JFIN

Image source: The Motley Fool. Friday, Aug. 28, 2026 at 8 a.m. ET Investor Relations - Sam Lee Chief Executive Officer - Yan Dinggui Chief Financial Officer - Fan Chunlin Operator: Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Jiayin Group Second Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, we are recording today's call. If you have any objections, you may disconnect at this time. I will now turn the call over to Mr. [ Sam Lee ] from Investor Relations of Jiayin Group. Please proceed. Unknown Executive: Thank you, operator. Hello, everyone. Thank you all for joining us on today's conference call to discuss Jiayin Group's financial results for the second quarter of 2026. We released our earnings results earlier today. The press release is available on the company's website as well as from Newswire services. On the call with me today are Mr. Yan Dinggui Chief Executive Officer; and Mr. Fan Chunlin, Chief Financial Officer. Before we continue, please note that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's actual results may be materially different from the expectations expressed today. Further information regarding these and other risks and uncertainties is included in the company's public filings with the SEC. The company does not assume any obligation to update any forward-looking statements, except as required under applicable law. Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of the non-GAAP financial measures to GAAP financial measures. Please note that unless otherwise stated, all figures mentioned during the conference call are in Chinese renminbi. With that, let me now turn the call over to our CEO, Mr. Yan Dinggui. Mr. Yan will deliver his remarks in Chinese, and I will follow up with corresponding English translations. Please go ahead, Mr. Yan. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] Hello, everyone. Thank you for joining Jiayin Group's Second Quarter 2026 Earnings Conference Call. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] According to the statistics from the People's Bank of China, the outstanding balance of short-term household consumer loans in China decreased by approximately RMB 190 billion in the second quarter compared to the end of the first quarter as industry regulatory compliance requirements continue to take effect, influenced by isolated industry events. institutional funding partners have adopted a more cautious approach. Against this backdrop, the company proactively adapted to changes in the industry and accelerated the strategic adjustment of our business structure. During the quarter, the company achieved transaction volume of RMB 9.5 billion, representing a year-over-year decrease of approximately 74.4%, driven by both the industry-wide contraction and our strategic adjustment, we recorded a net loss of approximately RMB 180 million for the quarter. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] In response to impacts brought by industry-wide liquidity tightening, we proactively reduced our risk exposure and steadily mitigated existing portfolio risk, concentrating our focus on our core base of high-quality borrowers. At the same time, we intensified our collection efforts and the 30-day collection rate improved consecutively quarter-on-quarter. As of the end of the second quarter, the 90-plus day delinquency rate stood at 2.21%, remaining stable on a sequential basis. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] Our international business serves as a key anchor in driving our strategic transformation and structural upgrades. In the second quarter, our Indonesian partners' business volume increased by 58% year-over-year and 10% sequentially. By upgrading our risk strategy framework and advancing refined borrower segmentation, we significantly improved our customer acquisition cost efficiency and further expanded our partnership network with local financial institutions. In Mexico, business volume increased by 36% sequentially in the second quarter with continued improvements in borrower acquisition efficiency and asset quality. To achieve our long-term vision for our overseas business, we have completely comprehensively upgraded both our strategy and execution team. Moving forward, we plan to continue deepening our presence in Southeast Asia as our core anchor market while taking a prudent approach to market research and expansion in emerging regions such as East Africa and Central Asia, thereby advancing our global expansion in a structured and disciplined manner. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] Technology empowerment is a critical pillar of our strategic transformation, and we are accelerating our technology upgrade to transition from a loan facilitation service provider to a more comprehensive technology service provider. During the quarter, the company's proprietary [ Fuxi ] platform has completed the key development in the infrastructure layer, risk management layer and core skills deployment, covering all key operational processes throughout the credit life cycle. Specifically, the end-to-end skill for credit assessment modeling has been implemented at scale, compressing the traditional model optimization cycle from 3 to 5 days down to a matter of hours with risk identification accuracy metrics, including model [ AUC ] and [ KS ] scores, significantly outperforming human benchmarks. Looking ahead, we will focus on building a customer data platform tailored for financial institutions, enabling existing borrower segmentation and targeting capabilities. with full integration into our automated marketing platform, establishing a standardized and scalable framework for technology service delivery. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] In addition, AI applications have been fully embedded into the company's core operational value chain. End-to-end AI coverage has now been implemented in key operational scenarios such as customer service and loan application intake, completely replacing human agents in select functions. On the risk management front, we have developed our proprietary strategy assistance agent by combining large language models with traditional machine learning, driving the upgrade of risk strategy development from expert modeling with manual calculation to AI-assisted expert modeling with automated machine calculation. Consequently, our risk strategy iteration efficiency has improved by more than tenfold and accuracy in key scenarios has increased by over 20%, benefiting from the workforce efficiency gains brought by AI, we are actively optimizing our organizational structure. AI is evolving from a stand-alone tool into a systemic capability, supporting the company in maintaining operational efficiency and cost competitiveness during this period of business adjustment. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] On the anti-fraud front, during the first half of this year, the industry experienced a rapid evolution of fraudulent and illicit activities in the industry, characterized by sophisticated disguising and masking tactics and showed a clear trend towards organized operations, causing growing losses to institutions across the sector. To address this, we accelerated the iteration of our multimodal risk strategy system to precisely identify behavioral differences between genuine users and proxy-based fraud operations. As of the end of June, we had cumulatively blocked 176,000 malicious applications from fraudulent activities and identified and intercepted more than 264,000 high-risk repeat fraud applications, effectively intercepting fraudulent agent-initiated complaints and safeguarding the interest of institutional partners and borrowers. