X Financial Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,878	7,639	5,872	4,815	3,563	3,626
Revenue Growth (YoY)	4.19%	30.10%	21.95%	35.14%	-1.75%	65.37%
Gross Profit	6,878	7,639	5,872	4,815	3,563	3,626
Selling, General & Admin	1,908	2,402	1,758	1,525	976.34	208.69
Other Operating Expenses	3,772	3,607	2,240	1,828	1,373	1,929
Total Operating Expenses	5,680	6,009	3,998	3,353	2,349	2,138
Operating Income	1,198	1,630	1,874	1,462	1,214	1,311
Interest Income	-	29.51	22.33	10.3	-	-
Interest Expense	-	-18.85	-22.89	-30.66	-	-
Other Non-Operating Income (Expense)	88.62	115.47	72.4	6.17	-5.71	60.7
Total Non-Operating Income (Expense)	88.62	126.12	71.84	-14.19	-5.71	60.7
Pretax Income	1,331	1,750	1,894	1,469	1,220	1,191
Provision for Income Taxes	247.33	291.65	405.7	261.13	396.07	368.74
Net Income	1,044	1,465	1,540	1,187	812	825.41
Minority Interest in Earnings	-	-	-	-	-	-0
Net Income to Common	1,044	1,465	1,540	1,187	812	825.41
Net Income Growth	-36.12%	-4.89%	29.75%	46.16%	-1.63%	-
Shares Outstanding (Basic)	40	41	48	48	53	55
Shares Outstanding (Diluted)	41	42	49	48	54	56
Shares Change (YoY)	-13.32%	-14.95%	0.87%	-9.79%	-4.30%	4.87%
EPS (Basic)	25.56	36.00	31.98	24.72	15.42	15.06
EPS (Diluted)	24.48	35.22	31.50	24.48	15.12	14.70
EPS Growth	-29.29%	11.81%	28.68%	61.91%	2.86%	-
Free Cash Flow	-	1,446	1,509	1,383	316.65	446.55
Free Cash Flow Growth	-	-4.21%	9.12%	336.76%	-29.09%	-
Free Cash Flow Per Share	-	34.77	30.87	28.53	5.89	7.95
Dividends Per Share	-	3.920	3.066	1.191	-	-
Dividend Growth	-	27.86%	157.33%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	17.42%	21.34%	31.91%	30.37%	34.07%	36.15%
Profit Margin	15.18%	19.17%	26.23%	24.65%	22.79%	22.76%
FCF Margin	-	18.92%	25.70%	28.72%	8.89%	12.31%
EBITDA	1,198	1,641	1,881	1,467	1,220	1,319
EBITDA Margin	17.42%	21.48%	32.03%	30.48%	34.25%	36.38%
EBIT	1,198	1,630	1,874	1,462	1,214	1,311
EBIT Margin	17.42%	21.34%	31.91%	30.37%	34.07%	36.15%
Effective Tax Rate	18.58%	16.67%	21.42%	17.78%	32.47%	30.97%

SEC Filings: 10-K · 10-Q