QFIN: Qifu Technology Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Qifu Technology Inc (QFIN).
$5.58B Market Cap.
QFIN Market Cap. (MRY)
QFIN Shares Outstanding (MRY)
QFIN Assets (MRY)
Total Assets
$48.13B
Total Liabilities
$23.89B
Total Investments
$32.82B
QFIN Income (MRY)
Revenue
$17.17B
Net Income
$6.26B
Operating Expense
$6.15B
QFIN Cash Flow (MRY)
CF Operations
$9.34B
CF Investing
-$7.99B
CF Financing
-$2.11B
QFIN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $48,132,618,000 (5.05%) | $45,818,572,000 (13.57%) | $40,343,170,000 (20.41%) | $33,504,995,000 (37.39%) |
Assets Current | $42,780,568,000 (7.50%) | $39,796,028,000 (16.71%) | $34,097,466,000 (22.84%) | $27,757,223,000 (26.88%) |
Assets Non-Current | $5,352,050,000 (-11.13%) | $6,022,544,000 (-3.57%) | $6,245,704,000 (8.66%) | $5,747,772,000 (128.88%) |
Goodwill & Intangible Assets | $1,010,970,000 (-2.05%) | $1,032,114,000 (2.91%) | $1,002,881,000 (-2.05%) | $1,023,869,000 (29987.25%) |
Shareholders Equity | $24,190,043,000 (10.27%) | $21,937,483,000 (16.40%) | $18,847,156,000 (23.96%) | $15,203,863,000 (60.37%) |
Property Plant & Equipment Net | $362,774,000 (56.89%) | $231,221,000 (385.74%) | $47,602,000 (90.86%) | $24,941,000 (28.83%) |
Cash & Equivalents | $6,805,800,000 (-9.96%) | $7,558,997,000 (-28.09%) | $10,512,363,000 (20.00%) | $8,759,947,000 (29.31%) |
Accumulated Other Comprehensive Income | $0 (0%) | -$34,657,000 (33.06%) | -$51,775,000 (53.33%) | -$110,932,000 (-49.12%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $32,817,029,000 (7.12%) | $30,636,365,000 (37.92%) | $22,212,575,000 (29.84%) | $17,108,038,000 (44.99%) |
Investments Current | $30,108,501,000 (10.93%) | $27,142,030,000 (47.62%) | $18,386,738,000 (34.69%) | $13,650,724,000 (23.36%) |
Investments Non-Current | $2,708,528,000 (-22.49%) | $3,494,335,000 (-8.66%) | $3,825,837,000 (10.66%) | $3,457,314,000 (371.66%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $4,266,247,000 (-8.44%) | $4,659,659,000 (8.65%) | $4,288,725,000 (23.46%) | $3,473,879,000 (22.58%) |
Trade & Non-Trade Payables | $13,908,054,000 (11.05%) | $12,524,091,000 (17.92%) | $10,621,120,000 (68.19%) | $6,315,115,000 (37.69%) |
Accumulated Retained Earnings (Deficit) | $20,952,340,000 (28.56%) | $16,297,316,000 (27.29%) | $12,803,684,000 (32.78%) | $9,642,506,000 (133.05%) |
Tax Assets | $1,206,325,000 (12.98%) | $1,067,738,000 (4.77%) | $1,019,171,000 (22.10%) | $834,717,000 (-40.32%) |
Tax Liabilities | $1,589,283,000 (40.61%) | $1,130,285,000 (19.70%) | $944,248,000 (-4.32%) | $986,907,000 (-35.06%) |
Total Debt | $1,369,939,000 (71.55%) | $798,586,000 (432.39%) | $150,000,000 (-62.27%) | $397,576,000 (112.84%) |
Debt Current | $1,369,939,000 (71.55%) | $798,586,000 (432.39%) | $150,000,000 (-62.27%) | $397,576,000 (112.84%) |
Debt Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Liabilities | $23,886,399,000 (0.33%) | $23,808,715,000 (11.19%) | $21,411,873,000 (17.08%) | $18,288,386,000 (22.69%) |
Liabilities Current | $17,472,209,000 (-12.20%) | $19,899,619,000 (18.80%) | $16,749,918,000 (18.43%) | $14,143,186,000 (5.67%) |
Liabilities Non-Current | $6,414,190,000 (64.08%) | $3,909,096,000 (-16.15%) | $4,661,955,000 (12.47%) | $4,145,200,000 (172.40%) |
QFIN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $17,165,656,000 (5.38%) | $16,290,027,000 (-1.59%) | $16,553,930,000 (-0.49%) | $16,635,645,000 (22.65%) |
Cost of Revenue | $3,491,639,000 (5.64%) | $3,305,357,000 (14.85%) | $2,877,906,000 (11.13%) | $2,589,583,000 (17.91%) |
