FinVolution Group (FINV)

FinVolution Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	12,662	12,547	11,134	9,470	7,563	5,963
Revenue Growth (YoY)	7.87%	12.69%	17.57%	25.22%	26.84%	31.23%
Cost of Revenue	2,139	2,112	2,039	1,842	1,326	1,208
Gross Profit	10,523	10,436	9,096	7,628	6,237	4,755
Selling, General & Admin	2,326	2,277	2,087	2,102	943.98	1,156
Research & Development	505.27	510.99	491.48	434.85	370.18	390.59
Other Operating Expenses	5,421	5,264	4,002	2,477	2,616	561.39
Operating Expenses	8,253	8,052	6,580	5,014	3,930	2,108
Operating Income	2,270	2,384	2,515	2,614	2,308	2,646
Other Expense / Income	-289.94	-352.05	-205.82	-136	-120.59	-208.39
Pretax Income	2,560	2,736	2,721	2,750	2,428	2,855
Income Tax	387.34	395.1	454.78	240.82	455.42	481.96
Net Income	2,173	2,341	2,266	2,509	1,973	2,373
Net Income Growth	-10.50%	3.29%	-9.67%	27.18%	-16.86%	-3.90%
Shares Outstanding (Basic)	1,312	1,375	1,413	1,421	1,477	1,526
Shares Outstanding (Diluted)	1,341	1,403	1,454	1,483	1,491	1,552
Shares Change	-6.66%	-3.53%	-1.90%	-0.59%	-3.94%	-2.95%
EPS (Basic)	8.05	8.50	8.00	8.85	6.70	7.80
EPS (Diluted)	7.90	8.35	7.80	8.45	6.60	7.65
EPS Growth	-5.95%	7.05%	-7.69%	28.03%	-13.73%	-0.65%
Free Cash Flow	397.51	875.33	216.06	574.96	2,196	-264.18
Free Cash Flow Per Share	1.51	3.18	0.77	2.02	7.43	-0.87
Dividend Per Share	0.215	0.215	0.205	0.170	0.120	0.190
Dividend Growth	4.88%	4.88%	20.59%	41.67%	-36.84%	-
Gross Margin	83.11%	83.17%	81.69%	80.55%	82.47%	79.74%
Operating Margin	17.93%	19.00%	22.59%	27.60%	30.51%	44.38%
Profit Margin	17.16%	18.66%	20.36%	26.49%	26.08%	39.79%
Free Cash Flow Margin	3.14%	6.98%	1.94%	6.07%	29.03%	-4.43%
Effective Tax Rate	15.13%	14.44%	16.71%	8.76%	18.76%	16.88%
EBITDA	-	2,805	2,786	2,819	2,525	2,962
EBITDA Margin	-	22.36%	25.02%	29.77%	33.38%	49.67%
Depreciation & Amortization	-	69.09	65.01	69.23	96.43	107.09
EBIT	2,560	2,736	2,721	2,750	2,428	2,855
EBIT Margin	20.22%	21.80%	24.44%	29.04%	32.10%	47.88%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).