Sell 12/20/2023Downgrade
CNFinance Holdings Limited (CNF) was downgraded to D from D+ on 12/20/2023 due to a noticeable decline in the volatility index, total return index and efficiency index. Total capital declined 3.54% from $1.69B to $1.63B.

Sell 11/8/2023Downgrade
CNFinance Holdings Limited (CNF) was downgraded to D+ from C- on 11/8/2023 due to a decline in the total return index, efficiency index and volatility index.

Hold 10/24/2023Upgraded
CNFinance Holdings Limited (CNF) was upgraded to C- from D+ on 10/24/2023 due to an increase in the total return index and volatility index.

Sell 8/1/2023Downgrade
CNFinance Holdings Limited (CNF) was downgraded to D+ from C- on 8/1/2023 due to a decline in the efficiency index.

Hold 7/11/2023Upgraded
CNFinance Holdings Limited (CNF) was upgraded to C- from D+ on 7/11/2023 due to a major increase in the growth index, total return index and efficiency index. Net income increased 82.11% from $3.96M to $7.21M, earnings per share increased from $1.038 to $1.754, and total revenue increased 47.39% from $20.7M to $30.51M.

Sell 6/2/2023Upgraded
CNFinance Holdings Limited (CNF) was upgraded to D+ from D on 6/2/2023 due to a significant increase in the valuation index, volatility index and growth index.

Sell 5/3/2022Downgrade
CNFinance Holdings Limited (CNF) was downgraded to D from C- on 5/3/2022 due to a significant decline in the valuation index, total return index and efficiency index. Net income declined 656.62% from $2.94M to -$16.37M, and total capital declined 3.94% from $1.95B to $1.88B.

Hold 11/22/2021Downgrade
CNFinance Holdings Limited (CNF) was downgraded to C- from C on 11/22/2021 due to a decline in the total return index.

Hold 11/3/2021Upgraded
CNFinance Holdings Limited (CNF) was upgraded to C from C- on 11/3/2021 due to a large increase in the total return index and volatility index.

Hold 9/14/2021Upgraded
CNFinance Holdings Limited (CNF) was upgraded to C- from D+ on 9/14/2021 due to an increase in the total return index and volatility index.

Sell 8/26/2021Upgraded
CNFinance Holdings Limited (CNF) was upgraded to D+ from D on 8/26/2021 due to a noticeable increase in the growth index, efficiency index and total return index. Earnings per share increased from $1.736 to $4.228, net income increased 119.15% from $7.25M to $15.89M, and total revenue increased 78.78% from $38.72M to $69.22M.

Sell 4/30/2020Upgraded
CNFinance Holdings Limited (CNF) was upgraded to D from D- on 4/30/2020 due to a noticeable increase in the solvency index. Debt to equity declined from 2.3 to 2.07.

Sell 8/1/2019Upgraded
CNFinance Holdings Limited (CNF) was upgraded to D- from E on 08/01/2019.

Sell 7/25/2019Downgrade
CNFinance Holdings Limited (CNF) was downgraded to E from E+ on 7/25/2019 due to a decline in the volatility index and total return index.

Sell 7/10/2019Upgraded
CNFinance Holdings Limited (CNF) was upgraded to E+ from E on 7/10/2019 due to an increase in the volatility index and total return index.

Sell 6/25/2019Downgrade
CNFinance Holdings Limited (CNF) was downgraded to E from E+ on 6/25/2019 due to a decline in the volatility index.

Sell 6/10/2019Upgraded
CNFinance Holdings Limited (CNF) was upgraded to E+ from E on 6/10/2019 due to an increase in the solvency index, total return index and efficiency index. Debt to equity declined from 6.43 to 5.

Sell 4/23/2019Upgraded
CNFinance Holdings Limited (CNF) was upgraded to E from E- on 4/23/2019 due to an increase in the total return index and volatility index.

Sell 2/5/2019None
CNFinance Holdings Limited (CNF) was downgraded to E- from U on 02/05/2019.