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Qifu Technology Inc DRC (QFIN)

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18.02 +0.18    +1.01%
18/04 - Closed. Currency in USD ( Disclaimer )
After Hours
18.02
-0.00
-0.00%
17:59:23 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 974,341
  • Bid/Ask: 17.80 / 19.00
  • Day's Range: 17.99 - 18.43
Qifu Tech DRC 18.02 +0.18 +1.01%

QFIN Income Statement

 
Featured here, the Income Statement (earnings report) for Qifu Technology Inc DRC, showing the company's financial performance from operating and non operating activities such as revenue, expenses and income for the last 4 periods (either quarterly or annually).
AnnualQuarterly
InvestingPro Advanced Income Statement
Period Ending: 2023
31/12
2023
30/09
2023
30/06
2023
31/03
Total Revenue 4495.5 4281.03 3914.32 3599.17
Revenue 3010.06 2911.17 2725.59 2533.29
Other Revenue, Total 1485.45 1369.86 1188.74 1065.88
Cost of Revenue, Total 1680.89 1395.84 1378.78 1227.96
Gross Profit 2814.62 2885.18 2535.54 2371.22
Total Operating Expenses 2431.62 2060.59 1975.23 1752.79
Selling/General/Admin. Expenses, Total 750.73 664.75 596.45 524.83
Research & Development - - - -
Depreciation / Amortization - - - -
Interest Expense (Income) - Net Operating - - - -159.02
Unusual Expense (Income) - - - -
Other Operating Expenses, Total - - - 159.02
Operating Income 2063.88 2220.44 1939.09 1846.39
Interest Income (Expense), Net Non-Operating - - - -
Gain (Loss) on Sale of Assets - - -30.11 -
Other, Net 732.96 742.33 602.89 744.27
Net Income Before Taxes 1330.92 1478.1 1366.31 1102.11
Provision for Income Taxes 223.24 340.41 272.93 172.29
Net Income After Taxes 1107.69 1137.69 1093.38 929.82
Minority Interest 72.37 76.43 75.79 79.86
Equity In Affiliates - - - -
U.S GAAP Adjustment - - - -
Net Income Before Extraordinary Items 1111.74 1142.05 1097.44 934.11
Total Extraordinary Items - - - -
Net Income 1111.74 1142.05 1097.44 934.11
Total Adjustments to Net Income - - - -
Income Available to Common Excluding Extraordinary Items 1111.74 1142.05 1097.44 934.11
Dilution Adjustment -0.432 -0.349 -1.21 0.071
Diluted Net Income 1112.17 1142.4 1098.65 934.04
Diluted Weighted Average Shares 161.65 164.61 165.46 165.61
Diluted EPS Excluding Extraordinary Items 6.88 6.94 6.64 5.64
DPS - Common Stock Primary Issue 4.11 0.022 3.63 -
Diluted Normalized EPS 5.17 5.64 5.3 4.19
* In Millions of CNY (except for per share items)
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QFIN Comments

