360 Cost Of Revenue vs Capex To Revenue Analysis

QFIN Stock

USD 36.18 1.93 5.06%

360 Finance financial indicator trend analysis is way more than just evaluating 360 Finance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 360 Finance is a good investment. Please check the relationship between 360 Finance Cost Of Revenue and its Capex To Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.

Cost Of Revenue vs Capex To Revenue

Cost Of Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 360 Finance Cost Of Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between 360 Finance's Cost Of Revenue and Capex To Revenue is -0.74. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of 360 Finance, assuming nothing else is changed. The correlation between historical values of 360 Finance's Cost Of Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of 360 Finance are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., 360 Finance's Cost Of Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on 360 Finance income statement and represents the costs associated with goods and services 360 Finance provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from 360 Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 360 Finance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.At this time, 360 Finance's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 2nd of December 2024, Enterprise Value Multiple is likely to grow to 2.58, while Tax Provision is likely to drop about 603 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	66.0M	77.0M	73.8M	41.7M
Net Interest Income	2.3B	3.7B	4.9B	5.1B

Depreciation And Amortization Net Interest Income

360 Finance fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Property Plant Equipment	Capital Stock	Current Deferred Revenue	Net Invested Capital
Total Assets		-0.64	0.52	0.93	0.93	0.62	-0.91	0.88	0.94	0.63	0.38	0.5	0.94	0.78	0.4	0.93	0.9	0.9	0.86	0.77	0.85	0.9	0.85	-0.41	0.91
Other Current Liab	-0.64		-0.44	-0.65	-0.64	-0.54	0.57	-0.71	-0.59	-0.56	-0.4	-0.22	-0.59	-0.4	0.02	-0.68	-0.38	-0.69	-0.77	-0.61	-0.62	-0.66	-0.66	0.46	-0.65
Total Current Liabilities	0.52	-0.44		0.72	0.72	0.99	-0.27	0.78	0.3	0.98	0.98	-0.43	0.3	0.82	0.74	0.74	0.39	0.68	0.63	0.93	0.64	0.61	0.85	-0.95	0.69
Total Stockholder Equity	0.93	-0.65	0.72		1.0	0.81	-0.85	0.98	0.87	0.82	0.59	0.3	0.87	0.89	0.52	0.99	0.85	0.97	0.91	0.92	0.93	0.95	0.91	-0.69	0.93
Net Tangible Assets	0.93	-0.64	0.72	1.0		0.8	-0.86	0.97	0.88	0.81	0.59	0.31	0.88	0.89	0.53	0.99	0.86	0.97	0.91	0.92	0.92	0.94	0.9	-0.69	0.92
Property Plant And Equipment Net	0.62	-0.54	0.99	0.81	0.8		-0.39	0.86	0.42	1.0	0.95	-0.31	0.42	0.86	0.7	0.82	0.48	0.77	0.71	0.97	0.73	0.7	0.9	-0.94	0.78
