Streetbeat News

XYF

X Financial

https://www.xiaoyinggroup.com

Industry

Financial - Credit Services

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan. The company also offers Xiaoying housing loan, a home equity loan product for property owners; investment products through Xiaoying wealth management platform, such as loans, money market, and insurance products; and loan facilitation services to other platforms. X Financial was founded in 2014 and is headquartered in Shenzhen, the People's Republic of China.

Open

6.61

Mkt cap

320M

Volume

13K

High

6.68

P/E Ratio

1.72

52-wk high

8.59

Low

6.40

Div yield

0.01

52-wk low

3.48

China's expanded stimulus measures, including issuing ¥2 trillion in government bonds and injecting ¥1 trillion into state-owned banks, are expected to benefit certain US-listed Chinese companies. These include Qifu Technology (QFIN), X Financial (XYF), Hello Group (MOMO), and PDD Holdings (PDD), which are anticipated to gain from the economic boost.

Portfolio Pulse from David Pinsen

September 27, 2024 | 1:21 pm

X Financial reported its Q2 adjusted earnings per ADS at $1.03, with a 12.5% year-over-year increase in sales, reaching $188.9 million.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:55 pm

X Financial (NYSE: XYF) has initiated a tender offer to buy back up to 2 million of its American Depositary Shares (ADSs) at $4.52 per ADS. This move is part of a previously approved $20 million share repurchase program. The tender offer will expire on July 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:14 pm

X Financial (XYF) expects its Q2 total loan amount facilitated and originated to be between RMB 23.0 billion and RMB 24.5 billion. For the full year of 2024, the company projects a total loan amount between RMB 90 billion and RMB 110 billion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:02 pm

X Financial has announced a new program to repurchase up to $20 million of its Class A shares and its Class A ordinary shares in the form of ADSs.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:00 pm

X Financial reported its Q1 adjusted EPADS of $0.91 and sales of $167.30 million, up from $146.33 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:54 pm

X Financial's stock price has declined following the announcement of a year-over-year decrease in its Q4 adjusted earnings per ADS.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 4:48 pm

X Financial (NYSE:XYF) reported a decrease in Q4 adjusted earnings per ADS to $0.66 from $0.76 YoY, while sales increased to $168.00M from $138.55M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:56 pm

Numerous companies are scheduled to report their earnings on March 26, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include bluebird bio with an expected quarterly loss, Elbit Systems projecting earnings, and GameStop anticipated to report earnings. Other companies like McCormick & Co and TD Synnex are also expected to report significant earnings, while firms like AEye and Ouster are projected to report losses.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:47 am

The article provides an overview of value stocks in the financial services sector, highlighting companies with low P/E ratios that may indicate undervaluation. Notable stocks mentioned include WSFS Financial, Medallion Financial, SB Financial Group, Citigroup, and X Financial. The article details their recent earnings per share and dividend yields, noting that while value stocks may be undervalued, there is a risk they may not rebound.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 2:48 pm

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