JFIN vs XYF
Jiayin Group Inc. and X Financial, side by side — 9 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | JFIN | XYF |
|---|---|---|
| Revenue | CNY 6.2B | CNY 7.6B |
| Net income | CNY 1.5B | CNY 1.5B |
| Gross margin | · | 73.6% |
| Net margin | 24.7% | 19.2% |
| Return on equity | 40.6% | 19.8% |
| Diluted EPS | CNY 7.35 | CNY 5.87 |
| Dividend / share | · | $0.09 |
| Payout ratio | · | 10.6% |
| Free cash flow | CNY 622.3M | CNY 1.4B |
| Equity | CNY 4.4B | CNY 7.8B |
| Net debt / equity | 0.12× | −0.07× |
| Current ratio | 1.88× | · |
| Revenue CAGR 5y | 36.8% | 28.4% |
| Profit CAGR 5y | 43.4% | · |
XYF bills 1.2× the revenue of JFIN, and JFIN keeps more of each dollar of revenue as profit (24.7% against 19.2%).
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 | XYF |
|---|---|---|
| FY2025 | CNY 6.2B | CNY 7.6B |
| FY2024 | CNY 5.8B | CNY 5.9B |
| FY2023 | CNY 5.5B | CNY 4.8B |
| FY2022 | CNY 3.3B | CNY 3.6B |
| FY2021 | CNY 1.8B | CNY 3.6B |
| FY2020 | CNY 1.3B | CNY 2.2B |
| FY2019 | CNY 2.2B | CNY 3.1B |
| FY2018 | CNY 2.9B | CNY 3.5B |
| FY2017 | CNY 2.3B | CNY 1.8B |
Bottom line
| Fiscal year | JFIN | XYF |
|---|---|---|
| FY2025 | CNY 1.5B | CNY 1.5B |
| FY2024 | CNY 1.1B | CNY 1.5B |
| FY2023 | CNY 1.3B | CNY 1.2B |
| FY2022 | CNY 1.2B | CNY 812.0M |
| FY2021 | CNY 472.1M | CNY 825.4M |
| FY2020 | CNY 252.9M | CNY -1.3B |
| FY2019 | CNY 527.7M | CNY 774.3M |
| FY2018 | CNY 611.8M | CNY 883.1M |
| FY2017 | CNY 539.5M | CNY 340.3M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CNY 1,417,234,431 | XYF |
| FY2024 | −CNY 70,749,746 | XYF |
| FY2023 | +CNY 651,988,970 | JFIN |
| FY2022 | −CNY 291,536,115 | XYF |
| FY2021 | −CNY 1,845,975,105 | XYF |
| FY2020 | −CNY 892,797,458 | XYF |
| FY2019 | −CNY 857,873,995 | XYF |
| FY2018 | −CNY 658,660,044 | XYF |
| FY2017 | +CNY 463,914,807 | JFIN |
The higher-revenue side has changed between JFIN and XYF over this period. The gap has widened since the earliest year compared.
9 of 10 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +5.5 pp | JFIN |
| FY2024 | −8.0 pp | XYF |
| FY2023 | −0.9 pp | XYF |
| FY2022 | +13.3 pp | JFIN |
| FY2021 | +5.9 pp | JFIN |
| FY2020 | +80.4 pp | JFIN |
| FY2017 | +8.3 pp | JFIN |
The higher net margin has changed hands between JFIN and XYF over this period.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
XYF's net margin has been more volatile than JFIN's over the 7 comparable fiscal years — 28.8 percentage points of standard deviation against 5.4.
7 of 10 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 XYF over these 7 fiscal years — JFIN led in 5 and XYF in 2.
7 of 10 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 XYF's over the 4 comparable fiscal years — 60.1 percentage points of standard deviation against 2.1.
4 of 10 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 10 comparable fiscal years — a year missing data on either side is not counted.