JFU · NASDAQ · Information Technology Services

9F (ADR) (JFU)

Provides e-commerce, institutional technology-empowerment, and wealth-management services.

$2.46
vs last close−0.11 (−4.28%)
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9F Inc.JFU
Information Technology

Provides e-commerce, institutional technology-empowerment, and individual wealth-management services. The post-lending model is centered on mainland China and Hong Kong, with e-commerce conducted through third-party platforms and a Cayman/PRC VIE structure.

Provides e-commerce, technology-empowerment, and wealth-management services following the cessation of its China online-lending information-intermediary business. E-commerce services are conducted through third-party platforms, while technology empowerment serves institutional partners and wealth management serves individual customers.

Operations are centered on mainland China and Hong Kong. The corporate profile also describes consumer-financing technology expansion in Southeast Asia, along with credit assessment and consultation for financial institutions and Hong Kong online stock-investment and insurance-brokerage services.

The business operates through a Cayman holding company, PRC subsidiaries, and a VIE structure. Regulatory policy and the ability to operate the post-transition service lines shape the model.

Company facts

CEOLei Liu
ListedAug 15, 2019
ExchangeNASDAQ
HeadquartersBeijing, China
CountryChina
Employees277
CIK0001619544
ISINUS65442R2085

Market cap$30.2M
EPS (ttm)
P/E (ttm)
ROE
P/B0.0544
P/S
Dividend yieldDiv yield
Beta1.21vs XLK −0.26

No analyst consensus on record.

EPSReportedEstimate

Dec '22Dec '22Mar '23Jun '23Dec '23Mar '24May '24Jun '24
Reported−$0.14−$0.15−$0.04−$0.04$0.00$0.00$0.07$0.00
Estimate
Surprise

RevenueReportedEstimate

Dec '22Dec '22Mar '23Jun '23Dec '23Mar '24May '24Jun '24
Reported$16.4M$17.1M$18.9M$17.9M$10.4M$9.9M$9.9M$9.8M
Estimate
Surprise
Estimate
Reported$0.00
Estimate
Reported$9.8M
View details

Debt to equity0.60%
Current ratio772.70%

ProfitabilityRevenueNet incomeNet margin

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Revenue$10.7M$10.7M$12.5M$12.5M$11.4M$11.4M$10.3M$10.3M
Net income$934.4K$934.4K$2.8M$2.8M$16.3M$16.3M−$3.8M−$3.8M
Net margin8.8%8.8%22.4%22.4%143.7%143.7%0.0%0.0%

GrowthOperating income

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Operating income−$5.3M−$5.3M$1.9M$1.9M$2.1M$2.1M−$1.3M−$1.3M
YoY growthLoss narrowedLoss narrowedTurned profitTurned profitTurned profitTurned profitTurned lossTurned loss

Balance sheet, Dec 31, 2025Cash & short-term investments $491.3M · Total debt $3.6M · Total assets $642.7M · Shareholders' equity $555.0M

Revenue
$10.3M
Operating income
−$1.3M
Net income
−$3.8M

Reported in CNY, converted at the latest exchange rate

View details

No dividends on record.

Institutions0.00%315 ADS
1 holder · as of Sep 30, 2025
Insiders12.21%1.44M ADS
2 holders · as of Mar 18, 2026
Other87.79%10.34M ADS
remainder

11.78M ADS (1 ADS = 40 ordinary shares) as of Sep 8, 2026 · institutions as of Sep 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.

This company has 3 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Yifan RenInsiderdirector, 10 percent owner
9.25%43.58M A ordinaryfiled Mar 18, 2026
Changxing XiaoInsiderdirector
2.96%13.92M A ordinaryfiled Mar 18, 2026
Eversource Wealth Advisors, LLCInstitution
0.00%105 A ADS · 105 A ADS · 105 A ADSas of Sep 30, 2025
DFM Capital Ltd.Strategic
10.90% of class, as filedfiled Feb 12, 2020
JAS Investment Group LimitedStrategic
8.30% of class, as filedfiled Feb 12, 2020

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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