FinVolution Historical Income Statement

FINV Stock  USD 6.18  0.11  1.75%   
Historical analysis of FinVolution income statement accounts such as Discontinued Operations of 0.0 or Depreciation And Amortization of 21.4 M can show how well FinVolution Group performed in making a profits. Evaluating FinVolution income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FinVolution's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining FinVolution Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FinVolution Group is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About FinVolution Income Statement Analysis

FinVolution Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FinVolution shareholders. The income statement also shows FinVolution investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

FinVolution Income Statement Chart

At this time, FinVolution's Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 470.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 21.4 M in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts FinVolution Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from FinVolution's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FinVolution Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, FinVolution's Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 470.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 21.4 M in 2024.
 2023 2024 (projected)
Interest Income1.3B1.3B
Tax Provision468.5M315.3M

FinVolution income statement Correlations

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0.890.890.640.920.670.951.00.960.710.90.810.810.990.90.91-0.480.890.87-0.180.90.77
0.890.890.640.920.650.951.00.960.720.890.810.810.990.90.9-0.490.890.87-0.190.90.77
0.840.850.690.880.640.910.960.960.630.860.690.690.960.990.87-0.310.860.84-0.140.870.74
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0.750.830.340.720.580.780.810.810.690.870.741.00.80.590.75-0.850.740.72-0.380.840.67
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0.860.860.780.880.870.830.890.890.860.531.00.740.740.920.811.0-0.280.860.140.840.82
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0.07-0.160.46-0.020.38-0.28-0.18-0.19-0.14-0.550.13-0.38-0.37-0.12-0.110.140.660.140.12-0.230.1
0.870.990.70.950.540.780.90.90.870.870.840.840.850.880.830.86-0.540.840.86-0.230.92
0.880.940.890.940.570.580.770.770.740.680.830.670.680.760.710.85-0.290.820.890.10.92
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FinVolution Account Relationship Matchups

FinVolution income statement Accounts

201920202021202220232024 (projected)
Tax Provision482.0M455.4M240.8M454.8M468.5M315.3M
Interest Income47.0M316.2M1.3B1.1B1.3B1.3B
Depreciation And Amortization107.1M96.4M69.2M65.0M22.5M21.4M
Interest Expense235.6M228.3M205.2M205.8M236.7M133.2M
Selling General Administrative435.8M461.1M518.2M401.7M390.0M470.6M
Selling And Marketing Expenses720.3M482.9M1.6B1.7B1.9B1.0B
Total Revenue6.0B7.6B9.5B11.1B12.6B6.9B
Gross Profit4.8B6.2B7.6B9.1B10.4B5.5B
Other Operating Expenses3.3B5.3B6.9B8.6B5.7B4.4B
Operating Income2.6B2.3B2.6B2.5B6.9B7.2B
Net Income From Continuing Ops2.4B2.0B2.5B2.3B2.4B1.9B
Ebit2.6B2.3B2.6B2.5B6.9B7.2B
Research Development390.6M370.2M434.9M491.5M511.0M327.7M
Ebitda2.7B2.4B2.7B2.6B6.9B7.2B
Cost Of Revenue1.2B1.3B1.8B2.0B2.2B1.3B
Total Operating Expenses2.1B3.9B5.0B6.6B3.0B3.0B
Income Before Tax2.9B2.4B2.7B2.7B2.8B2.2B
Total Other Income Expense Net292.3M116.5M122.4M220.7M(4.1B)(3.9B)
Net Income Applicable To Common Shares2.4B2.0B2.5B2.3B2.6B2.7B
Net Income2.4B2.0B2.5B2.3B2.3B1.9B
Income Tax Expense482.0M455.4M240.8M454.8M395.1M306.4M
Minority Interest63.5M67.0M13.6M(14.9M)(43.2M)(41.1M)
Net Interest Income(15.2M)256.1M1.1B1.1B1.3B1.3B
Reconciled Depreciation107.1M96.4M69.2M65.0M69.1M74.1M

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Additional Tools for FinVolution Stock Analysis

When running FinVolution's price analysis, check to measure FinVolution's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to predict the probability of FinVolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FinVolution's price. Additionally, you may evaluate how the addition of FinVolution to your portfolios can decrease your overall portfolio volatility.