Qifu Technology, Inc. (QFIN)

NASDAQ: QFIN · Real-Time Price · USD
38.25
+0.34 (0.90%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.90%
Market Cap 5.94B
Revenue (ttm) 2.45B
Net Income (ttm) 778.30M
Shares Out 155.25M
EPS (ttm) 4.99
PE Ratio 7.67
Forward PE 6.10
Dividend $1.18 (3.09%)
Ex-Dividend Date Sep 27, 2024
Volume 1,555,246
Open 37.66
Previous Close 37.91
Day's Range 37.18 - 39.40
52-Week Range 13.71 - 40.31
Beta 0.68
Analysts Strong Buy
Price Target 37.50 (-1.96%)
Earnings Date Nov 19, 2024

About QFIN

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 engi... [Read more]

Industry Credit Services
Sector Financials
IPO Date Dec 14, 2018
Employees 3,121
Stock Exchange NASDAQ
Ticker Symbol QFIN
Full Company Profile

Financial Performance

In 2023, Qifu Technology's revenue was 16.29 billion, a decrease of -1.59% compared to the previous year's 16.55 billion. Earnings were 4.29 billion, an increase of 6.49%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to one analyst, the rating for QFIN stock is "Strong Buy" and the 12-month stock price forecast is $37.5.

Price Target
$37.5
(-1.96% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Qifu Technology's Rally Shouldn't Stop

Qifu Technology has shown strong performance with a 140% YoY stock return, driven by its capital-light platform services and improved profitability. The company's Q3 2024 results exceeded expectations...

21 days ago - Seeking Alpha

Qifu Technology, Despite Its Positive Quant Factor Grades, Is A Hold For Me

I like aspects of Qifu Technology like its strong non-risk-bearing revenue growth (+277%), solid financials and balance sheet, and shareholder-friendly actions like growing dividends and share buyback...

26 days ago - Seeking Alpha

Qifu Technology, Inc. (QFIN) Q3 2024 Earnings Call Transcript

Qifu Technology, Inc. (NASDAQ:QFIN) Q3 2024 Results Conference Call November 19, 2024 7:30 PM ET Company Participants Karen Ji - Senior Director, Capital Markets Haisheng Wu - CEO Alex Xu - CFO Confe...

4 weeks ago - Seeking Alpha

Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US$450 Million Share Repurchase Plan for 2025

SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its u...

4 weeks ago - GlobeNewsWire

Qifu Technology to Announce Third Quarter 2024 Unaudited Financial Results on November 19, 2024

SHANGHAI, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that ...

6 weeks ago - GlobeNewsWire

Qifu Technology: Dividend Stock To Benefit From China's Stimulus

Qifu Technology can benefit from increased demand for its credit-based offerings as interest rates become more attractive for borrowers. The company's expected growth could be upgraded due to economic...

2 months ago - Seeking Alpha

Qifu Technology: An Underrated Fintech Stock

Qifu Technology is a profitable Chinese digital lending firm utilizing AI and big data, showing significant earnings growth and a 97.85% stock price surge. Q2 2024 results highlight a 6.3% revenue inc...

2 months ago - Seeking Alpha

Qifu Technology Inc (QFIN) Shares Up 3.84% on Oct 2

Shares of Qifu Technology Inc (QFIN, Financial) surged 3.84% in mid-day trading on Oct 2. The stock reached an intraday high of $32.90, before settling at $32.05, up from its previous close of $30.86.

2 months ago - GuruFocus

Qifu Technology Responds to Short Seller Report

SHANGHAI, China, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today issues the fol...

3 months ago - GlobeNewsWire

Qifu Technology: Attractive Shareholder Yield And Positive Earnings Outlook

QFIN's third quarter bottom-line growth prospects are favorable, taking into account expectations of provision write-backs and lower operating costs. Qifu Technology's potential shareholder yield for ...

4 months ago - Seeking Alpha

Qifu Technology, Inc. (QFIN) Q2 2024 Earnings Call Transcript

Qifu Technology, Inc. (NASDAQ:QFIN) Q2 2024 Earnings Conference Call August 13, 2024 8:30 PM ET Company Participants Karen Ji - Senior Director, Capital Markets Wu Haisheng - CEO Alex Xu - CFO Confer...

4 months ago - Seeking Alpha

Qifu Technology Announces Second Quarter and Interim 2024 Unaudited Financial Results, Announces Board Change and Raises Semi-Annual Dividend

SHANGHAI, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudite...

4 months ago - GlobeNewsWire

Qifu Technology to Announce Second Quarter 2024 Unaudited Financial Results on August 13, 2024

SHANGHAI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will...

5 months ago - GlobeNewsWire

Qifu Technology Announces Results of Annual General Meeting

SHANGHAI, June 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that the fol...

6 months ago - GlobeNewsWire

Qifu Technology Stock: A Strong Start To 2024

We recap Qifu Technologies Q1 earnings report. The company is managing to drive profitability higher even as consumer credit conditions in the Chinese economy remain volatile. Shares offer a compellin...

7 months ago - Seeking Alpha

Qifu Technology: Still Positive Considering Favorable Guidance And Metrics

QFIN is expecting a reasonably good high-single digit percentage expansion in its bottom line for Q2 2024, while the stock trades at a low-to-mid digit forward P/E multiple. I have a positive view of ...

7 months ago - Seeking Alpha

Qifu Technology, Inc. (QFIN) Q1 2024 Earnings Call Transcript

Qifu Technology, Inc. (NASDAQ:QFIN) Q1 2024 Results Conference Call May 20, 2024 7:30 AM ET Company Participants Karen Ji - Senior Director of Capital Markets Wu Haisheng - Chief Executive Officer Al...

7 months ago - Seeking Alpha

Qifu Technology Announces First Quarter 2024 Unaudited Financial Results

SHANGHAI, China, May 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its un...

7 months ago - GlobeNewsWire

Qifu Technology to Hold Annual General Meeting on June 27, 2024

SHANGHAI, China, May 08, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that i...

8 months ago - GlobeNewsWire

Qifu Technology to Announce First Quarter 2024 Unaudited Financial Results on May 20, 2024

SHANGHAI, China, May 07, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that i...

8 months ago - GlobeNewsWire

Qifu Technology Releases 2023 ESG Report

SHANGHAI, China, April 26, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today published its ...

8 months ago - GlobeNewsWire

Qifu Technology Filed 2023 Annual Report on Form 20-F

SHANGHAI, China, April 26, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that...

8 months ago - GlobeNewsWire

Qifu Technology Provides Updates on Share Repurchase Plans

SHANGHAI, China, April 02, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today provided updat...

9 months ago - GlobeNewsWire

Qifu Technology: Turning Bullish On Revenue Beat And New Buyback Plan (Rating Upgrade)

QFIN's Q4 2023 top line exceeded the consensus estimate by +6%, and the company has guided for a +20% YoY growth in its bottom line for Q1 2024. Qifu Technology has announced a new $350 million share ...

10 months ago - Seeking Alpha

Qifu Technology, Inc. (QFIN) Q4 2023 Earnings Call Transcript

Qifu Technology, Inc. (QFIN) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha