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FinVolution Group Return-on-Tangible-Equity

: 25.97% (As of Dec. 2021)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. FinVolution Group's annualized net income attributable to common stockholders for the quarter that ended in Dec. 2021 was $412 Mil. FinVolution Group's average shareholder tangible equity for the quarter that ended in Dec. 2021 was $1,586 Mil. Therefore, FinVolution Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was 25.97%.

The historical rank and industry rank for FinVolution Group's Return-on-Tangible-Equity or its related term are showing as below:

FINV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -93.81   Med: 25.43   Max: 52.16
Current: 27.2

During the past 7 years, FinVolution Group's highest Return-on-Tangible-Equity was 52.16%. The lowest was -93.81%. And the median was 25.43%.

FINV's Return-on-Tangible-Equity is ranked better than
86.76% of 521 companies
in the Credit Services industry
Industry Median: 5.79 vs FINV: 27.20

FinVolution Group Return-on-Tangible-Equity Historical Data

The historical data trend for FinVolution Group's Return-on-Tangible-Equity 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.

* Premium members only.

FinVolution Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Premium Member Only Premium Member Only -93.81 52.16 34.52 25.43 27.11

FinVolution Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.11 28.27 28.51 26.74 25.97

Competitive Comparison

For the Credit Services subindustry, FinVolution Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution

For the Credit Services industry and Financial Services sector, FinVolution Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FinVolution Group's Return-on-Tangible-Equity falls into.



FinVolution Group Return-on-Tangible-Equity Calculation

FinVolution Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=393.91251785911/( (1256.0897955439+1649.4578682116 )/ 2 )
=393.91251785911/1452.7738318777
=27.11 %

FinVolution Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=411.88450850172/( (1522.1735359261+1649.4578682116)/ 2 )
=411.88450850172/1585.8157020689
=25.97 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Dec. 2021) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


FinVolution Group  (NYSE:FINV) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


FinVolution Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of FinVolution Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FinVolution Group Business Description

FinVolution Group logo
Industry
Financial Services » Credit Services NAICS : 522310 SIC : 6163
Traded in Other Exchanges
Address
No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203
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.

FinVolution Group Headlines

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