Qifu Technology (Qifu Technology) ROE % Adjusted to Book Value : 22.66% (As of Mar. 2024)

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What is Qifu Technology ROE % Adjusted to Book Value?

Qifu Technology's ROE % for the quarter that ended in Mar. 2024 was 21.07%. Qifu Technology's PB Ratio for the quarter that ended in Mar. 2024 was 0.93. Qifu Technology's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 22.66%.

Qifu Technology ROE % Adjusted to Book Value Historical Data

The historical data trend for Qifu Technology's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Qifu Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

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30.67

34.80

31.76

18.59

25.65

Qifu Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															17.75	22.18	25.74	25.81	22.66

Competitive Comparison of Qifu Technology's ROE % Adjusted to Book Value

For the Credit Services subindustry, Qifu Technology's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Qifu Technology's ROE % Adjusted to Book Value falls into.

Qifu Technology ROE % Adjusted to Book Value Calculation

Qifu Technology's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	20.78%	/	0.81
	=	25.65%

Qifu Technology's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	21.07%	/	0.93
	=	22.66%

Qifu Technology ROE % Adjusted to Book Value 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 » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

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.