Jiayin Group Inc. (JFIN.US) Reports Q2 Revenue of RMB 1.886 Billion, Up 28% Year-over-Year

Stock News08-20

Leading Chinese fintech platform Jiayin Group Inc. (JFIN.US) today announced its second quarter financial results for the period ended June 30, 2025. Net revenue reached RMB 1.8862 billion ($263.3 million), representing a 27.8% year-over-year increase. Loan facilitation service revenue totaled RMB 1.6094 billion ($224.7 million), surging 69.2% year-over-year. The growth was primarily driven by increased transaction volume facilitated by the company. Guarantee release income was RMB 126.4 million ($17.6 million), compared to RMB 424.8 million in the same period of 2024. The year-over-year decline was mainly due to a reduction in the average outstanding loan balance for which the company provides guarantee services. Operating income reached RMB 639.1 million ($89.2 million), an increase of 181.4% year-over-year. Additionally, the company's loan facilitation volume totaled RMB 37.1 billion (approximately $5.2 billion), representing a 54.6% increase compared to the same period in 2024. The average borrowing amount per loan was RMB 8,130 ($1,135), down 10.5% year-over-year. Repeat borrowers contributed 75.6% of total loan facilitation amount, compared to 73.4% in the same period of 2024. As of June 30, 2025, the 90+ day delinquency rate stood at 1.12%. Non-GAAP operating profit reached RMB 737.6 million ($103 million), compared to RMB 261.6 million in the same period of 2024. Net profit was RMB 519.1 million ($72.5 million), compared to RMB 238.3 million in the prior year period, representing an increase of 117.8%. Looking ahead, the company expects full-year 2025 loan facilitation volume to range between RMB 137 billion and RMB 142 billion, with third quarter 2025 loan facilitation volume expected to be between RMB 32 billion and RMB 34 billion. The company anticipates third quarter 2025 non-GAAP operating profit to range between RMB 490 million and RMB 560 million. This guidance reflects the company's current and preliminary views on market and operational conditions and may be subject to future adjustments.

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