Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
82/100RyuScore 82 out of 100, Strong
82
Strong. Qfin Holdings, Inc. scores higher than 96% of the 1,794 companies Ryufin scores.
Carried by valuation and return on capital, with nothing holding it far back.
Financial Services median 58 · all companies 50
Valuation
26% of the score, 28% here after data gaps
100median 13
Qfin Holdings, Inc. is valued at 0.3x its operating profit, including debt: cheap enough for full points.
25x
20x
15x
10x
6x
0.3x
Full points at 6x or less, none from 25xfull points
Return on capital
18% of the score, 20% here after data gaps
100median 34
Over 7 years the business earned 29% a year after tax on the capital it uses.
2%
8%
15%
25%
29%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 21%
Return on new capital
16% of the score, 17% here after data gaps
60median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 5 cents. New capital earned 8%, and 65% of profit went back into the business.
-5%
12%
5.2%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score, 15% here after data gaps
57median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countDown 2.4% a year over 5 years: buybacks
92
5%
-3%
-2.4%
0 pointsfull points
Assets against salesAssets grew 18% a year, sales 7.2%
5
12%
-2%
11%
0 pointsfull points
Cycle position
12% of the score, 13% here after data gaps
62median 62
Today's operating margin of 35% is 1.04x its normal 33%: close to its usual level. Normal is half the 9 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
9 years agonow 35%
Balance sheet
Taken out: its 8% is shared by the others
n/ano data
No debt or interest figures on file.
Earnings quality
6% of the score, 7% here after data gaps
100median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.67x profit over 3 years
100
0.7x
1x
1.3x
1.7x
0 pointsfull points
AccrualsCash ran ahead of profit by 9.7% of assets
100
8%
0%
-8%
-9.7%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For QFIN, balance sheet could not be measured from the filings, so it is taken out and the remaining weights scale up.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there.