FinVolution Group

NYSE FINV

FinVolution Group Return on Assets (ROA) for the year ending December 31, 2023: 10.99%

FinVolution Group Return on Assets (ROA) is 10.99% for the year ending December 31, 2023, a 3.72% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

FinVolution Group Return on Assets (ROA) for the year ending December 31, 2022 was 10.60%, a -23.37% change year over year.
FinVolution Group Return on Assets (ROA) for the year ending December 31, 2021 was 13.83%, a 4.35% change year over year.
FinVolution Group Return on Assets (ROA) for the year ending December 31, 2020 was 13.26%, a 2.25% change year over year.
FinVolution Group Return on Assets (ROA) for the year ending December 31, 2019 was 12.96%, a -31.00% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NYSE: FINV

FinVolution Group

CEO	Mr. Tiezheng Li
IPO Date	Nov. 9, 2017
Location	China
Headquarters	Building G1
Employees	3,648
Sector	Finance
Industries Fintech Banking & Lending

Description

FinVolution Group operates fintech platform that connects underserved individual borrowers with financial institutions in China. It operates in online consumer finance industry. The company's platform empowered by proprietary technologies, features automated loan transaction process, which enables a user experience. As of March 31, 2022, it had approximately 145.3 million cumulative registered users. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019. FinVolution Group was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.

Key trends

Past 5 years