Selling General & Administrative Expense | $2,175,382,000 (-7.86%) | $2,360,961,000 (-9.88%) | $2,619,742,000 (-1.05%) | $2,647,669,000 (72.44%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $6,145,447,000 (-24.39%) | $8,127,706,000 (-11.69%) | $9,203,840,000 (26.78%) | $7,259,863,000 (-4.19%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $1,644,306,000 (62.98%) | $1,008,874,000 (36.93%) | $736,804,000 (-41.44%) | $1,258,196,000 (114.70%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $6,248,116,000 (46.37%) | $4,268,577,000 (6.57%) | $4,005,568,000 (-30.51%) | $5,764,513,000 (64.90%) |
Net Income to Non-Controlling Interests | -$16,198,000 (3.35%) | -$16,759,000 (9.92%) | -$18,605,000 (-8.09%) | -$17,212,000 (-1818.84%) |
Net Income | $6,264,314,000 (46.18%) | $4,285,336,000 (6.49%) | $4,024,173,000 (-30.40%) | $5,781,725,000 (65.35%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $6,264,314,000 (46.18%) | $4,285,336,000 (6.49%) | $4,024,173,000 (-30.40%) | $5,781,725,000 (65.35%) |
Weighted Average Shares | $298,012,150 (-7.09%) | $320,749,805 (2.61%) | $312,589,273 (1.73%) | $307,265,600 (3.03%) |
Weighted Average Shares Diluted | $298,012,150 (-7.09%) | $320,749,805 (2.61%) | $312,589,273 (1.73%) | $307,265,600 (3.03%) |
Earning Before Interest & Taxes (EBIT) | $7,908,620,000 (49.38%) | $5,294,210,000 (11.20%) | $4,760,977,000 (-32.37%) | $7,039,921,000 (72.44%) |
Gross Profit | $13,674,017,000 (5.31%) | $12,984,670,000 (-5.06%) | $13,676,024,000 (-2.63%) | $14,046,062,000 (23.56%) |
Operating Income | $7,528,570,000 (55.01%) | $4,856,964,000 (8.60%) | $4,472,184,000 (-34.10%) | $6,786,199,000 (79.05%) |
QFIN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$7,994,081,000 (28.29%) | -$11,147,789,000 (-51.55%) | -$7,355,975,000 (-21.30%) | -$6,064,328,000 (-779.27%) |
Net Cash Flow from Financing | -$2,114,463,000 (-298.27%) | $1,066,458,000 (-66.72%) | $3,204,068,000 (41.54%) | $2,263,720,000 (168.97%) |
Net Cash Flow from Operations | $9,343,311,000 (31.26%) | $7,118,350,000 (20.19%) | $5,922,515,000 (2.29%) | $5,789,700,000 (8.71%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$753,197,000 (74.50%) | -$2,953,366,000 (-268.53%) | $1,752,416,000 (-11.75%) | $1,985,681,000 (-32.42%) |
Net Cash Flow - Business Acquisitions and Disposals | -$20,373,000 (56.73%) | -$47,084,000 (-707.20%) | -$5,833,000 (88.66%) | -$51,458,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$7,820,558,000 (29.01%) | -$11,016,151,000 (-50.43%) | -$7,323,169,000 (-22.31%) | -$5,987,563,000 (-759.39%) |
Capital Expenditure | -$153,150,000 (-81.13%) | -$84,554,000 (-213.48%) | -$26,973,000 (-6.58%) | -$25,307,000 (-65.71%) |
Issuance (Repayment) of Debt Securities | $728,195,000 (0.95%) | $721,353,000 (288.79%) | -$382,099,000 (-365.89%) | $143,705,000 (1188.67%) |
Issuance (Purchase) of Equity Shares | -$2,973,192,000 (-367.35%) | -$636,179,000 (-349.56%) | $254,916,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$1,262,935,000 (-34.11%) | -$941,705,000 (4.74%) | -$988,586,000 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $12,036,000 (25.18%) | $9,615,000 (152.85%) | -$18,192,000 (-433.33%) | -$3,411,000 (-252.55%) |
Share Based Compensation | $167,613,000 (-9.69%) | $185,604,000 (-7.08%) | $199,737,000 (-21.34%) | $253,922,000 (-15.69%) |
Depreciation Amortization & Accretion | $74,894,000 (1.53%) | $73,762,000 (-4.18%) | $76,983,000 (16.69%) | $65,973,000 (82.94%) |
QFIN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 79.70% (0.00%) | 79.70% (-3.51%) | 82.60% (-2.13%) | 84.40% (0.72%) |
