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Qifu Technology NasdaqGS:QFIN Stock Report

Last Price

US$18.20

Market Cap

US$2.9b

7D

-8.5%

1Y

-5.7%

Updated

27 Mar, 2024

Data

Company Financials +

Qifu Technology, Inc.

NasdaqGS:QFIN Stock Report

Market Cap: US$2.9b

Qifu Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qifu Technology
Historical stock prices
Current Share PriceUS$18.20
52 Week HighUS$20.40
52 Week LowUS$13.12
Beta0.64
1 Month Change18.34%
3 Month Change15.70%
1 Year Change-5.65%
3 Year Change-30.03%
5 Year Change18.80%
Change since IPO10.30%

Recent News & Updates

Recent updates

Qifu Technology, Inc. (NASDAQ:QFIN) Soars 31% But It's A Story Of Risk Vs Reward

Mar 21
Qifu Technology, Inc. (NASDAQ:QFIN) Soars 31% But It's A Story Of Risk Vs Reward

Qifu Technology: Turning Bullish On Revenue Beat And New Buyback Plan (Rating Upgrade)

Mar 15

Qifu Technology, Inc. (NASDAQ:QFIN) Yearly Results: Here's What Analysts Are Forecasting For This Year

Mar 14
Qifu Technology, Inc. (NASDAQ:QFIN) Yearly Results: Here's What Analysts Are Forecasting For This Year

Qifu Technology, Inc.'s (NASDAQ:QFIN) Shares Not Telling The Full Story

Jan 17
Qifu Technology, Inc.'s (NASDAQ:QFIN) Shares Not Telling The Full Story

360 DigiTech (NASDAQ:QFIN) Will Pay A Smaller Dividend Than Last Year

Dec 07
360 DigiTech (NASDAQ:QFIN) Will Pay A Smaller Dividend Than Last Year

360 DigiTech's (NASDAQ:QFIN) Dividend Will Be Reduced To CN¥0.15

Nov 19
360 DigiTech's (NASDAQ:QFIN) Dividend Will Be Reduced To CN¥0.15

Analyst Estimates: Here's What Brokers Think Of 360 DigiTech, Inc. (NASDAQ:QFIN) After Its Third-Quarter Report

Nov 16
Analyst Estimates: Here's What Brokers Think Of 360 DigiTech, Inc. (NASDAQ:QFIN) After Its Third-Quarter Report

360 DigiTech: Favorable Risk Reward At Current Price

Oct 06

360 DigiTech declares $0.18 dividend

Aug 18

360 DigiTech stock falls despite Daiwa initiating the company with a buy rating

Jul 11

If EPS Growth Is Important To You, 360 DigiTech (NASDAQ:QFIN) Presents An Opportunity

Jun 23
If EPS Growth Is Important To You, 360 DigiTech (NASDAQ:QFIN) Presents An Opportunity

360 DigiTech: Undervalued Artificial Technology Stock With Certain Risks

Jun 21

360 DigiTech, An Even Cheaper Chinese Tech Stock Than Alibaba

Mar 15

360 DigiTech: Cheap Shares And Now A 5.6% Dividend Yield To Boot

Jan 18

360 DigiTech Earns 'Survivor' Title After Latest Regulatory Wave

Nov 22

360 DigiTech: Better Than Most Its Peers

Sep 25

360 DigiTech's Lending App Returns To China Stores, But Investors Unimpressed

Aug 18

A Success Tunnel For 360 DigiTech: Business Transformation

Jul 19

Regulatory Onslaught, Can 360 DigiTech Survive?

Jul 12

360 DigiTech: A Maturing Chinese Fintech With Flexibility And Promise

Jun 04

Shareholder Returns

QFINUS Consumer FinanceUS Market
7D-8.5%0.8%0.4%
1Y-5.7%39.7%28.8%

Return vs Industry: QFIN underperformed the US Consumer Finance industry which returned 39.7% over the past year.

Return vs Market: QFIN underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is QFIN's price volatile compared to industry and market?
QFIN volatility
QFIN Average Weekly Movement7.3%
Consumer Finance Industry Average Movement6.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: QFIN has not had significant price volatility in the past 3 months.

Volatility Over Time: QFIN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20162,199Haisheng Wuhttps://www.360shuke.com

Qifu Technology, Inc., through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People’s Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, 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. The company also offers e-commerce loans, enterprise loans, and invoice loans to SME owners.

Qifu Technology, Inc. Fundamentals Summary

How do Qifu Technology's earnings and revenue compare to its market cap?
QFIN fundamental statistics
Market capUS$2.94b
Earnings (TTM)US$592.92m
Revenue (TTM)US$2.25b

5.0x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QFIN income statement (TTM)
RevenueCN¥16.29b
Cost of RevenueCN¥5.84b
Gross ProfitCN¥10.45b
Other ExpensesCN¥6.16b
EarningsCN¥4.29b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)26.54
Gross Margin64.13%
Net Profit Margin26.31%
Debt/Equity Ratio4.1%

How did QFIN perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

29%

Payout Ratio

Does QFIN pay a reliable dividends?

See QFIN dividend history and benchmarks
When do you need to buy QFIN by to receive an upcoming dividend?
Qifu Technology dividend dates
Ex Dividend DateApr 12 2024
Dividend Pay DateMay 24 2024
Days until Ex dividend14 days
Days until Dividend pay date56 days

Does QFIN pay a reliable dividends?

See QFIN dividend history and benchmarks
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