Qifu Technology Past Earnings Performance
Past criteria checks 4/6
Qifu Technology has been growing earnings at an average annual rate of 28.9%, while the Consumer Finance industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 17.8% per year. Qifu Technology's return on equity is 19.4%, and it has net margins of 26.3%.
Key information
28.9%
Earnings growth rate
28.7%
EPS growth rate
| Consumer Finance Industry Growth | 7.2% |
| Revenue growth rate | 17.8% |
| Return on equity | 19.4% |
| Net Margin | 26.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Qifu Technology, Inc. (NASDAQ:QFIN) Soars 31% But It's A Story Of Risk Vs Reward
Mar 21
Qifu 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 (NASDAQ:QFIN) Will Pay A Smaller Dividend Than Last Year
Dec 07360 DigiTech's (NASDAQ:QFIN) Dividend Will Be Reduced To CN¥0.15
Nov 19Analyst Estimates: Here's What Brokers Think Of 360 DigiTech, Inc. (NASDAQ:QFIN) After Its Third-Quarter Report
Nov 16360 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 11If EPS Growth Is Important To You, 360 DigiTech (NASDAQ:QFIN) Presents An Opportunity
Jun 23360 DigiTech: Undervalued Artificial Technology Stock With Certain Risks
Jun 21360 DigiTech, An Even Cheaper Chinese Tech Stock Than Alibaba
Mar 15360 DigiTech: Cheap Shares And Now A 5.6% Dividend Yield To Boot
Jan 18360 DigiTech Earns 'Survivor' Title After Latest Regulatory Wave
Nov 22360 DigiTech: Better Than Most Its Peers
Sep 25360 DigiTech's Lending App Returns To China Stores, But Investors Unimpressed
Aug 18A Success Tunnel For 360 DigiTech: Business Transformation
Jul 19Regulatory Onslaught, Can 360 DigiTech Survive?
Jul 12360 DigiTech: A Maturing Chinese Fintech With Flexibility And Promise
Jun 04Revenue & Expenses BreakdownBeta
How Qifu Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 16,290 | 4,285 | 2,537 | 0 |
| 30 Sep 23 | 15,701 | 4,046 | 2,362 | 0 |
| 30 Jun 23 | 15,564 | 3,896 | 2,478 | 0 |
| 31 Mar 23 | 15,833 | 3,779 | 2,654 | 0 |
| 31 Dec 22 | 16,554 | 4,024 | 2,858 | 0 |
| 30 Sep 22 | 17,069 | 4,475 | 3,089 | 0 |
| 30 Jun 22 | 17,538 | 5,046 | 3,187 | 0 |
| 31 Mar 22 | 17,356 | 5,614 | 3,155 | 0 |
| 31 Dec 21 | 16,636 | 5,782 | 2,972 | 0 |
| 30 Sep 21 | 15,551 | 5,664 | 2,640 | 0 |
| 30 Jun 21 | 14,642 | 5,332 | 2,200 | 0 |
| 31 Mar 21 | 13,980 | 4,661 | 1,930 | 0 |
| 31 Dec 20 | 13,564 | 3,497 | 1,773 | 0 |
| 30 Sep 20 | 12,627 | 2,722 | 1,890 | 0 |
| 30 Jun 20 | 11,507 | 2,223 | 2,487 | 0 |
| 31 Mar 20 | 10,394 | 1,965 | 3,025 | 0 |
| 31 Dec 19 | 9,220 | 2,502 | 3,510 | 0 |
| 30 Sep 19 | 8,385 | 2,666 | 3,524 | 0 |
| 30 Jun 19 | 7,105 | -587 | 2,845 | 0 |
| 31 Mar 19 | 5,857 | -1,348 | 2,573 | 0 |
| 31 Dec 18 | 4,447 | -1,904 | 1,966 | 0 |
| 30 Sep 18 | 3,594 | -2,162 | 1,540 | 0 |
| 30 Jun 18 | 1,810 | -122 | 1,356 | 0 |
| 31 Mar 18 | 1,381 | 362 | 645 | 0 |
| 31 Dec 17 | 788 | 165 | 413 | 0 |
| 31 Dec 16 | 4 | -50 | 41 | 0 |
Quality Earnings: QFIN has high quality earnings.
Growing Profit Margin: QFIN's current net profit margins (26.3%) are higher than last year (24.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QFIN has become profitable over the past 5 years, growing earnings by 28.9% per year.
Accelerating Growth: QFIN's earnings growth over the past year (6.5%) is below its 5-year average (28.9% per year).
Earnings vs Industry: QFIN earnings growth over the past year (6.5%) exceeded the Consumer Finance industry -8.3%.
Return on Equity
High ROE: QFIN's Return on Equity (19.4%) is considered low.