X Financial (XYF) Q2 2024 Earnings Call Transcript Summary
X Financial (XYF) Q2 2024 Earnings Call Transcript Summary
The following is a summary of the X Financial (XYF) Q2 2024 Earnings Call Transcript:
以下是小贏科技（XYF）2024年第二季度業績會議記錄摘要：
Financial Performance:
金融業績：
X Financial reported a net revenue increase to RMB 1.4 billion, up 12.5% year-on-year.
Net income grew significantly, reaching a record high of RMB 415 million, growing 13% year-on-year.
Origination and service expenses rose by 19% due to increased collection efforts, while borrower acquisition and marketing expenses saw a minor decrease of 3%.
They have implemented a share repurchase program of 20 million shares and completed a tender offer for 2 million ADS, enhancing shareholder value.
小贏科技報告淨收入增至14億人民幣，同比增長12.5%。
淨利潤顯著增長，達到4.15億元人民幣，同比增長13%。
由於催收工作加強，借款人獲得和營銷費用略有下降，但起始和服務費用增加了19%。
他們實施了2,000萬股的股份回購計劃，並完成了回購了200萬ADS的要約，提升了股東價值。
Business Progress:
業務進展：
X Financial has adapted its loan volume management in response to asset quality, resulting in a sequential increase in loan volume while maintaining control over delinquency rates.
The company has refined its risk management systems for sustainable profitability and expects loan volumes to recover in the second half of the year.
A semi-annual dividend policy was established, with the declaration of $0.17 per ADS for the first half of 2024.
小贏科技已根據資產質量調整了貸款規模管理，結果貸款規模環比增長，同時控制了逾期率。
該公司已完善風險管理系統，以實現可持續盈利，並預計貸款量將在今年下半年恢復。
制定了半年度股息政策，並宣佈2024年上半年每股美國存託憑證的股息爲0.17美元。
Opportunities:
機會：
There are plans to ease strict controls on loan volumes, anticipating a gradual recovery, supported by improved asset quality and refined risk management systems.
計劃放寬對貸款額度的嚴格控制，預計逐步恢復，得益於提高的資產質量和完善的風險管理系統。
Risks:
風險：
Delinquency performance showcased significant year-on-year increases, potentially impacting future revenue from loans despite current management efforts.
逾期表現顯示出顯著的年度增長，可能影響未來的貸款收入，儘管目前管理層已採取努力措施。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章內容的準確性無法完全保證。有關更全面的詳細信息，請參閱IR網站。本文只是爲投資者提供參考，沒有任何指導或推薦建議。