Qifu Technology (QFIN) Financials

$42.64 -1.34 (-3.05%)

Closing price 04:00 PM Eastern

Extended Trading

$43.30 +0.66 (+1.55%)

As of 07:59 PM Eastern

Annual Income Statements for Qifu Technology

This table shows Qifu Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	25	-277	359	538	907	583	604	858
Consolidated Net Income / (Loss)	25	174	359	538	905	581	601	856
Net Income / (Loss) Continuing Operations	25	174	359	538	905	581	601	856
Total Pre-Tax Income	33	242	426	628	1,102	688	743	1,081
Total Operating Income	32	239	415	583	1,065	648	684	1,031
Total Gross Profit	102	550	1,168	1,840	2,257	2,056	1,920	1,954
Total Revenue	121	647	1,324	2,086	2,610	2,400	2,294	2,352
Operating Revenue	121	647	1,324	2,086	2,610	2,400	2,294	2,352
Total Cost of Revenue	19	97	156	246	353	344	375	397
Operating Cost of Revenue	19	97	156	246	353	344	375	397
Total Operating Expenses	70	311	753	1,257	1,192	1,408	1,236	923
Selling, General & Admin Expense	7.04	82	61	70	87	60	59	62
Marketing Expense	53	192	409	166	328	320	273	236
Other Operating Expenses / (Income)	9.87	37	282	1,021	777	1,028	903	625
Total Other Income / (Expense), net	0.38	2.21	11	45	37	39	59	50
Interest & Investment Income	-	-	0.00	12	21	24	26	32
Other Income / (Expense), net	0.00	0.75	17	33	16	16	33	17
Income Tax Expense	7.39	68	67	90	197	107	142	225
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	-0.04	-0.14	-2.70	-2.70	-2.36	-2.22
Basic Earnings per Share	$0.83	($9.39)	$8.66	$11.72	$18.82	$1.87	$1.88	$2.88
Weighted Average Basic Shares Outstanding	198.35M	202.75M	288.83M	298.22M	307.27M	312.59M	320.75M	298.01M
Diluted Earnings per Share	$0.83	($9.39)	$8.31	$11.40	$17.99	$1.81	$1.84	$2.83
Weighted Average Diluted Shares Outstanding	198.35M	202.75M	300.94M	306.67M	321.40M	322.02M	328.51M	303.45M
Weighted Average Basic & Diluted Shares Outstanding	-	575.31M	586.84M	608.91M	620.97M	322.79M	315.23M	283.98M

No quarterly income statements for Qifu Technology are available.

This table details how cash moves in and out of Qifu Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	146	154	262	452	312	254	-416	-103
Net Cash From Operating Activities	-17	41	427	819	909	859	1,003	1,280
Net Cash From Continuing Operating Activities	-17	41	427	819	909	859	1,003	1,280
Net Income / (Loss) Continuing Operations	25	174	359	538	905	581	601	856
Consolidated Net Income / (Loss)	25	174	359	538	905	581	601	856
Depreciation Expense	0.20	0.55	1.10	5.55	10	11	10	10
Non-Cash Adjustments To Reconcile Net Income	-12	-56	136	997	470	992	838	723
Changes in Operating Assets and Liabilities, net	-30	-77	-69	-721	-477	-725	-447	-309
Net Cash From Investing Activities	-185	48	-1,272	137	-952	-1,067	-1,570	-1,095
Net Cash From Continuing Investing Activities	-185	48	-1,272	137	-952	-1,067	-1,570	-1,095
Purchase of Property, Plant & Equipment	-1.09	-1.24	-3.67	-2.35	-3.97	-3.91	-12	-21
Acquisitions	-	-	-	0.00	-0.23	-0.85	-6.63	-2.79
Purchase of Investments	-	-	0.00	0.00	-7.85	-8.26	-35	-636
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	2.59	43	179
Other Investing Activities, net	-184	49	-1,268	140	-940	-1,056	-1,559	-615
Net Cash From Financing Activities	348	67	1,107	-505	355	465	150	-290
Net Cash From Continuing Financing Activities	348	67	1,107	-505	355	465	150	-290
Repayment of Debt	-23	-180	-258	-31	-24	-93	-25	-181
Repurchase of Common Equity	0.00	-3.65	-	-	0.00	-2.29	-92	-407
Payment of Dividends	-	0.00	0.00	-0.15	0.00	-143	-133	-173
Issuance of Debt	124	73	287	29	57	52	126	280
Issuance of Common Equity	0.00	48	-	0.00	0.00	37	0.00	0.00
Other Financing Activities, net	246	-73	1,079	-503	322	615	273	191
Effect of Exchange Rate Changes	0.00	-1.90	0.25	0.34	-0.54	-2.64	-	1.65
Cash Interest Paid	0.00	0.00	9.44	0.88	2.16	1.57	1.81	2.55
Cash Income Taxes Paid	-0.07	-8.49	-80	-114	-190	-131	-120	-173

