China's X Financial Q4 revenue falls, net income drops

X Financial

25/03/2026 21:04

Overview

China fintech platform's Q4 2025 revenue fell 14.1% yr/yr

Q4 net income dropped 85.2% yr/yr due to higher credit provisions and lower facilitation revenue

As of March 15, company repurchased $53.85 mln in shares and declared a semi-annual dividend

Outlook

X Financial expects Q1 2026 loan origination of RMB 14.5 bln to RMB 15.5 bln

Result Drivers

LOWER ORIGINATION VOLUMES - Co said Q4 loan origination and active borrowers declined due to focus on higher-quality origination and tighter credit standards

HIGHER CREDIT PROVISIONS - Co said profitability was significantly impacted by higher credit-related provisions and lower loan facilitation revenue

Company press release: ID:nPn149xJBa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
RMB 1.47 bln
Q4 EPS
RMB 1.44
Q4 Adjusted Net Income
RMB 61.3 mln


Analyst Coverage

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 18 three months ago

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(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.)