CNFinance Holdings (CNF) Profit After Tax (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Profit After Tax came in at $1.4 million in Q4 2023, down 64.12% on a YoY basis from $3.9 million in Q4 2022, and down 81.4% quarter-over-quarter from $7.5 million in Q3 2023.
Analysis
CNFinance Holdings (CNF) Profit After Tax (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has reported Profit After Tax for 7 consecutive years, with $1.4 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Profit After Tax fell 64.12% year-over-year to $1.4 million; the trailing twelve-month figure through Dec 2023 stood at $23.2 million (up 2.65% YoY), and the FY2025 full-year result was -$69.1 million, down 1416.13% from the prior year.
- Profit After Tax fell to $1.4 million in Q4 2023 per CNF's latest filing, from $7.5 million in the prior quarter.
- Across five years, Profit After Tax topped out at $25.7 million in Q3 2019 and bottomed at -$17.3 million in Q4 2021.
- Historically, Profit After Tax has averaged $7.3 million across 5 years, with a median of $7.1 million in 2023.
- The widest YoY moves for Profit After Tax: up 256.03% in 2021, down 221.74% in 2021.
- Over 5 years, Profit After Tax stood at $8.1 million in 2019, then soared by 75.3% to $14.2 million in 2020, then plunged by 221.74% to -$17.3 million in 2021, then jumped by 122.6% to $3.9 million in 2022, then tumbled by 64.12% to $1.4 million in 2023.
- According to Business Quant data, Profit After Tax over the past three periods registered $1.4 million, $7.5 million, and $7.3 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 230.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 3.98 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | 87.45 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 21.73 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 66.95 Mn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | -451.90 Mn |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 3.01 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 25.73 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | -11.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.40 Mn |
| Sep 30, 2023 | 7.54 Mn |
| Jun 30, 2023 | 7.26 Mn |
| Mar 31, 2023 | 6.97 Mn |
| Dec 31, 2022 | 3.91 Mn |
| Sep 30, 2022 | 7.86 Mn |
| Jun 30, 2022 | 4.36 Mn |
| Mar 31, 2022 | 6.44 Mn |
| Dec 31, 2021 | -17.30 Mn |
| Sep 30, 2021 | 3.10 Mn |
| Jun 30, 2021 | 9.23 Mn |
| Mar 31, 2021 | 13.47 Mn |
| Dec 31, 2020 | 14.21 Mn |
| Sep 30, 2020 | 6.13 Mn |
| Jun 30, 2020 | 3.57 Mn |
| Mar 31, 2020 | -8.63 Mn |
| Dec 31, 2019 | 8.11 Mn |
| Sep 30, 2019 | 25.68 Mn |
| Jun 30, 2019 | 24.53 Mn |
| Mar 31, 2019 | 19.16 Mn |