CNFinance Holdings (CNF) Operating Expenses (2018 - 2023)
CNFinance Holdings (CNF) posted Operating Expenses of -$554000.0 for Q4 2023, up 12.2% on a QoQ basis from -$631000.0 in Q3 2023, and down 19.4% year-over-year from -$687315.5 in Q4 2022.
CNFinance Holdings (CNF) Operating Expenses (2018 - 2023) Analysis & Trends
CNFinance Holdings' Operating Expenses history runs 6 years deep, the most recent figure standing at -$554000.0 for Q4 2023.
- Quarterly Operating Expenses fell 19.4% 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 was -$554000.0 for Q4 2023 at CNFinance Holdings, up from -$631000.0 in the prior quarter.
- Across five years, Operating Expenses topped out at -$464000.0 in Q4 2022 and bottomed at -$1.5 million in Q1 2019.
- A 5-year average of -$754400.0 and a median of -$618000.0 in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2019 — Operating Expenses tumbled 800.0% — and 2020, when it jumped 47.33%.
- CNFinance Holdings' Operating Expenses stood at -$1.2 million in 2019, then jumped by 39.41% to -$698000.0 in 2020, then rose by 27.36% to -$507000.0 in 2021, then advanced by 8.48% to -$464000.0 in 2022, then fell by 19.4% to -$554000.0 in 2023.
- Business Quant data shows CNF's Operating Expenses at -$554000.0 in Q4 2023, -$631000.0 in Q3 2023, and -$507000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 2.54 Bn |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 2.18 Bn |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 2.02 Bn |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 440.29 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 275.38 Mn |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 54.34 Mn |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 575.39 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | 98.41 Mn |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 132.20 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 | -464,000.00 |
| Sep 30, 2022 | -531,000.00 |
| Jun 30, 2022 | -513,000.00 |
| Mar 31, 2022 | -559,000.00 |
| Dec 31, 2021 | -507,000.00 |
| 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 |