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] In light of the uncertain macroeconomic operating environment and the current strategic development priorities, the company has decided to refrain from issuing guidance for the third quarter and to suspend our dividend for this fiscal year. By maintaining flexibility in our capital allocation and operational pace, we will focus internal resources on business transformation and risk mitigation. Notably, as of the end of the second quarter, the company's cash and cash equivalents increased to RMB 504 million. providing a strong financial buffer to navigate through the industry cycle and ensure sound future development. Dinggui Yan: [Foreign Language] Unknown Executive: [Interpreted] With that, I will now turn the call over to our CFO, Mr. Fan Chunlin. Please go ahead. Chunlin Fan: Thank you, Mr. Yan, and hello, everyone. Thank you for joining our call today. I will now review our financial highlights for the quarter. Please note that all numbers will be in RMB and all percentage changes refer to year-over-year comparisons, unless otherwise noted. As Mr. Yan noted earlier, we remained disciplined in our execution during the second quarter and delivered transaction volume in line with our previous guidance. Transaction volume was CNY 9.5 billion, representing a decrease of 74.4% from the same period of 2025. Our net revenue was CNY 636.9 million, representing a decrease of 60.9% from the same period of 2025. Moving on to costs. Facilitation and servicing expense was CNY 549.3 million, representing an increase of 92.7% from the same period of 2025, primarily due to the increase in average outstanding loan balance for which the company provided guaranteed services. Allowance for uncollectible receivables, contract assets, prepaid expenses and other current assets and others was CNY 51.3 million compared with CNY 32.5 million for the same period of 2025, primarily due to increased guarantee services the company provided. Sales and marketing expense was CNY 221.8 million, representing a decrease of 68.8% from the same period of 2025, primarily due to decreased borrower acquisition expenses and commission expenses. General and administrative expense was CNY 66.9 million representing a decrease of 39.5% from the same period of 2025, primarily due to a decrease in share-based compensation. R&D expense was CNY 94.2 million, representing a decrease of 13.1% from the same period of 2025, primarily due to a decrease in share-based compensation. Non-GAAP loss from operations was CNY 225.7 million compared with CNY 737.6 million non-GAAP income from operations in the same period of 2025. Consequently, our net loss for the second quarter was CNY 183.6 million compared with CNY 519.1 million net income in the same period of 2025. Our basic and diluted net loss per share was CNY 0.89 compared with CNY 2.46 basic and diluted net income per share in the second quarter of 2025. Basic and diluted net loss per ADS was CNY 3.56 compared with CNY 9.84 basic and diluted net income per ADS in the second quarter of 2025. Each ADS represents 4 Class A ordinary shares of the company. We ended this quarter with CNY 504 million in cash and cash equivalents compared with CNY 43.4 million at the end of the previous quarter. With that, we can open the call for questions. Operator, please proceed. Operator: [Operator Instructions] There are no questions. I will return the call to Sam for closing remarks. Please go ahead. Unknown Executive: Thank you, operator, and thank you all for participating on today's call. We appreciate your interest and look forward to reporting to you again next quarter on our progress. Operator: Thank you all again. This concludes the call. You may now disconnect. [Portions of this transcript that are marked [Interpreted] were spoken by an interpreter present on the live call.] Before you buy stock in Jiayin Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Jiayin Group wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $430,571!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,399,268!* That performance is why people listen. 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Jiayin (JFIN) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

SHANGHAI, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Operational and Financial Highlights: Transaction volume1 was RMB9.5 billion (US$1.4 billion), representing a decrease of 74.4% from the same period of 2025. Average borrowing amount per borrowing was RMB6,663 (US$982), representing a decrease of 18.0% from the same period of 2025. Repeat borrowing contribution2 was 73.1%, compared with 75.6% in the same period of 2025. 90 day+ delinquency ratio3 was 2.21% as of June 30, 2026. Net revenue was RMB736.9 million (US$108.6 million), representing a decrease of 60.9% from the same period of 2025. Loss from operations was RMB246.7 million (US$36.4 million), compared with RMB639.1 million income from operation in the same period of 2025. Non-GAAP4 loss from operations was RMB225.7 million (US$33.3 million), compared with RMB737.6 million non-GAAP4 income from operations in the same period of 2025. Net loss was RMB183.6 million (US$27.1 million), compared with RMB519.1 million net income in the same period of 2025. _____________________________1 “Transaction volume” refers to the total loan transaction volume in Chinese Mainland during the period presented.2 “Repeat borrowing contribution” for a given period refers to the percentage of transaction volume in Chinese Mainland attributable to repeat borrowers during that period. “Repeat borrowers” during a certain period refers to borrowers who have borrowed in such period and have borrowed at least twice since such borrowers’ registration on our platform until the end of such period.3 “90 day+ delinquency ratio” refers to the outstanding principal balance of loans that were 91 to 180 calendar days past due as a percentage of the total outstanding principal balance of loans facilitated through the Company’s platform as of a specific date. Loans facilitated outside Chinese Mainland are not included in the calculation.4 Please see the section entitled “Use of Non-GAAP Financial Measure” below and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release. Mr. Yan Dinggui, the Company’s Founder, Director and Chief Executive Officer, commented: “During the second quarter of 2026, our transaction volume reached RMB9.5 billion, in line with our previously communicated guidance. The Company recorded a net loss of RMB183.6 million during the quarter, primarily due to the contraction of our business scale. “In response to evolving industry dynamics, we have launched a comprehensive strategic upgrade, shifting our development model from scale-driven growth toward a greater focus on both quality and efficiency. Furthermore, we are expanding our business model beyond pure loan facilitation into a diversified platform centered on our compliance-driven core business, technology empowerment, and ecosystem collaboration. Meanwhile, we continue to deepen our strategic investments in AI and overseas business to navigate the challenges of transformation, demonstrating our commitment to delivering long-term value.” Second Quarter 2026 Financial Results Net revenue was RMB736.9 million (US$108.6 million), representing a decrease of 60.9% from the same period of 2025. Revenue from loan facilitation services was RMB184.8 million (US$27.2 million), representing a decrease of 88.5% from the same period of 2025. The decrease was primarily attributable to lower transaction volume. Revenue from releasing of guarantee liabilities was RMB454.4 million (US$67.0 million) compared with RMB126.4 million in the same period of 2025. The year-over-year