Qifu Technology, Inc. (QFIN)

NASDAQ: QFIN · Real-Time Price · USD
35.25
+2.89 (8.91%)
At close: Nov 20, 2024, 4:00 PM
35.30
+0.05 (0.14%)
After-hours: Nov 20, 2024, 5:27 PM EST
8.91%
Market Cap 5.47B
Revenue (ttm) 2.45B
Net Income (ttm) 778.30M
Shares Out 155.25M
EPS (ttm) 4.99
PE Ratio 7.06
Forward PE 5.79
Dividend $1.18 (3.35%)
Ex-Dividend Date Sep 27, 2024
Volume 1,862,556
Open 34.19
Previous Close 32.37
Day's Range 33.55 - 35.44
52-Week Range 13.71 - 35.44
Beta 0.66
Analysts Strong Buy
Price Target 23.80 (-32.48%)
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 $23.8.

Price Target
$23.8
(-32.48% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

18 hours 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...

1 day 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 ...

14 days 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...

5 weeks 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...

5 weeks 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.

7 weeks 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...

7 weeks 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 ...

3 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...

3 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...

3 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...

4 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...

5 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...

6 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 ...

6 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...

6 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...

6 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...

7 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...

7 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 ...

7 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...

7 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...

8 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 ...

8 months ago - Seeking Alpha

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

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

9 months ago - Seeking Alpha

Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase Plan

Full Year 2023 Total Facilitation and Origination Loan Volume *1 of RMB475.8 Billion Full Year 2023 Net Income of RMB4.3 Billion and Non-GAAP * 2 Net Income of RMB4.5 Billion Estimated US$170 Million ...

9 months ago - GlobeNewsWire

Qifu Technology to Announce Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 12, 2024

SHANGHAI, China, Feb. 29, 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 ...

9 months ago - GlobeNewsWire