Jiayin Group(US:JFIN) Globenewswire·2026-03-31 10:00Core Viewpoint - Jiayin Group Inc. reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025, highlighting a strategic shift towards prioritizing asset quality amidst a tightening regulatory environment, resulting in decreased loan facilitation volume and net income for the fourth quarter, while achieving overall growth in loan facilitation volume for the full year 2025 [1][11][12]. Fourth Quarter 2025 Operational and Financial Highlights - Loan facilitation volume was RMB24.2 billion (US$3.5 billion), a decrease of 12.6% from the same period in 2024 [7]. - Average borrowing amount per borrowing increased to RMB9,846 (US$1,408), up 26.1% from the same period in 2024 [7]. - Repeat borrowing contribution rose to 79.4% compared to 72.7% in the same period of 2024 [7]. - The 90 day+ delinquency ratio was 2.03% as of December 31, 2025 [7]. - Net revenue was RMB1,090.2 million (US$155.9 million), down 22.4% from the same period in 2024 [7][13]. - Income from operation decreased to RMB94.6 million (US$13.5 million) from RMB392.6 million in the same period of 2024 [7][19]. - Net income was RMB100.6 million (US$14.4 million), compared to RMB275.5 million in the same period of 2024 [7][19]. Full Year 2025 Operational and Financial Highlights - Total loan facilitation volume reached RMB129.0 billion (US$18.4 billion), an increase of 28.0% from 2024 [8]. - Average borrowing amount per borrowing was RMB8,601 (US$1,230), slightly up from RMB8,536 in 2024 [8]. - Repeat borrowing contribution was 76.0%, compared to 74.2% in 2024 [8]. - Net revenue increased to RMB6,222.2 million (US$889.8 million), up 7.3% from 2024 [21]. - Income from operation was RMB1,797.3 million (US$257.0 million), compared to RMB1,248.0 million in 2024 [25]. - Net income rose to RMB1,535.7 million (US$219.6 million), compared to RMB1,056.5 million in 2024 [26]. Regulatory Update - A new regulatory framework was implemented on October 1, 2025, mandating stricter compliance measures for the loan facilitation industry, including transparency in fees and borrower information [30]. - The regulations are expected to impact the Company's operating results, but management believes they will support a more sustainable long-term trajectory [31]. Business Outlook - The Company anticipates loan facilitation volume for the first quarter of 2026 to be between RMB18.5 billion and RMB19.5 billion, reflecting a strategic recalibration towards asset quality and operational resilience [29]. Share Repurchase Plan Update - The Board approved a share repurchase plan with an aggregate value of up to US$80 million, with approximately 4.6 million ADSs repurchased for about US$30.4 million as of March 31, 2026 [32]. Dividend Policy - The Board approved an adjustment to the dividend policy, allowing for an annual cash dividend of around 30% of the net income after tax from the previous fiscal year, starting from 2025 [34][35].