Jiayin Group Inc (JFIN) Q3 2024 Earnings Call Highlights: Record Loan Facilitation Volume ... [Yahoo! Finance]
Jiayin Group Inc. - American Depositary Shares (JFIN)
Last jiayin group inc. - american depositary shares earnings: 4/1 06:00 am
Check Earnings Report
Company Research
Source: Yahoo! Finance
Jiayin Group Inc ( NASDAQ:JFIN ) achieved a record loan facilitation volume of approximately RMB 26.5 billion in Q3 2024, marking a year-over-year growth of 10.3%. Revenue from loan facilitation services increased by 18.1% year-over-year, reaching around RMB 1.1 billion. The company has successfully expanded its institutional partnerships, establishing collaborations with 70 diverse financial institutions. Jiayin Group Inc ( NASDAQ:JFIN ) has made significant advancements in technology, including the introduction of a self-developed automated machine learning platform to enhance credit risk measurement and marketing scenarios. The company reported a 71.3% year-over-year growth in new borrowers, acquiring 826,000 new borrowers in Q3 2024. Net revenue decreased by 1.5% year-over-year, and net income dropped by 16.8% compared to the same period in 2023. The average borrowing amount per loan decreased by 30.5% year-over-year, indicating a potential shift in user preference to
Show less
Read more
Impact Snapshot
Event Time:
JFIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JFIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JFIN alerts
High impacting Jiayin Group Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
JFIN
News
- Jiayin Group Inc. (JFIN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Jiayin Group Inc. Reports Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- Jiayin Group Inc. Reports Third Quarter 2024 Unaudited Financial ResultsGlobeNewswire
- Jiayin Group Inc. to Release Third Quarter 2024 Unaudited Financial Results on Wednesday, November 20, 2024GlobeNewswire
- Jiayin: This Micro-Cap Offers Deep Value In China With Strong Growth (Rating Upgrade) [Seeking Alpha]Seeking Alpha
JFIN
Sec Filings
- 11/20/24 - Form 6-K
- 9/10/24 - Form EFFECT
- 8/27/24 - Form 6-K
- JFIN's page on the SEC website