Qifu Technology Liabilities 2024

Qifu Technology Aktienanalyse

What does Qifu Technology do?

360 DigiTech Inc is a leading digital fintech company founded in China in 2016. The company offers a variety of financial products and services based on high-tech and big data analytics. The business model of 360 DigiTech Inc is based on digitizing and simplifying traditional financial services in innovative ways. Through the use of big data technology and artificial intelligence, the company provides fast, accurate, and effective financial services. The vision of 360 DigiTech is to become a leading global digital financial platform tailored to the needs of consumers and businesses. 360 DigiTech has multiple business areas, including online lending, leasing, credit cards, and payment services. The company also offers investment-related products and services. Its customers are mainly individuals and small and medium-sized enterprises seeking quick and effective solutions to their financial needs. In the lending field, 360 DigiTech Inc offers its loans through online lending platforms 360 Loan Center and 360 Finance. The company utilizes big data and AI technologies to optimize credit risks and debt management, enabling fast processing times. The leasing area encompasses a variety of products such as hire purchase, lease leasing, and operational leasing. The leasing products are tailored to a wide range of consumers and businesses looking for flexible and innovative financing solutions. 360 DigiTech also offers credit cards provided through partnerships with leading card issuers such as China UnionPay. The credit cards from 360 DigiTech are specifically designed for consumers looking for a simple and convenient way to pay for their purchases, as well as for businesses seeking an easy and effective financing option. Furthermore, 360 DigiTech operates in payment services. The company offers mobile payments and digital wallets that allow customers to conveniently manage their finances from a single location. In addition to these main business areas, 360 DigiTech also offers investment-related products and services. One of these services is Wealth Management, which is a digital asset management system. Wealth Management provides customers with a convenient way to manage and monitor their investments online. Overall, 360 DigiTech Inc has developed an innovative and successful business model based on the use of big data and AI technologies. The company offers a wide range of financial products and services that meet the needs of its customers. The goal of the company is to provide its customers with a fast, accurate, and effective solution to their financial needs and become a leading digital financial platform. Qifu Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Qifu Technology's Liabilities

Qifu Technology's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Qifu Technology's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Qifu Technology's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Qifu Technology's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Qifu Technology’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Qifu Technology stock

What is the level of liabilities of Qifu Technology this year?

Qifu Technology has a debt balance of 23.88 B CNY this year.

What were the liabilities of Qifu Technology compared to the previous year?

The liabilities of Qifu Technology have increased by 11.1% increased compared to the previous year.

What are the consequences of high debt for investors of Qifu Technology?

High liabilities can pose a risk for investors of Qifu Technology, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Qifu Technology?

Low liabilities mean that Qifu Technology has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Qifu Technology affect the company?

An increase in liabilities of Qifu Technology can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Qifu Technology affect the company?

A decrease in the liabilities of Qifu Technology can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Qifu Technology?

Some factors that can influence the liabilities of Qifu Technology include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Qifu Technology so important for investors?

The liabilities of Qifu Technology are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Qifu Technology take to modify the liabilities?

To change its liabilities, Qifu Technology can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Qifu Technology pay?

Over the past 12 months, Qifu Technology paid a dividend of 1.16 CNY . This corresponds to a dividend yield of about 0.49 %. For the coming 12 months, Qifu Technology is expected to pay a dividend of 1.4 CNY.

What is the dividend yield of Qifu Technology?

The current dividend yield of Qifu Technology is 0.49 %.

When does Qifu Technology pay dividends?

Qifu Technology pays a quarterly dividend. This is distributed in the months of May, October, May, October.

How secure is the dividend of Qifu Technology?

Qifu Technology paid dividends every year for the past 0 years.

What is the dividend of Qifu Technology?

For the upcoming 12 months, dividends amounting to 1.4 CNY are expected. This corresponds to a dividend yield of 0.59 %.

In which sector is Qifu Technology located?

Qifu Technology is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Qifu Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Qifu Technology from 11/1/2024 amounting to 0.6 CNY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Qifu Technology pay the last dividend?

The last dividend was paid out on 11/1/2024.

What was the dividend of Qifu Technology in the year 2023?

In the year 2023, Qifu Technology distributed 0.82 CNY as dividends.

In which currency does Qifu Technology pay out the dividend?

The dividends of Qifu Technology are distributed in CNY.