Qifu Stock (NASDAQ:QFIN)
Previous Close
$37.91
52W Range
$13.71 - $40.31
50D Avg
$34.49
200D Avg
$24.64
Market Cap
$6.19B
Avg Vol (3M)
$1.72M
Beta
0.66
Div Yield
$1.17 (2.97%)
QFIN Company Profile
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. It serves financial institutions, consumers, and small- and micro-enterprises. The company was formerly known as 360 DigiTech, Inc. and changed its name to Qifu Technology, Inc. in March 2023. Qifu Technology, Inc. was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.
QFIN Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
Product/Service | Dec 23 | Dec 22 | Dec 21 |
---|---|---|---|
Credit driven services | $11.74B | $11.59B | $10.19B |
Other services fees. | $215.62M | $112.73M | $95.88M |
Revenue from post-facilitation services | $585.42M | $644.31M | $1.40B |
Revenue from Loan Facilitation Services Under Fees Capital Light | $1.12B | $1.47B | $1.19B |
Revenue From Loan Facilitation Services Under Fees Capital Light | $2.10B | $2.66B | $4.48B |
Platform services | $4.55B | $4.97B | $6.45B |
Financing income | $5.11B | $3.49B | $2.18B |
Other services fees | - | $58.49M | $8.57M |
Loan facilitation and servicing fees-capital light | - | $1.01B | $2.16B |
Loan facilitation and servicing fees-capital heavy | - | $13.27M | $93.00K |
Referral services | - | - | $7.67M |
Releasing of guarantee liabilities | - | - | $5.58B |
Revenue from post-origination services | - | - | $926.72M |