CNFinance Holdings (CNF) Tax Provisions (2017 - 2023)
CNFinance Holdings' (CNF) quarterly Tax Provisions came in at $423000.0 in Q4 2023, up 449.35% YoY from $77000.0 in Q4 2022, and up 120.86% on a QoQ basis from -$2.0 million in Q3 2023.
CNFinance Holdings (CNF) Tax Provisions (2017 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has 7 years of Tax Provisions data on file, last reported at $423000.0 in Q4 2023.
- Quarterly Tax Provisions rose 449.35% year-over-year to $423000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$5.8 million (down 11.22% YoY) and the FY2025 annual result came in at -$20.3 million, down 400.74% from the prior year.
- Tax Provisions improved to $423000.0 in Q4 2023, from -$2.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.4 million in Q4 2021 to a low of -$8.7 million in Q3 2019.
- A 5-year average of -$2.5 million and a median of -$2.3 million in 2020 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2021 — Tax Provisions slumped 293.15% — and 2023, when it jumped 449.35%.
- Tracing CNF's Tax Provisions over 5 years: stood at -$3.3 million in 2019, then dropped by 11.83% to -$3.7 million in 2020, then jumped by 166.08% to $2.4 million in 2021, then tumbled by 96.86% to $77000.0 in 2022, then jumped by 449.35% to $423000.0 in 2023.
- The last three Tax Provisions figures came in at $423000.0 (Q4 2023), -$2.0 million (Q3 2023), and -$1.6 million (Q2 2023), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.24 Bn | 36.14 Bn | - | 52.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.55 Bn | 36.55 Bn | - | 1.01 Bn |
| 3 | Federal Home Loan Mortgage | 18.37 Bn | 14.05 Bn | - | 936.00 Mn |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 9.80 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | -764,000.00 |
| 7 | Velocity Financial | 709.34 Mn | -6.74 Bn | - | 9.50 Mn |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | -21.02 Mn |
| 9 | Onity | 304.73 Mn | 108.43 Mn | - | -3.20 Mn |
| 10 | loanDepot | 204.84 Mn | -106.29 Mn | - | 5,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 423,000.00 |
| Sep 30, 2023 | -2.03 Mn |
| Jun 30, 2023 | -1.60 Mn |
| Mar 31, 2023 | -2.56 Mn |
| Dec 31, 2022 | 77,000.00 |
| Sep 30, 2022 | -2.35 Mn |
| Jun 30, 2022 | -489,000.00 |
| Mar 31, 2022 | -2.43 Mn |
| Dec 31, 2021 | 2.45 Mn |
| Sep 30, 2021 | -1.01 Mn |
| Jun 30, 2021 | -1.30 Mn |
| Mar 31, 2021 | -4.51 Mn |
| Dec 31, 2020 | -3.71 Mn |
| Sep 30, 2020 | -3.62 Mn |
| Jun 30, 2020 | -2.20 Mn |
| Mar 31, 2020 | 2.34 Mn |
| Dec 31, 2019 | -3.31 Mn |
| Sep 30, 2019 | -8.67 Mn |
| Jun 30, 2019 | -8.11 Mn |
| Mar 31, 2019 | -6.80 Mn |