QFIN: Qifu Technology Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Qifu Technology Inc (QFIN).

OverviewDividends

$5.58B Market Cap.

As of 05/20/2025 5:00 PM ET (MRY) • Disclaimer

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%)