XNASQFIN
Market cap3.01bUSD
Dec 23, Last price
38.20USD
1D
-0.13%
1Q
38.51%
IPO
131.66%
Name
Qifu Technology Inc
Chart & Performance
P/E
10.24
P/S
2.69
EPS
27.23
Div Yield, %
15.67%
Shrs. gr., 5y
10.13%
Rev. gr., 5y
29.65%
Revenues
16.29b
-1.59%
Net income
4.29b
+6.49%
CFO
7.12b
+20.19%
Dividend
Sep 27, 20240.59 USD/sh
Earnings
Mar 10, 2025
Profile
360 DigiTech, Inc., through its subsidiaries, operates financial technology platform under the 360 Jietiao brand in the People's Republic of China. The company provides credit-driven services that matches borrowers with financial institution partners enabling financial institution partners to conduct customer acquisition, initial credit screening, advanced risk assessment, collection, 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 also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. The company serves consumers, and micro- and small-business owners. The company was formerly known as 360 Finance, Inc. and changed its name to 360 DigiTech, Inc. in September 2020. 360 DigiTech, Inc. was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 16,290,027 -1.59% | 16,553,930 -0.49% | 16,635,645 22.65% | |||||
Cost of revenue | 8,203,454 | 7,475,905 | 6,446,617 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 8,086,573 | 9,078,025 | 10,189,028 | |||||
NOPBT Margin | 49.64% | 54.84% | 61.25% | |||||
Operating Taxes | 1,008,874 | 736,804 | 1,258,196 | |||||
Tax Rate | 12.48% | 8.12% | 12.35% | |||||
NOPAT | 7,077,699 | 8,341,221 | 8,930,832 | |||||
Net income | 4,285,336 6.49% | 4,024,173 -30.40% | 5,781,725 65.35% | |||||
Dividends | (941,705) | (988,586) | ||||||
Dividend yield | 72.48% | 60.31% | ||||||
Proceeds from repurchase of equity | (636,179) | 239,125 | ||||||
BB yield | 48.96% | -14.59% | ||||||
| Debt | ||||||||
Debt current | 827,729 | 150,000 | 397,576 | |||||
Long-term debt | 29,143 | 70,222 | 38,956 | |||||
Deferred revenue | (39,518) | 108,249 | ||||||
Other long-term liabilities | 3,909,096 | 49,165 | (121,426) | |||||
Net debt | (3,351,018) | (7,059,362) | (5,679,828) | |||||
| Cash flow | ||||||||
Cash from operating activities | 7,118,350 | 5,922,515 | 5,789,700 | |||||
CAPEX | (84,554) | (25,307) | (25,307) | |||||
Cash from investing activities | (11,147,789) | (7,355,975) | (6,064,328) | |||||
Cash from financing activities | 1,066,458 | 3,204,068 | 2,263,720 | |||||
FCF | (26,823,417) | 9,034,646 | 7,096,255 | |||||
| Balance | ||||||||
Cash | 4,192,890 | 7,222,584 | 6,116,360 | |||||
Long term investments | 15,000 | 57,000 | ||||||
Excess cash | 3,393,389 | 6,451,888 | 5,284,578 | |||||
Stockholders' equity | 16,335,055 | 12,836,072 | 9,544,342 | |||||
Invested Capital | 43,252,912 | 33,097,034 | 27,631,086 | |||||
ROIC | 18.54% | 27.47% | 38.05% | |||||
ROCE | 17.34% | 22.90% | 30.84% | |||||
| EV | ||||||||
Common stock shares outstanding | 164,254 | 161,009 | 160,699 | |||||
Price | 7.91 -22.30% | 10.18 -11.21% | 11.47 94.49% | |||||
Market cap | 1,299,253 -20.73% | 1,639,074 -11.04% | 1,842,413 103.83% | |||||
EV | (1,979,391) | (5,336,147) | (3,824,669) | |||||
EBITDA | 8,160,335 | 9,143,998 | 10,255,001 | |||||
EV/EBITDA | ||||||||
Interest | 77,169 | 10,026 | ||||||
Interest/NOPBT | 0.85% | 0.10% | ||||||