JFU

9F Inc.

Financials Quarter ended 2025-12-31 Filed 2026-04-30

9F Inc. (JFU) files with the SEC as a financials company. Its most recent balance sheet puts total assets at $615M, against $75M of liabilities and $539M of equity, as at 2025-12-31. That balance sheet grew 8.8% against 2024-12-31, when total assets were $565M. Liabilities account for 12.3% of the balance sheet and equity 87.7%, about $0.14 of liabilities for every dollar of equity. The largest single line on the asset side is Investment securities at $407M, 66.3% of total assets, followed by Cash at $62M. By total assets it is the 643rd largest of the 890 financials companies covered here. The figures come from a filing filed on 2026-04-30. Some line items this filer reports are not broken out separately here; the totals are complete and the difference is shown as a remainder rather than distributed across the lines that are named. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.

What it owns, and who has a claim on it

Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.

Owns$615M
Owed & owned$75M + $539M
Assets, line by line
Cash$62M10%
Investment securities$407M66%
Intangibles$474K0%
Other assetsincludes 4 line items this filer does not report separately$145M24%
Liabilities and equity, line by line
Other liabilitiesincludes 3 line items this filer does not report separately$75M12%
Shareholders' equity$539M88%

Not reported separately

This filer does not break these out. They are inside the totals, counted in the shaded remainder — not estimated, and not set to zero.

Deposits with banksTrading securitiesLoansGoodwillCustomer depositsShort-term borrowingsLong-term debt

It is mostly owner-funded: equity is 88% of the balance sheet, borrowings and other claims the rest.

Not every line item is reported separately by this filer: deposits with banks, trading securities, loans, goodwill and others are inside the totals rather than broken out.

Where the money goes

Every dollar of revenue over the year ended 2025-12-31, and what is left after each cost comes out.

Revenue in$19M
Revenue and costs, line by line
Cost of salesWhat it costs to make or buy what it sells$4M19%
Operating costsRunning the business: staff, marketing, admin · computed as a remainder$14M73%
TaxTax on profit$8M42%
The reported costs add up to more than revenue less profit, so the flow is shown without a remainder.

Of every dollar JFU took in, 1.25 was left as profit after all costs and tax — $24 million on $19 million of revenue.

The largest single outflow is operating costs, at 73% of revenue.

The size of it

Its annual sales sit just below Fiji.

Maldives$7.2B
Barbados$6.8B
Fiji$5.7B
9F Inc.$19M
These measure different things. A country's GDP is everything it produced in a year. A company's revenue is what it sold. They share a unit, not a meaning — this shows how big the number is, and nothing more. A company is not "bigger than" a country.

Company figure: year ended 2025-12-31. GDP: World Bank, GDP (current US$), indicator NY.GDP.MKTP.CD, 2024.

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