FinVolution Group

FinVolution Group is an online consumer finance platform in China connecting underserved individual borrowers with financial institutions. The firm has developed technologies and accumulates in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The company's platform, empowered by proprietary cutting-edge technologies, features an automated loan transaction process, which enables a superior user experience. FinVolution Group was founded by Shao Feng Gu, Hong Hui Hu, Tie Zeng Li, and Jun Zhang in 2007 and is headquartered in Shanghai, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FinVolution Group reports robust Q1 performance amidst market challenges

FinVolution Group's Q1 2023 performance reflects resilience amidst domestic market challenges, with strong revenue and income growth.
The company's strategic strengths in technology investments, risk management, and international market expansion bode well for future growth.
While facing macroeconomic headwinds, FinVolution Group remains focused on innovation and shareholder value creation, positioning itself for sustainable growth.

FinVolution Group reports robust Q2 earnings and eyes international expansion

FinVolution Group's Q2 2023 earnings call showcased strong financial performance, strategic initiatives, and growth prospects in the Pan-Asian region and international markets.
The company's focus on technology, ESG, and shareholder value enhancement positions them well for future success, despite potential challenges in regulatory environments and competition.
With a solid foundation in place and a positive outlook for increased transaction volumes, FinVolution Group remains poised for continued growth and market leadership.

FinVolution Group reports robust Q3 performance and eyes international growth

FinVolution Group's Q3 performance reflects a resilient business model with strong growth momentum in key markets and successful international expansion efforts.
While the company faces challenges related to market risks and cost management, its strategic strengths in risk management and market expansion position it well for future growth.
By capitalizing on domestic and international opportunities and addressing key concerns raised during the call, FinVolution Group can navigate challenges effectively and drive sustainable value creation for shareholders.

FinVolution Group reports robust 2023 performance and eyes international expansion

FinVolution Group's Q4 2023 earnings call highlighted strong financial performance, growth in domestic and international markets, and a commitment to technological advancements and ESG initiatives. The company aims for continued expansion and sustainable development in 2024, with a focus on operational excellence and shareholder returns. Challenges include regulatory uncertainties and competitive pressures, while opportunities exist in international expansion and growth projections.

FinVolution Group posts robust Q1 results, eyes tech-driven growth

FinVolution Group's Q1 2024 earnings call showcased strong financial performance, with growth in key markets and international business revenue. While facing challenges related to market competition and profitability, the company remains optimistic about future growth opportunities and is focused on leveraging technology and strategic initiatives to drive value for shareholders.

FinVolution Group excels in Q2 2024, eyes international fintech expansion

FinVolution Group's Q2 2024 earnings call highlighted strong performance, customer acquisition success, and a focus on technology and ESG principles. The company aims to become an international fintech platform, deliver consistent returns, and enhance shareholder value through its capital return program. Challenges include managing loan demand, optimizing customer acquisition, and balancing growth with risk management.

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FinVolution Group is an online consumer finance platform in China connecting underserved individual borrowers with financial institutions. It developed technologies and accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data, and artificial intelligence. The company's platform empowered by proprietary cutting-edge technologies, features an automated loan transaction process, which enables superior user experience. The company was founded by Shao Feng Gu, Hong Hui Hu, Tie Zeng Li, and Jun Zhang in June 2007 and is headquartered in Shanghai, China.

FinVolution is a thriving fintech company which is poised to benefit from the growth in China's middle class population and strong economy. The company grew its total transaction volume by 25% year over year to $7 billion (RMB 48.6B).

FinVolution: Chinese Fintech With Huge AI Tailwinds

The firm announced this week that its CEO was leaving the company. FinVolution reported a mixed bag for its fourth-quarter earnings.

Why FinVolution Stock Fell 16.2% This Week

FinVolution posted revenue gains in the fourth quarter but saw net profits decline year over year. The company announced the CEO's resignation on Tuesday, as well as his replacement.

Why FinVolution Group Stock Was Down 14.7% on Wednesday

FinVolution Group (NYSE:FINV ) Q4 2022 Earnings Conference Call March 14, 2023 8:30 PM ET Company Participants Jimmy Tan - Head, IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Alex Ye - UBS Yada Li - CICC Thomas Chong - Jefferies Operator Hello, ladies and gentlemen, thank you for participating in the Fourth Quarter and Full Year 2022 Earnings Conference Call for FinVolution Group. [Operator Instructions].

FinVolution Group (FINV) Q4 2022 Earnings Call Transcript

Marks the fifth consecutive year of dividend declarations SHANGHAI , March 14, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its board of directors (the "Board") has approved a cash dividend of US$0.215 per American Depositary Share for fiscal year 2022, which represents a payout ratio of approximately 18.5% of the Company's net income for fiscal year 2022. The dividend is expected to be distributed on or around May 5, 2023 to shareholders of record as of the close of business on April 13, 2023.

