Qfin Holdings (QFIN) Asset Writedowns and Impairment (2017 - 2026)
Qfin Holdings (QFIN) posted Asset Writedowns and Impairment of $3.0 million for Q1 2026, down 70.64% sequentially from $10.1 million in Q4 2025, and down 68.7% YoY from $9.4 million in Q1 2025.
Qfin Holdings (QFIN) Asset Writedowns and Impairment (2017 - 2026) Analysis & Trends
Qfin Holdings has reported Asset Writedowns and Impairment for 10 years, with the latest figure at $3.0 million in Q1 2026.
- Quarterly Asset Writedowns and Impairment fell 68.7% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.3 million (down 27.1% YoY) and the FY2025 annual result came in at $45.7 million, down 20.87% from the prior year.
- Asset Writedowns and Impairment retreated to $3.0 million in Q1 2026 per QFIN's latest filing, from $10.1 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $17.0 million in Q2 2024 and troughed at -$326000.0 in Q1 2023.
- A 5-year average of $9.8 million and a median of $9.8 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment sank 103.86% in 2023, then soared 4835.89% in 2024.
- Over 5 years, Asset Writedowns and Impairment stood at $9.8 million in 2022, then surged by 31.56% to $12.8 million in 2023, then dropped by 17.31% to $10.6 million in 2024, then retreated by 5.24% to $10.1 million in 2025, then sank by 70.64% to $3.0 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $3.0 million, $10.1 million, and $14.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn |
| 10 | Qfin Holdings | 3.17 Bn | -125.16 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.95 Mn |
| Mar 31, 2026 | 2.95 Mn |
| Dec 31, 2025 | 10.06 Mn |
| Dec 31, 2025 | 10.06 Mn |
| Sep 30, 2025 | 14.17 Mn |
| Sep 30, 2025 | 14.17 Mn |
| Jun 30, 2025 | 11.15 Mn |
| Jun 30, 2025 | 11.15 Mn |
| Mar 31, 2025 | 9.43 Mn |
| Mar 31, 2025 | 9.43 Mn |
| Dec 31, 2024 | 10.61 Mn |
| Dec 31, 2024 | 10.61 Mn |
| Sep 30, 2024 | 15.50 Mn |
| Sep 30, 2024 | 15.50 Mn |
| Jun 30, 2024 | 17.03 Mn |
| Jun 30, 2024 | 17.03 Mn |
| Mar 31, 2024 | 15.44 Mn |
| Mar 31, 2024 | 15.44 Mn |
| Dec 31, 2023 | 12.83 Mn |
| Dec 31, 2023 | 12.83 Mn |