Metrics

The numbers behind Qfin Holdings, Inc.: as-reported financial statements and company metrics for FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in RMB thousands (¥000) unless noted.

Reading notes: All figures are consolidated, in thousands of Renminbi (RMB) exactly as printed in the Form 20-F statements (the filings also print a USD convenience column for the latest year only, which is not used here). The company reports in RMB (CNY); the structured data feed (data/financials/.json, source yfinance:QFIN) is mislabeled 'USD' but its values are RMB. The tab uses the filings' RMB figures. Earnings per share are stated per ADS (1 ADS = 2 ordinary shares), as printed in each statement's 'Net income per ADS' line; share counts are the weighted-average diluted ORDINARY shares as printed. Entity was named 360 DigiTech, Inc. (FY2021 20-F), then Qifu Technology, Inc. (FY2022–FY2023 20-Fs), now Qfin Holdings, Inc. (FY2025 20-F); statement structure is continuous across the name changes.*

Share Price — Available History Since January 2026

The stock closed at $13.38 on Jul 27, 2026 — down 16% over the window shown, trading between $11.65 and $16.91.

Source: market price feed, daily closes, Jan 2026–Jul 2026 — the feed marks this available history as partial. Price return only, excludes dividends.

FY2025 at a Glance

Source: FY2025 consolidated statements [1] [2]. Click any linked figure to open the filing page with the row highlighted.

Total Net Revenue by Service Line

Total Net Revenue by Service Line	FY2021	FY2022	FY2023	FY2024	FY2025
Credit driven services	10,189,167	11,586,251	11,738,560	11,719,027	13,977,218
Loan facilitation and servicing fees-capital heavy	2,326,027	2,086,414	1,667,119	1,016,514	1,604,903
Financing income	2,184,128	3,487,951	5,109,921	6,636,511	8,569,063
Revenue from releasing of guarantee liabilities	5,583,135	5,899,153	4,745,898	3,695,017	3,412,952
Other services fees (credit-driven)	95,877	112,733	215,622	370,985	390,300
Platform services	6,446,478	4,967,679	4,551,467	5,446,629	5,227,841
Loan facilitation and servicing fees-capital light	5,677,941	4,124,726	3,213,955	2,116,797	1,162,563
Referral services fees	620,317	561,372	950,016	2,842,637	2,738,786
Other services fees (platform)	148,220	281,581	387,496	487,195	1,326,492
Total net revenue	16,635,645	16,553,930	16,290,027	17,165,656	19,205,059
Total net revenue growth, derived	—	-0.5%	-1.6%	+5.4%	+11.9%

Source: Consolidated Statements of Operations (revenue disaggregation), Form 20-F [1] [2]. Click any linked figure to open the filing page with the row highlighted.

Income Statement

Source: Consolidated Statements of Operations, Form 20-F [1] [2]. Click any linked figure to open the filing page with the row highlighted.

Columns marked E are consensus analyst estimates from S&P Capital IQ (CapIQ), shown alongside reported results for direct comparison; they are not company guidance.

Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-27. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Consensus revenue sits well below the as-reported line for the last actual year — analysts often model a narrower revenue basis (e.g. net of interest or pass-through costs), so compare trends, not levels. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.

Balance Sheet

Balance Sheet	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and cash equivalents	6,116,360	7,165,584	4,177,890	4,452,416	4,696,817
Restricted cash	2,643,587	3,346,779	3,381,107	2,353,384	2,844,101
Short term investments	0	57,000	15,000	3,394,073	2,852,254
Loans receivable, net (current)	9,844,481	15,347,662	24,604,487	26,714,428	34,680,954
Total current assets	27,757,223	34,097,466	39,796,028	42,780,568	49,481,458
Total assets	33,504,995	40,343,170	45,818,572	48,132,618	56,949,795
Short term loans	397,576	150,000	798,586	1,369,939	1,202,891
Total liabilities	18,288,386	21,411,873	23,808,715	23,886,399	32,792,752
Total equity	15,216,609	18,931,297	22,009,857	24,246,219	24,157,043

Source: Consolidated Balance Sheets, Form 20-F [3] [4] [5]. Click any linked figure to open the filing page with the row highlighted.