increase was primarily due to the increase in average outstanding loan balances for which the Company provided guarantee services. Other revenue was RMB97.7 million (US$14.4 million), compared with RMB150.4 million for the same period of 2025. The decrease was primarily due to the decrease in the contribution from referral fees. Facilitation and servicing expense was RMB549.3 million (US$81.0 million), representing an increase of 92.7% from the same period of 2025, primarily due to the increase in average outstanding loan balances for which the Company provided guarantee services. Allowance for uncollectible receivables, contract assets, prepaid expenses and other current assets and others was RMB51.3 million (US$7.6 million), compared with RMB32.5 million for the same period of 2025, primarily due to increased guarantee services the Company provided. Sales and marketing expense was RMB221.8 million (US$32.7 million), representing a decrease of 68.8% from the same period of 2025, primarily due to decreased borrower acquisition expenses and commission expenses. General and administrative expense was RMB66.9 million (US$9.9 million), representing a decrease of 39.5% from the same period of 2025, primarily due to a decrease in share-based compensation. Research and development expense was RMB94.2 million (US$13.9 million), representing a decrease of 13.1% from the same period of 2025, primarily due to a decrease in share-based compensation. Loss from operations was RMB246.7 million (US$36.4 million), compared with RMB639.1 million income from operation in the same period of 2025. Non-GAAP loss from operation was RMB225.7 million (US$33.3 million), compared with RMB737.6 million non-GAAP income from operation in the same period of 2025. Net loss was RMB183.6 million (US$27.1 million), compared with RMB519.1 million net income in the same period of 2025. Basic and diluted net loss per share were both RMB0.89 (US$0.13) compared with RMB2.46 basic and diluted net income per share in the second quarter of 2025. Basic and diluted net loss per ADS were both RMB3.56 (US$0.52) compared with RMB9.84 basic and diluted net income per ADS in the second quarter of 2025. Each ADS represents four Class A ordinary shares of the Company. Cash and cash equivalents were RMB504.0 million (US$74.3 million) as of June 30, 2026, compared with RMB43.4 million as of March 31, 2026. The following chart displays the historical cumulative M3+ Delinquency Rate by Vintage for loan products facilitated through the Company’s platform in Chinese Mainland. Recent Development Share Repurchase Plan Update In June 2026, the Company’s Board of Directors approved to extend the share repurchase plan for another period of 12 months, commencing on June 13, 2026 and ending on June 12, 2027. Pursuant to the extended share repurchase plan, the Company may repurchase its ordinary shares through June 12, 2027 with an aggregate value not exceeding the remaining balance under the share repurchase plan. As of August 28, 2026, the Company had repurchased approximately 4.6 million of its American depositary shares for approximately US$30.4 million. Dividend The Company is taking the added step of suspending its dividend for the fiscal year of 2026, recognizing the development trends of the industry in which the Company operates, and the importance of supporting the capital investments and working capital needed to execute its strategy. The Company reiterates its long-term commitment of a competitive dividend as cash flows improve to sustainably higher levels. Environmental, Social and Governance (ESG) On August 20, 2026, the Company published its 2025 Environmental, Social, and Governance (ESG) Report. This publication, making its fifth ESG report, highlights Jiayin’s ongoing commitment to corporate sustainability, ethical business practices, and transparent governance. In 2025, the Company leveraged artificial intelligence as a key driver to transform technology into business effectiveness, expanded the boundaries of inclusive finance through our global footprint, reduced environmental impact through green operations, and reinforced our development foundation through talent cultivation. The ESG Report is prepared in accordance with the Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards), with reference to Nasdaq’s ESG Reporting Guide 2.0. To download the full report in English or Chinese, please visit the ESG section of the Company's investor relations website at: https://ir.jiayintech.cn/environmental-social-and-governance. Conference Call The Company will conduct a conference call to discuss its financial results on August 28, 2026, at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day). To join the conference call, all participants must use the following link to complete the online registration process in advance. Upon registering, each participant will receive access details for this event including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call. Participant Online Registration: https://register-conf.media-server.com/register/BIb4a22a07f69c42f187755e80e859a69a A live and archived webcast of the conference call will be available on the Company’s investors relations website at http://ir.jiayintech.cn/. About Jiayin Group Inc. Jiayin Group Inc. is a leading fintech platform in China committed to facilitating effective, transparent, secure and fast connections between underserved individual borrowers and financial institutions. The origin of the business of the Company can be traced back to 2011. The Company operates a highly secure and open platform with a comprehensive risk management system and a proprietary and effective risk assessment model which employs advanced big data analytics and sophisticated algorithms to accurately assess the risk profiles of potential borrowers. For more information, please visit http://ir.jiayintech.cn/. Use of Non-GAAP Financial Measure We use non-GAAP income from operation, which is a non-GAAP financial measure, in evaluating our operating results and for financial and operational decision-making purposes. We believe that the non-GAAP financial measure helps identify underlying trends in our business by excluding the impact of share-based compensation expenses. We believe that non-GAAP financial measure provides useful information about our operating results, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. Non-GAAP income from operation represents income from operation excluding share-based compensation expenses. Such adjustment has no impact on income tax. Non-GAAP income from operation is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as analytical tool, and when assessing our operating performance, cash flows or our liquidity, investors should not consider it in isolation, or as a substitute for income from operation, net income, cash flows provided by operating activities or other consolidated statements of operation and cash flow data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review our financial information in its entirety and not rely on a single financial measure. For more information on this non-GAAP financial measure, please see the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP results” set forth at the end of this press release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.7851 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of June 30, 2026. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Safe Harbor / Forward-Looking Statements This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Potential risks and uncertainties include, but are not limited to, those relating to the Company’s ability to retain existing borrowers and attract new borrowers in an effective and cost-efficient way, the Company’s ability to increase the transaction volume through its marketplace, effectiveness of the Company’s credit assessment model and risk management system, the Company’s ability to successfully implement its strategic upgrade and transition, the Company’s ability to expand into new business lines, PRC laws and regulations relating to the online individual finance industry in China, general economic conditions in China, and the Company’s ability to meet the standards necessary to maintain listing of its ADSs on the Nasdaq Stock Market or other stock exchange, including its ability to cure any non-compliance with the continued listing criteria of the Nasdaq Stock Market. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. For investor and media inquiries, please contact: Jiayin Group Ms. Emily LuEmail: [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/712f1e68-c7e8-4f8d-9aa3-cb8812471c97

