Qifu Technology, Inc.

Qifu Technology, Inc.verified

QFIN

Price:

$38.24

Market Cap:

$43.91B

Qifu Technology, Inc., together with its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. The company provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, 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 offers e-commerce loans, enterprise loans, and invoice loans to SME owners. It se...[Read more]

Industry

Financial - Credit Services

IPO Date

2018-12-14

Stock Exchange

NASDAQ

Ticker

QFIN

The ROE as of December 2024 (TTM) for Qifu Technology, Inc. (QFIN) is 24.42%

According to Qifu Technology, Inc.’s latest financial reports and current stock price. The company's current ROE is 24.42%. This represents a change of 301.13% compared to the average of 6.09% of the last 4 quarters.

Qifu Technology, Inc. (QFIN) Historical ROE (quarterly & annually)

How has QFIN ROE performed in the past?

The mean historical ROE of Qifu Technology, Inc. over the last ten years is 45.46%. The current 24.42% ROE has changed -46.28% with respect to the historical average. Over the past ten years (40 quarters), QFIN's ROE was at its highest in in the March 2017 quarter at 154.09%. The ROE was at its lowest in in the June 2018 quarter at -35.99%.

Quarterly (TTM)
Annual

Average

45.46%

Median

30.78%

Minimum

-41.40%

Maximum

227.72%

Qifu Technology, Inc. (QFIN) ROE by Quarter and Year

Discovering the peaks and valleys of Qifu Technology, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.04%

Maximum Annual ROE = 227.72%

Minimum Annual Increase = -164.91%

Minimum Annual ROE = -41.40%

Quarterly (TTM)
Annual
YearROEChange
202319.53%-8.51%
202221.35%-43.85%
202138.03%3.11%
202036.88%6.35%
201934.68%29.04%
201826.88%-164.91%
2017-41.40%-118.18%

Qifu Technology, Inc. (QFIN) Average ROE

How has QFIN ROE performed in the past?

The current ROE of Qifu Technology, Inc. (QFIN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

26.30%

5-year avg

30.10%

10-year avg

45.46%

Qifu Technology, Inc. (QFIN) ROE vs. Peers

How is QFIN’s ROE compared to its peers?

Qifu Technology, Inc.’s ROE is

CompanyROEMarket cap

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