Welcome to our dedicated page for X Financial news (Ticker: XYF), a resource for investors and traders seeking the latest updates and insights on X Financial stock.
X Financial (XYF) operates at the intersection of technology and personal finance, providing innovative lending solutions through its digital marketplace. This news hub offers investors and industry observers centralized access to official updates and financial developments from China's dynamic fintech sector.
Track XYF's strategic initiatives through earnings reports, partnership announcements, and regulatory filings. Our curated collection features press releases on product launches, risk management enhancements, and market expansion efforts – all essential for understanding the company's position in China's competitive financial landscape.
Key updates include quarterly performance disclosures, leadership changes, and technological advancements in credit assessment systems. The platform serves both institutional analysts and individual investors seeking to monitor XYF's growth in online lending and wealth management services.
Bookmark this page for real-time updates on X Financial's operational milestones and industry developments. For comprehensive coverage of XYF's role in China's evolving financial ecosystem, maintain regular visits to stay informed through verified sources.
X Financial (NYSE: XYF) announced updates regarding its status under the Holding Foreign Companies Accountable Act (HFCAA) following its identification by the SEC on May 4, 2022. This identification indicates that the company's registered public accounting firm’s working papers cannot be inspected by the PCAOB. If this situation continues for three consecutive years, trading in its shares may be prohibited in the U.S. X Financial is actively seeking solutions to uphold its listing status and comply with applicable laws in the U.S. and China.
X Financial (NYSE: XYF) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC on April 28, 2022. The comprehensive report, featuring audited consolidated financial statements, is accessible via the Company's investor relations website and the SEC’s site. Shareholders can request a hard copy of the report at no charge. X Financial continues to connect borrowers with institutional funding partners through its advanced technology, offering loans to prime borrowers while managing risks effectively.
X Financial (NYSE: XYF) reported strong financial results for Q4 and FY 2021. In Q4, total net revenue rose 15% to RMB823.4 million (US$129.2 million), with net income reaching RMB145.5 million (US$22.8 million), a significant turnaround from a net loss of RMB655.5 million in Q4 2020. For the full year, net income surged to RMB825.4 million (US$129.5 million) from a net loss of RMB1,308.5 million in 2020. The company also approved a US$15 million share repurchase plan, reinforcing its commitment to shareholder value amid anticipated regulatory clarity in 2022.
X Financial (NYSE: XYF), a prominent online personal finance company in China, will announce its unaudited financial results for Q4 and the fiscal year ending December 31, 2021, on March 31, 2022, before U.S. market open. An earnings conference call is scheduled for 7:00 AM ET on the same day. Investors can listen via phone or through a webcast on the company’s investor relations website. X Financial specializes in connecting borrowers with institutional funding partners using big data technology.
X Financial (NYSE: XYF) held its 2021 Annual General Meeting (AGM) on December 29, 2021, in Shenzhen, China. The meeting resulted in the approval of Mr. Kan Li as a new board director, replacing Mr. Ding Gao. X Financial operates as a leading online personal finance platform in China, connecting borrowers with institutional funding partners through proprietary technology. The company emphasizes a robust risk assessment system to facilitate loans to prime borrowers.
X Financial (NYSE: XYF) reported strong financial results for Q3 2021, with a total net revenue of RMB964.4 million (US$149.7 million), an increase of 72.3% year-over-year. The company achieved an income from operations of RMB410.6 million (US$63.7 million), reversing a loss of RMB101.4 million in Q3 2020. Net income attributable to shareholders was RMB279.9 million (US$43.4 million), compared to a net loss of RMB113.0 million in the same period last year. The loan facilitation amount reached RMB15.1 billion, up 87.9% year-over-year, driven primarily by the Xiaoying Card Loan products.
X Financial (NYSE: XYF), a leading online personal finance company in China, will hold its 2021 annual general meeting on December 29, 2021, at 10:00 a.m. local time in Shenzhen. Shareholders will vote on the appointment of Kent Li to the board, replacing Gardon Gao. The record date for determining eligible shareholders is November 12, 2021. The company filed its annual report for the fiscal year ending December 31, 2020, with the SEC on May 14, 2021, which is available on its investor relations website.
X Financial (NYSE: XYF), a leading online personal finance company in China, will announce its unaudited financial results for Q3 2021 on November 23, 2021, before U.S. market open. A conference call will occur at 7:00 AM ET on the same day, with dial-in details provided for various locations. The call will include insights into the company's financial performance and future outlook. The results will be accessible publicly via their website following the announcement.
X Financial (NYSE: XYF) reported impressive second-quarter 2021 results, showing a total net revenue of RMB932.4 million (US$144.4 million), a remarkable increase of 140.4% year-over-year. The company achieved a net income attributable to shareholders of RMB223.2 million (US$34.6 million), recovering from a loss of RMB343.7 million in the same quarter last year. Loan facilitation reached RMB12.8 billion, a 108.6% increase from the previous year. With a solid outlook for Q3, X Financial expects loan facilitation between RMB14.5 billion and RMB15.5 billion, and net income above RMB230 million.
X Financial (NYSE: XYF) is set to release its unaudited financial results for the second quarter ended June 30, 2021, before U.S. markets open on August 10, 2021. An earnings conference call will follow at 7:00 AM U.S. Eastern Time. The company specializes in online personal finance, connecting borrowers with institutional funding partners through advanced big data technology.
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