Qifu Stock (NASDAQ:QFIN)
Previous Close
$36.37
52W Range
$17.76 - $48.94
50D Avg
$42.10
200D Avg
$32.94
Market Cap
$2.82B
Avg Vol (3M)
$1.94M
Beta
0.58
Div Yield
$0.59 (1.53%)
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 24 | Dec 23 | Dec 22 |
---|---|---|---|
Credit driven services | $11.72B | $11.74B | $11.59B |
Other services fees. | $370.99M | $215.62M | $112.73M |
Platform services | $5.45B | $4.55B | $4.97B |
Revenue From Loan Facilitation Services Under Fees Capital Light | $1.25B | $2.10B | $2.66B |
Revenue from Loan Facilitation Services Under Fees Capital Light | $870.26M | $1.12B | $1.47B |
Revenue from post-facilitation services | $377.70M | $585.42M | $644.31M |
Financial Service | $6.64B | - | - |
Financing income | - | $5.11B | $3.49B |
Loan facilitation and servicing fees-capital heavy | - | - | $13.27M |
Loan facilitation and servicing fees-capital light | - | - | $1.01B |
Other services fees | - | - | $58.49M |
Fiscal year ends in Dec 23 | Currency in CNY