Welcome to our dedicated page for X Financial SEC filings (Ticker: XYF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The X Financial (NYSE: XYF) SEC filings page aggregates the company’s regulatory disclosures as a foreign private issuer. X Financial files an annual report on Form 20-F with the U.S. Securities and Exchange Commission, which includes audited consolidated financial statements and detailed discussion of its operations as a leading online personal finance company and Chinese fintech platform. The company has stated that shareholders may request hard copies of this annual report.
Between annual reports, X Financial submits Form 6-K current reports. These filings frequently furnish unaudited quarterly financial results, such as second and third quarter earnings, along with operational metrics including total loan amount facilitated and originated, total outstanding loan balance, number of active borrowers, and delinquency rates for loans in various past-due buckets. Certain 6-K filings also cover corporate events, such as the scheduling of the annual general meeting of shareholders or the appointment of senior management.
Within its financial disclosures, X Financial provides breakdowns of net revenues into categories such as loan facilitation service, post-origination service, financing income, guarantee income, and other revenue. The company also discusses non-GAAP financial measures, including adjusted net income and adjusted net income per ADS, and reconciles these to the most directly comparable GAAP measures. Its balance sheet and income statement presentations include items like loans receivable, deposits to institutional cooperators, contingent guarantee liabilities, deferred guarantee income, and provisions related to credit risk.
On Stock Titan, these SEC filings are updated as new 20-F and 6-K documents are released through EDGAR. AI-powered tools can help readers quickly interpret key elements of X Financial’s filings, such as revenue composition, loan facilitation trends, delinquency metrics, and the impact of guarantee and risk-related provisions, without having to manually parse every line of the original documents.
X Financial reported sharply weaker fourth-quarter 2025 results as credit quality deteriorated and regulation tightened, though full-year earnings remained solid. Q4 income from operations fell to RMB20.2 million from RMB525.2 million a year earlier, and net income dropped 85.2% to RMB57.2 million as loan facilitation revenue declined and credit-related provisions surged. Total net revenue fell 14.1% year-over-year, while operating margin compressed to 1.4% and net profit margin to 3.9%. Asset quality worsened, with 31–60 day delinquency rising to 2.90% and 91–180 day delinquency to 6.31%. For 2025, net income was RMB1,464.6 million and non-GAAP adjusted net income was RMB1,559.5 million, both roughly flat versus 2024. Despite the tougher environment, the company maintained strong liquidity, with approximately RMB2.13 billion in cash and restricted cash and shareholders’ equity of RMB7,836.8 million. The board approved a semi-annual dividend of US$0.28 per ADS and continued a US$100 million repurchase program, of which about US$53.85 million has been used. Management highlighted significant regulatory uncertainty, including borrowing cost caps and whitelist rules, and warned that future profitability could be materially weaker than in prior years, with the possibility of losses.
X Financial director ZHANG LONGGEN reported his initial ownership in the company. As of the reporting date, he holds 409,998 Class A ordinary shares, including shares represented by ADS. He also holds two restricted stock unit awards covering 90,000 underlying Class A shares each, with exercise prices of 0.0000 per share and exercise dates in 2026 and 2027, both expiring in 2034. These entries reflect holdings rather than new market transactions.
X Financial director Cheng Shaoyong filed an initial statement of beneficial ownership showing holdings of restricted stock units. The filing reports 60,000 RSUs that can convert into Class A ordinary shares, including shares represented by ADS. These RSUs have a zero exercise price, become exercisable on December 1, 2026, and expire on December 1, 2033. All 60,000 underlying shares are held as a direct position and represent equity-based compensation rather than an open-market trade.
X Financial executive Noah Nathanial Kauffman, the company’s CFSO, filed an initial ownership report detailing his equity interests. The filing lists several restricted stock unit awards tied to Class A ordinary shares, including shares represented by ADS, each with an exercise price of $0.0000 and exercise dates on February 28, 2027, February 28, 2028, and February 28, 2029, all expiring on February 28, 2035. One line also reports direct holdings of Class A ordinary shares with total shares following the report entry of 150,000.
X Financial director and president Li Kan filed an initial statement of holdings in the company. The filing lists direct ownership of 2,256,420 Class A ordinary shares, including shares represented by ADS as of March 18, 2026. It also records two RSU positions, each tied to 2,250,000 underlying Class A ordinary shares, with a stated exercise price of $0.0000 and expiration on January 10, 2034. These entries describe existing equity interests and do not show any new open‑market purchases or sales.
X Financial director and CEO Tang Yue (Justin) filed a Form 3 that lists his existing equity interests in the company. The filing shows direct holdings of Class A ordinary shares, including shares represented by ADS, and restricted stock units tied to Class A shares with a zero exercise price.
The document also details substantial indirect positions. One block includes 1,165,278 Class A ordinary shares in the form of 194,213 ADSs and 97,600,000 Class B ordinary shares held by Mangrove Coast Investment Limited, which is controlled by Mangrove Coast Trust where Yue Tang is the settlor and he and his family are beneficiaries. Another block comprises 4,068,241 Class A ordinary shares held by Purple Mountain Holding Ltd., an entity ultimately controlled by Yue Tang, who holds voting and dispositive power over those shares.
Nexus Special Situations Fund SPC and Fung Yu Wai David report beneficial ownership of 7,550,004 Class A ordinary shares of X Financial, equal to 5.5% of the class as of December 31, 2025. This is based on 136,823,629 Class A shares outstanding as of September 30, 2025.
The shares are held through 1,258,334 American Depositary Shares, with each ADS representing six ordinary shares. Both reporting persons have shared voting and disposition power over all 7,550,004 shares and no sole voting or dispositive power.
X Financial submitted a Form 6-K as a foreign private issuer, furnishing its unaudited financial results for the third quarter of 2025 as Exhibit 99.1. The report is signed by Chairman and Chief Executive Officer Yue (Justin) Tang.
X Financial (NYSE: XYF) announced that it will hold its Annual Shareholders Meeting on December 18, 2025. The meeting is scheduled to begin at 10:00 a.m. local time and will take place at the company’s offices at 7/F – 8/F, Block A, Aerospace Science and Technology Plaza, No. 168 Haide Third Avenue, Nanshan District, Shenzhen, China, 518067. The company has provided a press release and a formal notice of the 2025 annual general meeting as exhibits to give shareholders more detailed information about the meeting.
X Financial (NYSE: XYF) filed a Form 144 notice for a proposed sale under Rule 144 of 10,000 ADS, with an aggregate market value of $118,300. The filing lists Tiger Brokers (NZ) Limited as broker and the NYSE as the exchange, with an approximate sale date of 12/01/2025.
The securities were acquired as RSUs (Director RSU) on 12/01/2025 in the amount of 10,000 ADS from X Financial. Shares outstanding were 42,209,393. A Form 144 is a notice of proposed sale by an affiliate or holder under SEC Rule 144 and does not by itself execute a sale.