JFIN - Jiayin Group: Risk-Reward Is Balanced
2024-04-06 04:26:05 ET
Summary
- The key positives for JFIN are generous shareholder capital returns and favorable loan facilitation volume guidance.
- Jiayin Group's major negatives are associated with its future profitability expectations and the increase in delinquency rates for specific outstanding loans towards the end of last year.
- I leave my Hold rating for JFIN unchanged, considering the balanced risk-reward that is reflected in the different positive and negative factors.
Elevator Pitch
My investment rating for Jiayin Group Inc. ( JFIN ) stock is a Hold.
In my earlier December 13, 2023 initiation article for JFIN, I wrote about its financial prospects and valuation multiples. This update analyzes Jiayin Group's key metrics disclosed as part of its FY 2023 results announcement in late March....
Jiayin Group: Risk-Reward Is Balanced