Welcome to our dedicated page for Jiayin Group news (Ticker: JFIN), a resource for investors and traders seeking the latest updates and insights on Jiayin Group stock.
Jiayin Group Inc. (NASDAQ: JFIN) is a fintech platform in China that focuses on facilitating connections between underserved individual borrowers and financial institutions. Its news flow centers on operating performance, technology development and capital management decisions related to its loan facilitation platform.
Investors following Jiayin’s news can expect regular quarterly unaudited financial results, where the company reports loan facilitation volume in Mainland China, repeat borrower contribution, 90 day+ delinquency ratios, net revenue, income from operations, net income and non-GAAP income from operation. Management commentary in these releases often discusses risk management, AI-driven tools, operational efficiency and the macroeconomic and regulatory environment affecting online individual finance in China.
Jiayin’s news also includes corporate actions such as cash dividend announcements, record and payment date updates, and share repurchase plan authorizations or adjustments approved by its board of directors. These items provide insight into how the company allocates capital and returns cash to shareholders. In addition, Jiayin discloses loan facility arrangements entered into by its subsidiaries, including the size of facilities, maturity, collateral and guarantee structure, and intended use of proceeds as general working capital.
Another recurring category of news is investor relations events, including notices of upcoming earnings conference calls and webcasts, along with references to the company’s Form 20-F annual report filing with the U.S. Securities and Exchange Commission. For a fuller picture of JFIN, readers can use this page as a hub for operational updates, financial disclosures and board-level decisions that shape Jiayin’s fintech business.
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.
Jiayin Group Inc. (NASDAQ: JFIN) announced it will release its second quarter 2021 financial results on August 25, 2021, before U.S. markets open. A conference call is scheduled for the same day at 8:00 AM U.S. Eastern Time. Interested parties can register online, and a replay will be available until September 2, 2021. The company is a leading fintech platform in China, connecting individual borrowers with financial institutions through advanced risk assessment methods.
Jiayin Group Inc. (NASDAQ: JFIN), a leading fintech platform in China, has filed a prospectus supplement with the SEC for an at-the-market (ATM) offering of up to $30 million in Class A ordinary shares. The proceeds will be used to enhance its business operations in China and overseas, focusing on technology improvements, including big data analytics and risk management. The offering is managed by Roth Capital Partners, and sales will occur at varying market prices. The Company is not obligated to sell any shares under this program.
Jiayin Group reported a strong performance for Q1 2021, with total loan origination volume increasing by 44.1% to RMB4,172 million (US$636.8 million). Net income surged 137.2% to RMB93.7 million (US$14.3 million), alongside net revenue growth of 9.4% to RMB343.1 million (US$52.4 million). Despite a decline in average borrowing amount per borrower by 20.6%, and a drop in the repeat borrowing rate from 85.4% to 74.2%, the company remains optimistic about future growth driven by technological innovation and expanding market needs.
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