CNFinance Holdings Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $13.0M
- Price
- $1.89
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.30%
- Volume
- 72.2K
About
CNFinance Holdings Limited is a financial services provider based in the People's Republic of China, specializing in home equity financing. The company also offers microcredit solutions specifically designed for owners of micro and small enterprises, and functions as a loan origination agent for other financial entities. Additionally, it provides bridge financing, which consists of unsecured, short-term loans intended to help clients repay existing debts secured by real property. Established in 1999 and headquartered in Guangzhou, CNFinance maintains a significant operational presence, with a network of 63 branches and sub-branches spread across approximately 50 cities in China. This network includes 14 locations within the Pearl River Delta region, 7 in the Yangtze River Delta region, and an additional 42 facilities in other parts of the country.
Quick stats
Shares outstanding6.9M
Computed float5.6M
Float / shares82.2%
Key info
SectorFinancial Services
IndustryFinancial - Mortgages
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001733868
Websitehttps://www.cashchina.cn
AI Summary
AI-generated1/2
majorbearishearnings
CNFinance Announces First Half of 2026 Unaudited Financial Results
CNFinance reported a sharp widening of its net loss to RMB399.5 million for the first half of 2026, compared to RMB40.4 million in the prior year period, largely due to a significant increase in credit loss provisions to RMB340.7 million.
Total interest and fees income plummeted 78% year-over-year to RMB89.5 million, reflecting a substantial reduction in the company's outstanding loan portfolio as it focuses on optimization and risk management.
Despite the top-line decline, the company reduced operating expenses by 58% and achieved cash recoveries of approximately RMB600 million from overdue loans with an overall recovery rate of 103%.
Red flags
- Net loss widened to RMB399.5 million from RMB40.4 million YoY
- Provision for credit losses increased nearly 10x to RMB340.7 million
- Total interest and fees income dropped 78% YoY