Jiayin (JFIN) Gross Margin (2018 - 2023)

Jiayin has reported Gross Margin for 5 years, with the latest figure at 24.06% in Q3 2023.

• Quarterly Gross Margin changed N/A year-over-year to 24.06% in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 39.56% (changed N/A YoY) and the FY2022 annual result came in at 82.72%, down 1641.0% from the prior year.
• Gross Margin declined to 24.06% in Q3 2023 per JFIN's latest filing, from 39.77% in the prior quarter.
• Over five years, Gross Margin peaked at 97.05% in Q4 2020 and troughed at 24.06% in Q3 2023.
• A 4-year average of 78.3% and a median of 82.4% in 2019 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2020 and 2021: Gross Margin jumped 1927 bps in 2020, then tumbled 974 bps in 2021.
• Over 4 years, Gross Margin stood at 77.77% in 2019, then increased by 25 bps to 97.05% in 2020, then declined by 16 bps to 81.51% in 2021, then plunged by 70 bps to 24.06% in 2023.
• According to Business Quant data, Gross Margin over the past three periods registered 24.06%, 39.77%, and 75.85% for Q3 2023, Q2 2023, and Q1 2023 respectively.