FinVolution Group Increases Dividend Payout Ratio to 18.5% for Fiscal Year 2022, with US$0.215 per American Depositary Share

-International business revenue contribution reached 12.9% of total revenue for the fourth quarter and 10.3% for FY 2022 through Local Focus, Global Outlook Strategy- -2022 Full Year Total Transaction Volume set new record high at RMB175.4 billion, an increase of 27.7% compared to Fiscal Year 2021- -2023 Domestic Transaction Volume expected to be in the range of RMB189.0 billion to RMB205.0 billion, representing year-over-year growth of approximately 10.0% to 20.0%- -2023 International Transaction Volume expected to be around RMB6.4 billion representing year-over-year growth of approximately 50.0%- SHANGHAI , March 14, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. For the Three Months Ended D e cember 31, YoY Change For Full Year  Ended D e cember 31, YoY Change 2021 2022 2021 2022 Total Transaction Volume (RMB in billion)1           39.0 48.6 24.6 % 137.4 175.4 27.7 % Transaction Volume (China's Mainland) 38.0 47.2 24.2 % 133.6 171.1 28.1 % Transaction Volume (International)2 0.97 1.37 41.2 % 3.7 4.3 16.2 % Total Outstanding Loan Balance (RMB in billion) 50.3 64.6 28.4 % 50.3 64.6 28.4 % Outstanding Loan Balance (China'sMainland)3   50.0 63.8 27.6 % 50.0 63.8 27.6 % Outstanding Loan Balance (International)4 0.30 0.80 166.7 % 0.30 0.80 166.7 % Fourth Quarter 2022 Operational Highlights Total cumulative registered users5 reached 159.4 million as of December 31, 2022, an increase of 13.6% compared to the same period of 2021.

FinVolution Group Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results and Announces Management Changes

FINV is growing and sports excellent valuation metrics. However, because it operates in the banking sector, and that sector is currently in turmoil, I'm waiting patiently for an entry point.

Why I'm Adding FinVolution Group To My Longterm Value Watchlist

-Earnings Call Scheduled for 8:30 p .m. ET on March 14, 2023- SHANGHAI , March 1, 2023 /PRNewswire/ – FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its fourth quarter and fiscal year 2022 unaudited financial results, on Tuesday, March 14, 2023, after the close of U.S. markets.

FinVolution Group to Report Fourth Quarter and Fiscal Year 2022 Financial Results on Tuesday, March 14, 2023

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Sarah Ketterer's Causeway Adds to Alibaba, Buys FinVolution

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Years after the devastating coronavirus pandemic capsized global economies, China finally made the decision to reopen its economy, thus presenting possible opportunities in cheap Chinese stocks to buy. For the longest time, Beijing imposed a strict zero-Covid policy, which arguably helped control the spread of SARS-CoV-2.

7 Cheap Chinese Stocks to Buy Before the Rebound

SHANGHAI , Jan. 12, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that its Indonesian subsidiary, AdaKami, signed a strategic cooperation agreement with PT Bank Permata Tbk ("PermataBank") (Indonesia Stock Exchange Code: BNLI). PermataBank is among Indonesia's top 10 banking institutions in terms of assets and a leading digital bank with innovative products and services, serving millions of customers in 62 cities across the country.

FinVolution Group's AdaKami Announces Strategic Cooperation with Indonesia's PermataBank

Assuming geo-political turbulences, any attempt of building a Chinese-oriented portfolio has to factor in the volatility and can lend to market timing. Chinese consumer finance FinVolution is a boring business but flying under the radar often means outsized returns for investors.

Things To Know About FinVolution Before It Breaks Out (Technical Analysis)

With the majority of its business in China, rolling COVID-19 lockdowns could cause uneven results in any one quarter. FinVolution Group's transition to higher quality borrowers is starting to pay off.

FinVolution Group: Looks Like Momentum Is In Its Favor

SHANGHAI , Dec. 6, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it has received a "low risk" Environmental, Social and Governance (ESG) rating from Sustainalytics for the second consecutive year, placing the Company's ESG performance among the top 15% of its industry peer group. Sustainalytics' ESG Risk Ratings measure the degree to which a company's economic value is at risk driven by ESG factors or, in other words, the magnitude of a company's unmanaged ESG risks.

FinVolution maintains status of Low-Risk Rating from Sustainalytics

FinVolution Group (NYSE:FINV ) Q3 2022 Earnings Conference Call November 14, 2022 7:30 PM ET Company Participants Jimmy Tan - Head, IR Feng Zhang - CEO Jiayuan Xu - CFO Conference Call Participants Yada Li - CICC Alex Ye - UBS Frank Zheng - Crédit Suisse Thomas Chong - Jefferies Operator Hello, ladies and gentlemen. Thank you for participating in the third quarter 2022 Earnings Conference Call for FinVolution Group.

