X Financial balance sheet XYF
As of Dec 31, 2025, X Financial had total assets of $2.1 billion and total liabilities of $976.5 million. Total assets were up 29.5% from a year earlier. Stockholders' equity was $1.1 billion. It held $214.9 million in cash and investments against $65.1 million of total debt, net cash of $149.9 million.
USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash |
141
+4.7%
|
135
-19.9%
|
168
+92.8%
|
87
-4.8%
|
92
-19.8%
|
114
-20.8%
|
145
-7.1%
|
156
|
| Short-term investments |
—
|
—
|
—
|
—
|
—
|
1
|
—
|
—
|
| Long-term investments |
74
+8.0%
|
68
-1.8%
|
69
-3.4%
|
72
-18.2%
|
88
+94.0%
|
45
+8.0%
|
42
+0.5%
|
42
|
| Cash and investments |
215
+5.8%
|
203
-14.6%
|
238
+49.4%
|
159
-11.4%
|
180
+11.8%
|
161
-13.9%
|
186
-5.5%
|
197
|
| Property and equipment, net |
3
+57.6%
|
2
+78.2%
|
1
+43.2%
|
1
-12.5%
|
1
-43.1%
|
2
-41.0%
|
3
-14.3%
|
3
|
| Total assets |
2,097
+29.5%
|
1,619
-1.3%
|
1,641
+28.1%
|
1,281
+11.2%
|
1,152
+0.3%
|
1,149
-3.4%
|
1,189
+76.4%
|
674
|
| Liabilities and equity | ||||||||
| Total liabilities |
977
+46.5%
|
667
-18.4%
|
817
+38.0%
|
592
+12.1%
|
528
-22.1%
|
678
+20.6%
|
562
+245.4%
|
163
|
| Stockholders' equity |
1,121
+17.6%
|
953
+15.7%
|
824
+19.5%
|
689
+10.4%
|
624
+32.4%
|
471
-24.9%
|
627
+22.6%
|
512
|
| Debt | ||||||||
| Debt due within a year |
59
+30.1%
|
45
|
—
|
—
|
—
|
—
|
—
|
—
|
| Lease liabilities |
7
+18.4%
|
6
-22.4%
|
7
-21.6%
|
9
+137.1%
|
4
-44.0%
|
7
-24.1%
|
9
|
—
|
| Total debt |
65
+28.8%
|
51
+611.3%
|
7
-21.6%
|
9
+137.1%
|
4
-44.0%
|
7
-24.1%
|
9
|
—
|
| Net cash |
150
-1.8%
|
153
-33.9%
|
231
+53.7%
|
150
-14.6%
|
176
+14.3%
|
154
-13.3%
|
177
|
—
|
| Ratios | ||||||||
| Debt to equity |
0.06x
|
0.05x
|
0.01x
|
0.01x
|
0.01x
|
0.01x
|
0.01x
|
—
|
| Debt to EBITDA |
0.28x
|
0.20x
|
0.03x
|
0.06x
|
0.02x
|
—
|
0.08x
|
—
|
| Return on equity |
18.69%
|
22.15%
|
20.30%
|
17.08%
|
20.76%
|
-42.56%
|
17.73%
|
25.11%
|
| Return on assets |
9.99%
|
13.03%
|
10.19%
|
9.19%
|
11.24%
|
-17.45%
|
9.35%
|
19.05%
|
| Book value per share |
4.78
|
3.80
|
2.81
|
2.39
|
1.90
|
1.46
|
1.96
|
1.68
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- XYF (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Shenzhen, China
- SEC filer status
- Accelerated filer
- SEC CIK
- 1725033
Other Finance Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.