Fin Volution Group - Understand $finv stock

$FINV Market Cap: $1.788 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$12.83B

TTM

Gross Margin

82.23%

TTM

Net Earnings

$2.227B

TTM

Current Assets

$10.45B

Q3 2024

Current Liabilities

$2.185B

Q3 2024

Current Ratio

478.04%

Q3 2024

Total Assets

$22.78B

Q3 2024

Total Liabilities

$8.253B

Q3 2024

Book Value

$14.53B

Q3 2024

Cash

$5.104B

Q3 2024

P/E

0.8028

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$12.55B	$11.13B	$9.470B	$7.563B	$5.963B	$4.351B	$3.881B	$1.216B	$195.7M
YoY Change	12.69%	17.57%	25.21%	26.84%	37.05%	12.12%	219.18%	521.26%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$12.55B	$11.13B	$9.470B	$7.563B	$5.963B	$4.351B	$3.881B	$1.216B	$195.7M
Cost Of Revenue	$2.112B	$2.039B	$1.842B	$1.326B	$1.208B	$985.6M	$974.5M	$388.1M	$99.40M
Gross Profit	$10.44B	$9.096B	$7.628B	$6.238B	$4.755B	$3.365B	$2.906B	$827.6M	$96.30M
Gross Profit Margin	83.17%	81.69%	80.55%	82.47%	79.74%	77.35%	74.89%	68.07%	49.21%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$3.118B	$2.894B	$2.616B	$1.552B	$1.718B	$1.201B	$1.212B	$476.1M	$227.2M
YoY Change	7.77%	10.61%	68.58%	-9.65%	43.03%	-0.93%	154.59%	109.55%
% of Gross Profit	29.88%	31.81%	34.29%	24.88%	36.12%	35.68%	41.71%	57.53%	235.93%
Research & Development	$511.0M	$491.5M	$434.9M	$370.2M	$390.6M	$318.0M	$164.9M	$114.6M	$14.10M
YoY Change	3.97%	13.02%	17.46%	-5.22%	22.83%	92.84%	43.89%	712.77%
% of Gross Profit	4.9%	5.4%	5.7%	5.94%	8.22%	9.45%	5.67%	13.85%	14.64%
Depreciation & Amortization	$22.52M	$23.83M	$37.28M	$51.80M	$57.70M	$42.20M	$22.60M	$12.10M	$3.300M
YoY Change	-5.5%	-36.09%	-28.04%	-10.23%	36.73%	86.73%	86.78%	266.67%
% of Gross Profit	0.22%	0.26%	0.49%	0.83%	1.21%	1.25%	0.78%	1.46%	3.43%
Operating Expenses	$3.629B	$3.385B	$3.051B	$1.922B	$2.108B	$1.519B	$1.377B	$590.8M	$241.4M
YoY Change	7.21%	10.96%	58.73%	-8.83%	38.81%	10.29%	133.07%	144.74%
Operating Profit	$6.807B	$5.711B	$4.577B	$4.316B	$2.646B	$1.847B	$1.529B	$236.8M	-$145.1M
YoY Change	19.19%	24.76%	6.07%	63.07%	43.3%	20.77%	545.73%	-263.2%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$53.11M	$146.3M	$0.00	$0.00	-$24.80M	$114.8M	-$214.0M	$178.7M	$35.30M
YoY Change	-63.7%			-100.0%	-121.6%	-153.64%	-219.75%	406.23%
% of Operating Profit	0.78%	2.56%	0.0%	0.0%	-0.94%	6.22%	-14.0%	75.46%
Other Income/Expense, Net	$394.7M	$220.7M	$122.4M	$116.5M	$234.9M	$659.3M	$42.40M	$113.6M	$42.00M
YoY Change	78.84%	80.35%	5.04%	-50.4%	-64.37%	1454.95%	-62.68%	170.48%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$2.779B	$2.736B	$2.736B	$2.424B	$2.857B	$2.621B	$1.358B	$549.8M	-$67.80M
YoY Change	1.56%	0.0%	12.88%	-15.14%	9.0%	93.04%	146.93%	-910.91%
Income Tax	$395.1M	$454.8M	$240.8M	$455.4M	$482.0M	$151.2M	$274.7M	$48.30M	$4.400M
% Of Pretax Income	14.22%	16.62%	8.8%	18.79%	16.87%	5.77%	20.23%	8.79%
Net Earnings	$2.341B	$2.266B	$2.509B	$1.973B	$2.373B	$2.469B	$1.083B	$501.5M	-$72.10M
YoY Change	3.29%	-9.67%	27.18%	-16.87%	-3.9%	127.99%	115.95%	-795.56%
Net Earnings / Revenue	18.66%	20.36%	26.49%	26.08%	39.8%	56.75%	27.91%	41.25%	-36.84%
Basic Earnings Per Share	$1.70	$1.60	$1.77	$1.34
Diluted Earnings Per Share	$1.67	$1.56	$1.692M	$1.323M	$1.529M	$1.544M	$1.389M	$334.8K	-$48.13K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$4.969B	$3.636B	$4.418B	$2.632B	$2.325B	$1.616B	$1.891B	$405.0M	$92.00M
YoY Change	36.66%	-17.69%	67.86%	13.2%	43.87%	-14.54%	366.91%	340.22%
Cash & Equivalents	$4.969B	$3.636B	$4.418B	$2.632B	$2.325B	$1.616B	$1.891B	$405.0M	$92.00M
Short-Term Investments
Other Short-Term Assets	$3.384B	$2.967B	$1.899B	$1.050B	$1.391B	$198.0M	$136.0M	$87.00M	$18.00M
