Jiayin Group ( (JFIN) ) has released its Q1 earnings. Here is a breakdown of the information Jiayin Group presented to its investors.
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Jiayin Group Inc. is a prominent fintech platform in China, specializing in connecting underserved individual borrowers with financial institutions through a secure and data-driven platform. The company has reported a significant growth in its financial performance for the first quarter of 2025, with a notable increase in loan facilitation volume and net revenue.
In the first quarter of 2025, Jiayin Group achieved a total loan facilitation volume of RMB35.6 billion, marking a 58.2% increase from the previous year. The company’s net revenue also rose by 20.4% to RMB1,775.6 million, showcasing its robust growth trajectory.
Key financial metrics highlight Jiayin’s strong performance, with income from operations increasing by 91.7% to RMB606.6 million and net income surging by 97.5% to RMB539.5 million. Despite a decrease in the average borrowing amount per borrower, the company maintained a low delinquency ratio of 1.13%, reflecting effective risk management.
Looking ahead, Jiayin Group remains optimistic about its growth prospects for 2025, focusing on expanding its loan facilitation business and enhancing technological capabilities. The company anticipates continued improvement in its financial performance, driven by strategic partnerships and AI-driven tools.