OverviewSuggest Edit
360 Finance is a digital consumer finance platform. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners.
| Type | Public | |
| Founded | 2016 | |
| HQ | Shanghai, CN | Map |
| Website | ir.360jinrong.net |
Recent NewsAll News
Key People/Management at 360 Finance
Haisheng Wu
Chief Executive Officer and Director
Jiang Wu
Chief Financial Officer
Zhiqiang He
Vice President
Yan Zheng
Vice President
360 Finance Office Locations
360 Finance has an office in Shanghai
Shanghai, CN (HQ)
Exchange Center
Building B No. 1701 Century Avenue No. 555 Pudian Road
360 Finance Financials and Metrics
360 Finance Revenue
360 Finance's revenue was reported to be $13.56 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 13.6b |
Gross profit (FY, 2020) | 12.0b |
Gross profit margin (FY, 2020), % | 88.2% |
Net income (FY, 2020) | 535.7m |
EBIT (FY, 2020) | 3.8b |
Market capitalization (11-May-2021) | 3.5b |
Closing stock price (11-May-2021) | 22.8 |
Cash (31-Dec-2020) | 677.2m |
EV | 3.0b |
360 Finance's current market capitalization is $3.5 b.
Annual
| USD | FY, 2016 |
|---|---|
Financial Leverage | -4.1 x |
360 Finance Operating Metrics
360 Finance's Borrowers was reported to be 6.4 m in Q3, 2018.
| Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | |
|---|---|---|---|---|---|---|---|---|
Borrowers | 56 k | 327 k | 748 k | 1.54 m | 2.29 m | 3.16 m | 4.69 m | 6.44 m |
Loans Originated | $433 m | $2.71 b | $5.12 b | $10.4 b | $12.76 b | $14.77 b | $21.28 b | $26.93 b |
Outstanding Loan Balance | ¥321 m | ¥1.8 b | ¥3.93 b | ¥8.15 b | ¥12.17 b | ¥17.33 b | ¥26.27 b | ¥34.34 b |
Users With Approved Credit Lines | 106 k | 527 k | 1.13 m | 2.26 m | 3.3 m | 4.65 m | 7.16 m | 9.64 m |
360 Finance Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Fuzhou 360 Financing Guarantee Co. | ||
| Fuzhou 360 Online Microcredit Co. | ||
| HK Qirui International Technology Company Limited | ||
| Shanghai Qiyue Information & Technology Co. | ||
| Shanghai Qiyu Information & Technology Co. |
360 Finance Cybersecurity Score
360 Finance Online and Social Media Presence
360 Finance's Trends
360 Finance News and Updates
September 15, 2020
360 Finance Announces Result of Extraordinary General Meeting and Name Change Effectiveness
SHANGHAI, China, Sept. 15, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a data driven, technology empowered digital platform, today announced that, at its extraordinary general meeting of shareholders held today, shareholders of the Company adopted th…
August 17, 2020
360 Finance to Announce Second Quarter 2020 Unaudited Financial Results on August 24, 2020
SHANGHAI, China, Aug. 17, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2020, before the open of U.S.…
July 13, 2020
360 Finance Announces Changes to Management
SHANGHAI, China, July 12, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced the appointment of Mr. Alex Xu as the Chief Financial Officer of the Company in replacement of Mr. Jiang Wu, and the ap…
June 29, 2020
360 Finance Selected for the 2020 CB Insights China Fintech 50 List
BEIJING, June 29, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform, today announced that it has been selected for the 2020 CB Insights China Fintech 50 List (the “List”). The List was released during the Future …
June 11, 2020
Nasdaq-listed 360 Finance may kick off HK listing end-2020 - sources
Nasdaq-listed 360 Finance Inc
may kick off its Hong Kong listing process as soon as
December, two sources familiar with the matter said, as
U.S.-listed Chinese firms pursue dual listings amid uncertain
Sino-U.S. relations.
June 03, 2020
360 Finance Among First Wave of Companies to Register its Financial Services App with China's NIFA
BEIJING, June 3, 2020 /PRNewswire/ -- 360 Finance, Inc. (NASDAQ: QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform, today announced that its mobile application "360 Jietiao" was among the first batch of financial services apps from 33 companies to...
360 Finance Blogs
July 30, 2020
Alex Xu
Alex Xu
jo-en.bautista…
Thu, 07/30/2020 - 06:13
Mr.
Alex
Xu
Chief Financial Officer
Mr. Alex Xu has been serving as our Senior Advisor since October 2019. Mr. Xu has extensive experiences in capital market, corporate finance and business management. Prior to jo…
May 29, 2020
Eric Xiaohuan Chen
Eric Xiaohuan Chen
ronah.alquiros…
Thu, 05/28/2020 - 21:56
Mr.
Eric Xiaohuan
Chen
Director
Mr. Eric Xiaohuan Chen has served as our director since November 2019. Mr. Chen also serves as a director of a number of privately owned companies based in China. Mr. Chen…
May 29, 2020
Dan Zhao
Dan Zhao
ronah.alquiros…
Thu, 05/28/2020 - 21:56
Mr.
Dan
Zhao
Director
Mr. Dan Zhao is currently the vice president of 360 Group. Before joining 360 Group in January 2013, Mr. Zhao served as a senior manager of internal audit in Alibaba Group (NYSE: BABA) from N…
May 26, 2020
360 Finance Announces Completion of Issuance of RMB300 Million Asset-Backed Securities
360 Finance Announces Completion of Issuance of RMB300 Million Asset-Backed Securities
ronah.alquiros…
Tue, 05/26/2020 - 07:13
360 Finance Announces Completion of Issuance of RMB300 Million Asset-Backed Securities
May 26,2020
This release is a backfill from a …
May 08, 2020
360 Finance Announces Initiation of Coverage by Morgan Stanley
SHANGHAI, China, May 8, 2020 -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that Morgan Stanley recently initiated coverage on the Company. The management of 360 Finance commented, “Morgan Stanley initiated coverage
April 30, 2020
360 Finance Filed 2019 Annual Report on Form 20-F
SHANGHAI, China , April 30, 2020 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and
360 Finance Frequently Asked Questions
When was 360 Finance founded?
360 Finance was founded in 2016.
Who are 360 Finance key executives?
360 Finance's key executives are Haisheng Wu, Jiang Wu and Zhiqiang He.
How many employees does 360 Finance have?
360 Finance has 1,643 employees.
What is 360 Finance revenue?
Latest 360 Finance annual revenue is $13.6 b.
What is 360 Finance revenue per employee?
Latest 360 Finance revenue per employee is $8.3 m.
Who are 360 Finance competitors?
Competitors of 360 Finance include Stride Health, Self Financial and NOA.
Where is 360 Finance headquarters?
360 Finance headquarters is located at Exchange Center Building B No. 1701 Century Avenue No. 555 Pudian Road, Shanghai.
Where are 360 Finance offices?
360 Finance has an office in Shanghai.
How many offices does 360 Finance have?
360 Finance has 1 office.
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