Compare

Qfin Holdings, Inc. vs X Financial vs Jiayin Group Inc. vs The9 Ltd

Latest annual figures from SEC filings. Each company is shown for its own most recent fiscal year, so period ends can differ. Select a figure to see its full history.

Latest fiscal year	Qfin Holdings, Inc. QFIN	X Financial XYF	Jiayin Group Inc. JFIN	The9 Ltd NCTY
Year ended	2025-12-31	2025-12-31	2025-12-31	2025-12-31
Revenue	19.21B CNY	7.64B CNY	6.22B CNY	107.90M CNY
Revenue growth (YoY)	+11.9%	+30.1%	+7.3%	-3.4%
Gross margin	84.4% (computed)	73.6% (computed)	n/a	1.7%
Operating margin	34.8%	21.3%	28.9%	-260.5%
Net margin	31.1%	19.2%	24.7%	-379.0%
Net income	5.98B CNY	1.46B CNY	1.54B CNY	-408.92M CNY
EPS (Diluted)	22.01 CNY	5.87 CNY	7.35 CNY	-0.18 CNY
Operating cash flow	11.08B CNY	1.47B CNY	1.26B CNY	-31.76M CNY
Free cash flow	10.84B CNY	1.45B CNY	622.27M CNY	n/a
Cash & equivalents	4.70B CNY	987.63M CNY	61.84M CNY	58.49M CNY
Total assets	56.95B CNY	14.67B CNY	8.76B CNY	593.75M CNY
Total liabilities	32.79B CNY	6.83B CNY	4.32B CNY	351.21M CNY
Shareholders' equity	24.11B CNY	7.84B CNY	4.43B CNY	169.84M CNY
Return on year-end equity	24.8%	18.7%	34.7%	-240.8%
Shares outstanding	243.82M	234.52M	n/a	n/a

n/a means the company did not report that line under the concept TickerFacts maps, not that it is zero.

Revenue, most recent five fiscal years

Fiscal year	Qfin Holdings, Inc.	X Financial	Jiayin Group Inc.	The9 Ltd
Latest	19.21B CNY Ended 2025-12-31	7.64B CNY Ended 2025-12-31	6.22B CNY Ended 2025-12-31	107.90M CNY Ended 2025-12-31
1 year earlier	17.17B CNY Ended 2024-12-31	5.87B CNY Ended 2024-12-31	5.80B CNY Ended 2024-12-31	111.71M CNY Ended 2024-12-31
2 years earlier	16.29B CNY Ended 2023-12-31	4.81B CNY Ended 2023-12-31	5.47B CNY Ended 2023-12-31	174.04M CNY Ended 2023-12-31
3 years earlier	16.55B CNY Ended 2022-12-31	3.56B CNY Ended 2022-12-31	3.27B CNY Ended 2022-12-31	104.93M CNY Ended 2022-12-31
4 years earlier	16.64B CNY Ended 2021-12-31	3.63B CNY Ended 2021-12-31	1.78B CNY Ended 2021-12-31	135.58M CNY Ended 2021-12-31