X Financial Shifts to Risk-First Approach: Third Quarter Revenue Drops 13.7% Amid Strategic Change
- X Financial reported 23.9% YoY revenue growth to RMB1.96B in Q3 2025, but saw 13.7% sequential decline due to cautious lending and risk prioritization. - Net income rose 12.1% annually to RMB421M but fell 20.2% sequentially, driven by higher credit provisions and operating costs. - Share repurchases under $100M buyback program totaled $67.9M, with $48M remaining as the company emphasizes disciplined risk management. - Strategic pivot to risk mitigation contrasts with broader fintech sector caution, refle
X Financial (NYSE: XYF)
The company
At the same time,
X Financial’s earnings per ADS dropped from the previous quarter but improved year-over-year, with basic EPS at RMB10.56 for Q3 2025,
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