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General information

Country: CHINA

Sector: Internet Content and Information

Jiayin Group, Inc. engages in online individual finance marketplace in China connecting individual investors and individual borrowers. The company is headquartered in Shanghai, Shanghai and currently employs 831 full-time employees. The firm`s loan facilitation services mainly matches investors and borrowers through the Company`s marketplace. The post-origination service consist of services provided after loan origination. The firm also provides automated investment programs and loan transfers over the Company`s secondary loan market services.
Website: jiayinfintech.cn



Growth: Good revenue growth rate 47.1%, there is slowdown compared to average historical growth rates 67.1%. The revenue growth dynamics is moderately stable

Profitability: LTM EBITDA margin is positive, +32.4%. On average the margin is decreasing unsteadily. In the last quarter the company did not beat the estimated EPS, -48.4%. The company was ahead of estimated EPS in 75% of quarters (showing a gain of +$0.02 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 11.4%. Free cash flow yield 0.3% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 310.5% higher than minimum and 16.9% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 6.1x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: JFIN  postmarket  6.66  (+0.2%)
Share price, USD:  (+4.6%)6.65
year average price 5.65  


year start price 4.20 2023-04-29

min close price 4.20 2023-04-29

max close price 8.00 2023-06-05

current price 6.65 2024-04-27
Common stocks: 54 024 997

Dividend Yield:  11.4%
FCF Yield LTM: 0.3%
EV / LTM EBITDA: 1.3x
EV / EBITDA annualized: 1.6x
Last revenue growth (y/y):  47.1%
Last growth of EBITDA (y/y):  -22.9%
Historical revenue growth:  67.1%
Historical growth of EBITDA:  88.0%
EV / Sales: 0.4x
Margin (EBITDA LTM / Revenue): 32.4%
Fundamental value created in LTM:
Market Cap ($m): 359
Net Debt ($m): -39
EV (Enterprise Value): 320
Price to Book: 1.2x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-03-28Seeking Alpha

Jiayin Group (JFIN) Q4 2023 Earnings Call Transcript

2024-01-18Seeking Alpha

Jiayin Group: High Dividends Meet Fintech Innovation

2023-09-20Seeking Alpha

Jiayin Group Ups Loan Activity Forecast In Challenged Chinese Economy

2023-08-21Seeking Alpha

Jiayin Group Inc. (JFIN) Q2 2023 Earnings Call Transcript

2023-08-10GlobeNewsWire

Jiayin Group Inc. to Release Second Quarter 2023 Unaudited Financial Results on Monday, August 21, 2023

2023-05-22GlobeNewsWire

Jiayin Group Inc. to Release First Quarter 2023 Unaudited Financial Results on Thursday, June 8, 2023
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol JFIN JFIN JFIN JFIN JFIN JFIN
reportedCurrency CNY CNY CNY CNY CNY CNY
cik 2M 2M 2M 2M 2M 2M
fillingDate 2023-09-30 2023-06-30 2023-03-29 2022-12-31 2022-09-30 2022-06-30
acceptedDate 2023-09-29 20:00:00 2023-06-30 00:00:00 2023-03-29 06:31:13 2022-12-31 00:00:00 2022-09-29 20:00:00 2022-06-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q3 Q2 Q1 Q4 Q3 Q2
revenue 1 466M 1 278M 1 122M 1 054M 894M 812M
costOfRevenue 544M 356M 274M 195M 148M 128M
grossProfit 922M 922M 848M 859M 746M 683M
grossProfitRatio 0.629 0.722 0.756 0.815 0.834 0.842
researchAndDevelopmentExpenses 71M 68M 65M 64M 56M 54M
generalAndAdministrativeExpenses 53M 50M 46M 59M 51M 43M
sellingAndMarketingExpenses 408M 421M 381M 374M 324M 235M
sellingGeneralAndAdministrativeExpenses 461M 471M 427M 433M 375M 278M
otherExpenses 3M 3M 7M 15M 6M 7M
operatingExpenses 540M 553M 499M 513M 437M 339M
costAndExpenses 1 084M 909M 773M 708M 586M 467M
interestIncome 3M 2M 360 000 -949 000 610 000 339 000
interestExpense 0 0 -8M 943 000 610 000 339 000
depreciationAndAmortization 0 2M 0 36M 0 0
ebitda 382M 369M 349M 383M 309M 337M
ebitdaratio 0.260 0.289 0.311 0.363 0.345 0.415
operatingIncome 382M 369M 349M 346M 309M 344M
operatingIncomeRatio 0.260 0.289 0.311 0.329 0.345 0.424
totalOtherIncomeExpensesNet 3M 3M 8M 137M 14M -11M
incomeBeforeTax 387M 374M 358M 484M 323M 334M
incomeBeforeTaxRatio 0.264 0.293 0.319 0.459 0.361 0.411
incomeTaxExpense 62M 46M 78M -50M 78M 82M
netIncome 324M 326M 280M 533M 248M 254M
netIncomeRatio 0.221 0.255 0.249 0.505 0.277 0.313
eps 6.040 6.080 5.240 9.960 4.600 4.720
epsdiluted 6.040 6.080 5.240 9.960 4.600 4.720
weightedAverageShsOut 54M 54M 53M 53M 54M 54M
weightedAverageShsOutDil 54M 54M 53M 53M 54M 54M
link Link
finalLink Link

