360 Finance Inc - ADR

360 DigiTech, Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

360 Finance Inc reports resilient Q4 performance and eyes growth

360 Finance Inc navigated challenges in Q4 2022 to achieve positive performance and growth.
The company's strategic strengths include cost reduction, funding optimization, and regulatory compliance.
Opportunities lie in expanding user base, diversifying acquisition channels, and targeting SME segments.

360 Finance Inc reports robust Q1 performance and accelerates ABS issuance

360 Finance Inc delivered strong financial results in Q1 2023, showcasing growth in user connections, loan volume, and risk management improvements. The company's strategic initiatives to enhance customer acquisition, expand outreach, and strengthen SME borrower management position it for continued success. Opportunities lie in optimizing operations, leveraging partnerships, and advancing technological capabilities.

Qifu Technology excels in loan facilitation and user engagement strategies

Qifu Technology's Q2 2023 performance reflects strong growth in loan facilitation, user adoption, and operational efficiency, supported by strategic upgrades.
The company's strengths lie in effective growth strategies, enhanced user engagement, technology solutions progress, and shareholder value creation initiatives.
Challenges include risk management amidst growth, profitability maintenance, industry competition, and regulatory dynamics, requiring careful navigation.
Opportunities for Qifu Technology include continued user engagement enhancement, strategic partnerships, business expansion, and proactive risk management strategies.

360 Finance Inc reports solid Q3 performance amidst China's economic softening

360 Finance Inc delivered a resilient performance in Q3 2023, focusing on growth, risk management, and operational efficiency. While facing challenges in asset quality and market fluctuations, the company remains optimistic about future loan volume growth and enhancing user engagement. Strategic initiatives like the loyalty program and technology investments position 360 Finance Inc for long-term success.

360 Finance Inc reports strong Q4 earnings, eyes strategic growth

360 Finance Inc delivered robust financial performance in Q4 2023, emphasizing quality growth, operational efficiency, and strategic partnerships to drive revenue and net income growth.
While facing challenges in maintaining prudence and balancing growth with risk management, the company's optimized funding structure and asset allocation strategies position it well for future opportunities.
Strategic investments, a new share repurchase program, and a focus on customer loyalty and risk management present avenues for sustained growth and value creation in 2024.

360 Finance Inc reports robust Q1 earnings, eyes growth opportunities

360 Finance Inc delivered strong financial results in Q1 2024, showcasing growth in revenue, net income, and profitability metrics, outperforming industry peers.
The company's strategic initiatives to improve asset quality, enhance operational efficiency, and optimize risk metrics have positioned it for continued success and shareholder value creation.
While facing challenges in funding costs and market dynamics, 360 Finance Inc has opportunities to leverage its strengths in technology, asset quality, and financial management for sustained growth and performance.

Qifu Technology achieves record profitability in Q3 earnings call

Qifu Technology's Q3 performance reflects strong growth in profitability, user base, and operational efficiency.
The company's focus on technology and partnerships positions it well for future growth and innovation.
Challenges lie in maintaining profitability amidst economic uncertainties and effectively managing capital allocation.

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Qifu Technology. Inc. is a holding company, which engages in the provision of digital consumer finance platforms. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company's proprietary technology platform supports full transaction lifecycle from credit application through settlement. The company was founded on July 25, 2016 and is headquartered in Shanghai, China.

Qifu Technology, Inc. (QFIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Qifu Technology, Inc. (QFIN) Upgraded to Strong Buy: Here's What You Should Know

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QFIN's Q4 2023 top line exceeded the consensus estimate by +6%, and the company has guided for a +20% YoY growth in its bottom line for Q1 2024. Qifu Technology has announced a new $350 million share repurchase program that will be in effect for a year beginning in April 2024. There is the potential for QFIN to command a higher P/E multiple, considering its above-expectations fourth quarter revenue and its aggressive capital return initiatives.