Interested in Jiayin Group Inc. Sponsored ADR? Here are five stocks we like better. Q2 results deteriorated sharply: Transaction volume fell 74.4% year over year to RMB9.5 billion, revenue declined 50.9% to RMB636.9 million, and Jiayin posted a RMB183.6 million net loss versus RMB519.1 million in net income a year earlier. Industry liquidity pressures drove restructuring and tighter risk controls. Jiayin reduced exposure to lower-quality borrowers, improved collections, and maintained its 90-plus-day delinquency rate at 2.21%, while overseas volumes grew in Indonesia and Mexico. Management is prioritizing transformation and liquidity: The company is expanding its Fuxi technology and AI platform, ended the quarter with RMB504 million in cash, suspended its dividend, and declined to provide third-quarter guidance amid uncertainty. Jiayin Group (NASDAQ:JFIN) reported sharply lower second-quarter results as tighter industry liquidity and its own business restructuring reduced transaction volume, while the company expanded overseas operations and continued investing in technology and artificial intelligence capabilities. Chief Executive Officer Dinggui Yan said the outstanding balance of short-term household consumer loans in China declined by about RMB190 billion during the second quarter from the end of the first quarter, citing statistics from the People’s Bank of China. He said institutional funding partners had become more cautious as regulatory compliance requirements took effect and following isolated industry events. → Quantum Computing Is Raising the Stakes for Cybersecurity: 5 Stocks to Watch “Against this backdrop, the company proactively adapted to changes in the industry and accelerated the strategic adjustments of our business structure,” Yan said through an English translation provided during the call. Transaction volume totaled RMB9.5 billion in the second quarter, down 74.4% from the same period in 2025. Chief Financial Officer Chunlin Fan said the figure was in line with the company’s previous guidance. → Palantir's Kool-Aid Moment: The Math Behind Karp's Forecast Net revenue fell 50.9% year over year to RMB636.9 million. Jiayin recorded a net loss of RMB183.6 million, compared with net income of RMB519.1 million in the prior-year quarter. The company’s non-GAAP loss from operations was RMB225.7 million, compared with non-GAAP income from operations of RMB737.6 million a year earlier. Facilitation and servicing expense rose 92.7% to RMB549.3 million, primarily because of an increase in the average outstanding loan balance for which the company provided guarantee services. Allowance for uncollectible receivables, contract assets, prepaid expenses and other current assets rose to RMB51.3 million from RMB32.5 million, also primarily due to increased guarantee services. Sales and marketing expense declined 68.8% to RMB221.8 million, reflecting lower borrower acquisition and commission expenses. General and administrative expense decreased 39.5% to RMB66.9 million, while research and development expense declined 13.1% to RMB94.2 million. Fan attributed both declines primarily to lower share-based compensation. Basic and diluted net loss per share was RMB0.89, compared with basic and diluted net income per share of RMB2.46 a year earlier. Basic and diluted net loss per American depositary share was RMB3.56, compared with income per ADS of RMB9.84 in the second quarter of 2025. Each ADS represents four Class A ordinary shares. → Looking Beyond NVIDIA? These 3 AI ETFs Are Beating the Market Yan said the company reduced risk exposure amid industry-wide liquidity tightening and focused on higher-quality borrowers. Jiayin also increased collection efforts, with its 30-day collection rate improving sequentially. Its 90-plus-day delinquency rate was 2.21% at the end of the quarter, stable from the prior quarter. The company said its overseas operations remained central to its strategic transformation. Business volume at its Indonesian partner increased 58% year over year and 10% sequentially in the second quarter. Jiayin said it improved customer-acquisition cost efficiency through an upgraded risk framework and more refined borrower segmentation, while expanding its network of local financial-institution partners. In Mexico, business volume rose 36% sequentially, with continued improvements in borrower acquisition efficiency and asset quality, according to management. Yan said the company had upgraded its overseas strategy and execution team and intends to deepen its presence in Southeast Asia while prudently researching potential expansion into East Africa and Central Asia. Management said Jiayin is seeking to transition from a loan facilitation service provider toward a broader technology service provider. Its proprietary Fuxi platform completed development work across infrastructure, risk-management and core operational capabilities during the quarter, covering key processes throughout the credit lifecycle. The company said its credit-assessment modeling capability has been deployed at scale, reducing model optimization cycles from three to five days to hours. Yan said the platform’s AUC and KS risk-identification metrics outperformed human benchmarks. Jiayin also said AI has been integrated into core operating processes, including customer service and loan application intake. Certain functions have fully replaced human agents, according to management. The company’s proprietary risk-strategy assistance agent, which combines large language models and traditional machine learning, improved risk-strategy iteration efficiency by more than tenfold and increased accuracy in key scenarios by more than 20%, Yan said. On anti-fraud efforts, Jiayin said it had blocked a cumulative 176,000 malicious applications and identified and intercepted more than 264,000 high-risk repeat fraud applications as of the end of June. Jiayin ended the quarter with RMB504 million in cash and cash equivalents, up from RMB43.4 million at the end of the prior quarter. Yan said the cash balance provides a financial buffer as the company navigates the industry cycle and pursues its transformation. Given macroeconomic uncertainty and the company’s strategic priorities, management said it will not issue third-quarter guidance and will suspend its dividend for the current fiscal year. The company said it plans to preserve flexibility in capital allocation and operating pace while directing internal resources toward risk mitigation and business transformation. Jiayin Group (NASDAQ: JFIN) is a China-based, technology-driven consumer finance marketplace that connects individual borrowers with institutional lenders. The company's online platform leverages proprietary credit scoring models, big data analytics and AI‐powered risk management tools to streamline the loan application, approval and disbursement processes. By integrating end-to-end services—including borrower acquisition, credit assessment, loan servicing and collection—Jiayin Group provides a comprehensive fintech solution for unsecured personal loans. Through its platform, Jiayin Group offers financial institutions access to an underserved segment of the consumer credit market, particularly in third- and fourth‐tier cities across China. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Jiayin Group Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

