Qifu Technology (Qifu Technology) Ending Cash Position : $1,133 Mil (As of Mar. 2024)

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What is Qifu Technology Ending Cash Position?

Qifu Technology's Ending Cash Position for the quarter that ended in Mar. 2024 was $1,133 Mil.

Qifu Technology's quarterly Ending Cash Position declined from Sep. 2023 ($1,097 Mil) to Dec. 2023 ($1,059 Mil) but then increased from Dec. 2023 ($1,059 Mil) to Mar. 2024 ($1,133 Mil).

Qifu Technology's annual Ending Cash Position increased from Dec. 2021 ($1,375 Mil) to Dec. 2022 ($1,508 Mil) but then declined from Dec. 2022 ($1,508 Mil) to Dec. 2023 ($1,059 Mil).

Qifu Technology Ending Cash Position Historical Data

The historical data trend for Qifu Technology's Ending Cash Position 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 Ending Cash Position Chart

Qifu Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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546.91

1,035.93

1,375.34

1,507.86

1,058.65

Qifu Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															1,269.12	1,161.02	1,096.95	1,058.65	1,132.62

Qifu Technology Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Qifu Technology's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1472.277	+	-413.624
	=	1,059

Qifu Technology's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1049.642	+	82.982
	=	1,133

Qifu Technology Ending Cash Position Related Terms

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Qifu Technology (Qifu Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qifu Technology Inc (NAS:QFIN) » Definitions » Ending Cash Position

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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.