360 Finance Inc - ADR

360 DigiTech, Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

360 Finance Inc reports resilient Q4 performance and eyes growth

360 Finance Inc navigated challenges in Q4 2022 to achieve positive performance and growth.
The company's strategic strengths include cost reduction, funding optimization, and regulatory compliance.
Opportunities lie in expanding user base, diversifying acquisition channels, and targeting SME segments.

360 Finance Inc reports robust Q1 performance and accelerates ABS issuance

360 Finance Inc delivered strong financial results in Q1 2023, showcasing growth in user connections, loan volume, and risk management improvements. The company's strategic initiatives to enhance customer acquisition, expand outreach, and strengthen SME borrower management position it for continued success. Opportunities lie in optimizing operations, leveraging partnerships, and advancing technological capabilities.

Qifu Technology excels in loan facilitation and user engagement strategies

Qifu Technology's Q2 2023 performance reflects strong growth in loan facilitation, user adoption, and operational efficiency, supported by strategic upgrades.
The company's strengths lie in effective growth strategies, enhanced user engagement, technology solutions progress, and shareholder value creation initiatives.
Challenges include risk management amidst growth, profitability maintenance, industry competition, and regulatory dynamics, requiring careful navigation.
Opportunities for Qifu Technology include continued user engagement enhancement, strategic partnerships, business expansion, and proactive risk management strategies.

360 Finance Inc reports solid Q3 performance amidst China's economic softening

360 Finance Inc delivered a resilient performance in Q3 2023, focusing on growth, risk management, and operational efficiency. While facing challenges in asset quality and market fluctuations, the company remains optimistic about future loan volume growth and enhancing user engagement. Strategic initiatives like the loyalty program and technology investments position 360 Finance Inc for long-term success.

360 Finance Inc reports strong Q4 earnings, eyes strategic growth

360 Finance Inc delivered robust financial performance in Q4 2023, emphasizing quality growth, operational efficiency, and strategic partnerships to drive revenue and net income growth.
While facing challenges in maintaining prudence and balancing growth with risk management, the company's optimized funding structure and asset allocation strategies position it well for future opportunities.
Strategic investments, a new share repurchase program, and a focus on customer loyalty and risk management present avenues for sustained growth and value creation in 2024.

360 Finance Inc reports robust Q1 earnings, eyes growth opportunities

360 Finance Inc delivered strong financial results in Q1 2024, showcasing growth in revenue, net income, and profitability metrics, outperforming industry peers.
The company's strategic initiatives to improve asset quality, enhance operational efficiency, and optimize risk metrics have positioned it for continued success and shareholder value creation.
While facing challenges in funding costs and market dynamics, 360 Finance Inc has opportunities to leverage its strengths in technology, asset quality, and financial management for sustained growth and performance.

Qifu Technology achieves record profitability in Q3 earnings call

Qifu Technology's Q3 performance reflects strong growth in profitability, user base, and operational efficiency.
The company's focus on technology and partnerships positions it well for future growth and innovation.
Challenges lie in maintaining profitability amidst economic uncertainties and effectively managing capital allocation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Qifu Technology. Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company's proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.

Qifu Technology, Inc. (QFIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Qifu Technology, Inc. (QFIN) Should Keep going

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 it will hold an annual general meeting of shareholders (the “AGM”) at 9:30 a.m. on June 27, 2024 (Beijing time) at the address of 13/F Lujiazui Finance Plaza, No. 1217 Dongfang Road, Pudong New Area, Shanghai 200122, People's Republic of China for the purpose of considering and, if thought fit, re-appointing Deloitte Touche Tohmatsu Certified Public Accountants LLP as the auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix their remuneration for the year ending December 31, 2024.

Qifu Technology to Hold Annual General Meeting on June 27, 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 it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Monday, May 20, 2024.

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

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 annual ESG report for 2023. The report demonstrates Qifu Technology's ESG-related guidelines, strategies and targets in 2023, highlighting the Company's efforts to environmental sustainability and social responsibility, the progress to improve corporate governance, and its ESG performance.

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 announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on April 26, 2024. The annual report can be accessed on the Company's investor relations website at ir.qifu.tech as well as the SEC's website at www.sec.gov . The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

Qifu Technology Filed 2023 Annual Report on Form 20-F

Adtalem Global Education

General Motors

JD.com

KB Home

The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), JD.com (JD), KB Home (KBH), Qifu Technology (QFIN) and Adtalem Global Education (ATGE) are some such stocks.

