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Qifu Technology Reports Strong Growth in Q1 2025 Financial Results

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Qifu Technology Reports Strong Growth in Q1 2025 Financial Results

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The latest update is out from 360 DigiTech, Inc. Class A ( (HK:3660) ).

Qifu Technology, Inc. announced its unaudited financial results for the first quarter of 2025, highlighting significant growth in its user base and loan facilitation. The company reported an 11.1% increase in connected consumers and a 13.8% rise in cumulative borrowers compared to the previous year. The total loan volume facilitated through its platform reached RMB88,883 million, marking a 15.8% increase from the same period in 2024. Despite a slight decrease in loan volume from the prior quarter, the company’s capital-light model and technology solutions continue to play a crucial role in its operations, with a notable 95.1% contribution from repeat borrowers.

The most recent analyst rating on (HK:3660) stock is a Buy with a HK$164.30 price target. To see the full list of analyst forecasts on 360 DigiTech, Inc. Class A stock, see the HK:3660 Stock Forecast page.

More about 360 DigiTech, Inc. Class A

Qifu Technology, Inc. is a leading AI-empowered Credit-Tech platform in China, focusing on connecting financial institutions with consumers who have potential credit needs. The company offers technology solutions such as the Intelligence Credit Engine (ICE) and operates primarily through its app, Qifu Jietiao.

Average Trading Volume: 3,987

Technical Sentiment Signal: Buy

Current Market Cap: HK$45.18B

For detailed information about 3660 stock, go to TipRanks’ Stock Analysis page.

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