No quarterly cash flow statements for Qifu Technology are available.

This table presents Qifu Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	476	1,070	2,923	3,751	5,258	5,849	6,453	6,594
Total Current Assets	463	1,069	2,800	3,365	4,356	4,944	5,605	5,861
Cash & Equivalents	72	210	303	680	960	1,039	588	610
Restricted Cash	75	83	248	362	415	485	476	322
Short-Term Investments	-	-	-	-	0.00	8.26	2.11	465
Note & Lease Receivable	224	118	1,327	1,154	1,545	2,225	3,465	3,660
Accounts Receivable	66	505	678	946	1,215	906	771	517
Prepaid Expenses	5.20	132	228	202	198	113	76	223
Other Current Assets	20	21	17	20	24	168	226	63
Plant, Property, & Equipment, net	0.92	1.00	2.46	2.98	3.91	6.90	33	50
Total Noncurrent Assets	12	0.12	120	383	898	899	816	684
Noncurrent Note & Lease Receivables	-	0.00	8.51	113	565	555	492	371
Goodwill	-	-	-	-	-	0.00	5.80	5.81
Intangible Assets	0.04	0.12	0.50	0.52	0.78	0.68	1.89	1.62
Noncurrent Deferred & Refundable Income Taxes	12	0.00	100	215	131	148	150	165
Other Noncurrent Operating Assets	-	0.00	11	55	202	195	165	140
Total Liabilities & Shareholders' Equity	476	1,070	2,923	3,751	5,258	5,849	6,453	6,594
Total Liabilities	363	423	1,887	2,293	2,870	3,104	3,353	3,272
Total Current Liabilities	363	421	1,388	2,059	2,219	2,429	2,803	2,394
Short-Term Debt	-	0.00	29	29	62	22	112	188
Accrued Expenses	15	76	104	125	354	291	284	342
Current Deferred & Payable Income Tax Liabilities	18	63	152	189	98	96	105	143
Other Taxes Payable	4.81	24	38	39	38	26	23	15
Other Current Liabilities	129	247	1,058	1,666	1,633	1,994	2,279	1,707
Total Noncurrent Liabilities	0.00	2.29	499	234	650	676	551	879
Noncurrent Deferred & Payable Income Tax Liabilities	-	2.29	0.00	5.82	19	15	32	60
Other Noncurrent Operating Liabilities	0.00	0.00	499	228	631	661	519	819
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	113	646	1,036	1,458	2,388	2,745	3,100	3,322
Total Preferred & Common Equity	113	646	1,036	1,458	2,386	2,733	3,090	3,314
Total Common Equity	113	646	1,036	1,458	2,386	2,733	3,090	3,314
Common Stock	0.00	708	735	833	890	884	853	595
Retained Earnings	22	-63	297	636	1,513	1,856	2,295	2,870
Treasury Stock	-	-	-	-	-	0.00	-54	-153
Accumulated Other Comprehensive Income / (Loss)	0.00	0.54	3.58	-11	-17	-7.51	-4.88	1.63
Noncontrolling Interest	-	0.00	0.18	0.08	2.00	12	10	7.70

No quarterly balance sheets for Qifu Technology are available.

