← 9F Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying Value | $5.5b | $672.8m | $417.9m | $383.4m | — | $237.5m | $52.0m | $62.1m | |
| Short-term Investments | — | — | — | — | — | $1.1m | — | — | |
| Cash and cash equivalents | $5.5b | $4.7b | $2.7b | $2.4b | $2.4b | $1.7b | $379.4m | $434.5m | |
| Accounts receivable, net | — | — | — | — | $92.2m | $38.0m | $83.1m | $87.4m | |
| Other receivables, net | $146.4m | $117.3m | $126.7m | $70.6m | $116.2m | $50.3m | $62.5m | $79.5m | |
| Loans receivable, net | $593.9m | $778.5m | $267.4m | $260.2m | $146.2m | $13.4m | $7.0m | — | |
| Prepaid expenses and other assets, net | $543.1m | $1.1b | $793.1m | $751.9m | $222.7m | $166.0m | $159.1m | $165.5m | |
| Allowance For Doubtful Accounts Receivable | — | — | — | — | ($1.4b) | ($1.4b) | ($1.4b) | ($1.4b) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | $2.9b | $2.5b | $2.6b | $3.3b | |
| Gross Accounts Receivable | — | — | — | — | $1.5b | $1.5b | $1.5b | $1.5b | |
| Loans Receivable | — | — | — | — | $146.2m | $13.4m | $7.0m | $0 | |
| Other Current Assets | — | — | — | $22.3m | $222.7m | $166.0m | — | — | |
| Other Receivables | — | — | — | — | $116.2m | $50.3m | $62.5m | $79.5m | |
| Other Short Term Investments | — | — | — | — | $433.1m | $774.6m | $2.2b | $2.9b | |
| Prepaid Assets | — | — | — | — | $222.7m | $163.7m | $157.9m | $164.1m | |
| Receivables Adjustments Allowances | — | — | — | ($4.0m) | ($30.9m) | — | — | — | |
| Inventory, Net | — | — | — | $1.2m | $2.7m | $1.9m | $998k | $1.1m | |
| Property, Plant and Equipment, Net | $86.3m | $15.9m | $9.7m | $6.8m | $10.1m | $8.7m | $7.3m | $6.1m | |
| Goodwill | $13.4m | $10.4m | $3.4m | $3.5m | $3.6m | $0 | — | — | |
| Intangible Assets, Net (Excluding Goodwill) | $44.7m | $10.6m | $6.8m | $5.9m | $5.1m | $4.2m | $634k | $474k | |
| Intangible assets, net | $44.7m | $73.5m | $44.4m | $37.3m | $35.1m | $29.5m | $4.6m | $3.3m | |
| Goodwill And Other Intangible Assets | — | — | — | — | $59.9m | $29.5m | $4.6m | $3.3m | |
| Other Intangible Assets | — | — | — | — | $35.1m | $29.5m | $4.6m | $3.3m | |
| Operating Lease, Right-of-Use Asset | — | $17.5m | $4.4m | $2.9m | $1.3m | $2.6m | $1.5m | $413k | |
| Operating lease right-of-use assets, net | — | $121.8m | $28.7m | $18.5m | $8.7m | $18.2m | $11.2m | $2.9m | |
| Additional Financial Items | |||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $180.1m | $40.4m | $6.3m | $13.2m | $13.4m | $5.4m | — | — | |
| Accrued Liabilities, Current | — | — | — | — | $250.3m | $134.0m | — | — | |
| Restricted cash | — | $125.4m | $390.7m | $295.9m | $198.7m | $133.7m | $264.3m | $315.6m | |
| Term deposits | $833.5m | $24.0m | $133.8m | $83.3m | $232.4m | $346.6m | $262.8m | $3.8m | |
| Investment in marketable securities | — | — | $0 | $169.8m | $200.7m | $428.0m | $2.0b | $2.8b | |
| Investments | $954.2m | $775.6m | $738.3m | $727.4m | $530.2m | $1.1b | $879.6m | $315.6m | |
| Payroll and welfare payable | $38.9m | $41.6m | $34.5m | $14.5m | $15.7m | $11.0m | $11.5m | $9.5m | |
| Taxes payable | — | — | — | — | $304.0m | $291.0m | $307.2m | $297.6m | |
| Operating lease liabilities | $0 | $125.4m | $29.5m | $17.9m | $8.3m | $14.7m | $9.6m | $1.1m | |