Balance Sheet Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol JFIN JFIN JFIN JFIN JFIN JFIN
reportedCurrency CNY CNY CNY CNY CNY CNY
cik 2M 2M 2M 2M 2M 2M
fillingDate 2023-09-30 2023-06-30 2023-03-29 2022-12-31 2022-09-30 2022-06-30
acceptedDate 2023-09-29 20:00:00 2023-06-30 00:00:00 2023-03-29 06:31:13 2022-12-31 00:00:00 2022-09-29 20:00:00 2022-06-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q3 Q2 Q1 Q4 Q3 Q2
cashAndCashEquivalents 180M 289M 341M 291M 217M 214M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 180M 289M 341M 291M 217M 214M
netReceivables 3 242M 2 911M 2 641M 2 045M 1 460M 1 155M
inventory 2M 2M 0 2M 0 0
otherCurrentAssets 1 420M 1 148M 0 473M 204M 74M
totalCurrentAssets 4 843M 4 350M 3 973M 2 811M 1 882M 1 443M
propertyPlantEquipmentNet 85M 38M 42M 47M 44M 34M
goodwill 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0
longTermInvestments 94M 95M 90M 90M 109M 100M
taxAssets 71M 73M 76M 71M 80M 85M
otherNonCurrentAssets 2M 1M 1M 2M 2M 1M
totalNonCurrentAssets 252M 208M 210M 210M 234M 220M
otherAssets 0 0 0 0 0 0
totalAssets 5 096M 4 557M 4 183M 3 021M 2 116M 1 664M
accountPayables 0 0 0 0 0 0
shortTermDebt 0 0 0 4M 0 0
taxPayables 820M 769M 698M 633M 700M 611M
deferredRevenue 1 113M 909M 656M 277M 0 0
otherCurrentLiabilities 1 880M 1 771M 1 950M 1 471M 1 396M 590M
totalCurrentLiabilities 2 993M 2 680M 2 607M 1 752M 1 396M 1 201M
longTermDebt 53M 11M 23M 27M 25M 27M
deferredRevenueNonCurrent 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 2M 0 27M 0 0 0
otherNonCurrentLiabilities 0 0 0 0 0 0
totalNonCurrentLiabilities 55M 11M 49M 27M 25M 27M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 53M 11M 23M 27M 25M 27M
totalLiabilities 3 048M 2 691M 2 656M 1 779M 1 421M 1 228M
preferredStock 0 0 0 0 0 0
commonStock 0 0 0 0 0 0
retainedEarnings 1 158M 991M 665M 385M -148M -396M
accumulatedOtherComprehensiveIncomeLoss 5M 3M -4M -3M 1M -9M
othertotalStockholdersEquity 886M 874M 867M 861M 844M 843M
totalStockholdersEquity 2 049M 1 868M 1 528M 1 243M 697M 438M
totalEquity 2 047M 1 866M 1 527M 1 243M 697M 438M
totalLiabilitiesAndStockholdersEquity 5 096M 4 557M 4 183M 3 021M 2 116M 1 666M
minorityInterest -2M -2M -2M -2M -2M 0
totalLiabilitiesAndTotalEquity 5 096M 4 557M 4 183M 3 021M 2 116M 1 666M
totalInvestments 94M 95M 90M 90M 109M 0
totalDebt 53M 11M 23M 27M 25M 27M
netDebt -127M -278M -318M -264M -192M -187M
link Link
finalLink Link

