QIFU TECHNOLOGY, INC. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.74 USD | -0.74% |
|
+6.46% | +31.23% |
| Apr. 03 | Qifu Technology Launches $350 Million Share Buyback Plan | MT |
| Mar. 20 | Asian Equities Traded in the US as American Depositary Receipts Higher in Wednesday Trading | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 10,294 | 11,702 | 22,512 | 19,799 | 18,129 | 23,429 | - | - |
| Enterprise Value (EV) 1 | 10,294 | 7,470 | 16,793 | 12,726 | 18,129 | 39,642 | 26,802 | 43,963 |
| P/E ratio | - | 3.37 x | 4.05 x | 5.62 x | 4.31 x | 5.01 x | 4.36 x | 3.76 x |
| Yield | - | - | 2.35% | 3.57% | - | 5.75% | 6.46% | 7.26% |
| Capitalization / Revenue | 1.12 x | 0.86 x | 1.35 x | 1.2 x | 1.11 x | 1.41 x | 1.3 x | 1.22 x |
| EV / Revenue | 1.12 x | 0.55 x | 1.01 x | 0.77 x | 1.11 x | 2.38 x | 1.49 x | 2.29 x |
| EV / EBITDA | - | - | 2.45 x | - | - | 7.12 x | 4.19 x | 5.91 x |
| EV / FCF | - | 1.41 x | 2.91 x | - | - | 12.6 x | 13.2 x | 13.9 x |
| FCF Yield | - | 71.1% | 34.3% | - | - | 7.94% | 7.57% | 7.17% |
| Price to Book | 2.77 x | 1.24 x | 1.49 x | 1.2 x | - | 0.93 x | 0.8 x | 0.69 x |
| Nbr of stocks (in thousands) | 151,354 | 152,112 | 154,560 | 140,991 | 161,465 | 155,254 | - | - |
| Reference price 2 | 68.02 | 76.93 | 145.7 | 140.4 | 112.3 | 150.9 | 150.9 | 150.9 |
| Announcement Date | 3/30/20 | 3/15/21 | 3/10/22 | 3/9/23 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,220 | 13,564 | 16,636 | 16,554 | 16,290 | 16,671 | 18,035 | 19,169 |
| EBITDA 1 | - | - | 6,852 | - | - | 5,570 | 6,397 | 7,441 |
| EBIT 1 | 3,144 | 4,091 | 7,040 | 4,672 | 4,857 | 5,454 | 6,302 | 7,199 |
| Operating Margin | 34.1% | 30.16% | 42.32% | 28.22% | 29.82% | 32.72% | 34.94% | 37.56% |
| Earnings before Tax (EBT) 1 | 2,967 | 4,082 | 7,023 | 4,742 | 5,277 | 5,746 | 6,485 | 7,208 |
| Net income 1 | 2,502 | 3,497 | 5,782 | 4,024 | 4,285 | 4,737 | 5,333 | 5,918 |
| Net margin | 27.13% | 25.78% | 34.76% | 24.31% | 26.31% | 28.41% | 29.57% | 30.87% |
| EPS 2 | - | 22.80 | 35.98 | 25.00 | 26.08 | 30.10 | 34.62 | 40.15 |
| Free Cash Flow 1 | - | 5,311 | 5,764 | - | - | 3,149 | 2,029 | 3,153 |
| FCF margin | - | 39.15% | 34.65% | - | - | 18.89% | 11.25% | 16.45% |
| FCF Conversion (EBITDA) | - | - | 84.13% | - | - | 56.53% | 31.72% | 42.37% |
| FCF Conversion (Net income) | - | 151.88% | 99.7% | - | - | 66.48% | 38.05% | 53.28% |
| Dividend per Share 2 | - | - | 3.423 | 5.014 | - | 8.683 | 9.754 | 10.95 |
| Announcement Date | 3/30/20 | 3/15/21 | 3/10/22 | 3/9/23 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 4,613 | 4,422 | - | - | 4,144 | 3,907 | 3,599 | 3,914 | 4,281 | 4,496 | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 1,894 | - | 1,359 | 1,011 | 1,158 | 995.2 | 1,007 | 1,182 | 1,389 | 1,280 | - | - | - | - | - |
| Operating Margin | 41.05% | - | - | - | 27.95% | 25.48% | 27.98% | 30.18% | 32.44% | 28.46% | - | - | - | - | - |
| Earnings before Tax (EBT) | 1,923 | - | 1,391 | 1,155 | 1,172 | 1,025 | 1,102 | 1,366 | 1,478 | 1,331 | - | - | - | - | - |
| Net income | 1,564 | 1,323 | 1,179 | - | 992.8 | 872 | 934.1 | 1,097 | 1,142 | 1,112 | - | - | - | - | - |
| Net margin | 33.91% | 29.91% | - | - | 23.96% | 22.32% | 25.95% | 28.04% | 26.68% | 24.73% | - | - | - | - | - |
| EPS 1 | 9.740 | 8.220 | 7.360 | 6.120 | 6.180 | 5.380 | 5.640 | 6.640 | 6.940 | 6.880 | 7.770 | 8.150 | 7.950 | 7.160 | 8.430 |
| Dividend per Share | 0.8936 | - | 1.464 | 1.222 | 1.145 | 1.114 | - | 3.639 | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/10/22 | 5/24/22 | 8/18/22 | 11/13/22 | 3/9/23 | 5/18/23 | 8/21/23 | 11/16/23 | 3/12/24 | - | - | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 16,213 | 3,373 | 20,534 |
| Net Cash position 1 | - | 4,232 | 5,719 | 7,073 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 2.911 x | 0.5273 x | 2.76 x |
| Free Cash Flow 1 | - | 5,311 | 5,764 | - | - | 3,149 | 2,029 | 3,153 |
| ROE (net income / shareholders' equity) | 42.9% | 41.9% | 46.8% | 23.6% | - | 20.1% | 19.7% | 18.8% |
| ROA (Net income/ Total Assets) | 18.1% | 15.6% | 20% | 10.9% | - | 10.1% | 10.5% | 11.2% |
| Assets 1 | 13,852 | 22,371 | 28,946 | 36,924 | - | 46,984 | 50,758 | 52,646 |
| Book Value Per Share 2 | 24.60 | 62.30 | 97.90 | 117.0 | - | 163.0 | 188.0 | 219.0 |
| Cash Flow per Share 2 | - | - | 18.00 | 36.80 | - | 26.90 | 28.10 | 40.50 |
| Capex 1 | - | 15.3 | 25.3 | - | - | 148 | 229 | - |
| Capex / Sales | - | 0.11% | 0.15% | - | - | 0.89% | 1.27% | - |
| Announcement Date | 3/30/20 | 3/15/21 | 3/10/22 | 3/9/23 | 3/12/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
150.9
CNY
Average target price
165.4
CNY
Spread / Average Target
+9.57%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +32.11% | 3.24B | |
| -9.47% | 48.91B | |
| -6.92% | 30.13B | |
| +48.27% | 26.29B | |
| +26.81% | 25.41B | |
| +20.71% | 18.51B | |
| -0.53% | 12.3B | |
| +15.80% | 10.63B | |
| +11.58% | 7.69B | |
| -29.05% | 7.46B |
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