360 DigiTech, Inc.(QFIN) Stock Research - Grey Stern Research
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360 DigiTech, Inc. (QFIN) Stock Analysis

$35.97 (-0.58%)

QFIN Financial Performance


Use the table below to view 360 DigiTech, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $35.97 -
52 Week Low $13.71 -
52 Week High $38.69 -
Market Cap $5.7 Billion 1/1
Gross Margin 100% 1/1
Profit Margin 50% 1/1
EBITDA margin 0% 1/1
Q3 - 2024 Revenue $825.6 Million 1/1
Q3 - 2024 Earnings $415.4 Million 1/1
Q3 - 2024 Free Cash Flow $546.5 Million 1/1
Trailing 4 Quarters Revenue $3.4 Billion 1/1
Trailing 4 Quarters Earnings $1.3 Billion 1/1
Quarterly Earnings Growth 58% 1/1
Annual Earnings Growth 23% 1/1
Quarterly Revenue Growth 3% 1/1
Annual Revenue Growth 13% 1/1
Cash On Hand $988.1 Million 1/1
Short Term Debt $240.4 Million 1/1
Long Term Debt $0 1/1

360 DigiTech, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare 360 DigiTech, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 4.50 1/1
PS 7.22 1/1
PB 1.07 1/1
PC 5.73 1/1
Liabilities to Equity 1.05 1/1
ROA 0.03 1/1
ROE 0.06 1/1
Current Ratio 1.95 1/1
Quick Ratio 0.31 1/1
Long Term Debt to Equity 0.00 1/1
Debt to Equity 0.05 1/1
Burn Rate -27.75 1/1
Cash to Cap 0.17 1/1
CCR 1.32 1/1
EV to EBITDA -1.00 1/1
EV to Revenue -1.00 1/1

Company Details

360 DigiTech, Inc., through its subsidiaries, operates financial technology platform under the 360 Jietiao brand in the People's Republic of China. The company provides credit-driven services that matches borrowers with financial institution partners enabling financial institution partners to conduct customer acquisition, initial credit screening, advanced risk assessment, collection, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. It also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. The company serves consumers, and micro- and small-business owners. The company was formerly known as 360 Finance, Inc. and changed its name to 360 DigiTech, Inc. in September 2020. 360 DigiTech, Inc. was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.

CEO: Mr. Haisheng Wu

Website: https://www.360shuke.com

Address: Shanghai, SHANGHAI

Exchange: NASDAQ Global Select

Industry: Credit Services

360 DigiTech, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to 360 DigiTech, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
QFIN Income Statements
Quarter Year Revenue Earnings
Q3 2024 ¥ 3.6 Billion ¥1.8 Billion
Q2 2024 ¥ 3.4 Billion ¥1.4 Billion
Q1 2024 ¥ 3.3 Billion ¥1.2 Billion
Q4 2023 ¥ 4.5 Billion ¥1.1 Billion
Q3 2023 ¥ 3.5 Billion ¥1.1 Billion
Q2 2023 ¥ 3.2 Billion ¥1.1 Billion
Q1 2023 ¥ 2.8 Billion ¥934.1 Million
Q4 2022 ¥ 3.3 Billion ¥872.0 Million

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QFIN Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 ¥4.3 Billion ¥47.0 Billion ¥1.0 Billion ¥22.9 Billion
Q2 2024 ¥6.3 Billion ¥47.0 Billion ¥1.1 Billion ¥22.6 Billion
Q1 2024 ¥5.3 Billion ¥47.4 Billion ¥683.8 Million ¥22.1 Billion
Q4 2023 ¥4.2 Billion ¥45.8 Billion ¥901.1 Million ¥22.0 Billion
Q3 2023 ¥4.9 Billion ¥46.0 Billion ¥756.3 Million ¥21.1 Billion
Q2 2023 ¥5.3 Billion ¥43.4 Billion ¥260.0 Million ¥20.8 Billion
Q1 2023 ¥5.1 Billion ¥40.9 Billion ¥150.0 Million ¥19.6 Billion
Q4 2022 ¥7.2 Billion ¥40.3 Billion ¥150.0 Million ¥18.8 Billion

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QFIN Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 ¥2.4 Billion ¥0 -¥1.8 Billion
Q2 2024 ¥2.0 Billion ¥0 ¥215.7 Million
Q1 2024 ¥2.0 Billion ¥0 ¥597.6 Million
Q4 2023 ¥2.4 Billion ¥0 -¥446.4 Million
Q3 2023 ¥1.2 Billion ¥0 -¥309.1 Million
Q2 2023 ¥1.8 Billion ¥0 -¥430.8 Million
Q1 2023 ¥1.8 Billion ¥0 -¥1.8 Billion
Q4 2022 ¥1.8 Billion -¥25.3 Million ¥283.0 Million

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