Cash Flow Statement

Property 2023 q3 2023 q2 2022 q4 2021 q4 2020 q3 2020 q2
date 2023-09-30 2023-06-30 2022-12-31 2021-12-31 2020-09-30 2020-06-30
symbol JFIN JFIN JFIN JFIN JFIN JFIN
reportedCurrency USD USD USD USD CNY CNY
cik 2M 2M 2M 2M 2M 2M
fillingDate 2023-09-30 2023-06-30 2023-04-28 2022-04-29 2020-09-30 2020-09-02
acceptedDate 2023-09-28 20:00:00 2023-06-28 20:00:00 2023-04-28 09:31:47 2022-04-29 17:18:27 2020-09-29 20:00:00 2020-09-02 06:02:01
calendarYear 2023.000 2023.000 2022.000 2021.000 2020.000 2020.000
period Q3 Q2 Q4 Q4 Q3 Q2
netIncome 45M 46M 891M 179M 86M 41M
depreciationAndAmortization 0 0 6M 12M 0 0
deferredIncomeTax 0 0 -22M -13M 0 0
stockBasedCompensation 0 0 -3M -31M 0 0
changeInWorkingCapital 0 0 652M 652M 0 0
accountsReceivables 0 0 -1 232M -344M 0 0
inventory 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0
otherWorkingCapital 0 0 1 884M 996M 0 0
otherNonCashItems -45M -46M -1 028M -253M -86M -41M
netCashProvidedByOperatingActivities 0 0 495M 546M 0 0
investmentsInPropertyPlantAndEquipment 0 0 -15M -124 000 0 0
acquisitionsNet 0 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites 0 0 -6M -124M 0 0
netCashUsedForInvestingActivites 0 0 -21M -124M 0 0
debtRepayment 0 0 0 0 0 0
commonStockIssued 0 0 0 0 0 0
commonStockRepurchased 0 0 0 0 0 0
dividendsPaid 0 0 0 -3M 0 0
otherFinancingActivites 0 0 -83M -58M 0 0
netCashUsedProvidedByFinancingActivities 0 0 -83M -60M 0 0
effectOfForexChangesOnCash 0 0 10M 0 0 0
netChangeInCash -15M -2M 402M 362M 0 0
cashAtEndOfPeriod 25M 40M 293M 185M 0 0
cashAtBeginningOfPeriod 40M 42M -109M -177M 0 0
operatingCashFlow 0 0 495M 546M 0 0
capitalExpenditure 0 0 -15M -124 000 0 0
freeCashFlow 0 0 480M 546M 0 0
link Link Link Link
finalLink Link Link Link

