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JFIN

Jiayin Group Inc.

JFIN

Jiayin Group Inc. • NASDAQ
$7.13 ▼ -0.97% (-0.07)
Market Cap $375.24 M
52w High $19.23
52w Low $5.78
Dividend Yield 0.79%
P/E 0.72
Volume 59.66K
Outstanding Shares 52.63M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $1.886B ▲ $962.02M ▲ $519.136M ▼ 27.523% ▼ $9.84 ▼ $639.102M ▲
Q1-2025 $1.776B ▲ $832.918M ▲ $539.484M ▲ 30.384% ▲ $10.12 ▲ $606.647M ▲
Q4-2024 $1.404B ▼ $672.529M ▼ $275.525M ▲ 19.617% ▲ $5.2 ▲ $392.641M ▲
Q3-2024 $1.445B ▼ $713.951M ▲ $269.612M ▲ 18.66% ▲ $5.08 ▲ $311.865M ▲
Q2-2024 $1.476B $641.106M $238.271M 16.139% $4.48 $229.428M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $316.243M ▲ $7.276B ▲ $3.384B ▲ $3.893B ▲
Q1-2025 $190.251M ▼ $6.394B ▲ $2.728B ▲ $3.668B ▲
Q4-2024 $540.523M ▼ $5.41B ▲ $2.282B ▼ $3.129B ▲
Q3-2024 $741.206M ▼ $5.247B ▼ $2.399B ▼ $2.85B ▲
Q2-2024 $880.198M $5.536B $2.788B $2.75B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $519.136M ▼ $0 $0 $0 $0 $0
Q1-2025 $539.484M ▲ $0 $0 $0 $0 $0
Q4-2024 $275.525M ▲ $0 $0 $0 $0 $0
Q3-2024 $269.612M ▲ $0 $0 $0 $0 $0
Q2-2024 $238.271M $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Jiayin’s income statement shows a business that has scaled up very quickly and remained solidly profitable. Revenue has grown strongly for several years in a row, moving from a small base to a much larger operation. Profitability has kept pace: gross profit and operating profit have risen meaningfully, which suggests the core business model is working and the company has some pricing power and cost discipline. One nuance: while revenue continued to rise in the most recent year, net profit eased slightly compared with the prior year. That points to some margin pressure, likely from higher costs, more investment, or a change in business mix. Even so, profit levels remain healthy, and earnings per share are much higher than they were a few years ago. Overall, this is a growth story that has already translated into real, recurring profits rather than just top-line expansion.

Balance Sheet

Balance Sheet The balance sheet has strengthened considerably over the last few years. Total assets have expanded as the business has grown, and shareholder equity has moved from negative territory to a solid positive base. That shift signals that accumulated losses have been repaired and profits have been retained, improving the company’s financial resilience. Debt levels appear modest relative to the size of the business, which reduces financial risk and interest burden. Cash on hand has increased over time, giving the company more flexibility to invest or weather slower periods. There is a small dip in total assets in the latest year, but equity continues to climb, which suggests a gradual cleanup or optimization of the asset base rather than balance-sheet stress. Overall, the company now looks much sturdier than it did a few years ago.

Cash Flow

Cash Flow Cash generation has improved notably. Operating cash flow has been positive for several years and jumped in the most recent period, broadly matching the reported profits. That’s a good sign that earnings are backed by real cash and not just accounting entries. Free cash flow has also been positive, even after capital spending. The latest year shows a clear step-up in investment, with much higher spending on long-term projects and assets. Despite that, the company still produced surplus cash. This combination – stronger operating cash flow and active reinvestment – indicates a business moving from early recovery into a more mature, self-funded growth phase. The main risk to watch is whether the heavier investment continues to pay off in future revenue and profit growth.

Competitive Edge

Competitive Edge Jiayin operates in a very competitive and tightly regulated part of China’s fintech and online lending ecosystem, yet it has carved out a noticeable niche. Its platform connects individual borrowers with financial institutions, with a particular focus on smaller and less-served cities. That focus on underserved regions can be a real advantage, as larger rivals may prioritize big-city customers. The company benefits from a high share of repeat borrowers, which speaks to customer stickiness, brand trust, and a user experience that borrowers are willing to return to. Its risk-assessment technology and end-to-end service for partner institutions also create switching costs: once a bank or lender integrates Jiayin’s tools into their processes, moving elsewhere becomes less convenient. At the same time, the firm faces meaningful risks. It operates under Chinese financial regulations, which can change quickly and affect growth or profitability. It also competes, directly or indirectly, with larger internet platforms, fintech players, and traditional financial institutions that have deep pockets and strong relationships. Expansion into overseas markets adds another layer of competitive and regulatory uncertainty. The moat is real but not unassailable.

Innovation and R&D

Innovation and R&D Innovation is a central part of Jiayin’s story. The company relies on big data, artificial intelligence, and cloud technology to evaluate borrowers and detect fraud. One of its standout achievements has been compressing fraud-detection times from days to just a few hours, which improves both risk control and customer experience. Its proprietary credit scoring and automated underwriting systems help lending partners lower costs and make faster decisions, which is a key differentiator. The firm is now working on a new generation of AI tools that aim to be more efficient, cheaper to run, and easier to deploy. This “lighter-weight” AI focus can help scale the business and improve margins over time. Beyond technology, Jiayin is innovating in where and how it operates: it is pushing deeper into lower-tier Chinese cities and expanding abroad, with early traction in markets like Indonesia. That said, innovation in fintech is a moving target. Rivals are also investing heavily, and regulatory scrutiny around data, algorithms, and lending practices may shape what is possible in the future.

Summary

Putting it all together, Jiayin looks like a fintech platform that has moved from early-stage experimentation into a phase of profitable scale. Revenue and profits have grown strongly, the balance sheet has been repaired and strengthened, and cash flow now comfortably supports both operations and investment. The company’s edge comes from its technology-driven risk management, its focus on underserved borrowers, and strong repeat usage, all of which suggest real customer and partner loyalty. Its push into new markets and continued investment in AI provide avenues for further growth. Key watchpoints include margin pressure in the latest year, the inherently cyclical and risk-sensitive nature of consumer lending, intense competition from both fintech and traditional players, and evolving regulation in China and overseas markets. Overall, Jiayin appears to be a more mature and financially robust business than it was a few years ago, with meaningful upside opportunities but also the typical risks associated with a high-growth, regulated fintech model.

NEWS

November 25, 2025 · 5:00 AM UTC

Jiayin Group Inc. Reports Third Quarter 2025 Unaudited Financial Results

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November 18, 2025 · 5:00 AM UTC

Jiayin Group Inc. to Release Third Quarter 2025 Unaudited Financial Results on Tuesday, November 25, 2025

Read more