X Financial(US:XYF) Prnewswireยท2025-08-18 20:50Core Insights - X Financial reported strong financial results for Q2 2025, with total net revenue reaching RMB 2,273.1 million (approximately $317.3 million), representing a year-over-year increase of 65.6% [2][8] - The company facilitated and originated loans totaling RMB 38.99 billion (approximately $5.43 billion), marking a 71.4% increase year-over-year [2][8] - Active borrowers increased by 427,000 in the quarter, bringing the total to 2.85 million, a rise of 73.7% year-over-year [2][8] Financial Performance - Total net revenue for Q2 2025 was RMB 2,273.1 million, up from RMB 1,372.6 million in Q2 2024, reflecting a 65.6% increase [2][8] - Net income rose to RMB 528.0 million (approximately $73.7 million), a 27.1% increase from RMB 415.3 million in the same quarter last year [2][8] - Non-GAAP adjusted net income for the quarter was RMB 593.2 million (approximately $82.8 million), up 58.3% year-over-year [2][8] Business Outlook - For Q3 2025, X Financial expects total loan facilitation and origination to be between RMB 32.0 billion and RMB 34.0 billion, indicating a strategic moderation from Q2 levels to focus on asset quality and profitability [9] - The company has repurchased approximately 16.7 million Class A ordinary shares for about $47.7 million under its share repurchase program, with $68.2 million remaining under a new $100 million program [9] - A semi-annual dividend of $0.28 per ADS has been declared, payable to shareholders on record as of September 26, 2025 [9]