FinVolution Group chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 37.24
Dividend & Yield0.20$ (4.04%)
Beta 0.62
Market capitalization 1.46B
Operating cash flow 186.46M
ESG Scores unknown

Company description

FinVolution Group operates a fintech platform that connects underserved individual borrowers with financial institutions in the People's Republic of China. It operates in online consumer finance industry. The company's platform is empowered by proprietary technologies, features automated loan transaction process, which enables a user experience. As of September 30, 2022, it had approximately 154.3 million cumulative registered users. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019. FinVolution Group was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.

Sector: Financial Services - Industry: Credit Services

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -40.66M -17.86M -499.99M -430.8M
Total Cashflows From Investing Activities -1.45B -828.22M 1.04B 1.99B
Net Borrowings 23.32M 210M -235M
Total Cash From Financing Activities 530.1M 1.75B -3.09B -239.8M
Change To Operating Activities 174.59M -2.06B 1.33B 157.08M
Issuance Of Stock 1.2B 3.47B 772.78M 1.68B
Net Income 2.47B 2.37B 1.97B 2.51B
Change In Cash 1.01B 717.02M 105.66M 2.38B
Effect Of Exchange Rate 41.98M 11.25M -51.47M -10.13M
Total Cash From Operating Activities 1.88B -215.52M 2.21B 630.23M
Depreciation 42.16M 107.08M 93.16M 67.54M
Change To Account Receivables -805.77M -240.6M -227.78M -1.17B
Other Cashflows From Financing Activities -238.56M -1.5B -2.99B -1.57B
Change To Netincome 77.61M -283.82M -487.32M -552.62M
Capital Expenditures -83.58M -48.66M -11.02M -55.27M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 317.96M 390.58M 370.18M 434.85M
Income Before Tax 2.62B 2.86B 2.42B 2.74B
Net Income 2.47B 2.37B 1.97B 2.51B
Selling General Administrative 1.09B 1.16B 943.98M 2.1B
Gross Profit 3.43B 4.69B 6B 7.33B
Ebit 1.91B 2.88B 4.54B 4.65B
Operating Income 1.91B 2.88B 4.54B 4.65B
Interest Expense -60.09M -235.62M -228.32M -73.85M
Income Tax Expense 151.21M 481.96M 455.42M 240.82M
Total Revenue 4.6B 6.2B 7.79B 9.54B
Cost Of Revenue 1.18B 1.51B 1.79B 2.22B
Total Other Income ExpenseNet 713.98M -25.57M -2.12B -1.92B
Net Income From Continuing Ops 2.47B 2.37B 1.97B 2.5B
Net Income Applicable To Common Shares 2.47B 2.37B 1.97B 2.51B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 7.16B 10.29B 6.45B 7.43B
Total Stockholder Equity 5.92B 7.95B 8.36B 10.66B
Other Current Liabilities 225.1M 128.3M 154.4M 200.65M
Total Assets 13.14B 18.3B 14.88B 18.14B
Common Stock 102k 103k 103k 103k
Other Current Assets 5.97B 8.56B 5.58B 6.69B
Retained Earnings 301.67M 2.28B 3.11B 5.3B
Treasury Stock -273.91M 23.15M -406.76M -340.94M
Cash 1.62B 2.32B 2.63B 4.42B
Total Current Liabilities 625.61M 681.1M 604.7M 720.11M
Other Stockholder Equity 58.21M 70.32M -5.14M -16.77M
Property, Plant, and Equipment 144M 230.11M 148.84M 161.53M
Total Current Assets 12.57B 16.75B 13.42B 16.22B
Net Tangible Assets 5.8B 7.83B 8.21B 10.51B
Net Receivables 3.26B 5.73B 3.22B 3.87B
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to FinVolution Group:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to FinVolution Group. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on FinVolution Group

Here is the result of two systematic investment strategies applied to FinVolution Group. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on FinVolution Group

The following chart shows the equity curve of the two systematic investment strategies applied to FinVolution Group:

FinVolution Group automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 68.57% on the backtest period.

Performance at glance

Performance

68.57 %

Latent gain

1370.72 $

Invested capital

1999.08 $

Annualized return

17.06 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on FinVolution Group

This is the result of two momentum investment strategies applied to FinVolution Group. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on FinVolution Group

The following chart shows all the entries opened by the momentum investment system on FinVolution Group:

FinVolution Group momentum entries
  • The first momentum investment strategy would give 109.3% of return on FinVolution Group. That represents 4643.27$ of latent gain with 4248.13$ of employed capital.
  • The second momentum investment strategy would give 137.04% of return on FinVolution Group. That represents 4453.04$ of latent gain with 3249.36$ of employed capital.
Performance at glance (1Q Momentum)

Performance

109.3 %

Latent gain

4643.27 $

Invested capital

4248.13 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

137.04 %

Latent gain

4453.04 $

Invested capital

3249.36 $

Annualized return

38.71 %

Momentum equity curve on FinVolution Group

The following chart shows the equity curve of the two momentum strategies applied to FinVolution Group:

FinVolution Group momentum equity

Note: the dividends potentially given by FinVolution Group are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FinVolution Group

The following chart shows the employed capital evolution of the two momentum strategies on FinVolution Group since the beginning:

FinVolution Group

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on FinVolution Group

Buy the dip entry openings on FinVolution Group

FinVolution Group

The performance achieved by the robo-advisor on FinVolution Group is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows FinVolution Group stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of FinVolution Group, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to FinVolution Group

The following chart shows the result of the investment strategy applied to FinVolution Group:

FinVolution Group

Note: the dividends potentially given by FinVolution Group are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FinVolution Group

The following chart shows the employed capital evolution since the beginning of the investment strategy on FinVolution Group:

FinVolution Group

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on FinVolution Group

In this section, I will compare the three previous investment strategies applied to FinVolution Group.

Equity curve comparison on FinVolution Group

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

FinVolution Group investment strategy comparison

Employed capital comparison on FinVolution Group

FinVolution Group investment comparison

Performance comparison on FinVolution Group

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 68.57% 1370.72$ 1999.08$ 17.06%
Momentum 1 quarter 109.3% 4643.27$ 4248.13$ 28.92%
Momentum 2 quarters 137.04% 4453.04$ 3249.36$ 38.71%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

17.06 %

Momentum 1Q

38.71 %

Momentum 2Q

38.71 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with FinVolution Group:

Positive correlations

Most correlated stocks this year

  • FinVolution Group

  • Most correlated stocks last 3 months

  • FinVolution Group
  • Gaslog Partners LP

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between FinVolution Group and the other stocks. There may be false positives or some missing correlated stocks. If the price of FinVolution Group does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name FinVolution Group
    Country China
    City Shanghai
    Address Building G1
    Phone 86 21 8030 3200
    Website ir.finvgroup.com
    FullTime employees 4259
    Industry Credit Services
    Sector Financial Services
    Exchange XNYS
    Ticker FINV
    Market www.nyse.com

    FinVolution Group ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown