X Financial(US:XYF)2025-05-20 11:04Company Overview - X Financial is a leading Chinese fintech platform[9] - As of March 31, 2025, the loan balance was RMB 58,403 million[11] - In the first quarter of 2025, the total loan facilitation and origination amount was RMB 35,149 million[10] - The company utilizes a technology-driven approach to servicing borrowers and funding partners[20] Financial Performance - Total net revenue for FY2024 was RMB 5,872 million, compared to RMB 4,815 million in FY2023[57] - Non-GAAP adjusted net income for FY2024 was RMB 1,539 million, compared to RMB 1,277 million in FY2023[59] - Total net revenue for 1Q 2025 was RMB 1,938 million, compared to RMB 1,208 million in 1Q 2024[57] - Non-GAAP adjusted net income for 1Q 2025 was RMB 467 million, compared to RMB 322 million in 1Q 2024[59] Balance Sheet - As of March 31, 2025, total assets were RMB 12,093 million[75] - As of March 31, 2025, total equity was RMB 7,435 million[75]