← CNFinance Holdings Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | — | — | — | — | — | $1.1b | $1.1b | $805.6m | $135.8m | |
| Operating Expenses | $82.2m | $113.6m | $182.7m | $124.0m | $100.5m | $85.9m | $121.5m | $187.3m | $67.1m | |
| Total operating expenses | ($897.6m) | ($746.7m) | ($531.0m) | ($447.7m) | ($380.9m) | ($338.6m) | ($381.3m) | ($399.8m) | ($182.8m) | |
| Operating Income (Loss) | — | — | — | — | — | — | ($381.3m) | ($399.8m) | ($182.8m) | |
| Additional Financial Items | ||||||||||
| Debt and Equity Securities, Realized Gain (Loss) | ($11.5m) | $3.2m | $46.1m | $20.2m | $19.2m | $20.6m | $6.5m | ($4.1m) | ($972k) | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.3m) | $1.8m | $647k | ($5.3m) | $786k | $7.4m | $3.6m | $5.9m | $5.7m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $20.3m | — | — | |
| Investment Income, Interest | — | — | — | — | — | $1.6b | $1.6b | $1.3b | $485.0m | |
| Other Income | — | — | — | — | — | — | $4.8m | ($24.4m) | $69.7m | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | $6.5m | ($4.1m) | ($972k) | |
| Taxes, Miscellaneous | $38.8m | $81.2m | $67.7m | $49.5m | $35.7m | $35.9m | $31.3m | $26.2m | $10.7m | |
| Interest and fees income | $3.4b | $4.3b | $3.0b | $1.8b | $1.8b | $1.7b | $1.8b | $1.5b | $575.8m | |
| Net interest and fees income | $2.0b | $2.3b | $1.7b | $1.1b | $1.0b | $946.6m | $1.0b | $744.1m | $63.9m | |
| Net revenue under the commercial bank partnership model | — | — | — | — | $107k | $57.6m | $87.9m | $97.1m | $20.0m | |
| Provision for credit losses, net of increase in guaranteed recoverable assets | ($306.8m) | ($433.8m) | ($362.7m) | ($277.6m) | $278.2m | ($238.1m) | ($177.3m) | ($105.2m) | ($480.9m) | |
| Realized gains/(losses) on sales of investments, net | ($11.5m) | $3.2m | $46.1m | $20.2m | $19.2m | $20.6m | $6.5m | ($4.1m) | ($972k) | |
| Net losses on sales of loans | — | — | — | ($50.6m) | ($479.6m) | ($44.6m) | ($17.2m) | ($6.5m) | ($21.0m) | |
| Other gains/(losses), net | — | — | — | — | $22.1m | $89.9m | $4.8m | ($24.4m) | $69.7m | |
| Employee compensation and benefits | ($546.0m) | ($443.1m) | ($228.1m) | ($190.4m) | ($211.2m) | ($197.0m) | ($204.6m) | ($155.7m) | ($91.2m) | |
| Taxes and surcharges | ($38.8m) | ($81.2m) | ($67.7m) | ($49.5m) | ($35.7m) | ($35.9m) | ($31.3m) | ($26.2m) | ($10.7m) | |
| Foreign currency translation adjustment | ($199k) | ($1.7m) | $4.0m | ($16.2m) | ($6.9m) | $15.2m | $867k | $524k | ($4.7m) | |
| Comprehensive income/(loss) | — | — | — | — | $58.3m | $150.5m | $165.5m | $38.3m | ($475.1m) | |
| Depreciation Amortization Depletion Income Statement | — | — | — | — | — | $2.2m | $1.8m | $11.5m | $16.0m | |
| Depreciation And Amortization In Income Statement | — | — | — | — | — | $2.2m | $1.8m | $11.5m | $16.0m | |
| Diluted EPS | — | — | — | — | $180.00 | $18.00 | $22.00 | $6.00 | — | |
| Diluted NI Availto Com Stockholders | $532.7m | $860.9m | $534.6m | $114.9m | $65.2m | $135.4m | $164.6m | $37.8m | ($470.4m) | |
| Gain On Sale Of Security | — | — | — | — | — | $9.6m | $1.1m | ($4.7m) | $3.2m | |
