CNFinance Holdings (CNF) Financial Statements & Analysis

CNFinance Holdings (CNF) Income Statement

CNFinance Holdings reported revenue of CNY 625.95M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 60.9% from CNY 1.60B a year earlier. CNFinance Holdings posted a net loss of CNY 457.58M, compared with net income of CNY 37.78M a year earlier. Gross margin was 87.0% and operating margin -11.2%.

CNFinance Holdings Income Statement Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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CNFinance Holdings Limited income statement - Annual data in billions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	0.63	1.60	1.11	0.51	1.37	0.61	3.10	4.28	3.42
Cost of Revenue	0.08	0.77	0.84	1.00	0.47	0.81	1.67	2.38	1.72
Gross Profit	0.54	0.83	1.00	0.84	0.90	1.03	1.43	1.91	1.70
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.16	0.45	0.63	0.05	0.70	0.07	0.54	0.60	0.83
Operating Expenses	0.61	0.78	0.79	0.67	0.81	0.86	0.71	0.75	0.89
Operating Income	-0.07	0.05	0.21	0.12	0.09	0.20	0.72	1.16	0.81
Other Income/Expense
Interest Income	0.56	1.54	1.75	1.73	1.81	1.85	2.97	4.29	3.41
Interest Expense	0.50	0.79	0.72	0.78	0.78	0.73	1.31	1.94	1.41
Other Income/Expense	-0.50	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	-0.57	0.05	0.21	0.17	0.09	0.16	0.72	1.16	0.81
Income Tax Expense	-0.11	0.01	0.04	0.04	0.03	0.05	0.19	0.30	0.28
Net Income	-0.46	0.04	0.16	0.14	0.07	0.11	0.53	0.86	0.53
Net Income - Continuous Operations	-0.46	0.04	0.16	0.14	0.07	0.11	0.53	0.86	0.53
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	-0.05	0.06	0.21	0.00	0.10	0.01	0.73	1.17	0.82
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.02	0.01	0.00	0.00	0.00	0.01	0.01	0.01	0.01
Earnings Per Share
Basic EPS	-1334.00	11.00	24.00	20.00	19.00	16.00	144.00	275.00	160.00
Diluted EPS	-1334.00	11.00	22.00	18.00	19.00	16.00	144.00	248.00	160.00
Basic Shares Outstanding	0.00	0.00	0.01	0.01	0.00	0.01	0.00	0.00	0.00
Diluted Shares Outstanding	0.00	0.00	0.01	0.01	0.00	0.01	0.00	0.00	0.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About CNFinance Holdings Financial Statements

What was CNFinance Holdings's revenue in fiscal 2025?

CNFinance Holdings reported revenue of CNY 625.95M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 60.9% from CNY 1.60B a year earlier.

Is CNFinance Holdings profitable?

No. CNFinance Holdings reported a net loss of CNY 457.58M in fiscal 2025. In fiscal 2024 it earned CNY 37.78M.

What is CNFinance Holdings's operating margin?

CNFinance Holdings's operating income was −CNY 70.26M on revenue of CNY 625.95M in fiscal 2025, an operating margin of -11.2%, compared with 3.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition