XYF Net Tangible Assets from 2010 to 2024

XYF Stock  USD 6.25  0.03  0.48%   
X Financial's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 3.1 B. Net Tangible Assets is the total assets of X Financial Class minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-12-31
Previous Quarter
5.3 B
Current Value
5.7 B
Quarterly Volatility
1.7 B
 
Covid
Check X Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among X Financial's main balance sheet or income statement drivers, such as Tax Provision of 128.7 M, Net Interest Income of 561.9 M or Interest Income of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0562 or PTB Ratio of 0.2. XYF financial statements analysis is a perfect complement when working with X Financial Valuation or Volatility modules.
  
Check out the analysis of X Financial Correlation against competitors.

Latest X Financial's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of X Financial Class over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. X Financial's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in X Financial's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

XYF Net Tangible Assets Regression Statistics

Arithmetic Mean2,048,894,947
Geometric Mean1,209,099,907
Coefficient Of Variation85.00
Mean Deviation1,603,908,532
Median1,760,711,722
Standard Deviation1,741,511,062
Sample Variance3032860.8T
Range4.2B
R-Value0.87
Mean Square Error774722.7T
R-Squared0.76
Significance0.000021
Slope340,108,470
Total Sum of Squares42460050.9T

XYF Net Tangible Assets History

20243.1 B
20234.5 B
20213.9 B
2020B
20194.3 B
20183.5 B
20171.8 B

About X Financial Financial Statements

X Financial stakeholders use historical fundamental indicators, such as X Financial's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although X Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in X Financial's assets and liabilities are reflected in the revenues and expenses on X Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in X Financial Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets4.5 B3.1 B

Currently Active Assets on Macroaxis

When determining whether X Financial Class is a strong investment it is important to analyze X Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact X Financial's future performance. For an informed investment choice regarding XYF Stock, refer to the following important reports:
Check out the analysis of X Financial Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of X Financial. If investors know XYF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about X Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.104
Dividend Share
2.412
Earnings Share
3.71
Revenue Per Share
106.508
Quarterly Revenue Growth
0.125
The market value of X Financial Class is measured differently than its book value, which is the value of XYF that is recorded on the company's balance sheet. Investors also form their own opinion of X Financial's value that differs from its market value or its book value, called intrinsic value, which is X Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because X Financial's market value can be influenced by many factors that don't directly affect X Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between X Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if X Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.