FinVolution Group
FinVolution Group, an investment holding company, operates in the online consumer finance industry in the People's Republic of China, Indonesia, and internationally. It operates an online consumer finance platform through its ppdai.com and PPDai mobile application; KOO Virtual Credit; AdaKami, an online loan platform; and JuanHand for lending and other personalized financial services. The company… Read more
FinVolution Group (FINV) - Net Assets
Latest net assets as of September 2025: $16.71 Billion USD
Based on the latest financial reports, FinVolution Group (FINV) has net assets worth $16.71 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.29 Billion) and total liabilities ($9.58 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.71 Billion |
| % of Total Assets | 63.58% |
| Annual Growth Rate | 56.98% |
| 5-Year Change | 84.5% |
| 10-Year Change | N/A |
| Growth Volatility | 117.33 |
FinVolution Group - Net Assets Trend (2015–2024)
This chart illustrates how FinVolution Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FinVolution Group (2015–2024)
The table below shows the annual net assets of FinVolution Group from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $15.55 Billion | +12.13% |
| 2023-12-31 | $13.87 Billion | +11.46% |
| 2022-12-31 | $12.44 Billion | +16.20% |
| 2021-12-31 | $10.71 Billion | +27.04% |
| 2020-12-31 | $8.43 Billion | +5.23% |
| 2019-12-31 | $8.01 Billion | +33.84% |
| 2018-12-31 | $5.99 Billion | +62.56% |
| 2017-12-31 | $3.68 Billion | +376.83% |
| 2016-12-31 | $772.22 Million | +187.74% |
| 2015-12-31 | $268.38 Million | -- |
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 1135431400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.06 Billion | 72.75% |
| Common Stock | $103.00K | 0.00% |
| Other Comprehensive Income | $92.63 Million | 0.61% |
| Other Components | $4.05 Billion | 26.64% |
| Total Equity | $15.20 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 |
|---|---|
|
BSP Financial Group Ltd
AU:BFL
|
$1.53 Billion |
|
K+S Aktiengesellschaft
F:SDF1
|
$1.53 Billion |
|
Piramal Enterprises Limited
NSE:PEL
|
$1.53 Billion |
|
Zhefu Holding Group Co Ltd
SHE:002266
|
$1.53 Billion |
|
Zhuzhou Kibing Group Co Ltd
SHG:601636
|
$1.53 Billion |
|
Sunstone Development Co Ltd
SHG:603612
|
$1.52 Billion |
|
ZYMEWORKS DL-00001
F:ZA8
|
$1.52 Billion |
|
Red Avenue New Materials Group Co Ltd
SHG:603650
|
$1.52 Billion |
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 2023 to 2024, total equity changed from 13,748,785,000 to 15,204,064,000, a change of 1,455,279,000 (10.6%).
- Net income of 2,383,146,000 contributed positively to equity growth.
- Dividend payments of 441,331,000 reduced retained earnings.
- Share repurchases of 643,208,000 reduced equity.
- Other comprehensive income decreased equity by 749,852,000.
- Other factors increased equity by 906,524,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.38 Billion | +15.67% |
| Dividends Paid | $441.33 Million | -2.9% |
| Share Repurchases | $643.21 Million | -4.23% |
| Other Comprehensive Income | $-749.85 Million | -4.93% |
| Other Changes | $906.52 Million | +5.96% |
| Total Change | $- | 10.58% |
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: 0.11x
- 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 6.90x to 0.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.90 | $6.18 | x |
| 2016-12-31 | $2.58 | $6.18 | x |
| 2017-12-31 | $11.61 | $6.18 | x |
| 2018-12-31 | $18.52 | $6.18 | x |
| 2019-12-31 | $25.60 | $6.18 | x |
| 2020-12-31 | $28.04 | $6.18 | x |
| 2021-12-31 | $35.94 | $6.18 | x |
| 2022-12-31 | $42.54 | $6.18 | x |
| 2023-12-31 | $49.00 | $6.18 | x |
| 2024-12-31 | $57.58 | $6.18 | 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): 15.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.24%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.55x
- Recent ROE (15.67%) is below the historical average (23.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -26.88% | -36.86% | 0.27x | 2.75x | $-98.98 Million |
| 2016 | 64.94% | 41.25% | 0.57x | 2.78x | $424.27 Million |
| 2017 | 29.90% | 27.58% | 0.46x | 2.38x | $720.77 Million |
| 2018 | 41.68% | 54.34% | 0.35x | 2.22x | $1.88 Billion |
| 2019 | 29.85% | 39.79% | 0.33x | 2.30x | $1.58 Billion |
| 2020 | 23.59% | 26.08% | 0.51x | 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% | 18.24% | 0.55x | 1.55x | $862.74 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: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FinVolution Group (FINV) | $16.71 Billion | -26.88% | 0.57x | $1.53 Billion |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |