嘿不溜秋
2023-05-18
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Press Release: FinVolution Group Reports First Quarter 2023 Unaudited Financial Results
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publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1684362600,"share":"https://www.laohu8.com/m/news/2336340847?lang=&edition=full","pubTime":"2023-05-18 06:30","market":"nz","language":"en","title":"Press Release: FinVolution Group Reports First Quarter 2023 Unaudited Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2336340847","media":"Dow Jones","summary":"------------- ------------- ------------- \nNet profit 534,259 ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n ------------- ------------- ------------- \nNet profit 534,259 689,820 100,446 \n Net profit attributable to \n non-controlling ,interest \n shareholders (404) (6,064) (883) \nNet profit attributable to \n FinVolution Group 534,663 695,884 101,329 \n Foreign currency translation \n adjustment, net of nil tax (2,546) (29,168) (4,247) \n Total comprehensive income \n attributable to FinVolution \n Group 532,117 666,716 97,082 \n ============= ============= ============= \nWeighted average number of \nordinary shares used \nin computing \nnet income per share \n Basic 1,431,746,490 1,410,573,744 1,410,573,744 \n Diluted 1,474,499,556 1,436,889,563 1,436,889,563 \nNet profit per share attributable \nto FinVolution Group's \nordinary shareholders \n Basic 0.37 0.49 0.07 \n Diluted 0.36 0.48 0.07 \nNet profit per ADS attributable \nto FinVolution Group's \nordinary shareholders (one ADS \nequal five ordinary shares) \n Basic 1.87 2.47 0.36 \n Diluted 1.81 2.42 0.35 \n \n \n FinVolution Group \n UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS \n (All amounts in thousands, except share data, or otherwise noted) \n \n Three Months Ended March 31, \n 2022 2023 \n RMB RMB USD \nNet cash (used in)/provided by \n operating activities (35,152) 672,286 97,892 \nNet cash (used in)/ provided by \n investing activities (1,743,175) 1,805,886 262,957 \nNet cash provided by/ (used in) \n financing activities 401,228 (886,716) (129,116) \nEffect of exchange rate changes on cash \n and cash equivalents (2,096) (26,403) (3,844) \nNet increase/ (decrease) in cash, cash \n equivalent and restricted cash (1,379,195) 1,565,053 227,889 \nCash, cash equivalent and restricted \n cash at beginning of period 8,491,541 6,479,087 943,428 \nCash, cash equivalent and restricted \n cash at end of period 7,112,346 8,044,140 1,171,317 \n \n \n FinVolution Group \n UNAUDITED Reconciliation of GAAP and Non-GAAP Results \n (All amounts in thousands, except share data, or otherwise noted) \n \n For the Three Months Ended March 31, \n 2022 2023 \n RMB RMB USD \n \nNet Revenues 2,446,794 3,050,643 444,208 \nLess: total operating expenses (1,864,753) (2,308,363) (336,123) \nOperating Income 582,041 742,280 108,085 \nAdd: share-based compensation \n expenses 20,098 20,359 2,964 \nNon-GAAP adjusted operating \n income 602,139 762,639 111,049 \n \nOperating Margin 23.8 % 25.0 % 25.0 % \nNon-GAAP operating margin 24.6 % 25.6 % 25.6 % \nNon-GAAP adjusted operating \n income 602,139 762,639 111,049 \nAdd: other income, net 50,849 82,777 12,053 \nLess: income tax expenses (98,631) (135,237) (19,692) \nNon-GAAP net profit 554,357 710,179 103,410 \nNet profit attributable to \n non-controlling interest \n shareholders (404) (6,064) (883) \nNon-GAAP net profit attributable \n to FinVolution Group 554,761 716,243 104,293 \n \nWeighted average number of \nordinary shares used in computing \nnet income per share \nBasic 1,431,746,490 1,410,573,744 1,410,573,744 \nDiluted 1,474,499,556 1,436,889,563 1,436,889,563 \nNon-GAAP net profit per share \nattributable to FinVolution \nGroup's ordinary shareholders \nBasic 0.39 0.51 0.07 \nDiluted 0.38 0.50 0.07 \nNon-GAAP net profit per ADS \nattributable to FinVolution \nGroup's ordinary shareholders \n(one ADS equal five ordinary \nshares) \nBasic 1.94 2.54 0.37 \nDiluted 1.88 2.49 0.36 \n \n</pre>\n<p>\n View original