Jiayin (JFIN) Gross Margin (2018 - 2023)
Jiayin (JFIN) recorded Gross Margin of 85.92% in Q3 2023, up 46.15 percentage points from the prior quarter.
Jiayin (JFIN) Gross Margin (2018 - 2023) Analysis & Trends
On a TTM basis, Jiayin's Gross Margin came in at 70.00% as of Sep 30, 2023; for FY2022, it came in at 89.69%, down 20.07 percentage points from FY2021.
- Annual Gross Margin has a five-year change of -2.35 percentage points (FY2017 to FY2022).
- Across earlier years, Gross Margin came in at 109.76% in FY2021 (+17.07 pp), 92.69% in FY2020 (-0.85 pp), 93.54% in FY2019 (+7.48 pp) and 86.06% in FY2018 (-5.98 pp).
- The Q3 2023 figure is the highest quarterly Gross Margin since Q4 2020.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 19.27 percentage points in Q4 2020, against a drop of 9.87 percentage points in Q1 2021 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | - |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 47.84% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | - |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | - |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 54.74% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 65.60% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | 87.70% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 88.82% |
| 10 | Jiayin | 66.33 Mn | -40.41 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 85.92% |
| Jun 30, 2023 | 39.77% |
| Mar 31, 2023 | 75.85% |
| Mar 31, 2021 | 81.32% |
| Dec 31, 2020 | 97.05% |
| Sep 30, 2020 | 96.85% |
| Jun 30, 2020 | 96.26% |
| Mar 31, 2020 | 91.26% |
| Dec 31, 2019 | 77.77% |
| Sep 30, 2019 | 95.43% |
| Jun 30, 2019 | 79.91% |
| Mar 31, 2019 | 83.29% |
| Dec 31, 2018 | 83.44% |
| Jun 30, 2018 | 85.11% |
| Mar 31, 2018 | 91.37% |
Jiayin Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=JFIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "JFIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=JFIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();