360 Finance Inc
Qfin Holdings, Inc., together with its subsidiaries, operate AI- driven credit-tech platform under the Qifu Jietiao brand in the People's Republic of China. The company provides credit-driven services that match borrowers with financial institutions to conduct borrower acquisition, credit assessment, fund matching, and post-facilitation services; and platform services, including loan facilitation… Read more
360 Finance Inc (QFIN) - Net Assets
Latest net assets as of September 2025: $24.30 Billion USD
Based on the latest financial reports, 360 Finance Inc (QFIN) has net assets worth $24.30 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.45 Billion) and total liabilities ($37.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.30 Billion |
| % of Total Assets | 39.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | 155.73% |
| 10-Year Change | N/A |
| Growth Volatility | 165.76 |
360 Finance Inc - Net Assets Trend (2016–2024)
This chart illustrates how 360 Finance Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 360 Finance Inc (2016–2024)
The table below shows the annual net assets of 360 Finance Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.25 Billion | +10.16% |
| 2023-12-31 | $22.01 Billion | +16.26% |
| 2022-12-31 | $18.93 Billion | +24.41% |
| 2021-12-31 | $15.22 Billion | +60.49% |
| 2020-12-31 | $9.48 Billion | +31.41% |
| 2019-12-31 | $7.21 Billion | +62.49% |
| 2018-12-31 | $4.44 Billion | +504.81% |
| 2017-12-31 | $734.15 Million | +3462.57% |
| 2016-12-31 | $-21.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 360 Finance Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2097417300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $20.95 Billion | 86.62% |
| Common Stock | $21.00K | 0.00% |
| Other Comprehensive Income | $11.88 Million | 0.05% |
| Other Components | $3.23 Billion | 13.34% |
| Total Equity | $24.19 Billion | 100.00% |
360 Finance Inc Competitors by Market Cap
The table below lists competitors of 360 Finance Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transwarp Technology (Shanghai) Co. Ltd. A
SHG:688031
|
$2.34 Billion |
|
MONETA MONEY BANK KC 20
F:MM0
|
$2.34 Billion |
|
Ringcentral Inc
NYSE:RNG
|
$2.34 Billion |
|
Hawaiian Electric Industries Inc
NYSE:HE
|
$2.34 Billion |
|
Hangzhou First PV Material Co Ltd
SHG:603806
|
$2.34 Billion |
|
Bank Millennium S.A.
WAR:MIL
|
$2.33 Billion |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
$2.33 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
$2.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 360 Finance Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,937,483,000 to 24,190,043,000, a change of 2,252,560,000 (10.3%).
- Net income of 6,264,314,000 contributed positively to equity growth.
- Dividend payments of 1,262,935,000 reduced retained earnings.
- Share repurchases of 2,973,192,000 reduced equity.
- Other comprehensive income increased equity by 46,534,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.26 Billion | +25.9% |
| Dividends Paid | $1.26 Billion | -5.22% |
| Share Repurchases | $2.97 Billion | -12.29% |
| Other Comprehensive Income | $46.53 Million | +0.19% |
| Other Changes | $177.84 Million | +0.74% |
| Total Change | $- | 10.27% |
Book Value vs Market Value Analysis
This analysis compares 360 Finance Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.09x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $-0.22 | $14.43 | x |
| 2017-12-31 | $7.39 | $14.43 | x |
| 2018-12-31 | $43.80 | $14.43 | x |
| 2019-12-31 | $47.94 | $14.43 | x |
| 2020-12-31 | $61.83 | $14.43 | x |
| 2021-12-31 | $94.61 | $14.43 | x |
| 2022-12-31 | $117.06 | $14.43 | x |
| 2023-12-31 | $133.56 | $14.43 | x |
| 2024-12-31 | $159.43 | $14.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 360 Finance Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.49%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.99x
- Recent ROE (25.90%) is above the historical average (25.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -1249.46% | 0.04x | 0.00x | $-47.54 Million |
| 2017 | 22.46% | 25.20% | 0.21x | 4.22x | $91.45 Million |
| 2018 | 26.88% | 32.04% | 0.51x | 1.66x | $749.29 Million |
| 2019 | 34.68% | 34.88% | 0.35x | 2.82x | $1.78 Billion |
| 2020 | 36.88% | 25.78% | 0.56x | 2.57x | $2.55 Billion |
| 2021 | 38.03% | 34.76% | 0.50x | 2.20x | $4.26 Billion |
| 2022 | 21.35% | 24.31% | 0.41x | 2.14x | $2.14 Billion |
| 2023 | 19.53% | 26.31% | 0.36x | 2.09x | $2.09 Billion |
| 2024 | 25.90% | 36.49% | 0.36x | 1.99x | $3.85 Billion |
Industry Comparison
This section compares 360 Finance Inc's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 360 Finance Inc (QFIN) | $24.30 Billion | 0.00% | 1.53x | $2.34 Billion |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |