CNFinance Holdings (CNF) EBIT (2017 - 2023)
CNFinance Holdings (CNF) reported EBIT of -$13.6 million for Q4 2023, down 11.67% on a YoY basis from -$15.4 million in Q4 2022, and up 6.6% quarter-over-quarter from -$14.6 million in Q3 2023.
CNFinance Holdings (CNF) EBIT (2017 - 2023) Analysis & Trends
CNFinance Holdings has reported EBIT for 7 years, with the latest figure at -$13.6 million in Q4 2023.
- For the quarter ending Q4 2023, EBIT fell 11.67% year-over-year to -$13.6 million; the trailing twelve-month figure through Dec 2023 stood at -$53.6 million (down 6.44% YoY), and the FY2025 full-year result was -$25.4 million, up 54.29% from the prior year.
- EBIT for Q4 2023 stood at -$13.6 million, up from -$14.6 million in the prior quarter.
- The five-year high for EBIT was -$11.7 million in Q3 2022, with the low at -$23.4 million in Q4 2019.
- Historically, EBIT has averaged -$15.2 million across 5 years, with a median of -$14.3 million in 2021.
- Annual changes were most pronounced in 2019 — EBIT surged 45.1% — and 2023, when it declined 24.92%.
- CNFinance Holdings' EBIT stood at -$23.4 million in 2019, then climbed by 26.22% to -$17.3 million in 2020, then grew by 3.31% to -$16.7 million in 2021, then rose by 26.84% to -$12.2 million in 2022, then slipped by 11.67% to -$13.6 million in 2023.
- The last three EBIT figures came in at -$13.6 million (Q4 2023), -$14.6 million (Q3 2023), and -$13.6 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | 749.00 Mn |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | 83.60 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | 40.85 Mn |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | 318.27 Mn |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 121.18 Mn |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | -45.19 Mn |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 90.60 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | -12.04 Mn |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - | 1.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -13.63 Mn |
| Sep 30, 2023 | -14.59 Mn |
| Jun 30, 2023 | -13.61 Mn |
| Mar 31, 2023 | -11.74 Mn |
| Dec 31, 2022 | -12.21 Mn |
| Sep 30, 2022 | -11.68 Mn |
| Jun 30, 2022 | -13.86 Mn |
| Mar 31, 2022 | -12.59 Mn |
| Dec 31, 2021 | -16.68 Mn |
| Sep 30, 2021 | -14.34 Mn |
| Jun 30, 2021 | -13.53 Mn |
| Mar 31, 2021 | -14.34 Mn |
| Dec 31, 2020 | -17.26 Mn |
| Sep 30, 2020 | -17.31 Mn |
| Jun 30, 2020 | -16.15 Mn |
| Mar 31, 2020 | -14.18 Mn |
| Dec 31, 2019 | -23.39 Mn |
| Sep 30, 2019 | -15.76 Mn |
| Jun 30, 2019 | -17.20 Mn |
| Mar 31, 2019 | -20.43 Mn |