Jiayin Group Inc. announced its unaudited financial results for the first quarter ended March 31, 2025, demonstrating strong growth. Total loan facilitation volume reached RMB35.6 billion, representing a significant year-over-year increase of 58.2%. Net revenue for the quarter grew by 20.4% to RMB1,775.6 million.
The company reported a substantial increase in profitability, with net income surging by 97.5% year-over-year to RMB539.5 million, compared to RMB273.1 million in the same period of 2024. Basic and diluted net income per ADS were RMB10.12 (US$1.40), up from RMB5.16 in the first quarter of 2024. Income from operations increased by 91.7% to RMB606.6 million.
Jiayin Group provided an optimistic business outlook, projecting loan facilitation volume for the second quarter of 2025 to be between RMB37 billion and RMB39 billion, and for the full year 2025, between RMB137 billion and RMB142 billion. The Board also approved an extension of the share repurchase plan for another 12 months, ending June 12, 2026, with a remaining balance of US$13.2 million as of June 4, 2025.
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