Qifu Technology Inc (QFIN) |
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Price: $18.4700
$0.16
0.874%
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Day's High:
| $18.515
| Week Perf:
| 13.31 %
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Day's Low: |
$ 18.05 |
30 Day Perf: |
21.35 % |
Volume (M): |
1,720 |
52 Wk High: |
$ 20.40 |
Volume (M$): |
$ 31,759 |
52 Wk Avg: |
$16.23 |
Open: |
$18.40 |
52 Wk Low: |
$13.12 |
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Market Capitalization (Millions $) |
5,948 |
Shares
Outstanding (Millions) |
322 |
Employees |
4,000 |
Revenues (TTM) (Millions $) |
2,400 |
Net Income (TTM) (Millions $) |
581 |
Cash Flow (TTM) (Millions $) |
254 |
Capital Exp. (TTM) (Millions $) |
4 |
Qifu Technology Inc
360 Digitech Inc. is a leading technology platform in China's consumer finance industry that offers a range of innovative and comprehensive financial products and services to both individuals and businesses. The company was founded in 2016 and is headquartered in Shanghai, China.
360 Digitech has created a robust and scalable technology infrastructure that integrates advanced big data and artificial intelligence capabilities to provide real-time risk management, credit assessment, and recommendation engines for its wide range of financial products. The company's platform enables it to offer personalized and customized financial solutions, including consumer loans, SME loans, supply chain finance, insurance, and wealth management products.
Consumer Loans:
360 Digitech offers unsecured and secured loans to individual consumers through its online platform, 360 Dafuweng. The company's advanced risk management system ensures efficient and timely loan approval and disbursement to customers, while its competitive interest rates and flexible repayment terms provide an attractive option for borrowers. 360 Dafuweng has also partnered with leading Chinese e-commerce platforms, such as JD.com and Suning, to offer convenient and seamless access to consumer loans.
SME Loans:
The company's online platform, 360 Fintech, provides small and medium-sized enterprises (SMEs) with access to financing options tailored to their specific business needs. The platform offers a range of SME loans, including supply chain finance and factoring, to help businesses manage their cash flow and reduce financial risks. 360 Fintech's AI-powered credit assessment and risk management system enables efficient and accurate loan evaluation and provides borrowers with quick access to funds.
Supply Chain Finance:
360 Digitech's supply chain finance platform, 360 Supply Chain Finance, offers financing solutions to businesses operating in the supply chain ecosystem. The platform integrates with logistics service providers and e-commerce marketplaces to provide businesses with easy access to financing options and streamlined working capital management. The platform enables businesses to reduce transaction costs, improve liquidity, and enhance their supply chain efficiency.
Insurance:
360 Digitech has partnered with leading insurance companies in China to offer a range of insurance products to individuals and businesses. Through its online platform, 360 Insurance, the company provides customers with a convenient and transparent way to purchase insurance policies tailored to their specific needs. The platform's AI-powered recommendation engine analyzes customer data and provides customized insurance products that suit their requirements.
Wealth Management:
The company's wealth management platform, 360 Wealth Management, offers a range of investment products to help customers grow their wealth. The platform provides customers with personalized investment advice and customized investment portfolios tailored to their risk tolerance, financial goals, and investment preferences. The platform's AI-powered recommendation engine continuously monitors the market and adjusts customers' portfolios to ensure optimal investment performance.
Overall, 360 Digitech is a technology-driven company that leverages cutting-edge big data and AI technology to provide innovative and comprehensive financial solutions to individuals and businesses in China. With a focus on customer-centricity and advanced risk management capabilities, the company is well-positioned to continue its growth and expansion in the consumer finance industry.