| Interest Income | $3.4b | $4.3b | $3.0b | $1.8b | $1.8b | $1.7b | $1.8b | $1.5b | $575.8m | |
| Net Income From Continuing And Discontinued Operation | $532.7m | $860.9m | $534.6m | $114.9m | $65.2m | $135.4m | $164.6m | $37.8m | ($470.4m) | |
| Net Income From Continuing Operation Net Minority Interest | $532.7m | $860.9m | $534.6m | $114.9m | $65.2m | $135.4m | $164.6m | $37.8m | ($470.4m) | |
| Net Interest Income | $2.0b | $2.3b | $1.7b | $1.1b | $1.0b | $945.9m | $1.0b | $744.1m | $63.9m | |
| Normalized Income | — | — | — | — | — | $149.2m | $218.0m | $152.2m | ($454.9m) | |
| Other Special Charges | — | — | — | — | — | $7.7m | $1.9m | $18.8m | $608k | |
| Reconciled Depreciation | — | — | — | — | — | $2.2m | $1.8m | $11.5m | $16.0m | |
| Rent And Landing Fees | — | — | — | — | — | $14.0m | $16.4m | $15.7m | $13.7m | |
| Salaries And Wages | — | — | — | — | — | $206.3m | $215.7m | $171.6m | $95.3m | |
| Selling General And Administration | — | — | — | — | — | $573.5m | $625.4m | $453.8m | $161.1m | |
| Special Income Charges | — | — | — | — | — | ($17.7m) | ($66.7m) | ($146.2m) | ($19.2m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | ($3.8m) | ($13.3m) | ($31.8m) | ($3.7m) | |
| Tax Provision | $276.0m | $296.8m | $186.4m | $47.8m | $28.6m | $37.2m | $41.0m | $10.5m | ($113.7m) | |
| Tax Rate For Calcs | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Write Off | — | — | — | — | — | $10.0m | $64.8m | $127.4m | $18.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $808.7m | $1.2b | $721.0m | $162.7m | $93.8m | $172.6m | $205.6m | $48.3m | ($584.1m) | |
| Total non-interest (losses)/income, net | $12.5m | ($11.4m) | $128.5m | — | ($438.4m) | $65.9m | ($5.8m) | ($35.0m) | $47.7m | |
| Total comprehensive income/(loss) attributable to ordinary shareholders | $529.9m | $860.8m | $537.1m | $98.5m | $58.3m | $150.5m | $146.1m | $38.3m | ($475.1m) | |
| Total Unusual Items | — | — | — | — | — | ($17.7m) | ($66.7m) | ($146.2m) | ($19.2m) | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | — | ($17.7m) | ($66.7m) | ($146.2m) | ($19.2m) | |
| Pre-Tax Income | $808.7m | $1.2b | $721.0m | $162.7m | $93.8m | $172.6m | $205.6m | $48.3m | ($584.1m) | |
| Less: net income attributable to non-controlling interests | — | — | — | — | — | $970k | $19.4m | — | — | |
| Net Income Continuous Operations | $532.7m | $860.9m | $534.6m | $114.9m | $65.2m | $135.4m | $164.6m | $37.8m | ($470.4m) | |
| Net Income (Loss) Attributable to Parent | $532.7m | $860.9m | $534.6m | $114.9m | $65.2m | $135.4m | $164.6m | $37.8m | ($470.4m) | |
| Net Income Including Noncontrolling Interests | $532.7m | $860.9m | $534.6m | $114.9m | $65.2m | $135.4m | $164.6m | $37.8m | ($470.4m) | |
| Earnings Per Share, Basic | $0.43 | $0.69 | $0.39 | $0.08 | $0.05 | $0.10 | $0.12 | $0.03 | ($0.34) | |
| Earnings Per Share, Diluted | $0.40 | $0.62 | $0.36 | $0.08 | $0.05 | $0.09 | $0.11 | $0.03 | ($0.34) | |
| Weighted Average Number of Shares Outstanding, Basic | 1.2b | 1.3b | 1.4b | 1.4b | 1.4b | 1.4b | 1.4b | 1.4b | 1.4b | |
