Jiayin Group Stock Price, News & Analysis

Jiayin Group Inc. (NASDAQ: JFIN), a leading fintech platform in China, will announce its Q1 2022 financial results on June 8, 2022, before U.S. markets open. A conference call is scheduled for the same day at 8:00 AM ET. Investors can participate through an online registration link. A replay will be available until June 16, 2022, using conference ID 3247939. Jiayin focuses on connecting individual borrowers with financial institutions through a secure platform and advanced risk assessment models. For more information, visit their investor relations website.

Jiayin Group Inc. (NASDAQ: JFIN) announced the reappointment of Mr. Chunlin Fan as Chief Financial Officer, effective May 5, 2022. Mr. Fan previously held this role from January 2016 to January 2021. Ms. Bei Bai and Ms. Jin Chen, who served as Co-CFOs since January 2021, will transition to senior roles within the company. Jiayin Group is a leading fintech platform in China, focused on connecting underserved borrowers with financial institutions through advanced risk management systems and big data analytics.

Jiayin Group Inc. (NASDAQ: JFIN) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 29, 2022. The report includes audited consolidated financial statements and is accessible via the company's investor relations website and the SEC's site. Jiayin Group, a leading fintech platform in China, focuses on connecting underserved borrowers with financial institutions using advanced risk assessment models and big data analytics.

Jiayin Group reported a significant increase in its financial performance for Q4 and FY 2021. Total loan origination volume surged by 75.3% to RMB5.4 billion, while net income rose 51.0% to RMB122.5 million in Q4. For the full year, revenue grew 36.9% to RMB1.8 billion, with net income up 87.0% to RMB467.8 million. The firm maintained strong partnerships with financial institutions and focused on risk management and market expansion, aiming for continued growth in 2022.

Jiayin Group Inc. (NASDAQ: JFIN) will report its financial results for Q4 and the full year 2021 on March 31, 2022, before the U.S. market opens. A conference call will take place at 8:00 AM U.S. Eastern Time on the same day. Investors can register online to participate in the call and access a replay until April 7, 2022. Jiayin operates a fintech platform in China, connecting individual borrowers and financial institutions through a secure platform utilizing advanced data analytics for risk assessment.

Jiayin Group Inc. (NASDAQ: JFIN) announced its decision to sell a 95% equity interest in Shanghai Bweenet Network Technology Co., Ltd. to Shenzhen Rongxinbao Non-Financial Guarantee Co., Ltd. for RMB93.3 million. The share acquisition framework agreement, executed on December 29, 2021, requires satisfactory due diligence before closing. Following the transaction, Jiayin Finance will no longer own any stake in Shanghai Bweenet. Jiayin Group, a leading fintech platform in China, focuses on connecting underserved borrowers with financial institutions through an advanced risk management system.

Jiayin Group reported impressive financial performance for Q3 2021, with total loan origination reaching RMB6,668 million (US$1,034.9 million), a remarkable 100.2% increase from Q3 2020. Net income surged 41.2% to RMB124.8 million (US$19.4 million), while net revenue rose 43.8% to RMB577.1 million (US$89.6 million). Revenue from loan facilitation services grew 84.7% due to increased loan origination. Although operating income slightly increased, marketing expenses spiked 138.1%, reflecting aggressive customer acquisition strategies.

Jiayin Group Inc. (NASDAQ: JFIN) will announce its third quarter 2021 financial results on November 24, 2021, before U.S. market opens. A conference call will take place at 8:00 AM U.S. Eastern Time the same day. Participants can register for the call using the link provided in the press release. The company, a leading fintech platform in China, specializes in connecting individual borrowers with financial institutions while employing advanced analytics and risk assessment methodologies.

Jiayin Group Inc. (NASDAQ: JFIN) reported a remarkable second quarter for 2021, with total loan origination volume increasing by 153.0% to RMB5,663 million (US$877.1 million). Net income surged 208.5% to RMB126.8 million (US$19.6 million), significantly higher than the RMB41.1 million reported in 2020. Net revenue also saw a substantial rise of 100.9% to RMB492.2 million (US$76.2 million). The growth in revenue is attributed to increased loan origination from funding partners, while the company aims to expand partnerships and enhance risk management.