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Qifu Technology, Inc. (QFIN)

(Delayed Data from NSDQ)

$18.52 USD

18.52
1,469,932

-0.35 (-1.85%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $18.50 -0.02 (-0.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value C Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 38% (95 out of 252)

Industry: Technology Services

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Balance Sheet

Research for QFIN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Qifu Technology, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,067 1,532 1,375 1,038 551
Receivables 4,463 3,299 2,784 2,113 2,023
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets 76 113 198 202 228
Total Current Assets 5,605 4,944 4,356 3,353 2,802
Net Property & Equipment 33 7 4 3 2
Investments & Advances NA 0 0 0 0
Other Non-Current Assets 513 597 600 160 11
Deferred Charges 150 148 131 214 100
Intangibles 145 145 1 1 1
Deposits & Other Assets 6 8 7 8 8
Total Assets 6,453 5,849 5,258 3,738 2,924
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 0 0 0 0
Accounts Payable 1,260 884 362 478 635
Current Portion Long-Term Debt 112 22 62 29 29
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 284 291 354 124 104
Income Taxes Payable 128 122 136 227 190
Other Current Liabilities 1,019 1,110 1,305 1,194 431
Total Current Liabilities 2,803 2,429 2,219 2,051 1,389
Mortgages NA 0 0 0 0
Deferred Taxes/Income 32 15 19 6 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 519 661 631 227 499
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 3,353 3,104 2,870 2,284 1,888
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 884 890 830 735
Retained Earnings NA 1,856 1,513 634 298
Other Equity NA 5 -15 -11 4
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity 3,100 2,745 2,388 1,453 1,036
Total Liabilities & Shareholder's Equity 6,453 5,849 5,258 3,738 2,924
Total Common Equity 103,099 2,745 2,388 1,453 1,036
Shares Outstanding 161.40 161.40 155.20 152.20 146.70
Book Value Per Share 638.78 17.01 15.39 9.55 7.06

Fiscal Year End for Qifu Technology, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,067 1,097 1,181 1,308
Receivables NA 4,463 4,216 3,911 3,697
Notes Receivable NA NA 0 0 0
Inventories NA NA 0 0 0
Other Current Assets NA 76 171 88 94
Total Current Assets NA 5,605 5,484 5,179 5,099
Net Property & Equipment NA 33 20 15 11
Investments & Advances NA NA 0 0 0
Other Non-Current Assets NA 513 495 495 524
Deferred Charges NA 150 162 151 164
Intangibles NA 145 142 137 1
Deposits & Other Assets NA 6 7 8 10
Total Assets NA 6,453 6,310 5,985 5,953
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA 0 0 0
Accounts Payable NA 1,260 951 823 1,168
Current Portion Long-Term Debt NA 112 104 36 22
Current Portion Capital Leases NA NA 0 0 0
Accrued Expenses NA 284 367 242 260
Income Taxes Payable NA 128 156 130 134
Other Current Liabilities NA 1,019 1,026 1,002 1,063
Total Current Liabilities NA 2,803 2,604 2,232 2,647
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA 32 16 17 17
Convertible Debt NA NA 0 0 0
Long-Term Debt NA NA 0 0 0
Non-Current Capital Leases NA NA 0 0 0
Other Non-Current Liabilities NA 794 856 417
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA 3,353 3,414 3,105 3,080
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA 0 0 0
Common Stock (Par) NA NA 0 0 0
Capital Surplus NA NA 0 0 0
Retained Earnings NA NA 0 0 0
Other Equity NA NA 0 0 0
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA 3,100 2,896 2,880 2,873
Total Liabilities & Shareholder's Equity NA 6,453 6,310 5,985 5,953
Total Common Equity 0 103,099 2,896 2,880 2,873
Shares Outstanding 161.40 161.40 161.40 161.40 161.40
Book Value Per Share 0.00 638.78 17.94 17.85 17.80