Company Address: 7/F Lujiazui Finance Plaza Shanghai 200122
Company Phone Number: 5835-7668 Stock Exchange / Ticker: NASDAQ QFIN
QFIN is expected to report next financial results on April 26, 2024. |
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Stock Performances by Major Competitors |
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Oportun Financial Corporation
Oportun Financial Corporation recently released its financial results for the fourth quarter of 2023, showcasing a combination of positive and negative outcomes. While the company experienced a significant increase in its net shortfall per share and a decline in revenue compared to the previous quarter, operating earnings rose substantially. This article aims to interpret the key financial results, shedding light on both the challenges and successes faced by Oportun Financial Corporation during this period. Financial Highlights: 1. Widening Shortfall per Share: In the fourth quarter of 2023, Oportun Financial Corporation saw a significant increase in its net shortfall per share, amounting to $-0.95, compared to $-0.24 in the same quarter a year earlier. This represents a four-fold increase in losses per share over the given period. Sequentially, the company's net shortfall per share increased from $-0.55. As a result, investors may be concerned about the declining profitability of the corporation.
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Consumer Portfolio Services Inc
Interpreting the Financial Results of Consumer Portfolio Services Inc: A Case of EPS Decline Despite Revenue Elevation LAS VEGAS, NV, March 15, 2024 - Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (CPS or the Company) recently announced its financial results for the fourth quarter of the 2023 earnings season. While the company witnessed a significant increase in revenue, it also faced a decline in earnings per share (EPS). During the fourth quarter of 2023, EPS plummeted by -46.95% to $0.31 per share, contrasting the previous reporting season where EPS stood at $0.41 per share. Conversely, revenue experienced noteworthy growth of 10.789%, amounting to $91.98 million compared to $92.08 million in the corresponding reporting season a year earlier.
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Loandepot Inc
Investors in the financial services industry have been closely monitoring the recent performance of Loandepot Inc, a leading provider of home lending solutions. In the October to December 31 2023 financial span, the company reported a significant surge in revenue by 29.653% to $264.09 million compared to the same period last year. This achievement has surpassed industry contemporaries, as the Miscellaneous Financial Services sector reported a 14.67% revenue rise in the same period. Despite the impressive revenue growth, Loandepot Inc has reported a net deficit of $-59.770 million for this quarter and a per share loss of $-0.14. However, the company has managed to reduce its shortfall per share from the prior fiscal year to $-0.63.
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Sphere 3d Corp
Sphere 3D Corp Reports Surge in Revenue, but Continues to Struggle with Deficit In the recent year-end report released on December 31, 2023, Sphere 3D Corp, a leading Miscellaneous Financial Services company, announced a significant increase in revenue. The company reported a surge of 26.543% to $7.69 million compared to the same reporting season a year ago. However, despite the growth in revenue, Sphere 3D Corp also revealed an increased deficit per share at $-0.72 per share. This sequential increase in deficit from $-0.50 per share and the substantial revenue surge of 34.347% from $5.72 million have raised concerns among investors. Sphere 3D Corp reported a net deficit of $-8.771 million for the financial time-frame ending December 31, 2023. This is a significant improvement from the deficit of $-192.912 million in the corresponding reporting season a year ago. Moreover, the company indicated a shortfall of $-23.33 million and a revenue projection of $21.91 million for the financial period of 2023.
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Core Scientific Inc
Core Scientific Inc, a leading player in the miscellaneous financial services industry, recently released its financial results for the October to December 31, 2023 period. The company showed significant improvement as it reached break-even of $0.00 per share, compared to a loss of $0.63 per share during the same period last year and a loss of $0.11 per share in the preceding reporting season. Furthermore, Core Scientific Inc reported a net deficit of $0.000 million during this period, a substantial improvement from a deficit of $434.847 million in the comparable reporting season a year ago. This shows that the company has been able to control its expenses and reduce its losses significantly.
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Per Share |
Current |
Earnings (TTM) |
1.81 $ |
Revenues (TTM) |
7.45 $
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Cash Flow (TTM) |
0.79 $ |
Cash |
3.25 $
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Book Value |
8.52 $
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Dividend (TTM) |
0.45 $ |
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Per Share |
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Earnings (TTM) |
1.81 $
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Revenues (TTM) |
7.45 $ |
Cash Flow (TTM) |
0.79 $ |
Cash |
3.25 $
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Book Value |
8.52 $ |
Dividend (TTM) |
0.45 $ |
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