Net Debt	-0.91	0.57	-0.27	-0.85	-0.86	-0.39		-0.78	-1.0	-0.41	-0.1	-0.72	-1.0	-0.6	-0.16	-0.82	-0.88	-0.87	-0.84	-0.6	-0.81	-0.87	-0.64	0.26	-0.78
Retained Earnings	0.88	-0.71	0.78	0.98	0.97	0.86	-0.78		0.8	0.88	0.66	0.18	0.8	0.85	0.47	0.97	0.72	0.96	0.91	0.94	0.95	0.94	0.94	-0.75	0.96
Cash	0.94	-0.59	0.3	0.87	0.88	0.42	-1.0	0.8		0.45	0.14	0.7	1.0	0.63	0.18	0.84	0.89	0.88	0.86	0.62	0.82	0.88	0.68	-0.28	0.81
Non Current Assets Total	0.63	-0.56	0.98	0.82	0.81	1.0	-0.41	0.88	0.45		0.93	-0.29	0.45	0.85	0.67	0.83	0.48	0.79	0.73	0.97	0.77	0.73	0.92	-0.94	0.8
Non Currrent Assets Other	0.38	-0.4	0.98	0.59	0.59	0.95	-0.1	0.66	0.14	0.93		-0.57	0.14	0.73	0.72	0.63	0.26	0.55	0.5	0.86	0.49	0.45	0.75	-0.93	0.56
Other Assets	0.5	-0.22	-0.43	0.3	0.31	-0.31	-0.72	0.18	0.7	-0.29	-0.57		0.7	0.05	-0.25	0.28	0.57	0.29	0.3	-0.08	0.28	0.37	-0.01	0.4	0.22
Cash And Short Term Investments	0.94	-0.59	0.3	0.87	0.88	0.42	-1.0	0.8	1.0	0.45	0.14	0.7		0.63	0.18	0.84	0.89	0.88	0.86	0.62	0.82	0.88	0.68	-0.28	0.82
Net Receivables	0.78	-0.4	0.82	0.89	0.89	0.86	-0.6	0.85	0.63	0.85	0.73	0.05	0.63		0.82	0.9	0.79	0.77	0.67	0.91	0.77	0.81	0.83	-0.77	0.77
Non Current Liabilities Total	0.4	0.02	0.74	0.52	0.53	0.7	-0.16	0.47	0.18	0.67	0.72	-0.25	0.18	0.82		0.57	0.49	0.37	0.27	0.67	0.34	0.39	0.51	-0.67	0.37
Other Current Assets	0.93	-0.68	0.74	0.99	0.99	0.82	-0.82	0.97	0.84	0.83	0.63	0.28	0.84	0.9	0.57		0.84	0.94	0.89	0.93	0.88	0.92	0.9	-0.71	0.9
Other Stockholder Equity	0.9	-0.38	0.39	0.85	0.86	0.48	-0.88	0.72	0.89	0.48	0.26	0.57	0.89	0.79	0.49	0.84		0.78	0.72	0.66	0.67	0.79	0.65	-0.34	0.7
Total Liab	0.9	-0.69	0.68	0.97	0.97	0.77	-0.87	0.96	0.88	0.79	0.55	0.29	0.88	0.77	0.37	0.94	0.78		0.98	0.89	0.92	0.93	0.9	-0.66	0.93
Property Plant And Equipment Gross	0.86	-0.77	0.63	0.91	0.91	0.71	-0.84	0.91	0.86	0.73	0.5	0.3	0.86	0.67	0.27	0.89	0.72	0.98		0.83	0.86	0.9	0.87	-0.61	0.88
Total Current Assets	0.77	-0.61	0.93	0.92	0.92	0.97	-0.6	0.94	0.62	0.97	0.86	-0.08	0.62	0.91	0.67	0.93	0.66	0.89	0.83		0.83	0.83	0.95	-0.89	0.86
Intangible Assets	0.85	-0.62	0.64	0.93	0.92	0.73	-0.81	0.95	0.82	0.77	0.49	0.28	0.82	0.77	0.34	0.88	0.67	0.92	0.86	0.83		0.96	0.87	-0.62	0.95
Property Plant Equipment	0.9	-0.66	0.61	0.95	0.94	0.7	-0.87	0.94	0.88	0.73	0.45	0.37	0.88	0.81	0.39	0.92	0.79	0.93	0.9	0.83	0.96		0.86	-0.58	0.91
Capital Stock	0.85	-0.66	0.85	0.91	0.9	0.9	-0.64	0.94	0.68	0.92	0.75	-0.01	0.68	0.83	0.51	0.9	0.65	0.9	0.87	0.95	0.87	0.86		-0.73	0.95
Current Deferred Revenue	-0.41	0.46	-0.95	-0.69	-0.69	-0.94	0.26	-0.75	-0.28	-0.94	-0.93	0.4	-0.28	-0.77	-0.67	-0.71	-0.34	-0.66	-0.61	-0.89	-0.62	-0.58	-0.73		-0.59
Net Invested Capital	0.91	-0.65	0.69	0.93	0.92	0.78	-0.78	0.96	0.81	0.8	0.56	0.22	0.82	0.77	0.37	0.9	0.7	0.93	0.88	0.86	0.95	0.91	0.95	-0.59

