QFIN Stock Overview
360 DigiTech, Inc., through its subsidiaries, operates financial technology platform under the 360 Jietiao brand in the People’s Republic of China.
360 DigiTech Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$17.67|
|52 Week High||US$44.11|
|52 Week Low||US$11.15|
|1 Month Change||21.03%|
|3 Month Change||2.44%|
|1 Year Change||-57.65%|
|3 Year Change||53.39%|
|5 Year Change||n/a|
|Change since IPO||7.09%|
Recent News & Updates
If EPS Growth Is Important To You, 360 DigiTech (NASDAQ:QFIN) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
360 DigiTech: Undervalued Artificial Technology Stock With Certain Risks
360 DigiTech, Inc. is a credit-tech platform that financial institutions use to provide better and targeted products and services to a broader consumer base. Management believes that QFIN could deliver double-digit origination volume amidst the current macro environment. It is quite interesting that clients don’t need a lot of human interaction. Over 83% of collections are executed by robots. The company was incorporated in the Cayman Islands, where shareholders are not that protected.
|QFIN||US Consumer Finance||US Market|
Return vs Industry: QFIN underperformed the US Consumer Finance industry which returned -29.7% over the past year.
Return vs Market: QFIN underperformed the US Market which returned -18.4% over the past year.
|QFIN Average Weekly Movement||10.5%|
|Consumer Finance Industry Average Movement||9.1%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: QFIN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: QFIN's weekly volatility (11%) has been stable over the past year.
About the Company
360 DigiTech, Inc., through its subsidiaries, operates financial technology platform under the 360 Jietiao brand in the People’s Republic of China. The company provides credit-driven services that matches borrowers with financial institution partners enabling financial institution partners to conduct customer acquisition, initial credit screening, advanced risk assessment, collection, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. It also offers e-commerce loans, enterprise loans, and invoice loans to SME owners.
360 DigiTech Fundamentals Summary
|QFIN fundamental statistics|
Is QFIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|QFIN income statement (TTM)|
|Cost of Revenue||CN¥4.33b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||36.16|
|Net Profit Margin||32.34%|
How did QFIN perform over the long term?See historical performance and comparison
5.0%Current Dividend Yield
Is QFIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for QFIN?
Other financial metrics that can be useful for relative valuation.
|What is QFIN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does QFIN's PE Ratio compare to its peers?
|QFIN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FINV FinVolution Group
QFIN 360 DigiTech
Price-To-Earnings vs Peers: QFIN is good value based on its Price-To-Earnings Ratio (3.2x) compared to the peer average (5.3x).
Price to Earnings Ratio vs Industry
How does QFIN's PE Ratio compare vs other companies in the US Consumer Finance Industry?
Price-To-Earnings vs Industry: QFIN is good value based on its Price-To-Earnings Ratio (3.2x) compared to the US Consumer Finance industry average (5.7x)
Price to Earnings Ratio vs Fair Ratio
What is QFIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||3.3x|
|Fair PE Ratio||13x|
Price-To-Earnings vs Fair Ratio: QFIN is good value based on its Price-To-Earnings Ratio (3.2x) compared to the estimated Fair Price-To-Earnings Ratio (13x).
Share Price vs Fair Value
What is the Fair Price of QFIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: QFIN ($17.24) is trading below our estimate of fair value ($127.67)
Significantly Below Fair Value: QFIN is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: QFIN is good value based on its PEG Ratio (0.2x)
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How is 360 DigiTech forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QFIN's forecast earnings growth (16.8% per year) is above the savings rate (1.9%).
Earnings vs Market: QFIN's earnings (16.8% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: QFIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: QFIN's revenue (12.2% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: QFIN's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QFIN's Return on Equity is forecast to be high in 3 years time (26.6%)
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How has 360 DigiTech performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QFIN has high quality earnings.
Growing Profit Margin: QFIN's current net profit margins (32.3%) are lower than last year (33.3%).
Past Earnings Growth Analysis
Earnings Trend: QFIN's earnings have grown significantly by 66.2% per year over the past 5 years.
Accelerating Growth: QFIN's earnings growth over the past year (20.5%) is below its 5-year average (66.2% per year).
Earnings vs Industry: QFIN earnings growth over the past year (20.5%) exceeded the Consumer Finance industry 17.4%.
Return on Equity
High ROE: QFIN's Return on Equity (34.6%) is considered high.
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How is 360 DigiTech's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: QFIN's short term assets (CN¥29.4B) exceed its short term liabilities (CN¥14.6B).
Long Term Liabilities: QFIN's short term assets (CN¥29.4B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: QFIN has more cash than its total debt.
Reducing Debt: QFIN's debt to equity ratio has reduced from 145.4% to 3.6% over the past 5 years.
Debt Coverage: QFIN's debt is well covered by operating cash flow (1102.2%).
Interest Coverage: QFIN earns more interest than it pays, so coverage of interest payments is not a concern.
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What is 360 DigiTech current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QFIN's dividend (5.08%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: QFIN's dividend (5.08%) is in the top 25% of dividend payers in the US market (4.24%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether QFIN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if QFIN's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.4%), QFIN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), QFIN's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Haisheng Wu (38 yo)
Mr. Haisheng Wu has been the Chief Executive Officer and Director at 360 DigiTech, Inc. (formerly known as 360 Finance, Inc.) since August 23, 2019 and served as its President since July 25, 2016. Mr. Wu w...
Experienced Management: QFIN's management team is considered experienced (2.4 years average tenure).
Experienced Board: QFIN's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
360 DigiTech, Inc.'s employee growth, exchange listings and data sources
- Name: 360 DigiTech, Inc.
- Ticker: QFIN
- Exchange: NasdaqGS
- Founded: 2016
- Industry: Consumer Finance
- Sector: Diversified Financials
- Implied Market Cap: US$2.743b
- Shares outstanding: 155.26m
- Website: https://www.360shuke.com
Number of Employees
- 360 DigiTech, Inc.
- China Diamond Exchange Center, Building
- No. 555 Pudian Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.