JFIN vs QFIN
Jiayin Group Inc. and Qfin Holdings, Inc., side by side — 9 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | JFIN | QFIN |
|---|---|---|
| Revenue | CNY 6.2B | CNY 19.2B |
| Net income | CNY 1.5B | CNY 6.0B |
| Gross margin | · | 84.4% |
| Net margin | 24.7% | 31.1% |
| Return on equity | 40.6% | 24.7% |
| Diluted EPS | CNY 7.35 | CNY 22.01 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY 622.3M | CNY 10.8B |
| Equity | CNY 4.4B | CNY 24.1B |
| Net debt / equity | 0.12× | · |
| Current ratio | 1.88× | 2.43× |
| Revenue CAGR 5y | 36.8% | 7.2% |
| Profit CAGR 5y | 43.4% | 11.3% |
QFIN bills 3.1× the revenue of JFIN, and keeps more of each dollar of revenue as profit (31.1% against 24.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | JFIN | QFIN |
|---|---|---|
| FY2025 | CNY 6.2B | CNY 19.2B |
| FY2024 | CNY 5.8B | CNY 17.2B |
| FY2023 | CNY 5.5B | CNY 16.3B |
| FY2022 | CNY 3.3B | CNY 16.6B |
| FY2021 | CNY 1.8B | CNY 16.6B |
| FY2020 | CNY 1.3B | CNY 13.6B |
| FY2019 | CNY 2.2B | CNY 9.2B |
| FY2018 | CNY 2.9B | CNY 4.4B |
| FY2017 | CNY 2.3B | CNY 788.1M |
Bottom line
| Fiscal year | JFIN | QFIN |
|---|---|---|
| FY2025 | CNY 1.5B | CNY 6.0B |
| FY2024 | CNY 1.1B | CNY 6.2B |
| FY2023 | CNY 1.3B | CNY 4.3B |
| FY2022 | CNY 1.2B | CNY 4.0B |
| FY2021 | CNY 472.1M | CNY 5.8B |
| FY2020 | CNY 252.9M | CNY 3.5B |
| FY2019 | CNY 527.7M | CNY 2.5B |
| FY2018 | CNY 611.8M | CNY 1.2B |
| FY2017 | CNY 539.5M | CNY 164.9M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CNY 12,982,869,000 | QFIN |
| FY2024 | −CNY 11,364,624,000 | QFIN |
| FY2023 | −CNY 10,823,154,000 | QFIN |
| FY2022 | −CNY 13,282,516,000 | QFIN |
| FY2021 | −CNY 14,855,155,000 | QFIN |
| FY2020 | −CNY 12,263,794,000 | QFIN |
| FY2019 | −CNY 6,989,671,000 | QFIN |
| FY2018 | −CNY 1,565,078,000 | QFIN |
| FY2017 | +CNY 1,462,706,000 | JFIN |
The higher-revenue side has changed between JFIN and QFIN over this period. The gap has widened since the earliest year compared.
9 of 9 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −6.4 pp | QFIN |
| FY2024 | −18.2 pp | QFIN |
| FY2023 | −2.5 pp | QFIN |
| FY2022 | +11.9 pp | JFIN |
| FY2021 | −6.0 pp | QFIN |
| FY2020 | −5.1 pp | QFIN |
| FY2017 | +6.4 pp | JFIN |
The higher net margin has changed hands between JFIN and QFIN over this period.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
JFIN's net margin has been more volatile than QFIN's over the 7 comparable fiscal years — 5.4 percentage points of standard deviation against 5.3.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between JFIN and QFIN over these 7 fiscal years — JFIN led in 2 and QFIN in 5.
7 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
JFIN's return on equity has been more volatile than QFIN's over the 4 comparable fiscal years — 60.1 percentage points of standard deviation against 2.2.
4 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
JFIN led in return on equity in every one of the 4 comparable fiscal years — a structural lead, not a recent swing.
4 of 8 comparable fiscal years — a year missing data on either side is not counted.