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X Financial (XYF)
NYSE:XYF
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 18, 2019
|% Change Since: 6.91%
|Next Earnings Date:Nov 19, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook for XYF, with significant improvements in asset quality, record-high net income, and sequential growth in loan volumes. However, challenges such as increased expenses and low trading volume were noted. The Chinese government's economic stimulus is expected to provide further market benefits.Company Guidance
In the third quarter of 2024, X Financial reported strong performance with key metrics exceeding expectations. The company facilitated and originated a total loan amount of RMB 28 billion, which marked a 25% sequential increase, surpassing the high end of their guidance. Delinquency rates for loans past due for 31 to 60 days improved to 1.02% from 1.29% the previous quarter, and rates for loans past due for 91 to 180 days decreased to 3.22% from 4.38%. X Financial raised its guidance, expecting monthly loan volumes to exceed RMB 10 billion in the fourth quarter. Total net revenue reached RMB 1.6 billion, a 13% year-on-year increase, while non-GAAP adjusted net income hit a record high of RMB 434 million. The company also extended its USD 30 million share repurchase program and announced a USD 20 million plan, reflecting its commitment to enhancing shareholder value. The total loan amount facilitated and originated for 2024 is projected to be between RMB 102.6 billion and RMB 103.6 billion.Sequential Growth in Loan Volume
Total loan amount facilitated and originated was up 25% sequentially to RMB 28 billion, exceeding the high end of guidance.
Record-High Non-GAAP Adjusted Net Income
Non-GAAP adjusted net income reached a record high of RMB 434 million, up 6% year-on-year and sequentially.
Improved Asset Quality
Delinquency rates improved with loans past due for 31 to 60 days and 91 to 180 days at 1.02% and 3.22%, respectively, compared to the previous quarter.
Revenue Growth
Total net revenue increased by 13% year-on-year to RMB 1.6 billion.
Positive Market Outlook
Chinese government's stimulus package expected to boost the macroeconomic recovery, benefiting the personal finance market.
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XYF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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XYF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 26, 2024 | $6.95 | $7.26 | +4.46% |
| Aug 21, 2024 | $4.30 | $4.67 | +8.60% |
| May 30, 2024 | $3.78 | $4.01 | +6.08% |
| Mar 26, 2024 | $4.27 | $3.29 | -22.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does X Financial (XYF) report earnings?
X Financial (XYF) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is X Financial (XYF) earnings time?
X Financial (XYF) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XYF EPS forecast?
Currently, no data Available
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