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Consolidated Statements of Comprehensive Income
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Operating revenue:        
Net revenues $ 1,790,010 ¥ 13,065,824 ¥ 12,547,445 ¥ 11,134,203
Operating expenses:        
Origination, servicing expenses and other cost of revenue (326,311) (2,381,839) (2,111,515) (2,038,587)
Origination, servicing expenses and other cost of revenue-related party (37)
Sales and marketing expenses (275,952) (2,014,254) (1,887,442) (1,685,022)
General and administrative expenses (56,656) (413,548) (390,022) (401,731)
Research and development expenses (68,053) (496,740) (510,986) (491,484)
Credit losses for quality assurance commitment (628,451) (4,587,254) (4,422,802) (3,195,220)
Provision for loans receivable (43,842) (320,013) (586,843) (415,902)
Provision for accounts receivable and contract assets (43,436) (317,049) (253,948) (390,882)
Total operating expenses (1,442,701) (10,530,697) (10,163,558) (8,618,865)
Other income        
Other income, net 42,487 310,123 394,698 220,693
Profit before income tax expenses 389,796 2,845,250 2,778,585 2,736,031
Income tax expenses (62,664) (457,405) (395,100) (454,775)
Net profit 327,132 2,387,845 2,383,485 2,281,256
Net profit attributable to non-controlling interest shareholders (644) (4,699) (42,650) (14,874)
Net profit attributable to FinVolution Group’s ordinary shareholders 326,488 2,383,146 2,340,835 2,266,382
Net profit 327,132 2,387,845 2,383,485 2,281,256
Foreign currency translation adjustment, net of nil tax 1,729 12,620 27,769 69,006
Total comprehensive income 328,861 2,400,465 2,411,254 2,350,262
Total comprehensive income attributable to non-controlling interest shareholders (644) (4,699) (42,650) (14,874)
Total comprehensive income attributable to FinVolution Group’s ordinary shareholders $ 328,217 ¥ 2,395,766 ¥ 2,368,604 ¥ 2,335,388
Weighted average number of ordinary shares used in computing net profit per share        
Basic 1,287,853,207 1,287,853,207 1,374,713,018 1,412,648,862
Diluted 1,320,229,492 1,320,229,492 1,402,947,561 1,454,291,316
Net profit per ADS attributable to FinVolution Group’s ordinary shareholders (one ADS equals to five ordinary shares)        
Basic | (per share) $ 0.25 ¥ 1.85 ¥ 1.70 ¥ 1.60
Diluted | (per share) 0.25 1.81 1.67 1.56
American Depositary Share [Member]        
Net profit per ADS attributable to FinVolution Group’s ordinary shareholders (one ADS equals to five ordinary shares)        
Basic | (per share) 1.27 9.25 8.51 8.02
Diluted | (per share) $ 1.24 ¥ 9.03 ¥ 8.34 ¥ 7.79
Loan Facilitation Service Fees [Member]        
Operating revenue:        
Net revenues $ 643,127 ¥ 4,694,380 ¥ 4,520,504 ¥ 4,430,778
Postfacilitation Service Fees [Member        
Operating revenue:        
Net revenues 238,412 1,740,241 1,969,705 1,929,913
Guarantee Income [Member]        
Operating revenue:        
Net revenues 696,683 5,085,296 4,478,995 3,064,440
Net Interest Income [Member        
Operating revenue:        
Net revenues 116,967 853,779 1,049,379 1,174,204
Financial Service, Other [Member]        
Operating revenue:        
Net revenues $ 94,821 ¥ 692,128 ¥ 528,862 ¥ 534,868