Jiayin Group Financials

JFIN

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

Financial Health Signals

Financial Profile 76/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

100

Jiayin Group has an operating margin of 21.5%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 24.4% the prior year.

Growth

Jiayin Group's revenue grew a modest 3.2% year-over-year to $794.7M. This slow but positive growth earns a score of 38/100.

Leverage

Jiayin Group carries a low D/E ratio of 0.73, meaning only $0.73 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 84/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Jiayin Group has a free cash flow margin of 11.8%, earning a moderate score of 59/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

100

Jiayin Group earns a strong 33.8% return on equity (ROE), meaning it generates $34 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 54.5% the prior year.

Piotroski F-Score Neutral

4/9

Jiayin Group passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.35x

For every $1 of reported earnings, Jiayin Group generates $1.35 in operating cash flow ($195.3M OCF vs $144.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

This page shows Jiayin Group (JFIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$794.7M

YoY+3.2%

5Y CAGR+19.9%

Jiayin Group generated $794.7M in revenue in fiscal year 2024. This represents an increase of 3.2% from the prior year.

EBITDA

$173.4M

YoY-8.2%

5Y CAGR+16.9%

Jiayin Group's EBITDA was $173.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.2% from the prior year.

Free Cash Flow

$94.0M

YoY+86.5%

Jiayin Group generated $94.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 86.5% from the prior year.

Net Income

$144.7M

YoY-20.8%

5Y CAGR+13.8%

Jiayin Group reported $144.7M in net income in fiscal year 2024. This represents a decrease of 20.8% from the prior year.

EPS (Diluted)

$0.68

YoY-20.0%

5Y CAGR+13.6%

Jiayin Group earned $0.68 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 20.0% from the prior year.

Cash & Debt

$74.1M

YoY+42.0%

5Y CAGR+33.4%

Jiayin Group held $74.1M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

21.5%

YoY-2.9pp

5Y CAGR-2.5pp

Jiayin Group's operating margin was 21.5% in fiscal year 2024, reflecting core business profitability. This is down 2.9 percentage points from the prior year.

Net Margin

18.2%

YoY-5.5pp

5Y CAGR-5.4pp

Jiayin Group's net profit margin was 18.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.5 percentage points from the prior year.

Return on Equity

33.8%

YoY-20.7pp

Jiayin Group's ROE was 33.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 20.7 percentage points from the prior year.

R&D Spending

$51.0M

YoY+22.3%

5Y CAGR+12.0%

Jiayin Group invested $51.0M in research and development in fiscal year 2024. This represents an increase of 22.3% from the prior year.

Share Buybacks

$7.3M

YoY+36.0%

Jiayin Group spent $7.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 36.0% from the prior year.

Capital Expenditures

$101.3M

YoY+2179.1%

5Y CAGR+91.2%

Jiayin Group invested $101.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 2179.1% from the prior year.

JFIN Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$794.7M+3.2%	$770.0M+62.3%	$474.3M+69.8%	$279.4M+40.2%	$199.3M-37.8%	$320.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$51.0M+22.3%	$41.7M+32.8%	$31.4M+39.3%	$22.6M-2.9%	$23.2M-19.7%	$28.9M
SG&A Expenses	$30.3M0.0%	$30.3M+7.6%	$28.1M+8.6%	$25.9M+9.1%	$23.7M-28.2%	$33.1M
Operating Income	$171.0M-8.9%	$187.7M+9.5%	$171.4M+152.8%	$67.8M+46.4%	$46.3M-39.7%	$76.8M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$32.7M-6.2%	$34.9M+54.8%	$22.5M+14.2%	$19.7M+18.3%	$16.7M+213.8%	$5.3M
Net Income	$144.7M-20.8%	$182.8M+6.9%	$171.0M+130.9%	$74.1M+91.1%	$38.8M-48.9%	$75.8M
EPS (Diluted)	$0.68-20.0%	$0.85+7.6%	$0.79+132.4%	$0.34+88.9%	$0.18-50.0%	$0.36

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

JFIN Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$741.2M-6.8%	$795.0M+81.5%	$438.0M+187.3%	$152.4M+89.3%	$80.5M-20.0%	$100.7M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$74.1M+42.0%	$52.1M+23.6%	$42.2M+47.3%	$28.6M+59.3%	$18.0M+2.5%	$17.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	$20.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$312.7M-32.0%	$459.8M+78.2%	$258.0M+73.8%	$148.4M-2.1%	$151.6M-26.8%	$207.2M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$428.7M+27.8%	$335.5M+86.2%	$180.2M+4021.4%	$4.4M+106.2%	-$70.7M+33.6%	-$106.6M
Retained Earnings	$307.1M+42.9%	$214.9M+285.1%	$55.8M+144.7%	-$124.7M+35.8%	-$194.2M+11.1%	-$218.3M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19
Total Assets	$741.2M-6.8%	$795.0M+81.5%	$438.0M+187.3%	$152.4M+89.3%	$80.5M-20.0%	$100.7M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$74.1M+42.0%	$52.1M+23.6%	$42.2M+47.3%	$28.6M+59.3%	$18.0M+2.5%	$17.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	$20.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$312.7M-32.0%	$459.8M+78.2%	$258.0M+73.8%	$148.4M-2.1%	$151.6M-26.8%	$207.2M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$428.7M+27.8%	$335.5M+86.2%	$180.2M+4021.4%	$4.4M+106.2%	-$70.7M+33.6%	-$106.6M
Retained Earnings	$307.1M+42.9%	$214.9M+285.1%	$55.8M+144.7%	-$124.7M+35.8%	-$194.2M+11.1%	-$218.3M