Earning call transcript

2024 q1
2024-03-28 ET (fiscal 2023 q4)
2023 q3
2023-11-22 ET (fiscal 2023 q3)
2023 q2
2023-08-21 ET (fiscal 2023 q2)
2023 q1
2023-06-08 ET (fiscal 2023 q1)
2022 q3
2022-11-23 ET (fiscal 2022 q3)
2022 q2
2022-08-18 ET (fiscal 2022 q2)
2022 q1
2022-06-08 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-03-28 11:30 ET
Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
2024-03-21 10:00 ET
Jiayin Group Inc. to Release Fourth Quarter and Full Year 2023 Unaudited Financial Results on Thursday, March 28, 2024
2024-01-08 10:00 ET
Jiayin Group Inc. Announces Cash Dividend
2023-12-20 10:30 ET
Jiayin Group Inc. Announces Change of Auditor
2023-11-22 11:00 ET
Jiayin Group Inc. Reports Third Quarter 2023 Unaudited Financial Results
2023-11-13 10:00 ET
Jiayin Group Inc. to Release Third Quarter 2023 Unaudited Financial Results on Wednesday, November 22, 2023
2023-08-21 10:00 ET
Jiayin Group Inc. Reports Second Quarter 2023 Unaudited Financial Results
2023-08-10 10:00 ET
Jiayin Group Inc. to Release Second Quarter 2023 Unaudited Financial Results on Monday, August 21, 2023
2023-08-08 06:00 ET
Jiayin Group Inc. Releases 2022 Environmental, Social and Governance (ESG) Report
2023-07-10 10:00 ET
Jiayin Group Inc. Announces Cash Dividend
2023-06-08 10:00 ET
Jiayin Group Inc. Reports First Quarter 2023 Unaudited Financial Results
2023-05-22 10:00 ET
Jiayin Group Inc. to Release First Quarter 2023 Unaudited Financial Results on Thursday, June 8, 2023
2023-04-28 20:30 ET
Jiayin Group Inc. Filed Annual Report on Form 20-F for Fiscal Year 2022
2023-04-06 10:00 ET
Jiayin Group Inc. Announces Sales of Equity Interest in Fuzhou Zhuoqun Jieneng Information Technology Co., Ltd. and Fujian Jiaxi Financial Guarantee Co., Ltd.
2023-03-29 10:24 ET
Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results
2023-03-20 10:00 ET
Jiayin Group Inc. to Release Fourth Quarter and Full Year 2022 Unaudited Financial Results on Wednesday, March 29, 2023
2022-11-23 11:00 ET
Jiayin Group Inc. Reports Third Quarter 2022 Unaudited Financial Results
2022-11-14 10:00 ET
Jiayin Group Inc. to Release Third Quarter 2022 Unaudited Financial Results on Wednesday, November 23, 2022
2022-08-18 10:00 ET
Jiayin Group Inc. Reports Second Quarter 2022 Unaudited Financial Results
2022-08-11 10:00 ET
Jiayin Group Inc. to Release Second Quarter 2022 Unaudited Results on Thursday, August 18, 2022
2022-08-04 01:00 ET
Jiayin Group Inc. Releases Inaugural Environmental, Social and Governance (ESG) Report
2022-06-16 10:00 ET
Jiayin Group Inc. Announces Share Repurchase Plan by the Company
2022-06-08 10:00 ET
Jiayin Group Inc. Reports First Quarter 2022 Unaudited Financial Results
2022-06-01 10:30 ET
Jiayin Group Inc. to Release First Quarter 2022 Unaudited Results on Wednesday, June 8, 2022
2022-05-09 09:30 ET
Jiayin Group Inc. Announces Changes in Management
2022-05-02 11:00 ET
Jiayin Group Inc. Filed Annual Report on Form 20-F for Fiscal Year 2021
2022-03-31 10:00 ET
Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results
2022-03-23 11:00 ET
Jiayin Group Inc. to Release Fourth Quarter and Full Year 2021 Unaudited Results on Thursday, March 31, 2022
2022-01-03 11:00 ET
Jiayin Group Inc. Announces Sales of Certain Equity Interest in Shanghai Bweenet Network Technology Co., Ltd.
2021-11-24 10:00 ET
Jiayin Group Inc. Reports Third Quarter 2021 Unaudited Financial Results
2021-11-18 11:00 ET
Jiayin Group Inc. to Release Third Quarter 2021 Unaudited Results on Wednesday, November 24, 2021
2021-08-25 10:54 ET
Jiayin Group Inc. Reports Second Quarter 2021 Unaudited Financial Results
2021-08-17 11:00 ET
Jiayin Group Inc. to Release Second Quarter 2021 Unaudited Results on Wednesday, August 25, 2021
2021-06-10 21:15 ET
Jiayin Group Inc. Announces At-the-Market Offering of Class A Ordinary Shares Represented by American Depositary Shares
2021-06-07 10:58 ET
Jiayin Group Inc. Reports First Quarter 2021 Unaudited Financial Results
2021-05-28 11:12 ET
Jiayin Group Inc. to Release First Quarter 2021 Unaudited Results on Monday, June 7, 2021
2021-04-30 22:00 ET
Jiayin Group Inc. Filed Annual Report on Form 20-F for Fiscal Year 2020
2021-04-09 10:19 ET
Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2020(1) Unaudited Financial Results
2021-04-05 11:00 ET
Jiayin Group Inc. Announces Acquisition of Certain Equity Interests in Shanghai Bweenet Network Technology Co., Ltd.
2021-04-02 11:00 ET
Jiayin Group Inc. to Release Fourth Quarter and Full Year 2020 Unaudited Results on Friday, April 9, 2021
2021-03-08 11:00 ET
Jiayin Group Inc. Announces Change of Auditor
2021-02-09 11:00 ET
Jiayin Group Inc. Announces Changes in Management
2021-01-08 11:00 ET
Jiayin Group Inc. Announces Changes in Management
2020-11-30 11:20 ET
Jiayin Group Inc. Reports Third Quarter 2020 Unaudited Financial Results
2020-11-23 13:30 ET
Jiayin Group Inc. to Release Third Quarter 2020 Unaudited Results on Monday, November 30, 2020
2020-09-29 20:00 ET
Jiayin Group Inc. Announces Closing of the Acquisition of 35% Equity Interest in Keen Best Investments Limited
2020-09-02 10:00 ET
Jiayin Group Inc. Reports Second Quarter 2020 Unaudited Financial Results
2020-08-20 13:00 ET
Jiayin Group Inc. to Release Second Quarter 2020 Unaudited Results on Wednesday, September 2, 2020
2020-06-11 15:23 ET
Jiayin Group States Its Policy Not To Comment On Unusual Market Activity Or Speculative Matters
2020-06-11 09:30 ET
Jiayin Group Inc. Reports First Quarter 2020 Unaudited Financial Results
2020-06-05 12:30 ET
Jiayin Group Inc. to Release First Quarter 2020 Unaudited Results on Thursday, June 11, 2020
2020-04-30 22:00 ET
Jiayin Group Inc. Files Annual Report on Form 20-F for Fiscal Year 2019
2020-04-01 10:00 ET
Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
2020-03-26 12:30 ET
Jiayin Group Inc. to Release Fourth Quarter and Full Year 2019 Unaudited Financial Results on Wednesday, April 1, 2020
2020-03-13 12:00 ET
Jiayin Group Inc. Announces Acquisition of Certain Equity Interest in Keen Best Investments Limited
2019-11-26 12:29 ET
 Jiayin Group Inc. Reports Third Quarter 2019 Unaudited Financial Results
2019-11-18 13:30 ET
Jiayin Group Inc. to Release Third Quarter 2019 Unaudited Results on Tuesday, November 26, 2019
2019-10-24 12:30 ET
Jiayin Announces Transaction Price for Equity Transfer
2019-09-16 12:30 ET
Jiayin Group Announces Changes to Collaboration with Consolidated Affiliated Entity That Provides Investor Assurance Program

