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Qifu Technology (Qifu Technology) Pre-Tax Income : $792 Mil (TTM As of Mar. 2024)


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What is Qifu Technology Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Qifu Technology's pretax income for the three months ended in Mar. 2024 was $212 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $792 Mil. Qifu Technology's pretax margin was 45.91%.

During the past 8 years, Qifu Technology's highest Pretax Margin was 49.17%. The lowest was 32.56%. And the median was 39.37%.


Qifu Technology Pre-Tax Income Historical Data

The historical data trend for Qifu Technology's Pre-Tax Income 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 Pre-Tax Income Chart

Qifu Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 423.07 624.19 1,102.59 680.23 739.12

Qifu Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.94 190.79 202.54 186.40 211.93

Competitive Comparison of Qifu Technology's Pre-Tax Income

For the Credit Services subindustry, Qifu Technology's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qifu Technology's Pre-Tax Income Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Qifu Technology's Pre-Tax Income falls into.



Qifu Technology Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Qifu Technology's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+739.118
=739

Qifu Technology's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+211.929
=212

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $792 Mil.

* 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.


Qifu Technology  (NAS:QFIN) Pre-Tax Income Explanation

Qifu Technology's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=211.929/461.612
=45.91%

During the past 8 years, Qifu Technology's highest Pretax Margin was 49.17%. The lowest was 32.56%. And the median was 39.37%.

* 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.


Qifu Technology Pre-Tax Income Related Terms

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Qifu Technology (Qifu Technology) Business Description

Traded in Other Exchanges
Address
No. 1217 Dongfang Road, 7th Floor Lujiazui Finance Plaza, Pudong New Area, Shanghai, CHN, 200122
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.