360 DigiTech Inc
NASDAQ:QFIN

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360 DigiTech Inc
NASDAQ:QFIN
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Price: 38.24 USD 0.63% Market Closed
Market Cap: 6B USD
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Gross Margin
360 DigiTech Inc

83.1%
Current
85%
Average
65.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
83.1%
=
Gross Profit
14.3B
/
Revenue
17.2B

Gross Margin Across Competitors

Country CN
Market Cap 6B USD
Gross Margin
83%
Country US
Market Cap 214B USD
Gross Margin
63%
Country US
Market Cap 69.6B USD
Gross Margin
0%
Country IN
Market Cap 4.2T INR
Gross Margin
61%
Country US
Market Cap 44.4B USD
Gross Margin
0%
Country US
Market Cap 26B USD
Gross Margin
0%
Country KZ
Market Cap 18.7B USD
Gross Margin
0%
Country US
Market Cap 18B USD
Gross Margin
0%
Country IN
Market Cap 1.1T INR
Gross Margin
56%
Country US
Market Cap 11.3B EUR
Gross Margin
74%
Country IN
Market Cap 999B INR
Gross Margin
51%
No Stocks Found

360 DigiTech Inc
Glance View

Market Cap
6B USD
Industry
Financial Services

In the dynamic landscape of fintech, 360 DigiTech Inc. emerges as a notable operator that bridges traditional financial services with cutting-edge technology. Founded in China, this company occupies a niche where it serves as a platform facilitating the connection between financial partners and consumers. Financial institutions leverage 360 DigiTech to tap into a vast pool of potential borrowers, offering them personalized credit solutions. The company's robust capabilities in big data and AI-driven analytics allow it to meticulously assess creditworthiness, enabling lenders to make informed decisions about their prospective clients while minimizing risks. 360 DigiTech generates revenue through various channels, primarily by charging service fees. These include platform service fees from financial institutions utilizing its marketplace and post-loan facilitation fees derived from continuous services like customer assessment and risk management. By refining an ecosystem that benefits both lenders and borrowers, 360 DigiTech not only enhances financial inclusivity but also positions itself firmly amidst growing digital transitions in the financial sector. By continually refining its proprietary algorithms and leveraging its data insights, 360 DigiTech remains agile and responsive to the evolving market demands, thus sustaining its profitability and expanding its relevance in an increasingly competitive industry.

QFIN Intrinsic Value
59.08 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
83.1%
=
Gross Profit
14.3B
/
Revenue
17.2B
What is the Gross Margin of 360 DigiTech Inc?

Based on 360 DigiTech Inc's most recent financial statements, the company has Gross Margin of 83.1%.