X Financial (NYSE:XYF) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.58b (up 13% from 3Q 2023).
• Net income: CN¥375.8m (up 8.3% from 3Q 2023).
• Profit margin: 24% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥7.89 (up from CN¥7.24 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

X Financial shares are up 16% from a week ago.

Risk Analysis

Be aware that X Financial is showing 3 warning signs in our investment analysis that you should know about...

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