Qifu Technology (Qifu Technology) Net Loan : $3,852 Mil (As of Dec. 2023)

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What is Qifu Technology Net Loan?

Qifu Technology's quarterly net loan increased from Jun. 2023 ($3,395 Mil) to Sep. 2023 ($3,609 Mil) and increased from Sep. 2023 ($3,609 Mil) to Dec. 2023 ($3,852 Mil).

Qifu Technology's annual net loan increased from Dec. 2021 ($1,995 Mil) to Dec. 2022 ($3,609 Mil) and increased from Dec. 2022 ($3,609 Mil) to Dec. 2023 ($3,852 Mil).

Qifu Technology Net Loan Historical Data

The historical data trend for Qifu Technology's Net Loan 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 Loan Chart

Qifu Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Loan

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1,310.94

1,146.58

1,994.54

2,651.38

3,851.78

Qifu Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Loan	Get a 7-Day Free Trial															2,651.38	3,102.12	3,394.78	3,609.34	3,851.78

Qifu Technology Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Qifu Technology (Qifu Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qifu Technology Inc (NAS:QFIN) » Definitions » Net Loan

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Traded in Other Exchanges

03660:Hong Kong

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.