Profit Margin | 36.50% (38.78%) | 26.30% (8.23%) | 24.30% (-30.17%) | 34.80% (34.88%) |
EBITDA Margin | 46.50% (40.91%) | 33.00% (13.01%) | 29.20% (-31.62%) | 42.70% (40.46%) |
Return on Average Equity (ROAE) | 27.30% (33.17%) | 20.50% (-10.87%) | 23.00% (-47.61%) | 43.90% (-3.30%) |
Return on Average Assets (ROAA) | 13.20% (36.08%) | 9.70% (-7.62%) | 10.50% (-45.88%) | 19.40% (31.97%) |
Return on Sales (ROS) | 46.10% (41.85%) | 32.50% (12.85%) | 28.80% (-31.91%) | 42.30% (40.53%) |
Return on Invested Capital (ROIC) | 35.40% (13.83%) | 31.10% (-25.95%) | 42.00% (-50.00%) | 84.00% (-14.46%) |
Dividend Yield | 3.10% (-26.19%) | 4.20% (5.00%) | 4.00% (233.33%) | 1.20% (0%) |
Price to Earnings Ratio (P/E) | 6.66 (58.74%) | 4.2 (-23.85%) | 5.51 (41.40%) | 3.9 (18.51%) |
Price to Sales Ratio (P/S) | 2.43 (120.29%) | 1.1 (-17.61%) | 1.34 (-1.11%) | 1.35 (59.79%) |
Price to Book Ratio (P/B) | 1.68 (105.24%) | 0.82 (-30.27%) | 1.18 (-20.91%) | 1.49 (21.79%) |
Debt to Equity Ratio (D/E) | 0.99 (-9.03%) | 1.08 (-4.49%) | 1.14 (-5.57%) | 1.2 (-23.47%) |
Earnings Per Share (EPS) | 42.04 (57.34%) | 26.72 (3.81%) | 25.74 (-31.62%) | 37.64 (60.58%) |
Sales Per Share (SPS) | 15.78 (10.16%) | 14.33 (-5.73%) | 15.2 (-10.18%) | 16.92 (21.64%) |
Free Cash Flow Per Share (FCFPS) | 61.68 (40.63%) | 43.86 (16.27%) | 37.72 (0.53%) | 37.52 (5.35%) |
Book Value Per Share (BVPS) | 162.34 (18.68%) | 136.79 (13.44%) | 120.59 (21.85%) | 98.96 (55.65%) |
Tangible Assets Book Value Per Share (TABVPS) | 316.24 (13.24%) | 279.26 (10.95%) | 251.71 (19.05%) | 211.42 (29.29%) |
Enterprise Value Over EBIT (EV/EBIT) | 4 (100.00%) | 2 (-33.33%) | 3 (50.00%) | 2 (100.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 4.4 (115.27%) | 2.04 (-23.22%) | 2.66 (15.95%) | 2.29 (105.09%) |
Asset Turnover | 0.36 (-2.16%) | 0.37 (-13.95%) | 0.43 (-22.94%) | 0.56 (-1.93%) |
Current Ratio | 2.45 (22.40%) | 2 (-1.77%) | 2.04 (3.72%) | 1.96 (20.13%) |
Dividends | $1.18 (78.79%) | $0.66 (-19.51%) | $0.82 (192.86%) | $0.28 (0%) |
Free Cash Flow (FCF) | $9,190,161,000 (30.66%) | $7,033,796,000 (19.31%) | $5,895,542,000 (2.28%) | $5,764,393,000 (8.55%) |
Enterprise Value (EV) | $4,809,781,874 (210.88%) | $1,547,127,958 (-16.25%) | $1,847,321,376 (-27.49%) | $2,547,811,099 (261.41%) |
Earnings Before Tax (EBT) | $7,908,620,000 (49.38%) | $5,294,210,000 (11.20%) | $4,760,977,000 (-32.37%) | $7,039,921,000 (72.44%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $7,983,514,000 (48.72%) | $5,367,972,000 (10.96%) | $4,837,960,000 (-31.92%) | $7,105,894,000 (72.53%) |
Invested Capital | $24,213,578,000 (33.58%) | $18,126,428,000 (48.24%) | $12,228,008,000 (22.58%) | $9,975,569,000 (126.10%) |
Working Capital | $25,308,359,000 (27.20%) | $19,896,409,000 (14.69%) | $17,347,548,000 (27.42%) | $13,614,037,000 (60.32%) |
Tangible Asset Value | $47,121,648,000 (5.21%) | $44,786,458,000 (13.84%) | $39,340,289,000 (21.12%) | $32,481,126,000 (33.21%) |
Market Capitalization | $5,576,651,190 (119.77%) | $2,537,444,898 (-20.23%) | $3,181,057,954 (-9.95%) | $3,532,488,912 (99.63%) |
Average Equity | $22,917,766,500 (9.85%) | $20,861,987,000 (19.31%) | $17,484,827,000 (32.71%) | $13,175,294,000 (71.18%) |
Average Assets | $47,382,675,000 (7.60%) | $44,034,780,250 (14.51%) | $38,455,343,000 (28.97%) | $29,817,701,500 (24.98%) |
Invested Capital Average | $22,338,731,500 (31.09%) | $17,040,217,000 (50.36%) | $11,333,077,250 (35.16%) | $8,384,878,500 (101.78%) |
Shares | 290,601,938 (-9.41%) | 320,789,494 (2.66%) | 312,481,135 (1.42%) | 308,110,677 (2.64%) |