| Basic Average Shares | — | — | — | — | $6.9m | $6.9m | $6.9m | $6.9m | — | |
| Diluted Average Shares | — | — | — | — | $6.9m | $7.7m | $7.5m | $6.9m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 1.3b | 1.4b | 1.5b | 1.5b | 1.4b | 1.5b | 1.4b | 1.3b | 1.4b | |
| Research and Development Expense | $4.8m | $1.4m | $2.4m | $10.0m | $1.6m | $760k | $1.8m | $1.0m | $3.8m | |
| Other General and Administrative Expense | — | — | — | — | — | — | $10.5m | $99.4m | $28.1m | |
| Labor and Related Expense | $546.0m | $443.1m | $228.1m | $190.4m | $211.2m | $197.0m | $204.6m | $155.7m | $91.2m | |
| Management Fee Expense | $0 | $0 | — | — | — | — | — | — | — | |
| Marketing and Advertising Expense | $15.0m | $15.3m | $45.8m | $30.5m | $29.2m | $32.4m | $49.8m | $13.7m | $58k | |
| Operating Lease, Expense | — | — | $39.2m | $18.3m | $15.5m | $15.1m | $16.9m | — | — | |
| Other Expenses | $82.2m | $113.6m | $182.7m | $124.0m | $100.5m | $85.9m | $121.5m | $187.3m | $67.1m | |
| Other General Expense | $6.4m | $14.3m | $15.7m | $6.9m | $9.0m | $7.3m | $6.0m | $2.2m | $1.4m | |
| Collaboration cost for sales partners | — | — | ($174.0m) | ($415.1m) | ($425.7m) | ($320.8m) | ($343.5m) | ($252.9m) | ($52.0m) | |
| Net interest and fees income after collaboration cost | $2.0b | $2.3b | $1.5b | $698.4m | $581.0m | $683.3m | $775.9m | $588.3m | $31.9m | |
| Net interest and fees income after collaboration cost and provision | $1.7b | $1.9b | $1.1b | $420.8m | $859.2m | $445.2m | $592.8m | $483.1m | ($449.1m) | |
| Share-based compensation expenses | ($182.7m) | ($39.7m) | ($15.9m) | ($62.1m) | ($18.8m) | ($5.8m) | ($7.5m) | ($14.9m) | — | |
| Operating lease cost | ($47.9m) | ($58.3m) | ($36.6m) | ($21.7m) | ($14.8m) | ($14.0m) | ($16.4m) | ($15.7m) | ($13.7m) | |
| Interest Expense | $1.4b | $1.9b | $1.3b | $731.3m | $775.6m | $784.8m | $723.1m | $794.5m | $511.9m | |
| Interest expenses on interest-bearing borrowings | ($1.4b) | ($1.9b) | ($1.3b) | ($731.3m) | ($775.6m) | ($784.8m) | ($723.1m) | ($794.5m) | ($511.9m) | |
| Current Income Tax Expense (Benefit) | $333.9m | $401.9m | $182.5m | $142.2m | $218.6m | $171.1m | $57.5m | $48.5m | $66.2m | |
| Income/(loss) before income tax expense | $808.7m | $1.2b | $721.0m | $162.7m | $93.8m | $172.6m | $205.6m | $48.3m | ($584.1m) | |
| Income tax (expense) | ($276.0m) | ($296.8m) | ($186.4m) | ($47.8m) | ($28.6m) | ($37.2m) | ($41.0m) | ($10.5m) | $113.7m | |
| General And Administrative Expense | — | — | — | — | — | $220.3m | $232.1m | $187.2m | $109.1m | |
| Rent Expense Supplemental | — | — | — | — | — | $14.0m | $16.4m | $15.7m | $13.7m | |
| Selling And Marketing Expense | — | — | — | — | — | $353.2m | $393.3m | $266.5m | $52.1m | |
| Interest Income (Expense), Net | $2.0b | $2.3b | $1.7b | $1.1b | $1.0b | $946.6m | $1.0b | $744.1m | $63.9m | |
| Income Tax Expense (Benefit) | $276.0m | $296.8m | $186.4m | $47.8m | $28.6m | $37.2m | $41.0m | $10.5m | ($113.7m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.