Qfin Holdings, Inc. (QFIN) - Net Assets
Based on the latest financial reports, Qfin Holdings, Inc. (QFIN) has net assets worth $24.79 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($53.11 Billion) and total liabilities ($28.32 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. See Qfin Holdings, Inc. balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.79 Billion |
| % of Total Assets | 46.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | 58.75% |
| 10-Year Change | N/A |
| Growth Volatility | 158.66 |
Qfin Holdings, Inc. - Net Assets Trend (2016–2025)
This chart illustrates how Qfin Holdings, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore QFIN net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Qfin Holdings, Inc. (2016–2025)
The table below shows the annual net assets of Qfin Holdings, Inc. from 2016 to 2025. For live market cap and overall valuation, see QFIN market cap overview.
| 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 Qfin Holdings, 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% |
Qfin Holdings, Inc. Competitors by Market Cap
The table below lists competitors of Qfin Holdings, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Cosmos Chemical Co Ltd
SHE:300856
|
$741.33 Million |
|
Ethos Limited
NSE:ETHOSLTD
|
$741.70 Million |
|
Harvia Oyj
HE:HARVIA
|
$742.01 Million |
|
Lahav LR Real Estate Ltd
TA:LAHAV
|
$742.15 Million |
|
WCON Electronics (Guangdong) Co. Ltd. A
SHE:301328
|
$741.01 Million |
|
Shenzhen Shengxunda Technology Co Ltd Class A
SHE:300518
|
$740.88 Million |
|
Jiangsu TongLin Electric Co.Ltd.
SHE:301168
|
$740.67 Million |
|
Chongqing Constr Engineering
SHG:600939
|
$740.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qfin Holdings, 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 5,989,691,000 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 368,971,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.99 Billion | +24.84% |
| Dividends Paid | $1.38 Billion | -5.71% |
| Share Repurchases | $4.85 Billion | -20.1% |
| Other Comprehensive Income | $-207.57 Million | -0.86% |
| Other Changes | $368.97 Million | +1.53% |
| Total Change | $- | -0.31% |
Book Value vs Market Value Analysis
This analysis compares Qfin Holdings, 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: 0.03x
- 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 | $6.20 | x |
| 2017-12-31 | $5.10 | $6.20 | x |
| 2018-12-31 | $43.80 | $6.20 | x |
| 2019-12-31 | $47.94 | $6.20 | x |
| 2020-12-31 | $61.83 | $6.20 | x |
| 2021-12-31 | $94.61 | $6.20 | x |
| 2022-12-31 | $117.06 | $6.20 | x |
| 2023-12-31 | $133.56 | $6.20 | x |
| 2024-12-31 | $159.43 | $6.20 | x |
| 2025-12-31 | $177.20 | $6.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qfin Holdings, 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): 24.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.25%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.36x
- Recent ROE (24.84%) is below the historical average (25.05%), 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 | 24.84% | 37.25% | 0.28x | 2.36x | $3.58 Billion |
Industry Comparison
This section compares Qfin Holdings, Inc.'s net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,874,532,278
- Average return on equity (ROE) among peers: 12.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qfin Holdings, Inc. (QFIN) | $24.79 Billion | 0.00% | 1.14x | $741.05 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $23.96 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $11.70 Million | -5.13% | 42.80x | $1.90 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $47.20 Million | 1.69% | 11.77x | $145.21 Million |
| Ally Financial Inc (ALLY) | $16.13 Billion | 11.07% | 10.95x | $11.60 Billion |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $56.91 Million |
| Atlanticus Holdings Corporation (ATLC) | $7.44 Million | 96.44% | 35.06x | $1.42 Billion |
| American Express Company (AXP) | $10.10 Billion | 24.52% | 13.71x | $210.27 Billion |
| Bread Financial Holdings, Inc. (BFH) | $3.05 Billion | 9.08% | 6.50x | $3.86 Billion |
| Credit Acceptance Corporation (CACC) | $265.45 Million | 20.69% | 2.55x | $5.68 Billion |
| Capital One Financial Corporation (COF) | $6.05 Billion | 18.77% | 6.65x | $122.24 Billion |
About Qfin Holdings, 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