360 Historical Income Statement
| QFIN Stock | USD 42.49 2.39 5.96% |
Historical analysis of 360 Finance income statement accounts such as Selling General Administrative of 406.6 M, Total Revenue of 10.7 B, Gross Profit of 7.8 B or Other Operating Expenses of 13.8 B can show how well 360 Finance performed in making a profits. Evaluating 360 Finance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 360 Finance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining 360 Finance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 360 Finance is a good buy for the upcoming year.
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About 360 Income Statement Analysis
360 Finance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to 360 Finance shareholders. The income statement also shows 360 investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
360 Finance Income Statement Chart
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Total Revenue
Total revenue comprises all receipts 360 Finance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.Most accounts from 360 Finance's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Total Other Income Expense Net is very stable compared to the past year. As of the 7th of February 2025, Net Income Applicable To Common Shares is likely to grow to about 4.9 B, while Tax Provision is likely to drop about 603 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 77.0M | 73.8M | 84.8M | 89.1M | Net Interest Income | 3.7B | 4.9B | 5.6B | 5.9B |
360 Finance income statement Correlations
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360 Finance Account Relationship Matchups
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360 Finance income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Tax Provision | 586.0M | 1.3B | 736.8M | 942.6M | 1.1B | 603.0M | |
| Interest Income | 2.3B | 2.3B | 3.7B | 4.9B | 5.6B | 5.9B | |
| Selling General Administrative | 456.0M | 557.3M | 412.8M | 421.1M | 484.2M | 406.6M | |
| Total Revenue | 13.6B | 16.6B | 16.6B | 16.3B | 18.7B | 10.7B | |
| Gross Profit | 10.4B | 12.8B | 11.7B | 10.4B | 12.0B | 7.8B | |
| Other Operating Expenses | 1.6B | (7.2B) | 9.8B | 11.4B | 13.1B | 13.8B | |
| Operating Income | 4.1B | 7.0B | 4.8B | 3.0B | 3.4B | 3.2B | |
| Net Income From Continuing Ops | 3.5B | 5.8B | 4.0B | 4.0B | 4.6B | 2.9B | |
| Ebit | 4.1B | 7.0B | 4.7B | 7.9B | 9.1B | 9.6B | |
| Cost Of Revenue | 3.2B | 3.8B | 4.9B | 5.8B | 6.7B | 7.1B | |
| Total Operating Expenses | 1.6B | (7.2B) | 1.5B | 5.6B | 6.4B | 6.8B | |
| Income Before Tax | 4.1B | 7.0B | 4.7B | 5.3B | 6.1B | 3.5B | |
| Total Other Income Expense Net | 291.6M | 236.5M | 270.2M | 2.3B | 2.6B | 2.8B | |
| Net Income Applicable To Common Shares | 2.5B | 3.5B | 5.8B | 4.0B | 4.6B | 4.9B | |
| Net Income | 3.5B | 5.8B | 4.0B | 4.3B | 4.9B | 2.9B | |
| Income Tax Expense | 586.0M | 1.3B | 736.8M | 1.0B | 1.2B | 610.6M | |
| Minority Interest | 512K | 17.2M | 18.6M | 16.8M | 19.3M | 20.3M | |
| Net Interest Income | 2.3B | 2.3B | 3.7B | 4.9B | 5.6B | 5.9B | |
| Depreciation And Amortization | 36.1M | 66.0M | 77.0M | 73.8M | 84.8M | 89.1M | |
| Selling And Marketing Expenses | 1.1B | 2.1B | 2.2B | 1.9B | 2.2B | 1.9B | |
| Ebitda | 4.1B | 7.1B | 4.8B | 8.0B | 9.2B | 9.6B | |
| Reconciled Depreciation | 36.1M | 66.0M | 77.0M | 73.8M | 84.8M | 89.1M |
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
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 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 4.88 | Revenue Per Share | Quarterly Revenue Growth 0.063 | Return On Assets |
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.