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Jay Os
Jay Os Feb 04, 2022 11:01AM ET
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people without money will want to lend money due crises
Argenis Quintero
Argenis1979 Nov 26, 2021 7:32AM ET
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Black Friday, time to add more here.
eToro Millionaire
MontiDigital Oct 23, 2021 8:10PM ET
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Good price, this is going up to $30
cc cc
cc cc Sep 22, 2021 10:07AM ET
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For me UPST is currently the better choice - I keep and eye on QFIN and might enter a position once momentum gains (but with a tight stop limit). In the meantime UPST I have tighentend the stop loss for UPST to 8%, but I think UPST will go up further - even in bear markets.
Txus Delgado
Txus Delgado Sep 22, 2021 10:07AM ET
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did you see the P/E indicator for Upstart ? today sep 22 is around 500 ...it's crazy !
AI IA
AI IA Sep 22, 2021 10:07AM ET
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lol you are the typical upstart investor ... you have not idea of what fundamental are ahah
cc cc
cc cc Sep 22, 2021 10:07AM ET
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AI IA You cannot look at only like that for high tech companies - You have to look at different facttors - how would value companies with negative P/E? You have to look at their growth rate, gross and net margins, R40 and cash flows and bring them to the future. If they fail to deliver on the growth it will dive, but if they do, these ratios will start to tumble.Also, their business model is excellent - unlike QFIN they have penetrated big banks in US and Europe, potential is huge - to get in now, yes it is an expensive stock at nearly 40x Sales, but it might very good profits and might sell into it.
cc cc
cc cc Sep 22, 2021 10:07AM ET
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Well, then you lose out big time, what about TSLA, ROKU, ESTC, PSTG and many more. Most high tech growing companies have more than 3 net losses and I am invested in them (except TSLA). That is the reason their grwoth rate and FCF margin are growing (or at least thei sum)...once they brake into profit, their are cash machines with these margins...
Osama Abd Elrahman
Osama Abd Elrahman Aug 20, 2021 2:42AM ET
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crazy excellent earnings, time to go back to 40$
Show previous replies (2)
logi kk
logi kk Aug 20, 2021 2:42AM ET
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looks like it's going to 10 now
AI IA
AI IA Aug 20, 2021 2:42AM ET
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and 30 here we are lol
logi kk
logi kk Aug 20, 2021 2:42AM ET
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logi kk
logi kk Aug 20, 2021 2:42AM ET
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AI IA 20 here we are
AI IA
AI IA Aug 20, 2021 2:42AM ET
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and bought it again ahah 20-30 range will be played until the end of the year
logi kk
logi kk Aug 17, 2021 5:37AM ET
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okay this is crazy...
logi kk
logi kk Aug 17, 2021 5:37AM ET
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it falls very fast now.
logi kk
logi kk Aug 17, 2021 5:37AM ET
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Actually I’m thinking about buying this ********
logi kk
logi kk Aug 17, 2021 5:37AM ET
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looks like it's going up now. But yeah I agree with you. Buying Cinese stocks is more like gambling.
logi kk
logi kk Aug 17, 2021 5:37AM ET
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I like gambling. I'm gonna bet some money on it now.
AI IA
AI IA Aug 16, 2021 10:27AM ET
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almost 1x revenues at current price ... insane
logi kk
logi kk Aug 16, 2021 10:27AM ET
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told you it's worthless to buy this
cc cc
cc cc Aug 16, 2021 10:27AM ET
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AI IA this is not unsual - actually it is the average 1-2 for credit services and having low P/E ratios. You cannot compare it with other sectors - margins are very low (even if you use apps or technology - you core business, QFIN, is lending money - and I would not rely just on a sole webiste for information (rather start with their financial report). Additionally, QFIN has also a high risk reward profile....so depedning of situation is favorable or not the stock will react more than others...
AI IA
AI IA Aug 16, 2021 10:27AM ET
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you have clearly no idea of what you are talking about ... look at growth rate and margins .. this is a fintech not a bank
cc cc
cc cc Aug 16, 2021 10:27AM ET
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AI A read their earnings report then you see what is their business - traditional lending is over 80% platform services is les then 20%...reading 1 ratio is one thing....putting into context, well..useless
John Sheehy
John Sheehy Aug 12, 2021 2:10PM ET
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Just bought more ahead of earnings soon which should be good despite the fud.
NY Brokers Stock Exchange
NY Brokers Stock Exchange Aug 12, 2021 2:10PM ET
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John is it worth to entry to QFIN ?
logi kk
logi kk Aug 12, 2021 2:10PM ET
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NY Brokers Stock Exchange totally not worth it. Dont trust any chinese company.
logi kk
logi kk Aug 12, 2021 2:10PM ET
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I don’t think it will stop falling. And i won’t recommand to buy any chinese stock.
John Sheehy
John Sheehy Aug 12, 2021 2:08PM ET
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The app has been re-approved :)
Barcan Armand
Barcan Armand Aug 12, 2021 3:11AM ET
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Anyone understands the price action from the last week?
AI IA
AI IA Aug 12, 2021 3:11AM ET
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no clues .. this stock is completely manipulated .. only long term holders will be rewarded
John Sheehy
John Sheehy Aug 12, 2021 3:11AM ET
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App is live again
 
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