Qifu Technology (HKSE:03660) Allowance For Loans And Lease Losses : HK$0 Mil (As of Mar. 2024)

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What is Qifu Technology Allowance For Loans And Lease Losses?

Qifu Technology's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was HK$0 Mil.

Qifu Technology's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$-2,047 Mil) but then increased from Dec. 2023 (HK$-2,047 Mil) to Mar. 2024 (HK$0 Mil).

Qifu Technology's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (HK$-1,162 Mil) to Dec. 2022 (HK$-1,628 Mil) and declined from Dec. 2022 (HK$-1,628 Mil) to Dec. 2023 (HK$-2,047 Mil).

Qifu Technology Allowance For Loans And Lease Losses Historical Data

The historical data trend for Qifu Technology's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Qifu Technology Allowance For Loans And Lease Losses Chart

Qifu Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-391.29

-499.98

-1,161.89

-1,627.52

-2,046.93

Qifu Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-	-	-	-2,046.93	-

Qifu Technology Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Qifu Technology Allowance For Loans And Lease Losses Related Terms

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Qifu Technology (HKSE:03660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qifu Technology Inc (HKSE:03660) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

QFIN:USA

Address

No. 1217 Dongfang Road, 7th Floor Lujiazui Finance Plaza, Pudong New Area, Shanghai, CHN, 200122

Website

https://www.qifu.tech

Qifu Technology Inc is a Credit-Tech platform in China. It provides credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions, whereby it deploys its technology solutions to help financial institutions identify the diversified needs of consumers and SMEs, effectively access prospective borrowers that are creditworthy through multi-channels, enhance credit assessment on prospective borrowers, and manage credit risks and improve collection strategies and efficiency, among others.

Executives

Li Richard	2201 Interest of corporation controlled by you
Olp Capital Management Limited	2102 Investment manager
Rcwl Inc.	2201 Interest of corporation controlled by you
Shen Di Fan	2201 Interest of corporation controlled by you
Oceanlink Partners Fund, Lp	2101 Beneficial owner

Qifu Technology (HKSE:03660) Headlines

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