Operating in the People's Republic of China, X Financial delivers personal financial solutions, primarily functioning as an online platform that connects individuals ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
$3.82 per share
$3.82 per share
Est. EPS $2.05 · Revenue $1.10B · 1 analysts
Est. EPS $17.19 · Revenue $3.75B · 1 analysts
EPS ¥7.50 · Revenue ¥990.78M
EPS ¥5.76 · Revenue ¥1.17B
EPS ¥205.56 · Revenue ¥7.43B
EPS ¥60.48 · Revenue ¥1.96B
EPS ¥72.00 · Revenue ¥2.27B
EPS ¥63.36 · Revenue ¥1.94B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $7.4B | +26.6% | -15.2% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.4B | -7.5% | +24.2% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +73.6% | +10.4% | -1.9% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +21.4% | -32.9% | +64.1% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +19.2% | -26.9% | +46.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $1.4B | -4.2% | — |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +19.5% | -24.3% | — |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 14.9% | +203.9% | +12.2% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.07x | -69.2% | -40.0% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $14.7B | +24.1% | -10.7% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 205.56 vs 17.71 | +1060.6% | 7.50 vs 1.99 | +276.6% |
| Revenue Surprise | $7.4B vs $3.7B | +98.4% | $990.8M vs $990.8M | 0.0% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Feb 28, 2029 | Kauffman Noah Nathanial | officer: CFSO | RSU | — | 150,000 | — |
| Jan 10, 2029 | LI KAN | director, officer: President | RSU | — | 2,250,000 | — |
| Jan 10, 2028 | jiang yufan | officer: Chief Risk Officer | RSU | — | 50,004 | — |
| Jan 10, 2028 | Zheng Fuya (Frank) | officer: Chief Financial Officer | RSU | — | 25,014 | — |
| Jan 10, 2028 | LI KAN | director, officer: President | Restricted stock unit ("RSU") | — | 2,250,000 | — |
Operator: Good day, and welcome to the X Financial Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Victoria Yu. Please go ahead. Victoria Yu: Thank you, operator. Hello, everyone, and thank you for joining today's call. Our financial results for the second quarter ended June 30, 2026, were released earlier today and are available on the company's Investor Relations website at ir.xiaoyinggroup.com. On the call today from X Financial are Mr. Kan Li, President; Mr. Frank Fuya Zheng, Chief Financial Officer; and Mr. Noah Kauffman, Chief Financial Strategy Officer. Mr. Li will begin with an overview of our business performance and key operational developments. Mr. Kaufman will then review the second quarter financial performance, followed by Mr. Zheng, who will cover the detailed financial results, capital position and outlook. After the prepared remarks, Mr. Li, Mr. Zheng and Mr. Kaufman will be available to answer your questions during the Q&A session. I remind you that this call may contain forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and involve known or unknown risks, uncertainties and other factors. These factors are difficult to predict and many are beyond the company's control, which may cause actual results, performance and achievements to differ materially from those described in these statements. Further information on these and other risks can be found in our SEC filings. The company undertakes no obligation to update any forward-looking statements as a result of new information, future events or otherwise, except as required by law. And it is my pleasure to introduce Mr. Kan Li. Kan Li: Thank you, Victoria, and hello, everyone. In the second quarter of 2026, we maintained the disciplined operating approach that has defined our approach over the past several quarters. Conditions remain challenging, and we continue to place credit quality, liquidity and balance sheet strength ahead of near-term origination volume. During the quarter, we facilitated and originated RMB 11.63 billion in loans, a decline of 70.2% year-over-year and 20.5% sequentially from the first quarter. The pace of contraction moderated meaningfully from the first quarter, consistent with our measured approach to origination in the current environment. Operationally, we continue to concentrate origination in our internally operated channels where borrower quality and unit economics are strongest. Underwriting criteria for newer vintages were refined further. Automation was extended across servicing and collections, and discretionary spending remained tightly controlled. The average loan amount per transaction rose to RMB 12,712, up 8.3% from the prior quarter and 21.3% year-over-year, reflecting a shift in transaction mix toward …
| Name | Title | Gender | Year Born | Status |
|---|---|---|---|---|
Jennifer Zhang | Investor Relations | Female | — | Active |
Yufan Jiang | Chief Risk Officer | Male | 1984 | Active |
Kan Li | President, Acting Chief Risk Officer & Director | Male | 1973 | Active |
Ding Gao | Co-Founder | Male | 1987 | Active |
Fuya Zheng | Chief Financial Officer | Male | 1967 | Active |
Noah Kauffman | Chief Financial Strategy Officer | Male | 1982 | Active |
Yue Tang | Founder, Chief Executive Officer & Chairman | Male | 1972 | Active |
I initiate X Financial at 'Hold' after considering the positive and negative read-throughs from its recent quarterly disclosures. XYF's 2Q26 revenue fell 16% QoQ, with loan facilitation income dropping sharply amid a cautious origination strategy. But operating margins and delinquency rates improved sequentially, aided by AI-driven cost reductions and tighter underwriting.
X Financial (XYF) Q2 2026 Earnings Call Transcript
X Financial NYSE: XYF reported lower second-quarter revenue and loan origination volumes as it maintained a conservative operating approach focused on credit quality, liquidity and balance-sheet strength. Management said tighter underwriting and expanded collections efforts contributed to sequential improvement in delinquency measures, though credit metrics remained substantially weaker than a year earlier.
SHENZHEN, China, Aug. 24, 2026 /PRNewswire/ -- X Financial (NYSE: XYF), a leading Chinese fintech platform, today announced its unaudited financial results for the second quarter ended June 30, 2026. This press release should be read in conjunction with the Company's Report on Form 6-K for the second quarter ended June 30, 2026, which has been furnished to the U.S. Securities and Exchange Commission and is available on the SEC's website at www.sec.gov and on the Company's investor relations website at http://ir.xiaoyinggroup.com.
SHENZHEN, China, Aug. 18, 2026 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading online personal finance company in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2026, before the open of U.S. markets on Monday, August 24, 2026. X Financial's management team will host an earnings conference call at 8:30 AM U.S. Eastern Time on Monday, August 24, 2026 (8:30 PM Beijing / Hong Kong Time on the same day).
