(QFIN) 360 Finance - Overview
Sector: Financial Services | Industry: Credit Services | Exchange: NASDAQ (USA) | Market Cap: 1.958m USD | Total Return: -55% in 12m
Avg Turnover: 14.0M
EPS Trend: 86.1%
Qual. Beats: 0
Rev. Trend: 90.1%
Qual. Beats: 0
Warnings
Extended 1w
Tailwinds
No distinct edge detected
Qfin Holdings, Inc. (formerly Qifu Technology) operates the Qifu Jietiao AI-driven credit-tech platform in China. The company functions as a financial intermediary, utilizing its proprietary intelligence credit engine to connect consumers and small-to-medium enterprises (SMEs) with institutional funding partners.
The business model utilizes a capital-light approach where the platform provides credit assessment, risk management, and loan matching services without necessarily holding the underlying loans on its own balance sheet. This structure allows the firm to scale by earning service fees from financial institutions while mitigating direct credit risk exposure.
The Chinese consumer finance sector is increasingly defined by stringent regulatory oversight regarding interest rate caps and data privacy standards for third-party fintech platforms. For a deeper analysis of these regulatory impacts and valuation metrics, consider reviewing the latest data on ValueRay. Qfin Holdings remains headquartered in Shanghai and maintains its primary focus on digital credit facilitation for the underserved micro-enterprise segment.
- Loan facilitation volume growth among small enterprises drives core revenue expansion
- Asset quality and delinquency rates determine credit loss provision requirements
- Shift toward capital-light platform services enhances long-term operating margins
- Chinese regulatory oversight of fintech lending practices impacts valuation multiples
- Interest rate fluctuations influence funding costs and institutional partner demand
| Net Income: 5.05b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 0.75 > 1.0 |
| NWC/Revenue: 63.70% < 20% (prev -16.73%; Δ 80.42% < -1%) |
| CFO/TA 0.21 > 3% & CFO 11.3b > Net Income 5.05b |
| Net Debt (-7.59b) to EBITDA (5.68b): -1.34 < 3 |
| Current Ratio: 8.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.6m) vs 12m ago -56.80% < -2% |
| Gross Margin: 73.89% > 18% (prev 0.67%; Δ 7.32k% > 0.5%) |
| Asset Turnover: 31.87% > 50% (prev 30.69%; Δ 1.18% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.21 (Total Current Assets 12.5b - Total Current Liabilities 1.41b) / Total Assets 53.9b |
| B: 0.45 (Retained Earnings 24.5b / Total Assets 53.9b) |
| C: 0.10 (EBIT TTM 5.61b / Avg Total Assets 54.8b) |
| D: 0.83 (Book Value of Equity 24.5b / Total Liabilities 29.6b) |
| Altman-Z'' = 4.39 = AA |
| DSRI: 0.87 (Receivables 2.09b/2.34b, Revenue 17.5b/17.1b) |
| GMI: 0.91 (GM 73.89% / 67.11%) |
| AQI: 1.08 (AQ_t 0.76 / AQ_t-1 0.70) |
| SGI: 1.02 (Revenue 17.5b / 17.1b) |
| TATA: -0.12 (NI 5.05b - CFO 11.3b) / TA 53.9b) |
| Beneish M = -3.27 (Cap -4..+1) = AA |
As of June 02, 2026, the stock is trading at USD 16.91 with a total of 3,611,298 shares traded.
Over the past week, the price has changed by +45.15%,
over one month by +26.29%,
over three months by +16.43% and
over the past year by -55.04%.
360 Finance has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy QFIN.
- StrongBuy: 9
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22.2 | 31.5% |
Market Cap CNY = 13.2b (1.96b USD * 6.7663 USD.CNY)
P/E Trailing = 2.826
P/E Forward = 3.2712
P/S = 0.1063
P/B = 0.5456
Revenue TTM = 17.5b CNY
EBIT TTM = 5.61b CNY
EBITDA TTM = 5.68b CNY
Long Term Debt = 1.58b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 1.41b CNY (from shortTermDebt, last quarter)
Debt = 2.86b CNY (from shortLongTermDebtTotal, last quarter) + Leases 18.4m
Net Debt = -7.59b CNY (calculated: Debt 2.86b - CCE 10.4b)
Enterprise Value = 5.66b CNY (13.2b + Debt 2.86b - CCE 10.4b)
Interest Coverage Ratio = unknown (Ebit TTM 5.61b / Interest Expense TTM 0.0)
EV/FCF = 0.56x (Enterprise Value 5.66b / FCF TTM 10.1b)
FCF Yield = 179.1% (FCF TTM 10.1b / Enterprise Value 5.66b)
FCF Margin = 58.06% (FCF TTM 10.1b / Revenue TTM 17.5b)
Net Margin = 28.91% (Net Income TTM 5.05b / Revenue TTM 17.5b)
Gross Margin = 73.89% ((Revenue TTM 17.5b - Cost of Revenue TTM 4.56b) / Revenue TTM)
Gross Margin QoQ = 75.81% (prev 78.32%)
Tobins Q-Ratio = 0.10 (Enterprise Value 5.66b / Total Assets 53.9b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.86b)
Taxrate = 22.86% (259.1m / 1.13b)
NOPAT = 4.33b (EBIT 5.61b * (1 - 22.86%))
Current Ratio = 8.88 (Total Current Assets 12.5b / Total Current Liabilities 1.41b)
Debt / Equity = 0.12 (Debt 2.86b / totalStockholderEquity, last quarter 24.3b)
Debt / EBITDA = -1.34 (Net Debt -7.59b / EBITDA 5.68b)
Debt / FCF = -0.75 (Net Debt -7.59b / FCF TTM 10.1b)
Total Stockholder Equity = 24.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.21% (Net Income 5.05b / Total Assets 53.9b)
RoE = 20.86% (Net Income TTM 5.05b / Total Stockholder Equity 24.2b)
RoCE = 21.76% (EBIT 5.61b / Capital Employed (Equity 24.2b + L.T.Debt 1.58b))
RoIC = 8.02% (NOPAT 4.33b / Invested Capital 53.9b)
WACC = 9.07% (E(13.2b)/V(16.1b) * Re(11.02%) + D(2.86b)/V(16.1b) * Rd(0.0%) * (1-Tc(0.23)))
Discount Rate = 11.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.89 | Cagr: -8.23%
[DCF] Terminal Value 73.10% ; FCFF base≈10.1b ; Y1≈10.2b ; Y5≈11.0b
[DCF] Fair Price = 1.31k (EV 152b - Net Debt -7.59b = Equity 160b / Shares 121.8m; r=9.07% [WACC]; 5y FCF grow 0.97% → 2.50% )
EPS Correlation: 86.08 | EPS CAGR: 28.80% | SUE: -0.23 | # QB: 0
Revenue Correlation: 90.09 | Revenue CAGR: 12.02% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-06-30): EPS=5.88 | Chg30d=-34.74% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=7.07 | Chg30d=-23.40% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=28.76 | Chg30d=-0.13% | Revisions=-50% | GrowthEPS=-38.5% | GrowthRev=-25.7%
EPS next Year (2027-12-31): EPS=33.89 | Chg30d=-2.26% | Revisions=-25% | GrowthEPS=+17.8% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: -50%