YoY Change	14.07%	56.19%	80.9%	-24.51%	602.53%	45.59%	56.32%	383.33%
Inventory
Prepaid Expenses
Receivables	$2.209B	$2.217B	$1.891B	$864.0M	$882.0M	$812.0M	$18.00M	$14.00M	$58.00M
Other Receivables	$1.756B	$1.670B	$931.8M	$1.121B	$3.650B	$2.066B	$1.155B	$293.0M	$115.0M
Total Short-Term Assets	$12.32B	$10.49B	$9.140B	$5.667B	$8.248B	$4.692B	$3.200B	$799.0M	$283.0M
YoY Change	17.42%	14.77%	61.29%	-31.29%	75.79%	46.63%	300.5%	182.33%
Property, Plant & Equipment	$179.0M	$333.8M	$161.5M	$149.0M	$230.0M	$144.0M	$108.0M	$38.00M	$20.00M
YoY Change	-46.36%	106.63%	8.41%	-35.22%	59.72%	33.33%	184.21%	90.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.096B	$4.511B	$2.176B	$2.921B	$1.067B	$1.862B	$1.971B	$262.0M	$34.00M
YoY Change	-9.2%	107.31%	-25.5%	173.76%	-42.7%	-5.53%	652.29%	670.59%
Other Assets	$3.424B	$3.762B	$4.529B	$3.640B	$3.816B	$3.800B	$2.521B	$835.0M	$285.0M
YoY Change	-8.98%	-16.94%	24.43%	-4.61%	0.42%	50.73%	201.92%	192.98%
Total Long-Term Assets	$8.976B	$10.89B	$8.998B	$9.215B	$10.06B	$8.450B	$5.404B	$1.348B	$454.0M
YoY Change	-17.6%	21.05%	-2.35%	-8.36%	19.01%	56.37%	300.89%	196.92%
Total Assets	$21.29B	$21.38B	$18.14B	$14.88B	$18.30B	$13.14B	$8.604B	$2.147B	$737.0M
YoY Change
Accounts Payable			$81.15M	$103.0M	$685.0M	$905.0M	$1.114B	$422.0M	$176.0M
YoY Change			-21.21%	-84.96%	-24.31%	-18.76%	163.98%	139.77%
Accrued Expenses	$1.239B	$1.361B	$860.4M	$717.0M	$494.0M	$376.0M	$337.0M	$167.0M	$61.00M
YoY Change	-8.95%	58.2%	19.99%	45.14%	31.38%	11.57%	101.8%	173.77%
Deferred Revenue
YoY Change
Short-Term Debt	$5.756M	$0.00	$0.00	$0.00	$235.0M	$25.00M	$0.00	$16.00M	$20.00M
YoY Change				-100.0%	840.0%		-100.0%	-20.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.453B	$1.495B	$1.144B	$976.0M	$6.323B	$5.351B	$3.790B	$1.164B	$413.0M
YoY Change	-2.85%	30.65%	17.26%	-84.56%	18.16%	41.19%	225.6%	181.84%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$5.630B	$7.211B	$6.147B	$5.372B	$3.771B	$1.706B	$1.116B	$212.0M	$55.00M
YoY Change	-21.93%	17.31%	14.42%	42.46%	121.04%	52.87%	426.42%	285.45%
Total Long-Term Liabilities	$5.630B	$7.211B	$6.147B	$5.372B	$3.771B	$1.706B	$1.116B	$212.0M	$55.00M
YoY Change	-21.93%	17.31%	14.42%	42.46%	121.04%	52.87%	426.42%	285.45%
Total Liabilities	$7.545B	$9.011B	$7.483B	$6.519B	$10.36B	$7.219B	$4.981B	$1.375B	$469.0M
YoY Change	-16.27%	20.42%	14.79%	-37.06%	43.47%	44.93%	262.25%	193.18%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	1.375B	1.413B	1.421B	1.477B
Diluted Shares Outstanding	1.403B	1.454B	1.483B	1.491B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.7877 Billion

About FinVolution Group

FinVolution Group is an online consumer finance platform in China connecting underserved individual borrowers with financial institutions. The company is headquartered in Shanghai, Shanghai and currently employs 3,648 full-time employees. The company went IPO on 2017-11-10. The Company’s products and services include loan services offered to borrowers, investment services offered to individual investors and institutional funding partners. The loan services offered to borrowers include standard loan products, consumption loan products and other loan products. The investment services offered to individual investors include self-discretionary investing tools, automated investing tools, investment programs and a secondary loan market. The firm also introduces borrowers to institutional funding partners and provides preliminary credit assessment services as well as other services.

Industry: Loan Brokers Peers: Qifu Technology, Inc.