XYFNYSEFinance ServicesFiscal year ends December 31

X Financial

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026

$5.10+0.12 (+2.41%)

Close on Oct 19, 2026

X Financial balance sheet

Annual Quarterly

CNY USD

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Cash & Equivalents	988	985	1,195	1,007	992	1,599	1,520	1,278	684	505	363
Short-Term Investments	–	–	–	–	–	6.00	–	–	–	–	–
Cash & Short-Term Investments	988	985	1,195	1,007	992	1,605	1,520	1,278	684	505	363
Prepaid Expenses & Other	44	34	49	71	213	404	707	115	82	–	–
Other Current Assets	8.04	5.48	16	11	6.60	11	45	25	–	–	–
Property, Plant & Equipment	24	16	8.64	5.86	6.19	11	20	23	21	–	–
Gross Property, Plant & Equipment	74	61	51	50	46	48	47	40	29	–	–
Accumulated Depreciation	-50	-46	-42	-44	-40	-37	-27	-17	-7.77	–	–
Long-Term Investments	516	498	493	496	560	296	292	287	54	–	–
Equity Method Investments	112	141	103	121	83	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	45	39	51	63	25	45	62	–	–	–	–
Intangible Assets	39	37	37	37	37	37	35	28	1.62	–	–
Deferred Tax Assets	455	198	136	88	275	606	465	347	–	–	–
Other Long-Term Assets	53	45	55	67	31	51	69	6.81	3.75	–	–
Total Assets	14,666	11,819	11,650	8,838	7,343	7,498	8,281	4,637	3,888	–	–
Short-Term Debt	410	329	565	50	167	351	–	–	–	–	–
Current Debt	410	329	565	50	167	351	–	–	–	–	–
Current Portion of Leases	11	13	13	11	12	17	20	–	–	–	–
Operating Lease Liabilities	46	40	50	62	24	44	63	–	–	–	–
Deferred Tax Liabilities	70	66	30	0.72	–	–	1.31	47	–	–	–
Other Long-Term Liabilities	35	28	38	51	12	28	42	–	–	–	–
Total Liabilities	6,829	4,866	5,803	4,084	3,366	4,422	3,914	1,119	2,122	–	–
Total Debt	410	329	565	50	167	351	–	–	–	–	–
Common Stock	0.21	0.21	0.21	0.21	0.21	0.20	0.20	0.19	0.17	–	–
Additional Paid-In Capital	3,256	3,207	3,197	3,191	3,160	3,068	2,987	2,824	1,972	–	–
Retained Earnings	5,484	4,175	2,692	1,623	811	-15	1,311	640	-243	–	–
Treasury Stock	-968	-510	-112	-125	–	–	–	–	–	–	–
Comprehensive Income & Other	64	81	69	64	6.31	21	67	52	33	–	–
Shareholders' Equity	7,837	6,953	5,847	4,753	3,977	3,075	4,366	3,517	1,762	–	–
Noncontrolling Interest	–	–	–	–	–	1.29	1.25	1.05	3.21	–	–
Total Equity	7,837	6,953	5,847	4,753	3,977	3,076	4,367	3,518	1,766	377	410
Total Liabilities & Equity	14,666	11,819	11,650	8,838	7,343	7,498	8,281	4,637	3,888	–	–
Shares Outstanding(shares)	235	251	294	288	329	323	321	304	280	–	–
Loans, Net	–	–	–	3,810	2,484	1,236	290	128	198	–	–
Allowance for Credit Losses	236	176	189	106	55	103	25	–	–	–	–
Deposits	12	12	20	20	21	21	109	134	134	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 73.6%
Operating margin: 21.3%
Net margin: 19.2%
Return on equity, FY2025: 19.8%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.