CNFinance Holdings (CNF) Operating Expenses (2018 - 2023)
CNFinance Holdings' (CNF) quarterly Operating Expenses came in at -$554000.0 in Q4 2023, down 104.68% YoY from $11.8 million in Q4 2022, and up 12.2% on a QoQ basis from -$631000.0 in Q3 2023.
CNFinance Holdings (CNF) Operating Expenses (2018 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has 6 years of Operating Expenses data on file, last reported at -$554000.0 in Q4 2023.
- Quarterly Operating Expenses fell 104.68% year-over-year to -$554000.0 in Q4 2023, while the trailing twelve-month figure through Jun 2025 was -$554000.0 (up 67.26% YoY) and the FY2023 annual result came in at -$2.3 million, down 104.57% from the prior year.
- Operating Expenses rose to -$554000.0 in Q4 2023, from -$631000.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $16.6 million in Q4 2021 to a low of -$1.5 million in Q1 2019.
- A 5-year average of $717487.9 and a median of -$618000.0 in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2019 — Operating Expenses plunged 800.0% — and 2021, when it surged 2482.46%.
- Tracing CNF's Operating Expenses over 5 years: stood at -$1.2 million in 2019, then surged by 39.41% to -$698000.0 in 2020, then surged by 2482.46% to $16.6 million in 2021, then slipped by 28.82% to $11.8 million in 2022, then slumped by 104.68% to -$554000.0 in 2023.
- The last three Operating Expenses figures came in at -$554000.0 (Q4 2023), -$631000.0 (Q3 2023), and -$507000.0 (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 40.12 Bn | 37.02 Bn | - | 2.50 Bn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.73 Bn | 36.73 Bn | - | 2.07 Bn |
| 3 | Federal Home Loan Mortgage | 18.30 Bn | 13.98 Bn | - | 2.10 Bn |
| 4 | PennyMac Financial Services | 3.91 Bn | 3.16 Bn | 480.08 Mn | 465.44 Mn |
| 5 | CNFinance Holdings | 1.53 Bn | 1.46 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 304.62 Mn |
| 7 | Velocity Financial | 707.21 Mn | -6.75 Bn | - | 59.75 Mn |
| 8 | UWM Holdings | 477.60 Mn | -20.81 Mn | - | 635.05 Mn |
| 9 | Onity | 300.08 Mn | 103.78 Mn | - | 139.00 Mn |
| 10 | loanDepot | 207.46 Mn | -103.68 Mn | - | 343.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -554,000.00 |
| Sep 30, 2023 | -631,000.00 |
| Jun 30, 2023 | -507,000.00 |
| Mar 31, 2023 | -605,000.00 |
| Dec 31, 2022 | 11.84 Mn |
| Sep 30, 2022 | -531,000.00 |
| Jun 30, 2022 | -513,000.00 |
| Mar 31, 2022 | -559,000.00 |
| Dec 31, 2021 | 16.63 Mn |
| Sep 30, 2021 | -574,000.00 |
| Jun 30, 2021 | -567,000.00 |
| Mar 31, 2021 | -632,000.00 |
| Dec 31, 2020 | -698,000.00 |
| Sep 30, 2020 | -641,000.00 |
| Jun 30, 2020 | -844,000.00 |
| Mar 31, 2020 | -963,000.00 |
| Dec 31, 2019 | -1.15 Mn |
| Sep 30, 2019 | -1.22 Mn |
| Jun 30, 2019 | -1.39 Mn |
| Mar 31, 2019 | -1.54 Mn |