X Financial (X Financial) Allowance For Loans And Lease Losses : $0.0 Mil (As of Mar. 2024)

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What is X Financial Allowance For Loans And Lease Losses?

X Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $0.0 Mil.

X Financial's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-26.4 Mil) but then increased from Dec. 2023 ($-26.4 Mil) to Mar. 2024 ($0.0 Mil).

X Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-8.7 Mil) to Dec. 2022 ($-15.3 Mil) and declined from Dec. 2022 ($-15.3 Mil) to Dec. 2023 ($-26.4 Mil).

X Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for X Financial's Allowance For Loans And Lease Losses 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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X Financial Allowance For Loans And Lease Losses Chart

X Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-3.52

-15.68

-8.69

-15.27

-26.43

X Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-	-	-	-26.43	-

X Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

X Financial Allowance For Loans And Lease Losses Related Terms

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X Financial (X Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » X Financial (NYSE:XYF) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Haide Third Avenue, 7-8 Floors, Block A, Aerospace Science and Technology Plaza, Nanshan District, Shenzhen, CHN, 518067

Website

https://ir.xiaoyinggroup.com

X Financial is a Cayman Islands-based technology-driven personal finance company. Along with its subsidiaries, the firm provides diversified investment opportunities to investors in China through its wealth management platform, Xiaoying Wealth Management. Loan products offered by the company include Xiaoying Card Loan, Xiaoying Preferred Loan, and Xiaoying Housing Loan. The company generates revenue from loan facilitation service, post-origination service, and guarantee services provided.