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Qifu Technology (QFIN) AI Stock Analysis
Qifu Technology
(NASDAQ:QFIN)
The score is held back primarily by very weak technicals (broad downtrend and bearish momentum) and a cautious earnings outlook with guidance for sharply lower near-term profitability amid funding and credit-risk pressure. These are partially offset by still-solid underlying financial quality (profitability and low leverage despite TTM deceleration) and extremely cheap valuation with a very high dividend yield.
Qifu Technology (QFIN) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $673.06M
- Dividend Yield
- 23.98%
- Average Volume (3M)
- 2.28M
- Price to Earnings (P/E)
- 0.8
- Beta (1Y)
- 1.18
- Revenue Growth
- -7.92%
- EPS Growth
- -41.54%
- Country
- US
- Employees
- 3,557
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Credit Services
Qifu Technology Business Overview & Revenue Model
Company Description
Qifu Technology, Inc. (QFIN), known as 360 DigiTech, Inc. until its rebranding in March 2023, is a credit technology firm based in the People's Republic of China. Through its 360 Jietiao platform, the company facilitates credit-driven services by con...
How the Company Makes Money
Qifu Technology primarily generates revenue by enabling and supporting loan origination and related lifecycle services for partner financial institutions (e.g., banks and other licensed lenders). Its key revenue streams generally include: (1) Loan fa...
Qifu Technology Earnings Call Summary
The call presents a mixed picture: Q2 showed operational resilience with improved short-term risk metrics, funding mix optimization (including a 90% sequential increase in ABS issuance), strong growth in the tech solutions business (loan volume +515% YoY) and continued AI and overseas progress. However, an industry liquidity shock in late June, escalating regulatory actions (particularly against collection practices), materially weaker revenue and profit (non-GAAP net profit down sharply year-over-year), elevated provisioning (new provision ratio at a historical high of 5.36%), a one-off tax expense (~RMB 500M) and renewed risk deterioration in August create significant near-term headwinds. Management is prioritizing risk control, cost discipline and capital preservation, and expects subdued origination and higher funding costs in H2. On balance, the near-term negatives (sizeable revenue/profit declines and renewed risk/funding pressure) outweigh the positive strategic progress and Q2 operational improvements.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management guided Q3 non‑GAAP net income of RMB 400–500 million (down ~67–73% YoY), warning of continued tight funding and higher funding costs after ~25 bps increases in July–August; they expect C‑M2 (0.66% in Q2) to rise noticeably (August projected ~+25% sequential) after FPD3/FPD7 surged ~20% MoM. They will maintain a prudent provisioning stance (Q2 new provisions ~RMB 1.72bn; new provision booking ratio 5.36%; provision coverage 472%) and build buffers, with leverage expected to hover around 2.1x and cash & short‑term investments of ~RMB 10.63bn (cash from operations RMB 1.09bn in Q2). Other metrics: Q2 loan facilitation/origination ~RMB 63.4bn (‑2.5% QoQ; July ~‑10%, July+August ~‑15%), average IRR 18.2% (vs 18.7% in Q1), ABS issuance RMB 5.5bn (+90% QoQ, issuance costs ‑20 bps), sales & marketing ‑13% QoQ (new users 830k vs 1.19m in Q1), and an H1 dividend of USD 0.46 per ADS (~30% payout); management expects 2–3 quarters of elevated volatility and will prioritize risk control, cost cutting and disciplined capital allocation.
Qifu Technology Financial Statement Overview
Summary
Overall fundamentals remain solid with strong historical profitability and a conservatively financed balance sheet (low debt-to-equity and attractive ROE). However, the latest TTM shows weakening momentum: revenue contraction, a meaningful step-down in net margin versus 2024–2025, and softer free-cash-flow growth with less consistent cash conversion.
