Stock Analysis
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- NYSE:FINV
FinVolution Group Full Year 2022 Earnings: EPS Misses Expectations
FinVolution Group (NYSE:FINV) Full Year 2022 Results
Key Financial Results
- Revenue: CN¥11.1b (up 17% from FY 2021).
- Net income: CN¥2.27b (down 9.7% from FY 2021).
- Profit margin: 20% (down from 26% in FY 2021). The decrease in margin was driven by higher expenses.
- EPS: CN¥8.02 (down from CN¥8.83 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
FinVolution Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Finance industry in the US.
Performance of the American Consumer Finance industry.
The company's shares are down 18% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for FinVolution Group (1 is significant!) that you should be aware of.
What are the risks and opportunities for FinVolution Group?
FinVolution Group operates a fintech platform that connects underserved individual borrowers with financial institutions in the People’s Republic of China.
Rewards
Trading at 81.7% below our estimate of its fair value
Earnings are forecast to grow 13.14% per year
Risks
High level of non-cash earnings
Further research on
FinVolution Group
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:FINV
FinVolution Group
FinVolution Group operates a fintech platform that connects underserved individual borrowers with financial institutions in the People’s Republic of China.
Very undervalued with flawless balance sheet.
