(QFIN) 360 Finance - NASDAQ
Sector: Financial Services | Industry: Credit Services | Exchange: NASDAQ (USA) | Market Cap: 1.852m USD | Total Return: -63.9% in 12m
Avg Turnover: 26.5M
EPS Trend: 86.1%
Qual. Beats: 0
Rev. Trend: 90.1%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
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: -55.67% < 20% (prev -16.73%; Δ -38.94% < -1%) |
| CFO/TA 0.21 > 3% & CFO 11.3b > Net Income 5.05b |
| Net Debt (-4.34b) to EBITDA (5.68b): -0.76 < 3 |
| Current Ratio: 0.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.6m) vs 12m ago -56.80% < -2% |
| Gross Margin: 73.89% > 18% (prev 67.11%; Δ 6.78% > 0.5%) |
| Asset Turnover: 31.81% > 50% (prev 30.69%; Δ 1.12% > 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 5.61b / Avg Total Assets 54.9b) |
| D: 0.82 (Book Value of Equity 24.3b / Total Liabilities 29.7b) |
| Altman-Z'' = 1.84 = BBB |
| DSRI: 0.30 (Receivables 723.6m/2.34b, Revenue 17.5b/17.1b) |
| GMI: 0.91 (GM 67.11% / 73.89%) |
| AQI: 1.11 (AQ_t 0.78 / AQ_t-1 0.70) |
| SGI: 1.02 (Revenue 17.5b / 17.1b) |
| TATA: -0.12 (NI 5.05b - CFO 11.3b) / TA 54.1b) |
| Beneish M = -3.61 (Cap -4..+1) = AAA |
As of June 26, 2026, the stock is trading at USD 15.01 with a total of 916,782 shares traded. Over the past week, the price has changed by -0.13%, over one month by +19.22%, over three months by +21.23% and over the past year by -63.86%.
Current recommended Stop Loss: 13.40 (which is 10.7% or 2.2 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 | 21.9 | 45.6% |
Market Cap CNY = 12.6b (1.85b USD * 6.7982 USD.CNY)
P/E Trailing = 2.6637
P/E Forward = 3.2712
P/S = 0.1005
P/B = 0.5138
Revenue TTM = 17.5b CNY
EBIT TTM = 5.61b CNY
EBITDA TTM = 5.68b 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 = 8.25b CNY (12.6b + Debt 2.21b - CCE 6.55b)
Interest Coverage Ratio = unknown (Ebit TTM 5.61b / Interest Expense TTM 0.0)
EV/FCF = 0.81x (Enterprise Value 8.25b / FCF TTM 10.1b)
FCF Yield = 122.9% (FCF TTM 10.1b / Enterprise Value 8.25b)
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 = 0.15 (Enterprise Value 8.25b / Total Assets 54.1b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.21b)
Taxrate = 19.67% (1.23b / 6.27b)
NOPAT = 4.50b (EBIT 5.61b * (1 - 19.67%))
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 5.68b)
Debt / FCF = -0.43 (Net Debt -4.34b / FCF TTM 10.1b)
Total Stockholder Equity = 24.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.20% (Net Income 5.05b / Total Assets 54.1b)
RoE = 20.88% (Net Income TTM 5.05b / Total Stockholder Equity 24.2b)
RoCE = 22.48% (EBIT 5.61b / Capital Employed (Equity 24.2b + L.T.Debt 772.0m))
RoIC = 13.47% (NOPAT 4.50b / Invested Capital 33.4b)
WACC = 9.20% (E(12.6b)/V(14.8b) * Re(10.81%) + D(2.21b)/V(14.8b) * Rd(0.0%) * (1-Tc(0.20)))
Discount Rate = 10.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -34.86%
[DCF] Terminal Value 72.66% ; FCFF base≈10.1b ; Y1≈10.2b ; Y5≈11.0b
[DCF] Fair Price = 1.26k (EV 149b - Net Debt -4.34b = Equity 154b / Shares 121.8m; r=9.20% [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=29.38 | Chg30d=+2.00% | Revisions=+14% | GrowthEPS=-37.2% | GrowthRev=-23.8%
EPS next Year (2027-12-31): EPS=32.94 | Chg30d=-5.01% | Revisions=-25% | GrowthEPS=+12.1% | GrowthRev=+0.9%
[Analyst] Revisions Ratio: -25%