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Jiayin Group Inc - JFIN STOCK NEWS

Welcome to our dedicated news page for Jiayin Group (Ticker: JFIN), a resource for investors and traders seeking the latest updates and insights on Jiayin Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jiayin Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jiayin Group's position in the market.

Rhea-AI Summary
Jiayin Group Inc. (JFIN) reported a 67.1% revenue growth to RMB5,467 million for 2023, with net income increasing by 9.9% to RMB1,298 million. Despite a decrease in net income in Q4 2023, the company's loan facilitation volume and revenue showed positive trends. The company aims to enhance shareholder value through dividend distributions and share repurchase plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.51%
Tags
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Rhea-AI Summary
Jiayin Group Inc. (NASDAQ: JFIN) will release unaudited financial results for Q4 and full year 2023 on March 28, 2024. A conference call will be held the same day to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
Tags
-
Rhea-AI Summary
Jiayin Group Inc. (NASDAQ: JFIN) approves cash dividend of US$0.10 per ordinary share or US$0.40 per ADS, with an expected distribution of approximately US$21.2 million to shareholders and ADS holders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.39%
Tags
dividends
Rhea-AI Summary
Jiayin Group Inc. (JFIN) appoints Deloitte as independent registered public accounting firm, dismissing Marcum Asia CPAs. No disagreements or reportable events with MA. Deloitte not consulted on accounting principles or matters of disagreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.26%
Tags
none
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Rhea-AI Summary
Jiayin Group Inc. (JFIN) reported a 62.4% increase in total loan origination volume, reaching RMB24.2 billion, with net revenue growing by 64.0% to RMB1,466.3 million in the third quarter of 2023. Net income also saw a 30.6% increase to RMB323.9 million. The company's repeat borrowing rate increased to 71.5%, indicating strong customer retention. However, the company also saw an increase in operating expenses, sales and marketing expenses, and allowance for uncollectible receivables. Cash and cash equivalents decreased to RMB180.3 million as of September 30, 2023, from RMB288.9 million as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.12%
Tags
-
Rhea-AI Summary
Jiayin Group Inc. (NASDAQ: JFIN) to release unaudited financial results for Q3 2023 on November 22, 2023. Conference call to discuss the results scheduled for 8:00 AM U.S. Eastern Time. Webcast available on http://ir.jiayin-fintech.com/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
Rhea-AI Summary
Jiayin Group Inc. reports strong Q2 2023 financial results with significant increases in loan origination volume, net revenue, and net income. Loan origination volume grew 77.8% to RMB24.0 billion, net revenue increased 57.4% to RMB1,277.8 million, and net income grew 28.6% to RMB326.3 million. The company's loan facilitation volume outlook for the full year of 2023 has been raised to RMB85 billion. Delinquency rates have consistently maintained stability. The company also released its 2022 ESG report, highlighting its ongoing efforts in corporate sustainability and ethical business practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
-
Rhea-AI Summary
Jiayin Group Inc. (NASDAQ: JFIN) to release unaudited financial results for Q2 2023 on August 21, 2023, followed by an earnings conference call. Register for the webcast and join the call to discuss the financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
-
Rhea-AI Summary
Jiayin Group Inc. has published its 2022 Environmental, Social, and Governance (ESG) report, highlighting its commitment to sustainability and ethical practices. The report is prepared in accordance with the Global Reporting Initiative’s Sustainability Reporting Standards and Nasdaq’s ESG Reporting Guide 2.0.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.33%
Tags
dividends
Jiayin Group Inc

Nasdaq:JFIN

JFIN Rankings

JFIN Stock Data

346.81M
75.81M
1.51%
0.87%
0.06%
Credit Card Issuing
Finance and Insurance
Link
China
Shanghai