Jiayin Group Inc. (JFIN) Q3 2024 Earnings Call Transcript Summary
Jiayin Group Inc. (JFIN) Q3 2024 Earnings Call Transcript Summary
Net income for the quarter was RMB269.6 million, down 16.8% from the same period last year, due to increased borrower acquisition and credit costs.The following is a summary of the Jiayin Group Inc. (JFIN) Q3 2024 Earnings Call Transcript:
以下是嘉銀科技（JFIN）2024年第三季度業績會電話會議記錄的摘要：
Financial Performance:
財務表現：
In Q3 2024, Jiayin Group reported a loan facilitation volume of approximately RMB26.7 billion, marking a new record and indicating a 10.3% increase year-over-year.
Revenue from loan facilitation services reached RMB1.1 billion, up 18.1% year-over-year.
Net income for the quarter was RMB269.6 million, down 16.8% from the same period last year, due to increased borrower acquisition and credit costs.
在2024年第三季度，嘉銀科技報告的貸款撮合成交量約爲267億元人民幣，創下新紀錄，同比增長10.3%。
貸款撮合服務的營業收入達到11億元人民幣，同比上漲18.1%。
本季度淨利潤爲26960萬元人民幣，較去年同期下降16.8%，原因是借款人獲取和信用成本增加。
Business Progress:
業務進展：
Jiayin Group has enhanced its technology with upgrades like the Wenquxing knowledge base and the launch of the MingYi automated machine learning platform.
The company has also expanded institutional partnerships, now collaborating with 70 diverse financial institutions.
Continuing its focus on borrower acquisition, Jiayin obtained 826,000 new borrowers in Q3, showing a year-over-year growth of approximately 71.3%.
Expansion in overseas markets, particularly in Indonesia and adjustments in Nigerian operations, reflect strategic international growth.
嘉銀科技通過升級如文曲星知識庫和推出明易自動機器學習平台等增強了其科技實力。
公司還擴大了與機構的合作關係，目前與70家多樣化的金融機構合作。
嘉銀科技在借款人獲取方面持續發力，第三季度獲得了826,000名新借款人，同比增長約71.3%。
在境外市場的擴展，特別是在印度尼西亞，以及尼日利亞業務的調整，反映了戰略性的國際增長。
Opportunities:
機會：
The company sees ongoing opportunities in technological innovation driving growth, particularly in intelligent operations and customer service improvements.
Growth in overseas markets like Indonesia indicates potential for further international expansion.
公司看到持續的科技創新機會推動增長，特別是在智能操作和客戶服務改善方面。
像印度尼西亞這樣的境外市場的增長表明了進一步國際擴展的潛力。
Risks:
風險：
The gradual growth of AI services as they scale and reach general availability may affect the pace of revenue and profit growth.
Intense competition in international markets, especially Indonesia, poses challenges to market share and profitability.
隨着人工智能服務逐漸擴展並達到普遍可用性，可能會影響營業收入和利潤增長的速度。
在國際市場中，尤其是印度尼西亞，激烈的競爭對市場份額和盈利能力構成了挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
