PPDAI Group generated total banking revenues of CNY 1,562 mil in the second quarter of 2019, up 46.7% when compared to the same period of last year and 7.13% when compared to the previous quarter.
Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of CNY 1,562 mil in 2Q2019 and an all time low of CNY 496 mil in 4Q2016. The average revenue in the last six quarters amounted to CNY 1,223 mil.
Net interest income represented 12.5% of total revenues, fee income contributed 80.4% and other non-interest income added further 7.17% to the overall revenue generation in 2Q2019.
Bank's total revenues accounted for 37.9% total assets in the second quarter of 2019, down from 41.9% a year earlier.
When compared to bank's main peers, Home Credit China generated total revenues of 18.6% of assets in 2Q2019 Qudian operated with 41.5% revenue margin and Lexin FinTech produced total income worth 45.1% of assets.
You can see all the bank’s data at PPDAI Group Profile, or you can download a report on the bank in the report section.