FinVolution Group Balance Sheet Health
Financial Health criteria checks 6/6
FinVolution Group has a total shareholder equity of CN¥14.9B and total debt of CN¥6.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥22.8B and CN¥7.9B respectively. FinVolution Group's EBIT is CN¥7.1B making its interest coverage ratio 133.6. It has cash and short-term investments of CN¥9.0B.
Key information
0.04%
Debt to equity ratio
CN¥6.00m
Debt
| Interest coverage ratio | 133.6x |
| Cash | CN¥8.97b |
| Equity | CN¥14.89b |
| Total liabilities | CN¥7.89b |
| Total assets | CN¥22.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PP3's short term assets (CN¥18.4B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: PP3's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: PP3 has more cash than its total debt.
Reducing Debt: PP3's debt to equity ratio has reduced from 0.3% to 0.04% over the past 5 years.
Debt Coverage: PP3's debt is well covered by operating cash flow (46604.1%).
Interest Coverage: PP3's interest payments on its debt are well covered by EBIT (133.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 23:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FinVolution Group is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Munyoung Cha | BNP Paribas Securities (Asia) |
| Yada Li | China International Capital Corporation Limited |
| Yun-Yin Wang | China Renaissance Securities |