360 Finance Stock Fundamentals
| QFIN Stock | USD 38.11 0.23 0.61% |
360 Finance fundamentals help investors to digest information that contributes to 360 Finance's financial success or failures. It also enables traders to predict the movement of 360 Stock. The fundamental analysis module provides a way to measure 360 Finance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 360 Finance stock.
At this time, 360 Finance's Total Operating Expenses is very stable compared to the past year. As of the 1st of December 2024, Total Other Income Expense Net is likely to grow to about 2.4 B, while Tax Provision is likely to drop about 603 M. 360 | Select Account or Indicator |
360 Finance Company Return On Equity Analysis
360 Finance's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current 360 Finance Return On Equity | 0.22 |
Most of 360 Finance's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 360 Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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360 Total Stockholder Equity
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Based on the latest financial disclosure, 360 Finance has a Return On Equity of 0.2198. This is 84.84% lower than that of the Consumer Finance sector and 97.11% lower than that of the Financials industry. The return on equity for all United States stocks is 170.9% lower than that of the firm.
360 Finance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 360 Finance's current stock value. Our valuation model uses many indicators to compare 360 Finance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 360 Finance competition to find correlations between indicators driving 360 Finance's intrinsic value. More Info.360 Finance is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for 360 Finance is roughly 2.05 . At this time, 360 Finance's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 360 Finance's earnings, one of the primary drivers of an investment's value.360 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 360 Finance's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 360 Finance could also be used in its relative valuation, which is a method of valuing 360 Finance by comparing valuation metrics of similar companies.360 Finance is currently under evaluation in return on equity category among its peers.
360 Finance Current Valuation Drivers
We derive many important indicators used in calculating different scores of 360 Finance from analyzing 360 Finance's financial statements. These drivers represent accounts that assess 360 Finance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 360 Finance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.8B | 11.5B | 22.4B | 21.9B | 18.4B | 11.7B | |
| Enterprise Value | 7.9B | 7.2B | 16.7B | 14.9B | 15.1B | 9.4B |
360 Finance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 360 Finance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 360 Finance's managers, analysts, and investors.Environmental | Governance | Social |
360 Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | 4.5 B | ||||
| Shares Outstanding | 155.25 M | ||||
| Shares Owned By Insiders | 1.02 % | ||||
| Shares Owned By Institutions | 69.30 % | ||||
| Number Of Shares Shorted | 2.06 M | ||||
| Price To Earning | 3.61 X | ||||
| Price To Book | 1.88 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 16.29 B | ||||
| Gross Profit | 11.7 B | ||||
| EBITDA | 7.98 B | ||||
| Net Income | 4.27 B | ||||
| Cash And Equivalents | 7.25 B | ||||
| Cash Per Share | 46.40 X | ||||
| Total Debt | 827.73 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 1.86 X | ||||
| Book Value Per Share | 139.19 X | ||||
| Cash Flow From Operations | 7.12 B | ||||
| Short Ratio | 0.98 X | ||||
| Earnings Per Share | 4.84 X | ||||
| Target Price | 302.63 | ||||
| Number Of Employees | 3.12 K | ||||
| Beta | 0.66 | ||||
| Market Capitalization | 5.92 B | ||||
| Total Asset | 45.82 B | ||||
| Retained Earnings | 16.3 B | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 45.82 B |
About 360 Finance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 360 Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 360 Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 360 Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 142.3 M | 126.5 M | |
| Total Revenue | 16.3 B | 10.7 B | |
| Cost Of Revenue | 5.8 B | 6.1 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.03 | 0.02 | |
| Revenue Per Share | 99.14 | 52.00 | |
| Ebit Per Revenue | 0.18 | 0.19 |
Pair Trading with 360 Finance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 360 Finance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 360 Finance will appreciate offsetting losses from the drop in the long position's value.Moving together with 360 Stock
Moving against 360 Stock
| 0.72 | RC | Ready Capital Corp | PairCorr |
| 0.71 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.55 | WU | Western Union Sell-off Trend | PairCorr |
| 0.53 | PT | Pintec Technology | PairCorr |
| 0.51 | TETEW | Technology Telecommunicatio | PairCorr |
The ability to find closely correlated positions to 360 Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 360 Finance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 360 Finance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 360 Finance to buy it.
The correlation of 360 Finance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 360 Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 360 Finance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 360 Finance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out 360 Finance Piotroski F Score and 360 Finance Altman Z Score analysis. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 360 Finance. If investors know 360 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 360 Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.343 | Earnings Share 4.84 | Revenue Per Share 109.127 | Quarterly Revenue Growth 0.063 | Return On Assets 0.107 |
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.