Qifu Technology Inc Earnings

Qifu Technology Inc’s revenue fell -7.93% since last year same period to $3583.26Mn in the Q3 2024. On a quarterly growth basis, Qifu Technology Inc has generated -13.87% fall in its revenue since last 3-months.

Qifu Technology Inc’s net profit jumped 62.17% since last year same period to $1802.86Mn in the Q3 2024. On a quarterly growth basis, Qifu Technology Inc has generated 30.59% jump in its net profits since last 3-months.

Qifu Technology Inc’s net profit margin jumped 76.14% since last year same period to 50.31% in the Q3 2024. On a quarterly growth basis, Qifu Technology Inc has generated 51.61% jump in its net profit margins since last 3-months.

Qifu Technology Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 7.94.

Qifu Technology Inc’s earning per share (EPS) estimates for the current quarter stand at 1.41 - a -80.33% fall from last quarter’s estimates.

Qifu Technology Inc’s earning per share (EPS) estimates for the current year stand at 1.41.

Qifu Technology Inc’s earning per share (EPS) jumped 69.17% since last year same period to 12.18 in the Q3 2024. This indicates that the Qifu Technology Inc has generated 69.17% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Qifu Technology Inc’s return on assets (ROA) stands at 0.11.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Qifu Technology Inc’s return on equity (ROE) stands at 0.22.

Qifu Technology Inc declared 0.6 dividend per share during the earnings announcement for Q3 2024.