JFIN Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$195.3M+255.9%	$54.9M+183.3%	$19.4M-33.1%	$29.0M+632.4%	-$5.4M-244.0%	$3.8M
Capital Expenditures	$101.3M+2179.1%	$4.4M+75.4%	$2.5M+483.6%	$434K+233.8%	$130K-96.7%	$4.0M
Free Cash Flow	$94.0M+86.5%	$50.4M+199.6%	$16.8M-41.0%	$28.5M+612.2%	-$5.6M-2846.6%	-$189K
Investing Cash Flow	-$107.3M-620.0%	-$14.9M-348.0%	-$3.3M+83.2%	-$19.8M-489.0%	$5.1M+115.1%	-$33.6M
Financing Cash Flow	-$45.6M-67.2%	-$27.3M-1395.7%	-$1.8M-216.8%	$1.6M-3.9%	$1.6M-95.4%	$35.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$7.3M+36.0%	$5.4M+150.8%	$2.1M	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

JFIN Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	21.5%-2.9pp	24.4%-11.8pp	36.1%+11.9pp	24.3%+1.0pp	23.2%-0.7pp	24.0%
Net Margin	18.2%-5.5pp	23.7%-12.3pp	36.1%+9.5pp	26.5%+7.1pp	19.4%-4.2pp	23.7%
Return on Equity	33.8%-20.7pp	54.5%-40.4pp	94.9%-1599.2pp	1694.0%	N/A	N/A
Return on Assets	19.5%-3.5pp	23.0%-16.1pp	39.1%-9.5pp	48.6%+0.5pp	48.1%-27.1pp	75.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.73-0.6	1.37-0.1	1.43-32.5	33.94+36.1	-2.14-0.2	-1.94
FCF Margin	11.8%+5.3pp	6.6%+3.0pp	3.5%-6.7pp	10.2%+13.0pp	-2.8%-2.7pp	-0.1%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.73-0.6	1.37-0.1	1.43-32.5	33.94+36.1	-2.14-0.2	-1.94
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Jiayin Group's annual revenue?

Jiayin Group (JFIN) reported $794.7M in total revenue for fiscal year 2024. This represents a 3.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Jiayin Group's revenue growing?

Jiayin Group (JFIN) revenue grew by 3.2% year-over-year, from $770.0M to $794.7M in fiscal year 2024.

Is Jiayin Group profitable?

Yes, Jiayin Group (JFIN) reported a net income of $144.7M in fiscal year 2024, with a net profit margin of 18.2%.

What is Jiayin Group's earnings per share (EPS)?

Jiayin Group (JFIN) reported diluted earnings per share of $0.68 for fiscal year 2024. This represents a -20.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Jiayin Group's EBITDA?

Jiayin Group (JFIN) had EBITDA of $173.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Jiayin Group's operating margin?

Jiayin Group (JFIN) had an operating margin of 21.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Jiayin Group's net profit margin?

Jiayin Group (JFIN) had a net profit margin of 18.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Jiayin Group's return on equity (ROE)?

Jiayin Group (JFIN) has a return on equity of 33.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Jiayin Group's free cash flow?

Jiayin Group (JFIN) generated $94.0M in free cash flow during fiscal year 2024. This represents a 86.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Jiayin Group's operating cash flow?

Jiayin Group (JFIN) generated $195.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Jiayin Group's total assets?

Jiayin Group (JFIN) had $741.2M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Jiayin Group's capital expenditures?

Jiayin Group (JFIN) invested $101.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Jiayin Group spend on research and development?

Jiayin Group (JFIN) invested $51.0M in research and development during fiscal year 2024.

Does Jiayin Group buy back shares?

Yes, Jiayin Group (JFIN) spent $7.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Jiayin Group's debt-to-equity ratio?

Jiayin Group (JFIN) had a debt-to-equity ratio of 0.73 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Jiayin Group's return on assets (ROA)?

Jiayin Group (JFIN) had a return on assets of 19.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Jiayin Group's Piotroski F-Score?

Jiayin Group (JFIN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Jiayin Group's earnings high quality?

Jiayin Group (JFIN) has an earnings quality ratio of 1.35x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Jiayin Group?

Jiayin Group (JFIN) scores 76 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.