CNFinance Holdings (CNF) Profit After Tax (2017 - 2023)
CNFinance Holdings (CNF) reported Profit After Tax of $2.6 million for Q4 2023, down 34.15% on a YoY basis from $4.0 million in Q4 2022, and down 64.14% quarter-over-quarter from $7.3 million in Q3 2023.
CNFinance Holdings (CNF) Profit After Tax (2017 - 2023) Analysis & Trends
CNFinance Holdings has reported Profit After Tax for 7 years, with the latest figure at $2.6 million in Q4 2023.
- For the quarter ending Q4 2023, Profit After Tax fell 34.15% year-over-year to $2.6 million; the trailing twelve-month figure through Dec 2023 stood at $23.1 million (up 15.88% YoY), and the FY2025 full-year result was -$65.5 million, down 1344.78% from the prior year.
- Profit After Tax for Q4 2023 stood at $2.6 million, down from $7.3 million in the prior quarter.
- The five-year high for Profit After Tax was $24.8 million in Q3 2019, with the low at -$16.4 million in Q4 2021.
- Historically, Profit After Tax has averaged $8.4 million across 5 years, with a median of $7.2 million in 2023.
- The largest YoY upside for Profit After Tax was 183.71% in 2021 against a maximum downside of 201.43% in 2021.
- CNFinance Holdings' Profit After Tax stood at $8.7 million in 2019, then jumped by 84.59% to $16.1 million in 2020, then sank by 201.43% to -$16.4 million in 2021, then soared by 124.17% to $4.0 million in 2022, then tumbled by 34.15% to $2.6 million in 2023.
- The last three Profit After Tax figures came in at $2.6 million (Q4 2023), $7.3 million (Q3 2023), and $6.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | 297.00 Mn |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | 82.32 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | 15.87 Mn |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | 170.37 Mn |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 22.30 Mn |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | -49.35 Mn |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 7.60 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | -54.94 Mn |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.61 Mn |
| Sep 30, 2023 | 7.27 Mn |
| Jun 30, 2023 | 6.04 Mn |
| Mar 31, 2023 | 7.18 Mn |
| Dec 31, 2022 | 3.96 Mn |
| Sep 30, 2022 | 6.47 Mn |
| Jun 30, 2022 | 2.71 Mn |
| Mar 31, 2022 | 6.80 Mn |
| Dec 31, 2021 | -16.37 Mn |
| Sep 30, 2021 | 2.93 Mn |
| Jun 30, 2021 | 10.10 Mn |
| Mar 31, 2021 | 13.20 Mn |
| Dec 31, 2020 | 16.14 Mn |
| Sep 30, 2020 | 7.36 Mn |
| Jun 30, 2020 | 3.56 Mn |
| Mar 31, 2020 | 11.84 Mn |
| Dec 31, 2019 | 8.74 Mn |
| Sep 30, 2019 | 24.81 Mn |
| Jun 30, 2019 | 23.42 Mn |
| Mar 31, 2019 | 20.19 Mn |