This table displays calculated financial ratios and metrics derived from Qifu Technology's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	435.21%	104.51%	57.60%	25.13%	-8.06%	-4.40%	2.50%
EBITDA Growth	0.00%	640.04%	79.97%	43.49%	75.55%	-38.11%	7.72%	45.61%
EBIT Growth	0.00%	642.94%	79.93%	42.57%	75.45%	-38.55%	7.97%	46.29%
NOPAT Growth	0.00%	588.20%	103.49%	42.56%	75.09%	-37.35%	1.03%	47.57%
Net Income Growth	0.00%	586.58%	106.77%	49.71%	68.24%	-35.80%	3.52%	42.38%
EPS Growth	0.00%	-1,231.33%	188.50%	37.18%	57.81%	-89.93%	1.34%	53.96%
Operating Cash Flow Growth	0.00%	343.71%	928.61%	91.90%	10.91%	-5.49%	16.76%	27.67%
Free Cash Flow Firm Growth	0.00%	0.00%	188.09%	199.66%	-57.12%	59.75%	-192.08%	337.30%
Invested Capital Growth	0.00%	1,135.53%	45.48%	-13.39%	141.67%	14.74%	73.87%	-1.57%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	84.54%	85.02%	88.25%	88.20%	86.46%	85.66%	83.67%	83.10%
EBITDA Margin	26.89%	37.18%	32.72%	29.79%	41.79%	28.13%	31.70%	45.03%
Operating Margin	26.72%	36.98%	31.38%	27.94%	40.79%	27.02%	29.82%	43.86%
EBIT Margin	26.72%	37.10%	32.64%	29.52%	41.40%	27.67%	31.25%	44.60%
Profit (Net Income) Margin	20.92%	26.83%	27.13%	25.77%	34.65%	24.20%	26.20%	36.40%
Tax Burden Percent	77.39%	71.90%	84.30%	85.64%	82.08%	84.46%	80.88%	79.17%
Interest Burden Percent	101.15%	100.61%	98.61%	101.93%	101.98%	103.55%	103.68%	103.10%
Effective Tax Rate	22.61%	28.10%	15.70%	14.36%	17.92%	15.54%	19.12%	20.83%
Return on Invested Capital (ROIC)	0.00%	107.87%	80.78%	104.13%	114.97%	47.42%	32.74%	38.35%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	107.15%	78.59%	99.13%	112.35%	45.08%	28.86%	34.71%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-62.10%	-38.08%	-61.02%	-67.93%	-24.79%	-12.17%	-11.70%
Return on Equity (ROE)	22.46%	45.77%	42.70%	43.11%	47.04%	22.63%	20.57%	26.66%
Cash Return on Invested Capital (CROIC)	0.00%	-60.93%	43.73%	118.48%	32.04%	33.70%	-21.20%	39.94%
Operating Return on Assets (OROA)	6.80%	31.08%	21.64%	18.46%	23.99%	11.96%	11.66%	16.08%
Return on Assets (ROA)	5.32%	22.48%	17.99%	16.11%	20.08%	10.46%	9.77%	13.12%
Return on Common Equity (ROCE)	22.46%	45.77%	42.69%	43.11%	47.01%	22.57%	20.49%	26.58%
Return on Equity Simple (ROE_SIMPLE)	22.46%	26.88%	34.68%	36.87%	37.91%	21.25%	19.46%	25.83%
Net Operating Profit after Tax (NOPAT)	25	172	350	499	874	548	553	817
NOPAT Margin	20.68%	26.59%	26.46%	23.93%	33.48%	22.82%	24.12%	34.72%
Net Nonoperating Expense Percent (NNEP)	0.20%	0.72%	2.19%	5.00%	2.62%	2.34%	3.89%	3.65%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	19.80%	17.22%	23.27%
Cost of Revenue to Revenue	15.46%	14.98%	11.75%	11.80%	13.54%	14.34%	16.33%	16.90%
SG&A Expenses to Revenue	5.82%	12.61%	4.64%	3.36%	3.35%	2.49%	2.58%	2.62%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	57.82%	48.04%	56.87%	60.26%	45.67%	58.65%	53.86%	39.24%
Earnings before Interest and Taxes (EBIT)	32	240	432	616	1,081	664	717	1,049
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	241	433	621	1,091	675	727	1,059
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.45	0.06	2.37	2.07	2.59	2.11	0.79	1.83
Price to Tangible Book Value (P/TBV)	0.45	0.06	2.37	2.07	2.59	2.11	0.79	1.83
Price to Revenue (P/Rev)	0.42	0.06	1.85	1.45	2.37	2.40	1.06	2.57
Price to Earnings (P/E)	2.02	0.00	6.83	5.61	6.81	9.88	4.02	7.05
Dividend Yield	0.00%	0.00%	0.00%	0.00%	1.38%	4.42%	5.45%	3.07%
Earnings Yield	49.46%	0.00%	14.65%	17.82%	14.69%	10.13%	24.87%	14.19%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	3.76	4.51	4.52	3.45	0.69	2.30
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.46	0.96	1.86	1.78	0.65	2.06
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	4.46	3.23	4.46	6.31	2.04	4.58
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	4.47	3.26	4.50	6.42	2.07	4.62
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	5.51	4.02	5.57	7.78	2.68	5.94
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	4.52	2.45	5.35	4.97	1.48	3.79
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	10.18	3.53	19.97	10.96	0.00	5.70
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.03	0.02	0.03	0.01	0.04	0.06
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-1.30	-0.58	-0.48	-0.62	-0.60	-0.55	-0.42	-0.34
Leverage Ratio	4.22	2.04	2.37	2.68	2.34	2.16	2.10	2.03
Compound Leverage Factor	4.27	2.05	2.34	2.73	2.39	2.24	2.18	2.09
Debt to Total Capital	0.00%	0.00%	2.70%	1.93%	2.55%	0.79%	3.50%	5.35%
