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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2019
CNY (¥)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
CNY (¥)
Assets      
Cash and cash equivalents ¥ 2,324,542 $ 333,900 ¥ 1,616,164
Restricted cash (including restricted cash of the consolidated trusts of RMB303,667 and RMB799,646 as of December 31, 2018 and 2019, respectively) 3,686,203 529,490 3,677,557
Short-term investments 114,560 16,456 1,694,660
Accounts receivable, net of provision for doubtful accounts of RMB50,544 (adjusted, Note 2(ah)) and RMB145,699 as of December 31, 2018 and 2019, respectively) 882,305 126,735 812,042
Quality assurance receivable 3,649,642 524,238 2,064,366
Property, equipment and software, net 134,324 19,294 144,002
Right of use assets 95,786 13,759  
Intangible assets 64,280 9,233 68,880
Goodwill 50,411 7,241 50,411
Loans receivable, net of provision for loan losses of RMB74,381 (adjusted, Note 2(ah)) and RMB316,124 as of December 31, 2018 and 2019, respectively (including loans receivable, net of provision for loan losses of the consolidated trusts of RMB2,290,082 and RMB4,618,856 as of December 31, 2018 and 2019, respectively) 4,808,252 690,662 2,331,108
Financial guarantee derivative assets     56,287
Investments 952,833 136,866 167,501
Deferred tax assets 129,740 18,636 122,763
Amounts due from related party     2,830
Contract assets 20,555 2,952 112,103
Prepaid expenses and other assets 1,391,023 199,806 221,793
Total assets 18,304,456 2,629,268 13,142,467
Liabilities and Shareholders' Equity:      
Payable to platform customers (including payable to platform customers of the consolidated variable interest entity ("VIE") and VIE's subsidiaries without recourse to the Company of RMB905,034 and RMB684,630 as of December 31, 2018 and 2019, respectively) 684,630 98,341 905,034
Quality assurance payable (including quality assurance payable of the consolidated VIE and VIE's subsidiaries without recourse to the Company of RMB3,819,379 and RMB4,776,153 as of December 31, 2018 and 2019, respectively) 4,776,153 686,051 3,819,379
Payroll and welfare payable (including payroll and welfare payable of the consolidated VIE and VIE's subsidiaries without recourse to the Company of RMB129,809 and RMB115,540 as of December 31, 2018 and 2019, respectively) 176,685 25,379 188,254
Taxes payable (including taxes payable of the consolidated VIE and VIE's subsidiaries without recourse to the Company of RMB208,585 and RMB32,468 as of December 31, 2018 and 2019, respectively) 128,298 18,429 225,101
Short-term borrowings (including short-term borrowings of the consolidated VIE and VIE's subsidiaries without recourse to the Company of Nil and RMB85,000 as of December 31, 2018 and 2019, respectively) 235,000 33,756 25,000
Funds payable to investors of consolidated trusts (including funds payable to investors of consolidated trusts of RMB1,505,909 and RMB3,660,483 as of December 31, 2018 and 2019 respectively) 3,660,483 525,796 1,505,909
Contract liabilities (including contract liabilities of the consolidated VIE and VIE's subsidiaries without recourse to the Company of RMB158,061 and RMB50,166 as of December 31, 2018 and 2019, respectively) 55,728 8,005 165,469
Amounts due to related party (including amounts due to related party of the consolidated VIE and VIE's subsidiaries without recourse to the Company of Nil and RMB4,309 as of December 31, 2018 and 2019, respectively) 4,309 619  
Leasing liabilities (including leasing liabilities of the consolidated VIE and VIE's subsidiaries without recourse to the Company of Nil and RMB84,284 as of December 31, 2018 and 2019, respectively) 85,143 12,230  
Deferred tax liabilities (including deferred tax liabilities of the consolidated VIE and VIE's subsidiaries without recourse to the Company of RMB78,268 and RMB47,117 as of December 31, 2018 and 2019, respectively) 198,922 28,573 100,064
Accrued expenses and other liabilities (including accrued expenses and other liabilities of the consolidated VIE and VIE's subsidiaries without recourse to the Company of RMB190,406 and RMB237,802 as of December 31, 2018 and 2019, respectively) 287,625 41,315 222,519
Total liabilities 10,292,976 1,478,494 7,156,729
Commitments and contingencies
FinVolution Group Shareholders' equity :      
Additional paid-in capital 5,640,898 810,265 5,896,017
Treasury stock (46,301,000 and 20,634,265 shares as of December 31, 2018 and 2019, respectively) (47,174) (6,777) (332,121)
Statutory reserves 317,198 45,563 256,006
Accumulated other comprehensive income 70,320 10,097 58,210
Retained earnings 1,966,611 282,486 45,668
Total FinVolution Group shareholders' equity 7,947,956 1,141,649 5,923,882
Non-controlling Interest 63,524 9,125 61,856
Total shareholders' equity 8,011,480 1,150,774 5,985,738
Total liabilities and shareholders' equity 18,304,456 2,629,268 13,142,467
Class A Ordinary Shares [Member]      
FinVolution Group Shareholders' equity :      
Ordinary shares 64 9 58
Class B Ordinary Shares [Member]      
FinVolution Group Shareholders' equity :      
Ordinary shares ¥ 39 $ 6 ¥ 44