying Preferred Loan Growth-------

Frequently Asked Questions

Valuation & Price

X Financial (XYF) has a price-to-earnings (P/E) ratio of 0.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

X Financial (XYF) grew revenue by 79.2% over the past year. This is strong growth.

Yes, X Financial (XYF) is profitable, generating $1.79B in net income for fiscal year 2024 (26.2% net margin).

Dividend & Returns

Yes, X Financial (XYF) pays a dividend with a yield of 39.76%. This makes it attractive for income-focused investors.

X Financial (XYF) has a return on equity (ROE) of 24.1%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

X Financial (XYF) has a net interest margin (NIM) of -1.8%. NIM has been under pressure due to interest rate environment.

X Financial (XYF) has an efficiency ratio of 34.7%. This is excellent, indicating strong cost control.

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