(FINV) FinVolution - NYSE
Sector: Financial Services | Industry: Credit Services | Exchange: NYSE (USA) | Market Cap: 1.138m USD | Total Return: -46.2% in 12m
Avg Turnover: 3.59M
EPS Trend: 38.4%
Rev. Trend: 88.7%
Warnings
Tailwinds
No distinct edge detected
Seasonality
FinVolution Group is a Shanghai-based financial technology company that operates online consumer finance platforms across China, Indonesia, and the Philippines. Formerly known as PPDAI Group, the company facilitates credit services and personalized financial products through digital applications including AdaKami, JuanHand, and KOO Virtual Credit.
The company functions as a credit intermediary, utilizing proprietary risk management technologies to connect underserved borrowers with institutional funding partners. This capital-light business model is common in the Chinese fintech sector, where platforms focus on credit assessment and loan facilitation rather than maintaining large loan books on their own balance sheets.
Investors can further evaluate the companys valuation metrics and growth trajectory on ValueRay.
FinVolutions international expansion into Southeast Asia serves as a strategic hedge against regulatory shifts and market saturation within the domestic Chinese lending landscape. The company’s transition from a pioneer in peer-to-peer lending to a technology-driven institutional facilitator reflects broader structural changes in the global digital finance industry.
- International expansion in Southeast Asia offsets slowing domestic credit demand in China
- Institutional funding partnerships stabilize cost of capital and support loan volume growth
- Regulatory shifts in Chinese fintech lending impact interest rate caps and margins
- Credit quality improvement and lower delinquency rates drive bottom-line profitability gains
- Strategic pivot toward better-quality borrowers reduces overall loan loss provision requirements
| Net Income: 2.20b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -7.26 > 1.0 |
| NWC/Revenue: 90.15% < 20% (prev 99.89%; Δ -9.74% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.75b > Net Income 2.20b |
| Net Debt (-7.75b) to EBITDA (2.64b): -2.94 < 3 |
| Current Ratio: 63.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (256.8m) vs 12m ago -2.44% < -2% |
| Gross Margin: 77.14% > 18% (prev 79.20%; Δ -2.06% > 0.5%) |
| Asset Turnover: 52.92% > 50% (prev 54.78%; Δ -1.85% > 0%) |
| Interest Coverage Ratio: 89.56 > 6 (EBIT TTM 2.55b / Interest Expense TTM 28.5m) |
| A: 0.47 (Total Current Assets 12.1b - Total Current Liabilities 191.4m) / Total Assets 25.6b |
| B: 0.47 (Retained Earnings 11.9b / Total Assets 25.6b) |
| C: 0.10 (EBIT TTM 2.55b / Avg Total Assets 25.0b) |
| D: 1.78 (Book Value of Equity 16.2b / Total Liabilities 9.11b) |
| Altman-Z'' = 7.13 = AAA |
| DSRI: 1.27 (Receivables 9.94b/7.94b, Revenue 13.2b/13.4b) |
| GMI: 1.03 (GM 79.20% / 77.14%) |
| AQI: 2.28 (AQ_t 0.50 / AQ_t-1 0.22) |
| SGI: 0.99 (Revenue 13.2b / 13.4b) |
| TATA: 0.02 (NI 2.20b - CFO 1.75b) / TA 25.6b) |
| Beneish M = -2.03 (Cap -4..+1) = BB |
As of June 29, 2026, the stock is trading at USD 4.80 with a total of 648,180 shares traded. Over the past week, the price has changed by +2.78%, over one month by -7.51%, over three months by +8.37% and over the past year by -46.16%.
Current recommended Stop Loss: 4.50 (which is 6.2% or 1.5 ATR below the current price).
FinVolution has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy FINV.
- StrongBuy: 8
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 7.2 | 50.8% |
Market Cap CNY = 7.74b (1.14b USD * 6.7982 USD.CNY)
P/E Trailing = 3.8871
P/E Forward = 3.6724
P/S = 0.0853
P/B = 0.4743
Revenue TTM = 13.2b CNY
EBIT TTM = 2.55b CNY
EBITDA TTM = 2.64b CNY
Long Term Debt = 1.14b CNY (from longTermDebt, last quarter)
Short Term Debt = 191.4m CNY (from shortTermDebt, last quarter)
Debt = 1.41b CNY (from shortLongTermDebtTotal, last quarter) + Leases 44.8m
Net Debt = -7.75b CNY (calculated: Debt 1.41b - CCE 9.16b)
Enterprise Value = 7.74b CNY (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 89.56 (Ebit TTM 2.55b / Interest Expense TTM 28.5m)
EV/FCF = 5.23x (Enterprise Value 7.74b / FCF TTM 1.48b)
FCF Yield = 19.10% (FCF TTM 1.48b / Enterprise Value 7.74b)
FCF Margin = 11.16% (FCF TTM 1.48b / Revenue TTM 13.2b)
Net Margin = 16.64% (Net Income TTM 2.20b / Revenue TTM 13.2b)
Gross Margin = 77.14% ((Revenue TTM 13.2b - Cost of Revenue TTM 3.03b) / Revenue TTM)
Gross Margin QoQ = 76.25% (prev 71.98%)
Tobins Q-Ratio = 0.30 (Enterprise Value 7.74b / Total Assets 25.6b)
Interest Expense / Debt = 2.01% (Interest Expense 28.5m / Debt 1.41b)
Taxrate = 18.19% (493.7m / 2.71b)
NOPAT = 2.09b (EBIT 2.55b * (1 - 18.19%))
Current Ratio = 63.35 (Total Current Assets 12.1b / Total Current Liabilities 191.4m)
Debt / Equity = 0.09 (Debt 1.41b / totalStockholderEquity, last quarter 16.2b)
Debt / EBITDA = -2.94 (Net Debt -7.75b / EBITDA 2.64b)
Debt / FCF = -5.24 (Net Debt -7.75b / FCF TTM 1.48b)
Total Stockholder Equity = 41.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.81% (Net Income 2.20b / Total Assets 25.6b)
RoE = 5.33% (Net Income TTM 2.20b / Total Stockholder Equity 41.3b)
RoCE = 6.01% (EBIT 2.55b / Capital Employed (Equity 41.3b + L.T.Debt 1.14b))
RoIC = 8.37% (NOPAT 2.09b / Invested Capital 24.9b)
WACC = 7.83% (E(7.74b)/V(9.15b) * Re(8.96%) + D(1.41b)/V(9.15b) * Rd(2.01%) * (1-Tc(0.18)))
Discount Rate = 8.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: -2.76%
[DCF] Terminal Value 73.10% ; FCFF base≈2.16b ; Y1≈1.89b ; Y5≈1.53b
[DCF] Fair Price = 263.2 (EV 24.6b - Net Debt -7.75b = Equity 32.3b / Shares 122.8m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 38.36 | EPS CAGR: 25.44% | SUE: N/A | # QB: 0
Revenue Correlation: 88.69 | Revenue CAGR: 4.34% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=8.31 | Chg30d=+0.57% | Revisions=+50% | GrowthEPS=-18.1% | GrowthRev=-6.2%
EPS next Year (2027-12-31): EPS=9.75 | Chg30d=-2.56% | Revisions=+25% | GrowthEPS=+17.3% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: +50%