v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
Equity attributable to X Financial
CNY (¥)
Equity attributable to X Financial
USD ($)
Common share
CNY (¥)
shares
Common share
USD ($)
shares
Treasury stock
CNY (¥)
Treasury stock
USD ($)
Additional paid-in capital
CNY (¥)
Additional paid-in capital
USD ($)
Retained earnings (Accumulated deficits)
CNY (¥)
Retained earnings (Accumulated deficits)
USD ($)
Accumulated other comprehensive income
CNY (¥)
Accumulated other comprehensive income
USD ($)
CNY (¥)
shares
USD ($)
shares
Balance at Dec. 31, 2022 ¥ 4,753,254,692   ¥ 206,793   ¥ (124,596,781)   ¥ 3,191,193,773   ¥ 1,622,852,316   ¥ 63,598,591   ¥ 4,753,254,692  
Balance (in shares) at Dec. 31, 2022 | shares     287,918,569 287,918,569                    
Repurchase of common shares (24,872,828)       (24,872,828)               (24,872,828)  
Repurchase of common shares (in shares) | shares     (5,026,374) (5,026,374)                    
Transfer to employee stock ownership plans         37,949,318   (37,949,318)              
Transfer to employee stock ownership plans (in shares) | shares     10,661,412 10,661,412                    
Exercise of share option 1,099,619           1,099,619           1,099,619  
Share-based compensation (Note 16) 42,598,210           42,598,210           42,598,210  
Net income 1,186,793,974               1,186,793,974       1,186,793,974  
Other comprehensive income attributable to equity in affiliates (6,852)                   (6,852)   (6,852)  
Other comprehensive income attributable to financial investments 474,792                   474,792   474,792  
Foreign currency translation adjustments 5,410,120                   5,410,120   5,410,120  
Dividend to shareholders [1] (117,627,440)               (117,627,440)       (117,627,440)  
Balance at Dec. 31, 2023 5,847,124,287   ¥ 206,793   (111,520,291)   3,196,942,284   2,692,018,850   69,476,651   5,847,124,287  
Balance (in shares) at Dec. 31, 2023 | shares     293,553,607 293,553,607                    
Repurchase of common shares (428,337,679)       (427,317,136)   (1,020,543)           (428,337,679)  
Repurchase of common shares (in shares) | shares     (52,202,798) (52,202,798)                    
Transfer to employee stock ownership plans         29,193,664   (29,193,664)              
Transfer to employee stock ownership plans (in shares) | shares     9,327,630 9,327,630                    
Exercise of share option 122,507           122,507           122,507  
Share-based compensation (Note 16) 40,177,807           40,177,807           40,177,807  
Net income 1,539,905,765               1,539,905,765       1,539,905,765  
Other comprehensive income attributable to equity in affiliates (313,815)                   (313,815)   (313,815)  
Other comprehensive income attributable to financial investments 292,799                   292,799   292,799  
Foreign currency translation adjustments 11,596,395                   11,596,395   11,596,395  
Dividend to shareholders [2] (57,413,424)               (57,413,424)       (57,413,424)  
Balance at Dec. 31, 2024 6,953,154,642 $ 994,287,890 ¥ 206,793 $ 29,571 (509,643,763) $ (72,878,089) 3,207,028,391 $ 458,598,961 4,174,511,191 $ 596,947,161 81,052,030 $ 11,590,286 ¥ 6,953,154,642 $ 994,287,890
Balance (in shares) at Dec. 31, 2024 | shares     250,678,439 250,678,439                 250,678,439 250,678,439
Repurchase of common shares (488,862,523) (69,906,411)     (488,862,523) (69,906,411)             ¥ (488,862,523) $ (69,906,411)
Repurchase of common shares (in shares) | shares     (25,575,934) (25,575,934)                    
Transfer to employee stock ownership plans         30,733,196 4,394,789 (30,733,196) (4,394,789)            
Transfer to employee stock ownership plans (in shares) | shares     9,415,396 9,415,396                    
Exercise of share option 19,087,375 2,729,458         19,087,375 2,729,458         ¥ 19,087,375 $ 2,729,458
Exercise of share option (in shares) | shares                         1,879,130 1,879,130
Share-based compensation (Note 16) 60,966,646 8,718,114         60,966,646 8,718,114         ¥ 60,966,646 $ 8,718,114
Net income 1,464,552,224 209,428,183             1,464,552,224 209,428,183     1,464,552,224 209,428,183
Other comprehensive income attributable to equity in affiliates 147,887 21,148                 147,887 21,148 147,887 21,148
Other comprehensive income attributable to financial investments 3,198,217 457,339                 3,198,217 457,339 3,198,217 457,339
Foreign currency translation adjustments (20,673,707) (2,956,302)                 (20,673,707) (2,956,302) (20,673,707) (2,956,302)
Dividend to shareholders [3] (154,770,124) (22,131,833)             (154,770,124) (22,131,833)     (154,770,124) (22,131,833)
Balance at Dec. 31, 2025 ¥ 7,836,800,637 $ 1,120,647,586 ¥ 206,793 $ 29,571 ¥ (967,773,090) $ (138,389,711) ¥ 3,256,349,216 $ 465,651,744 ¥ 5,484,293,291 $ 784,243,511 ¥ 63,724,427 $ 9,112,471 ¥ 7,836,800,637 $ 1,120,647,586
Balance (in shares) at Dec. 31, 2025 | shares     234,517,901 234,517,901                 234,517,901 234,517,901
[1] For fiscal year 2023, cash dividends in aggregate in the amount of US$0.34 per ADS (approximately US$0.056 per ordinary share) were declared by the Group, for a total amount of RMB78,540,377 on Class A ordinary shares and a total amount of RMB39,087,063 on Class B ordinary shares.
[2] For fiscal year 2024, a cash dividend in the amount of US$0.17 per ADS (approximately US$0.028 per ordinary share) were declared by the Group, for a total amount of RMB37,890,447 on Class A ordinary shares and a total amount of RMB19,522,977 on Class B ordinary shares.
[3] For fiscal year 2025, cash dividends in aggregate in the amount of US$0.53 per ADS (approximately US$0.0887 per ordinary share) were declared by the Group, for a total amount of RMB93,281,652 (US$13,339,098) on Class A ordinary shares and a total amount of RMB61,488,472 (US$8,792,735) on Class B ordinary shares.