QFIN Stock Overview
Operates credit-tech platform under the 360 Jietiao brand in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
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Community Narratives
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Operational Efficiency And SME Lending Expansion Will Improve Future Prospects
Qifu Technology, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$38.25 |
| 52 Week High | US$40.31 |
| 52 Week Low | US$13.71 |
| Beta | 0.68 |
| 1 Month Change | 10.77% |
| 3 Month Change | 47.40% |
| 1 Year Change | 155.00% |
| 3 Year Change | 73.94% |
| 5 Year Change | 306.48% |
| Change since IPO | 131.82% |
Recent News & Updates
Even With A 28% Surge, Cautious Investors Are Not Rewarding Qifu Technology, Inc.'s (NASDAQ:QFIN) Performance Completely
Dec 14
Qifu Technology, Despite Its Positive Quant Factor Grades, Is A Hold For Me
Nov 25Recent updates
Even With A 28% Surge, Cautious Investors Are Not Rewarding Qifu Technology, Inc.'s (NASDAQ:QFIN) Performance Completely
Dec 14Qifu Technology, Despite Its Positive Quant Factor Grades, Is A Hold For Me
Nov 25Qifu Technology: An Underrated Fintech Stock
Oct 16Qifu Technology, Inc.'s (NASDAQ:QFIN) Shares Leap 25% Yet They're Still Not Telling The Full Story
Oct 03Qifu Technology (NASDAQ:QFIN) Will Pay A Larger Dividend Than Last Year At CN¥0.59
Aug 22Qifu Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 17Qifu Technology: Attractive Shareholder Yield And Positive Earnings Outlook
Aug 16Qifu Technology, Inc. (NASDAQ:QFIN) Doing What It Can To Lift Shares
Jul 16Qifu Technology: Still Positive Considering Favorable Guidance And Metrics
Jun 04Qifu Technology, Inc. (NASDAQ:QFIN) Soars 31% But It's A Story Of Risk Vs Reward
Mar 21Qifu Technology: Turning Bullish On Revenue Beat And New Buyback Plan (Rating Upgrade)
Mar 15Qifu Technology, Inc. (NASDAQ:QFIN) Yearly Results: Here's What Analysts Are Forecasting For This Year
Mar 14Qifu Technology, Inc.'s (NASDAQ:QFIN) Shares Not Telling The Full Story
Jan 17360 DigiTech: Favorable Risk Reward At Current Price
Oct 06360 DigiTech declares $0.18 dividend
Aug 18360 DigiTech stock falls despite Daiwa initiating the company with a buy rating
Jul 11360 DigiTech: Undervalued Artificial Technology Stock With Certain Risks
Jun 21Shareholder Returns
| QFIN | US Consumer Finance | US Market | |
|---|---|---|---|
| 7D | -1.5% | -2.8% | -2.4% |
| 1Y | 155.0% | 47.4% | 23.4% |
Return vs Industry: QFIN exceeded the US Consumer Finance industry which returned 47.4% over the past year.
Return vs Market: QFIN exceeded the US Market which returned 23.4% over the past year.
Price Volatility
| QFIN volatility | |
|---|---|
| QFIN Average Weekly Movement | 7.8% |
| Consumer Finance Industry Average Movement | 7.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: QFIN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: QFIN's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 3,121 | Haisheng Wu | www.360shuke.com |
Qifu Technology, Inc., together with its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People’s Republic of China. The company 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. It offers e-commerce loans, enterprise loans, and invoice loans to SME owners.
Qifu Technology, Inc. Fundamentals Summary
| QFIN fundamental statistics | |
|---|---|
| Market cap | US$5.94b |
| Earnings (TTM) | US$748.27m |
| Revenue (TTM) | US$2.35b |
7.9x
P/E Ratio2.5x
P/S RatioIs QFIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QFIN income statement (TTM) | |
|---|---|
| Revenue | CN¥17.18b |
| Cost of Revenue | CN¥6.72b |
| Gross Profit | CN¥10.46b |
| Other Expenses | CN¥5.00b |
| Earnings | CN¥5.46b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 35.16 |
| Gross Margin | 60.88% |
| Net Profit Margin | 31.78% |
| Debt/Equity Ratio | 5.6% |
How did QFIN perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield23%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Qifu Technology, Inc. is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Emma Xu | BofA Global Research |
| Yung Chen | CCB International Securities Limited |
| Xie Yuan | CCB International Securities Limited |