CNFinance (ADR) (CNF)
Facilitator of property-backed working-capital loans for Chinese small-business owners.
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Facilitates property-backed working-capital loans for Chinese micro- and small-enterprise owners, pairing borrowers with trust companies and commercial banks while maintaining a supplemental direct-lending business. Its trust model places it in subordinated funding positions alongside loan-origination and servicing work.
Connects property-owning micro- and small-enterprise owners in China with trust companies and commercial banks for home-equity-backed working-capital loans. Applications combine online processing with local checks of borrowers and property, and loans may be supported by first- or second-lien residential or commercial real estate.
Earns income through its economic interest in trust plans, including subordinated units, alongside interest, financing-service fees, and bank-partnership facilitation and post-loan services. Licensed small-loan businesses provide supplemental direct lending, while sales partners supply most borrowers.
Operates through Chinese subsidiaries and consolidated entities, while the Cayman Islands parent has no operations. Property collateral, sales-partner conduct, PRC regulatory interpretation, and continued trust and bank funding are central dependencies; the parent relies on dividends from PRC subsidiaries, which PRC rules can restrict.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $50.2M · Total debt $451.7M · Total assets $1.36B · Shareholders' equity $473.1M
- Revenue
- −$32.8M
- Operating income
- −$35.1M
- Net income
- −$29.8M
Reported in CNY, converted at the latest exchange rate
No dividends on record.
| Institutions | 23.57% | 706.1K ADS | |
|---|---|---|---|
| 22 holders · as of Jun 30, 2025 | |||
| Other | 76.43% | 2.29M ADS | |
| remainder | |||
3.00M ADS as of Aug 28, 2026 · institutions as of Jun 30, 2025 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
The share count has not been confirmed by a second filing; stakes use it as it stands.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Paloma Partners Management CoInstitution | 10.19% | 3.05M ADS | as of Jun 30, 2025 |
Gagnon Securities LLCInstitution | 6.46% | 1.94M ADS | as of Jun 30, 2025 |
Gagnon Advisors, LLCInstitution | 5.24% | 1.57M ADS | as of Jun 30, 2025 |
Morgan StanleyInstitution | 0.37% | 111,178 ADS | as of Jun 30, 2025 |
Dimensional Fund Advisors LPInstitution | 0.32% | 96,510 ADS | as of Jun 30, 2025 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CNFinance (ADR) | $1.82 | +0.00% | $5.5M | — | 15.9 | — | −157.6% |
| Lufax (ADR) | $1.24 | +6.94% | $996.7M | — | 0.5 | 0.2 | — |
| Qfin (ADR) | $7.78 | −1.14% | $1.02B | 1.1 | 4.6 | 0.4 | −13.0% |
| Median | 1.1 | 2.6 | 0.3 | −13.0% |