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Qifu Technology NasdaqGS:QFIN Stock Report

Last Price

US$24.84

Market Cap

US$3.9b

7D

4.8%

1Y

54.4%

Updated

22 Aug, 2024

Data

Company Financials +

Qifu Technology, Inc.

NasdaqGS:QFIN Stock Report

Market Cap: US$3.9b

QFIN Stock Overview

Operates credit-tech platform under the 360 Jietiao brand in the People’s Republic of China.

QFIN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends4/6

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$24.84
52 Week HighUS$25.14
52 Week LowUS$13.68
Beta0.66
11 Month Change29.04%
3 Month Change24.26%
1 Year Change54.38%
33 Year Change12.81%
5 Year Change167.67%
Change since IPO50.55%

Recent News & Updates

Recent updates

Qifu Technology (NASDAQ:QFIN) Will Pay A Larger Dividend Than Last Year At CN¥0.59

Aug 22
Qifu Technology (NASDAQ:QFIN) Will Pay A Larger Dividend Than Last Year At CN¥0.59

Qifu Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 17
Qifu Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Qifu Technology: Attractive Shareholder Yield And Positive Earnings Outlook

Aug 16

Qifu Technology, Inc. (NASDAQ:QFIN) Doing What It Can To Lift Shares

Jul 16
Qifu Technology, Inc. (NASDAQ:QFIN) Doing What It Can To Lift Shares

Qifu Technology: Still Positive Considering Favorable Guidance And Metrics

Jun 04

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

Shareholder Returns

QFINUS Consumer FinanceUS Market
7D4.8%2.1%3.1%
1Y54.4%42.2%24.9%

Return vs Industry: QFIN exceeded the US Consumer Finance industry which returned 42.2% over the past year.

Return vs Market: QFIN exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is QFIN's price volatile compared to industry and market?
QFIN volatility
QFIN Average Weekly Movement5.4%
Consumer Finance Industry Average Movement6.0%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: QFIN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20163,121Haisheng Wuwww.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

How do Qifu Technology's earnings and revenue compare to its market cap?
QFIN fundamental statistics
Market capUS$3.86b
Earnings (TTM)US$672.53m
Revenue (TTM)US$2.40b

5.7x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QFIN income statement (TTM)
RevenueCN¥17.09b
Cost of RevenueCN¥6.72b
Gross ProfitCN¥10.37b
Other ExpensesCN¥5.57b
EarningsCN¥4.80b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)30.91
Gross Margin60.69%
Net Profit Margin28.08%
Debt/Equity Ratio5.4%

How did QFIN perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

39%

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 DateSep 27 2024
Dividend Pay DateNov 01 2024
Days until Ex dividend35 days
Days until Dividend pay date70 days

Does QFIN pay a reliable dividends?

See QFIN dividend history and benchmarks