Financial Services - Financial - Credit Services - NYSE - CN
$ 5.94
2.06 %
$ 1.51 B
Market Cap
5.35
P/E
FinVolution 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.[ Read More ]
The intrinsic value of one FINV stock under the base case scenario is HIDDEN Compared to the current market price of 5.94 USD, FinVolution Group is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart FINV
FINANCIALS
12.6 B
REVENUE
6.86 B
OPERATING INCOME
2.38 B
NET INCOME
1.41 B
OPERATING CASH FLOW
1.41 B
INVESTING CASH FLOW
-2.56 B
FINANCING CASH FLOW
3.17 B
REVENUE
559 M
OPERATING INCOME
551 M
NET INCOME
965 M
OPERATING CASH FLOW
-578 M
INVESTING CASH FLOW
-480 M
FINANCING CASH FLOW
Balance Sheet Decomposition
FinVolution Group
| Current Assets | 18 B |
| Cash & Short-Term Investments | 7.93 B |
| Receivables | 2.21 B |
| Other Current Assets | 7.86 B |
| Non-Current Assets | 3.29 B |
| Long-Term Investments | 1.14 B |
| PP&E | 179 M |
| Other Non-Current Assets | 1.98 B |
| Current Liabilities | 943 M |
| Accounts Payable | 0 |
| Short-Term Debt | 5.76 M |
| Other Current Liabilities | 937 M |
| Non-Current Liabilities | 6.48 B |
| Long-Term Debt | 35.9 M |
| Other Non-Current Liabilities | 6.44 B |
EFFICIENCY
Earnings Waterfall
FinVolution Group
| Revenue | 12.6 B |
| Cost Of Revenue | 2.16 B |
| Gross Profit | 10.4 B |
| Operating Expenses | 3.04 B |
| Operating Income | 6.86 B |
| Other Expenses | 4.48 B |
| Net Income | 2.38 B |
RATIOS
82.82%
GROSS MARGIN
54.44%
OPERATING MARGIN
18.58%
NET MARGIN
17.03%
ROE
10.99%
ROA
42.78%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
FinVolution Group
| Net Income | 2.38 B |
| Depreciation & Amortization | 69.1 M |
| Capital Expenditures | -538 M |
| Stock-Based Compensation | 116 M |
| Change in Working Capital | -1.27 B |
| Others | -911 M |
| Free Cash Flow | 875 M |
Wall Street Analysts Price Targets
FinVolution Group
Wall Street analysts predict an average 1-year price target for FINV of $6.2 , with forecasts ranging from a low of $6.2 to a high of $6.2 .
FINV Lowest Price Target
Wall Street Target
6.2 USD
4.38%
FINV Average Price Target
Wall Street Target
6.2 USD
4.38%
FINV Highest Price Target
Wall Street Target
6.2 USD
4.38%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.237 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
FinVolution Group
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
FinVolution Group to Report Third Quarter 2024 Financial Results on Monday, November 18, 2024
-Earnings Call Scheduled for 7 : 30 p .m. ET on November 18 , 2024- SHANGHAI , Nov. 5, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its third quarter 2024 unaudited financial results, on Monday, November 18, 2024, after the close of U.S. markets.
prnewswire.com
- 1 week ago
FinVolution Subsidiary AdaKami Enters into Strategic Funding Agreement with PT Super Bank, Indonesia
SHANGHAI , Oct. 29, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Indonesian financial application, AdaKami, has entered into a strategic funding agreement with PT Super Bank Indonesia, a leading digital-focused bank in Indonesia. Under the terms of the agreement, Superbank will provide AdaKami with a funding facility of 500.0 billion Rupiah (approximately US$32.0 million).
prnewswire.com
- 2 weeks ago
FINV Sees Significant Stock Price Increase by 5.02%
FINV.us (信也科技) experienced a notable stock price surge, rising by 5.02%. The stock is currently trading at $6.69 per share with a trading volume of 1.07369 million shares, reflecting a turnover rate of 0.41% and an amplitude of 3.06%.
gurufocus.com
- 1 month ago
FinVolution: Market Diversity And Risk Management Are Major Competitive Advantages
I am bullish on FinVolution Group due to its diverse market reach, robust risk management strategies, and commitment to shareholder value through dividends and share buybacks. The stock is undervalued with a P/E ratio of 4.82x and a NAV/share of $7.64, presenting a good entry opportunity. FinVolution's expansion into emerging markets like the Philippines and Indonesia, coupled with its mature Chinese market, ensures both short- and long-term growth.
seekingalpha.com
- 1 month ago
Investors expecting an aggressive Fed cut are getting too 'ahead of the curve,' UBS CEO says
The markets may be getting too ahead of themselves that the U.S. Federal Reserve will pull an aggressive rate cut, said the CEO of Swiss banking giant UBS. "I think the market seems to be a little bit too ahead of the curve in expecting the Fed to go so aggressively," Sergio Ermotti, Group CEO of UBS Group AG, told CNBC's "Squawk Box Asia.
