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SHANGHAI - On Wednesday, Jiayin Group Inc . (NASDAQ:JFIN), a leading fintech platform in China, reported strong second quarter results with total loan facilitation volume increasing 54.6% YoY to RMB37.1 billion ($5.2 billion) and net revenue rising 27.8% to RMB1.89 billion ($263.3 million).
Jiayin’s stock edged up 0.93% in after hours trading following the earnings announcement.
The company’s income from operations surged 181.4% to RMB639.1 million ($89.2 million) compared to the same period last year. Net income reached RMB519.1 million ($72.5 million), representing a 117.8% increase from RMB238.3 million in the second quarter of 2024.
"In the second quarter, loan facilitation volume amounted to RMB37.1 billion, marking a new quarterly record since the Company’s listing," said Mr. Yan Dinggui, the Company’s Founder, Director, and Chief Executive Officer. "Non-GAAP income from operation totaled RMB737.6 million, demonstrating the resilience and adaptability of our core business model amid macroeconomic uncertainty."
The company’s repeat borrower contribution increased to 75.6% of total loan facilitation volume, up from 73.4% in the same period of 2024, while maintaining a 90-day+ delinquency ratio of 1.12% as of June 30, 2025.
For the full year 2025, Jiayin expects loan facilitation volume to be between RMB137.0 billion and RMB142.0 billion. For the third quarter, the company forecasts loan facilitation volume between RMB32.0 billion and RMB34.0 billion, with non-GAAP income from operations expected to range from RMB0.49 billion to RMB0.56 billion.
The Board also approved an adjustment to the existing share repurchase plan, increasing the authorized amount for repurchase to $80 million through June 12, 2026. As of August 20, 2025, the company had repurchased approximately 4.6 million ADSs for approximately $30.4 million.
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