The financials
Qfin Holdings, Inc. by the numbers
Qfin Holdings, Inc. (QFIN) reported revenue of CNY 3.91B in Q4 2022 (quarter ended December 31, 2022), down 15% from the same quarter a year earlier. That came with a gross margin of 85% and net income of CNY 868M (22% of revenue). For the full year FY2025, revenue was CNY 19.2B (+12% year on year) and net income CNY 5.98B.
| Income statement | Q4 2022 | Q3 2021 | Change |
|---|---|---|---|
| Revenue | CNY 3.91B | CNY 4.61B | −15% |
| Gross profit | CNY 3.32B | CNY 3.99B | −17% |
| Operating income | CNY 944M | CNY 1.89B | −50% |
| Net income | CNY 868M | CNY 1.56B | −45% |
| Diluted EPS | CNY 11.12 | CNY 4.87 | +128% |