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Qifu Technology (HKSE:03660) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2024)


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What is Qifu Technology Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Qifu Technology's Capital Expenditure for the three months ended in Mar. 2024 was HK$0.00 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was HK$2,127.27 Mil.

Hence, Qifu Technology's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.00.


Qifu Technology Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Qifu Technology's Capex-to-Operating-Cash-Flow 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.

* Premium members only.

Qifu Technology Capex-to-Operating-Cash-Flow Chart

Qifu Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.01 - - 0.01 0.01

Qifu Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Qifu Technology's Capex-to-Operating-Cash-Flow

For the Credit Services subindustry, Qifu Technology's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qifu Technology's Capex-to-Operating-Cash-Flow Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Qifu Technology's Capex-to-Operating-Cash-Flow falls into.



Qifu Technology Capex-to-Operating-Cash-Flow Calculation

Qifu Technology's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-92.483) / 7785.901
=0.01

Qifu Technology's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / 2127.268
=0.00

* 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.


Qifu Technology  (HKSE:03660) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Qifu Technology Capex-to-Operating-Cash-Flow Related Terms

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Qifu Technology (HKSE:03660) Business Description

Traded in Other Exchanges
Address
No. 1217 Dongfang Road, 7th Floor Lujiazui Finance Plaza, Pudong New Area, Shanghai, CHN, 200122
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

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