content:https://www.prnewswire.com/news-releases/finvolution-group-reports-first-quarter-2023-unaudited-financial-results-301827415.html \n</p>\n<p>\n SOURCE FinVolution Group \n</p>\n<pre>\n \n</pre>\n<p>\n (END) Dow Jones Newswires\n</p>\n<p>\n May 17, 2023 18:30 ET (22:30 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: FinVolution Group Reports First Quarter 2023 Unaudited Financial Results</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: FinVolution Group Reports First Quarter 2023 Unaudited Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-05-18 06:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n ------------- ------------- ------------- \nNet profit 534,259 689,820 100,446 \n Net profit attributable to \n non-controlling ,interest \n shareholders (404) (6,064) (883) \nNet profit attributable to \n FinVolution Group 534,663 695,884 101,329 \n Foreign currency translation \n adjustment, net of nil tax (2,546) (29,168) (4,247) \n Total comprehensive income \n attributable to FinVolution \n Group 532,117 666,716 97,082 \n ============= ============= ============= \nWeighted average number of \nordinary shares used \nin computing \nnet income per share \n Basic 1,431,746,490 1,410,573,744 1,410,573,744 \n Diluted 1,474,499,556 1,436,889,563 1,436,889,563 \nNet profit per share attributable \nto FinVolution Group's \nordinary shareholders \n Basic 0.37 0.49 0.07 \n Diluted 0.36 0.48 0.07 \nNet profit per ADS attributable \nto FinVolution Group's \nordinary shareholders (one ADS \nequal five ordinary shares) \n Basic 1.87 2.47 0.36 \n Diluted 1.81 2.42 0.35 \n \n \n FinVolution Group \n UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS \n (All amounts in thousands, except share data, or otherwise noted) \n \n Three Months Ended March 31, \n 2022 2023 \n RMB RMB USD \nNet cash (used in)/provided by \n operating activities (35,152) 672,286 97,892 \nNet cash (used in)/ provided by \n investing activities (1,743,175) 1,805,886 262,957 \nNet cash provided by/ (used in) \n financing activities 401,228 (886,716) (129,116) \nEffect of exchange rate changes on cash \n and cash equivalents (2,096) (26,403) (3,844) \nNet increase/ (decrease) in cash, cash \n equivalent and restricted cash (1,379,195) 1,565,053 227,889 \nCash, cash equivalent and restricted \n cash at beginning of period 8,491,541 6,479,087 943,428 \nCash, cash equivalent and restricted \n cash at end of period 7,112,346 8,044,140 1,171,317 \n \n \n FinVolution Group \n UNAUDITED Reconciliation of GAAP and Non-GAAP Results \n (All amounts in thousands, except share data, or otherwise noted) \n \n For the Three Months Ended March 31, \n 2022 2023 \n RMB RMB USD \n \nNet Revenues 2,446,794 3,050,643 444,208 \nLess: total operating expenses (1,864,753) (2,308,363) (336,123) \nOperating Income 582,041 742,280 108,085 \nAdd: share-based compensation \n expenses 20,098 20,359 2,964 \nNon-GAAP adjusted operating \n income 602,139 762,639 111,049 \n \nOperating Margin 23.8 % 25.0 % 25.0 % \nNon-GAAP operating margin 24.6 % 25.6 % 25.6 % \nNon-GAAP adjusted operating \n income 602,139 762,639 111,049 \nAdd: other income, net 50,849 82,777 12,053 \nLess: income tax expenses (98,631) (135,237) (19,692) \nNon-GAAP net profit 554,357 710,179 103,410 \nNet profit attributable to \n non-controlling interest \n shareholders (404) (6,064) (883) \nNon-GAAP net profit attributable \n to FinVolution Group 554,761 716,243 104,293 \n \nWeighted average number of \nordinary shares used in computing \nnet income per share \nBasic 1,431,746,490 1,410,573,744 1,410,573,744 \nDiluted 1,474,499,556 1,436,889,563 1,436,889,563 \nNon-GAAP net profit per share \nattributable to FinVolution \nGroup's ordinary shareholders \nBasic 0.39 0.51 0.07 \nDiluted 0.38 0.50 0.07 \nNon-GAAP net profit per ADS \nattributable to FinVolution \nGroup's ordinary shareholders \n(one ADS equal five ordinary \nshares) \nBasic 1.94 2.54 0.37 \nDiluted 1.88 2.49 0.36 \n \n</pre>\n<p>\n View original content:https://www.prnewswire.com/news-releases/finvolution-group-reports-first-quarter-2023-unaudited-financial-results-301827415.html \n</p>\n<p>\n SOURCE