Welcome to our dedicated page for Jiayin Group news (Ticker: JFIN), a resource for investors and traders seeking the latest updates and insights on Jiayin Group stock.
Jiayin Group Inc (JFIN) operates at the intersection of financial services and digital innovation, leveraging big data analytics, cloud computing, and artificial intelligence to bridge consumers with financial institutions. This news hub provides investors and industry observers with timely updates on the company's strategic initiatives and market position within China's evolving fintech landscape.
Access JFIN's official press releases and curated financial news in one centralized location. Track developments across key areas including technology partnerships, regulatory updates, and operational milestones that demonstrate the company's commitment to intelligent risk management and digital transformation solutions.
This resource serves as an essential tool for monitoring JFIN's progress in developing cloud-based financial platforms and AI-driven services. Users will find comprehensive coverage of earnings announcements, strategic expansions, and technological innovations that shape the company's role in modernizing financial services infrastructure.
Bookmark this page for streamlined access to JFIN's latest corporate communications and market-moving developments. Regularly updated to reflect the company's dynamic position in the competitive fintech sector, this collection enables informed analysis of Jiayin Group's technology-driven approach to financial connectivity.
Jiayin Group (NASDAQ: JFIN) reported its Q4 and FY2024 financial results, showing mixed performance. Full-year loan facilitation volume increased 14.4% to RMB100.8 billion, while net revenue grew 6.1% to RMB5,801.0 million. However, the company experienced a decline in net income to RMB1,056.5 million, down 18.6% from 2023.
For Q4 2024, loan facilitation volume rose 37.8% to RMB27.7 billion, though net revenue decreased 12.2% to RMB1,404.5 million. The company maintained shareholder returns through cash dividends of US$0.5 per ADS in 2024, totaling approximately US$26.6 million.
Looking ahead, Jiayin projects 2025 loan facilitation volume between RMB137.0-142.0 billion, with Q1 2025 volume around RMB35 billion. The company also announced an increased dividend policy to distribute around 30% of annual net income and completed the purchase of new headquarters in Shanghai for RMB1.35 billion.
Jiayin Group (NASDAQ: JFIN), a leading fintech platform in China, has scheduled the release of its unaudited financial results for the fourth quarter and full year 2024. The results will be announced before the U.S. market opens on Thursday, March 27, 2025.
The company will host a conference call to discuss these financial results on the same day at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time). Participants are encouraged to register in advance and dial in 10 minutes before the scheduled start. The conference call will be accessible through both live and archived webcasts on the company's investor relations website.
Jiayin Group (NASDAQ: JFIN), a leading fintech platform in China, has announced the signing of a definitive agreement on December 17, 2024, to acquire commercial property in Shanghai. The property spans approximately 43,500 square meters and will be purchased for a total cash consideration of approximately RMB1.35 billion. The acquisition, subject to customary closing conditions, is intended to serve as the company's new headquarters to accommodate its continuing business growth.
Jiayin Group reported mixed Q3 2024 financial results. Loan facilitation volume increased 10.3% year-over-year to RMB26.7 billion (US$3.8 billion), while revenue from loan facilitation services grew 18.1% to RMB1,105.7 million. However, total net revenue decreased 1.5% to RMB1,444.9 million (US$205.9 million), and net income declined 16.8% to RMB269.6 million (US$38.4 million). The company's repeat borrowing rate was 67.8%, down from 71.5% in Q3 2023, while the average borrowing amount decreased 30.5% to RMB7,629.
Jiayin Group (NASDAQ: JFIN), a leading fintech platform in China, has scheduled the release of its third quarter 2024 unaudited financial results for Wednesday, November 20, 2024, before the U.S. market opens. The company will host a conference call to discuss these results at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) on the same day. A live and archived webcast of the conference call will be available on the company's investor relations website.
Jiayin Group Inc. (NASDAQ: JFIN) reported its Q2 2024 unaudited financial results. Key highlights:
- Loan facilitation volume remained stable at RMB24.0 billion (US$3.3 billion)
- Net revenue increased 15.5% YoY to RMB1,476.3 million (US$203.1 million)
- Income from operations decreased 38.5% YoY to RMB227.1 million (US$31.3 million)
- Net income decreased 27.0% YoY to RMB238.3 million (US$32.8 million)
The company expects Q3 2024 loan facilitation volume to reach approximately RMB25 billion. Jiayin also announced a cash dividend of US$0.50 per ADS and provided updates on its share repurchase plan and ESG initiatives.
Jiayin Group Inc. (NASDAQ: JFIN), a leading fintech platform in China, has announced a cash dividend of US$0.125 per ordinary share or US$0.50 per American depositary share (ADS). The record date is set for August 27, 2024, with payments expected to be distributed on or around September 3, 2024, for ordinary shareholders, and September 6, 2024, for ADS holders. The total dividend payout is estimated at approximately US$26.6 million. This announcement demonstrates Jiayin's commitment to delivering value to its shareholders and reflects the company's financial stability.
Jiayin Group Inc. (NASDAQ: JFIN), a leading fintech platform in China, has announced it will release its unaudited financial results for the second quarter of 2024 on Tuesday, August 27, 2024, before the U.S. market opens. The company will host a conference call to discuss these results on the same day at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time).
Interested parties can register for the conference call in advance using the provided link. A live and archived webcast of the call will be available on Jiayin's investor relations website at https://ir.jiayintech.cn/.
Jiayin Group Inc. (NASDAQ: JFIN), a leading fintech platform in China, has released its 2023 Environmental, Social and Governance (ESG) Report. This marks the company's third ESG report, underscoring its dedication to corporate sustainability, ethical business practices, and transparent governance.
In 2023, Jiayin focused on creating societal value and accelerating digital transformation. The company improved service quality, built a responsible supply chain, and promoted green technologies and low-carbon practices to minimize environmental impact and boost resource efficiency.
The report adheres to the Global Reporting Initiative's Sustainability Reporting Standards and references Nasdaq's ESG Reporting Guide 2.0. It is available in both English and Chinese on the company's investor relations website.
Jiayin Group (NASDAQ: JFIN) reported its unaudited financial results for Q1 2024. Key highlights include a 13.6% increase in loan facilitation volume to RMB22.5 billion and a 31.5% rise in net revenue to RMB1,475.3 million. However, income from operations fell 9.4% to RMB316.4 million, and net income decreased 2.4% to RMB273.1 million. The average borrowing amount per borrower grew by 6.6%, and repeat borrowing rate increased to 73.0%. The company also saw a substantial rise in facilitation and servicing expenses by 143.3%. The Board approved a US$0.50 cash dividend per ADS and extended the share repurchase plan to June 2025.
