Qifu's strong 4Q24 performance and industry-leading risk management highlight its solid execution amid China's soft macro backdrop, supporting our bullish stance on the stock. Trading at 5x 2026E EBITDA, Qifu could reach $52/share (21% upside) if valued like high-quality peers, implying 6x forward EBITDA or 8x forward earnings. Qifu's AI-driven operational efficiency and user acquisition improvements bolster its position as a key player in China's consumer finance sector.
Qifu Technology, Inc. (NASDAQ:QFIN ) Q4 2024 Results Conference Call March 17, 2025 7:30 AM ET Company Participants Karen Ji - Senior Director, Capital Markets Haisheng Wu - CEO Alex Xu - CFO Yan Zheng - Chief Risk Officer Conference Call Participants Richard Xu - Morgan Stanley Alex Ye - UBS Cindy Wang - China Renaissance Emma Xu - Bank of America Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Fourth Quarter and Full Year 2024 Earnings Conference Call. [Operator Instructions].
I own a handful of Chinese stocks, and one of the more obscure names is kicking off the new trading week by posting encouraging financial results. Qifu Technology (QFIN 10.95%) announced its fourth-quarter report on Monday morning.
Robust performance from Intelligence Credit Engine is expected to have improved Qifu Technology's top line in the fourth quarter of 2024.
Given the recent rally in QFIN shares, we assess its current position to determine whether to buy it or wait for a correction.
Qifu Technology, Inc. (QFIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB). But which of these two stocks offers value investors a better bang for their buck right now?
Qifu Technology's Q3 2024 performance shows strong revenue growth, a significant increase in net income, and an expanding user base, reinforcing my "Strong Buy" rating. Qifu's business model leverages AI, ML, and big data to evaluate borrowers, targeting young urban Chinese professionals, resulting in profitable and expanding market share. The stock is undervalued with a forward P/E GAAP ratio of 6.33 versus the sector median of 12.50, indicating significant growth potential.
Qifu Tech is resilient despite Qihoo 360's inclusion on the US DoD CMC list; potential sanctions on owners could impact QIFU's share price. QFIN's 3Q24 results show strong loan growth, improved asset quality, and prudent risk management, with net income well ahead of consensus. The company offers a compelling valuation at 5.5x 2025E P/E and a 12% combined buyback and dividend yield, ideal for yield-seeking investors.
Investors with an interest in Technology Services stocks have likely encountered both Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB). But which of these two stocks is more attractive to value investors?
Qifu Technology, Inc. (QFIN) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Given the recent surge in QFIN shares, we evaluate its current position to determine whether you should play it or let it go.