cnbc.com
- 2 months ago
FinVolution Group (FINV) Q2 2024 Earnings Conference Call Transcript
FinVolution Group (NYSE:FINV ) Q2 2024 Earnings Conference Call August 15, 2024 8:30 PM ET Company Participants Jimmy Tan - Head of IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Cindy Wang - China Renaissance Yada Li - CICC Alex Ye - UBS Operator Hello, ladies and gentlemen. Thank you for participating in the Second Quarter 2024 Earnings Conference Call for FinVolution Group.
seekingalpha.com
- 2 months ago
FinVolution Group Reports Second Quarter 2024 Unaudited Financial Results
-H1 China Transaction Volume reached RMB92.5 billion, up 6.0% year-over-year--H1 International Transaction Volume reached RMB4.5 billion, up 32.4% year-over-year--H1 International Revenues increased to RMB1,157.7 million, up 21.9% year-over-year and contributing 18.3% of total net revenues- SHANGHAI , Aug. 20, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. For the Three Months Ended/As of YoY Change June 30 , 202 3 June 30 , 202 4 Total Transaction Volume (RMB in billion s ) 1 47.3 48.7 3.0 % Transaction Volume (China's Mainland)2 45.5 46.4 2.0 % Transaction Volume (International)3 1.8 2.3 27.8 % Total Outstanding Loan Balance (RMB in billion s ) 63.7 65.6 3.0 % Outstanding Loan Balance (China's Mainland)4 62.6 64.2 2.6 % Outstanding Loan Balance (International)5 1.1 1.4 27.3 % Second Quarter 2024 China Market Operational Highlights Cumulative registered users6 reached 162.2 million as of June 30, 2024, an increase of 8.6% compared with June 30, 2023.
prnewswire.com
- 2 months ago
FinVolution Group to Report Second Quarter 2024 Financial Results on Tuesday, August 20, 2024
-Earnings Call Scheduled for 8 :30 p .m. ET on August 20, 2024- SHANGHAI , Aug. 6, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its second quarter 2024 unaudited financial results, on Tuesday, August 20, 2024, after the close of U.S. markets.
prnewswire.com
- 3 months ago
FinVolution Publishes Sixth Annual ESG Report
SHANGHAI , July 22, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced it has released its 2023 Environmental, Social, and Governance (ESG) report, the Company's sixth consecutive annual ESG report. The report provides a comprehensive overview of FinVolution's ESG priorities and endeavors in 2023, reaffirming the Company's long-standing commitment to sustainability and fulfilling corporate social responsibility with innovative, green technologies.
prnewswire.com
- 3 months ago
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
SHANGHAI , July 2, 2024 /PRNewswire/ -- Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with an individual posing as the company's chief financial officer (CFO), who was actually a deepfake.
prnewswire.com
- 4 months ago
FinVolution Group Wins Asian Banker's Award for "Best Consumer Lending Technology Implementation in China"
SHANGHAI , June 24, 2024 /PRNewswire/ -- FinVolution Group, a leading fintech company, has been awarded the "Best Consumer Lending Technology Implementation in China" alongside CITIC Consumer Finance at the Asian Banker China Awards 2024. This award acknowledges FinVolution's dedication to providing innovative technology to financial institution partners.
prnewswire.com
- 4 months ago
FinVolution's Philippines Subsidiary Cooperates with Maya Bank, Boosting Credit Accessibility
SHANGHAI , June 20, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Philippines financial subsidiaries Wefund Lending Corporation and Lightning Financing Company entered into a loan facilitation agreement totaling 2.75 billion Peso (US$47.5 million) with Maya Bank, a pioneering digital bank dedicated to empowering the experience of its consumers and enterprise clients, and improve credit accessibility for the unbanked and underserved communities in the Philippines. JuanHand, an online lending platform with around 6 million registered users under Wefund Lending Corporation emerged as the preferred online platform for tech-empowered cash lending and other financial solutions among Filipinos.
prnewswire.com
- 4 months ago
8. Profile Summary
FinVolution Group FINV
COUNTRY
CN
INDUSTRY
Financial - Credit Services
MARKET CAP
$ 1.51 B
Dividend Yield
0.00%
Description
FinVolution 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.
Contact
Building G1, Shanghai, 201203
https://ir.finvgroup.com
IPO Date
Nov. 9, 2017
Employees
3648
Officers
Mr. Jimmy Tan
Head of Investor Relations
Mr. Yuxiang Wang
Chief Technology Officer & Chief Operating Officer
Mr. Tiezheng Li
Co-Founder, Chief Executive Officer & Vice Chairman
Ms. Pingping Chen
President & Chief Compliance Officer
Mr. Jun Zhang
Co-Founder & Director
Mr. Jiayuan Xu
Chief Financial Officer
Mr. Shaofeng Gu
Chairman & Chief Innovation Officer