Income Statement
78PositiveBalance Sheet
84Very PositiveCash Flow
73Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.08B | 16.08B | 17.17B | 16.29B | 16.55B | 16.64B |
| Gross Profit | 9.77B | 11.90B | 10.60B | 10.45B | 11.70B | 12.84B |
| EBITDA | 5.68B | 7.44B | 8.08B | 7.98B | 8.92B | 9.93B |
| Net Income | 3.74B | 5.99B | 6.26B | 4.29B | 4.02B | 5.78B |
Balance Sheet | ||||||
| Total Assets | 53.11B | 56.95B | 48.13B | 45.82B | 40.34B | 33.50B |
| Cash, Cash Equivalents and Short-Term Investments | 10.38B | 7.55B | 7.85B | 4.19B | 7.22B | 6.12B |
| Total Debt | 2.95B | 3.82B | 1.40B | 827.73M | 180.70M | 423.36M |
| Total Liabilities | 28.32B | 32.79B | 23.89B | 23.81B | 21.41B | 18.29B |
| Stockholders Equity | 24.76B | 24.11B | 24.19B | 21.94B | 18.85B | 15.20B |
Cash Flow | ||||||
| Free Cash Flow | 5.68B | 10.84B | 9.19B | 7.03B | 5.90B | 5.76B |
| Operating Cash Flow | 8.76B | 11.08B | 9.34B | 7.12B | 5.92B | 5.79B |
| Investing Cash Flow | -1.61B | -13.08B | -7.99B | -11.15B | -7.36B | -6.06B |
| Financing Cash Flow | -7.57B | 2.78B | -2.11B | 1.07B | 3.20B | 2.26B |
Qifu Technology Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QFIN, the sentiment is Negative. The current price of 5.17 is below the 20-day moving average (MA) of 5.73, below the 50-day MA of 7.21, and below the 200-day MA of 11.63, indicating a bearish trend. The MACD of -0.59 indicates Negative momentum. The RSI at 25.28 is Positive, neither overbought nor oversold. The STOCH value of 22.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QFIN.
Qifu Technology Risk Analysis
Qifu Technology disclosed 88 risk factors in its most recent earnings report. Qifu Technology reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksQifu Technology Peers Comparison
Overall Rating
XYF76Outperform
LX71Outperform
JFIN69.1Neutral- QFIN62Neutral
FINV59Neutral
YRD43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| XYF | 76Outperform | $186.05M | 0.37 | 7.19% | 11.76% | -23.31% | -63.32% |
| LX | 71Outperform | $102.34M | 0.66 | 8.64% | 62.83% | -4.17% | -34.34% |
| JFIN | 69Neutral | $84.77M | 2.30 | 5.34% | ― | -35.90% | -85.27% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| QFIN | 62Neutral | $639.56M | 0.76 | 15.36% | 23.98% | -7.92% | -41.54% |
| FINV | 59Neutral | $688.51M | 2.43 | 4.56% | 10.81% | -1.89% | -26.81% |
| YRD | 43Neutral | $36.26M | -0.16 | -16.95% | 48.18% | -27.36% | -220.29% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| QFIN | Qifu Technology, Inc | 5.17 | -15.92 | -75.49% | |
| YRD | Yiren Digital Ltd. Sponsored Adr | 0.41 | -5.14 | -92.54% | |
| FINV | Finvolution Group | 2.83 | -3.00 | -51.42% | |
| LX | Lexinfintech | 0.61 | -3.75 | -86.04% | |
| XYF | X Financial | 4.76 | -6.56 | -57.95% | |
| JFIN | Jiayin Group | 1.62 | -7.76 | -82.73% |
Qifu Technology Corporate Events
Qfin Holdings Posts Lower Q2 2026 Earnings but Strengthens Risk Metrics Amid Industry Turmoil
On August 25, 2026, Qfin Holdings reported unaudited results for the second quarter and first half of 2026 and declared a semi-annual dividend, underscoring resilience amid industry contraction, tighter regulation and a late-June liquidity shock. As...
Qifu Technology Sets Late-August Board Meeting to Approve Q2 and Interim 2026 Results
Qfin Holdings, Inc. announced that its board of directors will meet on August 25, 2026, in Beijing/Hong Kong time to approve unaudited financial results for the second quarter and first half ended June 30, 2026. At the same meeting, the board will al...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 13, 2026