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Qfin Holdings, Inc.

QFNHF
Exchange
OTC
Industry
Finance Services
SEC CIK
0001741530

In the last 90 days, Qfin Holdings, Inc. insiders filed 0 open-market purchases and 2 sales; no institution reported holding it in 13F filings for Q2 2026; no superinvestor holds it.

Other share classesQFIN

Currency
CNY
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 8, 2026, 2:08 PM ET

Amounts are in CNY, the currency Qfin Holdings, Inc. reports in. Lines marked ≈ US$ convert key figures to US dollars.

Revenue flow, FY2025

Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of Qfin Holdings, Inc., annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing20-F20-F20-F20-F20-F
Reported–––––
RevenueCNY 19.2B≈ US$2.67BCNY 17.2B≈ US$2.39BCNY 16.3B≈ US$2.30BCNY 16.6B≈ US$2.47BCNY 16.6B≈ US$2.58B
Cost of revenueCNY 3.00BCNY 2.90BCNY 2.66BCNY 2.37BCNY 2.25B
Selling, general and administrativeCNY 659.0MCNY 449.5MCNY 421.1MCNY 412.8MCNY 557.3M
Operating incomeCNY 6.68BCNY 7.53BCNY 4.86BCNY 4.47BCNY 6.79B
Income taxCNY 1.40BCNY 1.64BCNY 1.01BCNY 736.8MCNY 1.26B
Net incomeCNY 5.98B≈ US$831.5MCNY 6.25B≈ US$868.4MCNY 4.27B≈ US$603.2MCNY 4.01B≈ US$596.5MCNY 5.76B≈ US$893.7M
EPS, basicCNY 22.48CNY 21.02CNY 13.36CNY 12.87CNY 18.82
EPS, dilutedCNY 22.01CNY 20.64CNY 13.04CNY 12.50CNY 17.99
Weighted shares, basic266.5M298.0M320.7M312.6M307.3M
Weighted shares, diluted272.2M303.4M328.5M322.0M321.4M
Margins and growth
Operating margin34.8%43.9%29.8%27.0%40.8%
Net margin31.1%36.4%26.2%24.2%34.7%
Revenue growth, year over year+11.9%+5.4%−1.6%−0.5%+22.6%
Net income growth, year over year−4.4%+46.4%+6.6%−30.5%+64.9%

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of Qfin Holdings, Inc., annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing20-F20-F20-F20-F20-F
Reported–––––
Cash and equivalentsCNY 4.70BCNY 4.45BCNY 4.18BCNY 7.17BCNY 6.12B
Short-term investmentsCNY 2.85BCNY 3.39BCNY 15.0MCNY 57.0M–
Total current assetsCNY 49.5BCNY 42.8BCNY 39.8BCNY 34.1BCNY 27.8B
Property, plant and equipmentCNY 637.0MCNY 362.8MCNY 231.2MCNY 47.6MCNY 24.9M
GoodwillCNY 45.2MCNY 42.4MCNY 41.2M––
Intangible assetsCNY 10.7MCNY 11.8MCNY 13.4MCNY 4.70MCNY 4.96M
Total assetsCNY 56.9B≈ US$8.14BCNY 48.1B≈ US$6.59BCNY 45.8B≈ US$6.45BCNY 40.3B≈ US$5.85BCNY 33.5B≈ US$5.26B
Total current liabilitiesCNY 20.4BCNY 17.5BCNY 19.9BCNY 16.7BCNY 14.1B
Long-term debt–CNY 247.5MCNY 90.6MCNY 17.9M–
Total liabilitiesCNY 32.8BCNY 23.9BCNY 23.8BCNY 21.4BCNY 18.3B
Shareholders' equityCNY 24.2BCNY 24.2BCNY 22.0BCNY 18.9BCNY 15.2B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of Qfin Holdings, Inc., annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing20-F20-F20-F20-F20-F
Reported–––––
Operating cash flowCNY 11.1B≈ US$1.54BCNY 9.34B≈ US$1.30BCNY 7.12B≈ US$1.01BCNY 5.92B≈ US$881.9MCNY 5.79B≈ US$897.6M
Capital expendituresCNY 240.5MCNY 153.2MCNY 84.6MCNY 27.0MCNY 25.3M
Free cash flowCNY 10.8B≈ US$1.51BCNY 9.19B≈ US$1.28BCNY 7.03B≈ US$994.0MCNY 5.90B≈ US$877.9MCNY 5.76B≈ US$893.6M
Depreciation and amortizationCNY 68.1MCNY 74.9MCNY 73.8MCNY 77.0MCNY 66.0M
Stock-based compensationCNY 378.4MCNY 167.6MCNY 185.6MCNY 199.7MCNY 253.9M
Share buybacksCNY 4.85BCNY 2.97BCNY 636.2M––
Investing cash flowCNY -13.1BCNY -7.99BCNY -11.1BCNY -7.36BCNY -6.06B
Financing cash flowCNY 2.78BCNY -2.11BCNY 1.07BCNY 3.20BCNY 2.26B
Net change in cashCNY 735.1MCNY -753.2MCNY -2.95BCNY 1.75BCNY 1.99B
Ratio
Stock-based compensation, % of revenue2.0%1.0%1.1%1.2%1.5%

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for Qfin Holdings, Inc. by cover date
Cover dateShares outstandingChange in a yearFiling
Dec 31, 2025243.8M−14.1%SEC
Dec 31, 2024284.0M−9.9%SEC
Dec 31, 2023315.2M−2.3%SEC
Dec 31, 2022322.8M–SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
  • ≈ US$ figures convert CNY at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.