All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2018; the latest 2021-04-29.
From the record
X Financial's filings since 2018 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-04-29) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+47.6% a year over 10 filed years; profitable in 8 of 10.
From the record
X Financial's 10 filed years say what it did: revenue went from CNY 230 million in fiscal 2016 to CNY 7.6 billion in fiscal 2025, up 47.6% a year; it rose in 6 of 9 years; the deepest fall was 38% from fiscal 2018 to fiscal 2020; net income was positive in 8 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count shrank 8.2% a year. 29% of cash flow returned. Insiders: 2 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, X Financial's diluted share count shrank about 8.2% a year, and dividends and buybacks returned about 29% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 19%: 19¢ of profit per shareholder dollar. Leverage 47%: owes 47¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, X Financial earned about 19 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 38 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count shrank 15.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 26% of 114 in its family; net margin 19.2%.
From the record
X Financial's standing among 114 graded names in its industry family: revenue of CNY 7.6 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 19.2% ranks in the top 15%; revenue growth of 28.9% a year over the last 3 filed years ranks in the top 38% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 5.5/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: X Financial's leadership is put at 5.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 74 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
top 25% of 108 in its family for room to expand.
From the record
X Financial's room to grow, from the newest filed statements (fiscal 2025): cash of CNY 2.1 billion against no long-term debt tagged leaves 14.6% of its assets as net cash, top 30% of its family; cash from operations less capital spending is 18.9% of revenue (top 19%); a gross margin of 73.6% (top 25%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 46% of 100 in its family for growth drivers.
From the record
X Financial's growth drivers, from the filed years to fiscal 2025: revenue grew 28.9% a year over the last three filed years against 47.6% over all 10, slowing (bottom 28% of its family); the newest year grew 30.1% (top 34%); capital spending grew 53.4% a year (top 33%) (its annual reports). X Financial reported 5 product lines in fiscal 2025: Loan Facilitation Service at CNY 3.8 billion (50%), Financial Service at CNY 1.4 billion (18%), Post Origination Service at CNY 1.1 billion (14%), and 2 more; 5 of 5 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 46% of 78 in its family for expectations against reality.
From the record
X Financial's newest year against its own record: revenue of CNY 7.6 billion in fiscal 2025 came in 1.4% above the CNY 7.5 billion its prior three years' pace pointed to (bottom 49% of its family); net income of CNY 1.5 billion against a prior three-year average of CNY 1.2 billion (top 40%); a net margin of 19.2% against 24.6% before (top 48%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made