Shengyin Consumer Finance achieved a net profit of 86 million yuan in 2024, with revenue increasing by over 20%.
On April 30th, Shengyin Consumer Finance Co., Ltd. disclosed its annual report for 2024, showing that in 2024, the company achieved operating income of 293 million RMB, a year-on-year increase of 20.23%; net profit of 86 million RMB, a year-on-year increase of 4.9%. In 2024, Shengyin Consumer Finance Co., Ltd. reached a new high in scale, with total assets of 7.902 billion RMB at the end of 2024, a year-on-year increase of 19.97%; loan balance of 7.287 billion RMB, a year-on-year increase of 25.8%; NPL ratio was 1.31%, maintaining a relatively low level in the industry.
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