X Financial (XYF) Notes Payables (2018 - 2025)

X Financial (XYF) posted quarterly Notes Payables of $57.7 million for Q4 2025, up 26.26% year-over-year from $45.7 million in Q4 2024, and down 27.42% on a QoQ basis from $79.6 million in Q3 2025.

X Financial (XYF) Notes Payables (2018 - 2025) Analysis & Trends

X Financial (XYF) has reported Notes Payables for 8 consecutive years, with $57.7 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Notes Payables rose 26.26% year-over-year to $57.7 million; the TTM figure through Dec 2025 stood at $57.7 million (up 26.26% YoY), while the FY2025 annual figure was $58.6 million, up 30.13% from the prior year.
  • Notes Payables came in at $57.7 million for Q4 2025 at X Financial, down from $79.6 million in the prior quarter.
  • The five-year high for Notes Payables was $91.4 million in Q2 2023, with the low at $3.0 million in Q2 2022.
  • Average Notes Payables over 5 years is $47.6 million, with a median of $56.9 million recorded in 2025.
  • Across the five-year window, Notes Payables plunged 88.99% in 2022 and soared 2960.68% in 2023, its largest moves.
  • Year by year, Notes Payables stood at $26.0 million in 2021, then tumbled by 62.09% to $9.9 million in 2022, then surged by 694.92% to $78.5 million in 2023, then sank by 41.72% to $45.7 million in 2024, then rose by 26.26% to $57.7 million in 2025.
  • According to Business Quant data, Notes Payables over the past three periods registered $57.7 million, $79.6 million, and $56.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 587.74 Bn 575.34 Bn -
2 Mastercard 465.55 Bn 455.34 Bn -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn
10 X Financial 1.19 Bn 1.05 Bn 137.63 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 57.74 Mn
Sep 30, 2025 79.56 Mn
Jun 30, 2025 56.05 Mn
Mar 31, 2025 83.17 Mn
Dec 31, 2024 45.73 Mn
Sep 30, 2024 61.77 Mn
Jun 30, 2024 65.29 Mn
Mar 31, 2024 60.18 Mn
Dec 31, 2023 78.47 Mn
Sep 30, 2023 76.41 Mn
Jun 30, 2023 91.39 Mn
Mar 31, 2023 67.38 Mn
Dec 31, 2022 9.87 Mn
Sep 30, 2022 12.68 Mn
Jun 30, 2022 2.99 Mn
Mar 31, 2022 18.85 Mn
Dec 31, 2021 26.04 Mn
Sep 30, 2021 11.65 Mn
Jun 30, 2021 27.11 Mn
Mar 31, 2021 19.54 Mn