Qifu Technology: Turning Bullish On Revenue Beat And New Buyback Plan (Rating Upgrade)

Qifu Technology, Inc. (QFIN) Q4 2023 Earnings Call Transcript

Full Year 2023 Total Facilitation and Origination Loan Volume *1 of RMB475.8 Billion Full Year 2023 Net Income of RMB4.3 Billion and Non-GAAP * 2 Net Income of RMB4.5 Billion Estimated US$170 Million Cash Dividends for Full Year 2023 * 3 and Approximately US$132 Million Aggregate Value of ADSs Repurchased * 4 Since the Launch of the Share Repurchase Plan in June 2023 Announce A New US$350 Million Share Repurchase Plan and Reaffirm Existing Semi-Annual Dividend Policy

Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase Plan

SHANGHAI, China, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, after U.S. markets close on Tuesday, March 12, 2024.

Qifu Technology to Announce Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 12, 2024

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Qifu Technology Inc. (NASDAQ:QFIN ) Q3 2023 Earnings Conference Call November 16, 2023 7:30 PM ET Company Participants Wu Haisheng - CEO & Director Alex Xu - CFO & Director Yan Zheng - Chief Risk Officer Conference Call Participants Richard Xu - Morgan Stanley Alex Ye - UBS Emma Xu - Bank of America Securities Cindy Wang - China Renaissance Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please also note today's event is being recorded.

Qifu Technology Inc. (QFIN) Q3 2023 Earnings Call Transcript

SHANGHAI, China, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Qifu Technology Announces Third Quarter 2023 Unaudited Financial Results

SHANGHAI, China, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, after U.S. markets close on Thursday, November 16, 2023.

Qifu Technology to Announce Third Quarter 2023 Unaudited Financial Results on November 16, 2023

Qifu Technology is a Chinese Credit-Tech firm that provides digital lending services to consumers and SMEs. Q2 2023 results showed a decline in revenue but an increase in net income, leading to a restrained stock market response. The company's long-term growth outlook is positive, with projections for the Chinese consumer credit tech market to grow.

Qifu Technology: China Could Surprise Us

Qifu Technology Inc. (NASDAQ:QFIN ) Q2 2023 Results Conference Call August 21, 2023 8:00 PM ET Company Participants Wu Haisheng - CEO & Director Alex Xu - CFO & Director Yan Zheng - Chief Risk Officer Conference Call Participants Alex Ye - UBS Frank Zheng - Credit Suisse Emma Xu - Bank of America Securities Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Second Quarter 2023 Earnings Conference Call. [Operator Instructions] At this time, I'd like to turn the conference call over to Ms.

Qifu Technology Inc. (QFIN) Q2 2023 Earnings Call Transcript

SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023, and declared semi-annual dividend.

Qifu Technology Announces Second Quarter and Interim 2023 Unaudited Financial Results and Declares Semi-Annual Dividend

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SHANGHAI, China, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, after U.S. markets close on Monday, August 21, 2023.

Qifu Technology to Announce Second Quarter 2023 Unaudited Financial Results on August 21, 2023

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SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that as part of the Company's continuous commitment to enhance shareholder value, its board of directors has approved a share repurchase plan, under which the Company may repurchase up to US$150 million worth of its American depositary shares or Class A ordinary shares over the next 12 months starting from June 20, 2023.

Qifu Technology Announces US$150 Million Share Repurchase Plan

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Qifu Technology, Inc. (NASDAQ:QFIN ) Q1 2023 Earnings Conference Call May 18, 2023 8:30 PM ET Company Participants Wu Haisheng - CEO & Director Alex Xu - CFO & Director Conference Call Participants Frank Zheng - Crédit Suisse Alex Ye - UBS Ran Xu - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by, and welcome to Qifu Technology's First Quarter 2023 Earnings Conference Call. [Operator Instructions].

News for 360 Finance Inc - ADR Stock (QFIN)