China's Join-Share's H1 revenue, profit fall on lower guarantee fee income

Guangdong Join-Share Financing Guarantee Investment

28/08/2026 16:03

Overview
China financing guarantee provider's H1 revenue fell 18.5% yr/yr to RMB115.35 mln
Profit before tax dropped 44.9% yr/yr to RMB20.60 mln
Profit attributable to shareholders declined 74.5% yr/yr to RMB5.29 mln

Outlook
Company did not provide specific financial guidance or outlook for future periods in the press release

Result Drivers
GUARANTEE BUSINESS CONTRACTION – Net guarantee fee income fell 27.1% as outstanding guarantees declined, underwriting standards tightened and deferred fees from prior projects decreased
LOWER LENDING INCOME – Net interest income fell 11.9%, as lower entrusted-loan balances, factoring income and bank-deposit balances outweighed stable micro-lending income
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 115.35 mln
 

Reuters Recommended Reads
Aug 27 - China's FinVolution Q2 revenue falls on lower loan facilitation fees
Aug 28 - China fintech Jiayin swings to Q2 loss as transactions tumble; suspends dividend
Aug 28 - China's Haosen Fintech H1 profit rises on lower finance costs

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)