Qifu Technology, Inc. (QFIN)

Qifu Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	11,009	11,180	13,066	14,452	11,380	7,910
Other Revenue	6,080	5,110	3,488	2,184	2,184	1,310
Revenue	17,090	16,290	16,554	16,636	13,564	9,220
Revenue Growth (YoY)	9.80%	-1.59%	-0.49%	22.65%	47.12%	107.33%
Cost of Revenue	6,719	5,842	4,856	3,799	3,207	2,082
Gross Profit	10,371	10,448	11,698	12,837	10,357	7,138
Selling, General & Admin	2,268	2,361	2,620	2,648	1,535	3,280
Other Operating Expenses	-	-	-	-	-	734.73
Operating Expenses	2,634	2,537	2,858	2,972	1,773	4,245
Operating Income	7,737	7,911	8,840	9,864	8,584	2,894
Interest Expense	-	-	-	-	-	-41.71
Interest & Investment Income	192.73	217.31	182.3	136.37	77.17	-
Currency Exchange Gain (Loss)	-1.23	2.36	-160.23	35.55	101.53	-24.88
Other Non Operating Income (Expenses)	-1,517	-2,823	-4,100	-3,014	-4,681	140.28
EBT Excluding Unusual Items	6,412	5,308	4,762	7,023	4,082	2,967
Gain (Loss) on Sale of Investments	-	-30.11	-19.89	-	-	-
Pretax Income	6,412	5,277	4,742	7,023	4,082	2,967
Income Tax Expense	1,630	1,009	736.8	1,258	586.04	465.98
Earnings From Continuing Operations	4,782	4,269	4,006	5,765	3,496	2,501
Minority Interest in Earnings	16.57	16.76	18.61	17.21	0.9	0.29
Net Income	4,799	4,285	4,024	5,782	3,497	2,502
Net Income to Common	4,799	4,285	4,024	5,782	3,497	2,502
Net Income Growth	23.16%	6.49%	-30.40%	65.35%	39.78%	109.63%
Shares Outstanding (Basic)	157	160	156	154	149	144
Shares Outstanding (Diluted)	160	164	161	161	153	150
Shares Change (YoY)	-2.23%	2.02%	0.19%	4.80%	1.90%	48.43%
EPS (Basic)	30.64	26.72	25.75	37.63	23.45	17.32
EPS (Diluted)	29.97	26.08	25.00	35.98	22.80	16.62
EPS Growth	25.79%	4.32%	-30.52%	57.81%	37.18%	-
Free Cash Flow	7,431	7,034	5,896	5,764	5,311	2,948
Free Cash Flow Per Share	46.43	42.82	36.62	35.87	34.63	19.59
Dividend Per Share	12.018	7.658	4.966	3.430	-	-
Dividend Growth	236.53%	54.21%	44.76%	-	-	-
Gross Margin	60.69%	64.13%	70.66%	77.16%	76.36%	77.42%
Operating Margin	45.27%	48.56%	53.40%	59.30%	63.29%	31.38%
Profit Margin	28.08%	26.31%	24.31%	34.76%	25.78%	27.13%
Free Cash Flow Margin	43.48%	43.18%	35.61%	34.65%	39.15%	31.97%
EBITDA	7,809	7,985	8,917	9,930	8,620	2,901
EBITDA Margin	45.69%	49.01%	53.87%	59.69%	63.55%	31.47%
D&A For EBITDA	72.15	73.76	76.98	65.97	36.06	7.64
EBIT	7,737	7,911	8,840	9,864	8,584	2,894
EBIT Margin	45.27%	48.56%	53.40%	59.30%	63.29%	31.38%
Effective Tax Rate	25.42%	19.12%	15.54%	17.92%	14.36%	15.70%
Revenue as Reported	17,090	16,290	16,554	16,636	13,564	9,220

Source: S&P Capital IQ. Standard template. Financial Sources.