| Amounts due to related parties | $14.7m | $29.9m | $25.3m | $24.0m | $5.1m | $4.6m | $6.0m | $6.1m | |
| Ordinary shares, value | — | $2k | $2k | $2k | $2k | $2k | $2k | — | |
| Statutory reserves | $446.3m | $459.0m | $466.4m | $466.5m | $465.5m | $465.5m | $470.5m | $476.2m | |
| Non-controlling interest | $10.4m | $47.0m | $54.7m | $55.7m | $54.8m | $54.6m | $54.8m | $59.3m | |
| Accumulated Depreciation | — | — | — | — | ($119.0m) | ($124.2m) | ($127.7m) | ($123.7m) | |
| Available For Sale Securities | — | — | — | — | $102.5m | $109.4m | $131.3m | $193.8m | |
| Buildings And Improvements | — | — | — | — | $51.1m | $51.1m | $51.1m | $51.1m | |
| Capital Lease Obligations | — | — | — | — | $8.3m | $14.7m | $9.6m | $1.1m | |
| Current Accrued Expenses | — | — | — | — | $66.8m | $15.6m | $18.3m | $16.7m | |
| Current Deferred Liabilities | — | — | — | — | $9.0m | $5.6m | $1.3m | $10.5m | |
| Duefrom Related Parties Current | — | — | — | $41.8m | $0 | — | — | — | |
| Dueto Related Parties Current | — | — | — | — | $5.1m | $5.5m | $6.0m | $6.1m | |
| Gross PPE | — | — | — | — | $197.0m | $204.2m | $192.5m | $169.1m | |
| Held To Maturity Securities | — | — | — | — | $0 | $509.4m | $287.4m | $104.2m | |
| Income Tax Payable | — | — | — | $281.3m | $304.0m | $297.7m | $307.2m | — | |
| Invested Capital | — | — | — | — | $3.7b | $3.5b | $3.6b | $3.7b | |
| Investmentin Financial Assets | — | — | — | — | $102.5m | $618.8m | $418.7m | $298.0m | |
| Investments And Advances | — | — | — | — | $530.2m | $1.1b | $879.6m | $315.6m | |
| Leases | — | — | — | — | $9.3m | $9.0m | $6.0m | $4.2m | |
| Long Term Capital Lease Obligation | — | — | — | — | $8.3m | $14.7m | $9.6m | $1.1m | |
| Long Term Equity Investment | — | — | — | — | $427.7m | $448.7m | $460.9m | $17.6m | |
| Machinery Furniture Equipment | — | — | — | — | $127.9m | $125.9m | $124.2m | $110.9m | |
| Net PPE | — | — | — | — | $78.0m | $79.9m | $64.8m | $45.5m | |
| Net Tangible Assets | — | — | — | — | $3.6b | $3.5b | $3.6b | $3.7b | |
| Non Current Deferred Liabilities | — | — | — | — | $7.1m | $6.0m | $763k | $14.3m | |
| Ordinary Shares Number | — | — | — | — | $235.5m | $235.5m | $235.5m | $235.5m | |
| Other Current Liabilities | — | — | — | $33.3m | $2.2m | $2.1m | — | — | |
| Other Equity Adjustments | — | — | — | — | $556.5m | $630.5m | $670.4m | $617.9m | |
| Other Non Current Assets | — | — | — | — | $222.7m | $329k | $253k | $286k | |
| Other Non Current Liabilities | — | — | — | — | $2.2m | $3.6m | $2.4m | $2.6m | |
| Other Payable | — | — | — | — | $42.2m | $67.3m | $63.7m | $54.7m | |
| Other Properties | — | — | — | — | $8.7m | $18.2m | $11.2m | $2.9m | |
| Properties | — | — | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | — | — | $235.5m | $235.5m | $235.5m | $235.5m | |
| Tangible Book Value | — | — | — | — | $3.6b | $3.5b | $3.6b | $3.7b | |
| Working Capital | — | — | — | — | $2.8b | $2.4b | $2.7b | $3.4b | |
| Total 9F Inc. shareholders’ equity | $6.2b | $6.3b | $4.2b | $4.1b | $3.7b | $3.5b | $3.6b | $3.7b | |
| Total shareholders’ equity | $6.3b | $6.3b | $4.2b | $4.2b | $3.7b | $3.6b | $3.7b | $3.8b | |
| Total Capitalization | — | — | — | — | $3.7b | $3.5b | $3.6b | $3.7b | |
| Total Debt | — | — | — | — | $8.3m | $14.7m | $9.6m | $23.9m | |
