CNFinance Holdings (CNF) EBIT (2017 - 2023)
CNFinance Holdings' (CNF) quarterly EBIT came in at -$1.6 million in Q4 2023, down 164.43% on a YoY basis from $2.5 million in Q4 2022, and down 135.18% quarter-over-quarter from $4.6 million in Q3 2023.
Analysis
CNFinance Holdings (CNF) EBIT (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has reported EBIT for 7 consecutive years, with -$1.6 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, EBIT fell 164.43% year-over-year to -$1.6 million; the trailing twelve-month figure through Dec 2023 stood at $12.0 million (down 6.25% YoY), and the FY2025 full-year result was -$25.4 million, up 54.29% from the prior year.
- EBIT eased to -$1.6 million in Q4 2023 per CNF's latest filing, from $4.6 million in the prior quarter.
- Across five years, EBIT topped out at $28.6 million in Q3 2019 and bottomed at -$22.9 million in Q4 2021.
- Historically, EBIT has averaged $5.4 million across 5 years, with a median of $4.9 million in 2023.
- The sharpest annual moves came in 2021 and 2022: EBIT sank 247.03% in 2021, then jumped 5995.05% in 2022.
- Over 5 years, EBIT stood at $2.9 million in 2019, then soared by 434.27% to $15.6 million in 2020, then tumbled by 247.03% to -$22.9 million in 2021, then jumped by 110.83% to $2.5 million in 2022, then slumped by 164.43% to -$1.6 million in 2023.
- According to Business Quant data, EBIT over the past three periods registered -$1.6 million, $4.6 million, and $2.7 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 83.31 Bn | 83.31 Bn | - | 38.30 Bn |
| 2 | Rocket Companies | 38.09 Bn | 34.99 Bn | - | 655.00 Mn |
| 3 | Figure Technology Solutions | 8.45 Bn | 6.92 Bn | 196.67 Mn | 77.74 Mn |
| 4 | PennyMac Financial Services | 3.68 Bn | 2.93 Bn | 480.08 Mn | 14.64 Mn |
| 5 | Federal Agricultural Mortgage | 2.45 Bn | 1.41 Bn | - | 414.02 Mn |
| 6 | CNFinance Holdings | 1.41 Bn | 1.41 Bn | - | - |
| 7 | Walker & Dunlop | 1.38 Bn | 1.21 Bn | - | 18.88 Mn |
| 8 | Velocity Financial | 703.72 Mn | -6.75 Bn | - | 128.81 Mn |
| 9 | UWM Holdings | 467.47 Mn | -30.93 Mn | - | -313.98 Mn |
| 10 | Onity | 290.33 Mn | 94.03 Mn | - | 88.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -1.60 Mn |
| Sep 30, 2023 | 4.55 Mn |
| Jun 30, 2023 | 2.72 Mn |
| Mar 31, 2023 | 6.30 Mn |
| Dec 31, 2022 | 2.49 Mn |
| Sep 30, 2022 | 5.95 Mn |
| Jun 30, 2022 | -1.13 Mn |
| Mar 31, 2022 | 5.46 Mn |
| Dec 31, 2021 | -22.95 Mn |
| Sep 30, 2021 | -101,000.00 |
| Jun 30, 2021 | 8.52 Mn |
| Mar 31, 2021 | 13.13 Mn |
| Dec 31, 2020 | 15.61 Mn |
| Sep 30, 2020 | 5.20 Mn |
| Jun 30, 2020 | 842,000.00 |
| Mar 31, 2020 | -14.41 Mn |
| Dec 31, 2019 | 2.92 Mn |
| Sep 30, 2019 | 28.55 Mn |
| Jun 30, 2019 | 25.97 Mn |
| Mar 31, 2019 | 20.20 Mn |