Qfin Holdings, Inc. (QFIN) — Financial statements
Income statement, balance sheet, and cash flow for Qfin Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 18,682↑8.8% | 17,166↑5.4% | 16,290↓1.6% | 16,554↓0.5% | 16,636 | |
| Cost of Revenue | 3,454↓47.4% | 6,562↑12.3% | 5,842↑20.3% | 4,856↑27.8% | 3,799 | |
| Gross Profit | 15,228↑43.6% | 10,604↑1.5% | 10,448↓10.7% | 11,698↓8.9% | 12,837 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 450↑6.8% | 421↑2.0% | 413↓25.9% | 557 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 1,726↓11.0% | 1,940↓12.1% | 2,207↑5.6% | 2,090 | |
| SG&A Expenses | 0.00↓100.0% | 2,175↓7.9% | 2,361↓9.9% | 2,620↓1.1% | 2,648 | |
| Other Expenses | 8,902↑889.3% | 900↓72.1% | 3,230↓29.9% | 4,606↑35.4% | 3,403 | |
| Operating Expenses | 8,902↑189.5% | 3,075↓45.0% | 5,591↓22.6% | 7,226↑19.4% | 6,050 | |
| Total Costs & Expenses | 12,356↑28.2% | 9,637↓15.7% | 11,433↓5.4% | 12,082↑22.7% | 9,849 | |
| Operating Results | ||||||
| Operating Income | 6,326↓16.0% | 7,529↑55.0% | 4,857↑8.6% | 4,472↓34.1% | 6,786 | |
| Depreciation & Amortization | 0.00↓100.0% | 75↑1.5% | 74↓4.2% | 77↑16.7% | 66 | |
| EBITDA | 7,175↓11.2% | 8,081↑1.2% | 7,985↓10.5% | 8,917↓10.2% | 9,930 | |
| EBIT | 7,175↓10.4% | 8,007↑1.2% | 7,911↓10.5% | 8,840↓10.4% | 9,864 | |
| Interest & Other Income | ||||||
| Net Interest Income | 8,336↑21.3% | 6,874↑29.0% | 5,327↑45.1% | 3,670↑58.9% | 2,310 | |
| Interest Income | 8,336↑21.3% | 6,874↑29.0% | 5,327↑45.1% | 3,670↑58.9% | 2,310 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -850↓77.6% | -478↑84.3% | -3,054↑30.1% | -4,368↓41.9% | -3,078 | |
| Other Income / Expenses | 850↑133.5% | 364↓13.5% | 420↑55.6% | 270↑14.2% | 237 | |
| Income Before Tax | 7,175↓9.1% | 7,892↑49.5% | 5,277↑11.3% | 4,742↓32.5% | 7,023 | |
| Income Tax Expense | 1,362↓17.1% | 1,644↑63.0% | 1,009↑36.9% | 737↓41.4% | 1,258 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 5,813↓7.0% | 6,248↑46.4% | 4,269↑6.6% | 4,006↓30.5% | 5,765 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 5,799↓7.4% | 6,264↑46.2% | 4,285↑6.5% | 4,024↓30.4% | 5,782 | |
| Bottom-Line Net Income | 5,799↓7.4% | 6,264↑46.2% | 4,285↑6.5% | 4,024↓30.4% | 5,782 | |
| EPS (Basic) | 87.40↑105.1% | 42.62↑59.6% | 26.71↑2.1% | 26.17↓29.6% | 37.18 | |
| EPS (Diluted) | 85.58↑104.2% | 41.90↑60.7% | 26.07↑2.6% | 25.42↓28.4% | 35.52 | |
| Weighted Average Shares | 67↓55.3% | 149↓7.1% | 160↑2.6% | 156↑1.7% | 154 | |
| Weighted Average Diluted Shares | 68↓55.2% | 152↓7.6% | 164↑2.0% | 161↑0.2% | 161 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.