QFIN Stock Analysis: 360 Finance | NASDAQ
Credit Services | NASDAQ, USA | Market Cap: 1.040m USD | 12M Return: -67.4% | US88557W1018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 25.3M
EPS Trend: 42.9%
Qual. Beats: 0
Rev. Trend: 69.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
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: 3.74b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 2.28 > 1.0 |
| NWC/Revenue: -57.75% < 20% (prev 78.23%; Δ -136.0% < -1%) |
| CFO/TA 0.19 > 3% & CFO 10.3b > Net Income 3.74b |
| Net Debt (-7.42b) to EBITDA (5.17b): -1.44 < 3 |
| Current Ratio: 0.56 > 1.5 & < 3 |
| Outstanding Shares: last quarter (142.6m) vs 12m ago -11.67% < -2% |
| Gross Margin: 60.77% > 18% (prev 72.55%; Δ -11.79% > 0.5%) |
| Asset Turnover: 28.50% > 50% (prev 28.85%; Δ -0.36% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: -0.17 (Total Current Assets 11.9b - Total Current Liabilities 21.2b) / Total Assets 53.1b |
| B: 0.46 (Retained Earnings 24.5b / Total Assets 53.1b) |
| C: 0.09 (EBIT TTM 5.10b / Avg Total Assets 56.4b) |
| D: 0.87 (Book Value of Equity 24.8b / Total Liabilities 28.3b) |
| Altman-Z'' = 1.88 = BBB |
| DSRI: 0.11 (Receivables 482.9m/4.54b, Revenue 16.1b/17.2b) |
| GMI: 1.19 (GM 72.55% / 60.77%) |
| AQI: 1.03 (AQ_t 0.76 / AQ_t-1 0.74) |
| SGI: 0.93 (Revenue 16.1b / 17.2b) |
| TATA: -0.12 (NI 3.74b - CFO 10.3b) / TA 53.1b) |
| Beneish M = -3.62 (Cap -4..+1) = AAA |
As of September 04, 2026, the stock is trading at USD 8.72 with a total of 2,256,122 shares traded. Over the past week, the price has changed by -4.91%, over one month by -37.09%, over three months by -42.63% and over the past year by -67.44%.
Current recommended Stop Loss: 8.00 (which is 8.3% 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 | 15 | 72.4% |
Market Cap CNY = 6.98b (1.04b USD * 6.7186 USD.CNY)
P/E Trailing = 1.9213
P/E Forward = 3.2712
P/S = 0.062
P/B = 0.2768
Revenue TTM = 16.1b CNY
EBIT TTM = 5.10b CNY
EBITDA TTM = 5.17b CNY
Long Term Debt = 1.58b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 2.18b CNY (from shortTermDebt, last quarter)
Debt = 2.96b CNY (from shortLongTermDebtTotal, last quarter) + Leases 18.4m
Net Debt = -7.42b CNY (calculated: Debt 2.96b - CCE 10.4b)
Enterprise Value = 6.98b CNY (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = unknown (Ebit TTM 5.10b / Interest Expense TTM 0.0)
EV/FCF = 0.69x (Enterprise Value 6.98b / FCF TTM 10.1b)
FCF Yield = 145.1% (FCF TTM 10.1b / Enterprise Value 6.98b)
FCF Margin = 63.03% (FCF TTM 10.1b / Revenue TTM 16.1b)
Net Margin = 23.26% (Net Income TTM 3.74b / Revenue TTM 16.1b)
Gross Margin = 60.77% ((Revenue TTM 16.1b - Cost of Revenue TTM 6.31b) / Revenue TTM)
Gross Margin QoQ = 77.43% (prev 44.04%)
Tobins Q-Ratio = 0.13 (Enterprise Value 6.98b / Total Assets 53.1b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.96b)
Taxrate = 28.49% (1.49b / 5.21b)
NOPAT = 3.65b (EBIT 5.10b * (1 - 28.49%))
Current Ratio = 0.56 (Total Current Assets 11.9b / Total Current Liabilities 21.2b)
Debt / Equity = 0.12 (Debt 2.96b / totalStockholderEquity, last quarter 24.8b)
Debt / EBITDA = -1.44 (Net Debt -7.42b / EBITDA 5.17b)
Debt / FCF = -0.73 (Net Debt -7.42b / FCF TTM 10.1b)
Total Stockholder Equity = 24.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.63% (Net Income 3.74b / Total Assets 53.1b)
RoE = 15.36% (Net Income TTM 3.74b / Total Stockholder Equity 24.3b)
RoCE = 19.66% (EBIT 5.10b / Capital Employed (Equity 24.3b + L.T.Debt 1.58b))
RoIC = 6.97% (NOPAT 3.65b / Invested Capital 52.3b)
WACC = 6.80% (E(6.98b)/V(9.95b) * Re(9.69%) + D(2.96b)/V(9.95b) * Rd(0.0%) * (1-Tc(0.28)))
Discount Rate = 9.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.00 | Cagr: -4.84%
[DCF] Terminal Value 75.57% ; FCFF base≈10.1b ; Y1≈10.2b ; Y5≈11.0b
[DCF] Fair Price = 1.47k (EV 171b - Net Debt -7.42b = Equity 178b / Shares 121.6m; r=8.35% [WACC [floored]]; 5y FCF grow 0.97% → 2.50% )
EPS Correlation: 42.86 | EPS CAGR: 8.93% | SUE: -0.21 | # QB: 0
Revenue Correlation: 69.07 | Revenue CAGR: 6.43% | SUE: -0.09 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.41 | Chg30d=-52.11% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=17.55 | Chg30d=-40.28% | Revisions=+29% | GrowthEPS=-62.5% | GrowthRev=-31.7%
EPS next Year (2027-12-31): EPS=22.36 | Chg30d=-29.89% | Revisions=-12% | GrowthEPS=+27.4% | GrowthRev=-8.1%
[Analyst] Revisions Ratio: +15% (up=6, down=4)