FinVolution Group (FinVolution Group) Pre-Tax Income : $391 Mil (TTM As of Dec. 2023)

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What is FinVolution Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. FinVolution Group's pretax income for the three months ended in Dec. 2023 was $81 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $391 Mil. FinVolution Group's pretax margin was 17.71%.

During the past 9 years, FinVolution Group's highest Pretax Margin was 57.68%. The lowest was -34.63%. And the median was 31.11%.

FinVolution Group Pre-Tax Income Historical Data

The historical data trend for FinVolution Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FinVolution Group Pre-Tax Income Chart

FinVolution Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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407.27

370.68

429.58

392.45

389.15

FinVolution Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															97.72	119.73	97.10	92.87	81.29

Competitive Comparison of FinVolution Group's Pre-Tax Income

For the Credit Services subindustry, FinVolution Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FinVolution Group's Pre-Tax Income Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FinVolution Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where FinVolution Group's Pre-Tax Income falls into.

FinVolution Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

FinVolution Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	333.868	+	55.278	+	0	+	0	+	0.00099999999997635
	=	389

FinVolution Group's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	71.815	+	9.472	+	0	+	0	+	1.4210854715202E-14
	=	81

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $391 Mil.

FinVolution Group (NYSE:FINV) Pre-Tax Income Explanation

FinVolution Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	81.287	/	458.91
	=	17.71%

During the past 9 years, FinVolution Group's highest Pretax Margin was 57.68%. The lowest was -34.63%. And the median was 31.11%.

FinVolution Group Pre-Tax Income Related Terms

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FinVolution Group (FinVolution Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FinVolution Group (NYSE:FINV) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

PP3:Germany

Address

No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203

Website

https://www.finvgroup.com

FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers. The Group's long-lived assets are located in the PRC and its revenues are derived from within the PRC.