Qifu Technology Net Income 2024

Qifu Technology Net Income

9.94 B CNY

Qifu Technology Dividend yield

0.82 %

Ticker

QFIN

ISIN

US88557W1018

WKN

A2PDLQ

In 2024, Qifu Technology's profit amounted to 9.94 B CNY, a 131.96% increase from the 4.29 B CNY profit recorded in the previous year.

The Qifu Technology Net Income history

YEARNET INCOME (undefined CNY)
2028e-
2027e-
2026e11.51
2025e11.35
2024e9.94
20234.29
20224.02
20215.78
20203.5
20192.5
2018-1.9
20170.17
2016-0.02

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.

Net Income Details

Understanding Qifu Technology's Profit Margins

The profit margins of Qifu Technology represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Qifu Technology's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Qifu Technology's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Qifu Technology's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Qifu Technology’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Qifu Technology Stock

How much profit has Qifu Technology made this year?

Qifu Technology has made 9.94 B CNY this year.

How has the profit developed compared to last year?

The profit has increased by 131.96% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Qifu Technology publish its earnings?

Qifu Technology publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Qifu Technology?

The profits of Qifu Technology are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Qifu Technology?

You can learn more about the earnings of Qifu Technology by reviewing the quarterly or annual reports or following the company presentations.

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 0.82 %. 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 0.82 %.

When does Qifu Technology pay dividends?

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

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 0.99 %.

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 5/24/2024 amounting to 0.58 CNY, you needed to have the stock in your portfolio before the ex-date on 4/12/2024.

When did Qifu Technology pay the last dividend?

The last dividend was paid out on 5/24/2024.

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.

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Andere Kennzahlen von Qifu Technology

Our stock analysis for Qifu Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Qifu Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.