FinVolution Group (FINV) stock analysis

FINVNYSELoan BrokersFiscal year ends December 31Also trades as FVGPY

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026Score 8/30

$2.72−0.10 (-3.55%)

Close on Nov 12, 2026Market cap $1.32BP/E 1.9Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Weak8 of 30 checks passed

FinVolution passes 8 of the 30 checks behind our score; 18 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation: 0/6
Growth: 1/6
Past performance: 5/6
Financial health: 2/6
Dividend: 0/6

What stands out

Return on equity over 15%
Return on equity was 16.0% over the last twelve months and averaged 19.3% over five years.
Low debt
Debt is 1.0% of shareholders' equity, under the 40% we consider low.
Earnings grew over 5 years
Net income grew 5.2% a year on average over the last five fiscal years.
Earnings growth accelerating
Net income grew 6.7% over the last twelve months, against a 5-year average of 5.2% a year.

What to watch

Revenue growing under 10% a year
Revenue grew -89.3% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew 7.2% a year over the last three fiscal years.
Growing slower than the industry
Revenue grew 3.9% over the last twelve months; the Non-depository Credit Institutions median is 33.7%.
No dividend
FinVolution has not paid a dividend in the last twelve months.

Valuation0/6

P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.

Growth1/6

Revenue growing under 10% a year
Revenue grew -89.3% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew 7.2% a year over the last three fiscal years.
Earnings growth accelerating
Net income grew 6.7% over the last twelve months, against a 5-year average of 5.2% a year.
Growing slower than the industry
Revenue grew 3.9% over the last twelve months; the Non-depository Credit Institutions median is 33.7%.
Guidance issued
The latest outlook (full-year 2026 total revenue, Mar 18, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin trend
This company does not report gross profit.

Past performance5/6

Return on equity over 15%
Return on equity was 16.0% over the last twelve months and averaged 19.3% over five years.
Return on invested capital
Needs operating income and invested capital.
Return on equity above the industry
FinVolution's return on equity of 16.0% is above the Non-depository Credit Institutions median of -9.9%.
Earnings grew over 5 years
Net income grew 5.2% a year on average over the last five fiscal years.
Net margin above its 5-year average
Net margin was 18736% over the last twelve months, against a 5-year average of 11136%.
Net margin above the industry
FinVolution's net margin of 18736% is above the Non-depository Credit Institutions median of 10.7%.

Financial health2/6

Low debt
Debt is 1.0% of shareholders' equity, under the 40% we consider low.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 1096% of total debt.
Interest coverage
Interest expense is not reported separately.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.

Dividend0/6

No dividend
FinVolution has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for FinVolution. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Medium risk

Average value traded per day: $2.37M
Value traded per 1% price move: $1.13M

Downside

High risk

Typical loss in a bad month: 28.3%
Volatility (annualized): 50%
Sharpe ratio, 1 year: -1.17
Beta to the S&P 500 (5Y): 0.66

Typical bad-month loss, week by week

Margins

Share of revenue, fiscal years 2014 to 2025

Net margin

18736.2%+18710.1 pts over 5 years

Growth rates

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+3.9%	-89.3%	-71.8%	-23.5%
Net income	+6.7%	+3.9%	+5.2%	–
EPS, diluted	+6.1%	+7.2%	+7.8%	–
Free cash flow	-37.8%	+113.2%	-4.1%	–

Returns and balance sheet

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	–	24.2%	16.0%
Return on assets	–	11.9%	10.4%
Capex to revenue	2.5%	0.1%	620.4%
Diluted shares	665M	1.49B	1.33B

DuPont analysis

Return on equity split into margin, efficiency and leverage

Net margin18736.2%

Asset turnover0.00×

Equity multiplier1.54×

Return on equity, FY202516.0%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	18736.2%	0.00×	1.54×	16.0%
FY2024	18239.5%	0.00×	1.55×	16.5%
FY2023	18655.9%	0.00×	1.63×	17.9%
FY2022	20.4%	0.56×	1.72×	19.7%
FY2021	26.5%	0.57×	1.74×	26.4%
FY2020	26.1%	0.46×	2.03×	24.2%
FY2019	39.8%	0.38×	2.27×	34.2%
FY2018	58.5%	0.39×	2.28×	51.7%
FY2017	27.6%	0.73×	3.38×	68.0%