Short-Term Debt to Total Capital	0.00%	0.00%	2.70%	1.93%	2.55%	0.79%	3.50%	5.35%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.02%	0.01%	0.08%	0.44%	0.32%	0.22%
Common Equity to Total Capital	100.00%	100.00%	97.29%	98.06%	97.37%	98.77%	96.18%	94.43%
Debt to EBITDA	0.00	0.00	0.07	0.05	0.06	0.03	0.15	0.18
Net Debt to EBITDA	0.00	0.00	-1.21	-1.63	-1.20	-2.24	-1.31	-1.14
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.08	0.06	0.07	0.04	0.20	0.23
Net Debt to NOPAT	0.00	0.00	-1.49	-2.03	-1.50	-2.76	-1.72	-1.48
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.88	2.05	2.44	2.54	3.36	2.86	2.18	3.23
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.01%	0.01%	0.05%	0.28%	0.38%	0.28%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	1.28	2.54	2.02	1.63	1.96	2.04	2.00	2.45
Quick Ratio	1.00	1.98	1.66	1.35	1.68	1.72	1.72	2.19
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-215	190	568	244	389	-358	850
Operating Cash Flow to CapEx	-1,561.04%	3,334.30%	11,632.66%	34,873.04%	22,877.86%	21,957.20%	8,418.70%	6,100.76%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	31.66	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	71.28	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	70.67	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.84	0.66	0.63	0.58	0.43	0.37	0.36
Accounts Receivable Turnover	1.82	2.27	2.24	2.57	2.42	2.26	2.74	3.65
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	131.49	674.40	765.88	767.74	757.60	443.83	116.27	57.17
Accounts Payable Turnover	0.09	0.93	15.99	25.92	15.85	0.00	0.00	0.00
Days Sales Outstanding (DSO)	200.21	161.09	163.13	142.12	151.08	161.22	133.39	100.02
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	3,847.03	392.46	22.82	14.08	23.03	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-3,646.82	-231.37	140.30	128.04	128.05	161.22	133.39	100.02
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	-34	353	514	445	1,076	1,234	2,146	2,112
Invested Capital Turnover	-3.55	4.06	3.05	4.35	3.43	2.08	1.36	1.10
Increase / (Decrease) in Invested Capital	0.00	387	161	-69	631	159	912	-34
Enterprise Value (EV)	-96	-251	1,931	2,006	4,865	4,263	1,483	4,847
Market Capitalization	51	42	2,452	3,019	6,175	5,762	2,427	6,049
Book Value per Share	$0.57	$3.19	$1.80	$2.48	$3.92	$4.40	$9.57	$10.51
Tangible Book Value per Share	$0.57	$3.19	$1.80	$2.48	$3.92	$4.40	$9.55	$10.49
Total Capital	113	646	1,065	1,487	2,450	2,767	3,213	3,509
Total Debt	0.00	0.00	29	29	62	22	112	188
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-147	-293	-522	-1,013	-1,312	-1,511	-954	-1,210
Capital Expenditures (CapEx)	1.09	1.24	3.67	2.35	3.97	3.91	12	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-47	354	890	293	824	1,004	1,848	2,258
Debt-free Net Working Capital (DFNWC)	100	647	1,441	1,335	2,199	2,537	2,915	3,655
Net Working Capital (NWC)	100	647	1,412	1,306	2,136	2,515	2,802	3,467
Net Nonoperating Expense (NNE)	-0.29	-1.59	-8.92	-38	-30	-33	-48	-39
Net Nonoperating Obligations (NNO)	-147	-293	-522	-1,013	-1,312	-1,511	-954	-1,210
Total Depreciation and Amortization (D&A)	0.20	0.55	1.10	5.55	10	11	10	10
Debt-free, Cash-free Net Working Capital to Revenue	-38.58%	54.75%	67.25%	14.04%	31.57%	41.85%	80.55%	96.00%
Debt-free Net Working Capital to Revenue	82.77%	100.03%	108.86%	63.98%	84.23%	105.70%	127.04%	155.42%
Net Working Capital to Revenue	82.77%	100.03%	106.69%	62.60%	81.84%	104.79%	122.14%	147.44%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($1.37)	$8.66	$11.72	$18.82	$12.87	$13.36	$2.88
Adjusted Weighted Average Basic Shares Outstanding	0.00	202.75M	288.83M	298.22M	307.27M	312.59M	320.75M	298.01M
Adjusted Diluted Earnings per Share	$0.00	($1.37)	$8.31	$11.40	$17.99	$12.50	$13.04	$2.83
Adjusted Weighted Average Diluted Shares Outstanding	0.00	202.75M	586.84M	306.67M	321.40M	322.02M	328.51M	303.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	575.31M	586.84M	608.91M	620.97M	322.79M	315.23M	283.98M
Normalized Net Operating Profit after Tax (NOPAT)	25	172	350	499	874	548	553	817
Normalized NOPAT Margin	20.68%	26.59%	26.46%	23.93%	33.48%	22.82%	24.12%	34.72%
Pre Tax Income Margin	27.03%	37.32%	32.18%	30.09%	42.21%	28.65%	32.40%	45.98%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	72.15	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	58.48	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	71.53	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	57.87	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.03%	0.00%	24.68%	22.06%	20.21%
Augmented Payout Ratio	0.00%	2.10%	0.00%	0.03%	0.00%	25.07%	37.34%	67.80%

No quarterly metrics and ratios for Qifu Technology are available.

Frequently Asked Questions About Qifu Technology's Financials

When does Qifu Technology's financial year end?

According to the most recent income statement we have on file, Qifu Technology's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Qifu Technology's net income changed over the last 7 years?

Qifu Technology's net income appears to be on an upward trend, with a most recent value of $855.99 million in 2024, rising from $25.30 million in 2017. The previous period was $601.22 million in 2023. See where experts think Qifu Technology is headed by visiting Qifu Technology's forecast page.

What is Qifu Technology's operating income?

Qifu Technology's total operating income in 2024 was $1.03 billion, based on the following breakdown:

Total Gross Profit: $1.95 billion
Total Operating Expenses: $922.88 million

How has Qifu Technology revenue changed over the last 7 years?

Over the last 7 years, Qifu Technology's total revenue changed from $120.94 million in 2017 to $2.35 billion in 2024, a change of 1,844.6%.

How much debt does Qifu Technology have?

Qifu Technology's total liabilities were at $3.27 billion at the end of 2024, a 2.4% decrease from 2023, and a 801.7% increase since 2017.

How much cash does Qifu Technology have?

In the past 7 years, Qifu Technology's cash and equivalents has ranged from $71.90 million in 2017 to $1.04 billion in 2022, and is currently $609.98 million as of their latest financial filing in 2024.

How has Qifu Technology's book value per share changed over the last 7 years?

Over the last 7 years, Qifu Technology's book value per share changed from 0.57 in 2017 to 10.51 in 2024, a change of 1,750.9%.

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This page (NASDAQ:QFIN) was last updated on 5/7/2025 by MarketBeat.com Staff

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Qifu Technology (QFIN) Financials

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