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Stock impact report

Jiayin Group Inc. Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results

Jiayin Group Inc. - American Depositary Shares (JFIN) 
Last jiayin group inc. - american depositary shares earnings: 4/1 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
SHANGHAI, April 01, 2020 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading online individual finance marketplace in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019. Fourth Quarter 2019 Operational and Financial Highlights: Average investment amount per investor was RMB91,033 (US$13,076), representing an increase of 73.7% from the same period of 2018. Average borrowing amount per borrower was RMB8,042 (US$ 1,155), representing an increase of 14.1% from the same period of 2018. Loan origination volume1 was RMB2,900 million (US$417 million), representing a decrease of 56.1% from the same period of 2018, and a decrease of 38.6% sequentially. Investment volume2 was RMB3,990 million (US$573 million), representing a decrease of 47.1% from the same period of 2018, and a decrease of 22.2% sequentially. Net revenue was RMB352.5 million (US$50.6 million), representing a decrease o Show less Read more
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