FinVolution Group (FINV) Q3 2022 Earnings Call Transcript

-International business revenue contribution reached 11.8% of total revenue for the third quarter of 2022- SHANGHAI , Nov. 14, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the third quarter ended September 30, 2022. For the Three Months Ended / As of YoY Change September 30, 2021 September 30, 2022 Total Transaction Volume (RMB in billion)[1]            38.1 45.5 19.4 % Transaction Volume (China's Mainland) 37.1 44.4 19.7 % Transaction Volume (International)[2] 1.05 1.11 5.7 % Total Outstanding Loan Balance (RMB in billion) 44.9 60.3 34.3 % Outstanding Loan Balance (China's Mainland)[3]   44.5 59.6 33.9 % Outstanding Loan Balance (International)[4] 0.34 0.64 88.2 % Third Quarter 2022 Operational Highlights Continued transition towards better-quality borrowers Total cumulative registered users[5] reached 154.3 million as of September 30, 2022.

FinVolution Group Reports Third Quarter 2022 Unaudited Financial Results

-Earnings Call Scheduled for 7:30 p .m. ET on November 14, 2022- SHANGHAI , Nov. 2, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its third quarter 2022 unaudited financial results, on Monday, November 14, 2022, after the close of U.S. markets.

FinVolution Group to Report Third Quarter 2022 Financial Results on Monday, November 14, 2022

SHANGHAI , Sept. 26, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Indonesian subsidiary, AdaKami, obtained a fivefold increase in its financing facility with PT Bank Jago Tbk ("Bank Jago") (IDX: ARTO).

FinVolution Secures Increased Financing Facility for AdaKami Through Strengthened Cooperation with PT Bank Jago

Start Time: 20:30 January 1, 0000 9:28 PM ET FinVolution Group (NYSE:FINV ) Q2 2022 Earnings Conference Call August 22, 2022, 20:30 PM ET Company Participants Feng Zhang - CEO Jiayuan Xu - CFO Jimmy Tan - Head of IR Conference Call Participants Frank Zheng - Credit Suisse Yada Li - CICC Alex Ye - UBS Thomas Chong - Jefferies Operator Hello, ladies and gentlemen. Thank you for participating in the Second Quarter 2022 Earnings Conference Call for FinVolution Group.

FinVolution Group (FINV) CEO Feng Zhang on Q2 2022 Results - Earnings Call Transcript

SHANGHAI , Aug. 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that on August 21, 2022, the board of directors of the Company approved the expansion of FinVolution's existing share repurchase program from up to US$60 million to up to US$140 million and the extension for another twelve months from January 1, 2023 through December 31, 2023, which allows the Company to repurchase its own Class A ordinary shares in the form of American depositary shares ("ADSs") with an aggregate value of up to US$140 million until December 31, 2023. This share repurchase program was initially approved by the board of directors of the Company on August 24, 2020 and an extension of the term of this share repurchase program until December 31, 2022 was approved by the board of directors of the Company on November 17, 2021.

FinVolution Group Expands Share Repurchase Program to US$140 million

-Ninth consecutive quarters of transaction volume growth--Total Transaction Volume in Q2 2022 reached new record high of RMB41.5 billion- SHANGHAI , Aug. 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the second quarter ended June 30, 2022. For the Three Months Ended / As of YoY Change June 30, 2021 June 30, 2022 Total Transaction Volume (RMB in billion)1            33.4 41.5 24.3 % Transaction Volume (China's Mainland) 32.5 40.6 24.9 % Transaction Volume (International)2 0.94 0.91 -3.2 % Total Outstanding Loan Balance (RMB in billion) 39.2 56.4 43.9 % Outstanding Loan Balance (China's Mainland)3   38.9 55.9 43.7 % Outstanding Loan Balance (International)4 0.30 0.48 60.0 % Second Quarter 2022 Operational Highlights Continued transition towards better-quality borrowers Total cumulative registered users5 reached 149.3 million as of June 30, 2022.

FinVolution Group Reports Second Quarter 2022 Unaudited Financial Results

-Earnings Call Scheduled for 8:30 p .m. ET on August 22, 2022- SHANGHAI , Aug. 9, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its second quarter 2022 unaudited financial results, on Monday, August 22, 2022, after the close of U.S. markets.

FinVolution Group to Report Second Quarter 2022 Financial Results on Monday, August 22,2022

SHANGHAI , July 28, 2022 /PRNewswire/ – FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced it has released its 2021 Environmental, Social, and Governance (ESG) report, the Company's fourth consecutive annual ESG report. It highlights FinVolution's ESG policies and accomplishments in 2021 as well as ongoing endeavors, underscoring its commitment to achieving sustainability and ESG goals.

FinVolution Group Publishes its Fourth Annual ESG Report

China is experiencing a very different monetary cycle compared to the rest of the world, regulatory onslaught that is subsiding and ADR valuations on the floor. FinVolution's shares are dirt cheap while the company is in excellent financial health, despite some macro headwinds that have slowed growth.

FinVolution Group Shares Should Have Bottomed

SHANGHAI , June 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that it has become a member of the United Nations Global Compact (UNGC). FinVolution's public commitment to the UNGC's corporate responsibility initiatives as well as its Ten Principles in the areas of human rights, labor, environment and anti-corruption clearly demonstrates the Company's values and long-standing dedication to fulfilling its social responsibilities.

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