FinVolution Group (PP3) - Net Assets
Based on the latest financial reports, FinVolution Group (PP3) has net assets worth €16.84 Billion EUR (≈ $19.69 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€25.41 Billion ≈ $29.71 Billion USD) and total liabilities (€8.57 Billion ≈ $10.02 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FinVolution Group (PP3) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.84 Billion |
| % of Total Assets | 66.28% |
| Annual Growth Rate | 40.85% |
| 5-Year Change | 57.28% |
| 10-Year Change | N/A |
| Growth Volatility | 112.73 |
FinVolution Group - Net Assets Trend (2016–2025)
This chart illustrates how FinVolution Group's net assets have evolved over time, based on quarterly financial data. See FinVolution Group (PP3) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for FinVolution Group (2016–2025)
The table below shows the annual net assets of FinVolution Group from 2016 to 2025. For live valuation and market cap data, see market value of FinVolution Group.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €16.84 Billion ≈ $19.69 Billion |
+8.30% |
| 2024-12-31 | €15.55 Billion ≈ $18.18 Billion |
+12.13% |
| 2023-12-31 | €13.87 Billion ≈ $16.22 Billion |
+11.46% |
| 2022-12-31 | €12.44 Billion ≈ $14.55 Billion |
+16.20% |
| 2021-12-31 | €10.71 Billion ≈ $12.52 Billion |
+27.04% |
| 2020-12-31 | €8.43 Billion ≈ $9.86 Billion |
+5.23% |
| 2019-12-31 | €8.01 Billion ≈ $9.37 Billion |
+33.84% |
| 2018-12-31 | €5.99 Billion ≈ $7.00 Billion |
+62.56% |
| 2017-12-31 | €3.68 Billion ≈ $4.30 Billion |
+376.83% |
| 2016-12-31 | €772.22 Million ≈ $902.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FinVolution Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1240473800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €12.05 Billion | 72.82% |
| Other Components | €4.50 Billion | 27.18% |
| Total Equity | €16.55 Billion | 100.00% |
FinVolution Group Competitors by Market Cap
The table below lists competitors of FinVolution Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bide Pharmatech Co. Ltd. A
SHG:688073
|
$602.85 Million |
|
Tianjin Keyvia Electric Co Ltd
SHE:300407
|
$603.01 Million |
|
Jiangsu Jiangnan High Polymer Fiber Co Ltd
SHG:600527
|
$603.12 Million |
|
HealthStream Inc
NASDAQ:HSTM
|
$603.15 Million |
|
MK Restaurant Group Public Company Limited
BK:M
|
$602.74 Million |
|
Ironwood Pharmaceuticals Inc
NASDAQ:IRWD
|
$602.49 Million |
|
Qingdao Copton Technology Co Ltd
SHG:603798
|
$602.30 Million |
|
Jinneng Science&Tech Co Ltd
SHG:603113
|
$602.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FinVolution Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,204,064,000 to 16,550,101,000, a change of 1,346,037,000 (8.9%).
- Net income of 2,542,405,000 contributed positively to equity growth.
- Dividend payments of 510,201,000 reduced retained earnings.
- Share repurchases of 767,004,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.54 Billion | +15.36% |
| Dividends Paid | €510.20 Million | -3.08% |
| Share Repurchases | €767.00 Million | -4.63% |
| Other Changes | €80.84 Million | +0.49% |
| Total Change | €- | 8.85% |
Book Value vs Market Value Analysis
This analysis compares FinVolution Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.31x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.74x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.41 | €4.20 | x |
| 2018-12-31 | €3.98 | €4.20 | x |
| 2019-12-31 | €5.20 | €4.20 | x |
| 2020-12-31 | €5.95 | €4.20 | x |
| 2021-12-31 | €7.52 | €4.20 | x |
| 2022-12-31 | €8.75 | €4.20 | x |
| 2023-12-31 | €10.37 | €4.20 | x |
| 2024-12-31 | €12.01 | €4.20 | x |
| 2025-12-31 | €13.61 | €4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FinVolution Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.69%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.54x
- Recent ROE (15.36%) is below the historical average (27.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 64.94% | 41.49% | 0.56x | 2.78x | €424.27 Million |
| 2017 | 29.90% | 27.05% | 0.47x | 2.38x | €720.77 Million |
| 2018 | 41.68% | 58.52% | 0.32x | 2.22x | €1.88 Billion |
| 2019 | 29.85% | 48.86% | 0.27x | 2.30x | €1.58 Billion |
| 2020 | 23.59% | 30.59% | 0.43x | 1.78x | €1.14 Billion |
| 2021 | 23.55% | 26.49% | 0.52x | 1.70x | €1.44 Billion |
| 2022 | 18.32% | 20.36% | 0.52x | 1.73x | €1.03 Billion |
| 2023 | 17.03% | 18.58% | 0.59x | 1.55x | €965.96 Million |
| 2024 | 15.67% | 18.21% | 0.55x | 1.55x | €862.74 Million |
| 2025 | 15.36% | 18.69% | 0.54x | 1.54x | €887.39 Million |
Industry Comparison
This section compares FinVolution Group's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $5,986,047,880
- Average return on equity (ROE) among peers: 2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FinVolution Group (PP3) | €16.84 Billion | 64.94% | 0.51x | $602.75 Million |
| Yiren Digital Ltd (19YA) | $8.09 Billion | 25.73% | 0.27x | $103.04 Million |
| Qudian Inc (1QU) | $11.91 Billion | 8.05% | 0.12x | $272.58 Million |
| Yixin Group Limited (1YX) | $16.95 Billion | 7.07% | 2.21x | $1.21 Billion |
| TRUFIN PLC (29U) | $37.94 Million | -17.06% | 0.34x | $141.30 Million |
| 51 CREDIT CARD DL-00001 (2JY) | $711.22 Million | -11.63% | 0.60x | $100.05 Million |
| CREDIT CORP. GROUP LTD. (2RC) | $740.64 Million | 13.60% | 0.32x | $490.08 Million |
| HANHUA FNCL HLDG CO.H YC1 (5HF) | $7.93 Billion | 0.40% | 0.66x | $11.63 Million |
| Genertec Universal Medical Group Company Limited (5UM) | $13.45 Billion | 11.81% | 3.30x | $1.30 Billion |
| HARMONEY CORP. LTD (6DR) | $39.84 Million | -33.12% | 20.51x | $40.54 Million |
| PREMIA FINANCE O.N. (81U) | $2.89 Million | 20.84% | 0.56x | $1.82 Million |
About FinVolution Group
FinVolution Group, an investment holding company, operates in the online consumer finance industry in the People's Republic of China, Indonesia, Philippines, and internationally. It operates an online consumer finance platform through its ppdai.com and PPDai mobile application; AdaKami, an online loan platform; and JuanHand for lending and other personalized financial services. The company was fo… Read more