Price: $5.0500
$-0.13
-2.510%
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Day's High:
| $5.18
| Week Perf:
| 0.6 %
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Day's Low: |
$ 5.00 |
30 Day Perf: |
2.02 % |
Volume (M): |
1,213 |
52 Wk High: |
$ 6.05 |
Volume (M$): |
$ 6,128 |
52 Wk Avg: |
$4.72 |
Open: |
$5.08 |
52 Wk Low: |
$3.63 |
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Market Capitalization (Millions $) |
7,344 |
Shares
Outstanding (Millions) |
1,454 |
Employees |
3,564 |
Revenues (TTM) (Millions $) |
1,785 |
Net Income (TTM) (Millions $) |
331 |
Cash Flow (TTM) (Millions $) |
-292 |
Capital Exp. (TTM) (Millions $) |
8 |
Finvolution Group
Finvolution Group is a leading fintech company based in China that provides consumer lending and technology-driven financial solutions. Established in 2007 as a subsidiary of Renren Inc., the company went public on the New York Stock Exchange (NYSE) in October 2018.
The company operates through multiple brands, including the flagship brand "Yirendai," "Huarui Consumer Finance," "WeChat Pay-lending," "Tanabata Jiayin," and "Hongmeng Credit." Finvolution Group's consumer lending services, including unsecured and secured loans, are primarily operated through its Yirendai platform, which serves as an online marketplace that connects borrowers with investors or lenders.
The company's technology-driven financial solutions include risk management, data analysis, artificial intelligence, and other financial innovation products. Finvolution Group employs over 20,000 employees and has over 170 million registered users, and its services have attracted the attention of several well-known financial institutions, including Goldman Sachs, IDG Capital, and Morningside Ventures.
One of Finvolution Group's main objectives is to provide more accessible and affordable financial services to customers through technology innovation. The company has achieved this through its comprehensive risk management system, which utilizes big data to assess borrower's credit risks without collateral, and its effective credit scoring mechanism that aims to provide personalized services to customers.
Finvolution Group has received numerous accolades in the fintech industry, including being named one of the "Fintech 100" worldwide in 2017, and being named one of China's "Top 10 Fintech Innovations" in 2018. The company continues to innovate and expand its services to meet the demands of the ever-evolving financial industry.
Company Address: Building G1, No. 999 Dangui Road Shanghai 201203
Company Phone Number: 21 8030 3200 Stock Exchange / Ticker: NYSE FINV
FINV is expected to report next financial results on April 24, 2024. |
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Stock Performances by Major Competitors |
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Oportun Financial Corporation
Oportun Financial Corporation recently released its financial results for the fourth quarter of 2023, showcasing a combination of positive and negative outcomes. While the company experienced a significant increase in its net shortfall per share and a decline in revenue compared to the previous quarter, operating earnings rose substantially. This article aims to interpret the key financial results, shedding light on both the challenges and successes faced by Oportun Financial Corporation during this period. Financial Highlights: 1. Widening Shortfall per Share: In the fourth quarter of 2023, Oportun Financial Corporation saw a significant increase in its net shortfall per share, amounting to $-0.95, compared to $-0.24 in the same quarter a year earlier. This represents a four-fold increase in losses per share over the given period. Sequentially, the company's net shortfall per share increased from $-0.55. As a result, investors may be concerned about the declining profitability of the corporation.
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Consumer Portfolio Services Inc
Interpreting the Financial Results of Consumer Portfolio Services Inc: A Case of EPS Decline Despite Revenue Elevation LAS VEGAS, NV, March 15, 2024 - Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (CPS or the Company) recently announced its financial results for the fourth quarter of the 2023 earnings season. While the company witnessed a significant increase in revenue, it also faced a decline in earnings per share (EPS). During the fourth quarter of 2023, EPS plummeted by -46.95% to $0.31 per share, contrasting the previous reporting season where EPS stood at $0.41 per share. Conversely, revenue experienced noteworthy growth of 10.789%, amounting to $91.98 million compared to $92.08 million in the corresponding reporting season a year earlier.
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Loandepot Inc
Investors in the financial services industry have been closely monitoring the recent performance of Loandepot Inc, a leading provider of home lending solutions. In the October to December 31 2023 financial span, the company reported a significant surge in revenue by 29.653% to $264.09 million compared to the same period last year. This achievement has surpassed industry contemporaries, as the Miscellaneous Financial Services sector reported a 14.67% revenue rise in the same period. Despite the impressive revenue growth, Loandepot Inc has reported a net deficit of $-59.770 million for this quarter and a per share loss of $-0.14. However, the company has managed to reduce its shortfall per share from the prior fiscal year to $-0.63.
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Sphere 3d Corp
Sphere 3D Corp Reports Surge in Revenue, but Continues to Struggle with Deficit In the recent year-end report released on December 31, 2023, Sphere 3D Corp, a leading Miscellaneous Financial Services company, announced a significant increase in revenue. The company reported a surge of 26.543% to $7.69 million compared to the same reporting season a year ago. However, despite the growth in revenue, Sphere 3D Corp also revealed an increased deficit per share at $-0.72 per share. This sequential increase in deficit from $-0.50 per share and the substantial revenue surge of 34.347% from $5.72 million have raised concerns among investors. Sphere 3D Corp reported a net deficit of $-8.771 million for the financial time-frame ending December 31, 2023. This is a significant improvement from the deficit of $-192.912 million in the corresponding reporting season a year ago. Moreover, the company indicated a shortfall of $-23.33 million and a revenue projection of $21.91 million for the financial period of 2023.
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Core Scientific Inc
Core Scientific Inc, a leading player in the miscellaneous financial services industry, recently released its financial results for the October to December 31, 2023 period. The company showed significant improvement as it reached break-even of $0.00 per share, compared to a loss of $0.63 per share during the same period last year and a loss of $0.11 per share in the preceding reporting season. Furthermore, Core Scientific Inc reported a net deficit of $0.000 million during this period, a substantial improvement from a deficit of $434.847 million in the comparable reporting season a year ago. This shows that the company has been able to control its expenses and reduce its losses significantly.
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Per Share |
Current |
Earnings (TTM) |
0.23 $ |
Revenues (TTM) |
1.23 $
|
Cash Flow (TTM) |
- |
Cash |
0.7 $
|
Book Value |
1.24 $
|
Dividend (TTM) |
0.04 $ |
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Per Share |
|
Earnings (TTM) |
0.23 $
|
Revenues (TTM) |
1.23 $ |
Cash Flow (TTM) |
- |
Cash |
0.7 $
|
Book Value |
1.24 $ |
Dividend (TTM) |
0.04 $ |
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