CNFinance Holdings Ltd. (NYSE: CNF), an SEC filer in Finance Services, closed at $2.20, +1.2%, on 2026-08-28. Institutional ownership, earnings history and filed financials are on the tabs below.
| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | CNY 111.7M | −84.3% |
| Gross Profit | — | — |
| EBITDA | -CNY 166.8M | — |
| Net Income | -CNY 470.4M | −1344.9% |
| Diluted EPS | — | — |
| Free Cash Flow | CNY 80.9M | −89.2% |
Bars are the value as filed for every stored fiscal year (oldest → newest, the latest bar solid); a year the store has no value for is left EMPTY. Free cash flow is operating cash flow less capital expenditures for the same year — the only figure here computed from two lines, and a year missing either one is a gap. The 3y/5y/10y CAGRs are the analytics core’s own (positive-base only); no rate is recomputed on this strip, and no rate is shown for a series the core doesn’t publish one for. Diluted EPS is drawn on ONE share basis: as-filed per-share figures from before a split are stated on the old basis, so where the implied share count breaks (net income ÷ EPS, ±1.45× band — the same acceptance band the API’s own classifier uses) the earlier bars are left undrawn and any CAGR horizon reaching past the break is suppressed rather than shown as a rate across two different bases.
Every bar is a figure as filed. Anything a filed line doesn’t explain is drawn as a residual, never absorbed into a neighbouring step.
This filer skips: gross profit, net income.
Reconciliation.
| Step | Applied | Running level | % of revenue | 2024 |
|---|---|---|---|---|
| Revenue · reported | CNY 111.7M | CNY 111.7M | 100.0% | CNY 709.1M |
| R&D | -CNY 3.8M | CNY 107.9M | −3.4% | CNY 1.0M |
| Other (residual) · residual | -CNY 290.6M | -CNY 182.8M | −260.3% | — |
| Operating income · reported | -CNY 182.8M | -CNY 182.8M | −163.7% | -CNY 399.8M |
| Other (residual) · residual | -CNY 401.3M | -CNY 584.1M | −359.4% | — |
| Pretax income · reported | -CNY 584.1M | -CNY 584.1M | −523.1% | CNY 48.3M |
Filed cash-flow lines, summed over the years below.
The remainder is not free cash flow — it absorbs securities, debt movement, other financing and FX.
Partial legs understate: Buybacks 4/6y.
| Fiscal year | Operating Cash Flow | Capex | Acquisitions | Dividends | Buybacks | Debt issued | Debt repaid |
|---|---|---|---|---|---|---|---|
| 2020 | CNY 1.12B | CNY 3.2M | — | — | — | — | — |
| 2021 | CNY 689.7M | CNY 3.8M | — | — | — | — | — |
| 2022 | CNY 919.3M | CNY 89.9M | — | — | CNY 87.6M | — | — |
| 2023 | CNY 1.71B | CNY 114.5M | — | — | CNY 30.7M | — | — |
| 2024 | CNY 757.2M | CNY 7.9M | — | — | CNY 4.6M | — | — |
| 2025 | CNY 84.4M | CNY 3.6M | — | — | CNY 1.8M | — | — |
Blank = not reported that year.
None of the three composites is computable for this filer — each needs two consecutive fiscal years of specific lines (COGS, PP&E, receivables), which many financials and asset-light names legitimately never tag. The trend below is what the store does serve.
| Quality trend | 2025 | Δ vs 2020 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|
| Operating Margin | −163.7% | — | p10 | p11 | |
| Net Margin | −421.3% | — | p10 | p2 | |
| Return on Invested Capital | −4.2% | — | p83 | p12 | |
| Return on Equity | −12.3% | — | p10 | p10 |
Three scores, kept separate. They are not averaged into one “quality” number. They point in different directions (F is a 0–9 count, higher-better; Z is a distress distance, higher-safer; M is a manipulation screen, lower-cleaner) and were fitted on different samples for different questions — a blended figure would be ours, not theirs, and would hide exactly the disagreement that is worth reading.
