X Financial (XYF) Operating Leases (2019 - 2023)
X Financial (XYF) posted Operating Leases of $6.3 million for Q4 2023, up 12.07% on a QoQ basis from $5.7 million in Q4 2022, and up 12.07% year-over-year from $5.7 million in Q4 2022.
Analysis
X Financial (XYF) Operating Leases (2019 - 2023) Analysis & Trends
X Financial has reported Operating Leases for 5 years, with the latest figure at $6.3 million in Q4 2023.
- On a quarterly basis, Operating Leases rose 12.07% year-over-year to $6.3 million in Q4 2023; TTM through Dec 2023 was $6.3 million, a 12.07% increase from a year earlier, with the FY2023 full-year figure at $6.5 million, up 7.79% from the prior year.
- Operating Leases was $6.3 million for Q4 2023 at X Financial, up from $5.7 million in the prior quarter.
- The five-year high for Operating Leases was $8.9 million in Q4 2019, with the low at $3.8 million in Q4 2021.
- Average Operating Leases over 5 years is $6.3 million, with a median of $6.3 million recorded in 2023.
- The sharpest annual moves came in 2021 and 2022: Operating Leases slumped 43.26% in 2021, then surged 48.59% in 2022.
- Over 5 years, Operating Leases stood at $8.9 million in 2019, then decreased by 24.32% to $6.7 million in 2020, then plunged by 43.26% to $3.8 million in 2021, then soared by 48.59% to $5.7 million in 2022, then rose by 12.07% to $6.3 million in 2023.
- The last three Operating Leases figures came in at $6.3 million (Q4 2023), $5.7 million (Q4 2022), and $3.8 million (Q4 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 6.34 Mn |
| Dec 31, 2022 | 5.66 Mn |
| Dec 31, 2021 | 3.81 Mn |
| Dec 31, 2020 | 6.71 Mn |
| Dec 31, 2019 | 8.87 Mn |