Qifu Technology (HKSE:03660) Net Interest Income (for Banks) : HK$6,282 Mil (As of Mar. 2024)

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What is Qifu Technology Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Qifu Technology's net interest income for the three months ended in Mar. 2024 was HK$1,722 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was HK$6,282 Mil.

Qifu Technology's quarterly net interest income increased from Sep. 2023 (HK$1,523 Mil) to Dec. 2023 (HK$1,676 Mil) and increased from Dec. 2023 (HK$1,676 Mil) to Mar. 2024 (HK$1,722 Mil).

Qifu Technology's annual net interest income increased from Dec. 2021 (HK$2,829 Mil) to Dec. 2022 (HK$4,099 Mil) and increased from Dec. 2022 (HK$4,099 Mil) to Dec. 2023 (HK$5,827 Mil).

Qifu Technology Net Interest Income (for Banks) Historical Data

The historical data trend for Qifu Technology's Net Interest Income (for Banks) 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 Net Interest Income (for Banks) Chart

Qifu Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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1,410.87

2,680.68

2,828.99

4,098.62

5,826.81

Qifu Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															1,287.81	1,361.31	1,522.78	1,676.12	1,721.84

Qifu Technology Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$6,282 Mil.

Qifu Technology (HKSE:03660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qifu Technology Inc (HKSE:03660) » Definitions » Net Interest Income (for Banks)

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

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