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Qifu Technology (Qifu Technology) FCF Margin % : 60.43% (As of Dec. 2023)


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What is Qifu Technology FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Qifu Technology's Free Cash Flow for the three months ended in Dec. 2023 was $329 Mil. Qifu Technology's Revenue for the three months ended in Dec. 2023 was $545 Mil. Therefore, Qifu Technology's FCF Margin % for the quarter that ended in Dec. 2023 was 60.43%.

As of today, Qifu Technology's current FCF Yield % is 32.93%.

The historical rank and industry rank for Qifu Technology's FCF Margin % or its related term are showing as below:

QFIN' s FCF Margin % Range Over the Past 10 Years
Min: -18.05   Med: 41.34   Max: 53.27
Current: 53.27


During the past 8 years, the highest FCF Margin % of Qifu Technology was 53.27%. The lowest was -18.05%. And the median was 41.34%.

QFIN's FCF Margin % is ranked better than
78.97% of 523 companies
in the Credit Services industry
Industry Median: -4.66 vs QFIN: 53.27


Qifu Technology FCF Margin % Historical Data

The historical data trend for Qifu Technology's FCF Margin % 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 FCF Margin % Chart

Qifu Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial 41.34 45.55 40.36 42.27 52.47

Qifu Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Margin % 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 50.59 62.31 54.99 35.71 60.43

Competitive Comparison of Qifu Technology's FCF Margin %

For the Credit Services subindustry, Qifu Technology's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Qifu Technology's FCF Margin % falls into.



Qifu Technology FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Qifu Technology's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=985.098/1877.42
=52.47 %

Qifu Technology's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=329.373/545.077
=60.43 %

* 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 FCF Margin % Related Terms

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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.

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