SEC forms

Show financial reports only

SEC form 6
2024-03-28 07:39 ET
Jiayin Group published news for 2023 q4
SEC form 6
2024-03-28 07:39 ET
Jiayin Group reported for 2023 q4
SEC form 6
2024-01-08 06:28 ET
Jiayin Group published news for 2023 q4
SEC form 6
2024-01-08 06:28 ET
Jiayin Group published news for 2023 q4
SEC form 6
2023-11-22 06:09 ET
Jiayin Group reported for 2023 q3
SEC form 6
2023-08-21 06:18 ET
Jiayin Group reported for 2023 q2
SEC form 6
2023-07-10 06:10 ET
Jiayin Group published news for 2023 q2
SEC form 6
2023-06-08 06:22 ET
Jiayin Group reported for 2023 q1
SEC form 6
2023-04-28 09:31 ET
Jiayin Group published news for 2023 q1
SEC form 6
2023-04-06 06:11 ET
Jiayin Group published news for 2023 q1
SEC form 6
2023-03-29 06:31 ET
Jiayin Group published news for 2022 q4
SEC form 6
2022-11-23 06:31 ET
Jiayin Group published news for 2022 q3
SEC form 6
2022-08-18 06:08 ET
Jiayin Group published news for 2022 q2
SEC form 6
2022-06-16 06:30 ET
Jiayin Group published news for 2022 q1
SEC form 6
2022-06-08 06:30 ET
Jiayin Group published news for 2022 q1
SEC form 6
2022-05-09 06:03 ET
Jiayin Group published news for 2022 q1
SEC form 6
2022-04-29 17:18 ET
Jiayin Group published news for 2022 q1
SEC form 6
2022-03-31 06:30 ET
Jiayin Group published news for 2021 q4
SEC form 6
2022-01-03 07:05 ET
Jiayin Group published news for 2021 q4
SEC form 6
2021-11-24 06:30 ET
Jiayin Group published news for 2021 q3
SEC form 6
2021-08-25 07:05 ET
Jiayin Group published news for 2021 q2
SEC form 6
2021-06-11 06:05 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-06-10 17:26 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-06-10 16:17 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-06-07 07:17 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-04-30 16:02 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-04-09 06:48 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-04-05 08:00 ET
Jiayin Group published news for 2021 q1
SEC form 6
2021-03-08 08:08 ET
Jiayin Group published news for 2020 q4
SEC form 6
2021-02-09 06:03 ET
Jiayin Group published news for 2020 q4
SEC form 6
2021-01-08 06:30 ET
Jiayin Group published news for 2020 q4
SEC form 6
2020-11-30 06:45 ET
Jiayin Group published news for 2020 q3