Jiayin Group (JFIN) Q1 2025 Earnings Call June 04, 2025 08:00 AM ET Company Participants Sam Lee - Head - IRYifang Xu - Chief Risk Officer & DirectorChunlin Fan - Chief Financial OfficerYuxuan Chen - VP - Quant Trader of Prop Trading Conference Call Participants None - Analyst Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Jiayin Group's First Quarter twenty twenty five Earnings Conference Call. Currently, all participants are in a listen only mode. Later, we will con ...

Jiayin Group (JFIN) Q1 2025 Earnings Call June 04, 2025 08:00 AM ET Speaker0 Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Jiayin Group's First Quarter twenty twenty five Earnings Conference Call. Currently, all participants are in a listen only mode. Later, we will conduct a question and answer session and instructions will follow at that time. As a reminder, we are recording today's call. If you have any objections, you may disconnect at this time. I will now turn the call ...

Investment Rating - The report assigns a "Buy" rating to Qifu Technology with a 12-month price target of US$58.50, while the current price is US$42.94 [5][25]. Core Insights - Qifu Technology is experiencing stable operating trends in Q2 2025, with a modest quarter-over-quarter decline in loan volume expected due to a strong Q1 and a soft start in Q2 [2]. - The company reaffirms its 2025 net take rate target of 5.2-5.3%, indicating a positive outlook for loan volume growth of 6-7% [3]. - Regulatory risks are considered manageable, with expectations for better clarity on new loan facilitation regulations before October [4]. Summary by Sections Financial Performance - Qifu Technology's revenues are projected to grow from Rmb16,939 million in 2024 to Rmb18,793 million in 2025, with net earnings expected to increase from Rmb6,264 million in 2024 to Rmb6,857 million in 2025 [8]. - The diluted EPS is forecasted to rise from Rmb42.38 in 2024 to Rmb53.52 in 2025 [6]. Market Position - The company is a leading loan facilitation platform in China, focusing on consumer loans and utilizing both credit-driven and platform service models [10]. - The market capitalization of Qifu Technology is approximately US$5.96 billion, with a free float of 79% [5]. Valuation Metrics - The report indicates a P/E ratio of 5.8 for 2025 and a P/BV ratio of 1.6, suggesting a favorable valuation compared to historical performance [8]. - Forecast returns include a price appreciation of 36.2% and a dividend yield of 3.4%, leading to an overall forecast stock return of 39.7% [9].