Streetbeat News

CNF

CNFinance Holdings Limited

https://www.cashchina.cn

Industry

Financial - Mortgages

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company also provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property. It operates a network of 63 branches and sub-branches, which included 14 branches and sub-branches in the Pearl River Delta region, 7 branches and sub-branches in the Yangtze River Delta region, and 42 branches and sub-branches in other areas in approximately 50 cities in China. CNFinance Holdings Limited was founded in 1999 and is headquartered in Guangzhou, the People's Republic of China.

Open

0.98

Mkt cap

74M

Volume

High

1.03

P/E Ratio

4.12

52-wk high

2.84

Low

0.98

Div yield

N/A

52-wk low

0.86

Benzinga Insights has identified several value stocks in the financial services sector based on low P/E ratios. Oak Valley (OVLY), Peapack Gladstone Finl (PGC), Security National Finl (SNFCA), CNFinance Hldgs (CNF), and Intl General Insurance (IGIC) are on the list. OVLY and PGC reported a decrease in EPS compared to Q2, while SNFCA and IGIC also saw a decrease in EPS. CNF, however, experienced an increase in EPS. Dividend yields have varied, with OVLY and PGC seeing increases, while IGIC reported a decrease.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 2:47 pm

CNFinance reported a 19.9% year-over-year increase in Q3 total loan origination volume, reaching RMB5,105.1M (~$699.7M). The total number of active borrowers rose by 13% YoY to 26,624.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:07 am

CNFinance Hldgs (NYSE:CNF) reported Q3 earnings with an EPS of $0.1, surpassing estimates by 66.67% against the expected $0.06. However, revenue declined by $360 thousand compared to the same period last year. Despite beating last quarter's EPS estimate, the share price fell by 3.74% the following day. Historical earnings performance shows mixed results with both beats and misses on EPS and revenue estimates in previous quarters.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 11:05 am

CNFinance Holdings (NYSE:CNF) exceeded Q3 earnings and sales estimates with an EPS of $0.10, surpassing the $0.06 consensus, and reported sales of $58.24M, beating the $43.17M estimate. This reflects a 66.67% EPS beat and a 34.92% sales beat, with a slight 0.61% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:04 am

CNFinance Hldgs (NYSE:CNF) reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.01 by 700%. However, the company's quarterly sales of $59.48 million missed the analyst consensus estimate of $63.15 million by 5.81%.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:06 am

CNFinance Hldgs (NYSE:CNF) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $0.01. The company's past performance shows a mix of EPS estimates and actuals, with the stock price fluctuating accordingly. The shares were trading at $2.93 as of August 25, with a 52-week increase of 11.36%.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 9:01 pm

CNFinance Hldgs (NYSE:CNF) reported Q1 earnings of $0.09 per ADS, with sales of $65.99M, beating the analyst consensus estimate of $65.80M by 0.29%. This is a 0.22% increase over sales of $65.84M the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 10:19 am

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