This article first appeared on GuruFocus. Transaction Volume: RMB9.5 billion, a decrease of 74.4% year-over-year. Net Revenue: RMB636.9 million, a decrease of 60.9% year-over-year. Net Loss: RMB183.6 million, compared with net income of RMB519.1 million in the same period of 2025. Facilitation and Servicing Expense: RMB549.3 million, an increase of 92.7% year-over-year. Sales and Marketing Expense: RMB221.8 million, a decrease of 68.8% year-over-year. General and Administrative Expense: RMB66.9 million, a decrease of 39.5% year-over-year. R&D Expense: RMB94.2 million, a decrease of 13.1% year-over-year. Non-GAAP Loss from Operations: RMB225.7 million, compared with non-GAAP income from operations of RMB737.6 million in the same period of 2025. Net Loss per Share: RMB0.89 basic and diluted, compared with RMB2.46 basic and diluted net income per share in the second quarter of 2025. Net Loss per ADS: RMB3.56 basic and diluted, compared with RMB9.84 basic and diluted net income per ADS in the second quarter of 2025. Cash and Cash Equivalents: RMB504 million at the end of the quarter, compared with RMB43.4 million at the end of the previous quarter. 90-Plus Day Delinquency Rate: 2.21% as of the end of the second quarter, stable on a sequential basis. Indonesian Business Volume: Increased 58% year-over-year and 10% sequentially in the second quarter. Mexico Business Volume: Increased 36% sequentially in the second quarter. Warning! GuruFocus has detected 6 Warning Signs with JFIN. Is JFIN fairly valued? Test your thesis with our free DCF calculator. Release Date: August 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. International business growth: Indonesian partners' business volume increased 58% year-over-year and 10% sequentially, while Mexico saw a 36% sequential increase. Improved collection efficiency: The 30-day collection rate improved consecutively quarter-on-quarter, and the 90-plus day delinquency rate remained stable at 2.21%. AI-driven operational efficiency: AI integration in customer service and loan intake has replaced human agents in select functions, improving risk strategy iteration efficiency by over tenfold and accuracy by over 20%. Strong cash position: Cash and cash equivalents increased to RMB504 million, providing a solid buffer to navigate industry cycles. Advanced anti-fraud measures: The company blocked 176,000 malicious applications and intercepted over 264,000 high-risk repeat fraud applications, protecting institutional partners and borrowers. Significant revenue decline: Transaction volume decreased 74.4% year-over-year to RMB9.5 billion, and net revenue fell 60.9% to RMB636.9 million. Net loss recorded: The company reported a net loss of RMB183.6 million for the quarter, compared to a net income of RMB519.1 million in the same period last year. Increased facilitation and servicing costs: These expenses rose 92.7% year-over-year due to higher average outstanding loan balances for guaranteed services. Suspension of dividend and guidance: The company decided to suspend dividends for the fiscal year and refrain from issuing third-quarter guidance due to macroeconomic uncertainty. Industry-wide contraction: The overall market faced a decline in short-term household consumer loans by approximately RMB190 billion, leading to cautious funding partners and reduced business volume. Q: What were the key drivers behind Jiayin Group's significant decline in transaction volume and the net loss recorded in the second quarter of 2026?A: CEO Yan Dinggui explained that the decline was driven by both an industry-wide contraction and the company's proactive strategic adjustments. According to People's Bank of China statistics, the outstanding balance of short-term household consumer loans decreased by approximately RMB190 billion in Q2 as regulatory compliance requirements took effect and institutional funding partners adopted a more cautious approach. Jiayin's transaction volume fell 74.4% year-over-year to RMB9.5 billion, resulting in a net loss of approximately RMB180 million for the quarter. Q: How is Jiayin Group's international business performing, and what role does it play in the company's strategic transformation?A: The CEO highlighted that the international business is a key anchor for strategic transformation. In Q2 2026, the Indonesian partners' business volume increased by 58% year-over-year and 10% sequentially, with improved customer acquisition cost efficiency and an expanded partnership network with local financial institutions. In Mexico, business volume grew 36% sequentially with continued improvements in borrower acquisition efficiency and asset quality. The company plans to deepen its presence in Southeast Asia as the core anchor market while prudently exploring emerging regions such as East Africa and Central Asia. Q: What progress has Jiayin Group made in its technology upgrades, particularly with the proprietary Fuxi platform and AI applications?A: The CEO detailed that the Fuxi platform has completed key development in infrastructure, risk management, and core skills deployment, covering all key operational processes throughout the credit life cycle. The end-to-end skill for credit assessment modeling has been implemented at scale, compressing the traditional model optimization cycle from three to five days down to a matter of hours, with risk identification accuracy metrics like model AUC and KS scores significantly outperforming human benchmarks. AI applications have been fully embedded in core operations, with end-to-end AI coverage in customer service and loan application intake, completely replacing human agents in select functions. The proprietary strategy assistance agent has improved risk strategy iteration efficiency by more than tenfold and accuracy in key scenarios by over 20%. Q: How is Jiayin Group addressing the evolving fraud and illicit activities in the industry?A: The CEO noted that the industry experienced a rapid evolution of fraudulent activities in the first half of 2026, characterized by sophisticated disguising and organized operations. To counter this, Jiayin accelerated its multimodal risk strategy system to identify behavioral differences between genuine users and proxy-based fraud operations. As of the end of June, the company had cumulatively blocked 176,000 malicious applications and identified and intercepted more than 264,000 high-risk repeat fraud applications, effectively safeguarding the interests of institutional partners and borrowers. Q: Why has Jiayin Group decided to refrain from issuing guidance for the third quarter and suspend its dividend for the fiscal year?A: The CEO stated that in light of the uncertain macroeconomic operating environment and current strategic development priorities, the company decided to refrain from issuing Q3 guidance and suspend the dividend for fiscal year 2026. This decision aims to maintain flexibility in capital allocation and operational pace, allowing the company to focus internal resources on business transformation and risk mitigation. Notably, cash and cash equivalents increased to RMB504 million at the end of Q2, providing a strong financial buffer to navigate through