Qfin NASDAQ: QFIN reported lower first-quarter 2026 revenue and profit as management described continued pressure across China's consumer credit market, but said recent risk-control measures are beginning to show results.
Qfin Holdings Inc. - Sponsored ADR (QFIN) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.74 per share a year ago.
Qfin Holdings Inc. - Sponsored ADR (QFIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 100 | $2,878 | $1,287.19 | -$1,590.81 | -55.27% |
| YA Yinka Akinsola Blue Trust Inc. | 46 | $1,323.88 | $590.87 | -$733.01 | -55.37% |
Joseph Castro Nuveen LLC | 70,700 | $2.91M | $914,858 | -$2M | -68.6% |
Brian Baylis Bell Investment Advisors Inc. | 243 | $3,391.05 | $3,137.47 | -$253.58 | -7.48% |
| RF Rekah Franca Catalyst Funds Management Pty Ltd. | 28,300 | $446,761 | $365,392.62 | -$81,368.38 | -18.21% |
| IT Services Industry | Information Technology Sector | Haisheng Wu CEO | NASDAQ (NGS) Exchange | 88557W101 CUSIP |
| CN Country | 3,557 Employees | 20 Apr 2026 Last Dividend | - Last Split | 14 Dec 2018 IPO Date |
Qifu Technology, Inc., operating through its subsidiaries, is recognized for its credit-tech platform, branded as 360 Jietiao, within the People's Republic of China. Originating from its former name, 360 DigiTech, Inc., the company transitioned to Qifu Technology, Inc. in March 2023. Established in 2016 and positioned in Shanghai, Qifu Technology focuses on offering credit-driven facilities that seamlessly connect borrowers with various financial institutions, catering primarily to financial institutions, consumers, and small- to micro-enterprises across the region.
The spectrum of offerings from Qifu Technology, Inc. revolves around facilitating credit availability and financial inclusion through innovative solutions:
This entails a comprehensive process of identifying potential borrowers and conducting initial and credit screenings to determine their creditworthiness. This helps in effectively matching borrowers with the appropriate financial institutions.
Through the use of an intelligence credit engine, Qifu Technology performs sophisticated risk assessments and credit evaluations to ensure the reliability and accountability of the borrowing process.
Qifu Technology excels in pairing borrowers' needs with the right financial products and continues to provide support through various post-facilitation services, ensuring a seamless loan cycle.
Including loan facilitation and post-loan services, these are delivered to financial institution partners underpinned by the company’s intelligence credit engine. This encompasses referral services and a risk management software-as-a-service (SaaS) solution, enabling institutions to manage loan portfolios effectively and mitigate potential risks.
Qifu Technology provides a diverse range of loan products catered to small and medium-sized enterprise (SME) owners. This variety ensures that various financing needs, from e-commerce operations to enterprise expansions and invoice financing, are met effectively and efficiently.