CNFinance Holdings (CNF) EBIT (2017 - 2023)
CNFinance Holdings' (CNF) quarterly EBIT came in at -$13.6 million in Q4 2023, down 11.67% YoY from -$15.4 million in Q4 2022, and up 5.79% on a QoQ basis from -$14.5 million in Q3 2023.
CNFinance Holdings (CNF) EBIT (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has 7 years of EBIT data on file, last reported at -$13.6 million in Q4 2023.
- Quarterly EBIT fell 11.67% year-over-year to -$13.6 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$53.4 million (down 6.52% YoY) and the FY2025 annual result came in at -$25.4 million, up 54.29% from the prior year.
- EBIT climbed to -$13.6 million in Q4 2023, from -$14.5 million in the prior quarter.
- In the past five years, EBIT ranged from a high of -$11.7 million in Q3 2022 to a low of -$23.4 million in Q4 2019.
- A 5-year average of -$15.2 million and a median of -$14.3 million in 2021 frame the typical range for EBIT.
- Annual changes were most pronounced in 2019 — EBIT surged 45.1% — and 2023, when it retreated 23.85%.
- Tracing CNF's EBIT over 5 years: 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), -$14.5 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 | 39.89 Bn | 36.79 Bn | - | 655.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.43 Bn | 36.43 Bn | - | 38.30 Bn |
| 3 | Federal Home Loan Mortgage | 18.24 Bn | 13.92 Bn | - | 33.04 Bn |
| 4 | PennyMac Financial Services | 3.95 Bn | 3.20 Bn | 480.08 Mn | 14.64 Mn |
| 5 | CNFinance Holdings | 1.54 Bn | 1.47 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 18.88 Mn |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 128.81 Mn |
| 8 | UWM Holdings | 482.66 Mn | -15.75 Mn | - | -313.98 Mn |
| 9 | Onity | 303.97 Mn | 107.67 Mn | - | 88.00 Mn |
| 10 | loanDepot | 201.58 Mn | -109.56 Mn | - | 30.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -13.63 Mn |
| Sep 30, 2023 | -14.47 Mn |
| Jun 30, 2023 | -13.61 Mn |
| Mar 31, 2023 | -11.69 Mn |
| Dec 31, 2022 | -12.21 Mn |
| Sep 30, 2022 | -11.68 Mn |
| Jun 30, 2022 | -13.64 Mn |
| Mar 31, 2022 | -12.60 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 |