| Total Non Current Assets | — | — | — | — | $890.9m | $1.2b | $949.3m | $364.7m | |
| Total Tax Payable | — | — | — | — | $305.2m | $297.7m | $307.2m | $297.6m | |
| Assets | $9.1b | $1.3b | $825.5m | $792.4m | $625.0m | $568.9m | $564.9m | $614.6m | |
| TOTAL ASSETS | $9.1b | $8.9b | $5.4b | $5.0b | $4.3b | $4.0b | $4.1b | $4.3b | |
| LIABILITIES AND EQUITY | |||||||||
| Current Liabilities | — | — | — | — | $582.0m | $442.3m | $453.7m | $509.1m | |
| Accrued expenses and other liabilities | $745.3m | $1.2b | $726.7m | $467.2m | $250.3m | $134.0m | $131.5m | $198.4m | |
| Accounts Payable | — | — | — | — | $153.7m | $50.5m | $57.2m | $100.6m | |
| Current Deferred Revenue | — | — | — | — | $9.0m | $5.6m | $1.3m | $10.5m | |
| Payables And Accrued Expenses | — | — | — | — | $573.0m | $436.7m | $452.4m | $475.8m | |
| Deferred Income Tax Liabilities, Net | $9.0m | $2.5m | $1.4m | $1.2m | $1.0m | $852k | $105k | $2.0m | |
| Deferred tax liabilities | $9.0m | $17.2m | $9.3m | $7.7m | $7.1m | $6.0m | $763k | $14.3m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | $8.3m | $14.7m | $9.6m | $1.1m | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | $7.1m | $6.0m | $763k | $14.3m | |
| Deferred Tax Liabilities, Net | — | — | — | — | — | — | — | $14.3m | |
| Liabilities | $1.5b | $366.6m | $178.3m | $134.9m | $86.9m | $65.7m | $63.9m | $75.4m | |
| TOTAL LIABILITIES | $1.5b | $2.6b | $1.2b | $859.7m | $599.6m | $466.7m | $466.5m | $527.1m | |
| Stockholders’ equity: | |||||||||
| Common Stock, Value, Issued | — | — | — | — | $1k | — | — | — | |
| Additional Paid in Capital | $3.0b | $752.9m | $847.8m | $907.1m | $838.9m | $804.8m | $5.7b | $5.7b | |
| Retained Earnings (Accumulated Deficit) | $2.7b | $70.1m | ($279.3m) | ($322.9m) | ($389.5m) | ($398.1m) | ($381.1m) | ($374.5m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $80.2m | $13.2m | ($1.1m) | ($8.6m) | $13.2m | $23.2m | $27.4m | $20.3m | |
| Additional Paid in Capital, Common Stock | — | — | — | — | — | — | $782.7m | $817.0m | |
| Accumulated deficit | $2.7b | $488.2m | ($1.8b) | ($2.1b) | ($2.7b) | ($2.8b) | ($2.8b) | ($2.6b) | |
| Accumulated other comprehensive income | $80.2m | $92.2m | ($7.0m) | ($55.1m) | $91.0m | $165.0m | $199.9m | $141.7m | |
| Capital Stock | — | — | — | — | $2k | $2k | $2k | $2k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | $556.5m | $630.5m | $670.4m | $617.9m | |
| Preferred Stock | — | — | — | $0 | $0 | — | — | — | |
| Stockholders' Equity Attributable to Parent | $6.2b | $902.2m | $638.9m | $648.7m | $530.1m | $495.5m | $493.4m | $530.8m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $10.4m | $6.8m | $8.4m | $8.7m | $7.9m | $7.7m | $7.5m | $8.5m | |
| Minority Interest | — | — | — | — | $54.8m | $54.6m | $54.8m | $59.3m | |
| Total Equity Gross Minority Interest | — | — | — | — | $3.7b | $3.6b | $3.7b | $3.8b | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | $17.6m | $24.4m | $12.7m | $18.0m | |
| Liabilities and Equity | $9.1b | $1.3b | $825.5m | $792.4m | $625.0m | $568.9m | $564.9m | $614.6m | |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $9.1b | $8.9b | $5.4b | $5.0b | $4.3b | $4.0b | $4.1b | $4.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.