Click cells to compare fundamentals

360 Finance Account Relationship Matchups

360 Finance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.4B	24.4B	33.5B	40.3B	45.8B	24.0B
Short Long Term Debt Total	200M	186.8M	397.6M	150M	827.7M	869.1M
Other Current Liab	(200M)	(1.7B)	(1.3B)	(1.0B)	(1.7B)	(1.6B)
Total Current Liabilities	200M	186.8M	397.6M	150M	34.2B	35.9B
Total Stockholder Equity	7.2B	9.5B	15.2B	18.8B	21.9B	23.0B
Other Liab	3.4B	1.5B	4.1B	4.7B	5.4B	5.6B
Net Tangible Assets	7.2B	9.5B	14.2B	17.8B	20.5B	21.5B
Property Plant And Equipment Net	17.1M	19.4M	24.9M	47.6M	276.6M	290.4M
Net Debt	(1.9B)	(4.2B)	(5.7B)	(7.0B)	(3.4B)	(3.5B)
Retained Earnings	2.1B	4.1B	9.6B	12.8B	16.3B	17.1B
Accounts Payable	14.6M	0.09	41.9M	47.4M	54.5M	57.2M
Cash	2.1B	4.4B	6.1B	7.2B	4.2B	3.6B
Non Current Assets Total	20.6M	22.8M	1.0B	1.1B	6.0B	6.3B
Non Currrent Assets Other	(20.6M)	(22.8M)	(1.0B)	(1.0B)	4.7B	4.9B
Other Assets	13.3B	12.7B	17.5B	23.6B	(4.9B)	(4.6B)
Cash And Short Term Investments	2.1B	4.4B	6.1B	7.2B	4.2B	3.6B
Net Receivables	4.9B	1.2B	3.8B	3.3B	7.8B	8.2B
Common Stock Shares Outstanding	150.5M	153.3M	160.7M	161.0M	164.3M	136.2M
Liabilities And Stockholders Equity	20.4B	24.4B	33.5B	40.3B	45.8B	24.0B
Non Current Liabilities Total	3.5B	37.8M	121.4M	150M	3.9B	4.1B
Capital Lease Obligations	21.0M	28.5M	25.8M	30.7M	29.1M	18.6M
Inventory	(15.1B)	(15.1B)	(18.5B)	(25.8B)	(4.9B)	(5.1B)
Other Current Assets	15.1B	15.5B	18.9B	26.2B	32.6B	34.3B
Other Stockholder Equity	5.1B	5.4B	5.7B	6.1B	5.7B	4.6B
Total Liab	200M	14.9B	18.3B	21.4B	23.8B	25.0B
Short Long Term Debt	200M	186.8M	397.6M	150M	798.6M	838.5M
Total Current Assets	7.0B	11.7B	15.0B	15.6B	44.7B	46.9B
Accumulated Other Comprehensive Income	24.9M	(74.4M)	(110.9M)	(51.8M)	(34.7M)	(36.4M)
Short Term Debt	200M	215.3M	423.4M	180.7M	827.7M	869.1M
Intangible Assets	3.5M	3.4M	1.0B	1.0B	990.9M	1.0B
Common Stock	590M	20K	21K	22K	19.8K	18.8K
Property Plant Equipment	17.1M	19.4M	67.5M	47.6M	54.7M	57.5M

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

0.66	DIST	Distoken Acquisition	Pair Corr
0.77	AB	AllianceBernstein	Pair Corr
0.83	AC	Associated Capital	Pair Corr

Moving against 360 Stock

0.72	RC	Ready Capital Corp	Pair Corr
0.53	PT	Pintec Technology	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether 360 Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 360 Finance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 360 Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 360 Finance Stock:

How To Invest In 360

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Is 360 Stock a good investment?

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What is 360 Finance's Net Worth?

Details

Largest Consumer Finance Companies

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Largest Financial Services Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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.

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360 Cost Of Revenue vs Capex To Revenue Analysis

Cost Of Revenue vs Capex To Revenue

Cost Of Revenue vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Capex To Revenue

360 Finance fundamental ratios Correlations

360 Finance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

360 Finance fundamental ratios Accounts

Pair Trading with 360 Finance

Moving together with 360 Stock

Moving against 360 Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Other Current Assets	+ 0.99	Total Stockholder Equity
Other Current Assets	+ 0.99	Net Tangible Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Current Deferred Revenue	- 0.95	Total Current Liabilities
Current Deferred Revenue	- 0.94	Non Current Assets Total
Current Deferred Revenue	- 0.94	Property Plant And Equipment Net
Current Deferred Revenue	- 0.93	Non Currrent Assets Other