5 Low Price-to-Book Stocks to Enhance Your Portfolio

Here is how Qifu Technology, Inc. (QFIN) and Gorilla Technology Group Inc. (GRRR) have performed compared to their sector so far this year.

Is Qifu Technology, Inc. (QFIN) Stock Outpacing Its Business Services Peers This Year?

ADMA Biologics

Cimpress

H&E Equipment Services

Willdan Group

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are QFIN, WLDN, HEES, CMPR, AIT.

5 Stocks With Recent Price Strength to Maximize Your Gain

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 updates on its share repurchase plans.

Qifu Technology Provides Updates on Share Repurchase Plans

Affiliated Managers

Unum

The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Unum Group (UNM), KB Home (KBH), Qifu Technology (QFIN) and Affiliated Managers Group (AMG) are some such stocks.

Buy These 5 Stocks With Low P/B Ratio in April

Golden Ocean Group

Sitio Royalties Corp

Accompanying their lucrative dividends these stocks are enjoying positive earnings estimate revisions and currently sport a Zacks Rank #1 (Strong Buy) along with an "A" Zacks Style Scores grade for Momentum.

Top Momentum Stocks Supported by Sizeable Dividends

Qifu Technology, Inc. (QFIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Qifu Technology, Inc. (QFIN) Upgraded to Strong Buy: Here's What You Should Know

International Seaways

Shinhan Financial Group

INSW, SHG and QFIN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 25, 2023.

Best Momentum Stocks to Buy for March 25th

Qifu Technology, Inc. (QFIN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

What Makes Qifu Technology, Inc. (QFIN) a Good Fit for 'Trend Investing'

Goodyear Tire & Rubber

PagSeguro Digital

Qurate Retail Inc

Rush Street Interactive

Super Group SGHC Ltd

StoneCo

Finding undervalued stocks in today's market can be like searching for a needle in a haystack. With stocks regularly hitting new highs, it seems everything has already been bid up to nosebleed valuations.

The 7 Most Undervalued Stocks to Buy if You Only Have $20

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 repurchase program that will be in effect for a year beginning in April 2024. There is the potential for QFIN to command a higher P/E multiple, considering its above-expectations fourth quarter revenue and its aggressive capital return initiatives.

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

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

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 Cash Dividends for Full Year 2023 * 3 and Approximately US$132 Million Aggregate Value of ADSs Repurchased * 4 Since the Launch of the Share Repurchase Plan in June 2023 Announce A New US$350 Million Share Repurchase Plan and Reaffirm Existing Semi-Annual Dividend Policy

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

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 it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, after U.S. markets close on Tuesday, March 12, 2024.

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

Rocket Companies, Inc.

Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Rocket Companies (RKT). But which of these two stocks offers value investors a better bang for their buck right now?

QFIN vs. RKT: Which Stock Is the Better Value Option?

Qifu Technology, Inc. (QFIN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Qifu Technology, Inc. (QFIN) Soars 5.8%: Is Further Upside Left in the Stock?

Centene

Cemex SAB de CV

Deutsche Bank

The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Cemex (CX), Centene (CNC), Qifu Technology (QFIN) and Deutsche Bank Aktiengesellschaft (DB) are some such stocks.

5 Promising Price-to-Book Value Stocks to Buy Now

Investors interested in Technology Services stocks are likely familiar with Qifu Technology, Inc. (QFIN) and Rocket Companies (RKT). But which of these two companies is the best option for those looking for undervalued stocks?

QFIN or RKT: Which Is the Better Value Stock Right Now?

Park Hotels & Resorts

The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Park Hotels & Resorts (PK), Qifu Technology (QFIN), Centene (CNC) and Deutsche Bank Aktiengesellschaft (DB) are some such stocks.

Buy These 5 Price-to-Book Value Stocks for Gains in 2024

Qifu Technology Inc. (NASDAQ:QFIN ) Q3 2023 Earnings Conference Call November 16, 2023 7:30 PM ET Company Participants Wu Haisheng - CEO & Director Alex Xu - CFO & Director Yan Zheng - Chief Risk Officer Conference Call Participants Richard Xu - Morgan Stanley Alex Ye - UBS Emma Xu - Bank of America Securities Cindy Wang - China Renaissance Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please also note today's event is being recorded.

News for 360 Finance Inc - ADR Stock (QFIN)