X Financial ( (XYF) ) has released its Q3 earnings. Here is a breakdown of the information X Financial presented to its investors.
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X Financial is a prominent Chinese fintech platform that connects borrowers with institutional funding partners, leveraging big data-driven technology to facilitate and originate loans under a robust risk assessment and control system.
In the third quarter of 2025, X Financial reported a significant year-over-year increase in total loan facilitation, with a total loan amount of RMB33.6 billion, marking an 18.7% rise from the previous year. The company also saw a 24.2% increase in active borrowers, although sequential borrower activity showed moderation.
Key financial metrics revealed a 23.9% year-over-year increase in total net revenue, reaching RMB1.96 billion, driven by higher loan facilitation volumes. However, income from operations decreased by 28.9% due to increased provisions for contingent guarantee liabilities and other credit-related costs. Despite these challenges, net income rose by 12.1% year-over-year to RMB421.2 million.
The company’s asset quality faced pressure, with delinquency rates for loans past due rising significantly. X Financial’s management emphasized a focus on strengthening risk control and collection efficiency to mitigate potential credit losses. Looking ahead, the company plans to prioritize credit quality, liquidity stability, and disciplined execution to navigate the current environment and maintain long-term competitiveness.
X Financial remains committed to enhancing shareholder value through its share repurchase program and continues to monitor regulatory developments closely. The company expects a measured pace of loan origination in the upcoming quarter, reflecting a focus on asset quality and profitability optimization.