• Mon. Nov 30th, 2020

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Facts, figures and statistics of: CNFinance Holdings Limited (NYSE: CNF)

On 28 May 2020, CNFinance Holdings Limited (NYSE: CNF) spotted trading -44.75% off 52-week high price. On the other end, the stock has been noted 6.92% away from the low price over the last 52-weeks. The stock changed -2.16% to recent value of $3.63. The stock transacted 507 shares during most recent day however it has an average volume of 25.91K shares. CNF has a gross margin of 52.10% and an operating margin of 23.30% while its profit margin remained 17.30% for the last 12 months.

CNFinance Holdings Limited (CNF) recently reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.

Fourth Quarter 2019 Operational and Financial Highlights

Total loan origination volume [1] was RMB2.0B during the fourth quarter of 2019, representing a raise of 81.8% from RMB1.1B in the same period of 2018.

Total number of transactions [2] was 4,284 during the fourth quarter of 2019, representing a raise of 83.5% from 2,334 in the same period of 2018.

Total interest and fees income were RMB596.9M (US$85.5M) in the fourth quarter of 2019, representing a decrease of 42.6% from RMB1,039.6M in the same period of 2018.

Net income was RMB61.0M (US$8.7M) in the fourth quarter of 2019, representing a decrease of 67.6% from RMB188.1M in the same period of 2018.

Basic and diluted earnings per ADS were RMB0.89 (US$0.13) and RMB0.81(US$0.12), respectively, in the fourth quarter of 2019, as contrast to RMB3.01 and RMB2.71, respectively, in the same period of 2018.

Fiscal Year 2019 Operational and Financial Highlights

Total loan origination volume [1] was RMB6.3B during the fiscal year of 2019, representing a decrease of 33.7% from RMB9.5B in 2018.

Total outstanding loan principal [3] was RMB11.3B as of December 31, 2019, as contrast to RMB15.8B as of December 31, 2018.

Total number of active borrowers [4] was 25,253 as of December 31, 2019, representing a decrease of 18.6% from 31,039 as of December 31, 2018.

Total number of transactions was 12,790 during the fiscal year of 2019, representing a decrease of 26.0% from 17,276 in 2018.

Total interest and fees income were RMB2,970.2M (US$425.8M) for the fiscal year of 2019, representing a decrease of 30.8% from RMB4,292.7M in 2018.

Net income was RMB534.6M (US$76.6M) for the fiscal year of 2019, representing a decrease of 37.9% from RMB860.9M in 2018.

Basic and diluted earnings per ADS were RMB7.80(US$1.12) and RMB7.29 (US$1.04), respectively, in the fiscal year of 2019, as contrast to RMB13.76 and RMB12.39, respectively, in 2018.

The price moved ahead of -8.09% from the mean of 20 days, -6.79% from mean of 50 days SMA and performed -22.57% from mean of 200 days price. Company’s performance for the week was -7.25%, 4.80% for month and YTD performance remained -7.25%.

 

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