GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qifu Technology Inc (NAS:QFIN) » Definitions » 3-Year FCF Growth Rate

Qifu Technology (Qifu Technology) 3-Year FCF Growth Rate : 4.20% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Qifu Technology 3-Year FCF Growth Rate?

Qifu Technology's Free Cash Flow per Share for the three months ended in Dec. 2023 was $2.04.

During the past 12 months, Qifu Technology's average Free Cash Flow per Share Growth Rate was 14.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 4.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 55.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 8 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Qifu Technology was 142.30% per year. The lowest was 4.20% per year. And the median was 23.40% per year.


Competitive Comparison of Qifu Technology's 3-Year FCF Growth Rate

For the Credit Services subindustry, Qifu Technology's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Qifu Technology's 3-Year FCF Growth Rate falls into.



Qifu Technology 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Qifu Technology  (NAS:QFIN) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Qifu Technology 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Qifu Technology's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Qifu Technology (Qifu Technology) 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.