FinVolution Group \n</p>\n<pre>\n \n</pre>\n<p>\n (END) Dow Jones Newswires\n</p>\n<p>\n May 17, 2023 18:30 ET (22:30 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FINV":"信也科技","BK4166":"消费信贷"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336340847","content_text":"------------- ------------- ------------- \nNet profit 534,259 689,820 100,446 \n Net profit attributable to \n non-controlling ,interest \n shareholders (404) (6,064) (883) \nNet profit attributable to \n FinVolution Group 534,663 695,884 101,329 \n Foreign currency translation \n adjustment, net of nil tax (2,546) (29,168) (4,247) \n Total comprehensive income \n attributable to FinVolution \n Group 532,117 666,716 97,082 \n ============= ============= ============= \nWeighted average number of \nordinary shares used \nin computing \nnet income per share \n Basic 1,431,746,490 1,410,573,744 1,410,573,744 \n Diluted 1,474,499,556 1,436,889,563 1,436,889,563 \nNet profit per share attributable \nto FinVolution Group's \nordinary shareholders \n Basic 0.37 0.49 0.07 \n Diluted 0.36 0.48 0.07 \nNet profit per ADS attributable \nto FinVolution Group's \nordinary shareholders (one ADS \nequal five ordinary shares) \n Basic 1.87 2.47 0.36 \n Diluted 1.81 2.42 0.35 \n \n \n FinVolution Group \n UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS \n (All amounts in thousands, except share data, or otherwise noted) \n \n Three Months Ended March 31, \n 2022 2023 \n RMB RMB USD \nNet cash (used in)/provided by \n operating activities (35,152) 672,286 97,892 \nNet cash (used in)/ provided by \n investing activities (1,743,175) 1,805,886 262,957 \nNet cash provided by/ (used in) \n financing activities 401,228 (886,716) (129,116) \nEffect of exchange rate changes on cash \n and cash equivalents (2,096) (26,403) (3,844) \nNet increase/ (decrease) in cash, cash \n equivalent and restricted cash (1,379,195) 1,565,053 227,889 \nCash, cash equivalent and restricted \n cash at beginning of period 8,491,541 6,479,087 943,428 \nCash, cash equivalent and restricted \n cash at end of period 7,112,346 8,044,140 1,171,317 \n \n \n FinVolution Group \n UNAUDITED Reconciliation of GAAP and Non-GAAP Results \n (All amounts in thousands, except share data, or otherwise noted) \n \n For the Three Months Ended March 31, \n 2022 2023 \n RMB RMB USD \n \nNet Revenues 2,446,794 3,050,643 444,208 \nLess: total operating expenses (1,864,753) (2,308,363) (336,123) \nOperating Income 582,041 742,280 108,085 \nAdd: share-based compensation \n expenses 20,098 20,359 2,964 \nNon-GAAP adjusted operating \n income 602,139 762,639 111,049 \n \nOperating Margin 23.8 % 25.0 % 25.0 % \nNon-GAAP operating margin 24.6 % 25.6 % 25.6 % \nNon-GAAP adjusted operating \n income 602,139 762,639 111,049 \nAdd: other income, net 50,849 82,777 12,053 \nLess: income tax expenses (98,631) (135,237) (19,692) \nNon-GAAP net profit 554,357 710,179 103,410 \nNet profit attributable to \n non-controlling interest \n shareholders (404) (6,064) (883) \nNon-GAAP net profit attributable \n to FinVolution Group 554,761 716,243 104,293 \n \nWeighted average number of \nordinary shares used in computing \nnet income per share \nBasic 1,431,746,490 1,410,573,744 1,410,573,744 \nDiluted 1,474,499,556 1,436,889,563 1,436,889,563 \nNon-GAAP net profit per share \nattributable to FinVolution \nGroup's ordinary shareholders \nBasic 0.39 0.51 0.07 \nDiluted 0.38 0.50 0.07 \nNon-GAAP net profit per ADS \nattributable to FinVolution \nGroup's ordinary shareholders \n(one ADS equal five ordinary \nshares) \nBasic 1.94 2.54 0.37 \nDiluted 1.88 2.49 0.36 \n \n\n\n View original content:https://www.prnewswire.com/news-releases/finvolution-group-reports-first-quarter-2023-unaudited-financial-results-301827415.html \n\n\n SOURCE FinVolution Group \n\n\n \n\n\n (END) Dow Jones Newswires\n\n\n May 17, 2023 18:30 ET (22:30 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":576,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":27,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/652189043"}
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