the industry cycle. Q: What were the key financial metrics for the second quarter of 2026?A: CFO Fan Chunlin reported that net revenue was RMB636.9 million, a decrease of 60.9% year-over-year. Facilitation and servicing expense increased 92.7% to RMB549.3 million, primarily due to the increase in average outstanding loan balance for which the company provided guaranteed services. Sales and marketing expense decreased 68.8% to RMB221.8 million due to decreased borrower acquisition and commission expenses. The company recorded a net loss of RMB183.6 million compared with RMB519.1 million net income in Q2 2025. Basic and diluted net loss per ADS was RMB3.56. Q: How is Jiayin Group managing its risk exposure and asset quality during this period of industry-wide liquidity tightening?A: The CEO explained that the company proactively reduced its risk exposure and steadily mitigated existing portfolio risk, concentrating on its core base of high-quality borrowers. Collection efforts were intensified, with the 30-day collection rate improving consecutively quarter-on-quarter. As of the end of Q2 2026, the 90-plus day delinquency rate stood at 2.21%, remaining stable on a sequential basis, demonstrating the effectiveness of the company's risk management strategies during the challenging environment. Q: What is the company's vision for transitioning from a loan facilitation service provider to a technology service provider?A: The CEO outlined that technology empowerment is a critical pillar of the strategic transformation. Looking ahead, Jiayin will focus on building a customer data platform tailored for financial institutions, enabling existing borrower segmentation and targeting capabilities with full integration into the automated marketing platform. This will establish a standardized and scalable framework for technology service delivery, supporting the company's evolution into a more comprehensive technology service provider. Additionally, AI is evolving from a stand-alone tool into a systemic capability, helping the company maintain operational efficiency and cost competitiveness during the business adjustment period. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

This article first appeared on GuruFocus. Transaction Volume: RMB19.3 billion, a decrease of 45.8% year-over-year. Net Revenue: RMB756.7 million, a decrease of 57.4% year-over-year. Net Loss: RMB61.7 million, compared to RMB539.5 million net income in the same period of 2025. Facilitation and Servicing Expense: RMB351.6 million, a decrease of 1.3% year-over-year. Sales and Marketing Expense: RMB340.1 million, a decrease of 49.6% year-over-year. General and Administrative Expense: RMB44.1 million, a decrease of 16.5% year-over-year. R&D Expense: RMB109.8 million, an increase of 24.6% year-over-year. Non-GAAP Loss from Operation: RMB70.1 million, compared to RMB606.6 million non-GAAP income from operation in the same period of 2025. Cash and Cash Equivalents: RMB43.4 million, compared to RMB61.8 million at the end of the previous quarter. Repeat Borrowing Contribution: 76.3% of transaction volume, an increase of 4.4 percentage points from the same period last year. 90-plus-day Delinquency Ratio: 2.25% as of the end of the first quarter. Technology Empowerment Business Transaction Volume: RMB1.52 billion, a sequential increase of approximately 67.6%. International Business - Indonesia Loan Volume: Increased by 20% quarter-over-quarter and more than doubled year-over-year. International Business - Mexico Loan Volume: Increased by 35% sequentially during the first quarter. Warning! GuruFocus has detected 6 Warning Signs with JFIN. Is JFIN fairly valued? Test your thesis with our free DCF calculator. Release Date: June 23, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Jiayin Group Inc (NASDAQ:JFIN) achieved a transaction volume of RMB19.3 billion, despite a challenging market environment. Repeat borrowing accounted for 76.3% of transaction volume, indicating strong engagement with existing borrowers. The technology empowerment business saw a sequential increase of approximately 67.6% in transaction volume, highlighting successful expansion efforts. The company launched a fully-digitalized Version 3.0 system for auto-backed loans, maintaining strong growth momentum. International business showed significant growth, with loan volumes in Indonesia increasing by 20% quarter-over-quarter and more than doubling year-over-year. Jiayin Group Inc (NASDAQ:JFIN) reported a net loss of approximately RMB61.7 million for the first quarter. Transaction volume decreased by 45.8% year-over-year, reflecting industry pressures and reduced credit demand. Net revenue decreased by 57.4% from the same period of 2025, indicating significant revenue challenges. The 90-plus-day delinquency ratio increased to 2.25%, suggesting rising credit risk. Sales and marketing expenses decreased by 49.6%, primarily due to decreased borrower acquisition expenses, which may impact future growth. Q: We have seen the company reported a net loss of almost RMB62 million for the fourth quarter. What are the primary drivers behind this performance? Any operational adjustments to improve feasibilities moving forward? A: The net loss of RMB61.7 million was primarily driven by the new regulation implemented last year, which enforced a lower rate cap, leading to a significant reduction in loan volume and a liquidity crunch. The company has been adjusting to these changes, implementing cost control measures, and expects better cash flow and liquidity in the upcoming quarter. - Dinggui Yan, CEO Q: Could you provide some color on the risk plan throughout the first quarter and into April and May? Are we seeing an improvement in the risk metrics? A: The deterioration in asset quality has been improving. Credit risk among new borrowers peaked last year and has since trended downward. By March and April, new borrower metrics declined to the lowest levels recorded last year. For existing borrowers, risk levels have fallen by 25% to 30% from their peak, returning to levels seen in May and June of last year. The company has tightened borrower selection criteria and optimized asset mix, improving overall operational quality. - Dan Qi, Chief Risk Officer Q: What initiatives are being taken to enhance the company's business model and operations? A: Jiayin Group is focusing on three key initiatives: enhancing the joint operations and tech empowerment model, developing a diversified product portfolio, and expanding international business. These initiatives aim to improve borrower engagement, expand technology services, and increase presence in international markets, contributing to long-term growth. - Dinggui Yan, CEO Q: How is the company leveraging AI technologies to improve operations? A: AI technologies are being integrated into the fintech ecosystem to enhance risk management, improve development efficiency, and optimize customer service operations. AI-assisted code generation has improved development efficiency by 20%, and service efficiency has been significantly enhanced with improved recognition accuracy. These initiatives are reshaping operations and unlocking productivity gains. - Dinggui Yan, CEO Q: Can you elaborate on the company's international business performance and strategy? A: In Indonesia, loan volume increased by 20% quarter-over-quarter and more than doubled year-over-year. In Mexico, growth has been even faster, with local partner loan volume increasing by 35% sequentially. The company continues to expand its presence in these markets, leveraging strategic investments to export advanced technology capabilities and operational expertise. - Dinggui Yan, CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript.