Sector context. The percentile columns on the trend rows are the ones this payload serves: “vs own” ranks the latest value inside this company’s own served history, “vs sector” inside its sector pool. A blank sector cell means the pool was too thin to rank honestly (or the metric is a currency level, where a cross-currency rank would be meaningless). The three SCORES carry no sector percentile: the payload’s percentile block covers the served ratios only, so “is this Z good for Finance, Insurance & Real Estate?” is a question we cannot answer from what is served, and we don’t pretend to.
Latest vintage only. A 12-year F-Score / Z-Score strip is not drawn. The point-in-time factor store carries valuation, returns, margin, momentum and growth factors — not these composites — and recomputing them here from the annual columns would produce a series that disagrees with the headline above (different vintage of facts, different restatement handling). A score that disagrees with itself is a wrong number, so the history is omitted rather than approximated.
The nine named F-Score checks, the Merton distance-to-default / default probability, ROIIC and the growth-durability CAGRs live on FS · Financial Strength; the full ratio grid — every served ratio, with its own trend and both percentiles — is the Ratios section below.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | — | CNY 601.9M | CNY 1.01B | CNY 1.03B | CNY 709.1M | CNY 111.7M |
| YoY % | +68.2% | +1.3% | -30.9% | -84.3% | ||
| R&D Expense | CNY 10.0M | CNY 1.6M | CNY 760,465 | CNY 1.8M | CNY 1.0M | CNY 3.8M |
| YoY % | -83.9% | -52.5% | +135.6% | -43.6% | +275.2% | |
| Total Operating Expenses | CNY 124.0M | CNY 100.5M | CNY 85.9M | CNY 121.5M | CNY 187.3M | CNY 67.1M |
| YoY % | -19.0% | -14.5% | +41.5% | +54.1% | -64.2% | |
| Operating Income | — | -CNY 380.9M | -CNY 338.6M | -CNY 381.3M | -CNY 399.8M | -CNY 182.8M |
| Interest Expense | CNY 731.3M | CNY 775.6M | — | — | — | — |
| YoY % | +6.1% | |||||
| Interest & Investment Income | CNY 1.83B | CNY 1.76B | CNY 1.57B | CNY 1.58B | CNY 1.34B | CNY 485.0M |
| YoY % | -3.8% | -10.6% | +0.4% | -14.9% | -63.9% | |
| Gains on Sale of Real Estate | — | — | -CNY 30,742 | -CNY 147,644 | CNY 39,563 | — |
| Impairment of Real Estate | — | — | — | CNY 5.9M | — | — |
| Pretax Income | CNY 162.7M | CNY 93.8M | CNY 172.6M | CNY 205.6M | CNY 48.3M | -CNY 584.1M |
| YoY % | -42.4% | +84.1% | +19.2% | -76.5% | ||
| Income Tax | CNY 47.8M | CNY 28.6M | CNY 37.2M | CNY 41.0M | CNY 10.5M | -CNY 113.7M |
| YoY % | -40.3% | +30.4% | +10.2% | -74.4% | ||
| Net Income (incl. NCI) | — | CNY 65.2M | CNY 135.4M | CNY 164.6M | CNY 37.8M | -CNY 470.4M |
| YoY % | +107.6% | +21.6% | -77.0% | |||
| Net Income | CNY 114.9M | CNY 65.2M | CNY 135.4M | — | — | — |
| YoY % | -43.2% | +107.6% | ||||
| EPS (Basic) | CNY 0.08 | CNY 0.05 | CNY 0.10 | CNY 0.12 | — | — |
| YoY % | -37.5% | +100.0% | +20.0% | |||
| EPS (Diluted) | CNY 0.08 | CNY 0.05 | CNY 0.09 | CNY 0.11 | — | — |
| YoY % | -37.5% | +80.0% | +22.2% | |||
| Weighted Avg Shares (Basic) | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B |
| YoY % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Weighted Avg Shares (Diluted) | 1.53B | 1.53B | 1.53B | 1.45B | 1.28B | 1.37B |
| YoY % | +0.0% | +0.1% | -5.3% | -11.3% | +6.9% |
Sector is SIC-based, not GICS. A blank cell means the figure wasn't filed.
