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Pintec Technology Holdings Limited

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Pintec Technology Holdings Limited • NASDAQ
$0.98 ▼ -0.45% (-0.00)
Market Cap $401188
52w High $1.38
52w Low $0.76
Dividend Yield 0%
P/E -9.76
Volume 33.02K
Outstanding Shares 411.22K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $7.663M $8.275M $-2.438M -31.815% $-5.25 $0
Q1-2025 $7.663M ▼ $8.275M ▼ $-2.438M ▲ -31.815% ▲ $-5.25 ▲ $0 ▲
Q4-2024 $10.11M $9.947M $-3.513M -34.743% $-7.7 $-2.058M
Q3-2024 $10.11M ▲ $9.947M ▲ $-3.513M ▲ -34.743% ▲ $-7.7 ▲ $-2.058M ▲
Q2-2024 $7.461M $8.255M $-4.215M -56.487% $-12.25 $-3.33M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $33.901M $96.357M $496.512M $-414.051M
Q1-2025 $33.901M ▲ $96.357M ▼ $496.512M ▼ $-414.051M ▼
Q4-2024 $26.951M $103.44M $498.559M $-408.873M
Q3-2024 $26.951M ▼ $103.44M ▼ $498.559M ▼ $-408.873M ▼
Q2-2024 $44.606M $114.99M $503.436M $-401.608M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-2.438M $0 $0 $0 $0 $0
Q1-2025 $-2.438M ▲ $0 $0 $0 $0 $0
Q4-2024 $-3.513M $0 $0 $0 $0 $0
Q3-2024 $-3.513M ▲ $0 $0 $0 $0 $0
Q2-2024 $-4.215M $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Revenue has shrunk very sharply over the last five years, moving from a small but meaningful level to only a fraction of that today. The business is still generating a positive gross profit, but the margin is thin and not enough to cover operating costs. Operating income and net income have been negative every year, so the company remains loss‑making. The good news is that losses have narrowed recently compared with the worst years, but they are still material relative to the company’s small scale. Overall, the income statement shows a business under pressure, with declining size and only early signs of improvement in profitability.

Balance Sheet

Balance Sheet The balance sheet looks fragile. The total asset base has shrunk significantly, and the cash balance is now quite small compared with where it was several years ago. On the positive side, interest‑bearing debt appears to have been largely reduced or removed, which lowers financial leverage risk. The biggest concern is that shareholders’ equity has been negative for several years and has become more negative over time. This means liabilities exceed assets on paper, signaling a weak capital position. In simple terms, the company has slim resources and limited cushion to absorb setbacks.

Cash Flow

Cash Flow Cash generation is patchy and fragile. Operating cash flow has hovered around breakeven, swinging between small inflows and small outflows. That suggests the core business is not burning large amounts of cash recently, but also is not consistently funding itself from operations. Free cash flow follows the same pattern because capital spending has been minimal. This can reflect an asset‑light, software‑driven model, but it can also show limited capacity to invest aggressively for growth. With a small cash balance, maintaining at least stable operating cash flow is critical.

Competitive Edge

Competitive Edge Commercially, Pintec operates in a very competitive and fast‑changing part of China’s fintech and credit services market. Its focus on technology‑enabled services for smaller businesses gives it a clear niche, and its “SaaS + fintech” approach aims to lock in partners by embedding deeply into their operations. The company’s open platform and broad partner network across banks, telecoms, and online platforms provide some network effects and data advantages. However, Pintec is a relatively small player in a market with strong competitors, regulatory uncertainty, and rapid product cycles. Its shrinking revenue base and weak financials reduce its bargaining power and make execution risk higher, even though the strategic positioning toward underserved SMEs is attractive in concept.

Innovation and R&D

Innovation and R&D Innovation is a clear strength on paper. Pintec leans heavily on artificial intelligence, big data, and automation to improve credit risk assessment, streamline back‑office work, and digitize the full workflow of small and mid‑sized businesses. The AI‑driven risk models and robotic process automation tools, along with its Innovation Center, show a structured effort to keep the technology fresh. The company also differentiates itself through white‑label and customizable solutions, letting partners brand the services as their own, and by trying to digitize not just finance, but broader SME operations. International moves, like taking a stake in an overseas fintech firm, point to ambitions beyond China. The main tension is that advanced technology and international expansion are cash‑intensive, while Pintec’s financial resources are thin. Its ability to keep investing at a competitive pace may be constrained unless operating performance or external funding improves.

Summary

Overall, Pintec looks like a small, technology‑driven fintech platform with an interesting strategic niche but a strained financial profile. On the positive side, the company has built a differentiated technology stack, strong data and AI capabilities, and an open platform with a wide range of partners. Its focus on underserved small and mid‑sized businesses and its flexible, white‑label model provide a clear strategic story. On the negative side, revenue has contracted significantly over several years, the business is still loss‑making, and the balance sheet shows negative equity and a much smaller cash cushion than in the past. Cash flow is near breakeven but not robust. The key questions going forward are whether Pintec can stabilize and then regrow its revenue base, move closer to consistent profitability, and fund ongoing innovation and expansion without over‑stretching its limited financial resources. The opportunity is meaningful, but execution risk and financial risk are both elevated.

NEWS

November 12, 2025 · 4:00 PM UTC

PINTEC Enters into Agreement to Transfer Shares of Its Subsidiary

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October 24, 2025 · 4:30 PM UTC

PINTEC Announces Changes in the Board of Directors

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October 20, 2025 · 5:30 AM UTC

PINTEC's Subsidiary ZIITECH Recognized by Austrade Under EMDG Program

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October 17, 2025 · 4:05 PM UTC

PINTEC's Subsidiary ZIITECH Makes Its Debut at Tech Week Singapore 2025

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September 19, 2025 · 4:30 PM UTC

PINTEC ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST HALF OF 2025

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