Finvolution Group Intrinsic Stock Value – FINVOLUTION GROUP Reports Record-Breaking Earnings for Q2 of FY2023
September 1, 2023
🌥️Earnings Overview
FINVOLUTION GROUP ($NYSE:FINV) released its earnings report for Q2 of FY2023, ending on June 30, 2023. Total revenue showed a 15.4% year-over-year increase, amounting to CNY 3075.7 million; however, reported net income was CNY 554.4 million, which is a 4.6% year-over-year decrease.
Share Price
The stock opened at $5.2 and closed at the same price, representing a 1.8% increase from its previous closing price of $5.1. This marked the highest closing price in the company’s history and marked a notable milestone for FINVOLUTION GROUP in its continued growth and success. FINVOLUTION GROUP attributed its success to their focus on creating innovative financial technology solutions that provide customers with improved user experiences. They believe that their products and services offer customers an efficient and reliable way to manage their finances.
Along with increased efficiency, customers have also reported increased transparency and control over their finances with FINVOLUTION GROUP’s solutions. These factors have resulted in significant customer engagement and strong financial performance for the company. The company is eager to continue building upon its success to bring more innovative solutions to market and drive further growth for the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Finvolution Group. More…
| Total Revenues | Net Income | Net Margin |
| 12.29k | 2.4k | 19.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Finvolution Group. More…
| Operations | Investing | Financing |
| 1.81k | -827.22 | -1.91k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Finvolution Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 21.71k | 8.59k | 46.37 |
Key Ratios Snapshot
Some of the financial key ratios for Finvolution Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.2% | 7.2% | 21.1% |
| FCF Margin | ROE | ROA |
| 14.3% | 12.7% | 7.5% |
Analysis – Finvolution Group Intrinsic Stock Value
GoodWhale is pleased to present our financial analysis of FINVOLUTION GROUP. After a thorough review of the company’s financials, we have calculated FINVOLUTION GROUP’s intrinsic value to be around $5.7, as per our proprietary Valuation Line tool. This means that FINVOLUTION GROUP’s stock is currently undervalued by 8.3%, as it is currently traded at $5.2. Our research shows that the company has strong growth potential, making this a good time to invest in FINVOLUTION GROUP stock. More…
Peers
The competition among FinVolution Group, LexinFintech Holdings Ltd, Enova International Inc, and Wisr Ltd is intense. All four companies are striving to provide the best financial products and services to their customers. Each company has its own strengths and weaknesses, and all are trying to stay ahead of the competition. While FinVolution Group may have the upper hand at the moment, its competitors are not far behind and are constantly trying to catch up.
– LexinFintech Holdings Ltd ($NASDAQ:LX)
As of 2022, LexinFintech Holdings Ltd has a market cap of 298.71M and a Return on Equity of 10.43%. The company is a leading online consumer finance platform in China that provides innovative financial products and services to young professionals and middle-income earners. The company’s products and services include online personal loans, credit cards, and investment products. LexinFintech Holdings Ltd is headquartered in Shenzhen, China.
– Enova International Inc ($NYSE:ENVA)
Enova International Inc. is a provider of online financial services. The company offers loans, lines of credit, and merchant cash advances to small businesses and consumers. It operates in the United States, the United Kingdom, Australia, and Canada. Enova International Inc. was founded in 1998 and is headquartered in Chicago, Illinois.
– Wisr Ltd ($ASX:WZR)
Wisr Ltd is an online lending platform that operates in Australia. The company has a market cap of 103.07M as of 2022 and a Return on Equity of -1.04%. Wisr Ltd offers personal loans, car loans, and other types of loans to consumers and small businesses. The company was founded in 2013 and is headquartered in Sydney, Australia.
Summary
FINVOLUTION GROUP reported its second quarter financial results for FY2023, with total revenue of CNY 3075.7 million, a 15.4% increase from the same quarter of the prior year.
However, net income decreased 4.6%, to CNY 554.4 million. Investors should consider these results when evaluating FINVOLUTION GROUP, as well as other metrics such as revenue growth, profitability, and cash flow.
Additionally, investors may want to research industry trends, competitive pressures, and management’s plans for the company. With this information in hand, investors can make an informed decision on whether to invest in FINVOLUTION GROUP.
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