X Financial (XYF) Asset Writedowns and Impairment: 2022-2024

  • X Financial's Asset Writedowns and Impairment rose 64.34% to -$16.7 million in Q4 2024 from the same period last year, while for Dec 2024 it was -$99.2 million, marking a year-over-year change of. This contributed to the annual value of -$16.7 million for FY2024, which is 64.34% up from last year.
  • X Financial's Asset Writedowns and Impairment amounted to -$16.7 million in Q4 2024, which was up 64.34% from -$46.8 million recorded in Q4 2023.
  • In the past 5 years, X Financial's Asset Writedowns and Impairment registered a high of -$8.9 million during Q3 2022, and its lowest value of -$46.8 million during Q4 2023.
  • Its 3-year average for Asset Writedowns and Impairment is -$24.8 million, with a median of -$21.8 million in 2022.
  • Per our database at Business Quant, X Financial's Asset Writedowns and Impairment slumped by 74.09% in 2023 and then soared by 64.34% in 2024.
  • Over the past 3 years, X Financial's Asset Writedowns and Impairment (Quarterly) stood at -$26.9 million in 2022, then plummeted by 74.09% to -$46.8 million in 2023, then spiked by 64.34% to -$16.7 million in 2024.
  • Its Asset Writedowns and Impairment stands at -$16.7 million for Q4 2024, versus -$46.8 million for Q4 2023 and -$26.9 million for Q4 2022.