Cash Flow

Cash Flow	FY2021	FY2022	FY2023	FY2024	FY2025
Net cash provided by operating activities	5,789,700	5,922,515	7,118,350	9,343,311	11,083,748
Purchase of property, equipment and intangible assets	(25,307)	(26,973)	(84,554)	(153,150)	(240,542)
Net cash used in investing activities	(6,064,328)	(7,355,975)	(11,147,789)	(7,994,081)	(13,082,044)
Stock repurchase	0	0	(636,179)	(2,973,192)	(4,848,116)
Dividend to shareholders	0	(988,586)	(941,705)	(1,262,935)	(1,378,103)
Net cash provided by (used in) financing activities	2,263,720	3,204,068	1,066,458	(2,114,463)	2,783,865
Net (decrease) increase in cash and cash equivalents	1,985,681	1,752,416	(2,953,366)	(753,197)	735,118
Free cash flow, derived	5,764,393	5,895,542	7,033,796	9,190,161	10,843,206

Source: Consolidated Statements of Cash Flows, Form 20-F [6] [7]. Click any linked figure to open the filing page with the row highlighted.

Long-Term Record

Fiscal year	Total net revenue	Income from operations	Net income	Diluted earnings per ADS	Net cash provided by operating activities
FY2019	9,219,847	2,893,591	2,501,304	16.62	2,973,075
FY2020	13,563,954	3,790,158	3,495,709	22.80	5,325,810
FY2021	16,635,645	6,786,199	5,764,513	35.98	5,789,700
FY2022	16,553,930	4,472,184	4,005,568	25.00	5,922,515
FY2023	16,290,027	4,856,964	4,268,577	26.08	7,118,350
FY2024	17,165,656	7,528,570	6,248,116	41.28	9,343,311
FY2025	19,205,059	6,678,419	5,975,643	44.02	11,083,748

Source: consolidated statements across filings; older years from the standardized feed [6] [1] [2] [8]. Click any linked figure to open the filing page with the row highlighted.

Analyst Consensus

Street ratings: 7 strong buy, 4 buy, 2 hold. Consensus: Buy.

Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-27. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Consensus revenue sits well below the as-reported line for the last actual year — analysts often model a narrower revenue basis (e.g. net of interest or pass-through costs), so compare trends, not levels. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.

Traceability

242 of 265 figures on this page (91%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.

• All figures are consolidated, in thousands of Renminbi (RMB) exactly as printed in the Form 20-F statements (the filings also print a USD convenience column for the latest year only, which is not used here).

• The company reports in RMB (CNY); the structured data feed (data/financials/*.json, source yfinance:QFIN) is mislabeled 'USD' but its values are RMB. The tab uses the filings' RMB figures.

• Earnings per share are stated per ADS (1 ADS = 2 ordinary shares), as printed in each statement's 'Net income per ADS' line; share counts are the weighted-average diluted ORDINARY shares as printed.

• Entity was named 360 DigiTech, Inc. (FY2021 20-F), then Qifu Technology, Inc. (FY2022–FY2023 20-Fs), now Qfin Holdings, Inc. (FY2025 20-F); statement structure is continuous across the name changes.

• FY2021–FY2022 columns are cited from the FY2023 Form 20-F; FY2023–FY2025 from the FY2025 Form 20-F; FY2019–FY2020 (long-term record) from the FY2021 Form 20-F. Balance-sheet FY2021 is cited from the FY2022 Form 20-F.

• Operating KPIs are disclosed but omitted from this statements-scale tab to avoid unit mixing: total loan facilitation and origination volume was RMB369.1bn / RMB322.0bn / RMB327.1bn in 2023/2024/2025, with total outstanding platform loan balance of RMB126.0bn at Dec 31, 2025 (FY2025 20-F).

• Stock repurchase and dividends began in 2022–2023 (nil in FY2021); those nil cells are shown as 0 without a citation.

• Quarterly block shows single-quarter income statements as printed in each quarter's unaudited results press release (Q1 FY2025 through Q1 FY2026); Q1–Q4 FY2025 single quarters sum to the FY2025 audited totals.

• 2 figure(s) differed between the data feed and the filing; the filing value is shown (see the run's metrics/metrics_tab.json for the audit trail).