X Financial (XYF) Research & Development (2017 - 2023)
X Financial (XYF) posted quarterly Research & Development of $523000.0 for Q4 2023, up 44.48% year-over-year from $362000.0 in Q4 2022, and up 13.45% quarter-over-quarter from $461000.0 in Q3 2023.
X Financial (XYF) Research & Development (2017 - 2023) Analysis & Trends
X Financial's Research & Development history runs 7 years deep, the most recent figure standing at $523000.0 for Q4 2023.
- In Q4 2023, Research & Development rose 44.48% year-over-year to $523000.0; the TTM figure through Dec 2023 stood at $1.8 million (down 23.84% YoY), while the FY2023 annual figure was $1.8 million, down 21.15% from the prior year.
- Research & Development for Q4 2023 stood at $523000.0, up from $461000.0 in the prior quarter.
- The five-year high for Research & Development was $4.6 million in Q1 2019, with the low at $297000.0 in Q1 2023.
- The 5-year median for Research & Development is $740000.0 (2020), against an average of $1.4 million.
- The sharpest annual moves came in 2020 and 2021: Research & Development sank 84.21% in 2020, then soared 47.81% in 2021.
- X Financial's Research & Development stood at $2.9 million in 2019, then plunged by 73.88% to $745000.0 in 2020, then gained by 12.08% to $835000.0 in 2021, then tumbled by 56.65% to $362000.0 in 2022, then surged by 44.48% to $523000.0 in 2023.
- Business Quant data shows XYF's Research & Development at $523000.0 in Q4 2023, $461000.0 in Q3 2023, and $473000.0 in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 280.00 Mn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 849.00 Mn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 248.00 Mn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 72.85 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 335.54 Mn |
| 10 | X Financial | 1.29 Bn | 989.81 Mn | 137.63 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 523,000.00 |
| Sep 30, 2023 | 461,000.00 |
| Jun 30, 2023 | 473,000.00 |
| Mar 31, 2023 | 297,000.00 |
| Dec 31, 2022 | 362,000.00 |
| Sep 30, 2022 | 524,000.00 |
| Jun 30, 2022 | 682,000.00 |
| Mar 31, 2022 | 735,000.00 |
| Dec 31, 2021 | 835,000.00 |
| Sep 30, 2021 | 844,000.00 |
| Jun 30, 2021 | 859,000.00 |
| Mar 31, 2021 | 691,000.00 |
| Dec 31, 2020 | 745,000.00 |
| Sep 30, 2020 | 571,000.00 |
| Jun 30, 2020 | 2.14 Mn |
| Mar 31, 2020 | 1.66 Mn |
| Dec 31, 2019 | 2.85 Mn |
| Sep 30, 2019 | 3.62 Mn |
| Jun 30, 2019 | 3.90 Mn |
| Mar 31, 2019 | 4.57 Mn |