CNFinance Holdings (CNF) Net Margin (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Net Margin came in at 4.31% in Q4 2023, up 59.0% on a YoY basis from 2.71% in Q4 2022, and down 87.05% quarter-over-quarter from 33.31% in Q3 2023.
Analysis
CNFinance Holdings (CNF) Net Margin (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has reported Net Margin for 7 consecutive years, with 4.31% the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Net Margin rose 59.0% year-over-year to 4.31%; the trailing twelve-month figure through Dec 2023 stood at 86.7% (changed N/A YoY), and the FY2025 full-year result was 72.79%, down 6733.0% from the prior year.
- Net Margin declined to 4.31% in Q4 2023 per CNF's latest filing, from 33.31% in the prior quarter.
- Across five years, Net Margin topped out at 428.27% in Q1 2021 and bottomed at 150.68% in Q4 2021.
- Historically, Net Margin has averaged 55.3% across 5 years, with a median of 32.17% in 2023.
- The sharpest annual moves came in 2021 and 2022: Net Margin jumped 45167 bps in 2021, then tumbled 34663 bps in 2022.
- Over 5 years, Net Margin stood at 19.45% in 2019, then surged by 539 bps to 124.26% in 2020, then sank by 221 bps to 150.68% in 2021, then soared by 102 bps to 3.72% in 2022, then climbed by 16 bps to 4.31% in 2023.
- According to Business Quant data, Net Margin over the past three periods registered 4.31%, 33.31%, and 31.03% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | 2.02% |
| 2 | Rocket Companies | 36.90 Bn | 33.80 Bn | - | 8.23% |
| 3 | Figure Technology Solutions | 8.11 Bn | 6.58 Bn | 196.67 Mn | 38.76% |
| 4 | PennyMac Financial Services | 3.60 Bn | 2.85 Bn | 480.08 Mn | 4.37% |
| 5 | Federal Agricultural Mortgage | 2.42 Bn | 1.38 Bn | - | 47.10% |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 0.93% |
| 8 | Velocity Financial | 695.59 Mn | -6.76 Bn | - | - |
| 9 | UWM Holdings | 453.97 Mn | -44.44 Mn | - | -50.89% |
| 10 | Onity | 291.17 Mn | 94.87 Mn | - | -4.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 4.31% |
| Sep 30, 2023 | 33.31% |
| Jun 30, 2023 | 31.03% |
| Mar 31, 2023 | 68.11% |
| Dec 31, 2022 | 3.72% |
| Sep 30, 2022 | 49.55% |
| Jun 30, 2022 | 13.15% |
| Mar 31, 2022 | 81.65% |
| Dec 31, 2021 | -150.68% |
| Sep 30, 2021 | 14.07% |
| Jun 30, 2021 | 102.25% |
| Mar 31, 2021 | 428.27% |
| Dec 31, 2020 | 124.26% |
| Sep 30, 2020 | 20.66% |
| Jun 30, 2020 | 6.28% |
| Mar 31, 2020 | -23.39% |
| Dec 31, 2019 | 19.45% |
| Sep 30, 2019 | 177.09% |
| Jun 30, 2019 | 46.03% |
| Mar 31, 2019 | 56.89% |