QFIN Stock Analysis: 360 Finance | NASDAQ
Credit Services | NASDAQ, USA | Market Cap: 1.586m USD | 12M Return: -59.9% | US88557W1018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.3M
EPS Trend: 86.3%
Qual. Beats: 0
Rev. Trend: 90.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 7.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Qfin Holdings, Inc. (NASDAQ: QFIN) operates an AI-driven credit technology platform under the Qifu Jietiao brand in China, connecting borrowers with financial institutions through credit assessment, fund matching, and post-loan services. The company also provides platform-based, capital-light services-including technology solutions and referral offerings-to its financial institution partners.
Founded in 2016 and headquartered in Shanghai, the company serves financial institutions, consumers, and small and micro-enterprises. It was formerly known as 360 Finance, Inc., and rebranded to Qfin Holdings in 2025 following its earlier name change to Qifu Technology. As a consumer finance company within the financials sector, Qfin generates revenue primarily through technology-enabled services rather than holding credit risk directly on its own balance sheet, a model common among Chinese online credit-tech platforms.
- Loan origination volume growth drives total revenue expansion
- Capital-light model transition lifts take rate and margins
- China fintech regulation tightens lending rate caps and compliance costs
| Net Income: 5.05b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 0.68 > 1.0 |
| NWC/Revenue: -55.59% < 20% (prev -16.73%; Δ -38.86% < -1%) |
| CFO/TA 0.19 > 3% & CFO 10.3b > Net Income 5.05b |
| Net Debt (-4.34b) to EBITDA (5.73b): -0.76 < 3 |
| Current Ratio: 0.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (142.6m) vs 12m ago 0.0% < -2% |
| Gross Margin: 73.92% > 18% (prev 67.11%; Δ 6.81% > 0.5%) |
| Asset Turnover: 31.85% > 50% (prev 30.69%; Δ 1.16% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: -0.18 (Total Current Assets 11.5b - Total Current Liabilities 21.2b) / Total Assets 54.1b |
| B: 0.45 (Retained Earnings 24.5b / Total Assets 54.1b) |
| C: 0.10 (EBIT TTM 5.66b / Avg Total Assets 54.9b) |
| D: 0.82 (Book Value of Equity 24.3b / Total Liabilities 29.7b) |
| Altman-Z'' = 1.85 = BBB |
| DSRI: 0.30 (Receivables 723.6m/2.34b, Revenue 17.5b/17.1b) |
| GMI: 0.91 (GM 67.11% / 73.92%) |
| AQI: 1.11 (AQ_t 0.78 / AQ_t-1 0.70) |
| SGI: 1.02 (Revenue 17.5b / 17.1b) |
| TATA: -0.10 (NI 5.05b - CFO 10.3b) / TA 54.1b) |
| Beneish M = -3.61 (Cap -4..+1) = AAA |
As of August 14, 2026, the stock is trading at USD 12.57 with a total of 1,944,194 shares traded. Over the past week, the price has changed by -4.34%, over one month by -1.80%, over three months by -4.27% and over the past year by -59.89%.
Current recommended Stop Loss: 11.90 (which is 5.3% or 1.3 ATR below the current price).
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 | 74.6% |
Market Cap CNY = 10.7b (1.59b USD * 6.7453 USD.CNY)
P/E Trailing = 2.3185
P/E Forward = 3.2712
P/S = 0.0846
P/B = 0.4393
Revenue TTM = 17.5b CNY
EBIT TTM = 5.66b CNY
EBITDA TTM = 5.73b CNY
Long Term Debt = 772.0m CNY (from longTermDebt, last quarter)
Short Term Debt = 1.42b CNY (from shortTermDebt, last quarter)
Debt = 2.21b CNY (from shortLongTermDebtTotal, last quarter) + Leases 18.4m
Net Debt = -4.34b CNY (calculated: Debt 2.21b - CCE 6.55b)
Enterprise Value = 6.36b CNY (10.7b + Debt 2.21b - CCE 6.55b)
Interest Coverage Ratio = unknown (Ebit TTM 5.66b / Interest Expense TTM 0.0)
EV/FCF = 0.63x (Enterprise Value 6.36b / FCF TTM 10.1b)
FCF Yield = 159.3% (FCF TTM 10.1b / Enterprise Value 6.36b)
FCF Margin = 57.98% (FCF TTM 10.1b / Revenue TTM 17.5b)
Net Margin = 28.90% (Net Income TTM 5.05b / Revenue TTM 17.5b)
Gross Margin = 73.92% ((Revenue TTM 17.5b - Cost of Revenue TTM 4.56b) / Revenue TTM)
Gross Margin QoQ = 75.96% (prev 78.32%)
Tobins Q-Ratio = 0.12 (Enterprise Value 6.36b / Total Assets 54.1b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.21b)
Taxrate = 19.68% (1.24b / 6.28b)
NOPAT = 4.54b (EBIT 5.66b * (1 - 19.68%))
Current Ratio = 0.54 (Total Current Assets 11.5b / Total Current Liabilities 21.2b)
Debt / Equity = 0.09 (Debt 2.21b / totalStockholderEquity, last quarter 24.3b)
Debt / EBITDA = -0.76 (Net Debt -4.34b / EBITDA 5.73b)
Debt / FCF = -0.43 (Net Debt -4.34b / FCF TTM 10.1b)
Total Stockholder Equity = 24.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.21% (Net Income 5.05b / Total Assets 54.1b)
RoE = 20.90% (Net Income TTM 5.05b / Total Stockholder Equity 24.2b)
RoCE = 22.68% (EBIT 5.66b / Capital Employed (Equity 24.2b + L.T.Debt 772.0m))
RoIC = 13.59% (NOPAT 4.54b / Invested Capital 33.4b)
WACC = 7.86% (E(10.7b)/V(12.9b) * Re(9.48%) + D(2.21b)/V(12.9b) * Rd(0.0%) * (1-Tc(0.20)))
Discount Rate = 9.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -72.39 | Cagr: -5.42%
[DCF] Terminal Value 75.57% ; FCFF base≈10.1b ; Y1≈10.2b ; Y5≈11.0b
[DCF] Fair Price = 1.44k (EV 171b - Net Debt -4.34b = Equity 175b / Shares 121.8m; r=8.35% [WACC [floored]]; 5y FCF grow 0.97% → 2.50% )
EPS Correlation: 86.33 | EPS CAGR: 29.37% | SUE: 0.33 | # QB: 0
Revenue Correlation: 90.18 | Revenue CAGR: 12.04% | SUE: -0.05 | # QB: 0
EPS current Quarter (2026-06-30): EPS=7.07 | Chg30d=+20.24% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=7.12 | Chg30d=+0.71% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=29.38 | Chg30d=+1.77% | Revisions=+29% | GrowthEPS=-37.2% | GrowthRev=-24.6%
EPS next Year (2027-12-31): EPS=31.89 | Chg30d=-2.15% | Revisions=-12% | GrowthEPS=+8.5% | GrowthRev=-0.5%
[Analyst] Revisions Ratio: +21% (up=7, down=4)