CNFinance Reports $0.09 GAAP EPS and $65.99M in Interest & Fees Income
June 20, 2023
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This growth in income and EPS reflects the efforts made by CNFINANCE HOLDINGS ($NYSE:CNF) to diversify its loan portfolio and expand its presence in the Chinese credit market. In addition to providing unsecured consumer loans, CNFINANCE HOLDINGS has also been offering mortgages and other secured loans. This strategy has helped the company to expand its customer base, resulting in higher earnings and income. The company is also continuing to invest in its technology infrastructure to improve its operational efficiency.
This is expected to reduce the cost of servicing loans and help CNFINANCE HOLDINGS to remain competitive in the market. Going forward, investors can expect to see further improvements in CNFINANCE HOLDINGS’ performance as it continues to invest in its technology and loan portfolio.
Market Price
The stock opened at $3.1 and closed at $3.0, falling 0.7% from the prior closing price of $3.0. Investors reacted to the news with mixed sentiment, as the company reported lower than expected earnings per share while still showing strong income growth. Investors will be watching the performance of CNFINANCE HOLDINGS and its stock price in the coming weeks to assess the company’s overall performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cnfinance Holdings. More…
| Total Revenues | Net Income | Net Margin |
| – | 141.61 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cnfinance Holdings. More…
| Operations | Investing | Financing |
| 919.25 | -1.1k | -288.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cnfinance Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.43k | 10.41k | – |
Key Ratios Snapshot
Some of the financial key ratios for Cnfinance Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -16.1% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
GoodWhale conducted an analysis of CNFINANCE HOLDINGS‘s wellbeing and based on our Star Chart, CNFINANCE HOLDINGS is classified as a ‘Rhino’, a type of company that has achieved moderate revenue or earnings growth. According to our analysis, CNFINANCE HOLDINGS is strong in terms of liquidity, medium in profitability, assets, and weak in growth and dividend. Our health score for CNFINANCE HOLDINGS is 4/10 considering its cashflows and debt; this indicates that the company might be able to pay off debt and fund future operations. This type of company may be interesting to value investors looking for long-term returns and companies that can provide steady cash flows. Furthermore, investors may also be interested in CNFINANCE HOLDINGS if they believe the company has potential for future growth or if they want to benefit from the company’s dividends. More…
Peers
CNFinance Holdings Ltd is in a fiercely competitive landscape against some of the biggest players in the financial services industry. Ocwen Financial Corp, Mr. Cooper Group Inc and Net Pacific Financial Holdings Ltd are all major competitors vying for the same market share and resources. These companies, as well as others, are all fighting to be the most successful in this market sector. As competition intensifies, CNFinance Holdings Ltd must continually strive to stay ahead of the competition in order to remain relevant in the industry.
– Ocwen Financial Corp ($NYSE:OCN)
Ocwen Financial Corp is a publicly traded company and one of the leading mortgage providers in the United States. As of 2023, Ocwen Financial Corp has a market cap of 224.93M. Market cap is the total market value of all of the company’s outstanding shares. This figure is calculated by multiplying the total number of outstanding shares of a company by the current market price of one share. For Ocwen Financial Corp, the total market value of all its outstanding shares stands at $224.93M as of 2023. Ocwen Financial Corp has been in the business of providing residential mortgage services such as loan originations, servicing and asset management for over 25 years. The company has built a reputation for being one of the most reliable and reputable mortgage services in the country.
– Mr. Cooper Group Inc ($NASDAQ:COOP)
Mr. Cooper Group Inc is a financial services company based in Dallas, Texas. It was formerly known as Nationstar Mortgage Holdings Inc. The company provides mortgage servicing and servicing portfolio management services, loan origination services, and mortgage banking services and products to customers in the United States. As of 2023, Mr. Cooper Group Inc has a market capitalization of 3.28 billion dollars. The company’s current portfolio stands at over 2.1 million customer accounts with over $185 billion worth of unpaid principal balance. Its services include processing payments, managing delinquencies, customer service, and helping customers with payment plans or loan modifications. With its strong focus on customer service and providing a range of options to customers, Mr. Cooper Group Inc continues to be one of the leaders in providing financial services to its customers.
– Net Pacific Financial Holdings Ltd ($SGX:5QY)
Pacific Financial Holdings Ltd is a Hong Kong-based financial services provider offering retail and corporate banking services, insurance, investments and asset management. As of 2023, the company has a market cap of 11.04M. Pacific Financial Holdings Ltd is well positioned to benefit from the positive economic outlook for Hong Kong and the region. It is committed to providing customers with comprehensive financial services, including deposit accounts, multi-currency debit cards, investment and insurance products, foreign exchange services, and payment solutions. The company also provides a range of wealth management services, such as asset management, discretionary and non-discretionary portfolio management, trust services, and private banking. With its well established network of branches and customer service centers, Pacific Financial Holdings Ltd is able to serve customers across the region.
Summary
CNFINANCE HOLDINGS is a financial company with a reported GAAP EPADS of $0.09 and total interest and fees income of $65.99M. Based on this information, investors should consider the company’s financial performance and potential for future growth. Analysts should compare the company’s financial performance to that of its competitors, in order to assess potential return on investment.
Additionally, investors can analyze the company’s stock movements to determine if it is undervalued or overvalued in the market. Lastly, investors can look into the company’s macroeconomic environment and the potential for future growth in the sector to make informed decisions regarding investing in CNFINANCE HOLDINGS.
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