CNFinance Holdings Limited, together with its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company also provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property. It operates a network of 56 branches and sub-branches, which included 13 branches and sub-branches in the Pearl River Delta region, 6 branches and sub-branches in the Yangtze River Delta region, and 37 branches and sub-branches in other areas in approximately 40 cities in China. CNFinance Holdings Limited was founded in 1999 and is headquartered in Guangzhou, China.
IPO Year: 2018
Exchange: NYSE
Website: cashchina.cn
GUANGZHOU, China, Oct. 30, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 44/F, Tower G, NO. 16 Zhujiang Dong Road, Tianhe District, Guangzhou City, Guangdong Province, People's Republic of China, at 10:00 AM (Hong Kong Time) on November 29, 2024. The purpose of the EGM is for the Company's shareholders to consider and, if thought fit, approve the change of the Company's name from "CNFinance Holdings Limited 泛華金融控股有限公司" to "CNFinance Holdings Limited 深泛联控股有限公司". The proposed name change will not a
GUANGZHOU, China, Aug. 27, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first half of 2024 ended June 30, 2024. First Half of 2024 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of June 30, 2024, representing an increase of 9.6% from RMB14.6 billion as of June 30, 2023.Total interest and fees income were RMB926.5 million (US$127.5 million) in the first half of 2024, representing an increase of 4.7% from RMB884.5 million in the same period of 2023.Net revenue under the comm
GUANGZHOU, China, Aug. 21, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first half of 2024, before U.S. markets open on Tuesday, August 27, 2024. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (8:00 PM Beijing/ Hong Kong Time on Tuesday, August 27, 2024). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-301-84992 Passcode: CNFina
GUANGZHOU, China, May 27, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its board of directors has increased its share repurchase authorization to US$30.0 million, expanding the USD$20.0 million share repurchase authorization granted in March 2022, commencing on May 27, 2024. In March 2022, the Company's board of directors authorized a share repurchase program under which the Company may repurchase up to US$20.0 million of its ordinary shares in the form of American depositary shares ("ADSs") during a period of up to 12 months. In March 2023, the Company's board of directors has
GUANGZHOU, China, May 24, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 44/F, Tower G, No. 16 Zhujiang Dong Road, Tianhe District, Guangzhou City, Guangdong Province 510620, People's Republic of China on June 7, 2024 at 9:30 a.m. – 11:00 a.m. (Beijing Time). No proposal will be submitted for shareholder approval at the AGM. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company's American Depositary Shares ("ADSs") to discuss Company affairs
GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 26, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.cashchina.cn as well as the SEC's website at http://www.sec.gov. The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR Department at ir
GUANGZHOU, China, March 28, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of December 31, 2023, representing an increase of 17.6% from RMB13.6 billion as of December 31, 2022.Net interest and fees income were RMB257.9 million (US$36.4 million) in the fourth quarter of 2023, representing an increase of 1.8% from RMB253.3 million in the same period of 202
GUANGZHOU, China, March 22, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before U.S. markets open on Thursday, March 28, 2024. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, March 28, 2024 (8:00 PM Beijing/ Hong Kong Time on Thursday, March 28, 2024). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong
GUANGZHOU, China, Nov. 29, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Operational and Financial Highlights Total loan origination volume[1] was RMB5,105.1 million (US$699.7 million) in the third quarter of 2023, representing an increase of 19.9% from RMB4,257.1 million in the same period of 2022.Total number of active borrowers[2] was 26,624 as of September 30, 2023, representing an increase of 13.0% from 23,560 as of September 30, 2022.Net interest and fees income were RMB255.
GUANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, before U.S. markets open on Wednesday, November 29, 2023. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, November 29, 2023 (9:00 PM Beijing/ Hong Kong Time on Wednesday, November 29, 2023). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong:
6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
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6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
6-K - CNFinance Holdings Ltd. (0001733868) (Filer)
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GUANGZHOU, China, Aug. 27, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first half of 2024 ended June 30, 2024. First Half of 2024 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of June 30, 2024, representing an increase of 9.6% from RMB14.6 billion as of June 30, 2023.Total interest and fees income were RMB926.5 million (US$127.5 million) in the first half of 2024, representing an increase of 4.7% from RMB884.5 million in the same period of 2023.Net revenue under the comm
GUANGZHOU, China, Aug. 21, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first half of 2024, before U.S. markets open on Tuesday, August 27, 2024. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (8:00 PM Beijing/ Hong Kong Time on Tuesday, August 27, 2024). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-301-84992 Passcode: CNFina
GUANGZHOU, China, March 28, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of December 31, 2023, representing an increase of 17.6% from RMB13.6 billion as of December 31, 2022.Net interest and fees income were RMB257.9 million (US$36.4 million) in the fourth quarter of 2023, representing an increase of 1.8% from RMB253.3 million in the same period of 202
GUANGZHOU, China, March 22, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before U.S. markets open on Thursday, March 28, 2024. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, March 28, 2024 (8:00 PM Beijing/ Hong Kong Time on Thursday, March 28, 2024). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong
GUANGZHOU, China, Nov. 29, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Operational and Financial Highlights Total loan origination volume[1] was RMB5,105.1 million (US$699.7 million) in the third quarter of 2023, representing an increase of 19.9% from RMB4,257.1 million in the same period of 2022.Total number of active borrowers[2] was 26,624 as of September 30, 2023, representing an increase of 13.0% from 23,560 as of September 30, 2022.Net interest and fees income were RMB255.
GUANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, before U.S. markets open on Wednesday, November 29, 2023. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, November 29, 2023 (9:00 PM Beijing/ Hong Kong Time on Wednesday, November 29, 2023). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong:
GUANGZHOU, China, Aug. 29, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2023 and the first half of 2023. Second Quarter 2023 Operational and Financial Highlights Total loan origination volume[1] was RMB4.5 billion (US$626.8 million) in the second quarter of 2023, representing an increase of 45.2% from RMB3.1 billion in the same period of 2022.Total number of active borrowers[2] was 25,657 during the second quarter of 2023, representing an increase of 18.5% from 21,649 in the same period of 2022.Total number o
GUANGZHOU, China, Aug. 22, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the second quarter and first half ended June 30, 2023, before U.S. markets open on Tuesday, August 29, 2023. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 29, 2023 (8:00 PM Beijing/ Hong Kong Time on Tuesday, August 29, 2023). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +
GUANGZHOU, China, May 26, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Operational and Financial Highlights Total loan origination volume[1] was RMB3.4 billion (US$0.5 billion) during the first quarter of 2023, representing an increase of 47.8% from RMB 2.3 billion in the same period of 2022.Total number of active borrowers[2] was 25,759 during the first quarter of 2023, representing an increase of 20.0% from 21,464 in the same period of 2022.Total number of transactions[3] was 5,543
GUANGZHOU, China, May 19, 2023 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, before U.S. markets open on Friday, May 26, 2023. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Friday, May 26, 2023 (8:00 PM Beijing/ Hong Kong Time on Friday, May 26, 2023). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-3018-4992 Passcode: CNFi
As of May 27, 2024, CNFinance has repurchased approximately US$18.5 million of its ADSs.
CNFinance Hldgs (NYSE:CNF) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $0.01 by 300 percent. This is a 33.33 percent decrease over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $67.66 million which beat the analyst consensus estimate of $65.41 million by 3.44 percent. This is a 2.66 percent increase over sales of $65.90 million the same period last year.
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CNFinance Hldgs (NYSE:CNF) is set to give its latest quarterly earnings report on Thursday, 2024-03-28. Here's what investors need to know before the announcement. Analysts estimate that CNFinance Hldgs will report an earnings per share (EPS) of $0.01. CNFinance Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.04, which was followed by a 2.71% drop in t
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What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the financial services sector that may be worth watching: Oak Valley (NASDAQ:OVLY) - P/E: 6.4 Peapack Gladstone Finl (NASDAQ:PGC) - P/E: 8.5 Security National Finl (NASDAQ:SNFCA) - P/E: 5.99 CNFinance Hldgs (NYSE:CNF) - P/E: 7.13 Intl General Insurance (NASDAQ:IGIC) - P/E: 6.29 Most recently, Oak Valley reported earnings per share at $0.89, whereas in Q2
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CNFinance Hldgs (NYSE:CNF) reported its Q3 earnings results on Wednesday, November 29, 2023 at 06:00 AM. Here's what investors need to know about the announcement. Earnings CNFinance Hldgs beat estimated earnings by 66.67%, reporting an EPS of $0.1 versus an estimate of $0.06. Revenue was down $360 thousand from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.07 which was followed by a 3.74% drop in the share price the next day. Here's a look at CNFinance Hldgs's past performance: Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022 EPS Estimate 0.01 0.09 EPS Actual 0.08 0.09 0.06 0.09 Revenue Estimate 63.15M 65.80M 68.51M 59.56M Revenue Actu
CNFinance Hldgs (NYSE:CNF) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.06 by 66.67 percent. This is a 11.11 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $58.24 million which beat the analyst consensus estimate of $43.17 million by 34.92 percent. This is a 0.61 percent decrease over sales of $58.60 million the same period last year.