360 Finance Inc (QFIN) - Net Assets
Based on the latest financial reports, 360 Finance Inc (QFIN) has net assets worth $24.40 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($54.13 Billion) and total liabilities ($29.73 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. Also explore 360 Finance Inc balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.40 Billion |
| % of Total Assets | 45.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | 58.75% |
| 10-Year Change | N/A |
| Growth Volatility | 158.66 |
360 Finance Inc - Net Assets Trend (2016–2025)
This chart illustrates how 360 Finance Inc's net assets have evolved over time, based on quarterly financial data. Check QFIN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for 360 Finance Inc (2016–2025)
The table below shows the annual net assets of 360 Finance Inc from 2016 to 2025. For live valuation and market cap data, see 360 Finance Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $24.16 Billion | -0.37% |
| 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 2452399100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.50 Billion | 101.61% |
| Common Stock | $20.00K | 0.00% |
| Other Comprehensive Income | $-195.69 Million | -0.81% |
| Total Equity | $24.11 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 |
|---|---|
|
Fibra Terrafina
MX:TERRA13
|
$1.69 Billion |
|
BCO LATINOAMER.D.COM.EX.E
F:D8Q
|
$1.69 Billion |
|
Xiamen Leading Optics Co Ltd
SHG:605118
|
$1.69 Billion |
|
Walker & Dunlop Inc
NYSE:WD
|
$1.69 Billion |
|
Attendo AB (publ)
ST:ATT
|
$1.69 Billion |
|
Hubei TKD Crystal Electn
SHG:603738
|
$1.69 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
$1.69 Billion |
|
Parex Resources Inc
TO:PXT
|
$1.69 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 2024 to 2025, total equity changed from 24,190,043,000 to 24,114,915,000, a change of -75,128,000 (-0.3%).
- Net income of 5,799,172,000 contributed positively to equity growth.
- Dividend payments of 1,378,103,000 reduced retained earnings.
- Share repurchases of 4,848,116,000 reduced equity.
- Other comprehensive income decreased equity by 207,571,000.
- Other factors increased equity by 559,490,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.80 Billion | +24.05% |
| Dividends Paid | $1.38 Billion | -5.71% |
| Share Repurchases | $4.85 Billion | -20.1% |
| Other Comprehensive Income | $-207.57 Million | -0.86% |
| Other Changes | $559.49 Million | +2.32% |
| Total Change | $- | -0.31% |
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: 0.04x
- 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 | $-0.11 | $13.88 | x |
| 2017-12-31 | $5.10 | $13.88 | x |
| 2018-12-31 | $43.80 | $13.88 | x |
| 2019-12-31 | $47.94 | $13.88 | x |
| 2020-12-31 | $61.83 | $13.88 | x |
| 2021-12-31 | $94.61 | $13.88 | x |
| 2022-12-31 | $117.06 | $13.88 | x |
| 2023-12-31 | $133.56 | $13.88 | x |
| 2024-12-31 | $159.43 | $13.88 | x |
| 2025-12-31 | $354.41 | $13.88 | 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): 24.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.04%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.36x
- Recent ROE (24.05%) is below the historical average (24.98%), suggesting potential challenges in 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 |
| 2025 | 24.05% | 31.04% | 0.33x | 2.36x | $3.39 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: $4,726,481,705
- Average return on equity (ROE) among peers: 88.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 360 Finance Inc (QFIN) | $24.40 Billion | 0.00% | 1.22x | $1.69 Billion |
| Affirm Holdings Inc (AFRM) | $2.62 Billion | -27.02% | 1.66x | $21.03 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $248.49 Million | 12.88% | 18.94x | $1.97 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $781.83 Million | 6.15% | 17.27x | $159.02 Million |
| AIOS Tech Inc. (AIOS) | $6.35 Million | 30.77% | 0.99x | $3.53 Million |
| Ally Financial Inc (ALLY) | $14.42 Billion | 11.90% | 11.53x | $12.59 Billion |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $73.20 Million |
| Atlanticus Holdings Corporation (ATLC) | $812.65 Million | 21.09% | 1.24x | $1.49 Billion |
| American Express Company (AXP) | $28.06 Billion | 29.85% | 8.31x | $215.64 Billion |
| Bread Financial Holdings, Inc. (BFH) | $23.09 Million | 838.91% | 357.19x | $4.12 Billion |
| Credit Acceptance Corporation (CACC) | $288.44 Million | 8.55% | 1.99x | $5.46 Billion |
About 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 and post-fac… Read more