SHANGHAI, June 23, 2026 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Operational and Financial Highlights: Transaction volume1 was RMB19.3 billion (US$2.8 billion), representing a decrease of 45.8% from the same period of 2025. Average borrowing amount per borrowing was RMB7,111 (US$1,031), representing a decrease of 11.0% from the same period of 2025. Repeat borrowing contribution2 was 76.3%, compared with 71.9% in the same period of 2025. 90 day+ delinquency ratio3 was 2.25% as of March 31, 2026. Net revenue was RMB756.7 million (US$109.7 million), representing a decrease of 57.4% from the same period of 2025. Loss from operation was RMB70.1 million (US$10.2 million), compared with RMB606.6 million income from operation in the same period of 2025. Non-GAAP4 loss from operation was RMB70.1 million (US$10.2 million), compared with RMB606.6 million non-GAAP4 income from operation in the same period of 2025. Net loss was RMB61.7 million (US$8.9 million), compared with RMB539.5 million net income in the same period of 2025. _________________________ 1 “Transaction volume” refers to the total loan transaction volume in Chinese Mainland during the period presented.2 “Repeat borrowing contribution” for a given period refers to the percentage of transaction volume in Chinese Mainland attributable to repeat borrowers during that period. “Repeat borrowers” during a certain period refers to borrowers who have borrowed in such period and have borrowed at least twice since such borrowers’ registration on our platform until the end of such period.3 “90 day+ delinquency ratio” refers to the outstanding principal balance of loans that were 91 to 180 calendar days past due as a percentage of the total outstanding principal balance of loans facilitated through the Company’s platform as of a specific date. Loans facilitated outside Chinese Mainland are not included in the calculation.4 Please see the section entitled “Use of Non-GAAP Financial Measure” below and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release. Mr. Yan Dinggui, the Company’s Founder, Director and Chief Executive Officer, commented: “In the first quarter of 2026, the industry continued to adapt to a complex macro environment, and we remained focused on strengthening operational resilience and asset quality. Our total transaction volume for the quarter reached RMB 19.3 billion, in line with our previously communicated guidance, while net revenue was RMB 756.7 million. During this period, we proactively adjusted our business mix, implemented more stringent credit standards to mitigate risk, and further developed our overseas business. We deepened our technology-empowerment partnerships with financial institutions and continued to broaden our offerings. We also continued to invest strategically in our technology infrastructure and AI-driven risk management capabilities, steadily enhancing our operational efficiency and cost management. Looking forward, we will maintain a disciplined and prudent approach as market dynamics evolve, with the goal of navigating market cycles through resilient and efficient operations.” First Quarter 2026 Financial Results Net revenue was RMB756.7 million (US$109.7 million), representing a decrease of 57.4% from the same period of 2025. Revenue from loan facilitation services was RMB460.1 million (US$66.7 million), representing a decrease of 68.9% from the same period of 2025. The decrease was primarily attributable to lower transaction volume, as well as the service fee adjustments. Revenue from releasing of guarantee liabilities was RMB217.7 million (US$31.6 million) compared with RMB170.6 million in the same period of 2025. The year-over-year increase was primarily due to the increase in average outstanding loan balances for which the Company provided guarantee services. Other revenue was RMB78.9 million (US$11.4 million), compared with RMB126.4 million for the same period of 2025. The decrease was primarily due to the decrease in the contribution from referral fees. Facilitation and servicing expense was RMB331.6 million (US$48.1 million), representing a decrease of 1.3% from the same period of 2025. Allowance for uncollectible receivables, contract assets, prepaid expenses and other current assets and others was RMB1.1 million (US$0.2 million), compared with RMB17.5 million for the same period of 2025, primarily due to the decrease in allowance for oversea contingent guarantees. Sales and marketing expense was RMB340.1 million (US$49.3 million), representing a decrease of 49.6% from the same period of 2025, primarily due to decreased borrower acquisition expenses. General and administrative expense was RMB44.1 million (US$6.4 million), representing a decrease of 16.5% from the same period of 2025, primarily due to decreased professional service fees. Research and development expense was RMB109.8 million (US$15.9 million), representing an increase of 24.6% from the same period of 2025, primarily driven by an increase in technology infrastructure expenses and employee costs. Loss from operation was RMB70.1 million (US$10.2 million), compared with RMB606.6 million income from operation in the same period of 2025. Non-GAAP loss from operation was RMB70.1 million (US$10.2 million), compared with RMB606.6 million non-GAAP income from operation in the same period of 2025. Net loss was RMB61.7 million (US$8.9 million), compared with RMB539.5 million net income in the same period of 2025. Basic and diluted net loss per share were both RMB0.29 (US$0.04) compared with RMB2.53 basic and diluted net income per share in the first quarter of 2025. Basic and diluted net loss per ADS were both RMB1.16 (US$0.16) compared with RMB10.12 basic and diluted net income per ADS in the first quarter of 2025. Each ADS represents four Class A ordinary shares of the Company. Cash and cash equivalents were RMB43.4 million (US$6.3 million) as of March 31, 2026, compared with RMB61.8 million as of December 31, 2025. The following chart and table display the historical cumulative M3+ Delinquency Rate by Vintage for loan products facilitated through the Company’s platform in Chinese Mainland. Business Outlook The Company expects its transaction volume for the second quarter of 2026 to be in the range of RMB9.5 billion to RMB10.5 billion. This outlook reflects a disciplined recalibration of our strategy as we prioritize asset quality and operational resilience amidst the evolving regulatory and macroeconomic landscape. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change. Recent Development Share Repurchase Plan Update In June, 2026, the Company’s Board of Directors approved to extend the share repurchase plan for another period of 12 months, commencing on June 13, 2026 and ending on June 12, 2027. Pursuant to the extended share repurchase plan, the Company may repurchase its ordinary shares through June 12, 2027 with an aggregate value not exceeding the remaining balance under the share repurchase plan. As of June 23, 2026, the Company had repurchased approximately 4.6 million of its American depositary shares for approximately US$30.4 million. Conference Call The Company will conduct a conference call to discuss its financial results on June 23, 2026, at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day). To join the conference call, all participants must use the following link to complete the online registration process in advance. Upon registering, each participant will receive access details for this event including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call. Participant Online Registration: https://register-conf.media-server.com/register/BI9ec10bb5cd874c548096cbdae6e3f52b A live and archived webcast of the conference call will be available on the Company’s investors relations website at http://ir.jiayintech.cn/. About Jiayin Group Inc. Jiayin Group Inc. is a leading fintech platform in China committed to facilitating effective, transparent, secure and fast connections between underserved individual borrowers and financial institutions. The origin of the business of the Company can be traced back to 2011. The Company operates a highly secure and open platform with a comprehensive risk management system and a proprietary and effective risk assessment model which employs advanced big data analytics and sophisticated algorithms to accurately assess the risk profiles of potential borrowers. For more information, please visit http://ir.jiayintech.cn/. Use of Non-GAAP Financial Measure We use non-GAAP income from operation, which is a non-GAAP financial measure, in evaluating our operating results and for financial and operational decision-making purposes. We believe that the non-GAAP financial measure helps identify underlying trends in our business by excluding the impact of share-based compensation expenses. We believe that non-GAAP financial measure provides useful information about our operating results, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. Non-GAAP income from operation represents income from operation excluding share-based compensation expenses. Such adjustment has no impact on income tax. Non-GAAP income from operation is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as analytical tool, and when assessing our operating performance, cash flows or our liquidity, investors should not consider it in isolation, or as a substitute for income from operation, net income, cash flows provided by operating activities or other consolidated statements of operation and cash flow data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review our financial information in its entirety and not rely on a single financial measure. For more information on this non-GAAP financial measure, please see the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP results” set forth at the end of this press release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at a specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.8980 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of March 31, 2026. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Safe Harbor / Forward-Looking Statements This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Potential risks and uncertainties include, but are not limited to, those relating to the Company’s ability to retain existing borrowers and attract new borrowers in an effective and cost-efficient way, the Company’s ability to increase the transaction volume through its marketplace, effectiveness of the Company’s credit assessment model and risk management system, PRC laws and regulations relating to the online individual finance industry in China, general economic conditions in China, and the Company’s ability to meet the standards necessary to maintain listing of its ADSs on the Nasdaq Stock Market or other stock exchange, including its ability to cure any non-compliance with the continued listing criteria of the Nasdaq Stock Market. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. For investor and media inquiries, please contact: Jiayin Group Ms. Emily LuEmail: [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5f5f077c-ac68-4e5c-ae8d-a527625b1ba4

This article first appeared on GuruFocus. Full Year Revenue: RMB6.22 billion, up approximately 7.3% year-on-year. Full Year Net Income: RMB1.54 billion, a year-on-year increase of approximately 45.4%. Full Year Loan Facilitation Volume: RMB129 billion, representing a year-on-year increase of approximately 28%. Q4 Loan Facilitation Volume: RMB24.2 billion, a decrease of 12.6% from the same period of 2024. Q4 Net Revenue: RMB1,090.2 million, a decrease of 22.4% from the same period of 2024. Q4 Net Income: RMB100.6 million, compared with RMB275.5 million in the same period of 2024. Q4 Basic and Diluted Net Income per Share: RMB0.49, compared with RMB1.30 in the fourth quarter of 2024. Q4 Basic and Diluted Net Income per ADS: $1.96, compared with $5.20 in the fourth quarter of 2024. Cash and Cash Equivalents: $61.8 million as of the end of the quarter, compared with $124.2 million as of September 30, 2025. Dividend Distributions: US $41.1 million, an increase of over 50% year-on-year. Share Repurchase Program: Nearly 4.6 million ADS repurchased, total value approximately $30.4 million. 90-plus Day Delinquency Ratio: 2.03% as of the end of the fourth quarter. Warning! GuruFocus has detected 6 Warning Signs with JFIN. Is JFIN fairly valued? Test your thesis with our free DCF calculator. Release Date: March 31, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Jiayin Group Inc (NASDAQ:JFIN) achieved a loan facilitation volume of RMB129 billion for the full year, marking a 28% year-on-year increase. The company reported a revenue of RMB6.22 billion, up 7.3% year-on-year, and a net income of RMB1.54 billion, a 45.4% increase, showcasing operational resilience. Jiayin Group Inc (NASDAQ:JFIN) maintained partnerships with 79 financial institutions and is negotiating with an additional 53, indicating strong collaborative efforts. The company made significant progress in AI technologies, enhancing risk management and marketing through AI-driven strategies. Jiayin Group Inc (NASDAQ:JFIN) expanded its global footprint, with significant growth in Indonesia and Mexico, demonstrating successful international market penetration. Loan facilitation volume in Q4 decreased by 12.6% from the same period in 2024, reflecting challenges in maintaining growth momentum. Net revenue for Q4 was RMB1,090.2 million, a decrease of 22.4% from the same period in 2024, indicating financial pressure. The company faced increased general and administrative expenses, up 24.4% year-on-year, primarily due to higher employee costs. Jiayin Group Inc (NASDAQ:JFIN) experienced a decline in net income for Q4, with RMB100.6 million compared to RMB275.5 million in the same period of 2024. The company's cash and cash equivalents decreased significantly, from $124.2 million as of September 30, 2025, to $61.8 million at the end of the quarter. Q: Could the management share how your risk metrics have been trending in the fourth quarter of 2025 and year-to-date in 2026? Given the recent volatility in the industry, how have you adjusted your customer acquisition strategy? A: Sam Li, Head of Investor Relations, explained that risk levels peaked around late September to early October 2025 and began declining in December. Jiayin Group proactively adjusted its channel mix, tightened standards for new borrowers, and focused on higher quality, resilient borrowers. This structured risk management approach improved risk metrics by approximately 25% to 30%. Q: With the regulatory environment in China continuing to tighten, what are your expectations for growth this year? In particular, how do you see the key metrics like loan facilitation volume and profitability trending? A: Chunlin Fan, Chief Financial Officer, noted that Jiayin Group achieved a total facilitation volume of RMB129 billion in 2025. However, due to regulatory tightening, Q4 volume declined to RMB24.2 billion. Despite short-term profitability pressures, the company expects to navigate through this period and enter a phase of high-quality, moderate growth. Q: Could the management elaborate on Jiayin's strategy, roadmap, and future outlook in the overseas market? A: Sam Li highlighted that Jiayin's operations in Indonesia and Mexico have been growing rapidly, with volumes doubling year-over-year in 2025. The company plans to continue this momentum in 2026, focusing on localization strategies and expanding partnerships with local and international financial institutions. Q: How is Jiayin Group leveraging artificial intelligence in its operations? A: Sam Li mentioned that Jiayin Group made significant progress in AI in 2025, focusing on multimodal technologies, anti-fraud measures, and AI-powered content generation. The company plans to upgrade its AI strategy in 2026, embedding AI more deeply into its business value chain to drive sustainable development. Q: What are Jiayin Group's plans for shareholder returns in 2026? A: Sam Li stated that Jiayin Group completed cash dividend distributions totaling US $41.1 million in 2025 and increased the share repurchase program quota to no less than US $80 million. The company plans to maintain its existing dividend policy and use the remaining repurchase capacity to deliver sustainable returns to shareholders. For the complete transcript of the earnings call, please refer to the full earnings call transcript.